XML 55 R42.htm IDEA: XBRL DOCUMENT v3.19.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure Of Property Plant And Equipment [Abstract]  
Summary of Changes in Property and Equipment Account

Changes in property and equipment account for the years ended December 31, 2018 and 2017 are as follows:

 

 

 

Cable

and

wire

facilities

 

 

Central

office

equipment

 

 

Cellular

facilities

 

 

Buildings

and

improvements

 

 

Vehicles,

aircraft,

furniture

and other

network

equipment

 

 

Communications

satellite

 

 

Information

origination

and termination

equipment

 

 

Land and

land

improvements

 

 

 

 

Property

under

construction

 

 

Total

 

 

 

(in million pesos)

 

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

 

 

 

 

 

50,585

 

 

 

694,044

 

Accumulated depreciation,

   impairment and

   amortization

 

 

(159,765

)

 

 

(101,680

)

 

 

(159,323

)

 

 

(18,022

)

 

 

(51,083

)

 

 

 

 

 

(13,473

)

 

 

(267

)

 

 

 

 

(3,524

)

 

 

(507,137

)

Net book value

 

 

47,455

 

 

 

17,962

 

 

 

50,181

 

 

 

9,054

 

 

 

7,881

 

 

 

 

 

 

4,122

 

 

 

3,191

 

 

 

 

 

47,061

 

 

 

186,907

 

Year ended December 31,

   2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value at beginning

   of the year

 

 

47,455

 

 

 

17,962

 

 

 

50,181

 

 

 

9,054

 

 

 

7,881

 

 

 

 

 

 

4,122

 

 

 

3,191

 

 

 

 

 

47,061

 

 

 

186,907

 

Additions (Note 4)

 

 

1,278

 

 

 

565

 

 

 

758

 

 

 

120

 

 

 

1,158

 

 

 

 

 

 

2,107

 

 

 

 

 

 

 

 

52,504

 

 

 

58,490

 

Disposals/Retirements

 

 

(10

)

 

 

(27

)

 

 

(60

)

 

 

(140

)

 

 

(95

)

 

 

 

 

 

 

 

 

 

 

 

 

 

(9

)

 

 

(341

)

Reclassifications (Note 13)

 

 

19

 

 

 

(1

)

 

 

 

 

 

127

 

 

 

(23

)

 

 

 

 

 

 

 

 

1,117

 

 

 

 

 

 

 

 

1,239

 

Transfers and others

 

 

10,409

 

 

 

8,237

 

 

 

37,881

 

 

 

265

 

 

 

1,465

 

 

 

 

 

 

1,176

 

 

 

 

 

 

 

 

(59,433

)

 

 

 

Translation differences

   charged directly to

   cumulative translation

   adjustments

 

 

 

 

 

3

 

 

 

 

 

 

1

 

 

 

(3

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Deconsolidation of a

   subsidiary

 

 

 

 

 

 

 

 

(65

)

 

 

(794

)

 

 

(273

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,132

)

Impairment losses

   recognized during

   the year (Note 5)

 

 

(299

)

 

 

(292

)

 

 

(858

)

 

 

(480

)

 

 

(29

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,958

)

Depreciation of revaluation

   increment on investment

   properties transferred to

   property and equipment

   charged to other

   comprehensive income

 

 

 

 

 

 

 

 

 

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2

)

Depreciation and

   amortization

 

 

(11,381

)

 

 

(10,480

)

 

 

(17,499

)

 

 

(2,162

)

 

 

(3,382

)

 

 

 

 

 

(2,334

)

 

 

(2

)

 

 

 

 

 

 

 

(47,240

)

Net book value at end of the

   year

 

 

47,471

 

 

 

15,967

 

 

 

70,338

 

 

 

5,989

 

 

 

6,699

 

 

 

 

 

 

5,071

 

 

 

4,306

 

 

 

 

 

40,123

 

 

 

195,964

 

As at December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

217,773

 

 

 

128,321

 

 

 

217,164

 

 

 

26,546

 

 

 

58,711

 

 

 

 

 

 

20,823

 

 

 

4,576

 

 

 

 

 

40,123

 

 

 

714,037

 

Accumulated depreciation,

   impairment and

   amortization

 

 

(170,302

)

 

 

(112,354

)

 

 

(146,826

)

 

 

(20,557

)

 

 

(52,012

)

 

 

 

 

 

(15,752

)

 

 

(270

)

 

 

 

 

 

 

 

(518,073

)

Net book value

 

 

47,471

 

 

 

15,967

 

 

 

70,338

 

 

 

5,989

 

 

 

6,699

 

 

 

 

 

 

5,071

 

 

 

4,306

 

 

 

 

 

40,123

 

 

 

195,964

 

Summary of Estimated Useful Lives of Property and Equipment

As at December 31, 2018 and 2017, 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 – 50 years

Vehicles, aircraft, furniture and other network equipment

 

3 – 7 years

Information origination and termination equipment

 

3 – 5 years

Leasehold improvements

 

3 – 5 years or the term of the lease, which ever is shorter

Land improvements

 

10 years