Notes to the Statement of Cash Flows

12 Months Ended

Dec. 31, 2019

Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Abstract]

Notes to the Statement of Cash Flows

29. Notes to the Statement of Cash Flows

The following table shows the changes in liabilities arising from financing activities for the years ended December 31, 2019, 2018 and 2017:

	January 1, 2019		Cash flows			Foreign exchange movement			Others			December 31, 2019
	(in million pesos)
Interest-bearing financial liabilities (Note 21)		176,276		16,811			(653	)		122			192,556
Lease liabilities (Note 10)		15,233		(5,399	)		—			6,481			16,315
Derivative financial liabilities		80		(50	)		—			83			113
Accrued interests and other related costs (Note 24)		1,347		(7,143	)		—			7,327			1,531
Dividends (Note 20)		1,533		(15,592	)		—			15,643			1,584
		194,469		(11,373	)		(653	)		29,656			212,099
	January 1, 2018		Cash flows			Foreign exchange movement			Others			December 31, 2018
	(in million pesos)
Interest-bearing financial liabilities (Note 21)		172,611		1,722			1,723			220			176,276
Derivative financial liabilities		149		886			—			(955	)		80
Accrued interests and other related costs (Note 24)		1,176		(6,614	)		—			6,785			1,347
Dividends		1,575		(13,928	)		—			13,886			1,533
		175,511		(17,934	)		1,723			19,936			179,236
	January 1, 2017		Cash flows			Foreign exchange movement			Others			December 31, 2017
	(in million pesos)
Interest-bearing financial liabilities		185,032		(13,097	)		417			259			172,611
Long-term financing for capital expenditures    (Note 21)		13,673		(7,735	)		—			(358	)		5,580
Accrued interests and other related costs (Note 24)		1,412		(7,076	)		—			6,840			1,176
Dividends (Note 20)		1,544		(16,617	)		—			16,648			1,575
		201,661		(44,525	)		417			23,389			180,942

Others include the effect of accretion of long-term borrowings, effect of recognition and accretion of lease liabilities, effect of accrued but not yet paid interest on interest-bearing loans and borrowings and accrual of dividends that were not yet paid at the end of the period.

Non-cash Investing Activities

The following table shows our significant non-cash investing activities and corresponding transaction amounts for the year ended December 31, 2019:

	(in million pesos)
Initial recognition of ROU assets (Notes 2 and 10)		14,226
Additions to ROU assets (Note 10)		5,072

Non-cash Financing Activities

The following table shows our significant non-cash financing activities and corresponding transaction amounts for the year ended December 31, 2019:

	(in million pesos)
Initial recognition of lease liabilities (Notes 2 and 10)		15,233
Additions to lease liabilities (Note 10)		5,065