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Shareholders' Letter

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Notes to financial statements<br />

1 General information<br />

The financial statements of Swisscom Ltd, the parent company of the Swisscom Group, comply<br />

with Swiss law.<br />

2 Contingent liabilities<br />

At 31 December 2010, guarantees in favour of third parties for the account of Group companies<br />

aggregated CHF 186 million (prior year: CHF 164 million).<br />

3 Fire insurance values of property, plant and equipment<br />

The fire insurance values of property, plant and equipment correspond generally to their replacement<br />

or fair values.<br />

4 Amounts payable to pension funds<br />

As of 31 December 2010, the amounts payable to pension funds amounted to CHF 6 million (prior<br />

year: CHF nil).<br />

5 Debenture bonds issued<br />

The amounts, interest rates and maturities of debenture bonds issued by Swisscom Ltd are as follows:<br />

31.12.2010 31.12.2009<br />

In CHF million Par value Interest rate Par value Interest rate<br />

Debenture bond 2007 to 2013 550 3.50 550 3.50<br />

Debenture bond 2007 to 2017 600 3.75 600 3.75<br />

Debenture bond 2007 to 2010 – – 350 3.25<br />

Debenture bond 2008 to 2015 500 4.00 500 4.00<br />

Debenture bond 2009 to 2014 1,250 3.50 1,250 3.50<br />

Debenture bond 2009 to 2018 1,500 3.25 1,500 3.25<br />

Debenture bond 2010 to 2012 250 0.75 – –<br />

Debenture bond 2010 to 2022 500 2.63 – –

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