| Income Statement for Telus Corp. (T:CA) | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 9,074 | 8,681 | 8,143 | 7,581 | 7,146 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (3,044) | (2,690) | (2,652) | (2,407) | (4,302) | | Gross Operating Profit | 6,030 | 5,991 | 5,491 | 5,174 | 2,844 | | | Selling/General/Admin Expense | (2,416) | (2,281) | (2,141) | (2,031) | - | | Research & Development | - | - | - | - | - | | EBITDA | 3,614 | 3,710 | 3,350 | 3,143 | 2,844 | | Depreciation & Amortization | (1,619) | (1,627) | (1,625) | (1,643) | (1,653) | | EBIT | 1,995 | 2,082 | 1,726 | 1,500 | 1,191 | | Interest Income | - | - | - | - | - | | Other Income, Net | (36) | (28) | (18) | (9) | (23) | | Total Income Avail For Interest Expense | 1,938 | 1,987 | 1,653 | 1,439 | 1,140 | | Interest Expense | (440) | (505) | (623) | (613) | (628) | | Pre-Tax Income | 1,498 | 1,482 | 1,030 | 826 | 512 | | Income Taxes | (234) | (351) | (322) | (255) | (177) | | Minority Interest | (7) | (8) | (8) | (5) | (3) | | Net Income from Continuing Operations | 1,258 | 1,122 | 700 | 566 | 332 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 1,258 | 1,122 | 700 | 566 | 332 | | | Normalized Income | 1,278 | 1,190 | 754 | 618 | 360 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (20) | (68) | (54) | (53) | (28) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 1,258 | 1,122 | 700 | 566 | 332 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.50 | 0.86 | 0.80 | 0.56 | 0.80 | | Preferred Dividends | - | - | - | 2 | 4 | | | Basic EPS from Continuing Operations | 3.79 | 3.27 | 1.96 | 1.58 | 0.92 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 3.79 | 3.27 | 1.96 | 1.58 | 0.92 | | | Diluted EPS from Continuing Operations | 3.76 | 3.23 | 1.94 | 1.57 | 0.91 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 3.76 | 3.23 | 1.94 | 1.57 | 0.91 | | | |