Inventories and Supplies (Tables)

12 Months Ended

Dec. 31, 2018

Text Block1 [Abstract]

Summary of Inventories and Supplies

As at December 31, 2018 and 2017, this account consists of:

	2018			2017
			(in million pesos)
Terminal and cellular phone units:
At net realizable value(1)		2,093			2,691
At cost		3,423			3,834
Spare parts and supplies:
At net realizable value(1)		173			664
At cost		1,673			1,428
Others:
At net realizable value(1)		612			578
At cost		994			1,163
Total inventories and supplies at the lower of cost or net realizable value		2,878			3,933

⁽¹⁾ Amounts are net of allowance for inventory obsolescence and write-downs.

Summary of Cost of Inventories and Supplies Recognized as Expense

The cost of inventories and supplies recognized as expense for the years ended December 31, 2018, 2017 and 2016 are as follows:

	2018		2017		2016
			(in million pesos)
Cost of sales and services		10,632		10,951		15,965
Provisions (Note 5)		1,528		907		1,941
Repairs and maintenance		692		721		596
		12,852		12,579		18,502

Summary of Changes in Allowance for Inventory Obsolescence and Write-down

Changes in the allowance for inventory obsolescence and write-down for the years ended December 31, 2018 and 2017 are as follows:

	2018				2017
				(in million pesos)
Balance at beginning of the year		2,492				2,617
Provisions (Note 5)		1,528				907
Write-off and others		(808	)			(1,032	)
Balance at end of the year		3,212				2,492