The following table sets forth our consolidated offsetting of financial assets and liabilities recognized as at December 31, 2017 and 2016:
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Gross amounts of recognized financial assets and liabilities |
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Gross amounts of recognized financial assets and liabilities set-off in the statement of financial position |
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Net amount presented in the statement of financial position |
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(in million pesos) |
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December 31, 2017 |
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Current Financial Assets |
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|
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Trade and other receivables |
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|
|
|
|
|
|
|
|
|
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Foreign administrations |
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8,536 |
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2,957 |
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5,579 |
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Domestic carriers |
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4,332 |
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3,950 |
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|
382 |
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Total |
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12,868 |
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6,907 |
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5,961 |
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Current Financial Liabilities |
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|
|
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|
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Accounts payable |
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|
|
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Suppliers and contractors |
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54,220 |
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24 |
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54,196 |
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Carriers and other customers |
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7,426 |
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4,943 |
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2,483 |
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Total |
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61,646 |
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|
4,967 |
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56,679 |
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December 31, 2016 |
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Current Financial Assets |
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|
|
|
|
|
|
|
|
|
|
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Trade and other receivables |
|
|
|
|
|
|
|
|
|
|
|
|
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Foreign administrations |
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9,391 |
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|
4,200 |
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|
|
5,191 |
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Domestic carriers |
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|
15,555 |
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|
|
15,335 |
|
|
|
220 |
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Total |
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24,946 |
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|
19,535 |
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|
5,411 |
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Current Financial Liabilities |
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|
|
|
|
|
|
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|
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Accounts payable |
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|
|
|
|
|
|
|
|
|
|
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Suppliers and contractors |
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46,857 |
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|
37 |
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46,820 |
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Carriers and other customers |
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5,311 |
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|
1,446 |
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3,865 |
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Total |
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52,168 |
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1,483 |
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50,685 |
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