Components of Other Comprehensive Loss

12 Months Ended

Dec. 31, 2018

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Components of Other Comprehensive Loss

6. Components of Other Comprehensive Loss

Changes in other comprehensive loss under equity of our consolidated statements of financial position for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Foreign currency translation differences of subsidiaries			Net gains (loss) 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			Financial instrument at FVOCI			Total other comprehensive income (loss) attributable to equity holders of PLDT			Share of noncontrolling interests			Total other comprehensive income (loss) – net of tax
	(in million pesos)
Balances as at January 1, 2018		583			4,300			(369	)		620			(24,467	)		182			—			(19,151	)		14			(19,137	)
Change on initial application of IFRS 9    (Note 2)		—			(4,309	)		—			—			—			(182	)		(136	)		(4,627	)		—			(4,627	)
Balances as at January 1, 2018, as restated		583			(9	)		(369	)		620			(24,467	)		—			(136	)		(23,778	)		14			(23,764	)
Other comprehensive income (loss)		112			—			(271	)		(2	)		(1,222	)		—			(29	)		(1,412	)		5			(1,407	)
Balances as at December 31, 2018		695			(9	)		(640	)		618			(25,689	)		—			(165	)		(25,190	)		19			(25,171	)
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	)

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.