Search results
You searched for Equity Displaying 21 - 30 of 39 results-
Net debt
Net debt comprises financial liabilities less cash and cash equivalents, current financial assets and non-current, fixed-interest-bearing deposits. Swisscom’s goal is to achieve a maximum net debt/EBITDA ratio of around 2. This value may be exceeded temporarily. Financial leeway exists if the target is not reached. In CHF million, except where indicated 31.12.2011 31.12.2012 31.12.2013 Change Net...
More -
Remuneration paid to the Board of Directors
Principles The remuneration system for the members of the Board of Directors is designed to attract and retain experienced and motivated people for the board of directors’ function. It also seeks to align the interests of the members of the Board of Directors with those of the shareholders. The remuneration reflects the level of responsibility and scope of activities performed by each member and is commensurate with the normal market remuneration for comparable functions. The remuneration is made up of a Director’s fee related to the member’...
More -
Financial position
Cash flows In CHF million 2013 2012 Change Operating income before depreciation and amortisation (EBITDA) 4,302 4,477 (175) Capital expenditure in property, plant and equipment and other intangible assets (2,396) (2,529) 133 Proce...
More -
Report of the Statutory Auditor
Report of the Statutory Auditor on the Consolidated Financial Statements to the General Meeting of Shareholders of Swisscom Ltd, Ittigen (Berne) Report of the Statutory Auditor on the Consolidated Financial Statements As statutory auditor, we have audited the accompanying consolidated financial statements on pages 151 to 221 of Swisscom Ltd, which comprise the income statement, statement of comprehensive income, balance sheet, statement of cash flows, statement of changes in equity and notes for the year ended 31 December 2013. Board of Directo...
More -
Key financial figures
In CHF million, except where indicated 2013 2012 Change Net revenue 11,434 11,384 0.4% Operating income before depreciation and amortisation (EBITDA) 4,302 4,477 –3.9% EBITDA as % of net revenue 37.6 ...
More -
Consolidated income statement
In CHF million, except for per share amounts Note 2013 2012restated Net revenue 6, 7 11,434 11,384 Goods and services purchased 8 (2,338) &n...
More -
Decision-making powers
Division of tasks between the Board of Directors and the Compensation Committee The Board of Directors approves the personnel and remuneration policy for the entire Group, as well as the general terms and conditions of employment for members of the Group Executive Board. It also defines the remuneration for each member of the Board of Directors and the CEO as well as the total remuneration for the Group Executive Board. The Compensation Committee handles business matters of the Board of Directors concerning remuneration, submits proposals to the Boar...
More -
Business combinations
Business combinations in 2013 Payments totalling CHF 60 million were made in 2013 for the acquisition of Group companies. Of this amount, CHF 3 million relates to deferred consideration for business combinations in prior years and CHF 57 million for businesses acquired in 2013. The newly acquired companies in 2013 are viewed individually as non-significant business combinations and are thus reported on an aggregate basis. In February 2013, Hospitality Services acquired the operating business of Deuromedia. Deuromedia provides IP-based infotainment ...
More -
Share-based payments
In CHF million 2013 2012 Share-based payments Management Incentive Plan 2 2 Other share-based payments 4 4 Total expense of share-based payments 6 6 Management Incentive Plan The Management Incentive Plan is an equity-share plan for m...
More -
Group structure and organisation
Management structure in the 2013 financial year The Group organisation is based on the following management structure: the Board of Directors of Swisscom Ltd is responsible for overall management and for determining the Group’s strategic, organisational and budgetary principles. It delegates day-to-day business management to the CEO Swisscom Ltd, who, together with the Heads of the Group divisions Group Business Steering, Group Strategy & Innovation and Group Human Resources as well as the CEO of Swisscom IT Services and the Head of Swisscom Sw...
More