v3.19.2

real estate joint ventures (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
real estate joint ventures |
Schedule of real estate joint ventures financial information |
|  | June 30, |  | December 31,
As at (millions) |  | 2019 |  | 2018
ASSETS |  |  |  |  |  |
Current assets |  |  |  |  |  |
Cash and temporary investments, net |  | $ | 5 |  | $ | 11
Escrowed deposits |  |  | — |  |  | 4
Other |  |  | 5 |  |  | 2
|  |  | 10 |  |  | 17
Non-current assets |  |  |  |  |  |
Investment property under development |  |  | 306 |  |  | 256
|  | $ | 316 |  | $ | 273
LIABILITIES AND OWNERS’ EQUITY |  |  |  |  |  |
Current liabilities |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 12 |  | $ | 19
Construction holdback liabilities |  |  | 14 |  |  | 15
Construction credit facilities |  |  | 258 |  |  | —
|  |  | 284 |  |  | 34
Non-current liabilities |  |  |  |  |  |
Construction credit facilities |  |  | — |  |  | 207
|  |  | — |  |  | 241
Owners’ equity |  |  |  |  |  |
TELUS 1 |  |  | 13 |  |  | 13
Other partners |  |  | 19 |  |  | 19
|  |  | 32 |  |  | 32
|  | $ | 316 |  | $ | 273
| (1) |  | The equity amounts recorded by the real estate joint venture differ from those recorded by us by the amount of the deferred gains on our real estate contributed and the valuation provision we have recorded in excess of that recorded by the real estate joint venture.
|  | Three months |  | Six months
Periods ended June 30 (millions) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Revenue-from investment property |  | $ | — |  | $ | 8 |  | $ | — |  | $ | 16
Depreciation and amortization |  | $ | — |  | $ | 2 |  | $ | — |  | $ | 4
Interest expense 1 |  | $ | — |  | $ | 2 |  | $ | — |  | $ | 4
Net income and comprehensive income 2 |  | $ | — |  | $ | (3) |  | $ | (1) |  | $ | (2)
| (1) |  | During the three-month and six-month periods ended June 30, 2019, the real estate joint ventures capitalized $3 (2018 – $2) and $6 (2018 – $4), respectively, of financing costs.
| (2) |  | As the real estate joint ventures are partnerships, no provision for income taxes of the partners is made in determining the real estate joint ventures’ net income and comprehensive income.
Schedule of joint ventures investment activity |
|  | 2019 |  | 2018
|  | Loans and |  |  |  |  |  |  |  | Loans and |  |  |  |  |  |
Three-month periods ended June 30 (millions) |  | receivables 1 |  | Equity 2 |  | Total |  | receivables 1 |  | Equity 2 |  | Total
Related to real estate joint ventures’ statements of income and other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Comprehensive income attributable to us |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | (1) |  | $ | (1)
Related to real estate joint ventures’ statements of financial position |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Items not affecting currently reported cash flows |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction credit facilities financing costs charged by us and other (Note 7) |  |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | —
Cash flows in the current reporting period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction credit facilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts advanced |  |  | 9 |  |  | — |  |  | 9 |  |  | 7 |  |  | — |  |  | 7
Financing costs paid to us |  |  | (1) |  |  | — |  |  | (1) |  |  | — |  |  | — |  |  | —
Funds repaid to us and earnings distributed |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1) |  |  | (1)
Net increase |  |  | 9 |  |  | — |  |  | 9 |  |  | 7 |  |  | (2) |  |  | 5
Real estate joint ventures carrying amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance, beginning of period |  |  | 77 |  |  | 5 |  |  | 82 |  |  | 53 |  |  | 15 |  |  | 68
Balance, end of period |  | $ | 86 |  | $ | 5 |  | $ | 91 |  | $ | 60 |  | $ | 13 |  | $ | 73
|  | 2019 |  | 2018
|  | Loans and |  |  |  |  |  |  |  | Loans and |  |  |  |  |  |
Six-month periods ended June 30 (millions) |  | receivables 1 |  | Equity 2 |  | Total |  | receivables 1 |  | Equity 2 |  | Total
Related to real estate joint ventures’ statements of income and other comprehensive income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Comprehensive income attributable to us |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | (1) |  | $ | (1)
Related to real estate joint ventures’ statements of financial position |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Items not affecting currently reported cash flows |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction credit facilities financing costs charged by us and other (Note 7) |  |  | 2 |  |  | — |  |  | 2 |  |  | 1 |  |  | — |  |  | 1
Cash flows in the current reporting period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction credit facilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts advanced |  |  | 17 |  |  | — |  |  | 17 |  |  | 13 |  |  | — |  |  | 13
Financing costs paid to us |  |  | (2) |  |  | — |  |  | (2) |  |  | (1) |  |  | — |  |  | (1)
Funds repaid to us and earnings distributed |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1) |  |  | (1)
Net increase |  |  | 17 |  |  | — |  |  | 17 |  |  | 13 |  |  | (2) |  |  | 11
Real estate joint ventures carrying amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance, beginning of period |  |  | 69 |  |  | 5 |  |  | 74 |  |  | 47 |  |  | 15 |  |  | 62
Balance, end of period |  | $ | 86 |  | $ | 5 |  | $ | 91 |  | $ | 60 |  | $ | 13 |  | $ | 73
| (1) |  | Loans and receivables are included in our Consolidated statements of financial position as Real estate joint venture advances and are comprised of advances under construction credit facilities (see (d)).
| (2) |  | We account for our interests in the real estate joint ventures using the equity method of accounting.
Schedule of construction credit facility |
|  |  |  | June 30, |  | December 31,
As at (millions) |  | Note |  | 2019 |  | 2018
Construction credit facilities commitment – TELUS Corporation |  |  |  |  |  |  |  |
Undrawn |  | 4(b ) |  | $ | 28 |  | $ | 45
Advances |  |  |  |  | 86 |  |  | 69
|  |  |  |  | 114 |  |  | 114
Construction credit facilities commitment – other |  |  |  |  | 228 |  |  | 228
|  |  |  | $ | 342 |  | $ | 342

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfJointVenturesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of construction credit facility. + References No definition available. + Details
Name: | tu_DisclosureOfConstructionCreditFacilityTextBlock
Namespace Prefix: | tu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of joint ventures investment activities. + References No definition available. + Details
Name: | tu_DisclosureOfJointVenturesInvestmentActivityExplanatoryTextBlock
Namespace Prefix: | tu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate joint ventures financial information. + References No definition available. + Details
Name: | tu_DisclosureOfRealEstateJointVenturesFinancialInformationExplanatory
Namespace Prefix: | tu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration