TELUS Corporation (TU)

TELUS Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,164	864	974	723	848	535
Trading Asset Securities	8	18	27	2	2	1
Cash & Short-Term Investments	2,172	882	1,001	725	850	536
Cash Growth	147.66%	-11.89%	38.07%	-14.71%	58.58%	29.16%
Receivables	4,044	4,247	3,881	3,327	2,942	2,826
Inventory	539	484	537	448	407	437
Prepaid Expenses	514	385	352	288	247	298
Other Current Assets	330	315	321	244	231	256
Total Current Assets	7,599	6,313	6,092	5,032	4,677	4,353
Property, Plant & Equipment	17,177	17,248	17,084	15,926	15,014	14,232
Long-Term Investments	887	826	609	497	306	113
Goodwill	10,175	10,058	9,131	7,270	7,160	5,307
Other Intangible Assets	19,670	19,721	19,239	17,485	15,048	12,846
Long-Term Accounts Receivable	973	940	891	844	629	553
Long-Term Deferred Tax Assets	38	38	19	35	11	-
Long-Term Deferred Charges	234	218	154	109	103	109
Other Long-Term Assets	761	680	736	671	211	368
Total Assets	57,608	56,136	54,069	47,983	43,273	37,985
Accounts Payable	964	996	1,382	1,213	855	892
Accrued Expenses	2,274	2,610	2,570	2,492	2,116	1,857
Short-Term Debt	104	104	104	114	100	100
Current Portion of Long-Term Debt	4,916	3,454	2,555	2,443	905	976
Current Portion of Leases	-	558	-	504	538	373
Current Income Taxes Payable	143	126	112	104	122	55
Current Unearned Revenue	778	736	679	652	592	545
Other Current Liabilities	901	894	884	751	677	776
Total Current Liabilities	10,080	9,478	8,286	8,273	5,905	5,574
Long-Term Debt	21,915	21,490	20,180	16,626	17,712	15,880
Long-Term Leases	2,583	2,056	2,340	1,372	1,299	1,288
Long-Term Unearned Revenue	147	90	90	93	76	90
Long-Term Deferred Tax Liabilities	4,345	4,390	4,455	4,045	3,718	3,214
Other Long-Term Liabilities	814	801	600	806	1,005	647
Total Liabilities	40,375	38,834	36,411	31,924	30,705	27,326
Common Stock	12,522	12,324	11,399	9,644	7,677	5,660
Additional Paid-In Capital	1,023	997	956	1,013	534	398
Retained Earnings	2,443	2,835	4,104	4,256	3,712	4,371
Comprensive Income & Other	20	-44	110	203	117	119
Total Common Equity	16,008	16,112	16,569	15,116	12,040	10,548
Minority Interest	1,225	1,190	1,089	943	528	111
Shareholders' Equity	17,233	17,302	17,658	16,059	12,568	10,659
Total Liabilities & Equity	57,608	56,136	54,069	47,983	43,273	37,985
Total Debt	29,518	27,662	25,179	21,059	20,554	18,617
Net Cash (Debt)	-27,346	-26,780	-24,178	-20,334	-19,704	-18,081
Net Cash Per Share	-18.65	-18.38	-17.23	-15.05	-15.42	-15.02
Filing Date Shares Outstanding	1,482	1,476	1,438	1,370	1,291	1,214
Total Common Shares Outstanding	1,476	1,468	1,431	1,370	1,291	1,210
Working Capital	-2,481	-3,165	-2,194	-3,241	-1,228	-1,221
Book Value Per Share	10.85	10.98	11.58	11.03	9.32	8.72
Tangible Book Value	-13,837	-13,667	-11,801	-9,639	-10,168	-7,605
Tangible Book Value Per Share	-9.37	-9.31	-8.25	-7.03	-7.87	-6.29
Land	84	83	83	75	54	48
Buildings	3,779	3,830	3,746	3,537	3,428	3,314
Machinery	1,822	1,842	1,772	1,525	-	-
Construction In Progress	793	689	815	771	640	421

Source: S&P Capital IQ. Standard template.