TELUS annual report remains world-class

TELUS' annual report ranked among top 10 in the world for eighth year in a row

VANCOUVER, Nov. 2, 2011 /CNW/ - TELUS today announced the company's 2010 annual report has been ranked the eighth best in the world across all industries, according to this year's Annual Report on Annual Reports 2011, a global survey of annual reports drawn from a sample of approximately 1,500 companies.

The Annual Report on Annual Reports 2011 judges evaluated 500 annual reports shortlisted from the wider selection of 1,500 publicly listed corporations. The comprehensive survey looks at 10 key evaluation criteria: packaging, highlights, strategy, business, financials, investors, governance, accounting, responsibility and communication.

"The TELUS report not only stands out in the telecom sector but also across the board because of the quality of its financial report," said Mike Guillaume, editor of the Annual Report on Annual Reports. "TELUS targets are set and highlighted, which a vast majority of annual reports dare not do, and then checked and reviewed. Capabilities are analyzed and changes in financial position are explained clearly. Once again, congratulations to the whole TELUS reporting team."

Mr. Guillaume also said TELUS' Business at a Glance section; straightforward messages from TELUS President and CEO Darren Entwistle and TELUS executive vice-president and Chief Financial Officer Robert McFarlane; risk management; governance; and the clarity in notes to statements are also strengths that set the TELUS annual report apart from the rest.

"TELUS is honoured to again be listed as having one of the best annual reports in world and we are equally pleased that TELUS is the only company that has been in the top ten for eight years," said Robert McFarlane, TELUS executive vice-president and Chief Financial Officer. "This acknowledgement underscores our commitment to continuous improvement of our financial, governance and corporate social responsibility reporting best practices."

The judges gave the TELUS 2010 annual report an 'A' rating. This year, only 12 Canadian companies made the top 300 and only one other Canadian company made the top 50.

To view the award-winning TELUS 2010 annual report, please visit www.telus.com/annualreport.

To view the detailed Annual Report on Annual Reports 2011, please visit http://www.reportwatch.net/annual-report-on-annual-reports-2011.

About TELUS
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $10.1 billion of annual revenue and 12.4 million customer connections including 7.1 million wireless subscribers, 3.7 million wireline network access lines and 1.2 million Internet subscribers and more than 400,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video.

In support of our philosophy to give where we live, TELUS, our team members and retirees will, by year-end 2011, have contributed $245 million to charitable and not-for-profit organizations and volunteered 4.1 million hours of service to local communities since 2000. Eleven TELUS Community Boards across Canada lead TELUS' local philanthropic initiatives. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.

For more information about TELUS, please visit www.telus.com.

SOURCE TELUS Corporation

For further information:

For media inquiries, please contact:
 
English:     French:
   
Chris Gerritsen     Amelie Cliche
TELUS Media Relations   Relations médiatiques de TELUS
(403) 530-4919     514-242-8870
chris.gerritsen@telus.com   amelie.cliche@telus.com

 

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