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v3.24.1

Investments in Associates and Joint Ventures - Summarized Income Statements (Detail) - PHP (₱) ₱ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Income Statements: |  |  |
Revenues | ₱ 210,953 | ₱ 204,362 | ₱ 192,186
Depreciation and amortization | 58,441 | 98,631 | 52,072
Interest expense | 12,159 | 10,860 | 10,482
Continuing operations | 9,612 | 2,774 | 7,478
Net income (loss) | 26,824 | 10,735 | 26,676
Total comprehensive losses | 20,079 | 10,478 | 25,897
PLDT's share | 19,884 | 10,218 | 25,582
CREATE adjustment |  |  | 2,546
Equity share in net earnings (losses) of associates and joint ventures | (2,806) | (3,304) | (1,101)
PG1 [Member] |  |  |
Income Statements: |  |  |
Revenues | 53 | 50 |
Depreciation and amortization | 227 | 107 |
Net income (loss) | 491 | 117 |
Equity share in net earnings (losses) of associates and joint ventures | 235 | 56 |
VTI, Bow Arken and Brightshare [Member] |  |  |
Income Statements: |  |  |
Revenues | 4,344 | 4,033 | 3,772
Depreciation and amortization | 1,685 | 1,569 | 1,490
Interest income | 111 | 45 | 16
Continuing operations | 186 | 178 | 174
Net income (loss) | 132 | 148 | 157
PLDT's share | 66 | 74 | 79
CREATE adjustment |  |  | 892
Equity share in net earnings (losses) of associates and joint ventures | 66 | 74 | 971
Satventures, Inc. [Member] |  |  |
Income Statements: |  |  |
Revenues | 8,637 | 11,189 | 11,467
Depreciation and amortization | 1,304 | 1,424 | 1,268
Interest income | (46) | (3) | 2
Interest expense | 281 | 212 | 219
Continuing operations | (334) | 16 | 200
Net income (loss) | (929) | (203) | 110
Equity share in net earnings (losses) of associates and joint ventures | (595) | (130) | 70
MIH [Member] |  |  |
Income Statements: |  |  |
Revenues | 8,553 | 7,683 | 5,336
Depreciation and amortization | 348 | 182 | 218
Interest income | 112 | 133 | 9
Continuing operations | 32 | 2 | 2
Net income (loss) | (6,153) | (8,155) | (5,541)
Other comprehensive income (loss) |  |  | 30
Total comprehensive losses | (6,153) | (8,155) | (5,511)
Equity share in net earnings (losses) of associates and joint ventures | ₱ (2,273) | ₱ (3,026) | ₱ (2,237)

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