Leases (Tables)

12 Months Ended

Dec. 31, 2020

Presentation Of Leases For Lessee [Abstract]

Schedule of Estimated Useful Life of Right of Use Assets

Our consolidated estimated useful lives of ROU assets as at December 31, 2020 and 2019 are as follows:

Sites		1 – 30 years
International leased circuits		3 – 7 years
Poles		1 – 10 years
Domestic leased circuits		4 – 10 years
Office buildings		1 – 25 years
Co-located sites		1 – 5 years

Schedule of Changes in Right of Use Assets

Our consolidated rollforward analysis of ROU assets as at December 31, 2020 and 2019 are as follows:

	Sites			International Leased Circuits			Poles			Domestic Leased Circuits			Office Buildings			Co-located Sites			Total
	(in million pesos)
As at December 31, 2019
Costs:
Balances at beginning of the year		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		—			—			—			—			—			—			—
Termination		44			—			—			—			14			—			58
Modifications		—			—			—			3			—			1			4
Charges from asset retirement obligation		(1,297	)		—			—			—			(92	)		—			(1,389	)
Depreciation		(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 as at December 31, 2019		10,486			3,507			386			1,031			470			10			15,890

As at December 31, 2020
Costs:
Balances at beginning of the year		14,412			4,341			726			1,214			906			11			21,610
Additions (Note 29)		3,538			2,600			2,576			39			582			—			9,335
Asset retirement obligation		556			—			—			—			172			—			728
Termination		(158	)		(1,181	)		—			—			(24	)		—			(1,363	)
Modifications		(294	)		(1,472	)		79			41			(52	)		(2	)		(1,700	)
Adjustments		(3	)		—			(11	)		—			—			—			(14	)
Reclassification		(197	)		—			—			—			197			—			—
Balances at end of the year		17,854			4,288			3,370			1,294			1,781			9			28,596

Accumulated depreciation and amortization
Balances at beginning of the year		(3,926	)		(834	)		(340	)		(183	)		(436	)		(1	)		(5,720	)
Termination		113			223			—			—			37			—			373
Adjustments		2			—			(1	)		—			1			—			2
Modifications		3			—			(7	)		—			(4	)		—			(8	)
Depreciation (Note 3)		(2,764	)		(735	)		(620	)		(244	)		(574	)		(3	)		(4,940	)
Reclassification		17			—			—			—			(17	)		—			—
Balances at end of the year		(6,556	)		(1,346	)		(967	)		(427	)		(993	)		(4	)		(10,293	)
Net book value as at December 31, 2020		11,298			2,942			2,403			867			788			5			18,303

Summary of Amounts Recognized in Consolidated Income Statements

The following amounts are recognized in our consolidated income statements for the years ended December 31, 2020 and 2019:

	2020		2019
	(in million pesos)
Depreciation expense of ROU assets (Note 3)		4,940		4,393
Interest expense on lease liabilities (Note 5)		1,125		1,061
Variable lease payments (included in general and administrative expenses) (Note 5)		764		708
Expenses relating to short-term leases (included in general and administrative expenses) (Note 5)		618		378
Expenses relating to leases of low-value assets (included in general and administrative expenses) (Note 5)		2		204
Total amount recognized in consolidated income statements		7,449		6,744

Schedule of Changes in Lease Liabilities

Our consolidated rollforward analysis of lease liabilities as at December 31, 2020 and 2019 are as follows:

	2020			2019
	(in million pesos)
Balances at beginning of the year		16,315			15,233
Additions (Note 29)		11,122			5,065
Accretion on lease liabilities (Note 5)		1,125			1,061
Foreign exchange losses – net		(171	)		(12	)
Termination		(1,188	)		(96	)
Lease modifications		(1,397	)		463
Settlement of obligations		(5,781	)		(5,399	)
Balances at end of the year (Notes 3 and 29)		20,025			16,315
Less current portion of lease liabilities (Note 28)		4,043			3,215
Noncurrent portion of lease liabilities (Note 28)		15,982			13,100

Summary of Operating Lease Commitments

Future minimum rentals receivable under non-cancellable operating leases as at December 31, 2020 and 2019 are as follows.

	2020		2019
	(in million pesos)
Within one year		48		54
After one year but not more than five years		—		48
More than five years		—		—
		48		102