Investment Properties (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure Of Investment Property [Abstract]

Summary of Changes in Investment Properties

Changes in investment properties account for the years ended December 31, 2020 and 2019 are as follows:

	Land			Land Improvements			Building			Total
	(in million pesos)
December 31, 2020
Balances at beginning of the year		607			5			166			778
Transfers from property and equipment		70			—			4			74
Net gains (losses) from fair value adjustments charged to profit or loss		51			(1	)		(7	)		43
Balances at end of the year		728			4			163			895
December 31, 2019
Balances at beginning of the year		595			6			176			777
Net gains (losses) from fair value adjustments charged to profit or loss		23			(1	)		(10	)		12
Disposals during the year		(11	)		—			—			(11	)
Balances at end of the year		607			5			166			778