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segment information (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of reconciliation of revenue and income before income taxes by segment


	TELUS technology solutions												TELUS digital
	Mobile				Fixed				Segment total				experience ¹				Eliminations				Total
Years ended December 31 (millions)	2024		2023		2024		2023		2024		2023		2024		2023		2024		2023		2024		2023
Operating revenues
External revenues
Service	$	7,099	$	7,059	$	7,757	$	7,550	$	14,856	$	14,609	$	2,732	$	2,899	$	—	$	—	$	17,588	$	17,508
Equipment		2,256		2,158		295		339		2,551		2,497		—		—		—		—		2,551		2,497
Revenues arising from contracts with customers	$	9,355	$	9,217	$	8,052	$	7,889		17,407		17,106		2,732		2,899		—		—		20,139		20,005
Other income (Note 7)										164		84		83		27		—		—		247		111
										17,571		17,190		2,815		2,926		—		—		20,386		20,116
Intersegment revenues										12		15		909		756		(921)		(771)		—		—
									$	17,583	$	17,205	$	3,724	$	3,682	$	(921)	$	(771)	$	20,386	$	20,116
EBITDA ²									$	6,292	$	5,722	$	598	$	709	$	(50)	$	—	$	6,840	$	6,431
Restructuring and other costs included in EBITDA (Note 16)										432		653		61		65		—		—		493		718
Adjusted EBITDA ²									$	6,724	$	6,375	$	659	$	774	$	(50)	$	—	$	7,333	$	7,149
Capital expenditures ³									$	2,540	$	2,697	$	143	$	125	$	(48)	$	—	$	2,635	$	2,822
Adjusted EBITDA less capital expenditures ²									$	4,184	$	3,678	$	516	$	649	$	(2)	$	—	$	4,698	$	4,327
Operating revenues – external and other income (above)									$	17,583	$	17,205	$	3,724	$	3,682	$	(921)	$	(771)	$	20,386	$	20,116
Goods and services purchased										7,813		7,649		693		659		(867)		(771)		7,639		7,537
Employee benefits expense										3,478		3,834		2,433		2,314		(4)		—		5,907		6,148
EBITDA (above)									$	6,292	$	5,722	$	598	$	709	$	(50)	$	—		6,840		6,431

																	Depreciation					2,513		2,514
																	Amortization of intangible assets					1,523		1,555
																	Operating income					2,804		2,362
																	Financing costs					1,576		1,273
																	Income before income taxes				$	1,228	$	1,089

1	The TELUS digital experience segment (formerly the digitally-led customer experiences – TELUS International segment) is comprised of our consolidated TELUS International (Cda) Inc. subsidiary. All of our other international operations are included in the TELUS technology solutions segment.

Earnings before interest, income taxes, depreciation and amortization (EBITDA), both unadjusted and adjusted, are not standardized financial measures under IFRS Accounting Standards and may not be comparable to similar measures disclosed by other issuers (including those disclosed by TELUS International (Cda) Inc.); we define EBITDA as operating revenues and other income less goods and services purchased and employee benefits expense. We calculate adjusted EBITDA to exclude items that do not reflect our ongoing operations and, in our opinion, should not be considered in a long-term valuation metric or included in an assessment of our ability to service or incur debt. We report EBITDA, adjusted EBITDA and adjusted EBITDA less capital expenditures because they are key measures that management uses to evaluate the performance of our business, and EBITDA is also utilized in determining compliance with certain debt covenants.

3	See Note 31(a) for a reconciliation of capital asset additions, excluding spectrum licences, to cash payments for capital assets, excluding spectrum licences, reported in the Consolidated statements of cash flows.