|
6. |
Components of Other Comprehensive Income |
Changes in other comprehensive income under equity of our consolidated statements of financial position for the years ended December 31, 2017, 2016 and 2015 are as follows:
|
|
|
Foreign currency translation differences of subsidiaries |
|
|
Net gains on available- for-sale financial investments – net of tax |
|
|
Net transactions on cash flow hedges –net of tax |
|
|
Revaluation increment on investment properties – net of tax |
|
|
Actuarial losses on defined benefit plans – net of tax |
|
|
Share in the other comprehensive income of associates and joint ventures accounted for using the equity method |
|
|
Total other comprehensive income (loss) attributable to equity holders of PLDT |
|
|
Share of noncontrolling interests |
|
|
Total other comprehensive loss – net of tax |
|
|||||||||
|
|
|
(in million pesos) |
|
|||||||||||||||||||||||||||||||||
|
Balances as at January 1, 2017 |
|
|
608 |
|
|
|
936 |
|
|
|
7 |
|
|
|
619 |
|
|
|
(23,376 |
) |
|
|
312 |
|
|
|
(20,894 |
) |
|
|
7 |
|
|
|
(20,887 |
) |
|
Other comprehensive income (loss) |
|
|
(25 |
) |
|
|
3,364 |
|
|
|
(376 |
) |
|
|
1 |
|
|
|
(1,091 |
) |
|
|
306 |
|
|
|
2,179 |
|
|
|
7 |
|
|
|
2,186 |
|
|
Recycled to retained earnings |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(436 |
) |
|
|
(436 |
) |
|
|
— |
|
|
|
(436 |
) |
|
Balances as at December 31, 2017 |
|
|
583 |
|
|
|
4,300 |
|
|
|
(369 |
) |
|
|
620 |
|
|
|
(24,467 |
) |
|
|
182 |
|
|
|
(19,151 |
) |
|
|
14 |
|
|
|
(19,137 |
) |
|
Balances as at January 1, 2016 |
|
|
524 |
|
|
|
76 |
|
|
|
(3 |
) |
|
|
602 |
|
|
|
(19,805 |
) |
|
|
404 |
|
|
|
(18,202 |
) |
|
|
12 |
|
|
|
(18,190 |
) |
|
Other comprehensive income (loss) |
|
|
84 |
|
|
|
860 |
|
|
|
10 |
|
|
|
17 |
|
|
|
(3,571 |
) |
|
|
151 |
|
|
|
(2,449 |
) |
|
|
(5 |
) |
|
|
(2,454 |
) |
|
Recycled to retained earnings |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(243 |
) |
|
|
(243 |
) |
|
|
— |
|
|
|
(243 |
) |
|
Balances as at December 31, 2016 |
|
|
608 |
|
|
|
936 |
|
|
|
7 |
|
|
|
619 |
|
|
|
(23,376 |
) |
|
|
312 |
|
|
|
(20,894 |
) |
|
|
7 |
|
|
|
(20,887 |
) |
|
Balances as at January 1, 2015 |
|
|
489 |
|
|
|
8,211 |
|
|
|
(34 |
) |
|
|
603 |
|
|
|
(18,207 |
) |
|
|
653 |
|
|
|
(8,285 |
) |
|
|
2 |
|
|
|
(8,283 |
) |
|
Other comprehensive income (loss) |
|
|
35 |
|
|
|
(8,135 |
) |
|
|
31 |
|
|
|
(1 |
) |
|
|
(1,598 |
) |
|
|
(249 |
) |
|
|
(9,917 |
) |
|
|
10 |
|
|
|
(9,907 |
) |
|
Balances as at December 31, 2015 |
|
|
524 |
|
|
|
76 |
|
|
|
(3 |
) |
|
|
602 |
|
|
|
(19,805 |
) |
|
|
404 |
|
|
|
(18,202 |
) |
|
|
12 |
|
|
|
(18,190 |
) |
Revaluation increment on investment properties pertains to the difference between the carrying value and fair value of property and equipment transferred to investment property at the time of change in classification.