Prepayments (Tables)

12 Months Ended

Dec. 31, 2021

Prepayments [Abstract]

Summary of Prepayments

As at December 31, 2021 and 2020, this account consists of:

	2021		2020
	(in million pesos)
Advances to suppliers and contractors		82,749		55,891
Prepaid taxes		15,652		15,241
Prepaid fees and licenses		1,631		1,182
Prepaid benefit costs (Note 26)		1,018		1,021
Prepaid rent		574		401
Prepaid repairs and maintenance		531		228
Prepaid insurance (Note 25)		163		130
Other prepayments		5,166		2,672
		107,484		76,766
Less current portion of prepayments		12,707		10,657
Noncurrent portion of prepayments		94,777		66,109