v3.22.4
Additional financial information
12 Months Ended
Dec. 31, 2022
Additional financial information  
Additional financial information Additional financial information 
(a)Statements of income and other comprehensive income
For the years ended December 31, 2022 and 2021, three clients each accounted for more than 10% of our revenues, and for the year ended December 31, 2020, two clients each accounted for more than 10% of our revenues. TELUS Corporation, our controlling shareholder and largest client for the year ended December 31, 2022, accounted for approximately 17.3%, 16.1% and 19.6% of our revenue for the years ended December 31, 2022, 2021 and 2020, respectively. Our second largest client for the year ended December 31, 2022, a leading social media company, accounted for 15.0%, 17.7% and 15.6% of our revenue for the years ended December 31, 2022, 2021 and 2020, respectively. Our third largest client, Google, accounted for approximately 11.9%, 11.0% and 7.5% of our revenue for the years ended December 31, 2022, 2021 and 2020, respectively.
(b)Statements of financial position
As at December 31 (millions)Note20222021
Other long-term assets
Prepaid lease deposits and other$20 $26 
Other7 
$27 $33 
Accounts payable and accrued liabilities
Trade accounts payable$39 $79 
Accrued liabilities111 75 
Payroll and other employee-related liabilities129 144 
Share-based compensation liability1 22 
Other10 16 
$290 $336 
(c)Statements of cash flows—operating activities and investing activities
Years Ended December 31 (millions)202220212020
Net change in non-cash operating working capital
Accounts receivable$(26)$(124)$(30)
Due to and from affiliated companies, net17 36 (13)
Prepaid expenses6 (13)
Other long-term assets6 (4)
Accounts payable and accrued liabilities(27)56 42 
Income and other taxes receivable and payable, net(1)(10)(7)
Other long-term liabilities(1)(15)
$(26)$(69)$
Cash payments for capital assets
Capital asset additions
Capital expenditures
Property, plant and equipment, excluding right-of-use assets$(92)$(93)$(63)
Intangible assets(12)(8)(11)
(104)(101)(74)
Change in associated non-cash investing working capital(1)14 
$(105)$(99)$(60)
(d) Changes in liabilities arising from financing activities
Statements of cash flowsNon-cash changes
Year Ended December 31, 2022 (millions)Beginning
of year
Issued
or
received
Redemptions,
repayments
or payments
Foreign
exchange movement
OtherEnd of
year
Long-term debt
Credit facility$941 $411 $(610)$ $ $742 
Lease liabilities$215 $ $(72)$(7)$100 $236 
Deferred debt transaction costs$(8)$ $(8)$ $2 $(14)
$1,148 $411 $(690)$(7)$102 $964 
Statements of cash flowsNon-cash changes
Year Ended December 31, 2021 (millions)Beginning of yearIssued or
received
Redemptions,
repayments
or payments
Foreign exchange movementOtherEnd of
year
Long-term debt
Credit facility$1,568 $71 $(698)$— $— $941 
Lease liabilities209 — (67)(3)76 215 
Deferred debt transaction costs(11)— — — (8)
$1,766 $71 $(765)$(3)$79 $1,148 
Statements of cash flowsNon-cash changes
Year Ended December 31, 2020 (millions)Beginning
of year
Issued or
received
Redemptions,
repayments
or payments
Foreign exchange movementOtherEnd of
year
Long-term debt
Credit facility$336 $1,854 $(622)$— $— $1,568 
Other— — (138)— 138 — 
Lease liabilities189 — (59)12 67 209 
Deferred debt transaction costs(4)— — — (7)(11)
$521 $1,854 $(819)$12 $198 $1,766