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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
OPERATING REVENUES        
Service $ 4,342 $ 4,358 $ 8,671 $ 8,703
Equipment 558 576 1,095 1,156
Operating revenues (arising from contracts with customers) 4,900 4,934 9,766 9,859
Other income 74 12 140 51
Operating revenues and other income 4,974 4,946 9,906 9,910
OPERATING EXPENSES        
Goods and services purchased 1,825 1,790 3,635 3,593
Employee benefits expense 1,473 1,568 2,957 3,108
Depreciation 608 598 1,298 1,238
Amortization of intangible assets 386 408 759 790
Total 4,292 4,364 8,649 8,729
OPERATING INCOME 682 582 1,257 1,181
Financing costs 382 323 776 643
INCOME BEFORE INCOME TAXES 300 259 481 538
Income taxes 79 63 120 118
NET INCOME 221 196 361 420
Items that may subsequently be reclassified to income        
Change in unrealized fair value of derivatives designated as cash flow hedges (27) (16) 32 (35)
Foreign currency translation adjustment arising from translating financial statements of foreign operations 17 (66) 41 (35)
Total items that may subsequently be reclassified to income (10) (82) 73 (70)
Items never subsequently reclassified to income        
Change in measurement of investment financial assets (4) (2) (3) (8)
Employee defined benefit plan re-measurements 16 3 51 (1)
Total items never subsequently reclassified to income 12 1 48 (9)
Total 2 (81) 121 (79)
COMPREHENSIVE INCOME 223 115 482 341
NET INCOME ATTRIBUTABLE TO:        
Common Shares 228 200 355 417
Non-controlling interests (7) (4) 6 3
NET INCOME 221 196 361 420
COMPREHENSIVE INCOME ATTRIBUTABLE TO:        
Common Shares 220 144 446 355
Non-controlling interests 3 (29) 36 (14)
COMPREHENSIVE INCOME $ 223 $ 115 $ 482 $ 341
NET INCOME PER COMMON SHARE        
Basic $ 0.15 $ 0.14 $ 0.24 $ 0.29
Diluted $ 0.15 $ 0.14 $ 0.24 $ 0.29
TOTAL WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic 1,482 1,447 1,479 1,443
Diluted 1,486 1,452 1,483 1,447