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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings per share [abstract]  
Summary of Information Necessary to Calculate EPS

The following table presents information necessary to calculate the EPS for the years ended December 31, 2023, 2022 and 2021:

 

 

 

2023

 

 

2022 (1)

 

 

2021 (1)

 

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

 

 

(in million pesos)

 

Net income attributable to equity holders of PLDT from:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

26,655

 

 

 

26,655

 

 

 

11,085

 

 

 

11,085

 

 

 

26,488

 

 

 

26,488

 

Discontinued operations (Note 2)

 

 

(41

)

 

 

(41

)

 

 

(600

)

 

 

(600

)

 

 

(121

)

 

 

(121

)

Consolidated net income attributable to common shares

 

 

26,614

 

 

 

26,614

 

 

 

10,485

 

 

 

10,485

 

 

 

26,367

 

 

 

26,367

 

Dividends on preferred shares (Note 19)

 

 

(59

)

 

 

(59

)

 

 

(59

)

 

 

(59

)

 

 

(59

)

 

 

(59

)

Consolidated net income attributable to common equity
     holders of PLDT

 

 

26,555

 

 

 

26,555

 

 

 

10,426

 

 

 

10,426

 

 

 

26,308

 

 

 

26,308

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per share amounts which are in pesos)

 

Outstanding common shares at beginning of period

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

Weighted average number of common shares

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

216,056

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations

 

 

123.10

 

 

 

123.10

 

 

 

51.03

 

 

 

51.03

 

 

 

122.32

 

 

 

122.32

 

EPS from discontinued operations (Note 2)

 

 

(0.19

)

 

 

(0.19

)

 

 

(2.77

)

 

 

(2.77

)

 

 

(0.56

)

 

 

(0.56

)

EPS attributable to common equity holders of PLDT (Note 5)

 

 

122.91

 

 

 

122.91

 

 

 

48.26

 

 

 

48.26

 

 

 

121.76

 

 

 

121.76

 

 

(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.