XML 63 R52.htm IDEA: XBRL DOCUMENT v3.25.0.1
Inventories and Supplies (Tables)
12 Months Ended
Dec. 31, 2024
Classes of current inventories [abstract]  
Summary of Inventories and Supplies

As at December 31, 2024 and 2023, this account consists of:

 

 

 

2024

 

 

2023

 

 

 

(in million pesos)

 

Cost

 

 

 

 

 

 

Commercial

 

 

2,486

 

 

 

2,053

 

Network

 

 

1,945

 

 

 

1,971

 

Others

 

 

384

 

 

 

928

 

Total

 

 

4,815

 

 

 

4,952

 

 

 

 

 

 

 

 

Allowance for inventory obsolescence and write-down

 

 

 

 

 

 

Commercial

 

 

228

 

 

 

306

 

Network

 

 

1,180

 

 

 

1,020

 

Others

 

 

101

 

 

 

286

 

Total

 

 

1,509

 

 

 

1,612

 

 

 

 

 

 

 

 

Net realizable value

 

 

 

 

 

 

Commercial

 

 

2,258

 

 

 

1,747

 

Network

 

 

765

 

 

 

951

 

Others

 

 

283

 

 

 

642

 

Total

 

 

3,306

 

 

 

3,340

 

Summary of Cost of Inventories and Supplies Recognized as Expense

The cost of inventories and supplies recognized as expense for the years ended December 31, 2024, 2023 and 2022 are as follows:

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

(in million pesos)

 

Cost of sales

 

 

9,904

 

 

 

11,912

 

 

 

11,287

 

Repairs and maintenance

 

 

407

 

 

 

734

 

 

 

986

 

Provision for inventory obsolescence

 

 

196

 

 

 

89

 

 

 

408

 

Selling and promotions

 

 

 

 

 

 

 

 

4

 

 

 

 

10,507

 

 

 

12,735

 

 

 

12,685

 

Summary of Changes in Allowance for Inventory Obsolescence and Write-down

Changes in the allowance for inventory obsolescence and write-down for the years ended December 31, 2024 and 2023 are as follows:

 

 

 

2024

 

 

2023

 

 

 

(in million pesos)

 

Balances at beginning of the year

 

 

1,612

 

 

 

2,218

 

Provisions (Note 5)

 

 

196

 

 

 

89

 

Reversals

 

 

(38

)

 

 

(252

)

Disposals and other adjustments

 

 

(85

)

 

 

(59

)

Cost of sales

 

 

(176

)

 

 

(384

)

Balances at end of the year

 

 

1,509

 

 

 

1,612