PLDT Inc. | CIK:0000078150 |

Classifications

Terms

Conditions

2017

2016

(in million pesos)

Indirect investment in joint ventures through

   PCEV:

Meralco

Accrued expenses

and other current

liabilities (Note 24)

Electricity

charges – immediately

upon receipt of invoice

Unsecured

653

327

Accrued expenses

and other current

liabilities (Note 24)

Pole rental – 45 days upon receipt of billing

Unsecured

5

—

MPIC

Advances and other

noncurrent assets – net

of current portion

(Note 10)

Due on 2019 to 2021

for 2017 and 2018 to

2020 for 2016; non-

interest- bearing

Unsecured

11,461

6,514

Trade and other

receivables

(Notes 10 and 17)

Due on June 2018 for

2017 and June 2017

for 2016; non-

interest- bearing

Unsecured

4,091

1,838

Transactions with major stockholders, directors

   and officers:

NTT Finance Corporation

Interest-bearing

financial liabilities

(Note 21)

Non-amortizing,

payable upon

maturity on

March 30, 2023

Unsecured

2,498

1,244

NTT World Engineering Marine Corporation

Accrued expenses

and other current

liabilities (Note 24)

1st month of each

quarter; non-interest-

bearing

Unsecured

33

35

NTT Communications

Accrued expenses

and other current

liabilities (Note 24)

30 days upon receipt

of invoice; non-interest-

bearing

Unsecured

9

54

NTT Worldwide Telecommunications

   Corporation

Accrued expenses

and other current

liabilities (Note 24)

30 days upon receipt

of invoice; non-interest-

bearing

Unsecured

6

3

NTT DOCOMO

Accrued expenses

and other current

liabilities (Note 24)

30 days upon receipt

of invoice; non-interest-

bearing

Unsecured

11

41

JGSHI and Subsidiaries

Accounts payable and

accrued expenses

and other current

liabilities

(Notes 23 and 24)

Immediately upon receipt

of invoice

Unsecured

11

2

Malayan Insurance Co., Inc., or Malayan

Prepayments (Note 19)

Immediately upon receipt

of invoice

Unsecured

66

83

Accrued expenses

and other current

liabilities (Note 24)

Immediately upon receipt

of invoice

Unsecured

11

11

Gotuaco del Rosario and Associates, or Gotuaco

Prepayments (Note 19)

Immediately upon receipt

of invoice

Unsecured

12

4

Accrued expenses

and other current

liabilities (Note 24)

Immediately upon receipt

of invoice

Unsecured

15

—

Others:

TV5 Network, Inc., or TV5

Prepayments (Note 19)

—

Unsecured

277

414

Dakila Cable TV Corp., or Dakila

Accrued expenses

and other current

liabilities (Note 24)

Immediately upon receipt

of invoice

Unsecured

125

—

Various

Trade and other

receivables (Note 17)

30 days upon receipt

of invoice

Unsecured

1,867

1,416

Accounts payable (Note 23)

Immediately upon receipt

of billing

Unsecured

365

339

Accrued expenses

and other current

liabilities (Note 24)

Immediately upon receipt

of billing

Unsecured

35

39

Classifications

2017

2016

2015

(in million

pesos)

Indirect investment in joint ventures through PCEV:

Meralco

Repairs and

maintenance

2,397

2,401

2,328

Rent

298

272

264

Meralco Industrial Engineering Services

   Corporation, or MIESCOR

Repairs and

maintenance

117

144

165

Construction-

in-progress

81

67

95

Transactions with major stockholders, directors

   and officers:

NTT Finance Corporation

Financing costs

56

19

—

NTT World Engineering Marine Corporation

Repairs and

maintenance

47

18

60

NTT Communications

Professional and

other contracted

services

88

77

77

Rent

4

7

10

NTT Worldwide Telecommunications

   Corporation

Selling and

promotions

8

10

14

NTT DOCOMO

Professional and

other contracted

services

94

95

90

JGSHI and Subsidiaries

Rent

118

125

303

Repairs and

maintenance

69

57

20

Communication,

training and

travel

2

2

2

Malayan

Insurance and

security services

179

242

236

Gotuaco

Insurance and

security services

126

156

—

Asia Link B.V., or ALBV

Professional and

other contracted

services

190

183

203

Indirect investment in associate through

   ACeS Philippines:

AIL

Cost of sales

(Note 5)

—

—

16

Others:

TV5

Selling and promotions

149

126

161

Dakila

Cost of services

514

116

51

Various

Revenues

2,059

781

864

Expenses

1,223

1,113

972