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v3.21.1

Prepayments (Tables) | 12 Months Ended
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Dec. 31, 2020
Prepayments [Abstract] |
Summary of Prepayments | As at December 31, 2020 and 2019, this account consists of:
|  | 2020 |  |  | 2019 |
|  | (in million pesos) |
Advances to suppliers and contractors |  |  | 55,891 |  |  |  | 41,798 |
Prepaid taxes |  |  | 15,241 |  |  |  | 13,905 |
Prepaid fees and licenses |  |  | 1,182 |  |  |  | 1,335 |
Prepaid benefit costs (Note 26) |  |  | 1,021 |  |  |  | 342 |
Prepaid rent |  |  | 401 |  |  |  | 417 |
Prepaid repairs and maintenance |  |  | 228 |  |  |  | 458 |
Prepaid insurance (Note 25) |  |  | 130 |  |  |  | 142 |
Prepaid selling and promotions |  |  | 12 |  |  |  | 24 |
Other prepayments |  |  | 2,660 |  |  |  | 1,810 |
|  |  | 76,766 |  |  |  | 60,231 |
Less current portion of prepayments |  |  | 10,657 |  |  |  | 11,298 |
Noncurrent portion of prepayments |  |  | 66,109 |  |  |  | 48,933 |

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