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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Presentation Of Leases For Lessee [Abstract] |
Schedule of Estimated Useful Life of Right of Use Assets | Our consolidated estimated useful life of ROU assets as at December 31, 2019 are estimated as follows:
Sites |  | 1 – 30 years
International leased circuits |  | 5 – 7 years
Poles |  | 1 – 10 years
Domestic leased circuits |  | 5 – 10 years
Office buildings |  | 1 – 15 years
Co-located sites |  | 7 years
Schedule of Changes in Right of Use Assets | Our consolidated rollforward analysis of this account as at December 31, 2019 are as follows:
|  | Site |  |  | International Leased Circuits |  |  | Poles |  |  | Domestic Leased Circuits |  |  | Office Buildings |  |  | Co-located Sites |  |  | Total |
|  | (in million pesos) |
Costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year (as previously stated) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Effect of adoption of IFRS 16 (Notes 2 and 29) |  |  | 8,980 |  |  |  | 3,779 |  |  |  | 607 |  |  |  | 551 |  |  |  | 298 |  |  |  | 11 |  |  |  | 14,226 |
Balances at beginning of the year (as restated) |  |  | 8,980 |  |  |  | 3,779 |  |  |  | 607 |  |  |  | 551 |  |  |  | 298 |  |  |  | 11 |  |  |  | 14,226 |
Additions (Note 29) |  |  | 3,506 |  |  |  | 562 |  |  |  | 100 |  |  |  | 489 |  |  |  | 413 |  |  |  | 2 |  |  |  | 5,072 |
Asset retirement obligation |  |  | 1,679 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 124 |  |  |  | — |  |  |  | 1,803 |
Modifications |  |  | 319 |  |  |  | — |  |  |  | 19 |  |  |  | 174 |  |  |  | 91 |  |  |  | (2 | ) |  |  | 601 |
Termination |  |  | (72 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (20 | ) |  |  | — |  |  |  | (92 | )
Balances at end of the year |  |  | 14,412 |  |  |  | 4,341 |  |  |  | 726 |  |  |  | 1,214 |  |  |  | 906 |  |  |  | 11 |  |  |  | 21,610 |
Accumulated depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year (as previously stated) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Effect of adoption of IFRS 16 (Note 2) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balances at beginning of the year (as restated) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Termination |  |  | 44 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |  |  |  | 58 |
Modifications |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 1 |  |  |  | 4 |
Charges from asset retirement obligation |  |  | (1,297 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (92 | ) |  |  | — |  |  |  | (1,389 | )
Depreciation (Notes 2 and 3) |  |  | (2,673 | ) |  |  | (834 | ) |  |  | (340 | ) |  |  | (186 | ) |  |  | (358 | ) |  |  | (2 | ) |  |  | (4,393 | )
Balances at end of the year |  |  | (3,926 | ) |  |  | (834 | ) |  |  | (340 | ) |  |  | (183 | ) |  |  | (436 | ) |  |  | (1 | ) |  |  | (5,720 | )
Net book value at end of the year (Note 2) |  |  | 10,486 |  |  |  | 3,507 |  |  |  | 386 |  |  |  | 1,031 |  |  |  | 470 |  |  |  | 10 |  |  |  | 15,890 |
Summary of Amounts Recognized in Consolidated Income Statement | The following amounts are recognized in our consolidated income statement for the year ended December 31, 2019:
|  | (in million pesos) |
Depreciation expense of ROU assets (Notes 2 and 3) |  |  | 4,393 |
Interest expense on lease liabilities (Notes 2 and 5) |  |  | 1,061 |
Variable lease payments (included in general and administrative expenses) |  |  | 708 |
Expenses relating to short-term leases (included in general and administrative expenses) |  |  | 378 |
Expenses relating to leases of low-value assets (included in general and administrative expenses) |  |  | 204 |
Total amount recognized in consolidated income statement |  |  | 6,744 |
Schedule of Changes in Lease Liabilities | Our consolidated rollforward analysis of lease liabilities as at December 31, 2019 are as follows:
|  | (in million pesos) |
Balances at beginning of the year (as previously stated) |  |  | — |
Effect of adoption of IFRS 16 (Notes 2 and 29) |  |  | 15,233 |
Balances at beginning of the year (as restated) |  |  | 15,233 |
Additions (Note 29) |  |  | 5,065 |
Accretion expenses (Notes 2 and 5) |  |  | 1,061 |
Lease modifications |  |  | 463 |
Foreign exchange loss – net |  |  | (12 | )
Termination |  |  | (96 | )
Settlement of obligations (Note 2) |  |  | (5,399 | )
Balances at end of the year (Notes 2 and 3) |  |  | 16,315 |
Less current portion of lease liabilities (Notes 2 and 28) |  |  | 3,215 |
Noncurrent portion of lease liabilities (Notes 2 and 28) |  |  | 13,100 |
Summary of Operating Lease Commitments | The lease liabilities as at January 1, 2019 can be reconciled to the operating lease commitments as at December 31, 2018 follows:
|  | (in million pesos) |
Operating lease commitments as at December 31, 2018 |  |  | 22,674 |
Incremental borrowing rate as at January 1, 2019 |  | 7%-9% |
Discounted operating lease commitments as at January 1, 2019 |  |  | 10,571 |
Less: Commitments relating to short-term leases |  |  | (49 | )
Commitments relating to service contracts |  |  | (304 | )
Add: Payments in optional extension periods not recognized as at December 31, 2018 |  |  | 4,994 |
Prepayments and accrued expenses (IAS 17) |  |  | 21 |
Lease liabilities as at January 1, 2019 |  |  | 15,233 |
Future minimum rentals receivable under non-cancellable operating leases as at December 31, 2019 are as follows:
|  | (in million pesos) |
Within one year |  |  | 10 |
After one year but not more than five years |  |  | — |
More than five years |  |  | — |
|  |  | 10 |

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