v3.25.4
INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Interests in Other Entities [Abstract]  
Disclosure of investments
As at December 31
(In millions of dollars) 20252024
 
Investments in private companies, measured at FVTOCI
212 128 
Investments, associates and joint ventures 1,079 487 
 
Total investments 1,291 615 
Disclosure of interests in joint ventures
Below is a summary of financial information pertaining to our significant associates and joint ventures and our portions thereof.
As at or years ended December 31
(In millions of dollars) 20252024
Current assets599 749 
Long-term assets2,332 3,584 
Current liabilities(486)(1,234)
Long-term liabilities (307)(3,395)
Total net assets 2,138 (296)
Our share of net assets 1,060 (99)
Revenue2,837 2,731 
Expenses (2,719)(3,473)
Net income (loss) 118 (742)
Our share of net income (loss) 1
 50 (376)
1    MLSE activity is included prior to July 1, 2025 when the MLSE Transaction closed and activity related to MLSE's associates is included from July 1, 2025.
Disclosure of interests in associates
Below is a summary of financial information pertaining to our significant associates and joint ventures and our portions thereof.
As at or years ended December 31
(In millions of dollars) 20252024
Current assets599 749 
Long-term assets2,332 3,584 
Current liabilities(486)(1,234)
Long-term liabilities (307)(3,395)
Total net assets 2,138 (296)
Our share of net assets 1,060 (99)
Revenue2,837 2,731 
Expenses (2,719)(3,473)
Net income (loss) 118 (742)
Our share of net income (loss) 1
 50 (376)
1    MLSE activity is included prior to July 1, 2025 when the MLSE Transaction closed and activity related to MLSE's associates is included from July 1, 2025.