Prepayments and Other Non-Financial Assets (Tables)

12 Months Ended

Dec. 31, 2023

Prepayments [Abstract]

Summary of Prepayments and Other Non-Financial Assets

As at December 31, 2023 and 2022, this account consists of:

	2023		2022
	(in million pesos)
Advances to suppliers and contractors		47,706		69,326
Subscriber contract costs		28,926		6,286
Prepaid taxes		11,914		14,911
Prepaid fees and licenses		2,022		1,983
Prepaid benefit costs (Note 25)		917		1,598
Prepaid repairs and maintenance		455		542
Prepaid rent		399		528
Prepaid insurance (Note 24)		150		120
Other prepayments		518		455
Other non-financial assets		573		834
		93,580		96,583
Less current portion of prepayments and other nonfinancial assets		13,215		15,364
Noncurrent portion of prepayments and other nonfinancial assets		80,365		81,219