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owners' equity (Tables)

12 Months Ended

Dec. 31, 2024

owners' equity

Schedule of authorized share capital

​

​	​	​	​	​	​	​
As at December 31		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 interests and amounts

​

​	​	​	​	​	​	​	​	​	​
​		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 2	​	—		(1.4)		—		(0.2)	​
TELUS Corporation acquisition of shares from non-controlling interests 3	​	2.0		0.9		0.3		1.2	​
Share-based compensation and other	​	(0.4)		(0.1)		—		—	​
Non-controlling interests conversion of multiple voting shares to subordinate voting shares	​	—	​	—	​	1.3	​	12.0	​
Interest in TELUS International (Cda) Inc., end of period	​	57.6	%	56.0	%	87.0	%	85.4	%

​

1 Our economic and voting interests differ due to the voting rights associated with the multiple voting shares held by TELUS Corporation.

2 Shares issued to non-controlling interests as WillowTree acquisition consideration for $171 million, of which $61 million was credited to contributed surplus in owners’ equity and the balance was credited to non-controlling interests.

3 Acquisition of shares from non-controlling interests for cash of $25 million (2023 – $57 million), of which $30 million was credited (2023 – $32 million was charged) to contributed surplus in owners’ equity and the balance was charged to non-controlling interests.

Schedule of summarized financial information of Subsidiary

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​	​	​	​	​	​	​
As at, or for the years ended, December 31 ($ in millions) 1		2024			2023
Statement of financial position 1		​			​
Current assets	​	$	1,437	​	$	1,122
Non-current assets	​	$	5,493	​	$	5,395
Current liabilities	​	$	1,477	​	$	990
Non-current liabilities	​	$	2,639	​	$	2,829
Statement of income and other comprehensive income	​		​	​
Revenue and other income	​	$	3,724	​	$	3,682
Net income (loss)	​	$	(84)	​	$	72
Comprehensive income	​	$	85	​	$	14
Statement of cash flows	​	​	​	​	​	​
Cash provided by operating activities	​	$	537	​	$	492
Cash used by investing activities	​	$	(147)	​	$	(1,273)
Cash provided (used) by financing activities	​	$	(321)	​	$	780

​

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

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