owners' equity (Tables)

6 Months Ended

Jun. 30, 2024

owners' equity

Schedule of authorized share capital

	June 30,		December 31,
As at	2024		2023
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
	2024		2023		2024		2023
Interest in TELUS International (Cda) Inc., beginning of period	56.0	%	56.6	%	85.4	%	72.4	%
Effect of
Issue of TELUS International (Cda) Inc. subordinate voting shares as consideration in business acquisition	—		(1.4)		—		(0.2)
TELUS Corporation acquisition of shares from non-controlling interests 2	—		0.9		—		1.2
Share-based compensation and other	(0.2)		—		—		—
Non-controlling interests conversion of multiple voting shares to subordinate voting shares	—		—		1.3		—
Interest in TELUS International (Cda) Inc., end of period	55.8	%	56.1	%	86.7	%	73.4	%

1 Due to the voting rights associated with the multiple voting shares held by TELUS Corporation, our economic and voting interests differ.

2 Acquisition of shares from non-controlling interests of $NIL (2023 – $57 million), of which $NIL (2023 – $32 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

	June 30,		June 30,		December 31,
As at, or for the periods ended, ($ in millions) 1	2024		2023		2023
Statement of financial position 1
Current assets	$	1,265			$	1,122
Non-current assets	$	5,424			$	5,395
Current liabilities	$	1,172			$	990
Non-current liabilities	$	2,702			$	2,829
Statement of income and other comprehensive income
THREE-MONTH
Revenue and other income	$	936	$	896
Net income (loss)	$	(5)	$	(8)
Comprehensive income (loss)	$	19	$	(67)
SIX-MONTH
Revenue and other income	$	1,860	$	1,824
Net income	$	33	$	10
Comprehensive income (loss)	$	102	$	(31)
Statement of cash flows
THREE-MONTH
Cash provided by operating activities	$	125	$	78
Cash used by investing activities	$	(38)	$	(34)
Cash provided (used) by financing activities	$	(88)	$	(43)
SIX-MONTH
Cash provided by operating activities	$	250	$	143
Cash used by investing activities	$	(72)	$	(1,203)
Cash provided (used) by financing activities	$	(143)	$	1,082

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