v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - CHF (SFr)
SFr in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net (loss) SFr (108.5) SFr (361.9) SFr (312.2)
Income tax (benefit) (19.9) (16.7) (59.9)
Share-based compensation expense 49.0 19.1 22.5
Depreciation of RoU assets 129.9 129.7 128.0
Depreciation of PP&E and amortisation of intangibles 936.4 917.9 992.1
Restructuring and other (13.5) 49.8 86.2
Financial income (425.8) (257.7) (574.7)
Financial expenses 656.3 742.6 957.2
Dividends received 3.3 3.0 3.1
Interest received 3.0 1.6 0.9
Tax refunds 0.0 0.0 4.0
Taxes paid (33.8) (1.1) 0.0
Proceeds from sale of trade receivables 51.5 0.0 0.0
Changes in operating assets and liabilities (12.7) 52.8 (45.7)
Net cash provided by operating activities 1,215.2 1,279.1 1,201.5
Cash flows from investing activities:      
Capital expenditures (499.5) (541.1) (468.0)
Cash paid in connection with acquisitions, net of cash acquired 0.0 0.0 (85.1)
Acquisition of equity-accounted investees 0.0 (0.6) 0.0
Net advances from (to) related parties (0.2) 112.7 (204.8)
Cash received for other investing activities 0.0 0.0 0.1
Cash paid for other investing activities (4.1) (49.7) (2.8)
Net cash used in investing activities (503.8) (478.7) (760.6)
Cash flows from financing activities:      
Interest paid (261.3) (420.2) (422.5)
Repayment out of capital contribution reserves to Sunrise Communications AG shareholders (240.4) 0.0 0.0
Borrowing of debt 1,260.8 0.0 0.0
Vendor financing additions 405.7 363.4 271.2
Repayments of debt (1,223.4) (1,064.7) 0.0
Principal payments on vendor financing (430.7) (377.0) (296.6)
Payment of lease liabilities (121.0) (114.4) (107.6)
Payment of financing costs and debt premiums (19.3) 0.0 0.1
Net cash received (paid) for interest related derivative instruments 41.9 172.7 174.5
Net cash paid for principal related derivative instruments (193.2) (120.4) (57.4)
Capital contribution from former parent 0.0 1,106.2 0.0
Issuance of share capital 0.0 0.1 0.0
Repurchase of treasury stock 0.0 (0.1) 0.0
Cash (paid) for other financing activities (5.1) 0.0 (1.8)
Net cash used in financing activities (786.0) (454.4) (440.1)
Net increase (decrease) in cash and cash equivalents: (74.6) 346.0 0.8
Cash and cash equivalents at the beginning of the period 351.8 4.8 2.3
Effect of exchange rate changes on cash (4.0) 1.0 1.7
Cash and cash equivalents at the end of the period SFr 273.2 SFr 351.8 SFr 4.8