Telus 2010 Annual Report Download - page 30

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FINANCIAL
REVIEW
WHAT’S INSIDE
CFO letter to investors 27
corporate governance 30
financial and operating statistics
annual and quarterly consolidated financials 32
annual and quarterly operating statistics 34
annual and quarterly segmented statistics 36
management’s discussion and analysis
caution regarding forward-looking statements
38
1. introduction 40
2. core business and strategy 47
3. key performance drivers 48
4. capabilities 50
5. discussion of operations 55
6. changes in financial position 64
7. liquidity and capital resources 66
8. critical accounting estimates and
accounting policy developments 73
9. general outlook 88
10. risks and risk management 91
11. definitions and reconciliations 109
consolidated financial statements and notes
management’s reports 113
auditors’ reports 114
consolidated financial statements 116
notes to consolidated financial statements 121
additional investor resources
glossary 170
investor information 172
telus.com/investors 177