Offer to purchase CLEARNET.pdf - About TELUS

TELUS CORPORATION
(FORMERLY BCT.TELUS COMMUNICATIONS INC.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31, 1999
13. LONG-TERM DEBT (Continued)
(g) Long-term Debt Maturities
Anticipated requirements to meet long-term debt repayments and sinking fund provisions, excluding capital
lease maturities, during each of the next five years from December 31, 1999 are as follows:
(millions)
2000 ............................................. $314.9
2001 ............................................. 339.8
2002 ............................................. 1.0
2003 ............................................. —
2004 ............................................. 400.0
Of the long-term debt repayment in 2000, $105.4 million is expected to be met by sinking fund assets.
14. SHAREHOLDERS’ EQUITY
(a) Details of Shareholders’ Equity
1999 1998
(millions)
Common equity
Voting shares ................................................. $2,080.0 $2,077.6
Non-voting shares .............................................. 693.1 692.5
Retained earnings .............................................. 1,457.5 1,495.9
Contributed surplus ............................................. 7.4 7.3
$4,238.0 $4,273.3
TELUS Communications (B.C.) Inc. Preference and Preferred, Cumulative
Par Redemption
No. of Shares Value Premium
8,090 $6.00 Preference $100 10.0% $ .8 $ .8
53,000 $4.375 Preferred $100 4.0% 5.3 5.3
47,500 $4.50 Preferred $100 4.0% 4.8 4.8
71,250 $4.75 Preferred $100 5.0% 7.1 7.1
71,250 $4.75 Preferred (’56) $100 4.0% 7.1 7.1
114,700 $5.15 Preferred $100 5.0% 11.5 11.5
96,400 $5.75 Preferred $100 4.0% 9.6 9.6
42,750 $6.00 Preferred $100 5.0% 4.3 4.3
768,400 $1.21 Preferred $ 25 4.0% 19.2 19.2
69.7 69.7
Total Equity ............................................ $4,307.7 $4,343.0
(b) Authorized Capital
BCT.TELUS Communications Inc. is authorized to issue an unlimited number of common voting shares,
common non-voting shares, first preferred shares and second preferred shares.
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