Refer to the TELUS's financial statements in Appendix A at the end of this book. Focus on the fiscal year 2011.
Requirements
1. What was TELUS's main source of cash? Is this a positive result? What was TELUS's main use of cash? What sources of information contributed to your analysis?
2. Explain in detail the three main reasons why net cash from operations differs from net income.
3. There are two statements on which companies report declaration of dividends. Identify the two statements, review these statements, and determine what dividends TELUS paid shareholders in 2011.