The following table shows our consolidated foreign currency-denominated monetary financial assets and liabilities and their Philippine peso equivalents as at December 31, 2017 and 2016:
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2017 |
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|
2016 |
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|
U.S. Dollar |
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|
Php(1) |
|
|
U.S. Dollar |
|
|
Php(2) |
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|
|
|
(in millions) |
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Noncurrent Financial Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment in debt securities and other long term investments |
|
|
— |
|
|
|
1 |
|
|
|
7 |
|
|
|
348 |
|
|
Derivative financial assets – net of current portion |
|
|
4 |
|
|
|
215 |
|
|
|
10 |
|
|
|
499 |
|
|
Advances and other noncurrent assets – net of current portion |
|
|
— |
|
|
|
2 |
|
|
|
— |
|
|
|
18 |
|
|
Total noncurrent financial assets |
|
|
4 |
|
|
|
218 |
|
|
|
17 |
|
|
|
865 |
|
|
Current Financial Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
|
440 |
|
|
|
21,988 |
|
|
|
419 |
|
|
|
20,847 |
|
|
Short-term investments |
|
|
2 |
|
|
|
75 |
|
|
|
55 |
|
|
|
2,720 |
|
|
Trade and other receivables – net |
|
|
218 |
|
|
|
10,893 |
|
|
|
158 |
|
|
|
7,853 |
|
|
Current portion of derivative financial assets |
|
|
3 |
|
|
|
171 |
|
|
|
5 |
|
|
|
242 |
|
|
Current portion of investment in debt securities and other long-term investments |
|
|
2 |
|
|
|
100 |
|
|
|
— |
|
|
|
— |
|
|
Current portion of advances and other noncurrent assets |
|
|
— |
|
|
|
9 |
|
|
|
— |
|
|
|
8 |
|
|
Total current financial assets |
|
|
665 |
|
|
|
33,236 |
|
|
|
637 |
|
|
|
31,670 |
|
|
Total Financial Assets |
|
|
669 |
|
|
|
33,454 |
|
|
|
654 |
|
|
|
32,535 |
|
|
Noncurrent Financial Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest-bearing financial liabilities – net of current portion |
|
|
446 |
|
|
|
22,285 |
|
|
|
680 |
|
|
|
33,831 |
|
|
Derivative financial liabilities – net of current portion |
|
|
— |
|
|
|
8 |
|
|
|
— |
|
|
|
2 |
|
|
Other noncurrent liabilities |
|
|
— |
|
|
|
11 |
|
|
|
— |
|
|
|
5 |
|
|
Total noncurrent financial liabilities |
|
|
446 |
|
|
|
22,304 |
|
|
|
680 |
|
|
|
33,838 |
|
|
Current Financial Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
233 |
|
|
|
11,670 |
|
|
|
191 |
|
|
|
9,477 |
|
|
Accrued expenses and other current liabilities |
|
|
166 |
|
|
|
8,314 |
|
|
|
171 |
|
|
|
8,513 |
|
|
Current portion of interest-bearing financial liabilities |
|
|
259 |
|
|
|
12,922 |
|
|
|
496 |
|
|
|
24,671 |
|
|
Current portion of derivative financial liabilities |
|
|
3 |
|
|
|
141 |
|
|
|
5 |
|
|
|
225 |
|
|
Total current financial liabilities |
|
|
661 |
|
|
|
33,047 |
|
|
|
863 |
|
|
|
42,886 |
|
|
Total Financial Liabilities |
|
|
1,107 |
|
|
|
55,351 |
|
|
|
1,543 |
|
|
|
76,724 |
|
|
|
(1) |
The exchange rate used to convert the U.S. dollar amounts into Philippine peso was Php49.96 to US$1.00, the Philippine peso-U.S. dollar exchange rate as quoted through the Philippine Dealing System as at December 31, 2017. |
|
|
(2) |
The exchange rate used to convert the U.S. dollar amounts into Philippine peso was Php49.77 to US$1.00, the Philippine peso-U.S. dollar exchange rate as quoted through the Philippine Dealing System as at December 31, 2016. |