XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.24.1

Inventories and Supplies | 12 Months Ended
--- | ---
Dec. 31, 2023
Classes of current inventories [abstract] |
Inventories and Supplies | 17. Inventories and Supplies As at December 31, 2023 and 2022, this account consists of:
|  | 2023 |  |  | 2022 |
|  | (in million pesos) |
Commercial: |  |  |  |  |  |
At net realizable value(1) |  |  | 1,747 |  |  |  | 2,110 |
At cost |  |  | 2,053 |  |  |  | 2,455 |
Network: |  |  |  |  |  |
At net realizable value(1) |  |  | 951 |  |  |  | 577 |
At cost |  |  | 1,971 |  |  |  | 1,727 |
Others: |  |  |  |  |  |
At net realizable value(1) |  |  | 642 |  |  |  | 881 |
At cost |  |  | 928 |  |  |  | 1,604 |
Total inventories and supplies at the lower of cost or net realizable value |  |  | 3,340 |  |  |  | 3,568 |
(1) Amounts are net of allowance for inventory obsolescence and write-downs. The cost of inventories and supplies recognized as expense for the years ended December 31, 2023, 2022 and 2021 are as follows:
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | (in million pesos) |
Cost of sales |  |  | 11,912 |  |  |  | 11,287 |  |  |  | 7,375 |
Repairs and maintenance |  |  | 734 |  |  |  | 986 |  |  |  | 850 |
Provision for inventory obsolescence - continuing operations |  |  | 89 |  |  |  | 408 |  |  |  | 847 |
Selling and promotions |  |  | — |  |  |  | 4 |  |  |  | 9 |
|  |  | 12,735 |  |  |  | 12,685 |  |  |  | 9,081 |
Changes in the allowance for inventory obsolescence and write-down for the years ended December 31, 2023 and 2022 are as follows:
|  | 2023 |  |  | 2022 |
|  | (in million pesos) |
Balances at beginning of the year |  |  | 2,218 |  |  |  | 2,688 |
Provisions (Note 5) |  |  | 89 |  |  |  | 414 |
Disposals and other adjustments |  |  | (59 | ) |  |  | (63 | )
Reversals |  |  | (252 | ) |  |  | (70 | )
Cost of sales |  |  | (384 | ) |  |  | (751 | )
Balances at end of the year |  |  | 1,612 |  |  |  | 2,218 |

X
- References No definition available. + Details
Name: | ifrs-full_ClassesOfInventoriesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2023-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=2&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS02_g36-39_TI -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfInventoriesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration