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Components of Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of analysis of other comprehensive income by item [abstract]  
Summary of Changes in Other Comprehensive Loss

Changes in other comprehensive loss under equity of our consolidated statements of financial position for the years ended December 31, 2022, 2021 and 2020 are as follows:

 

 

 

Foreign
currency
translation
differences of
subsidiaries

 

 

Net loss on
financial
investments at FVOCI
– net of tax

 

 

Net
transactions
on cash flow
hedges
– net of tax

 

 

Revaluation
increment on
investment
properties
– net of tax

 

 

Fair value
adjustment on
sale of property
and equipment

 

 

Actuarial
gains (losses)
on defined
benefit
plans
– net of tax

 

 

Share in the
other
comprehensive
income (loss) of
associates and
joint ventures
accounted for
using the
equity method

 

 

Fair value
changes of
financial
instrument
at FVOCI

 

 

Total other
comprehensive
loss
attributable
to equity
holders
of PLDT

 

 

Share of
noncontrolling
interests

 

 

Total other
comprehensive
loss – net of tax

 

 

 

(in million pesos)

 

Balances as at January 1, 2022

 

 

366

 

 

 

(9

)

 

 

(1,965

)

 

 

544

 

 

 

 

 

 

(35,356

)

 

 

(14

)

 

 

(3

)

 

 

(36,437

)

 

 

15

 

 

 

(36,422

)

Other comprehensive income
   (loss)

 

 

(217

)

 

 

 

 

 

(2,544

)

 

 

 

 

 

 

 

 

2,500

 

 

 

(6

)

 

 

 

 

 

(267

)

 

 

10

 

 

 

(257

)

Closing of other comprehensive
   income cashflow hedges to
   retained earnings

 

 

 

 

 

 

 

 

1,222

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,222

 

 

 

 

 

 

1,222

 

Balances as at December 31, 2022

 

 

149

 

 

 

(9

)

 

 

(3,287

)

 

 

544

 

 

 

 

 

 

(32,856

)

 

 

(20

)

 

 

(3

)

 

 

(35,482

)

 

 

25

 

 

 

(35,457

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balances as at January 1, 2021

 

 

701

 

 

 

(9

)

 

 

(1,202

)

 

 

508

 

 

 

108

 

 

 

(35,720

)

 

 

(37

)

 

 

(1

)

 

 

(35,652

)

 

 

9

 

 

 

(35,643

)

Other comprehensive income
   (loss)

 

 

(335

)

 

 

 

 

 

(763

)

 

 

36

 

 

 

(108

)

 

 

364

 

 

 

23

 

 

 

(2

)

 

 

(785

)

 

 

6

 

 

 

(779

)

Balances as at December 31, 2021

 

 

366

 

 

 

(9

)

 

 

(1,965

)

 

 

544

 

 

 

 

 

 

(35,356

)

 

 

(14

)

 

 

(3

)

 

 

(36,437

)

 

 

15

 

 

 

(36,422

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balances as at January 1, 2020

 

 

722

 

 

 

(9

)

 

 

(896

)

 

 

508

 

 

 

108

 

 

 

(31,763

)

 

 

 

 

 

(38

)

 

 

(31,368

)

 

 

15

 

 

 

(31,353

)

Other comprehensive income
   (loss)

 

 

(21

)

 

 

 

 

 

(306

)

 

 

 

 

 

 

 

 

(3,957

)

 

 

(37

)

 

 

37

 

 

 

(4,284

)

 

 

(6

)

 

 

(4,290

)

Balances as at December 31, 2020

 

 

701

 

 

 

(9

)

 

 

(1,202

)

 

 

508

 

 

 

108

 

 

 

(35,720

)

 

 

(37

)

 

 

(1

)

 

 

(35,652

)

 

 

9

 

 

 

(35,643

)