The sensitivity analysis below has been determined based on reasonably possible changes of each significant assumption on the defined benefit obligation as at December 31, 2017 and 2016, assuming if all other assumptions were held constant:
|
|
|
Increase (Decrease) |
|
||||
|
|
|
(in million pesos) |
|
||||
|
Discount rate |
|
1 |
% |
|
|
(2,262 |
) |
|
|
|
(1 |
%) |
|
|
2,638 |
|
|
Future salary increases |
|
1 |
% |
|
|
2,606 |
|
|
|
|
(1 |
%) |
|
|
(2,288 |
) |