TELUS Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-965	777	938	867	1,718	1,698
Depreciation & Amortization	4,076	4,059	4,036	4,069	3,452	3,216
Stock-Based Compensation	148	144	151	117	122	139
Other Adjustments	1,593	-9	-299	-2	-48	-393
Changes in Income Taxes Payable	-143	-	-	-	-	-
Changes in Other Operating Activities	305	-105	21	-552	-433	-272
Operating Cash Flow	5,015	4,866	4,847	4,499	4,811	4,388
Operating Cash Flow Growth	5.54%	0.39%	7.74%	-6.49%	9.64%	-4.07%
Capital Expenditures	-2,617	-2,515	-2,750	-3,182	-3,647	-3,097
Sale of Property, Plant & Equipment	50	114	21	12	16	508
Purchases of Intangible Assets	-373	-	-637	-29	-	-2,219
Purchases of Investments	-4	-3	-18	-138	-21	-46
Proceeds from Sale of Investments	6	1	109	10	5	4
Cash Acquisitions	-70	-531	-359	-1,289	-1,547	-468
Other Investing Activities	-153	-106	-66	-132	-214	-148
Investing Cash Flow	-3,161	-3,040	-3,700	-4,748	-5,408	-5,466
Long-Term Debt Issued	7,352	12,773	6,455	9,223	10,271	4,891
Long-Term Debt Repaid	-10,548	-11,631	-6,818	-7,690	-8,049	-4,972
Net Long-Term Debt Issued (Repaid)	-3,196	1,142	-363	1,533	2,222	-81
Issuance of Common Stock	-	-	-	-	-	1,300
Repurchase of Common Stock	-	-40	-	-	-	-
Net Common Stock Issued (Repurchased)	-	-40	-	-	-	1,300
Common Dividends Paid	-1,685	-1,628	-1,562	-1,315	-1,188	-1,045
Other Financing Activities	772	452	783	-79	-186	779
Financing Cash Flow	-4,149	-74	-1,142	139	848	953
Net Cash Flow	-2,295	1,752	5	-110	251	-125
Free Cash Flow	2,398	2,351	2,097	1,317	1,164	1,291
Free Cash Flow Growth	7.63%	12.11%	59.23%	13.14%	-9.84%	-26.31%
FCF Margin	11.87%	11.56%	10.41%	6.58%	6.36%	7.67%
Free Cash Flow Per Share	1.56	1.53	1.40	0.90	0.83	0.96
Levered Free Cash Flow	-2,494	3,694	1,937	2,709	3,209	1,421
Unlevered Free Cash Flow	2,100	2,966	3,449	2,215	1,558	2,138

SEC Filings: 10-K · 10-Q