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v3.23.1

Prepayments (Tables) | 12 Months Ended
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Dec. 31, 2022
Prepayments [Abstract] |
Summary of Prepayments | As at December 31, 2022 and 2021, this account consists of:
|  | 2022 |  |  | 2021 |
|  |  |  | (in million pesos) |
Advances to suppliers and contractors |  |  | 69,326 |  |  |  | 82,749 |
Prepaid taxes |  |  | 14,911 |  |  |  | 15,652 |
Prepaid fees and licenses |  |  | 1,983 |  |  |  | 1,631 |
Prepaid benefit costs (Note 26) |  |  | 1,598 |  |  |  | 1,018 |
Prepaid repairs and maintenance |  |  | 542 |  |  |  | 531 |
Prepaid rent |  |  | 528 |  |  |  | 574 |
Prepaid insurance (Note 25) |  |  | 120 |  |  |  | 163 |
Other prepayments |  |  | 6,741 |  |  |  | 5,166 |
|  |  | 95,749 |  |  |  | 107,484 |
Less current portion of prepayments |  |  | 14,696 |  |  |  | 12,707 |
Noncurrent portion of prepayments |  |  | 81,053 |  |  |  | 94,777 |

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