Notes to the Statements of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2021

The following table shows the changes in liabilities arising from financing activities as at December 31, 2021 and 2020:

	January 1, 2021		Cash flows			Foreign exchange movement			Others			December 31, 2021

	(in million pesos)
Interest-bearing financial liabilities (Note 21)		222,765		28,538			2,440			(1,186	)		252,557
Lease liabilities (Notes 3 and 10)		20,025		(6,547	)		—			8,208			21,686
Derivative financial liabilities		536		(25	)		—			(296	)		215
Accrued interests and other related costs (Note 24)		1,872		(8,922	)		—			8,833			1,783
Dividends (Note 20)		1,194		(17,712	)		—			18,226			1,708
		246,392		(4,668	)		2,440			33,785			277,949

	January 1, 2020		Cash flows			Foreign exchange movement			Others			December 31, 2020

	(in million pesos)
Interest-bearing financial liabilities (Note 21)		192,556		31,979			(1,917	)		147			222,765
Lease liabilities (Notes 3 and 10)		16,315		(5,781	)		—			9,491			20,025
Derivative financial liabilities		113		(430	)		—			853			536
Accrued interests and other related costs (Note 24)		1,531		(8,348	)		—			8,689			1,872
Dividends (Note 20)		1,584		(16,721	)		—			16,331			1,194
		212,099		699			(1,917	)		35,511			246,392

The following table shows our significant non-cash investing activities and corresponding transaction amounts as at December 31, 2021 and 2020:

	2021		2020
	(in million pesos)
Acquisition of property and equipment on account		23,522		9,992
Additions to ROU assets (Note 10)		7,314		9,335
Capitalization to property and equipment of:
Inventories		5,989		3,934
Borrowing costs (Notes 5 and 9)		1,582		1,597
Foreign exchange differences – net (Note 9)		29		—
Fair value adjustments of property and equipment		—		18
		38,436		24,876

The following table shows our significant non-cash financing activities and corresponding transaction amounts as at December 31, 2021 and 2020:

	2021		2020
	(in million pesos)
Additions to lease liabilities (Note 10)		7,314		11,122