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Events after the balance sheet date
Approval of the consolidated financial statements The Board of Directors of Swisscom approved the release of these consolidated financial statements on 5 February 2014. As of this date, no significant post-balance sheet events occurred. ...
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General information
The Swisscom Group (hereinafter referred to as “ Swisscom”) provides telecommunication services and is active primarily in Switzerland and Italy. A more detailed description of Swisscom’s business activities is to be found in Notes 3.16 and 6. The consolidated financial statements as of and for the year ended 31 December 2013 comprise Swisscom Ltd, the parent company, and its subsidiaries. A table of the Group subsidiaries is set out in Note 41. Swisscom Ltd is a limited-liability company incorporated in Switzerland under a private statute a...
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Investments in associates
In CHF million 2013 2012 Balance at 1 January 268 233 Additions 1 49 Disposals (105) – Dividends (43) (38) Share of net results ...
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KPIs of Swisscom Group
In CHF million, except where indicated 2013 2012 Change Economic performance Net rev...
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Shareholders’ letter
Dear Shareholders Swisscom can look back on a successful and eventful year with strong customer growth and stable core business. Customer growth was accelerated by innovations and investments in the market, particularly in the latest generation of ICT networks. Swisscom TV, along with offerings in mobile communications and from Fastweb, allowed us to win over a large number of new customers. A high volume of incomingorders at Swisscom IT Services and our customers switching to bundledofferings helped to deliver a solid performance. Continuing co...
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Swisscom Group five-year review
In CHF million, except where indicated 2009 2010 2011 2012 2013 Net revenue and results ...
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Key Events 2013
Market Swisscom starts rolling out Fibre to the Street (FTTS) in 23 municipalities. In a pilot phase it connects in towns like Biel and Montreux, by rolling out Fibre to the Building (FTTB). Swisscom invests CHF 1.7 billion in its Swiss infrastructure. The expansion of the new 4G/LTE network proceeds at high speed. 85% of the Swiss population can already use Swisscom’s latest-generation mobile network in 1,400 municipalities, including 140 towns and cities. Swisscom wins connect magazine’s network test for the fifth year...
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Summary of significant accounting policies
3 Summary of significant accounting policies 3.1 Consolidation Subsidiaries Subsidiaries are all companies over which Swisscom Ltd has the effective ability of controlling their financial and business policies. Control is generally presumed where Swisscom Ltd directly or indirectly holds the majority of the voting rights or potential voting rights of the company. Subsidiaries are included in consolidation from the date on which they are acquired and deconsolidated from the date they are disposed of. Intercompany balances and transactions, income an...
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