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Financial Assets at FVPL (Tables)
12 Months Ended
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