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Components of Other Comprehensive Income
12 Months Ended
Dec. 31, 2017
Text Block1 [Abstract]  
Components of Other Comprehensive Income

6.

Components of Other Comprehensive Income

Changes in other comprehensive income under equity of our consolidated statements of financial position for the years ended December 31, 2017, 2016 and 2015 are as follows:

 

 

 

Foreign

currency

translation

differences

of

subsidiaries

 

 

Net gains

on

available-

for-sale

financial

investments

– net of tax

 

 

Net

transactions

on cash

flow

hedges

–net of tax

 

 

Revaluation

increment

on

investment

properties

– net of tax

 

 

Actuarial

losses

on

defined

benefit

plans

– net of tax

 

 

Share in the

other

comprehensive

income of

associates and

joint ventures

accounted for

using the

equity

method

 

 

Total other

comprehensive

income (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, 2017

 

 

608

 

 

 

936

 

 

 

7

 

 

 

619

 

 

 

(23,376

)

 

 

312

 

 

 

(20,894

)

 

 

7

 

 

 

(20,887

)

Other comprehensive

   income (loss)

 

 

(25

)

 

 

3,364

 

 

 

(376

)

 

 

1

 

 

 

(1,091

)

 

 

306

 

 

 

2,179

 

 

 

7

 

 

 

2,186

 

Recycled to retained

   earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(436

)

 

 

(436

)

 

 

 

 

 

(436

)

Balances as at

   December 31, 2017

 

 

583

 

 

 

4,300

 

 

 

(369

)

 

 

620

 

 

 

(24,467

)

 

 

182

 

 

 

(19,151

)

 

 

14

 

 

 

(19,137

)

Balances as at

   January 1, 2016

 

 

524

 

 

 

76

 

 

 

(3

)

 

 

602

 

 

 

(19,805

)

 

 

404

 

 

 

(18,202

)

 

 

12

 

 

 

(18,190

)

Other comprehensive

   income (loss)

 

 

84

 

 

 

860

 

 

 

10

 

 

 

17

 

 

 

(3,571

)

 

 

151

 

 

 

(2,449

)

 

 

(5

)

 

 

(2,454

)

Recycled to retained

   earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(243

)

 

 

(243

)

 

 

 

 

 

(243

)

Balances as at

   December 31, 2016

 

 

608

 

 

 

936

 

 

 

7

 

 

 

619

 

 

 

(23,376

)

 

 

312

 

 

 

(20,894

)

 

 

7

 

 

 

(20,887

)

Balances as at

   January 1, 2015

 

 

489

 

 

 

8,211

 

 

 

(34

)

 

 

603

 

 

 

(18,207

)

 

 

653

 

 

 

(8,285

)

 

 

2

 

 

 

(8,283

)

Other comprehensive

   income (loss)

 

 

35

 

 

 

(8,135

)

 

 

31

 

 

 

(1

)

 

 

(1,598

)

 

 

(249

)

 

 

(9,917

)

 

 

10

 

 

 

(9,907

)

Balances as at

   December 31, 2015

 

 

524

 

 

 

76

 

 

 

(3

)

 

 

602

 

 

 

(19,805

)

 

 

404

 

 

 

(18,202

)

 

 

12

 

 

 

(18,190

)

 

Revaluation increment on investment properties pertains to the difference between the carrying value and fair value of property and equipment transferred to investment property at the time of change in classification.