TELUS Corporation (TU)

TELUS Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	841	1,615	1,655	1,207	1,746
Depreciation & Amortization	4,069	3,452	3,216	3,012	2,577
Share-Based Compensation	117	122	139	27	-2
Other Operating Activities	-528	-378	-622	328	-394
Operating Cash Flow	4,499	4,811	4,388	4,574	3,927
Operating Cash Flow Growth	-6.49%	9.64%	-4.07%	16.48%	-3.23%
Capital Expenditures	-3,211	-3,647	-5,316	-2,822	-3,894
Acquisitions	-1,415	-1,552	-6	-3,219	-1,124
Change in Investments	-132	-214	-148	-129	-33
Other Investing Activities	10	5	4	5	7
Investing Cash Flow	-4,748	-5,408	-5,466	-6,165	-5,044
Dividends Paid	-1,315	-1,188	-1,045	-930	-1,149
Share Issuance / Repurchase	-	0	1,300	1,495	0
Debt Issued / Paid	1,531	2,205	-71	1,011	2,443
Other Financing Activities	-77	-169	769	328	-56
Financing Cash Flow	139	848	953	1,904	1,238
Net Cash Flow	-110	251	-125	313	121
Free Cash Flow	1,288	1,164	-928	1,752	33
Free Cash Flow Growth	10.65%	-	-	5209.09%	-97.21%
Free Cash Flow Margin	6.40%	6.32%	-5.38%	11.33%	0.23%
Free Cash Flow Per Share	0.89	0.83	-0.69	1.37	0.03

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).