2010 scorecard
Our performance
At TELUS, we believe in setting annual financial targets to provide clarity for investors and help drive organizational performance. This scorecard shows TELUS' 2010 performance against our original consolidated targets.
The achievement of three out of four targets reflects strong wireless performance and the realization of benefits from our strategic investments in broadband networks and operating efficiency in recent years. Revenues were lower than expected, reflecting a shortfall from wireline sales growth and ongoing erosion in legacy voice services.
For further information, see Section 1.4 of Management's discussion and analysis in this report.
| Consolidated | 2010 results | 2010 original targets | Result | |
|---|---|---|---|---|
| Revenues | $9.779 billion | $9.8 to $10.1 billion |  |
|
| EBITDA | $3.643 billion | $3.5 to $3.7 billion |  |
|
| Earnings per share (EPS) - basic1 | $3.23 | $2.90 to $3.30 | |
|
| Capital expenditures | $1.721 billion | $1.7 billion approximately | |
Met target
Did not meet target
1. Includes nine cents per share of positive income tax-related adjustments offset by 12 cents per share for a loss on early partial redemption of long-term debt, neither of which were contemplated in setting 2010 targets.