v3.24.2.u1

owners' equity (Tables)

6 Months Ended

Jun. 30, 2024

owners' equity

Schedule of authorized share capital

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
As at		2024			2023
First Preferred Shares		1	billion	​	1	billion
Second Preferred Shares		1	billion	​	1	billion
Common Shares		4	billion	​	4	billion

Schedule of changes in ownership interest

​

​	​	​	​	​	​	​	​	​	​
​	​	Economic interest 1			​	Voting interest 1
​		2024		2023		2024		2023	​
Interest in TELUS International (Cda) Inc., beginning of period	​	56.0	%	56.6	%	85.4	%	72.4	%
Effect of	​	​	​	​	​	​	​	​	​
Issue of TELUS International (Cda) Inc. subordinate voting shares as consideration in business acquisition	​	—	​	(1.4)	​	—	​	(0.2)	​
TELUS Corporation acquisition of shares from non-controlling interests 2	​	—	​	0.9		—	​	1.2	​
Share-based compensation and other		(0.2)	​	—		—	​	—	​
Non-controlling interests conversion of multiple voting shares to subordinate voting shares	​	—	​	—	​	1.3	​	—	​
Interest in TELUS International (Cda) Inc., end of period		55.8	%	56.1	%	86.7	%	73.4	%

​

1 Due to the voting rights associated with the multiple voting shares held by TELUS Corporation, our economic and voting interests differ.

2 Acquisition of shares from non-controlling interests of $NIL (2023 – $57 million), of which $NIL (2023 – $32 million) was charged to amounts recorded in owners’ equity for contributed surplus and the balance was charged to non-controlling interests.

Schedule of summarized financial information of Subsidiary

​	​	​	​	​	​	​	​	​	​
​	​	June 30,			June 30,			December 31,
As at, or for the periods ended, ($ in millions) 1		2024			2023			2023
Statement of financial position 1	​	​			​			​
Current assets		$	1,265		​		​	$	1,122
Non-current assets		$	5,424		​		​	$	5,395
Current liabilities		$	1,172		​		​	$	990
Non-current liabilities		$	2,702		​		​	$	2,829
Statement of income and other comprehensive income		​			​		​
THREE-MONTH	​	​	​	​	​	​	​	​	​
Revenue and other income	​	$	936	​	$	896	​
Net income (loss)	​	$	(5)	​	$	(8)	​
Comprehensive income (loss)	​	$	19	​	$	(67)	​
SIX-MONTH	​	​	​	​	​	​	​	​	​
Revenue and other income	​	$	1,860	​	$	1,824	​	​	​
Net income	​	$	33	​	$	10	​	​	​
Comprehensive income (loss)	​	$	102	​	$	(31)	​	​	​
Statement of cash flows	​	​	​	​	​	​	​	​	​
THREE-MONTH	​	​	​	​	​	​	​	​	​
Cash provided by operating activities	​	$	125	​	$	78	​	​	​
Cash used by investing activities	​	$	(38)	​	$	(34)	​	​	​
Cash provided (used) by financing activities	​	$	(88)	​	$	(43)	​	​	​
SIX-MONTH	​	​	​	​	​	​	​	​	​
Cash provided by operating activities	​	$	250	​	$	143	​	​	​
Cash used by investing activities	​	$	(72)	​	$	(1,203)	​	​	​
Cash provided (used) by financing activities	​	$	(143)	​	$	1,082	​	​	​

​

1 As required by IFRS-IASB, this summarized financial information excludes inter-company eliminations.

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