Telus 2006 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2006 Telus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 49

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49

FORWARD LOOKING STATEMENTS.................................................................................................. 2
TELUS ......................................................................................................................................................... 2
OPERATIONS, ORGANIZATION AND CORPORATE DEVELOPMENTS..................................... 5
EMPLOYEE RELATIONS ...................................................................................................................... 13
CAPITAL ASSETS AND GOODWILL ................................................................................................. 14
ALLIANCES.............................................................................................................................................. 15
LEGAL PROCEEDINGS AND REGULATORY ACTIONS............................................................... 17
FOREIGN OWNERSHIP RESTRICTIONS.......................................................................................... 19
REGULATION .......................................................................................................................................... 20
COMPETITION......................................................................................................................................... 26
DIVIDENDS DECLARED ....................................................................................................................... 28
CAPITAL STRUCTURE OF TELUS..................................................................................................... 29
RATINGS .................................................................................................................................................. 31
DIRECTORS AND OFFICERS.............................................................................................................. 34
MARKET FOR SECURITIES................................................................................................................. 37
INTERESTS OF EXPERTS.................................................................................................................... 38
AUDIT COMMITTEE ............................................................................................................................... 38
MATERIAL CONTRACTS...................................................................................................................... 40
TRANSFER AGENTS AND REGISTRARS ........................................................................................ 40
ADDITIONAL INFORMATION............................................................................................................... 41
Appendix A: Terms of Reference for the Audit Committee ....................................................... 42
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 9, 2007 was Cdn. $1.1712= 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, 2004 ..........................................................................................................................1.2036
December 31, 2005 ..........................................................................................................................1.1659
December 29, 2006 ..........................................................................................................................1.1653