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Financial Assets at FVPL (Tables)
12 Months Ended
Dec. 31, 2021
Financial Assets At Fair Value Through Profit Or Loss [Abstract]  
Summary of Financial Assets at FVPL

As at December 31, 2021 and 2020, this account consists of:

 

 

 

2021

 

 

2020

 

 

 

(in million pesos)

 

Club shares and others

 

 

339

 

 

 

319

 

Phunware

 

 

 

 

 

61

 

Rocket Internet

 

 

 

 

 

 

iflix Limited, or iflix

 

 

 

 

 

 

 

 

 

339

 

 

 

380

 

Summary of Details on Investment in Rocket

Further details on investment in Rocket Internet for the years ended December 31, 2020 and 2019, and as at December 31, 2020 are as follows:

 

 

 

2020

 

 

2019

 

 

 

 

 

Total market value as at beginning of the year (in million pesos)

 

 

2,381

 

 

 

3,128

 

Closing price per share at end of the year (in Euros)

 

 

 

 

 

22.10

 

Total market value as at end of the year (in million Euros)

 

 

 

 

 

42

 

Total market value as at end of the year (in million pesos)

 

 

 

 

 

2,381

 

Net losses recognized during the year (in million pesos)

 

 

 

 

 

89

 

 

 

 

2020

 

 

 

(in million pesos)

 

Balances at beginning of the year

 

 

2,381

 

Disposal of investments

 

 

(2,381

)

Balances at end of the year