XML 136 R75.htm IDEA: XBRL DOCUMENT v3.20.1
Operating Segment Information - Summary of Operating Segments (Detail) - PHP (₱)
₱ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disclosure Of Operating Segments [Line Items]      
Revenues ₱ 169,187 ₱ 162,914 ₱ 158,933
Service revenues (Note 5) 161,355 152,369 150,172
Non-service revenues (Note 5) 7,832 10,545 8,761
Depreciation and amortization (Notes 9 and 10) 39,656 47,240 51,915
Asset impairment 4,833 8,065 8,258
Interest income 1,745 1,943 1,412
Equity share in net earnings (losses) of associates and joint ventures (1,535) (87) 2,906
Financing costs – net 8,553 7,067 7,370
PROVISION FOR INCOME TAX (Note 7) 9,550 3,842 1,103
NET INCOME 22,786 18,973 13,466
Adjusted EBITDA ₱ 79,815 ₱ 64,027 ₱ 66,174
Adjusted EBITDA margin 49.00% 42.00% 44.00%
Core income (loss) ₱ 25,111 ₱ 25,855 ₱ 27,668
Operating assets 447,541 399,626 382,848
Investments in associates and joint ventures 53,863 55,427 46,130
Deferred income tax assets – net 23,623 27,697 30,466
TOTAL ASSETS 525,027 482,750 459,444
Operating liabilities 406,154 363,103 344,895
Deferred income tax liabilities (Note 7) 2,583 2,981 3,366
TOTAL LIABILITIES 408,737 366,084 348,261
Capital expenditures, including capitalized interest (Note 9) 72,871 58,490 40,299
External customers [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 169,187 162,914 158,933
Service revenues (Note 5) 161,355 152,369 150,172
Non-service revenues (Note 5) 7,832 10,545 8,761
Wireless [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 94,488 87,193 91,311
Service revenues (Note 5) 88,243 80,265 86,128
Fixed Line [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 74,699 74,593 66,396
Service revenues (Note 5) 73,112 71,020 62,818
Non-service revenues (Note 5) 1,587 3,573 3,578
Operating Segments [Member] | Wireless [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 96,906 89,929 92,612
Depreciation and amortization (Notes 9 and 10) 29,484 24,778 36,776
Asset impairment 1,133 3,319 6,104
Interest income 703 719 305
Equity share in net earnings (losses) of associates and joint ventures   62 (129)
Financing costs – net 6,422 1,865 2,247
PROVISION FOR INCOME TAX (Note 7) 4,423 1,333 (2,787)
NET INCOME 13,101 5,725 (2,215)
Adjusted EBITDA ₱ 52,789 ₱ 34,235 ₱ 36,395
Adjusted EBITDA margin 58.00% 41.00% 42.00%
Core income (loss) ₱ 13,685 ₱ 9,760 ₱ 9,812
Operating assets 287,059 230,182 211,983
Investments in associates and joint ventures 10    
Deferred income tax assets – net 13,102 16,879 18,826
TOTAL ASSETS 300,171 247,061 230,809
Operating liabilities 221,755 168,837 153,622
Deferred income tax liabilities (Note 7) 1,986 2,321 2,656
TOTAL LIABILITIES 223,741 171,158 156,278
Capital expenditures, including capitalized interest (Note 9) 30,718 32,248 27,305
Operating Segments [Member] | Wireless [Member] | External customers [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 94,488 87,193 91,311
Service revenues (Note 5) 88,243 80,265 86,128
Non-service revenues (Note 5) 6,245 6,928 5,183
Operating Segments [Member] | Wireless [Member] | Intersegment [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 2,418 2,736 1,301
Service revenues (Note 5) 2,418 2,736 1,301
Operating Segments [Member] | Fixed Line [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 89,406 85,222 78,341
Depreciation and amortization (Notes 9 and 10) 16,141 22,303 15,001
Asset impairment 3,699 4,746 2,098
Interest income 680 812 695
Equity share in net earnings (losses) of associates and joint ventures 568 171 44
Financing costs – net 5,078 5,195 5,106
PROVISION FOR INCOME TAX (Note 7) 5,341 1,336 3,680
NET INCOME 11,421 6,059 7,474
Adjusted EBITDA ₱ 33,162 ₱ 30,875 ₱ 29,478
Adjusted EBITDA margin 38.00% 38.00% 39.00%
Core income (loss) ₱ 12,531 ₱ 6,925 ₱ 8,846
Operating assets 198,468 199,557 174,217
Investments in associates and joint ventures 73,386 43,426 44,867
Deferred income tax assets – net 11,791 12,479 11,994
TOTAL ASSETS 283,645 255,462 231,078
Operating liabilities 229,855 206,812 196,451
Deferred income tax liabilities (Note 7) 384 482 286
TOTAL LIABILITIES 230,239 207,294 196,737
Capital expenditures, including capitalized interest (Note 9) 42,153 26,242 12,994
Operating Segments [Member] | Fixed Line [Member] | External customers [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 74,699 74,593 66,396
Service revenues (Note 5) 73,112 71,020 62,818
Non-service revenues (Note 5) 1,587 3,573 3,578
Operating Segments [Member] | Fixed Line [Member] | Intersegment [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues 14,707 10,629 11,945
Service revenues (Note 5) 14,707 10,628 11,939
Non-service revenues (Note 5)   1 6
Operating Segments [Member] | Others [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues   1,138 1,239
Depreciation and amortization (Notes 9 and 10)   159 138
Asset impairment 1   56
Interest income 362 536 655
Equity share in net earnings (losses) of associates and joint ventures (2,103) (320) 2,991
Financing costs – net   131 214
PROVISION FOR INCOME TAX (Note 7) (444) 1,173 210
NET INCOME (1,769) 7,971 8,825
Adjusted EBITDA (101) (2,688) (1,307)
Core income (loss) (1,151) 9,952 9,628
Operating assets 7,943 30,962 34,504
Investments in associates and joint ventures 9,897 12,001 1,263
Deferred income tax assets – net (711) (1,119)  
TOTAL ASSETS 17,129 41,844 35,767
Operating liabilities 833 16,773 13,624
Deferred income tax liabilities (Note 7) 252 367 424
TOTAL LIABILITIES 1,085 17,140 14,048
Operating Segments [Member] | Others [Member] | External customers [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues   1,128 1,226
Service revenues (Note 5)   1,084 1,226
Non-service revenues (Note 5)   44  
Operating Segments [Member] | Others [Member] | Intersegment [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues   10 13
Service revenues (Note 5)   10 13
Elimination of intersegment amounts [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues (17,125) (13,375) (13,259)
Depreciation and amortization (Notes 9 and 10) (5,969)    
Interest income   (124) (243)
Financing costs – net (2,947) (124) (197)
PROVISION FOR INCOME TAX (Note 7) 230    
NET INCOME 33 (782) (618)
Adjusted EBITDA (6,035) 1,605 1,608
Core income (loss) 46 (782) (618)
Operating assets (45,929) (61,075) (37,856)
Investments in associates and joint ventures (29,430)    
Deferred income tax assets – net (559) (542) (354)
TOTAL ASSETS (75,918) (61,617) (38,210)
Operating liabilities (46,289) (29,319) (18,802)
Deferred income tax liabilities (Note 7) (39) (189)  
TOTAL LIABILITIES (46,328) (29,508) (18,802)
Elimination of intersegment amounts [Member] | Intersegment [Member]      
Disclosure Of Operating Segments [Line Items]      
Revenues (17,125) (13,375) (13,259)
Service revenues (Note 5) ₱ (17,125) (13,374) (13,253)
Non-service revenues (Note 5)   ₱ (1) ₱ (6)