Notes to the Statements of Cash Flows

12 Months Ended

Dec. 31, 2024

Notes To The Statements Of Cash Flows [Abstract]

28.

Notes to the Statements of Cash Flows

The following table shows the changes in liabilities arising from financing activities as at December 31, 2024 and 2023:


	January 1, 2024					Foreign exchange movement						2024
			Cash flows						Others
	(in million pesos)
Interest-bearing financial liabilities		254,798		24,722			1,698			368			281,586
Lease liabilities		47,546		(12,079	)		—			18,571			54,038
Derivative financial liabilities		1,033		704			—			(1,640	)		97
Accrued interests and other related costs		2,157		(10,740	)		—			11,009			2,426
Dividends		1,912		(20,750	)		—			20,843			2,005
		307,446		(18,143	)		1,698			49,151			340,152

	January 1, 2023					Foreign exchange movement						2023
			Cash flows						Others
	(in million pesos)
Interest-bearing financial liabilities		249,580		5,175			(319	)		362			254,798
Lease liabilities		42,435		(10,707	)		—			15,818			47,546
Derivative financial liabilities		1,150		(607	)		—			490			1,033
Accrued interests and other related costs		1,868		(9,715	)		—			10,004			2,157
Dividends		1,821		(23,328	)		—			23,419			1,912
		296,854		(39,182	)		(319	)		50,093			307,446

Others include the effect of accretion of long-term borrowings, effect of recognition and accretion of lease liabilities, unrealized mark-to-market losses of derivative financial instruments, effect of accrued but not yet paid interest on interest-bearing loans and borrowings and accrual of dividends that were not yet paid at the end of the period.

Non-cash Investing Activities

The following table shows our significant non-cash investing activities and corresponding transaction amounts as at December 31, 2024 and 2023:


	2024		2023
	(in million pesos)
Acquisition of property and equipment on account		19,219		37,133
Additions to ROU assets		15,607		15,759
Capitalization to property and equipment of:
Inventories		4,128		2,169
Foreign exchange differences – net		686		195
		39,640		55,256

Non-cash Financing Activities

The following table shows our significant non-cash financing activities and corresponding transaction amounts as at December 31, 2024 and 2023:


	2024		2023
	(in million pesos)
Additions to lease liabilities		15,607		15,759