TELUS CORP
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2024 · Filed Feb 13, 2025
Contents
EX-99.4 · Direct contribution – TTech segment
Direct contribution – TTech segment
| · · · · · · · · · · · · · · · · · · · | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| · · Mobile products and services · · Fixed products and services1 · · Total TTech | ||||||||||
| Years ended December 31 ($in millions) · 2024 · 2023 · Change · 2024 · 2023 · Change · 2024 · 2023 · Change | ||||||||||
| Revenues · · · · · · · · · · · · · · · · · · | ||||||||||
| Service | 7,099 | 7,059 | 0.6% | 7,757 | 7,550 | 2.7% | 14,856 | 14,609 | 1.7% | |
| Equipment | 2,256 | 2,158 | 4.5% | 295 | 339 | (13.0)% | 2,551 | 2,497 | 2.2% | |
| Operating revenues (arising from contracts with customers) | 9,355 | 9,217 | 1.5% | 8,052 | 7,889 | 2.1% | 17,407 | 17,106 | 1.8% | |
| Expenses | | | | |||||||
| Direct expenses | 3,109 | 2,911 | 6.8% | 2,685 | 2,682 | 0.1% | 5,794 | 5,593 | 3.6% | |
| Direct contribution | 6,246 | 6,306 | (1.0)% | 5,367 | 5,207 | 3.1% | 11,613 | 11,513 | 0.9% | |
| 1 | Includes health services and agriculture and consumer goods services. |
The direct expenses included in the direct contribution calculations in the preceding table represent components of the Goods and services purchased and Employee benefits expense totals included in the table below and have been calculated in accordance with the accounting policies used to prepare the totals presented in the financial statements. TTech direct contribution increased by $100 million or 0.9% in 2024.
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