I think that's incorrect, public funding is included in revenues. In 2021, out of ~10B revenues, 4B came from state aid. In terms of operating income, traffic r

I think that's incorrect, public funding is included in revenues. In 2021, out of ~10B revenues, 4B came from state aid. In terms of operating income, traffic revenues are roughly equal to public sector funding. See https://reporting.sbb.ch/en/finance?highlighted=8e222679f50e32c11a71983b56261875&years=0,1,5,6,7&scroll=1162.1817626953125 https://reporting.sbb.ch/en/finance?highlighted=8e222679f50e...