Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020 and 2019 are as follows:

	Cable and wire facilities			Central equipment			Network facilities			Buildings			Vehicles, furniture and other network equipment			Information origination and termination equipment			Land improvements			IT systems and platforms			Security platforms			Property under construction			Total
	(in million pesos)
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
Year ended December 31, 2019
Net book value at beginning of the year		47,471			15,967			70,338			5,989			6,699			5,071			4,306			—			—			40,123			195,964
Effect of adoption of IFRS 16		—			—			(244	)		(1	)		—			—			—			—			—			—			(245	)
Net book value at the beginning of the year    (as restated)		47,471			15,967			70,094			5,988			6,699			5,071			4,306			—			—			40,123			195,719
Additions (Note 4)		1,448			856			557			176			3,804			2,987			3			—			—			63,040			72,871
Disposals/Retirements		(24	)		—			(99	)		(3	)		(109	)		—			—			—			—			(77	)		(312	)
Reclassifications		(11,066	)		(20,057	)		24,693			(5	)		(2,161	)		1,227			—			6,529			16			(30	)		(854	)
Transfers and others		10,374			7,720			32,290			541			1,247			4,696			21			—			—			(56,889	)		—
Translation differences charged directly    to cumulative translation adjustments		(1	)		(1	)		—			(4	)		2			—			—			—			—			—			(4	)
Adjustments		—			—			—			(20	)		—			—			—			—			—			—			(20	)
Depreciation of revaluation increment    on investment properties transferred    to property and equipment charged    to other comprehensive income		—			—			—			(3	)		—			—			—			—			—			—			(3	)
Depreciation and amortization		(8,084	)		(3,857	)		(17,025	)		(1,102	)		(3,410	)		(1,782	)		(3	)		—			—			—			(35,263	)
Net book value at end of the year		40,118			628			110,510			5,568			6,072			12,199			4,327			6,529			16			46,167			232,134
As at December 31, 2019
Cost		201,652			2,800			321,798			28,128			29,241			30,906			4,597			50,654			17			46,167			715,960
Accumulated depreciation, impairment    and amortization		(161,534	)		(2,172	)		(211,288	)		(22,560	)		(23,169	)		(18,707	)		(270	)		(44,125	)		(1	)		—			(483,826	)
Net book value		40,118			628			110,510			5,568			6,072			12,199			4,327			6,529			16			46,167			232,134
Year Ended December 31, 2020
Net book value at beginning of the year		40,118			628			110,510			5,568			6,072			12,199			4,327			6,529			16			46,167			232,134
Additions (Note 4)		915			155			2,124			238			1,548			2,771			102			991			—			63,060			71,904
Disposals/Retirements		(12	)		—			(114	)		(212	)		(59	)		—			(265	)		(1	)		—			(16	)		(679	)
Reclassifications		6,116			(707	)		(31,539	)		(263	)		4,030			10,979			(70	)		(5,893	)		24			17,312			(11	)
Transfers and others		21,066			—			42,477			897			(455	)		5,614			11			6,576			76			(76,262	)		—
Translation differences charged directly    to cumulative translation adjustments		—			—			(1	)		—			(1	)		—			—			(1	)		—			—			(3	)
Adjustments		9			871			(700	)		28			125			1			53			(122	)		—			(201	)		64
Depreciation of revaluation increment    on investment properties transferred    to property and equipment charged    to other comprehensive income		—			—			—			(1	)		—			—			—			—			—			—			(1	)
Depreciation and amortization (Note 3)		(9,922	)		(398	)		(11,154	)		(1,282	)		(4,664	)		(14,224	)		(10	)		(862	)		(24	)		—			(42,540	)
Net book value at end of the year		58,290			549			111,603			4,973			6,596			17,340			4,148			7,217			92			50,060			260,868
As at December 31, 2020
Cost		205,338			3,134			298,169			23,647			41,856			46,885			4,427			23,868			104			50,060			697,488
Accumulated depreciation, impairment    and amortization		(147,048	)		(2,585	)		(186,566	)		(18,674	)		(35,260	)		(29,545	)		(279	)		(16,651	)		(12	)		—			(436,620	)
Net book value		58,290			549			111,603			4,973			6,596			17,340			4,148			7,217			92			50,060			260,868

Summary of Estimated Useful Lives of Property and Equipment

As at December 31, 2020 and 2019, the estimated useful lives of our property and equipment are as follows:

Cable and wire facilities	5 – 15 years
Central equipment	3 – 15 years
Network facilities	3 – 15 years
Buildings	25 – 50 years
Vehicles, furniture and other network equipment	3 – 15 years
Information origination and termination equipment	3 – 15 years
Land improvements	10 years
IT systems and platforms	3 – 5 years
Security platforms	3 – 5 years
Leasehold improvements	3 – 10 years or the term of the lease, whichever is shorter

Impairment of Certain Wireless Network Equipment and Facilities  

In 2018, Digitel and DMPI recognized an impairment loss amounting to Php1,096 million and Php862 million, respectively, as a result of the full migration of fixed line subscribers to PLDT network for Digitel and continued network convergence strategy for DMPI.

See Note 3 – Management’s Use of Accounting Judgments, Estimates and Assumptions – Impairment of non-financial assets and Estimating useful lives of Property and equipment.