Inventories and Supplies

12 Months Ended

Dec. 31, 2020

Classes Of Inventories [Abstract]

Inventories and Supplies

18. Inventories and Supplies

As at December 31, 2020 and 2019, this account consists of:

	2020		2019
	(in million pesos)
Commercial:
At net realizable value(1)		1,406		2,463
At cost		1,755		3,253
Network:
At net realizable value(1)		420		592
At cost		1,445		1,738
Others:
At net realizable value(1)		2,259		357
At cost		3,248		718
Total inventories and supplies at the lower of cost or net realizable value		4,085		3,412

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

The cost of inventories and supplies recognized as expense for the years ended December 31, 2020, 2019 and 2018 are as follows:

	2020		2019		2018
	(in million pesos)
Cost of sales		8,882		9,528		10,630
Provisions (Note 5)		934		471		1,528
Repairs and maintenance		613		823		688
Selling and promotions		3		138		43
		10,432		10,960		12,889

Changes in the allowance for inventory obsolescence and write-down for the years ended December 31, 2020 and 2019 are as follows:

	2020			2019
	(in million pesos)
Balances at beginning of the year		2,303			3,212
Provisions (Note 5)		934			471
Translation revaluation		(1	)		—
Write-off		(56	)		(136	)
Reclassification		(209	)		(220	)
Cost of sales		(262	)		(495	)
Reversals		(346	)		(529	)
Balances at end of the year		2,363			2,303