Form 40-F
falseFY0001075124Represents income from the recognition of a portion of the cumulative impact of equity transactions that were excluded from the Company’s investment in YPL.Represents the cumulative impact of equity transactions excluded from the Company’s investment in YPL. The year ended December 31, 2023 includes $12 million of benefits related to the reversal of accrued interest associated with the release of tax reserves (see note 10). 0001075124 2023-01-01 2023-12-31 0001075124 2022-01-01 2022-12-31 0001075124 2023-12-31 0001075124 2022-12-31 0001075124 2023-10-01 2023-10-01 0001075124 2021-12-31 0001075124 2023-11-30 0001075124 2023-06-30 2023-06-30 0001075124 tri:YorkParentLimitedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:EliminationOfIntersegmentAmountsMember 2022-01-01 2022-12-31 0001075124 tri:HMRCMember 2022-01-01 2022-12-31 0001075124 tri:LSEGMember 2022-01-01 2022-12-31 0001075124 ifrs-full:DiscontinuedOperationsMember 2022-01-01 2022-12-31 0001075124 tri:YplMember 2022-01-01 2022-12-31 0001075124 tri:OtherEquityMethodInvestmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:EliminationOfIntersegmentAmountsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:YPLFormerlyRHLMember 2022-01-01 2022-12-31 0001075124 tri:EliminationsOrRoundingMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2022-01-01 2022-12-31 0001075124 tri:EliminationsOrRoundingMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:RecurringMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:GlobalPrintMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember tri:GlobalPrintMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2022-01-01 2022-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember 2022-01-01 2022-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember 2022-01-01 2022-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember 2022-01-01 2022-12-31 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember 2022-01-01 2022-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember 2022-01-01 2022-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember 2022-01-01 2022-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember 2022-01-01 2022-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:EliminationsOrRoundingMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 country:CA ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember country:US ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:EliminationsOrRoundingMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:TaxProfessionalsMember country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:ReutersNewsMember country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:CorporatesMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 srt:AmericasMember ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 tri:LegalProfessionalsMember country:GB ifrs-full:OperatingSegmentsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:RetainedEarningsMember 2022-01-01 2022-12-31 0001075124 tri:ReserveOfGainsAndLossesOnFinancialInstrumentsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001075124 ifrs-full:PreferenceSharesMember ifrs-full:RetainedEarningsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:PreferenceSharesMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OrdinarySharesMember ifrs-full:RetainedEarningsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OrdinarySharesMember 2022-01-01 2022-12-31 0001075124 ifrs-full:IssuedCapitalMember 2022-01-01 2022-12-31 0001075124 tri:TotalCapitalMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member 2022-01-01 2022-12-31 0001075124 ifrs-full:DiscontinuedOperationsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:InvestmentsAccountedForUsingEquityMethodMember 2022-01-01 2022-12-31 0001075124 tri:OtherFinanceIncomeMember 2022-01-01 2022-12-31 0001075124 tri:ElectronicSoftwareAndServicesMember 2022-01-01 2022-12-31 0001075124 tri:GlobalPrintMember 2022-01-01 2022-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember 2022-01-01 2022-12-31 0001075124 tri:BetweenOneAndTwoYearsMember 2022-01-01 2022-12-31 0001075124 tri:BetweenTwoAndThreeYearsMember 2022-01-01 2022-12-31 0001075124 tri:LaterThanThreeYearMember 2022-01-01 2022-12-31 0001075124 tri:EmployeeBenefitsMember 2022-01-01 2022-12-31 0001075124 tri:DeferredAndShareBasedCompensationMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerEquipmentMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:FixturesAndFittingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:FixturesAndFittingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerEquipmentMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember 2022-01-01 2022-12-31 0001075124 tri:EmployeeRelatedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:MiscellaneousOtherProvisionsMember 2022-01-01 2022-12-31 0001075124 tri:FacilitiesRelatedMember 2022-01-01 2022-12-31 0001075124 ifrs-full:ComputerEquipmentMember 2022-01-01 2022-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesIndefiniteUsefulLifeMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:TechnologybasedIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesFiniteUsefulLifeMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesFiniteUsefulLifeMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:TechnologybasedIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesIndefiniteUsefulLifeMember 2022-01-01 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember 2022-01-01 2022-12-31 0001075124 tri:DefinedBenefitPlan1Member 2022-01-01 2022-12-31 0001075124 tri:FundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember country:US ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember country:GB ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember tri:RestOfWorldMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-01-01 2022-12-31 0001075124 tri:FundedPlansMember ifrs-full:PlanAssetsMember 2022-01-01 2022-12-31 0001075124 ifrs-full:PlanAssetsMember 2022-01-01 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PlanAssetsMember 2022-01-01 2022-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PlanAssetsMember 2022-01-01 2022-12-31 0001075124 tri:FundedPlansMember 2022-01-01 2022-12-31 0001075124 tri:UnfundedPlansMember 2022-01-01 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2022-01-01 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:OtherPostEmploymentBenefitsMember 2022-01-01 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:UnfundedPlansMember 2022-01-01 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:FundedPlansMember 2022-01-01 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2022-01-01 2022-12-31 0001075124 tri:StatedCapitalMember 2022-01-01 2022-12-31 0001075124 ifrs-full:SharePremiumMember 2022-01-01 2022-12-31 0001075124 tri:TotalCapitalMember tri:RepurchasesOfCommonSharesMember 2022-01-01 2022-12-31 0001075124 tri:StatedCapitalMember tri:RepurchasesOfCommonSharesMember 2022-01-01 2022-12-31 0001075124 tri:StatedCapitalMember 2022-01-01 2022-12-31 0001075124 tri:StockOption1Member 2022-01-01 2022-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember 2022-01-01 2022-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember 2022-01-01 2022-12-31 0001075124 tri:EmployeeStockPurchasePlanMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:OthersMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxAssetsMember 2022-01-01 2022-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:OtherMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:OtherMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2022-01-01 2022-12-31 0001075124 tri:ForwardInterestRateSwapsCashFlowHedgesMember 2022-01-01 2022-12-31 0001075124 tri:CrossCurrencyInterestRateSwapsMember 2022-01-01 2022-12-31 0001075124 tri:ForeignExchangeContractsMember 2022-01-01 2022-12-31 0001075124 tri:CommercialPaperCreditFacilitiesMember 2022-01-01 2022-12-31 0001075124 tri:LeasesLiabilitiesMember 2022-01-01 2022-12-31 0001075124 tri:DerivativeInstrumentsLiabilitiesAssetsMember 2022-01-01 2022-12-31 0001075124 tri:NotesAndDebenturesMember 2022-01-01 2022-12-31 0001075124 tri:ThomsonReutersGroupPensionPlanMember 2022-01-01 2022-12-31 0001075124 tri:TheThomsonCorporationPlcPensionSchemeMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2022-01-01 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:OthersMember 2022-01-01 2022-12-31 0001075124 tri:RefinitivMember 2022-01-01 2022-12-31 0001075124 tri:AveragePlanMember 2022-01-01 2022-12-31 0001075124 tri:ParticipantPlanMember 2022-01-01 2022-12-31 0001075124 tri:RetiringPlanMember 2022-01-01 2022-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember 2022-01-01 2022-12-31 0001075124 tri:HMRCTotalMember 2022-01-01 2022-12-31 0001075124 tri:CompanyPortionOfTotalProceedsMember tri:LSEGMember 2022-01-01 2022-12-31 0001075124 tri:LSEGMember 2022-01-01 2022-12-31 0001075124 ifrs-full:OrdinarySharesMember tri:RepurchasesOfCommonSharesMember 2022-01-01 2022-12-31 0001075124 tri:YorkParentLimitedMember 2023-01-01 2023-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember ifrs-full:ContingentLiabilityForGuaranteesMember tri:ThomsonReutersAndRudinMember 2023-01-01 2023-12-31 0001075124 ifrs-full:EliminationOfIntersegmentAmountsMember 2023-01-01 2023-12-31 0001075124 tri:WoodbridgeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:DiscontinuedOperationsMember 2023-01-01 2023-12-31 0001075124 tri:OtherEquityMethodInvestmentsMember 2023-01-01 2023-12-31 0001075124 tri:YplMember 2023-01-01 2023-12-31 0001075124 tri:CreditFacilityMaturingInTwoThousandTwentySevenMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:EliminationOfIntersegmentAmountsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:YPLFormerlyRHLMember 2023-01-01 2023-12-31 0001075124 tri:EliminationsOrRoundingMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 tri:EliminationsOrRoundingMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember ifrs-full:OperatingSegmentsMember tri:TransactionsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:RecurringMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OperatingSegmentsMember tri:GlobalPrintMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember ifrs-full:OperatingSegmentsMember tri:GlobalPrintMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2023-01-01 2023-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember 2023-01-01 2023-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember 2023-01-01 2023-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember 2023-01-01 2023-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember 2023-01-01 2023-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember 2023-01-01 2023-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember 2023-01-01 2023-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember tri:EmeaMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:EliminationsOrRoundingMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember srt:AsiaPacificMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember country:CA ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember country:US ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:EliminationsOrRoundingMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 srt:AmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember tri:OthersEMEAMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:TaxProfessionalsMember country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:ReutersNewsMember country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:CorporatesMember tri:OthersAmericasMember ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 tri:LegalProfessionalsMember country:GB ifrs-full:OperatingSegmentsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:RetainedEarningsMember 2023-01-01 2023-12-31 0001075124 tri:ReserveOfGainsAndLossesOnFinancialInstrumentsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember tri:TotalCapitalMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember ifrs-full:SharePremiumMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember ifrs-full:IssuedCapitalMember 2023-01-01 2023-12-31 0001075124 ifrs-full:PreferenceSharesMember ifrs-full:RetainedEarningsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:PreferenceSharesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember ifrs-full:RetainedEarningsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:IssuedCapitalMember 2023-01-01 2023-12-31 0001075124 tri:TotalCapitalMember 2023-01-01 2023-12-31 0001075124 ifrs-full:DiscontinuedOperationsMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member 2023-01-01 2023-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 tri:OtherFinanceIncomeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:InvestmentsAccountedForUsingEquityMethodMember 2023-01-01 2023-12-31 0001075124 tri:GlobalPrintMember 2023-01-01 2023-12-31 0001075124 tri:ElectronicSoftwareAndServicesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember 2023-01-01 2023-12-31 0001075124 tri:BetweenOneAndTwoYearsMember 2023-01-01 2023-12-31 0001075124 tri:BetweenTwoAndThreeYearsMember 2023-01-01 2023-12-31 0001075124 tri:LaterThanThreeYearMember 2023-01-01 2023-12-31 0001075124 tri:EmployeeBenefitsMember 2023-01-01 2023-12-31 0001075124 tri:DeferredAndShareBasedCompensationMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerEquipmentMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:FixturesAndFittingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:FixturesAndFittingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerEquipmentMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember 2023-01-01 2023-12-31 0001075124 tri:EmployeeRelatedMember 2023-01-01 2023-12-31 0001075124 tri:FacilitiesRelatedMember 2023-01-01 2023-12-31 0001075124 ifrs-full:MiscellaneousOtherProvisionsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:ComputerEquipmentMember 2023-01-01 2023-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesFiniteUsefulLifeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesIndefiniteUsefulLifeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:TechnologybasedIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:TechnologybasedIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesFiniteUsefulLifeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesIndefiniteUsefulLifeMember 2023-01-01 2023-12-31 0001075124 tri:DefinedBenefitPlan1Member 2023-01-01 2023-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember 2023-01-01 2023-12-31 0001075124 tri:FundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember country:US ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember country:GB ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:PercentageOfParticipantsInDefinedBenefitsPlansMember tri:RestOfWorldMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-01-01 2023-12-31 0001075124 tri:FundedPlansMember ifrs-full:PlanAssetsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:PlanAssetsMember 2023-01-01 2023-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PlanAssetsMember 2023-01-01 2023-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PlanAssetsMember 2023-01-01 2023-12-31 0001075124 tri:UnfundedPlansMember 2023-01-01 2023-12-31 0001075124 tri:FundedPlansMember 2023-01-01 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2023-01-01 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:OtherPostEmploymentBenefitsMember 2023-01-01 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:UnfundedPlansMember 2023-01-01 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:FundedPlansMember 2023-01-01 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2023-01-01 2023-12-31 0001075124 tri:OPEBMember 2023-01-01 2023-12-31 0001075124 tri:TrgpAndTtcPlansMember 2023-01-01 2023-12-31 0001075124 ifrs-full:SharePremiumMember 2023-01-01 2023-12-31 0001075124 tri:StatedCapitalMember 2023-01-01 2023-12-31 0001075124 tri:TotalCapitalMember tri:RepurchasesOfCommonSharesMember 2023-01-01 2023-12-31 0001075124 tri:StatedCapitalMember tri:RepurchasesOfCommonSharesMember 2023-01-01 2023-12-31 0001075124 tri:StatedCapitalMember 2023-01-01 2023-12-31 0001075124 tri:NormalCourseIssuerBidMember 2023-01-01 2023-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember 2023-01-01 2023-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember 2023-01-01 2023-12-31 0001075124 tri:StockOption1Member 2023-01-01 2023-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember tri:EquitysettledPlansMember 2023-01-01 2023-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember tri:EquitysettledPlansMember 2023-01-01 2023-12-31 0001075124 tri:StockOption1Member tri:EquitysettledPlansMember 2023-01-01 2023-12-31 0001075124 tri:EmployeeStockPurchasePlanMember 2023-01-01 2023-12-31 0001075124 tri:RangeSixMember 2023-01-01 2023-12-31 0001075124 tri:RangeThreeMember 2023-01-01 2023-12-31 0001075124 tri:RangeTwoMember 2023-01-01 2023-12-31 0001075124 tri:RangeOneMember 2023-01-01 2023-12-31 0001075124 tri:RangeFiveMember 2023-01-01 2023-12-31 0001075124 tri:RangeFourMember 2023-01-01 2023-12-31 0001075124 ifrs-full:BottomOfRangeMember tri:PerformanceRestrictedShareUnitMember 2023-01-01 2023-12-31 0001075124 ifrs-full:TopOfRangeMember tri:PerformanceRestrictedShareUnitMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxAssetsMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxLiabilitiesMember tri:OtherMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:OthersMember 2023-01-01 2023-12-31 0001075124 tri:ContinuingOperations1Member tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:OtherMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:OthersMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2023-01-01 2023-12-31 0001075124 tri:ForwardInterestRateSwapsCashFlowHedgesMember 2023-01-01 2023-12-31 0001075124 tri:CrossCurrencyInterestRateSwapsMember 2023-01-01 2023-12-31 0001075124 tri:ForeignExchangeContractsMember 2023-01-01 2023-12-31 0001075124 tri:FitchMember 2023-01-01 2023-12-31 0001075124 tri:DBRSLimitedMember 2023-01-01 2023-12-31 0001075124 tri:SPGlobalRatingsMember 2023-01-01 2023-12-31 0001075124 tri:MoodysMember 2023-01-01 2023-12-31 0001075124 tri:LeasesLiabilitiesMember 2023-01-01 2023-12-31 0001075124 tri:DerivativeInstrumentsLiabilitiesAssetsMember 2023-01-01 2023-12-31 0001075124 tri:CommercialPaperCreditFacilitiesMember 2023-01-01 2023-12-31 0001075124 tri:NotesAndDebenturesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:BuildingsMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:BuildingsMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:FixturesAndFittingsMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:FixturesAndFittingsMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:BrandNamesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:CustomerrelatedIntangibleAssetsMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:CustomerrelatedIntangibleAssetsMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:TechnologybasedIntangibleAssetsMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:TechnologybasedIntangibleAssetsMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 dei:BusinessContactMember 2023-01-01 2023-12-31 0001075124 tri:ThomsonReutersGroupPensionPlanMember 2023-01-01 2023-12-31 0001075124 tri:TheThomsonCorporationPlcPensionSchemeMember 2023-01-01 2023-12-31 0001075124 tri:ContractCostMember 2023-01-01 2023-12-31 0001075124 ifrs-full:ComputerSoftwareMember ifrs-full:TopOfRangeMember 2023-01-01 2023-12-31 0001075124 ifrs-full:ComputerSoftwareMember ifrs-full:BottomOfRangeMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2023-01-01 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2023-01-01 2023-12-31 0001075124 ifrs-full:IncomeApproachMember 2023-01-01 2023-12-31 0001075124 ifrs-full:MarketApproachMember 2023-01-01 2023-12-31 0001075124 tri:EliteBusinessMember 2023-01-01 2023-12-31 0001075124 ifrs-full:SubsidiariesMember 2023-01-01 2023-12-31 0001075124 tri:RefinitivMember 2023-01-01 2023-12-31 0001075124 tri:AveragePlanMember 2023-01-01 2023-12-31 0001075124 tri:ParticipantPlanMember 2023-01-01 2023-12-31 0001075124 tri:RetiringPlanMember 2023-01-01 2023-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember 2023-01-01 2023-12-31 0001075124 tri:CompanyAndBlackstoneMember tri:LSEGMember 2023-01-01 2023-12-31 0001075124 tri:CasetextIncMember 2023-01-01 2023-12-31 0001075124 tri:ImagenLtdMember 2023-01-01 2023-12-31 0001075124 tri:SurePrepLLCMember 2023-01-01 2023-12-31 0001075124 tri:ThoughtTraceMember 2023-01-01 2023-12-31 0001075124 tri:SeriesIiCumulativeRedeemablePreferenceShareCapitalMember 2023-01-01 2023-12-31 0001075124 tri:CrossCurrencyInterestRateSwapsMember 2023-01-01 2023-12-31 0001075124 tri:EliteMember 2023-01-01 2023-12-31 0001075124 tri:TaxAuditSettlementAndLapseOfStatuteOfLimitationMember 2023-01-01 2023-12-31 0001075124 tri:OrganizationForEconomicCooperationAndDevelopmentMember tri:TwoPillarRulesMember 2023-01-01 2023-12-31 0001075124 tri:OrganizationForEconomicCooperationAndDevelopmentMember 2023-01-01 2023-12-31 0001075124 tri:CompanyPortionMember tri:LSEGMember 2023-01-01 2023-12-31 0001075124 tri:CompanyPortionOfTotalProceedsMember tri:LSEGMember 2023-01-01 2023-12-31 0001075124 ifrs-full:PurchasedCallOptionsMember tri:CompanyPortionMember tri:YorkParentLimitedMember 2023-01-01 2023-12-31 0001075124 tri:LSEGMember 2023-01-01 2023-12-31 0001075124 ifrs-full:AssociatesMember 2023-01-01 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember tri:RepurchasesOfCommonSharesMember 2023-01-01 2023-12-31 0001075124 tri:HMRCMember 2023-01-01 2023-12-31 0001075124 tri:LSEGMember 2023-01-01 2023-12-31 0001075124 tri:ReversalOfAccruedInterestRelatingToTheReleaseOfTaxReservesMember 2023-01-01 2023-12-31 0001075124 tri:ForeignExchangeContractMember 2023-01-01 2023-12-31 0001075124 tri:OtherMember 2023-01-01 2023-12-31 0001075124 tri:InterestBearingAssetsMember ifrs-full:InterestRateRiskMember 2023-01-01 2023-12-31 0001075124 ifrs-full:Level3OfFairValueHierarchyMember 2022-12-31 0001075124 ifrs-full:Level2OfFairValueHierarchyMember 2022-12-31 0001075124 ifrs-full:Level1OfFairValueHierarchyMember 2022-12-31 0001075124 tri:YplMember 2022-12-31 0001075124 tri:OtherEquityMethodInvestmentsMember 2022-12-31 0001075124 tri:AssetsLiabilitiesAtAmortizedCostMember 2022-12-31 0001075124 ifrs-full:DerivativesMember 2022-12-31 0001075124 ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2022-12-31 0001075124 tri:AssetsLiabilitiesAtFairValueThroughEarningsMember 2022-12-31 0001075124 tri:YPLFormerlyRHLMember 2022-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember 2022-12-31 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember 2022-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember 2022-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember 2022-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember 2022-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember 2022-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember 2022-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember 2022-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:CommercialPaperMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:CommercialPaperMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember tri:PrimaryDebtInstrumentsMember 2022-12-31 0001075124 tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember ifrs-full:AtFairValueMember 2022-12-31 0001075124 ifrs-full:AtFairValueMember 2022-12-31 0001075124 country:US 2022-12-31 0001075124 country:CA 2022-12-31 0001075124 tri:OthersAmericasMember 2022-12-31 0001075124 srt:AmericasMember 2022-12-31 0001075124 country:CH 2022-12-31 0001075124 country:GB 2022-12-31 0001075124 tri:OtherEMEACountriesMember 2022-12-31 0001075124 tri:EmeaMember 2022-12-31 0001075124 srt:AsiaPacificMember 2022-12-31 0001075124 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember 2022-12-31 0001075124 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2022-12-31 0001075124 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember 2022-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember 2022-12-31 0001075124 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2022-12-31 0001075124 ifrs-full:LaterThanFiveYearsMember 2022-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2022-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2022-12-31 0001075124 ifrs-full:CurrentMember 2022-12-31 0001075124 ifrs-full:LaterThanSixMonthsMember 2022-12-31 0001075124 ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember 2022-12-31 0001075124 ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2022-12-31 0001075124 ifrs-full:MiscellaneousOtherProvisionsMember 2022-12-31 0001075124 tri:FacilitiesRelatedMember 2022-12-31 0001075124 tri:EmployeeRelatedMember 2022-12-31 0001075124 ifrs-full:ComputerEquipmentMember 2022-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2022-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2022-12-31 0001075124 tri:RecoveredAfterMoreThanTwelveMonthsMember 2022-12-31 0001075124 tri:RecoveredWithinTwelveMonthsMember 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:OtherPostEmploymentBenefitsMember 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:UnfundedPlansMember 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:FundedPlansMember 2022-12-31 0001075124 tri:QuotedPlanAssetsMember 2022-12-31 0001075124 tri:UnquotedPlanAssetsMember 2022-12-31 0001075124 tri:GovernmentBondsMember 2022-12-31 0001075124 tri:GovernmentBondsMember tri:UnquotedPlanAssetsMember 2022-12-31 0001075124 tri:CorporateBondsMember 2022-12-31 0001075124 tri:OtherFixedIncomeMember 2022-12-31 0001075124 tri:OtherFixedIncomeMember tri:UnquotedPlanAssetsMember 2022-12-31 0001075124 tri:CorporateBondsMember tri:UnquotedPlanAssetsMember 2022-12-31 0001075124 tri:MultiAssetMember 2022-12-31 0001075124 tri:MultiAssetMember tri:UnquotedPlanAssetsMember 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember 2022-12-31 0001075124 tri:UnfundedPlansMember 2022-12-31 0001075124 tri:FundedPlansMember 2022-12-31 0001075124 tri:WestMember 2022-12-31 0001075124 tri:ReutersMember 2022-12-31 0001075124 tri:ShareRepurchaseProgramMember 2022-12-31 0001075124 tri:SeriesIiCumulativeRedeemablePreferenceShareCapitalMember 2022-12-31 0001075124 tri:StockOption1Member 2022-12-31 0001075124 tri:StockIncentivePlanMember 2022-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember 2022-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember 2022-12-31 0001075124 currency:USD 2022-12-31 0001075124 currency:CAD 2022-12-31 0001075124 ifrs-full:LaterThanFiveYearsMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 tri:UndiscountedCashFlowMember 2022-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember tri:UndiscountedCashFlowMember 2022-12-31 0001075124 tri:CashAndCashEquivalentMember 2022-12-31 0001075124 tri:DerivativeFinancialAssetsMember 2022-12-31 0001075124 tri:DerivativeFinancialLiabilitiesMember 2022-12-31 0001075124 tri:CommercialPaper1Member 2022-12-31 0001075124 tri:CreditFacilityMaturingInTwoThousandTwentySevenMember 2022-12-31 0001075124 tri:NotesDebenturesAndCommercialPaperMember 2022-12-31 0001075124 tri:ForeignExchangeContractMember 2022-12-31 0001075124 ifrs-full:CreditRiskMember 2022-12-31 0001075124 tri:InterestBearingAssetsMember ifrs-full:InterestRateRiskMember 2022-12-31 0001075124 tri:ForwardInterestRateSwapsCashFlowHedgesMember tri:CrossCurrencyInterestRateSwapsMember 2022-12-31 0001075124 ifrs-full:AtFairValueMember tri:ForeignExchangeContractMember 2022-12-31 0001075124 tri:HmRevenueAndCustomsMember 2022-12-31 0001075124 tri:LsegSharesMember 2022-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember tri:CapitalContributionMember 2022-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember tri:InKindContributionMember 2022-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember ifrs-full:ContingentLiabilityForGuaranteesMember tri:ThomsonReutersAndRudinMember 2022-12-31 0001075124 tri:CompanyPortionMember tri:LSEGMember 2022-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember ifrs-full:ContingentLiabilityForGuaranteesMember tri:ThomsonReutersAndRudinMember 2023-12-31 0001075124 tri:CommercialPaper1Member 2023-12-31 0001075124 ifrs-full:Level2OfFairValueHierarchyMember 2023-12-31 0001075124 ifrs-full:Level3OfFairValueHierarchyMember 2023-12-31 0001075124 ifrs-full:Level1OfFairValueHierarchyMember 2023-12-31 0001075124 tri:OtherEquityMethodInvestmentsMember 2023-12-31 0001075124 tri:YplMember 2023-12-31 0001075124 tri:CreditFacilityMaturingInTwoThousandTwentySevenMember 2023-12-31 0001075124 ifrs-full:DerivativesMember 2023-12-31 0001075124 ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2023-12-31 0001075124 tri:AssetsLiabilitiesAtFairValueThroughEarningsMember 2023-12-31 0001075124 tri:AssetsLiabilitiesAtAmortizedCostMember 2023-12-31 0001075124 tri:YPLFormerlyRHLMember 2023-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember 2023-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember 2023-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember 2023-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember 2023-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember 2023-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember 2023-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember 2023-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:FivePointEightFiveDebenturesDueTwoThousandFortyMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:ThreePointThreeFiveNotesDueTwoThousandTwentySixMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:ThreePointEightFiveNotesDueTwoThousandTwentyFourMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:FourPointFiveZeroNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:CommercialPaperMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:CommercialPaperMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:FivePointFiveZeroDebenturesDueTwoThousandThirtyFiveMember tri:PrimaryDebtInstrumentsMember 2023-12-31 0001075124 tri:FivePointSixFiveNotesDueTwoThousandFortyThreeMember tri:PrimaryDebtInstrumentsMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:TwoPointTwoThreeNineNotesDueOnTwoThousandTwentyFiveMember ifrs-full:AtFairValueMember 2023-12-31 0001075124 tri:OthersAmericasMember 2023-12-31 0001075124 srt:AmericasMember 2023-12-31 0001075124 country:GB 2023-12-31 0001075124 tri:OtherEMEACountriesMember 2023-12-31 0001075124 tri:EmeaMember 2023-12-31 0001075124 country:CH 2023-12-31 0001075124 srt:AsiaPacificMember 2023-12-31 0001075124 country:US 2023-12-31 0001075124 country:CA 2023-12-31 0001075124 ifrs-full:CapitalisedDevelopmentExpenditureMember 2023-12-31 0001075124 ifrs-full:MajorPurchasesOfAssetsMember 2023-12-31 0001075124 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember 2023-12-31 0001075124 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember 2023-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember 2023-12-31 0001075124 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2023-12-31 0001075124 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2023-12-31 0001075124 tri:SurePrepLLCMember 2023-12-31 0001075124 tri:CasetextIncMember 2023-12-31 0001075124 tri:OtherMember 2023-12-31 0001075124 tri:SurePrepLLCMember ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 tri:CasetextIncMember ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 tri:OtherMember ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 tri:SurePrepLLCMember ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 tri:CasetextIncMember ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 tri:OtherMember ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember 2023-12-31 0001075124 ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2023-12-31 0001075124 ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2023-12-31 0001075124 ifrs-full:CurrentMember 2023-12-31 0001075124 ifrs-full:LaterThanSixMonthsMember 2023-12-31 0001075124 ifrs-full:LaterThanFiveYearsMember 2023-12-31 0001075124 tri:EmployeeRelatedMember 2023-12-31 0001075124 ifrs-full:MiscellaneousOtherProvisionsMember 2023-12-31 0001075124 tri:FacilitiesRelatedMember 2023-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2023-12-31 0001075124 ifrs-full:ComputerEquipmentMember 2023-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2023-12-31 0001075124 tri:RecoveredAfterMoreThanTwelveMonthsMember 2023-12-31 0001075124 tri:RecoveredWithinTwelveMonthsMember 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:OtherPostEmploymentBenefitsMember 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:UnfundedPlansMember 2023-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:FundedPlansMember 2023-12-31 0001075124 tri:UnquotedPlanAssetsMember 2023-12-31 0001075124 tri:GovernmentBondsMember 2023-12-31 0001075124 tri:GovernmentBondsMember tri:UnquotedPlanAssetsMember 2023-12-31 0001075124 tri:CorporateBondsMember 2023-12-31 0001075124 tri:OtherFixedIncomeMember 2023-12-31 0001075124 tri:OtherFixedIncomeMember tri:UnquotedPlanAssetsMember 2023-12-31 0001075124 tri:CorporateBondsMember tri:UnquotedPlanAssetsMember 2023-12-31 0001075124 tri:MultiAssetMember 2023-12-31 0001075124 tri:MultiAssetMember tri:UnquotedPlanAssetsMember 2023-12-31 0001075124 tri:QuotedPlanAssetsMember 2023-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember 2023-12-31 0001075124 tri:UnfundedPlansMember 2023-12-31 0001075124 tri:FundedPlansMember 2023-12-31 0001075124 ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflationMember tri:TrgpAndTtcPlansMember 2023-12-31 0001075124 ifrs-full:ActuarialAssumptionOfDiscountRatesMember tri:TrgpAndTtcPlansMember 2023-12-31 0001075124 ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember 2023-12-31 0001075124 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember tri:TrgpAndTtcPlansMember 2023-12-31 0001075124 tri:TrgpAndTtcPlansMember 2023-12-31 0001075124 ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember tri:TwoThousandThirtyFourMember 2023-12-31 0001075124 tri:ReutersMember 2023-12-31 0001075124 tri:WestMember 2023-12-31 0001075124 tri:ShareRepurchaseProgramMember 2023-12-31 0001075124 tri:SeriesIiCumulativeRedeemablePreferenceShareCapitalMember 2023-12-31 0001075124 tri:StockOption1Member 2023-12-31 0001075124 tri:RangeFiveMember 2023-12-31 0001075124 tri:RangeFourMember 2023-12-31 0001075124 tri:RangeThreeMember 2023-12-31 0001075124 tri:RangeTwoMember 2023-12-31 0001075124 tri:RangeOneMember 2023-12-31 0001075124 tri:RangeSixMember 2023-12-31 0001075124 tri:StockIncentivePlanMember 2023-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember 2023-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember 2023-12-31 0001075124 country:CA ifrs-full:UnusedTaxLossesMember 2023-12-31 0001075124 ifrs-full:OtherTemporaryDifferencesMember 2023-12-31 0001075124 tri:DeductibleTemporaryDifferencesInvestmentsInSubsidiariesAndOthersMember 2023-12-31 0001075124 tri:CapitalLossesMember 2023-12-31 0001075124 tri:OtherJurisdictionsMember ifrs-full:UnusedTaxLossesMember 2023-12-31 0001075124 tri:OtherAttributesAndCreditsMember 2023-12-31 0001075124 country:US tri:StateNetOperatingLossesMember 2023-12-31 0001075124 currency:USD 2023-12-31 0001075124 currency:CAD 2023-12-31 0001075124 currency:EUR tri:TenPercentageWeakeningInForeignCurrencyVsUsMember 2023-12-31 0001075124 tri:OtherCurrenciesMember tri:TenPercentageWeakeningInForeignCurrencyVsUsMember 2023-12-31 0001075124 currency:CAD tri:TenPercentageWeakeningInForeignCurrencyVsUsMember 2023-12-31 0001075124 currency:GBP tri:TenPercentageWeakeningInForeignCurrencyVsUsMember 2023-12-31 0001075124 tri:TenPercentageWeakeningInForeignCurrencyVsUsMember 2023-12-31 0001075124 tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:LaterThanFiveYearsMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 ifrs-full:NotLaterThanOneYearMember tri:UndiscountedCashFlowMember 2023-12-31 0001075124 tri:CashAndCashEquivalentMember 2023-12-31 0001075124 tri:DerivativeFinancialAssetsMember 2023-12-31 0001075124 tri:DerivativeFinancialLiabilitiesMember 2023-12-31 0001075124 tri:NotesDebenturesAndCommercialPaperMember 2023-12-31 0001075124 tri:ForeignExchangeContractMember 2023-12-31 0001075124 ifrs-full:CreditRiskMember 2023-12-31 0001075124 tri:InterestBearingAssetsMember ifrs-full:InterestRateRiskMember 2023-12-31 0001075124 tri:ThomsonReutersFoundersShareMember 2023-12-31 0001075124 tri:SeriesIiPreferenceSharesMember 2023-12-31 0001075124 ifrs-full:OrdinarySharesMember 2023-12-31 0001075124 srt:ScenarioForecastMember 2023-12-31 0001075124 tri:CreditFacilityMaturingInTwoThousandTwentySevenMember ifrs-full:TopOfRangeMember 2023-12-31 0001075124 tri:CreditFacilityMaturingInTwoThousandTwentySevenMember ifrs-full:TopOfRangeMember tri:ScenarioForecastOneMember 2023-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember ifrs-full:ContingentLiabilityForGuaranteesMember tri:ThomsonReutersMember 2023-12-31 0001075124 tri:ThreeTimesSquareAssociatesLlcMember ifrs-full:ContingentLiabilityForGuaranteesMember tri:RudinMember 2023-12-31 0001075124 tri:SyndicatedCreditFacilityMember 2023-12-31 0001075124 tri:ForwardInterestRateSwapsCashFlowHedgesMember tri:CrossCurrencyInterestRateSwapsMember 2023-12-31 0001075124 ifrs-full:AtFairValueMember tri:ForeignExchangeContractMember 2023-12-31 0001075124 tri:EliteMember 2023-12-31 0001075124 tri:HmRevenueAndCustomsMember 2023-12-31 0001075124 tri:LsegSharesMember 2023-12-31 0001075124 tri:OtherJurisdictionsMember tri:TwoThousandThirtyFourToTwoThousandAndThirtyNineMember 2023-12-31 0001075124 ifrs-full:PurchasedCallOptionsMember tri:CompanyAndBlackstoneMember tri:YorkParentLimitedMember 2023-12-31 0001075124 ifrs-full:PurchasedCallOptionsMember tri:CompanyPortionMember tri:YorkParentLimitedMember 2023-12-31 0001075124 tri:CompanyPortionMember tri:LSEGMember 2023-12-31 0001075124 tri:NoRestrictionMember tri:YorkParentLimitedMember 2023-12-31 0001075124 tri:BetweenSecondMarchTwoThousandAndTwentyFourAndTwentyNinthJanuaryTwoThousandAndTwentyFiveMember tri:YorkParentLimitedMember 2023-12-31 0001075124 ifrs-full:AssociatesMember 2023-01-01 2023-06-30 0001075124 ifrs-full:AssociatesMember tri:EliteMember 2023-06-01 2023-06-30 0001075124 tri:ReutersNewsMember 2023-10-01 0001075124 tri:GlobalPrintMember 2023-10-01 0001075124 tri:LegalMember 2023-10-01 0001075124 tri:CorporatesMember 2023-10-01 0001075124 tri:TaxAndAccountingMember 2023-10-01 0001075124 tri:CorporatesMember 2023-10-01 2023-10-01 0001075124 tri:TaxAndAccountingMember 2023-10-01 2023-10-01 0001075124 tri:ReutersNewsMember 2023-10-01 2023-10-01 0001075124 tri:GlobalPrintMember 2023-10-01 2023-10-01 0001075124 tri:LegalMember 2023-10-01 2023-10-01 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember 2023-11-01 2023-11-30 0001075124 tri:EliteMember 2023-06-30 2023-06-30 0001075124 ifrs-full:OrdinarySharesMember 2023-06-30 2023-06-30 0001075124 tri:EliteMember 2023-12-31 2023-12-31 0001075124 tri:FourPointThreeZeroNotesDueTwoThousandTwentyThreeMember 2023-11-30 0001075124 tri:WorldBusinessMediaLimitedMember ifrs-full:MajorBusinessCombinationMember 2024-01-01 2024-01-31 0001075124 tri:PageroGroupAbMember ifrs-full:MajorBusinessCombinationMember 2024-01-31 0001075124 tri:PageroGroupAbMember ifrs-full:MajorBusinessCombinationMember 2024-03-31 2024-03-31 0001075124 tri:DividendsDeclaredAfterYearEndedMember 2024-02-01 2024-02-29 0001075124 tri:RepurchaseOfSharesMember 2024-03-04 0001075124 tri:RepurchaseOfSharesMember 2024-01-01 2024-03-04 0001075124 tri:CompanyAndBlackstoneMember tri:LSEGMember tri:EventsAfterReportingPeriodMember 2024-01-01 2024-03-05 0001075124 tri:CompanyAndBlackstoneMember tri:LSEGMember tri:EventsAfterReportingPeriodMember 2024-03-05 2024-03-05 0001075124 tri:CompanyAndBlackstoneMember tri:LSEGMember tri:EventsAfterReportingPeriodMember 2024-03-05 0001075124 ifrs-full:PurchasedCallOptionsMember tri:CompanyPortionMember ifrs-full:PotentialOrdinaryShareTransactionsMember tri:YorkParentLimitedMember 2024-01-01 2024-12-31 0001075124 tri:YPLFormerlyRHLMember 2021-12-31 0001075124 ifrs-full:RetainedEarningsMember 2021-12-31 0001075124 tri:ReserveOfGainsAndLossesOnFinancialInstrumentsMember 2021-12-31 0001075124 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2021-12-31 0001075124 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001075124 ifrs-full:IssuedCapitalMember 2021-12-31 0001075124 ifrs-full:SharePremiumMember 2021-12-31 0001075124 tri:TotalCapitalMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:FixturesAndFittingsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerEquipmentMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerEquipmentMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:FixturesAndFittingsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2022-12-31 0001075124 ifrs-full:InternallyGeneratedMember 2022-12-31 0001075124 tri:AcquisitionsMember 2022-12-31 0001075124 ifrs-full:NotInternallyGeneratedMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2022-12-31 0001075124 tri:EmployeeRelatedMember 2021-12-31 0001075124 tri:FacilitiesRelatedMember 2021-12-31 0001075124 ifrs-full:MiscellaneousOtherProvisionsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesIndefiniteUsefulLifeMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesFiniteUsefulLifeMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:TechnologybasedIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesIndefiniteUsefulLifeMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesFiniteUsefulLifeMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:TechnologybasedIntangibleAssetsMember 2021-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:TechnologybasedIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesFiniteUsefulLifeMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesIndefiniteUsefulLifeMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesFiniteUsefulLifeMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2022-12-31 0001075124 tri:TradeNamesIndefiniteUsefulLifeMember 2022-12-31 0001075124 tri:TradeNamesFiniteUsefulLifeMember 2022-12-31 0001075124 ifrs-full:CustomerrelatedIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:TechnologybasedIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesIndefiniteUsefulLifeMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:TechnologybasedIntangibleAssetsMember 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember 2021-12-31 0001075124 tri:DefinedBenefitPlan1Member 2021-12-31 0001075124 tri:DefinedBenefitPlan1Member 2022-12-31 0001075124 tri:FundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2021-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2021-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2021-12-31 0001075124 ifrs-full:PresentValueOfDefinedBenefitObligationMember 2021-12-31 0001075124 ifrs-full:PlanAssetsMember 2021-12-31 0001075124 tri:FundedPlansMember ifrs-full:PlanAssetsMember 2021-12-31 0001075124 tri:FundedPlansMember ifrs-full:PlanAssetsMember 2022-12-31 0001075124 ifrs-full:PlanAssetsMember 2022-12-31 0001075124 tri:SeriesIiCumulativeRedeemablePreferenceShareCapitalMember 2021-12-31 0001075124 tri:StatedCapitalMember 2021-12-31 0001075124 tri:TotalCapitalMember 2022-12-31 0001075124 ifrs-full:SharePremiumMember 2022-12-31 0001075124 tri:StatedCapitalMember 2022-12-31 0001075124 ifrs-full:OrdinarySharesMember 2021-12-31 0001075124 tri:StockOption1Member 2021-12-31 0001075124 tri:TimeBasedRestrictedShareUnitMember 2021-12-31 0001075124 tri:PerformanceRestrictedShareUnitMember 2021-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2021-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2021-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:OtherMember 2021-12-31 0001075124 tri:DeferredTaxLiabilitiesMember 2021-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2022-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:OtherMember 2022-12-31 0001075124 tri:DeferredTaxAssetsMember 2021-12-31 0001075124 tri:DeferredTaxAssetsMember tri:OthersMember 2021-12-31 0001075124 tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2021-12-31 0001075124 tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2021-12-31 0001075124 tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2021-12-31 0001075124 tri:LeasesLiabilitiesMember 2021-12-31 0001075124 tri:DerivativeInstrumentsLiabilitiesAssetsMember 2021-12-31 0001075124 tri:CommercialPaperCreditFacilitiesMember 2021-12-31 0001075124 tri:NotesAndDebenturesMember 2021-12-31 0001075124 tri:DeferredTaxAssetsMember tri:OthersMember 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2022-12-31 0001075124 tri:DeferredTaxAssetsMember 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2022-12-31 0001075124 tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2022-12-31 0001075124 tri:FundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-12-31 0001075124 ifrs-full:PresentValueOfDefinedBenefitObligationMember 2022-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:FundedPlansMember 2021-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:UnfundedPlansMember 2021-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember tri:OtherPostEmploymentBenefitsMember 2021-12-31 0001075124 tri:MaterialDefinedBenefitPlansMember 2021-12-31 0001075124 ifrs-full:IssuedCapitalMember 2022-12-31 0001075124 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001075124 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2022-12-31 0001075124 tri:ReserveOfGainsAndLossesOnFinancialInstrumentsMember 2022-12-31 0001075124 ifrs-full:RetainedEarningsMember 2022-12-31 0001075124 ifrs-full:OrdinarySharesMember 2022-12-31 0001075124 tri:LeasesLiabilitiesMember 2022-12-31 0001075124 tri:DerivativeInstrumentsLiabilitiesAssetsMember 2022-12-31 0001075124 tri:CommercialPaperCreditFacilitiesMember 2022-12-31 0001075124 tri:NotesAndDebenturesMember 2022-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerEquipmentMember 2022-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:FixturesAndFittingsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2022-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerEquipmentMember 2022-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:FixturesAndFittingsMember 2022-12-31 0001075124 ifrs-full:InternallyGeneratedMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:NotInternallyGeneratedMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember tri:AcquisitionsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ComputerSoftwareMember ifrs-full:InternallyGeneratedMember 2023-12-31 0001075124 ifrs-full:NotInternallyGeneratedMember 2023-12-31 0001075124 tri:AcquisitionsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:TechnologybasedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesFiniteUsefulLifeMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember tri:TradeNamesIndefiniteUsefulLifeMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesIndefiniteUsefulLifeMember 2023-12-31 0001075124 tri:TradeNamesIndefiniteUsefulLifeMember 2023-12-31 0001075124 tri:TradeNamesFiniteUsefulLifeMember 2023-12-31 0001075124 ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:TechnologybasedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember tri:TradeNamesFiniteUsefulLifeMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:TechnologybasedIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember 2023-12-31 0001075124 tri:DefinedBenefitPlan1Member 2023-12-31 0001075124 tri:FundedPlansMember ifrs-full:PlanAssetsMember 2023-12-31 0001075124 ifrs-full:PlanAssetsMember 2023-12-31 0001075124 tri:TotalCapitalMember 2023-12-31 0001075124 ifrs-full:SharePremiumMember 2023-12-31 0001075124 tri:StatedCapitalMember 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:EquityMethodInvestmentsMember 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:GoodwillAndOtherIdentifiableIntangibleAssetsMember 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember 2023-12-31 0001075124 tri:DeferredTaxLiabilitiesMember tri:OtherMember 2023-12-31 0001075124 tri:DeferredTaxAssetsMember 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:OthersMember 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:DeferredAndShareBasedCompensationMember 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:EmployeeBeeneftsMember 2023-12-31 0001075124 tri:DeferredTaxAssetsMember tri:TaxLossesAndOtherAttributesMember 2023-12-31 0001075124 tri:FundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-12-31 0001075124 tri:UnfundedPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-12-31 0001075124 tri:OtherPostEmploymentBenefitsMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-12-31 0001075124 ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-12-31 0001075124 ifrs-full:IssuedCapitalMember 2023-12-31 0001075124 ifrs-full:RetainedEarningsMember 2023-12-31 0001075124 tri:ReserveOfGainsAndLossesOnFinancialInstrumentsMember 2023-12-31 0001075124 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2023-12-31 0001075124 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001075124 tri:NotesAndDebenturesMember 2023-12-31 0001075124 tri:CommercialPaperCreditFacilitiesMember 2023-12-31 0001075124 tri:DerivativeInstrumentsLiabilitiesAssetsMember 2023-12-31 0001075124 tri:LeasesLiabilitiesMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:LandAndBuildingsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:ComputerEquipmentMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:ComputerEquipmentMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:FixturesAndFittingsMember 2023-12-31 0001075124 ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember ifrs-full:FixturesAndFittingsMember 2023-12-31 0001075124 ifrs-full:LandAndBuildingsMember 2023-12-31 0001075124 ifrs-full:FixturesAndFittingsMember 2023-12-31 0001075124 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2023-12-31 iso4217:USD xbrli:pure utr:Year xbrli:shares iso4217:CAD iso4217:GBP iso4217:USD xbrli:shares tri:Transactions iso4217:CAD xbrli:shares tri:BasisPoint utr:Y
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM
40-F
 
 
 
REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934
OR
 
ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2023
Commission File
Number: 001-31349
 
 
THOMSON REUTERS CORPORATION
(Exact name of Registrant as specified in its charter)
 
 
N/A
(Translation of Registrant’s name into English (if applicable))
Province of
Ontario
,
Canada
(Province or other jurisdiction of incorporation or organization)
2741
(Primary Standard Industrial Classification Code Number (if applicable))
98-0176673
(I.R.S. Employer Identification Number (if applicable))
19 Duncan Street
Toronto, Ontario M5H 3H1, Canada
Telephone: (647)
480-7000
(Address and telephone number of Registrant’s principal executive offices)
Thomson Reuters Holdings Inc.
Attn: Legal Department
3 Times Square
New York, New York 10036
Telephone:
(646540-3000
(Name, address (including zip code) and telephone number (including area code)
of agent for service in the United States)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading Symbol
 
Name of Each Exchange on Which Registered
Common shares
 
TRI
 
New York Stock Exchange
Securities registered or to be registered pursuant to Section 12(g) of the Act:
None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:
Debt Securities of Thomson Reuters Corporation and Guarantees of Debt Securities of TR Finance LLC
For annual reports, indicate by check mark the information filed with this Form:
 
 Annual information form
 
 Audited annual financial statements
 
 
Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:
452,962,832 common shares, 6,000,000 Series II preference shares and 1 Thomson Reuters Founders
Share as at December 31, 2023
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
Yes ☒     No ☐
Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation
S-T
(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files).
Yes ☒     No ☐
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule
12b-2
of the Exchange Act.
Emerging growth company
 
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act.
† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.
Indicate by check mark whether the Registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.
If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.
Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to
§240.10D-1(b).
 
Auditor Name
: PricewaterhouseCoopers LLP
  
Auditor Location
: New York, NY, USA
  
Auditor Firm ID
: 238





Table of Contents
UNDERTAKING AND CONSENT TO SERVICE OF PROCESS
a. Undertaking.
The Registrant undertakes to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to: the securities registered pursuant to
Form 40-F;
the securities in relation to which the obligation to file an annual report on
Form 40-F
arises; or transactions in said securities.
b. Consent to Service of Process.
 
 
(1)
The Registrant has previously filed a Form
F-X
in connection with the class of securities in relation to which the obligation to file this report arises.
 
 
(2)
Any change to the name or address of the Registrant’s agent for service shall be communicated promptly to the Commission by amendment to Form
F-X
referencing the file number of the Registrant.

Table of Contents
SIGNATURES
Pursuant to the requirements of the Exchange Act, the Registrant certifies that it meets all of the requirements for filing on
Form 40-F
and has duly caused this annual report to be signed on its behalf by the undersigned, thereto duly authorized.
 
THOMSON REUTERS CORPORATION
By:
 
/s/ Michael Eastwood
Name:
 
Michael Eastwood
Title:
 
Chief Financial Officer
Date: March 7, 2024

Table of Contents
EXHIBIT INDEX
 
Exhibit
Number
  
Description
 97.1
  
Compensation Recovery Policy
 99.1
  
Annual Report for the year ended December 31, 2023 (which constitutes an Annual Information Form and includes Management’s Discussion and Analysis and Audited Financial Statements for the year ended December 31, 2023), and includes a Form
40-F
Cross Reference Table on page 199
 99.2
  
Consent of PricewaterhouseCoopers LLP
 99.3
  
Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 99.4
  
Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 99.5
  
Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 99.6
  
Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 99.7
  
Code of Business Conduct and Ethics
 99.8
  
Audit Committee Charter
 99.9
  
List of Subsidiary Issuers and Guarantors (incorporated by reference to Exhibit 22.1 of the joint Registration Statement on Form
F-3
(File
No. 333-265541)
and Form
F-10
(File
No. 333-265525)
filed on June 29, 2022 by Thomson Reuters Corporation and the subsidiary issuer and guarantors named therein)
101.INS
  
XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH
  
XBRL Taxonomy Extension Schema
101.CAL
  
XBRL Taxonomy Extension Calculation Linkbase
101.DEF
  
XBRL Taxonomy Extension Definition Linkbase
101.LAB
  
XBRL Taxonomy Extension Label Linkbase
101.PRE
  
XBRL Taxonomy Extension Presentation Linkbase
104
  
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

Table of Contents
EX-97.1 - COMPENSATION RECOVERY POLICY

Exhibit 97.1

 

LOGO

Incentive-Based Compensation Clawback Policy

(Financial Restatement)

 

1.

Introduction

This incentive-based compensation clawback policy (the “Policy”) has been adopted by the Board of Directors (the “Board”) of Thomson Reuters Corporation (the “Company”) to create and maintain a culture that emphasizes integrity and accountability and that reinforces the Company’s pay-for-performance compensation philosophy. The Board has therefore adopted this Policy which provides for the recoupment of certain executive compensation in the event of an accounting restatement resulting from material noncompliance with financial reporting requirements under Canadian and U.S. securities laws. This Policy is designed to comply with Section 10D of the Securities Exchange Act of 1934 (the “Exchange Act”), Rule 10D-1 issued thereunder, and the listing standards of the national securities exchange on which the Company’s securities are listed to implement Rule 10D-1 under the Exchange Act (collectively, the “U.S. Clawback Rules”).

 

2.

Definitions

For purposes of this Policy, the following terms shall have the meanings set forth below:

Covered Executive Officers” means the Company’s current and former executive officers, as determined by the Board in accordance with the U.S. Clawback Rules, and such other officers or employees who may from time to time be deemed subject to the Policy by the Board.

Effective Date” means October 2, 2023.

Excess Incentive-Based Compensation” means the amount by which any Incentive-Based Compensation that is granted, earned, or vested based on erroneous or inaccurate data contained in Materially Non-Compliant Financial Statements as originally publicly filed exceeds the amount of any Incentive-Based Compensation that would have been granted, earned, or vested based on the data contained in any subsequent restatement of such Materially Non-Compliant Financial Statements, as computed without regard to any taxes paid thereon and otherwise as determined by the Board in accordance with the U.S. Clawback Rules. If the Board cannot determine the amount of excess Incentive-Based Compensation received by the Covered Executive Officer directly from the information in the accounting restatement, then it will make its determination based on a reasonable estimate of the effect of the accounting restatement.

Financial Reporting Measure means any measure that is determined and presented in accordance with the accounting principles used in preparing financial statements, or any measure derived wholly or in part from the financial information, and includes, for example, stock price, total shareholder return, revenues, net income, earnings before interest, taxes, depreciation, and amortization (EBITDA), funds from operations, liquidity measures such as working capital or operating cash flow, return measures such as return on invested capital or return on assets, and earnings measures such as earnings per share.

Human Resources Committee” means the Human Resources Committee of the Board or such other committee as the Board may, from time to time, appoint to oversee the application of this Policy.

Incentive-Based Compensation” means any compensation that is granted, earned, or vested based wholly or in part on the attainment of a Financial Reporting Measure, which may include: annual bonuses and other short- and long-term cash incentives, stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, or performance units. For the avoidance of doubt, Incentive-Based Compensation does not include awards that vest exclusively upon completion of a specified employment period, without any performance condition, and bonus awards that are discretionary or based on subjective goals or goals unrelated to Financial Reporting Measures.

Lookback Period” means the three completed fiscal years immediately preceding the date on which the Company is required to prepare an accounting restatement (as determined in accordance with the U.S. Clawback Rules) or any applicable transition period as specified under the Exchange Act.


Materially Non-Compliant Financial Statements” means any financial statements of the Company where there has been any restatement of the financial statements due to material non-compliance with any financial reporting requirement under applicable securities laws, including any required accounting restatement correcting an error that either (1) is material to the previously-issued financial statements (i.e. a “big R” restatement); or (2) would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period (i.e. a “little r” restatement).

Performance Period” means the current period or the Lookback Period, as applicable.

 

3.

Recoupment of Incentive-Based Compensation

In the event of Materially Non-Compliant Financial Statements, the Board will require reimbursement or forfeiture of any Excess Incentive-Based Compensation granted, earned, or vested in favour of, any current or former Covered Executive Officer during the relevant Performance Period. Notwithstanding the foregoing, such reimbursement or forfeiture of Excess Incentive-Based Compensation shall not be required from a Covered Executive Officer if that individual was not a Covered Executive Officer at any time during the relevant Performance Period.

 

4.

Method of Recoupment

The Board shall have the sole discretion and authority to determine the method for recouping any Incentive-Based Compensation under Section 3 of this Policy which may include, without limitation, (i) requiring the Covered Executive Officer to repay all or a portion of any cash bonus (including any performance bonus) or other equity-based compensation granted, awarded or paid to the Covered Executive Officer; (ii) canceling all or a portion of any unvested or vested equity-based compensation deferred by or granted, awarded or paid to the Covered Executive Officer; (iii) requiring the Covered Executive Officer to repay all or a portion of any gains realized by the Covered Executive Officer on the exercise of stock options or other equity-based compensation; (iv) offsetting the recoupment amount against any current or future equity-based compensation or any other amounts owed by the Company to the Covered Executive Officer; (v) combining any of items (i) to (iv) above; and/or (vi) taking any other remedial and recovery action permitted by law, as determined by the Board. Any recoupment under this Policy shall be reasonably prompt.

 

5.

No Indemnification

The Company shall not indemnify a Covered Executive Officer for any losses suffered as a result of recoupment under this Policy, including without limitation, the loss of any Incentive-Based Compensation.

 

6.

Effective Date

This Policy shall be effective as of the Effective Date and shall apply to Incentive-Based Compensation that is approved, awarded or granted to, or earned by, the Covered Executive Officers on or after that date.

 

7.

Board Authority

All determinations, decisions and interpretations to be made under this Policy shall be made by the Board, on the recommendation of the Human Resources Committee. Any determination, decision or interpretation made by the Board under this Policy shall be final, binding and conclusive on all Covered Executive Officers and all other parties. This Policy may be amended or terminated at any time by the Board. The Board will amend this Policy as it deems necessary to comply with applicable laws and any rules, regulations, guidance or standards adopted by a securities regulatory authority or a stock exchange on which the Company’s securities are listed. It is intended that this Policy be interpreted in a manner that is consistent with the requirements of the U.S. Clawback Rules.

 

8.

Administration of the Policy

Any applicable award agreement, form or other document setting forth the terms and conditions of any Incentive-Based Compensation covered by the Policy which is approved, granted, awarded, earned or paid on or after the Effective Date shall be deemed to include the restrictions imposed herein and incorporate this Policy by reference and, in the event of any inconsistency, the terms of the Policy will govern. The Board may require that any employment agreement, equity award agreement, or similar agreement entered into on or after the Effective Date shall, as a condition to the grant of any benefit thereunder, require a Covered Executive Officer to agree to abide by the terms of this Policy.

 

2


To the extent necessary and where permitted by law, this Policy shall constitute an agreement to extend and to exclude the applicability of any statute of limitations (including, without limitation, the Limitations Act, 2002 (Ontario)) for recoupment by the Company of any Excess Incentive-Based Compensation or Incentive-Based Compensation.

This Policy shall be qualified by reference to the U.S. Clawback Rules. To the extent there is a conflict between this Policy and the U.S. Clawback Rules, or any interpretive question arises hereunder, the U.S. Clawback Rules shall control.

 

9.

No Impairment of Other Remedies

Any recoupment under this Policy is in addition to, and not in lieu of, any other remedies or rights of recoupment that may be available to the Company under applicable law, including, without limitation, (i) dismissing the Covered Executive Officer, (ii) adjusting the future compensation of the Covered Executive Officer, or (iii) authorizing legal action or taking such other action to enforce the Covered Executive Officer’s obligations to the Company as it may deem appropriate in view of all of the facts and circumstances surrounding the particular case; provided, however, that any amounts recouped under any law or other policy (including the Wrongful Acts Clawback Policy) that would be recoverable under this Policy shall count toward any required recoupment under this Policy and vice versa, in each case without duplication.

 

10.

Impracticability

The Board shall recover any Excess Incentive-Based Compensation in accordance with this Policy unless such recovery would be impracticable, as determined by the majority of the independent directors serving on the Compensation Committee of the Board (or in its absence, the majority of the independent directors serving on the Board) in accordance with the U.S. Clawback Rules.

 

11.

Successors

This Policy shall be binding and enforceable against all Covered Executive Officers and their beneficiaries, heirs, executors, administrators or other legal representatives.

 

3

EX-99.1 - ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2023
USDUSDUSDUSDUSDUSDUSDCADUSDUSDUSDUSDUSDUSDCADP1Y
Exhibit 99.1
 
 
Annual Report 2023
March 7, 2024
 
 
 
 

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Information in this annual report is provided as of March 6, 2024, unless otherwise indicated.
Certain statements in this annual report are forward-looking. These forward-looking statements are based on certain assumptions and reflect our current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of the factors that could cause actual results to differ materially from current expectations are discussed in the “Risk Factors” section of this annual report as well as in materials that we from time to time file with, or furnish to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of the date of this annual report. Except as may be required by applicable law, we disclaim any intention or obligation to update or revise any forward-looking statements.
The following terms in this annual report have the following meanings, unless otherwise indicated:
 
 Term
  
Definition
 AI
   Artificial intelligence
 “Big 3” segments
   Our combined Legal Professionals, Corporates and Tax & Accounting Professionals segments
 Blackstone’s consortium
   The Blackstone Group and its subsidiaries, and private equity funds affiliated with Blackstone
 bp
   Basis points – one basis point is equal to 1/100th of 1%,“100bp” is equivalent to 1%
 Change Program
   A
two-year
initiative, completed in December 2022, that focused on transforming our company from a holding company to an operating company and from a content provider into a content-driven technology company
 constant currency
   A
non-IFRS
measure derived by applying the same foreign currency exchange rates to the financial results of the current and equivalent prior-year period
 COVID-19
   A novel strain of coronavirus that was characterized a pandemic by the World Health Organization in March 2020
 EPS
   Earnings per share
 IFRS
   International Financial Reporting Standards
 LSEG
   London Stock Exchange Group plc
 ML
   Machine learning
 n/a    Not applicable
 n/m
   Not meaningful
 organic or organically
   A
non-IFRS
measure that represents changes in revenues of our existing businesses at constant currency. The metric excludes the distortive impacts of acquisitions and dispositions from not owning the business in both comparable periods
 Refinitiv
   Our former Financial & Risk business, which is now the Data & Analytics business of LSEG. We owned 45% of Refinitiv from October 1, 2018 through January 29, 2021.
 Woodbridge
   The Woodbridge Company Limited, our principal and controlling shareholder
 YPL
   York Parent Limited, the entity that owns LSEG shares, which is jointly owned by our company and the Blackstone consortium. References to YPL also include its subsidiaries. YPL was previously known as Refinitiv Holdings Limited prior to the sale of Refinitiv to LSEG on January 29, 2021.
 $ and US$
   U.S. dollars
Non-IFRS
financial measures are defined and reconciled to the most directly comparable measure in the “Management’s Discussion and Analysis” section of this annual report. See Appendix A of the Management’s Discussion and Analysis for a description of our
non-IFRS
financial measures, including an explanation of why we believe they are useful measures of our performance. See Appendices B and C of the Management’s Discussion and Analysis for reconciliations of our
non-IFRS
financial measures to the most directly comparable IFRS measures.
Non-IFRS
measures do not have standardized meanings prescribed by IFRS and therefore are unlikely to be comparable to the calculation of similar measures used by other companies and should not be viewed as alternatives to measures of financial performance calculated in accordance with IFRS.
For information regarding our disclosure requirements under applicable Canadian and U.S. laws and regulations, please see the “Cross Reference Tables” section of this annual report.
Information contained on our website or any other websites identified in this annual report is not part of this annual report. All website addresses listed in this annual report are intended to be inactive, textual references only. The Thomson Reuters logo and our other trademarks, trade names and service names mentioned in this annual report are the property of Thomson Reuters.
Front cover photo credit: REUTERS/Issam Abdallah.
 
 
 

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Table of Contents
 
     2  
     2  
     5  
     5  
     6  
     6  
     6  
     7  
     7  
     9  
     9  
     9  
     10  
     10  
     10  
     11  
     11  
     12  
     13  
     18  
     19  
     36  
     100  
     173  
     173  
     176  
     180  
     181  
     182  
     182  
     183  
     184  
     185  
     185  
     186  
     186  
     187  
     188  
     189  
     190  
     191  
     191  
     195  
     196  
     196  
     198  
     198  
     199  
 
 
 
Page 1

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Business
Overview
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. Thomson Reuters shares are listed on the Toronto Stock Exchange and New York Stock Exchange (symbol: TRI). Our website is
tr.com
.
We are organized in five reportable segments reflecting how we manage our businesses:
 
 
Legal Professionals
 
Serves law firms and governments with research and workflow products, focusing on intuitive legal research powered by emerging technologies, including generative AI, and integrated legal workflow solutions that combine content, tools and analytics.
 
 
Corporates
 
Serves corporate customers from small businesses to multinational organizations, including the seven largest global accounting firms, with our full suite of content-driven technologies, including generative AI, providing integrated workflow solutions designed to help our customers digitally transform and achieve their business outcomes.
 
 
Tax & Accounting Professionals
 
Serves tax, accounting and audit professionals in accounting firms (other than the seven largest, which are served by our Corporates segment) with research and workflow products, focusing on intuitive tax offerings and automating tax workflows.
 
 
Reuters News
 
Supplies business, financial and global news to the world’s media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial market professionals exclusively via LSEG products.
 

 
Global Print
 
Provides legal and tax information primarily in print format to customers around the world.
Our businesses are supported by a corporate center that manages our commercial and technology operations, including those around our sales capabilities, digital customer experience and product and content development, as well as our global facilities. We also centrally manage functions such as finance, legal and human resources.
Our Business Model and Key Operating Characteristics
We derive most of our revenues from selling information and software solutions, primarily on a recurring subscription basis. Our solutions blend deep domain knowledge with software and automation tools. We believe our workflow solutions make our customers more productive by streamlining how they operate, enabling them to focus on higher value activities. Many of our customers use our solutions as part of their workflows, which has led to strong customer retention. We believe that our customers trust us because of our history and dependability and our deep understanding of their businesses and industries, and they rely on our services for navigating a rapidly changing and increasingly complex digital world. Over the years, our business model has proven to be capital efficient and cash flow generative, and it has enabled us to maintain leading and scalable positions in our chosen market segments.
 
 
 
Page 2

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Some of our key business and operating characteristics are:
 
Attractive
Industry
 
·
   Currently our “Big 3” segments operate in an estimated $26
 billion market expected to grow between 7% and 10% over the next 5 years
 
·
   Legal, Tax & Risk markets are prime for content-driven innovation
  
Balanced and Diversified Leadership
 
·
   A leader in key Legal Professionals, Corporates, Tax & Accounting Professionals and News segments
 
·
   Resilient businesses, historically stable, through periods of macroeconomic uncertainty
 
·
   Approximately 500,000 customers; largest customer is approximately 5% of revenues*
  
Attractive Business
Model
 
·
   80% of revenues are recurring
 
·
   Fixed cost model supports long-term operating leverage
 
·
   Strong and consistent cash generation capabilities
  
Strong Competitive Positioning
 
·
   Proprietary content plus data and human expertise combined with AI and ML are key differentiators
 
·
   Products deeply embedded in customers’ daily workflows
 
·
   91% retention rate
  
Disciplined Financial Policies
 
·
   Focused and incentivized on organic revenue growth and free cash flow growth
 
·
   Balance investing in business and returning capital to shareholders
 
·
   Committed to maintaining investment grade rating with stable capital structure
 
·
   Significant potential capital capacity affords optionality
 
*
The news agreement with the Data
 & Analytics business of LSEG.
Three-Year History
 
·
 
 
2021
 – We initiated a
two-year
Change Program with a goal to drive growth and efficiency by transitioning our company from a holding company into an operating company, and from a content provider into a content-driven technology company. In 2021, we and private equity funds affiliated with Blackstone closed the sale of Refinitiv to LSEG. For additional information about the transaction, please see the “Additional Information – Investment in LSEG” section of this annual report.
 
·
 
 
2022
 – Our
two-year
Change Program was completed by the end of 2022. We achieved $540 million of annualized
run-rate
operating expense savings and made significant progress transforming Thomson Reuters into a more streamlined and scalable business that we believe has a strong foundation for sustainable future growth. In 2022, LSEG repurchased approximately 1.2 million ordinary shares from YPL under a buyback program announced by LSEG in August 2022. We received proceeds of $43 million, for approximately 0.5 million shares, related to our portion of the buyback. For additional information about the transaction, please see the “Additional Information – Investment in LSEG” section of this annual report. In 2022, we also launched Westlaw Precision, a new version of Westlaw designed to dramatically improve research speed and quality by enabling lawyers to target precisely what they are looking for.
 
·
 
 
2023
 – In 2023, we made significant investments in
AI-based
initiatives, including generative AI. In November 2023, we announced a series of generative AI initiatives designed to assist in the transformation of the legal profession. Most notably, the commercial releases of
AI-Assisted
Research on Westlaw Precision and CoCounsel Core AI Assistant for lawyers. In 2023, we further deepened our focus on content-enabled technology with the acquisitions of SurePrep, LLC, Imagen Ltd., Casetext, Inc., and the remaining interest in Westlaw Japan.
 
For additional information about our 2023 acquisitions, please see “Additional Business Information – Acquisitions and Dispositions” section of this annual report. Additionally, in 2023, we received gross proceeds of $5.4 billion, which included the settlement of foreign exchange contracts, from the sale of approximately 56 million LSEG shares. For additional information about the transaction, please see “Additional Information – Investment in LSEG” section of this annual report.
 
During 2023, we returned $2.0 billion from the gross proceeds of our disposition of LSEG shares to shareholders through a return of capital transaction. We also repurchased approximately $1.1 billion of our common shares through our various normal course issuer bid buyback programs.
 
 
 
Page 3

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
2023 Financial Highlights and Accomplishments
In 2023, we made significant progress delivering generative
AI-powered
solutions, including the launch of
AI-Assisted
Research on Westlaw Precision, as well as expanded features and design enhancements across our product portfolio. We invested $1.2 billion in four acquisitions, and in January 2024, we acquired a majority interest in Pagero Group AB (publ), an
e-invoicing
leader. These content-enabled technology acquisitions use automation, AI and ML with an aim to improve the workflows of our customers, and they improve the quality and growth prospects of our portfolio.
Relative to our financial results, we met or exceeded the targets for all our financial metrics, including organic revenue growth, adjusted EBITDA margin and free cash flow, as set out in our 2023 outlook, which was last updated in November 2023. Total company revenues increased 3% despite the loss of revenues from divested businesses. Organic revenues increased 6% driven by 6% growth in recurring revenues. Organic revenues for our “Big 3” segments increased 7%. Our adjusted EBITDA margin rose 420bp to 39.3% driven by higher revenues and lower costs, the latter of which reflected Change Program investments made in the prior years. We generated net cash from our operating activities and free cash flow of $2.3 billion and $1.9 billion, respectively.
Our capital capacity and liquidity remain a key asset. In 2023, we received gross proceeds of $5.4 billion from the sale of approximately 56 million LSEG shares and returned $3.1 billion to shareholders through our return of capital transaction and share repurchases. On February 8, 2024, we announced a 10% or $0.20 per share annualized increase in our dividend to $2.16 per common share. This represents our 31
st
consecutive annual dividend increase, and the third consecutive year we increased our annual dividend by 10%.
 
Below are revenue highlights for our company and our business segments for the year ended December 31, 2023. For additional information about the results of operations for the company and its business segments, please see the “Management’s Discussion and Analysis” section of this annual report.
Organic revenue growth, adjusted EBITDA margin, free cash flow as well as all financial measures for our “Big 3” segments are
non-IFRS
measures. Please see the “Management’s Discussion and Analysis” section of this annual report for additional information about our
non-IFRS
measures, including how they are defined and reconciled to the most directly comparable IFRS measure.
 
 
 
Page 4

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
2024 Key Priorities
We strive to be a world leading content-driven technology company that empowers professionals to navigate legal, tax, accounting, compliance, government, and media environments. In 2023, we made significant progress delivering generative
AI-powered
solutions, including the launch of
AI-Assisted
Research on Westlaw Precision and CoCounsel Core
 AI Assistant
, as well as expanded features and design enhancements across our product portfolio.
In 2024, we will remain focused on allocating capital to drive long-term shareholder value creation. We plan to continue employing a “build, partner and buy” approach to grow our business. Specifically, we plan to accelerate our investment in generative AI through a robust product roadmap for both our tax and legal products that positions us to meet our customers’ evolving needs. We expect to leverage our recent acquisitions to build our product portfolio and capabilities. We also plan to expand our generative AI capabilities to international markets. As we modernize our products, we will maintain our focus on the stability and security of our offerings. We also plan to continue our work to improve our customer experience.
Customer Segments
Our business is a customer-focused structure organized in five reportable customer segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News and Global Print. This structure allows us to focus on the customer and partner with them to solve challenges that they face in their businesses. For additional information about the results of operations of our customer segments, please see the “Management’s Discussion and Analysis” section of this annual report.
Legal Professionals
Our Legal Professionals segment serves law firms and governments with research and workflow products, focusing on intuitive legal research powered by emerging technologies, including generative AI, and integrated legal workflow solutions that combine content, tools and analytics. The following provides a summary of Legal Professionals’ 2023 revenues by type of customer.
 
 
Legal Professionals’ primary global competitors are LexisNexis (which is owned by RELX Group) and Wolters Kluwer. Legal Professionals also competes with Bloomberg Industry Group and other companies that provide legal and regulatory information, legal workflow and drafting software providers, and client development providers and other service providers and
start-ups
that support legal professionals.
 
 
 
Page 5

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Corporates
Our Corporates segment serves corporate customers from small businesses to multinational organizations, including the seven largest global accounting firms, with our full suite of content-driven technologies, including generative AI, providing integrated workflow solutions designed to help our customers digitally transform and achieve their business outcomes. The following provides a summary of Corporates’ 2023 revenue by type of customer.
 
 
Corporates’ primary global competitors are Wolters Kluwer, Bloomberg and LexisNexis. Corporates also competes with focused software providers such as Avalara, Mitratech, Vertex and Sovos and at times with large technology companies as well as the largest global accounting firms.
Tax & Accounting Professionals
Our Tax & Accounting Professionals segment serves tax, accounting and audit professionals (other than professionals in the largest seven accounting firms, which are served by our Corporates segment) with research and workflow products, focusing on intuitive tax offerings and automating tax workflows. The following provides a summary of Tax & Accounting Professionals’ 2023 revenues by type of customer.
 
 
Tax & Accounting Professionals’ competitors include the CCH business of Wolters Kluwer, Bloomberg Industry Group, Intuit, Drake Software, CaseWare and Sage. Tax & Accounting Professionals also competes with software
start-ups
that serve tax, accounting and audit professionals. Tax & Accounting Professionals also competes with software
start-ups
that serve tax, accounting and audit professionals.
Reuters News
Reuters is the world’s leading provider of trusted news, insight and analysis, reaching billions of people worldwide every day. Founded in 1851, it brings together world-class journalism, industry expertise and cutting-edge technology with unparalleled speed, reliability and accuracy to enable people to make better decisions. Reuters is committed to the Thomson Reuters Trust Principles, including that of independence, integrity and freedom from bias, and is an essential source of business, financial and world news delivered to financial market professionals exclusively via LSEG products, to the world’s media organizations, and to professionals via industry events and Reuters.com.
In 2023, Reuters delivered approximately 3.9 million unique news stories, 800,000 pictures and images and 134,000 video stories, and numerous industry events.
 
 
 
Page 6

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
For more information on the Thomson Reuters Trust Principles, please see the “Additional Information – Material Contracts – Thomson Reuters Trust Principles and Thomson Reuters Founders Share Company” section of this annual report.
Reuters primary competitors include Bloomberg, the Associated Press, Agence France-Presse and Getty.
Global Print
Global Print is a leading provider of information, primarily in print format, to legal and tax professionals, government (including federal, state, and local government lawyers and judges), law schools and corporations. The business serves customers in the United States, Canada, the United Kingdom, Europe, Australia, Asia and Latin America. Global Print’s primary global competitors are LexisNexis and Wolters Kluwer.
Key Brands
Our customer-focused structure enables us to have broader conversations with our customers, with a more cohesive
go-to-market
approach. We believe that this focus will create opportunities to cross sell more of our products and services across their organizations, increase sales to existing customers, improve retention, and attract new customers. The following table provides information about our key brands and the target customer for each brand.
 
Brand
  
Type of Product/Service
  
Legal
Professionals
  
Corporates
  
Tax &
Accounting
Professionals
Westlaw
Westlaw Edge (U.S., U.K. & Canada)
Westlaw Precision (U.S)
Sweet & Maxwell (U.K.)
La Ley (Argentina)
  
Legal, regulatory and compliance information-based products and services.
 
Westlaw is our primary online legal research delivery platform. Westlaw offers authoritative content, powerful search functionality and research organization, team collaboration features and navigation tools to find and share specific points of law and search for analytical commentary. Westlaw employs proprietary, innovative technology including generative AI.
 
Localized versions of online legal research services are provided in Argentina, Australia, Brazil, Canada, Chile, Ireland, Japan, New Zealand, the United Kingdom, United States, Uruguay and other countries. Through Westlaw International, Westlaw Asia and Westlaw Middle East, we offer our online products and services to customers in markets where we do not offer a fully localized Westlaw service.
  
  
    
Practical Law
Practical Law Connect
Practical Law Dynamic Tool Set
  
Legal
know-how,
current awareness and workflow tools with embedded guidance from expert practitioners. Practice notes, standard documents, checklists and What’s Market tools cover a wide variety of practice areas such as commercial, corporate, labor and employment, intellectual property, finance and litigation. Practical Law currently has localized product offerings in the United Kingdom, United States, Canada, and Australia. Through Practical Law Global and our local Practical Law offerings, we offer our online products and services to customers in markets where we do not have a fully localized service.
  
  
    
CoCounsel
CoCounsel Core
  
Solutions delivering integrated content and generative AI into workflows for legal professionals.
  
  
    
 
 
 
Page 7

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Brand
  
Type of Product/Service
  
Legal
Professionals
  
Corporates
  
Tax &
Accounting
Professionals
CLEAR
CLEAR Risk Inform
CLEAR ID Confirm
CLEAR Adverse Media Sanctions
PeopleMap
  
Public and proprietary records about individuals and companies with tools for immediately usable results.
  
  
    
HighQ
  
Cloud-based collaboration and workflow platform for the legal and regulatory market segment.
  
 
  
 
    
Document Intelligence
  
Contract and document analysis tool powered by artificial intelligence.
  
 
  
 
    
Drafting Assistant
  
Integrated solution to streamline the drafting process for legal documents.
  
 
  
 
    
Case Center
  
Cloud-based evidence-sharing platform for sharing documents and multimedia between justice agencies for trial preparation and courtroom presentation.
  
 
         
Fraud Analytics
Fraud Detect
ID Risk Analytics
Case Tracking
  
A suite of data and analytics solutions to help auditors, investigators and managers detect fraud, waste and abuse in healthcare and large government subsidy programs.
  
  
    
Checkpoint
Checkpoint Edge (U.S. & Canada)
  
Integrated tax, audit and accounting research solution that delivers news, editorial insights, authoritative content and linked primary sources integrated throughout Thomson Reuters workflow productivity tools, applications and software.
  
  
  
FindLaw
  
Online legal directory, website creation and hosting services, law firm marketing solutions and peer rating services.
  
 
         
Legal Tracker
  
Online spend and matter management,
e-billing,
legal analytics services, and document storage, search and retrieval.
       
    
Regulatory Intelligence
  
Information and software products that provide a single source for regulatory news, analysis, rules and developments, with global coverage of more than 400 regulators and exchanges.
       
    
ONESOURCE
ONESOURCE Global Trade
  
Global cloud-based tax and trade solutions that reduce risk and regulatory complexity, improving the accuracy of a company’s entire tax or trade lifecycle. Integrating openly with existing technology and ecosystem solutions to manage direct and indirect tax compliance, indirect tax determination, statutory reporting, trust taxation, tax information reporting, tax planning, trade compliance, trade operations, trade special programs, trade regulatory content and overall data and process management.
       
  
Confirmation
  
Cloud-based platform to automate the workflow of the confirmations process of an audit. Used by a global network of audit firms, banks and law firms to increase efficiency and reduce risk.
       
  
 
 
 
Page 8

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Brand
  
Type of Product/Service
  
Legal
Professionals
  
Corporates
  
Tax &
Accounting
Professionals
Dominio
   Accounting management and tax management software solutions for accounting firms, and micro and small companies in Brazil.   
 
  
 
  
 
Cloud Audit Suite
  
End-to-end
solution providing accuracy and efficiency throughout the audit process through a suite of tools including; engagement management and trial balance capabilities, guided assurance with assisted decision making, online confirmations and embedded disclosure examples. Its cloud-based technology offers the ability to work from anywhere, collaborate with colleagues in real time, and securely access audit data.
  
 
  
 
  
UltraTax & CS Professional Suite
   Scalable, integrated suite of desktop and online software applications that encompass key aspects of a professional accounting firm’s operations, from collecting customer data and posting finished tax returns to the overall management of the accounting practice.   
 
  
 
  
SurePrep
  
Software and services that automate tax preparation supporting a digital tax workflow for accounting firms and their clients. Solutions TaxCaddy, 1040SCAN and SPbinder streamline the entire 1040 tax process for tax professionals and taxpayers.
  
 
  
  
Additional Business Information
Corporate
Our corporate center seeks to foster a group-wide approach to management while allowing our business segments sufficient operational flexibility to serve their customers effectively. Our corporate center centrally manages our Operations & Technology group, as described below, our commercial operations, and certain functions such as finance, legal and human resources.
Operations & Technology
Our Operations & Technology group includes
product engineering
, our Chief Information Officer organization, data & analytics, digital transformation, customer service & support, procurement, real estate management, risk & compliance, collections and content operations. We believe that Operations & Technology provides the foundation to enable and accelerate our progress towards our corporate strategy, allowing us to sharpen our focus on allocating the right resources to our growth priorities.
We believe we can make information more relevant, more targeted and deliver it faster to our customers through the smart use of technology. By using shared technology and working across our businesses, we are making our data more accessible and valuable for our customers, no matter how they access it. We are increasingly shifting more of our software from being
on-premise
installations to
software-as-a-service
(SaaS) or cloud-based offerings that provide customers with access via the internet.
We believe that we are continually transforming our content, products and services to better meet our customers’ needs, while focusing on securing our customer data and global systems as we implement and enhance our security programs.
We also continue to operate Thomson Reuters Labs, the dedicated applied research division of Thomson Reuters – an integral enabler of our AI strategy.
 
 
 
Page 9

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Research and Development
Innovation is essential to our success and is one of our primary bases of competition. Our research and development focus is part of Thomson Reuters Labs, which has played a pivotal role in AI development and delivery for our products and customers for over 30 years. The team has a rich history in applied research activities focused on exploring cutting-edge technologies applied to concrete business problems. We ensure Thomson Reuters and our customers stay ahead in an ever-changing world with tools and human expertise enhanced by AI ingenuity.
We are driven by our customers’ need for trustworthy information. We innovate in the following primary focus areas: AI, generative AI, language models, natural language processing (NLP), AI ethics and bias mitigation, AI operations (ML Ops) and systematic evaluation and implementation of Human-Centered AI (HCAI) solutions.
Our research ethos keeps us at the driving edge of how emerging technologies like deep learning, generative AI and language models can be applied to the distinct challenges of the industries and customers that we serve. We believe that we are uniquely positioned to combine these technologies with the intelligence and human expertise that our customers need to find trusted answers. The work of Thomson Reuters Labs is at the heart of our ambition to become the world’s leading content-driven technology company.
Digital Transformation
We have been a pioneer of digital product development for decades. As part of our customer experience transformation, we are creating a more holistic online experience, making it easier for our customers to find, try, buy, renew and manage our products by interacting digitally with Thomson Reuters. In 2023, we leveraged AI to improve our digital customer journey, increased our share of small and
medium-sized
business digital sales and renewals, and continued to enhance our online support tools. We continue to invest in online self-serve capabilities that allow customers to manage their accounts and get quick access to support and service in their channel of choice.
Sales and Marketing, Partnerships and APIs
We primarily sell our products and services directly to our customers. In addition, we sell some of our products and services online directly to customers. Focusing more of our marketing and sales efforts on digital propositions has allowed us to broaden our range of customers and reduce sales and marketing costs.
Some of our products and services are also sold in partnership with third-parties and authorized resellers. Centralizing our team to manage partnerships has accelerated the growth of our partner ecosystem, which has provided expanded market opportunities and revenue streams. Our successful commercial partnership with SurePrep, LLC and Pagero Group AB (publ) provided us with confidence in the strategic and cultural fit of both businesses at Thomson Reuters and ultimately supported our acquisition thesis, as discussed in the “Acquisitions and Dispositions” section below. Continuing to develop our partner ecosystem is a key strategic lever for growth.
Application Program Interfaces (APIs) allow our software platforms to connect with those of other companies, providing customers with data and access to services of both companies. We believe this will open new channels, business models and product offerings and will help grow our partner ecosystem. In 2024, we plan to continue expanding our API ecosystem to improve the experience of existing and new customers. As our capabilities related to APIs continue to grow, we believe it will enable us to further integrate our content and technology into our partners’ solutions and customers’ workflows.
 
 
 
Page 10

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Intellectual Property
Many of our products and services are comprised of information, including originally authored content, delivered through a variety of channels. Our principal intellectual property (IP) assets are intended to protect these products and services, as well as the underlying content. In particular, we rely on patents and trade secrets, which protect the innovative ways that help create and deliver our content, trademarks, which protect our valuable brands, and copyrights, which protect our proprietary content, databases and source code underpinning our software. We believe that our IP is sufficient to permit us to carry on our business as presently conducted. We continue to grow our patent portfolio by applying for and receiving patents for our innovative technologies globally, as well as continuing to acquire patents through the acquisition of companies. We have registered a number of website domain names in connection with our online operations and protect our global trademarks and copyrights through continued registrations, where appropriate, and enforcement against third-parties who threaten to infringe our trademarks and copyrights.
Acquisitions and Dispositions
Acquisitions -
Acquired businesses can strengthen our offerings and enable us to extend our platform with new capabilities that we believe will provide opportunities to expand our positions, better serve our customers and supplement our organic revenue growth. Generally, the businesses that we acquire initially have lower margins than our existing businesses, largely reflecting the costs of integration.
In January 2023, we acquired SurePrep, LLC, a
US-based
leader in 1040 tax automation software and services. In July 2023, we acquired Imagen Ltd., a cloud-native media asset management company. In August 2023, we acquired Casetext, Inc. a California-based provider of AI technology for legal professionals. In November 2023, we acquired full ownership of the Westlaw Japan business, a leading provider of legal information services in Japan and previously a Thomson Reuters’ joint venture initiative. In addition, during 2023, our Thomson Reuters Ventures Fund, which was launched in 2021 with the authority to invest up to $100 million, made several investments to support companies that are building innovations to allow professionals to operate more productively and with greater insights.
More recently, in January 2024, we announced a public tender offer to acquire 100% of the shares of Pagero Group AB (publ), a publicly traded Swedish company and a global leader in
e-invoicing
and indirect tax solutions. As of March 4, 2024, we have acquired a 99.46% interest in Pagero Group AB (publ). In addition, in January 2024, we acquired World Business Media Limited, a cross-platform and subscription-based provider of editorial coverage for the global P&C and specialty (re)insurance industry.
We expect that acquisitions will continue to play an important role in our strategy going forward and we expect to continue to make tactical acquisitions from time to time that we believe will strengthen our positions in key growth segments. We also expect proceeds from sales of our remaining LSEG shares after the expiration of the remaining
lock-up
provisions will provide us with future options for tactical acquisitions and shareholder returns. See the “Liquidity and Capital Resources” section of the management’s discussion and analysis for additional information about our capital strategy.
Dispositions
 –
 As part of our continuing strategy to optimize our portfolio of businesses and ensure that we are investing in parts of our business that offer the greatest opportunities to achieve growth and returns, we have sold a number of
non-core
businesses and product lines during the last several years which are not compatible with our strategy. In June 2023, we sold a majority stake in our Elite business to private equity firm TPG Inc.
For more information on acquisitions and dispositions that we made in the last two years, please see the “Management’s Discussion and Analysis” section of this annual report.
 
 
 
Page 11

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Human Capital Management
Employees
The following table sets forth information about our employees as of December 31, 2023.
 
By Region
  
 
 
 
Americas
  
 
14,500
 
Asia Pacific
  
 
7,800
 
Europe, Middle East and Africa (EMEA)
  
 
3,300
 
By Unit
  
 
 
 
Legal Professionals
  
 
1,000
 
Corporates
  
 
1,100
 
Tax & Accounting Professionals
  
 
1,400
 
Global Print
  
 
800
 
Reuters News
  
 
3,500
 
Product & Editorial
  
 
3,400
 
Operations & Technology
  
 
8,700
 
Corporate Center (Enabling Functions)
  
 
1,400
 
Commercial Functions
(1)
  
 
1,200
 
Other
(2)
  
 
3,100
 
Thomson Reuters
  
 
25,600
 
(1) Reflects employees in Marketing, Commercial Excellence and Strategy.
(2) Reflects employees in our Latin America, Asia and Emerging Markets and Government businesses.
We believe that we generally have good relations with our employees, unions and works councils, although we have had disputes from time to time with the various unions that represent some of our employees. Our senior management team is committed to maintaining good relations with our employees, unions and works councils.
Overview
Our human capital practices and initiatives are designed to attract, develop and retain talented employees across all of our businesses around the globe, and ensure they feel valued, are provided with opportunities to grow, and are driven to succeed. We focus on a variety of human capital topics, such as compensation and benefits, culture and employee engagement, talent acquisition/development, and diversity and inclusion. Over the last few years, oversight of human capital management has also been a key focus area for our Board of Directors.
Our talent priorities continue to focus on addressing shifting organizational needs and business realities. In an
AI-enabled
world, jobs are changing rapidly and continuously. Our talent strategy in turn must also be agile, flexible and proactive. Our focus is on helping employees build skills necessary for an
AI-enabled
future and supporting their career growth. We will be doing more to identify, articulate and build critical skills and make a “skills-first” approach the basis for our talent decisions, development, and internal mobility efforts.
This past year we launched a series of company-wide quarterly Learning Days, the first of which focused on AI awareness and experimentation and saw thousands of participants. This became the foundation of our AI learning, which was supplemented by curated learning courses, guidance on using AI tools, and opportunities for experimentation including global AI idea challenges and hackathons. We will continue the investments in AI upskilling and Learning Days in 2024.
 
 
 
Page 12

Table of Contents
Thomson Reuters Annual Report 2023
 
 
 
 
Another area of focus has been building cross-cultural understanding, driven by our organization’s global footprint and teams that span multiple locations and time zones, as well as increased diversity in general. This includes courses to educate colleagues about specific cultures, including workplace norms and practices, as well as opportunities to build language skills. Manager training is also crucial for promoting healthy and respectful work environments. We also continued to educate managers and teams on hybrid and remote work best practices, with our Remote at TR employee group gaining over 1,000 members.
While we voluntarily publish numerous human capital-related metrics and data in our securities filings and on our website (notably in our Social Impact & ESG Report), some metrics and data are not publicly disclosed due to competitive considerations.
We expect that human capital management will continue to be an important focus area in the future for management and the Board because it ensures solid stewardship of our organization, supports important societal objectives, and is key to ensuring strategic advantage in the marketplace.
For additional information regarding some of our human capital management practices, please see the “Environmental, Social and Governance (ESG)” section below.
Environmental, Social and Governance (ESG)
Our company is dedicated to serving institutions and businesses that keep the wheels of commerce turning, uphold justice and taxation systems, fight fraud, support law enforcement and report on world events with impartiality, as an important source of unbiased news globally. In these and many other ways, we aspire to strengthen the foundat