TELUS Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2006
Net Income	841	1,615	1,655	1,207	1,746	1,600	1,559	1,223	1,382	1,425	Upgrade
Depreciation & Amortization	4,069	3,452	3,216	3,012	2,577	2,267	2,169	2,047	1,909	1,834	Upgrade
Share-Based Compensation	117	122	139	27	-2	16	17	-2	-38	74	Upgrade
Other Operating Activities	-528	-378	-622	328	-394	175	202	-49	303	74	Upgrade
Operating Cash Flow	4,499	4,811	4,388	4,574	3,927	4,058	3,947	3,219	3,556	3,407	Upgrade
Operating Cash Flow Growth	-6.49%	9.64%	-4.07%	16.48%	-3.23%	2.81%	22.62%	-9.48%	4.37%	4.96%	Upgrade
Capital Expenditures	-3,211	-3,647	-5,316	-2,822	-3,894	-2,875	-3,081	-2,897	-4,570	-3,544	Upgrade
Acquisitions	-1,415	-1,552	-6	-3,219	-1,124	-264	-562	-17	-8	-99	Upgrade
Change in Investments	-132	-214	-148	-129	-33	0	0	0	0	0	Upgrade
Other Investing Activities	10	5	4	5	7	162	-	-9	101	-25	Upgrade
Investing Cash Flow	-4,748	-5,408	-5,466	-6,165	-5,044	-2,977	-3,643	-2,923	-4,477	-3,668	Upgrade
Dividends Paid	-1,315	-1,188	-1,045	-930	-1,149	-1,141	-1,082	-1,070	-992	-913	Upgrade
Share Issuance / Repurchase	-	0	1,300	1,495	0	0	0	-179	-628	-612	Upgrade
Debt Issued / Paid	1,531	2,205	-71	1,011	2,443	-44	865	883	2,719	1,523	Upgrade
Other Financing Activities	-77	-169	769	328	-56	9	-10	279	-15	-13	Upgrade
Financing Cash Flow	139	848	953	1,904	1,238	-1,176	-227	-87	1,084	-15	Upgrade
Net Cash Flow	-110	251	-125	313	121	-95	77	209	163	-276	Upgrade
Free Cash Flow	1,288	1,164	-928	1,752	33	1,183	866	322	-1,014	-137	Upgrade
Free Cash Flow Growth	10.65%	-	-	5209.09%	-97.21%	36.61%	168.94%	-	-	-	Upgrade
Free Cash Flow Margin	6.40%	6.32%	-5.38%	11.33%	0.23%	8.23%	6.46%	2.52%	-8.11%	-1.14%	Upgrade
Free Cash Flow Per Share	0.89	0.83	-0.69	1.37	0.03	0.99	0.73	0.27	-0.84	-0.11	Upgrade

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