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Prepayments and Other Non-Financial Assets (Tables)
12 Months Ended
Dec. 31, 2024
Prepayments [Abstract]  
Summary of Prepayments and Other Non-Financial Assets

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

 

 

 

2024

 

 

2023

 

 

 

(in million pesos)

 

Advances to suppliers and contractors

 

 

29,486

 

 

 

47,706

 

Subscriber contract costs

 

 

28,817

 

 

 

28,926

 

Prepaid taxes

 

 

6,968

 

 

 

11,914

 

Prepaid fees and licenses

 

 

2,084

 

 

 

2,022

 

Prepaid benefit costs (Note 25)

 

 

975

 

 

 

917

 

Prepaid repairs and maintenance

 

 

862

 

 

 

455

 

Prepaid rent

 

 

371

 

 

 

399

 

Prepaid insurance

 

 

144

 

 

 

150

 

Other prepayments

 

 

1,168

 

 

 

518

 

Other non-financial assets

 

 

1,029

 

 

 

573

 

 

 

71,904

 

 

 

93,580

 

Less current portion of prepayments and other nonfinancial assets

 

 

9,975

 

 

 

13,215

 

Noncurrent portion of prepayments and other nonfinancial assets

 

 

61,929

 

 

 

80,365