← TELUS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | $1.6b | $841.0m | $993.0m | $1.1b | |
| Net Income From Continuing Operations | — | — | — | — | — | — | $1.7b | $867.0m | $938.0m | $777.0m | |
| Net income | $1.2b | $1.5b | $1.6b | $1.8b | $1.3b | $1.7b | $1.7b | $867.0m | $938.0m | $777.0m | |
| Other Adjustments To Reconcile Profit Loss | $29.0m | ($21.0m) | ($79.0m) | ($192.0m) | ($75.0m) | ($108.0m) | ($143.0m) | ($109.0m) | ($91.0m) | ($126.0m) | |
| Amortization Cash Flow | — | — | — | — | — | — | $1.2b | $1.6b | $1.5b | $1.6b | |
| Amortization Of Intangibles | — | — | — | — | — | — | $1.2b | $1.6b | $1.5b | $1.6b | |
| Depreciation | — | — | — | — | — | — | $2.2b | $2.5b | $2.4b | $2.4b | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.5b | $4.1b | $4.0b | $4.0b | |
| Depreciation and amortization | $2.0b | $2.2b | $2.3b | $2.6b | $3.0b | $3.2b | $3.5b | $4.1b | $4.0b | $4.1b | |
| Adjustments For Deferred Tax Of Prior Periods | $26.0m | $78.0m | ($1.0m) | $46.0m | $79.0m | $22.0m | $22.0m | ($4.0m) | $3.0m | $79.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $31.0m | ($140.0m) | ($167.0m) | ($72.0m) | |
| Deferred Tax | — | — | — | — | — | — | $31.0m | ($140.0m) | ($167.0m) | ($72.0m) | |
| Deferred income taxes | ($42.0m) | $430.0m | $74.0m | $115.0m | $76.0m | $47.0m | $31.0m | ($140.0m) | ($167.0m) | ($72.0m) | |
| Adjustments For Share-Based Payments | ($2.0m) | $17.0m | $6.0m | ($2.0m) | $27.0m | $139.0m | $122.0m | $117.0m | $151.0m | $144.0m | |
| Asset Impairment Charge | — | — | — | — | — | — | — | — | $79.0m | $518.0m | |
| Share-based compensation expense, net | ($2.0m) | $17.0m | $6.0m | ($2.0m) | $27.0m | $139.0m | $122.0m | $117.0m | $151.0m | $144.0m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $7.0m | ($9.0m) | ($92.0m) | ($45.0m) | |
| Additional Financial Items | |||||||||||
| (Income) loss from equity accounted investments | — | ($4.0m) | ($170.0m) | ($4.0m) | $29.0m | $10.0m | $7.0m | $26.0m | $18.0m | ($1.0m) | |
| Adjustments For Current Tax Of Prior Period | ($38.0m) | ($82.0m) | ($5.0m) | ($63.0m) | ($99.0m) | ($30.0m) | ($11.0m) | ($40.0m) | ($37.0m) | ($107.0m) | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | — | — | — | — | — | $410.0m | — | — | — | — | |
| Advances to, and investments in, real estate joint ventures and associates | ($33.0m) | ($26.0m) | ($22.0m) | ($35.0m) | ($100.0m) | ($46.0m) | ($21.0m) | ($138.0m) | ($18.0m) | ($3.0m) | |
| Beginning Cash Position | — | — | — | — | — | — | $723.0m | $974.0m | $864.0m | $869.0m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $848.0m | $139.0m | ($1.1b) | ($74.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($5.4b) | ($4.7b) | ($3.7b) | ($3.0b) | |
| Cash and temporary investments, net, beginning of period | $432.0m | $509.0m | $414.0m | $535.0m | $848.0m | $723.0m | $974.0m | $864.0m | $869.0m | $2.6b | |
| Cash payments for acquisitions, net | ($90.0m) | ($564.0m) | ($280.0m) | ($1.1b) | ($3.2b) | ($468.0m) | ($1.5b) | ($1.3b) | ($359.0m) | ($531.0m) | |
| Cash payments for capital assets, excluding spectrum licences | ($2.8b) | ($3.1b) | ($2.9b) | ($3.0b) | ($2.8b) | ($3.1b) | ($3.6b) | ($3.2b) | ($2.8b) | ($2.5b) | |
| Cash payments for spectrum licences | ($145.0m) | — | ($1.0m) | ($942.0m) | — | ($2.2b) | — | ($29.0m) | ($637.0m) | — | |
| Cash used by financing activities | ($87.0m) | ($227.0m) | ($1.2b) | $1.2b | $1.9b | $953.0m | $848.0m | $139.0m | ($1.1b) | ($74.0m) | |
| Cash used by investing activities | ($2.9b) | ($3.6b) | ($3.0b) | ($5.0b) | ($6.2b) | ($5.5b) | ($5.4b) | ($4.7b) | ($3.7b) | ($3.0b) | |
| Change In Inventory | — | — | — | — | — | — | ($89.0m) | $53.0m | ($145.0m) | $147.0m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | — | $4.0m | ($9.0m) | ($14.0m) | |
| Change In Other Working Capital | — | — | — | — | — | — | $82.0m | ($38.0m) | ($16.0m) | ($165.0m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $173.0m | ($268.0m) | $307.0m | ($113.0m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($56.0m) | ($66.0m) | ($27.0m) | ($22.0m) | |
| Change In Receivables | — | — | — | — | — | — | ($303.0m) | ($237.0m) | ($89.0m) | $62.0m | |
| Change In Working Capital | — | — | — | — | — | — | ($193.0m) | ($552.0m) | $21.0m | ($105.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($312.0m) | ($184.0m) | ($54.0m) | ($41.0m) | |
| Changes In Cash | — | — | — | — | — | — | $251.0m | ($110.0m) | $5.0m | $1.8b | |
| Employer contributions to employee defined benefit plans | ($71.0m) | ($67.0m) | ($53.0m) | ($41.0m) | ($51.0m) | ($53.0m) | ($44.0m) | ($28.0m) | ($22.0m) | ($23.0m) | |
| End Cash Position | — | — | — | — | — | — | $974.0m | $864.0m | $869.0m | $2.6b | |
| Equity of subsidiary issued to non-controlling interest | $294.0m | ($1.0m) | $24.0m | — | — | — | — | — | — | $1.3b | |
| Financing Cash Flow | — | — | — | — | — | — | $848.0m | $139.0m | ($1.1b) | ($74.0m) | |
| Free Cash Flow | — | — | — | — | — | — | $1.2b | $1.3b | $1.5b | $2.4b | |
| Gain Loss On Sale Of Business | — | — | — | — | — | ($410.0m) | $0 | — | — | — | |
| Gain on contributions of real estate to joint ventures | — | — | — | — | — | — | — | ($35.0m) | ($110.0m) | ($44.0m) | |
| Goodwill | $3.8b | $4.2b | $4.7b | $5.3b | $7.2b | $7.3b | $9.2b | $10.1b | $10.5b | $10.5b | |
| Increase Decrease In Working Capital | $71.0m | $142.0m | ($256.0m) | $332.0m | ($270.0m) | $82.0m | $193.0m | $326.0m | ($21.0m) | $105.0m | |
| Interest Received Classified As Operating Activities | $4.0m | $7.0m | $9.0m | $7.0m | $13.0m | $17.0m | $17.0m | $23.0m | $33.0m | $53.0m | |
| Interest received | $4.0m | $7.0m | $9.0m | $7.0m | $13.0m | $17.0m | $17.0m | $23.0m | $33.0m | $53.0m | |
| Investing Cash Flow | — | — | — | — | — | — | ($5.4b) | ($4.7b) | ($3.7b) | ($3.0b) | |
| Investment in portfolio investments and other | — | — | — | ($33.0m) | ($129.0m) | ($148.0m) | ($214.0m) | ($132.0m) | ($66.0m) | ($106.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $1.3b | $0 | — | — | — | |
| Issue (repayment) of short-term borrowings, net | — | — | ($67.0m) | ($1.0m) | ($8.0m) | $10.0m | ($17.0m) | ($2.0m) | $825.0m | $13.0m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($1.5b) | ($1.3b) | ($338.0m) | ($417.0m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | $0 | ($29.0m) | ($637.0m) | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($3.6b) | ($3.2b) | ($2.8b) | ($2.5b) | |
| Net employee defined benefit plans expense | $93.0m | $82.0m | $95.0m | $78.0m | $102.0m | $113.0m | $101.0m | $72.0m | $73.0m | $60.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($85.0m) | $63.0m | ($19.0m) | ($288.0m) | |
| Other | ($9.0m) | ($18.0m) | ($22.0m) | ($192.0m) | ($75.0m) | ($108.0m) | ($143.0m) | ($109.0m) | ($91.0m) | ($126.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($234.0m) | $75.0m | ($113.0m) | ($149.0m) | |
| Payments To Acquire Or Redeem Entitys Shares | $179.0m | — | $100.0m | — | — | — | — | — | — | $40.0m | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $101.0m | $72.0m | $73.0m | $60.0m | |
| Proceeds From Issuing Shares | — | — | $43.0m | — | $1.5b | $1.3b | — | — | — | — | |
| Proceeds on disposition | $3.0m | $28.0m | $38.0m | $16.0m | $86.0m | $508.0m | $16.0m | $12.0m | $21.0m | $114.0m | |
| Purchase Of Business | — | — | — | — | — | — | ($1.5b) | ($1.3b) | ($359.0m) | ($531.0m) | |
| Purchase Of Intangible Assets Classified As Investing Activities | $629.0m | $617.0m | $657.0m | $660.0m | $640.0m | $864.0m | $1.0b | $981.0m | $1.0b | $1.0b | |
| Purchase Of Intangibles | — | — | — | — | — | — | $0 | ($29.0m) | ($637.0m) | $0 | |
| Purchase Of PPE | — | $2.5b | $2.4b | $2.8b | $2.7b | $3.2b | ($3.6b) | ($3.2b) | ($2.8b) | ($2.5b) | |
| Purchase of Common Shares for cancellation | ($179.0m) | — | ($100.0m) | — | — | — | — | — | — | ($40.0m) | |
| Real estate joint venture receipts | $103.0m | $18.0m | $184.0m | $7.0m | $5.0m | $4.0m | $5.0m | $10.0m | $109.0m | $1.0m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | — | $0 | ($40.0m) | |
| Sale Of Business | — | — | — | — | — | — | $16.0m | $12.0m | $21.0m | $114.0m | |
| Shares of subsidiary purchased from non-controlling interests, net | — | — | — | — | — | — | ($123.0m) | ($57.0m) | ($25.0m) | ($713.0m) | |
| Stock Based Compensation | — | — | — | — | — | — | $122.0m | $117.0m | $151.0m | $144.0m | |
| Profit or Loss | $1.2b | $1.5b | $1.6b | $1.8b | $1.3b | $1.7b | $1.7b | $867.0m | $938.0m | $777.0m | |
| Capital Expenditure | — | — | — | — | — | — | ($3.6b) | ($3.2b) | ($3.4b) | ($2.5b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($214.0m) | ($132.0m) | ($66.0m) | ($106.0m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($214.0m) | ($132.0m) | ($66.0m) | ($106.0m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($16.0m) | ($128.0m) | $91.0m | ($2.0m) | |
| Issuance Of Debt | — | — | — | — | — | — | $10.3b | $9.2b | $6.5b | $12.8b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $10.3b | $9.2b | $6.5b | $12.8b | |
| Long-term debt issued | $5.7b | $6.4b | $5.5b | $7.7b | $4.9b | $4.9b | $10.3b | $9.2b | $6.5b | $12.8b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $2.2b | $1.5b | $462.0m | $1.2b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $2.2b | $1.5b | ($363.0m) | $1.1b | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($17.0m) | ($2.0m) | $825.0m | $13.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($8.0b) | ($7.7b) | ($6.8b) | ($11.6b) | |
| Redemptions and repayment of long-term debt | ($4.8b) | ($5.5b) | ($5.4b) | ($5.3b) | ($3.9b) | ($5.0b) | ($8.0b) | ($7.7b) | ($6.8b) | ($11.6b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($8.0b) | ($7.7b) | ($6.8b) | ($11.6b) | |
| Common Stock Issuance | — | — | — | — | — | $1.3b | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | $1.3b | $0 | — | $0 | ($40.0m) | |
| Common Stock Payments | — | — | — | — | — | — | — | — | $0 | ($40.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($1.2b) | ($1.3b) | ($1.6b) | ($1.6b) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($1.2b) | ($1.3b) | ($1.6b) | ($1.6b) | |
| Dividends Paid Classified As Financing Activities | $1.1b | $1.1b | $1.1b | $1.1b | $930.0m | $1.0b | $1.2b | $1.3b | $1.6b | — | |
| Dividends Paid Ordinary Shares Per Share | $1.84 | $1.97 | $2.10 | $2.25 | $1.18 | $1.27 | $1.36 | $1.45 | $1.56 | $1.65 | |
| Dividends paid to holders of Common Shares | ($1k) | ($1k) | ($1k) | ($1k) | ($930) | ($1k) | ($1k) | ($1k) | ($2k) | ($2k) | |
| Financing activity transaction costs and other | ($15.0m) | ($9.0m) | ($15.0m) | ($47.0m) | ($72.0m) | ($58.0m) | ($46.0m) | ($20.0m) | ($17.0m) | ($109.0m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($169.0m) | ($77.0m) | ($42.0m) | $439.0m | |
| Increase in cash and temporary investments, net | $209.0m | $77.0m | ($95.0m) | $121.0m | $313.0m | ($125.0m) | $251.0m | ($110.0m) | $5.0m | $1.8b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $251.0m | ($110.0m) | $5.0m | $1.8b | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $519.0m | $389.0m | $358.0m | $480.0m | |
| Interest Paid Classified As Operating Activities | $510.0m | $539.0m | $608.0m | $714.0m | $740.0m | $744.0m | $816.0m | $1.2b | $1.3b | $1.4b | |
| Income taxes paid, net | ($600.0m) | ($191.0m) | ($197.0m) | ($644.0m) | ($430.0m) | ($601.0m) | ($519.0m) | ($389.0m) | ($358.0m) | ($480.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.