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Financial Assets at FVPL (Tables) | 12 Months Ended
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Dec. 31, 2020
Financial Assets At Fair Value Through Profit Or Loss [Abstract] |
Summary of Financial Assets at FVPL | As at December 31, 2020 and 2019, this account consists of:
|  | 2020 |  |  | 2019 |
|  | (in million pesos) |
Club shares and others |  |  | 319 |  |  |  | 328 |
Phunware, Inc., or Phunware |  |  | 61 |  |  |  | 61 |
Rocket Internet |  |  | — |  |  |  | 2,381 |
iflix Limited, or iflix |  |  | — |  |  |  | 599 |
|  |  | 380 |  |  |  | 3,369 |
Summary of Details on Investment in Rocket | Further details on investment in Rocket Internet for the years ended December 31, 2020, 2019 and 2018, and as at December 31, 2020 and 2019 are as follows:
|  | 2020 |  |  | 2019 |  |  | 2018 |
Total market value as at beginning of the year (in million pesos) |  |  | 2,381 |  |  |  | 3,128 |  |  |  | 12,848 |
Closing price per share at end of the year (in Euros) |  |  | — |  |  |  | 22.10 |  |  |  | 20.18 |
Total market value as at end of the year (in million Euros) |  |  | — |  |  |  | 42 |  |  |  | 52 |
Total market value as at end of the year (in million pesos) |  |  | — |  |  |  | 2,381 |  |  |  | 3,128 |
Net gains (losses) recognized during the year (in million pesos) |  |  | — |  |  |  | 89 |  |  |  | (157 | )
|  | 2020 |  |  | 2019 |
|  | (in million pesos) |
Balances at beginning of the year |  |  | 2,381 |  |  |  | 3,128 |
Fair value adjustment in profit or loss |  |  | — |  |  |  | 89 |
Disposal of investments |  |  | (2,381 | ) |  |  | (836 | )
Balances at end of the year |  |  | — |  |  |  | 2,381 |

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