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CONSOLIDATED INCOME STATEMENTS - PHP (₱)
₱ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES FROM CONTRACTS WITH CUSTOMERS      
Service revenues ₱ 201,832 ₱ 195,344 ₱ 184,680
Non-service revenues 9,121 9,018 7,506
Revenues 210,953 204,362 192,186
EXPENSES      
Selling, general and administrative expenses (Notes 5 and 18) 81,876 84,476 77,686
Depreciation and amortization (Notes 9, 10 and 18) 58,441 98,631 52,072
Cost of sales and services (Note 5) 15,092 14,172 12,917
Asset impairment (Note 5) 4,432 6,044 4,942
Interconnection costs 10,418 6,104 3,698
Expenses 170,259 209,427 151,315
Profit (loss) from operating activities 40,694 (5,065) 40,871
OTHER INCOME (EXPENSES) - NET (Note 5) (4,217) 19,097 (6,615)
INCOME BEFORE INCOME TAX FROM CONTINUING OPERATIONS 36,477 14,032 34,256
PROVISION FOR INCOME TAX (Note 7) 9,612 2,697 7,459
NET INCOME FROM CONTINUING OPERATIONS (Note 4) 26,865 11,335 26,797
NET LOSS FROM DISCONTINUED OPERATIONS (Notes 2, 4 and 8) (41) (600) [1] (121) [1]
NET INCOME (Note 4) 26,824 10,735 26,676
ATTRIBUTABLE TO:      
Equity holders of PLDT (Note 8) 26,614 10,485 [1] 26,367 [1]
Noncontrolling interests 210 250 309
NET INCOME (Note 4) ₱ 26,824 ₱ 10,735 ₱ 26,676
Earnings Per Share Attributable to Common Equity Holders of PLDT (Notes 4 and 8)      
Basic ₱ 122.91 ₱ 48.26 [1] ₱ 121.76 [1]
Diluted 122.91 48.26 [1] 121.76 [1]
Earnings Per Share from Continuing Operations Attributable to Common Equity Holders of PLDT (Notes 4 and 8)      
Basic 123.1 51.03 [1] 122.32 [1]
Diluted ₱ 123.1 ₱ 51.03 [1] ₱ 122.32 [1]
[1]

(1) To be comparable with 2023, certain amounts for the years ended December 31, 2022 and 2021 have been reclassified to reflect the discontinued
operations of certain ePLDT subsidiaries. See Note 2 – Summary of Material Accounting Policies – Discontinued Operations for further discussion.