| Notes to the Statements of Cash Flows |
28.Notes to the Statements of Cash Flows The following table shows the changes in liabilities arising from financing activities as at December 31, 2025 and 2024:
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|
|
|
|
|
|
|
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|
|
|
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|
|
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|
January 1,
2025 |
|
|
Cash flows |
|
|
Foreign
exchange
movement |
|
|
Others |
|
|
2025 |
|
|
|
(in million pesos) |
|
Interest-bearing financial liabilities |
|
|
281,586 |
|
|
|
12,467 |
|
|
|
623 |
|
|
|
372 |
|
|
|
295,048 |
|
Lease liabilities |
|
|
54,038 |
|
|
|
(14,328 |
) |
|
|
33 |
|
|
|
24,430 |
|
|
|
64,173 |
|
Derivative financial liabilities |
|
|
97 |
|
|
|
(243 |
) |
|
|
— |
|
|
|
223 |
|
|
|
77 |
|
Accrued interests and other related costs |
|
|
2,426 |
|
|
|
(13,233 |
) |
|
|
— |
|
|
|
13,261 |
|
|
|
2,454 |
|
Dividends payable |
|
|
2,005 |
|
|
|
(20,590 |
) |
|
|
— |
|
|
|
20,672 |
|
|
|
2,087 |
|
|
|
|
340,152 |
|
|
|
(35,927 |
) |
|
|
656 |
|
|
|
58,958 |
|
|
|
363,839 |
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
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|
January 1,
2024 |
|
|
Cash flows |
|
|
Foreign
exchange
movement |
|
|
Others |
|
|
2024 |
|
|
|
(in million pesos) |
|
Interest-bearing financial liabilities |
|
|
254,798 |
|
|
|
24,722 |
|
|
|
1,698 |
|
|
|
368 |
|
|
|
281,586 |
|
Lease liabilities |
|
|
47,546 |
|
|
|
(12,079 |
) |
|
|
100 |
|
|
|
18,471 |
|
|
|
54,038 |
|
Derivative financial liabilities |
|
|
1,033 |
|
|
|
704 |
|
|
|
— |
|
|
|
(1,640 |
) |
|
|
97 |
|
Accrued interests and other related costs |
|
|
2,157 |
|
|
|
(10,740 |
) |
|
|
— |
|
|
|
11,009 |
|
|
|
2,426 |
|
Dividends payable |
|
|
1,912 |
|
|
|
(20,750 |
) |
|
|
— |
|
|
|
20,843 |
|
|
|
2,005 |
|
|
|
|
307,446 |
|
|
|
(18,143 |
) |
|
|
1,798 |
|
|
|
49,051 |
|
|
|
340,152 |
|
Others include the effect of accretion of long-term borrowings, effect of recognition and accretion of lease liabilities, unrealized mark-to-market losses of derivative financial instruments, effect of accrued but not yet paid interest on interest-bearing loans and borrowings and dividend declarations. Non-cash Investing Activities The following table shows our significant non-cash investing activities and corresponding transaction amounts as at December 31, 2025 and 2024:
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|
2025 |
|
|
2024 |
|
|
|
(in million pesos) |
|
Acquisition of property and equipment on account |
|
|
21,158 |
|
|
|
19,219 |
|
Additions to ROU assets |
|
|
20,808 |
|
|
|
15,607 |
|
Capitalization to property and equipment of: |
|
|
|
|
|
|
Inventories |
|
|
2,196 |
|
|
|
4,128 |
|
Foreign exchange differences – net |
|
|
308 |
|
|
|
686 |
|
Additional interest in investment in associates |
|
|
594 |
|
|
|
— |
|
Transfers from(to) property and equipment |
|
|
851 |
|
|
|
(417 |
) |
|
|
|
45,915 |
|
|
|
39,223 |
|
Non-cash Financing Activities The following table shows our significant non-cash financing activities and corresponding transaction amounts as at December 31, 2025 and 2024:
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|
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2025 |
|
|
2024 |
|
|
|
(in million pesos) |
|
Additions to lease liabilities |
|
|
20,800 |
|
|
|
15,607 |
|
|