Search results
You searched for Share Displaying 41 - 49 of 49 results-
Income taxes
Income tax expense In CHF million 2013 2012restated Current income tax expense 322 318 Adjustments recognised for current tax of prior periods (20) 19 Deferred tax expense 32 81 Total income tax expense recognised in income stat...
More -
Statement of added value
Operating added value is equivalent to net revenue less goods and services purchased, other operating expenses and depreciation and amortisation. Personnel expense is treated as use of added value rather than as an intermediate input. Swisscom generates the bulk of its added value in Switzerland. In the year under review, international activities accounted for 5% of the Group’s added value from operations (prior year: 6%). 2013 2012 In CHF million ...
More -
Statement of added value
Operating added value is equivalent to net revenue less goods and services purchased, other operating expenses and depreciation and amortisation. Personnel expense is treated as use of added value rather than as an intermediate input. Swisscom generates the bulk of its added value in Switzerland. In the year under review, international activities accounted for 5% of the Group’s added value from operations (prior year: 6%). 2013 2012 In CHF million ...
More -
Trade and other receivables
In CHF million 31.12.2013 31.12.2012restated Billed revenue 2,321 2,483 Accrued revenue 206 186 Allowances (164) (209) Total trade receivables, net 2,363 2,460 ...
More -
Summary
Swisscom’s net revenue rose by CHF 50 million or 0.4% to CHF 11,434 million. In contrast, operating income before depreciation and amortisation (EBITDA) fell by CHF 175 million or 3.9% to CHF 4,302 million. The fall in EBITDA and higher depreciation and amortisation led to a decline in net income of CHF 120 million to CHF 1,695 million. Revenue and EBITDA performance were impacted by the euro exchange rate, Fastweb’s wholesale revenue from low-margin interconnection services (hubbing) and corporate acquisitions. At constant exchange ra...
More -
Corporate strategy
Swisscom commands a leading position in the mobile, fixed, broadband and digital TV submarkets. It is also the market leader in IT services. In its traditional usage-based business, stiff competition and changing customer needs continue to erode prices and volumes. The resulting lower revenue and income need to be offset in order to ensure that sufficient financial resources are available for major investments in new technologies. The ICT sector is characterised by the following key trends and developments: Everything always on: In a few years from...
More -
Financial liabilities
In CHF million 31.12.2013 31.12.2012 Bank loans 8 196 Debenture bonds 1,324 631 Private placements 206 131 Finance lease liabilities 13 7 Other interest-b...
More -
Employment law in Switzerland
Introduction Swisscom is one of the largest employers in Switzerland, with around 17,400 full-time equivalent positions. The legal terms and conditions of employment in Switzerland are based on the Swiss Code of Obligations. The collective employment agreement (CEA) sets out the key terms and conditions of employment between Swisscom and its employees. It also contains provisions governing relations between Swisscom and its social partners. A new CEA and social plan entered into force on 1 January 2013. Swisscom IT Services and cablex AG, which o...
More -
Climate-friendly products and services for residential customers
Offering for residential customers During the year under review, the Residential Customer segment of Swisscom Switzerland consolidated its programme for sustainable living and working. The aim of the programme is to optimise products and services from an ecological point of view (for example, in terms of radiation and energy efficiency) and ensure transparency in communication with residential customers. Life-cycle assessments of Swisscom’s networks and devices carried out in recent years have consistently identified the following three aspec...
More