XML 59 R43.htm IDEA: XBRL DOCUMENT v3.8.0.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Text Block1 [Abstract]  
Summary of Changes in Property and Equipment Account

Changes in property and equipment account for the years ended December 31, 2017 and 2016 are as follows:

 

 

 

Cable and

wire

facilities

 

 

Central

office

equipment

 

 

Cellular

facilities

 

 

Buildings

and

improvements

 

 

Vehicles,

aircraft,

furniture

and other

network

equipment

 

 

Communi

cations

satellite

 

 

Information

origination

and termination

equipment

 

 

Land and

land

improvements

 

 

Property

under

construction

 

 

Total

 

 

 

(in million pesos)

 

As at December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

187,195

 

 

 

112,867

 

 

 

177,118

 

 

 

27,162

 

 

 

53,797

 

 

 

966

 

 

 

12,962

 

 

 

3,441

 

 

 

57,410

 

 

 

632,918

 

Accumulated depreciation,

   impairment and amortization

 

 

(138,958

)

 

 

(93,336

)

 

 

(129,040

)

 

 

(17,667

)

 

 

(45,628

)

 

 

(966

)

 

 

(11,278

)

 

 

(263

)

 

 

 

 

 

(437,136

)

Net book value

 

 

48,237

 

 

 

19,531

 

 

 

48,078

 

 

 

9,495

 

 

 

8,169

 

 

 

 

 

 

1,684

 

 

 

3,178

 

 

 

57,410

 

 

 

195,782

 

Year Ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value at beginning

   of the year

 

 

48,237

 

 

 

19,531

 

 

 

48,078

 

 

 

9,495

 

 

 

8,169

 

 

 

 

 

 

1,684

 

 

 

3,178

 

 

 

57,410

 

 

 

195,782

 

Additions

 

 

3,419

 

 

 

357

 

 

 

19,225

 

 

 

374

 

 

 

3,358

 

 

 

 

 

 

674

 

 

 

7

 

 

 

15,668

 

 

 

43,082

 

Disposals/Retirements

 

 

(11

)

 

 

(8

)

 

 

(97

)

 

 

(85

)

 

 

(251

)

 

 

 

 

 

 

 

 

(15

)

 

 

(69

)

 

 

(536

)

Reclassifications (Note 13)

 

 

(2

)

 

 

285

 

 

 

(196

)

 

 

33

 

 

 

(594

)

 

 

 

 

 

 

 

 

4

 

 

 

(219

)

 

 

(689

)

Transfers and others

 

 

6,315

 

 

 

3,189

 

 

 

10,660

 

 

 

332

 

 

 

1,258

 

 

 

 

 

 

963

 

 

 

3

 

 

 

(22,720

)

 

 

 

Translation differences charged

   directly to cumulative

   translation adjustments

 

 

4

 

 

 

1

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

Depreciation of revaluation

   increment on investment

   properties transferred to

   property and equipment

   charged to other

   comprehensive income

 

 

 

 

 

 

 

 

 

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2

)

Depreciation and amortization

 

 

(9,932

)

 

 

(4,687

)

 

 

(13,278

)

 

 

(1,225

)

 

 

(4,268

)

 

 

 

 

 

(1,063

)

 

 

(2

)

 

 

 

 

 

(34,455

)

Net book value at end of the year

 

 

48,030

 

 

 

18,668

 

 

 

64,392

 

 

 

8,922

 

 

 

7,673

 

 

 

 

 

 

2,258

 

 

 

3,175

 

 

 

50,070

 

 

 

203,188

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As at December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

196,652

 

 

 

115,461

 

 

 

202,581

 

 

 

25,914

 

 

 

55,973

 

 

 

966

 

 

 

14,596

 

 

 

3,440

 

 

 

50,070

 

 

 

665,653

 

Accumulated depreciation,

   impairment and amortization

 

 

(148,622

)

 

 

(96,793

)

 

 

(138,189

)

 

 

(16,992

)

 

 

(48,300

)

 

 

(966

)

 

 

(12,338

)

 

 

(265

)

 

 

 

 

 

(462,465

)

Net book value

 

 

48,030

 

 

 

18,668

 

 

 

64,392

 

 

 

8,922

 

 

 

7,673

 

 

 

 

 

 

2,258

 

 

 

3,175

 

 

 

50,070

 

 

 

203,188

 

Year Ended December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value at beginning

   of the year

 

 

48,030

 

 

 

18,668

 

 

 

64,392

 

 

 

8,922

 

 

 

7,673

 

 

 

 

 

 

2,258

 

 

 

3,175

 

 

 

50,070

 

 

 

203,188

 

Additions (Note 4)

 

 

3,410

 

 

 

687

 

 

 

6,512

 

 

 

159

 

 

 

2,682

 

 

 

 

 

 

1,878

 

 

 

1

 

 

 

24,970

 

 

 

40,299

 

Disposals/Retirements

 

 

(8

)

 

 

 

 

 

(123

)

 

 

(38

)

 

 

(316

)

 

 

 

 

 

 

 

 

 

 

 

(134

)

 

 

(619

)

Reclassifications (Note 13)

 

 

5

 

 

 

3

 

 

 

 

 

 

3

 

 

 

(7

)

 

 

 

 

 

 

 

 

14

 

 

 

(143

)

 

 

(125

)

Impairment losses recognized

   during the year (Note 5)

 

 

 

 

 

 

 

 

(389

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,524

)

 

 

(3,913

)

Transfers and others

 

 

7,612

 

 

 

3,945

 

 

 

8,031

 

 

 

1,285

 

 

 

1,959

 

 

 

 

 

 

1,343

 

 

 

3

 

 

 

(24,178

)

 

 

 

Translation differences charged

   directly to cumulative

   translation adjustments

 

 

 

 

 

(1

)

 

 

 

 

 

(1

)

 

 

(4

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6

)

Depreciation of revaluation

   increment on investment

   properties transferred to

   property  and equipment

   charged to other

   comprehensive income

 

 

 

 

 

 

 

 

 

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2

)

Depreciation and amortization

 

 

(11,594

)

 

 

(5,340

)

 

 

(28,242

)

 

 

(1,274

)

 

 

(4,106

)

 

 

 

 

 

(1,357

)

 

 

(2

)

 

 

 

 

 

 

(51,915

)

Net book value at end of the  year

 

 

47,455

 

 

 

17,962

 

 

 

50,181

 

 

 

9,054

 

 

 

7,881

 

 

 

 

 

 

4,122

 

 

 

3,191

 

 

 

47,061

 

 

 

186,907

 

As at December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

207,220

 

 

 

119,642

 

 

 

209,504

 

 

 

27,076

 

 

 

58,964

 

 

 

 

 

 

17,595

 

 

 

3,458

 

 

 

47,061

 

 

 

690,520

 

Accumulated depreciation,

   impairment and amortization

 

 

(159,765

)

 

 

(101,680

)

 

 

(159,323

)

 

 

(18,022

)

 

 

(51,083

)

 

 

 

 

 

(13,473

)

 

 

(267

)

 

 

 

 

 

(503,613

)

Net book value

 

 

47,455

 

 

 

17,962

 

 

 

50,181

 

 

 

9,054

 

 

 

7,881

 

 

 

 

 

 

4,122

 

 

 

3,191

 

 

 

47,061

 

 

 

186,907

 

 

Summary of Estimated Useful Lives of Property and Equipment

The estimated useful lives of our property and equipment are estimated as follows:

 

Cable and wire facilities

 

10 – 15 years

Central office equipment

 

3 – 15 years

Cellular facilities

 

3 – 10 years

Buildings

 

25 years

Vehicles, aircraft, furniture and other network equipment

 

3 – 7 years

Information origination and termination equipment

 

3 – 5 years

Leasehold improvements

 

3 – 5 years

Land improvements

 

10 years