EX-99.6 8 d899242dex996.htm BELL CANADA UNAUDITED SELECTED SUMMARY FINANCIAL INFORMATION BELL CANADA UNAUDITED SELECTED SUMMARY FINANCIAL INFORMATION

Exhibit 99.6

NOTICE OF RELIANCE

SECTION 13.4 OF NATIONAL INSTRUMENT 51-102

CONTINUOUS DISCLOSURE OBLIGATIONS

 

To:

Alberta Securities Commission

 

British Columbia Securities Commission

 

Manitoba Securities Commission

 

Financial and Consumer Services Commission, New Brunswick

 

Office of the Superintendent of Securities, Newfoundland and Labrador

 

Nova Scotia Securities Commission

 

Ontario Securities Commission

 

Department of Justice and Public Safety, Financial and Consumer Services Division, Prince Edward Island

 

Autorité des marchés financiers

 

Financial and Consumer Affairs Authority of Saskatchewan

 

Toronto Stock Exchange

Notice is hereby given that Bell Canada relies on the continuous disclosure documents filed by BCE Inc. pursuant to the exemption from the requirements of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”) provided in Section 13.4 of NI 51-102.

The continuous disclosure documents of BCE Inc. can be found for viewing in electronic format at www.sedarplus.ca.

Attached to this notice and forming part thereof is the consolidating summary financial information for BCE Inc. as required by Section 13.4 of NI 51-102.

Dated: March 7, 2025

 

BELL CANADA
By:   (signed) Thierry Chaumont
Name:   Thierry Chaumont
Title:   Senior Vice-President,
  Controller and Tax

 

LOGO

 BELL CANADA

UNAUDITED SELECTED SUMMARY FINANCIAL INFORMATION (1)

For the periods ended December 31, 2024 and 2023

(in millions of Canadian dollars)

BCE Inc. fully and unconditionally guarantees the payment obligations of its 100% owned subsidiary Bell Canada under the public debt issued by Bell Canada. Accordingly, the following summary financial information is provided by Bell Canada in compliance with the requirements of section 13.4 of National Instrument 51-102 (Continuous Disclosure Obligations) providing for an exemption for certain credit support issuers. The tables below contain selected summary financial information for (i) BCE Inc. (as credit supporter), (ii) Bell Canada (as credit support issuer) on a consolidated basis, (iii) BCE Inc.’s subsidiaries, other than Bell Canada, on a combined basis, (iv) consolidating adjustments, and (v) BCE Inc. and all of its subsidiaries on a consolidated basis, in each case for the periods indicated. Such summary financial information for BCE Inc. and Bell Canada and all other subsidiaries is intended to provide investors with meaningful and comparable financial information about BCE Inc. and its subsidiaries. This summary financial information should be read in conjunction with BCE Inc.’s audited consolidated financial statements for the year ended December 31, 2024.

For the periods ended December 31:

 

         
      BCE INC.
(“CREDIT SUPPORTER”) (2)		      BELL CANADA CONSOLIDATED
(“CREDIT SUPPORT ISSUER”)		      SUBSIDIARIES OF BCE INC.
OTHER THAN BELL CANADA  (3)		      CONSOLIDATING
ADJUSTMENTS (4)		      BCE INC.
CONSOLIDATED		  
       2024        2023        2024        2023        2024        2023        2024        2023        2024        2023  

Operating revenues

      —        —        24,409        24,673        —        —        —        —        24,409        24,673  

Net earnings from continuing operations attributable to owners

      344        2,263        996        2,858        162        157        (1,158)        (3,015)        344        2,263  

Net earnings attributable to owners

      344        2,263        996        2,858        162        157        (1,158)        (3,015)        344        2,263  

As at December 31, 2024 and December 31, 2023, respectively:

 

         
      BCE INC.
(“CREDIT SUPPORTER”) (2)		      BELL CANADA CONSOLIDATED
(“CREDIT SUPPORT ISSUER”)		      SUBSIDIARIES OF BCE INC.
OTHER THAN BELL CANADA  (3)		      CONSOLIDATING
ADJUSTMENTS (4)		      BCE INC.
CONSOLIDATED		  
      

 Dec. 31,

2024

  

 

     
 Dec. 31,
2023		  
 		     
 Dec. 31,
2024		  
 		     
 Dec. 31,
2023		  
 		     
 Dec. 31,
2024		  
 		     
 Dec. 31,
2023		  
 		     
 Dec. 31,
2024		  
 		     
 Dec. 31,
2023		  
 		     
 Dec. 31,
2024		  
 		     
 Dec. 31,
2023		  
 

Total Current Assets

      711        772        12,409        10,472        146        646        (4,343)        (3,992)        8,923        7,898  

Total Non-current Assets

      21,495        23,307        57,915        57,655        21        21        (14,869)        (16,941)        64,562        64,042  

Total Current Liabilities

      5,022        3,521        14,086        12,496        81        81        (4,343)        (3,991)        14,846        12,107  

Total Non-current Liabilities

      113        329        40,603        38,378        —        —        563        569        41,279        39,276  

 

(1)

The summary financial information is prepared in accordance with IFRS® Accounting Standards and is in accordance with generally accepted accounting principles issued by the Canadian Accounting Standards Board for publicly-accountable enterprises.

(2)

This column accounts for investments in all subsidiaries of BCE Inc. under the equity method.

(3)

This column accounts for investments in all subsidiaries of BCE Inc. (other than Bell Canada) on a consolidated basis.

(4)

This column includes the necessary amounts to eliminate the intercompany balances between BCE Inc., Bell Canada and other subsidiaries and other adjustments to arrive at the information for BCE Inc. on a consolidated basis.