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v3.22.1

Prepayments (Tables) | 12 Months Ended
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Dec. 31, 2021
Prepayments [Abstract] |
Summary of Prepayments | As at December 31, 2021 and 2020, this account consists of:
|  | 2021 |  |  | 2020 |
|  | (in million pesos) |
Advances to suppliers and contractors |  |  | 82,749 |  |  |  | 55,891 |
Prepaid taxes |  |  | 15,652 |  |  |  | 15,241 |
Prepaid fees and licenses |  |  | 1,631 |  |  |  | 1,182 |
Prepaid benefit costs (Note 26) |  |  | 1,018 |  |  |  | 1,021 |
Prepaid rent |  |  | 574 |  |  |  | 401 |
Prepaid repairs and maintenance |  |  | 531 |  |  |  | 228 |
Prepaid insurance (Note 25) |  |  | 163 |  |  |  | 130 |
Other prepayments |  |  | 5,166 |  |  |  | 2,672 |
|  |  | 107,484 |  |  |  | 76,766 |
Less current portion of prepayments |  |  | 12,707 |  |  |  | 10,657 |
Noncurrent portion of prepayments |  |  | 94,777 |  |  |  | 66,109 |

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