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condensed interim consolidated statements of income and other comprehensive income - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES        
Service $ 4,358 $ 3,857 $ 8,703 $ 7,622
Equipment 576 516 1,156 1,007
Operating revenues (arising from contracts with customers) 4,934 4,373 9,859 8,629
Other income 12 28 51 54
Operating revenues and other income 4,946 4,401 9,910 8,683
OPERATING EXPENSES        
Goods and services purchased 1,790 1,637 3,593 3,231
Employee benefits expense 1,568 1,171 3,108 2,290
Depreciation 598 536 1,238 1,087
Amortization of intangible assets 408 295 790 586
Total 4,364 3,639 8,729 7,194
OPERATING INCOME 582 762 1,181 1,489
Financing costs 323 97 643 276
INCOME BEFORE INCOME TAXES 259 665 538 1,213
Income taxes 63 167 118 311
NET INCOME 196 498 420 902
Items that may subsequently be reclassified to income        
Change in unrealized fair value of derivatives designated as cash flow hedges (16) 13 (35) 102
Foreign currency translation adjustment arising from translating financial statements of foreign operations (66) (21) (35) (88)
Total items that may subsequently be reclassified to income (82) (8) (70) 14
Items never subsequently reclassified to income        
Change in measurement of investment financial assets (2) (4) (8) 1
Employee defined benefit plan re-measurements 3 138 (1) 297
Total items never subsequently reclassified to income 1 134 (9) 298
Total (81) 126 (79) 312
COMPREHENSIVE INCOME 115 624 341 1,214
NET INCOME ATTRIBUTABLE TO:        
Common Shares 200 468 417 853
Non-controlling interests (4) 30 3 49
NET INCOME 196 498 420 902
COMPREHENSIVE INCOME ATTRIBUTABLE TO:        
Common Shares 144 591 355 1,182
Non-controlling interests (29) 33 (14) 32
COMPREHENSIVE INCOME $ 115 $ 624 $ 341 $ 1,214
NET INCOME PER COMMON SHARE        
Basic $ 0.14 $ 0.34 $ 0.29 $ 0.62
Diluted $ 0.14 $ 0.34 $ 0.29 $ 0.62
TOTAL WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic 1,447 1,381 1,443 1,378
Diluted 1,452 1,387 1,447 1,384