XML 140 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
segment information (Tables)
 12 Months Ended
Dec. 31, 2019
segment information  
Reconciliation of revenue and income before income taxes by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wireless

 

Wireline

 

Eliminations

 

Consolidated

Years ended December 31 (millions)

    

2019

    

2018

    

2019

    

2018

    

2019

    

2018

    

2019

    

2018

Operating revenues

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

External revenues

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Service 

 

$

6,165

 

$

6,054

 

$

6,235

 

$

5,828

 

$

—

 

$

—

 

$

12,400

 

$

11,882

Equipment

 

 

1,964

 

 

1,963

 

 

225

 

 

250

 

 

—

 

 

—

 

 

2,189

 

 

2,213

Revenues arising from contracts with customers

 

 

8,129

 

 

8,017

 

 

6,460

 

 

6,078

 

 

—

 

 

—

 

 

14,589

 

 

14,095

Other operating income

 

 

20

 

 

118

 

 

49

 

 

155

 

 

—

 

 

—

 

 

69

 

 

273

 

 

 

8,149

 

 

8,135

 

 

6,509

 

 

6,233

 

 

—

 

 

—

 

 

14,658

 

 

14,368

Intersegment revenues

 

 

53

 

 

47

 

 

251

 

 

207

 

 

(304)

 

 

(254)

 

 

—

 

 

—

 

 

$

8,202

 

$

8,182

 

$

6,760

 

$

6,440

 

$

(304)

 

$

(254)

 

$

14,658

 

$

14,368

Pro forma EBITDA 1  reported to chief operating decision-maker

 

$

3,693

 

$

3,544

 

$

1,861

 

$

1,785

 

$

—

 

$

—

 

$

5,554

 

$

5,329

Retrospective IFRS 16 simulation 2

 

 

—

 

 

(113)

 

 

—

 

 

(112)

 

 

—

 

 

—

 

 

—

 

 

(225)

EBITDA 1

 

$

3,693

 

$

3,431

 

$

1,861

 

$

1,673

 

$

—

 

$

—

 

$

5,554

 

$

5,104

CAPEX, excluding spectrum licences 3

 

$

889

 

$

896

 

$

2,017

 

$

2,018

 

$

—

 

$

—

 

$

2,906

 

$

2,914

 

 

 

 

 

 

 

 

Operating revenues – external (above)

    

$

14,658

    

$

14,368

Goods and services purchased

 

 

6,070

 

 

6,368

Employee benefits expense

 

 

3,034

 

 

2,896

EBITDA (above)

 

 

5,554

 

 

5,104

Depreciation

 

 

1,929

 

 

1,669

Amortization

 

 

648

 

 

598

Operating income

 

 

2,977

 

 

2,837

Financing costs

 

 

733

 

 

661

Income before income taxes

 

$

2,244

 

$

2,176

(1)

Earnings before interest, income taxes, depreciation and amortization (EBITDA) does not have any standardized meaning prescribed by IFRS-IASB and is therefore unlikely to be comparable to similar measures presented by other issuers; we define EBITDA as operating revenues less goods and services purchased and employee benefits expense. We have issued guidance on, and report, EBITDA because it is a key measure that management uses to evaluate the performance of our business, and it is also utilized in measuring compliance with certain debt covenants.

(2)

For purposes of the chief operating decision-maker’s assessment of performance during the 2019 fiscal year relative to the 2018 fiscal year, we have simulated IFRS 16 adjustments to the fiscal 2018 results in calculating pro forma results. The simulated IFRS 16 adjustments: (i) are a cash-based proxy and should not be considered comparable to the results that would have been reported had IFRS 16 been applied retrospectively to each comparative period applying IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors (see Note 2(a)); and (ii) do not have any standardized meaning prescribed by IFRS-IASB and are therefore unlikely to be comparable to similar measures presented by other issuers.

(3)

Total capital expenditures (CAPEX); see Note 31(a) for a reconciliation of capital expenditures, excluding spectrum licences to cash payments for capital assets, excluding spectrum licences reported in the Consolidated statements of cash flows.