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owners' equity (Tables)
6 Months Ended
Jun. 30, 2023
owners' equity  
Schedule of authorized share capital

June 30, 

December 31, 

As at

    

2023

    

2022

First Preferred Shares

 

1

billion  

1

billion

Second Preferred Shares

 

1

billion  

1

billion

Common Shares

 

4

billion  

4

billion

Schedule of changes in ownership interest

Economic interest 1

Voting interest 1

 

Six-month periods ended June 30

    

2023

    

2022

    

2023

    

2022

Interest in TELUS International (Cda) Inc., beginning of period

56.6

%

55.1

%

72.4

%

70.9

%

Effect of

Issue of subordinate voting shares as consideration in business acquisition (Note 18(b))

(1.4)

(0.2)

TELUS Corporation acquisition of shares from non-controlling interests 2

0.9

1.0

 

1.2

1.5

Interest in TELUS International (Cda) Inc., end of period

 

56.1

%

56.1

%

73.4

%

72.4

%

1Due to the voting rights associated with the multiple voting shares held by TELUS Corporation, our economic and voting interests subsequent to the initial public offering differ.
2Acquisition of shares from non-controlling interests for $57 million (2022 – $85 million), of which $32 million (2022 – $61 million) was charged to amounts recorded in owners’ equity for contributed surplus and the balance was charged to non-controlling interests.
Schedule of summarized financial information of Subsidiary

Three months

Six months

June 30, 

    

June 30, 

    

June 30, 

    

June 30, 

    

December 31, 

As at, or for the periods ended, (millions) 1

    

2023

    

2022

    

2023

    

2022

    

2022

Statement of financial position

  

    

  

    

  

    

  

    

  

Current assets

 

  

 

  

$

1,080

 

  

$

926

Non-current assets

 

  

 

  

$

5,486

 

  

$

3,875

Current liabilities

 

  

 

  

$

843

 

  

$

733

Non-current liabilities

 

  

 

  

$

3,076

 

  

$

1,581

Statement of income and other comprehensive income

 

  

 

  

 

  

 

  

 

  

Revenue and other income

$

896

$

797

$

1,824

$

1,556

 

  

Net income (loss)

$

(8)

$

70

$

10

$

115

 

  

Comprehensive income (loss)

$

(67)

$

75

$

(31)

$

77

 

  

Statement of cash flows

Cash provided by operating activities

$

78

$

108

$

143

$

261

Cash used by investing activities

$

(34)

$

(63)

$

(1,203)

$

(90)

Cash provided (used) by financing activities

$

(43)

$

(87)

$

1,082

$

(153)

1As required by IFRS-IASB, this summarized financial information excludes inter-company eliminations.