Telus 2005 Annual Report Download - page 2

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FORWARD LOOKING STATEMENTS................................................................................................. 2
TELUS ......................................................................................................................................................... 2
OPERATIONS, ORGANIZATION AND CORPORATE DEVELOPMENTS ...................................5
EMPLOYEE RELATIONS ..................................................................................................................... 14
CAPITAL ASSETS AND GOODWILL ................................................................................................. 15
ALLIANCES ............................................................................................................................................. 17
LEGAL PROCEEDINGS ........................................................................................................................ 20
FOREIGN OWNERSHIP RESTRICTIONS......................................................................................... 22
REGULATION ......................................................................................................................................... 23
COMPETITION ....................................................................................................................................... 32
DIVIDENDS DECLARED....................................................................................................................... 35
CAPITAL STRUCTURE OF TELUS .................................................................................................... 35
RATINGS .................................................................................................................................................. 38
DIRECTORS AND OFFICERS .............................................................................................................. 39
MARKET FOR SECURITIES................................................................................................................ 43
INTERESTS OF EXPERTS .................................................................................................................... 44
AUDIT COMMITTEE............................................................................................................................. 44
MATERIAL CONTRACTS .................................................................................................................... 46
TRANSFER AGENTS AND REGISTRARS ......................................................................................... 47
ADDITIONAL INFORMATION............................................................................................................ 47
Exchange Rate Information
TELUS publishes its consolidated financial statements in Canadian dollars. In this annual information form, except
where otherwise indicated, all reference, to “dollars” or “$” are to Canadian dollars. The Bank of Canada noon spot
exchange rate on March 1, 2006 was Cdn. $1.1369= U.S. $1.00. The following table sets forth, for the fiscal years and
dates indicated, certain exchange rate information based on the noon spot rate:
December 31, 2003 ...........................................................................................................................................1.292
December 31, 2004 ...........................................................................................................................................1.2036
December 31, 2005 ...........................................................................................................................................1.1659