| Summary of Changes in Other Comprehensive Loss |
Changes in other comprehensive loss under equity of our consolidated statements of financial position for the years ended December 31, 2025, 2024 and 2023 are as follows:
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Foreign currency translation differences of subsidiaries |
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Net loss on financial investments at FVPL – net of tax |
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Net transactions on cash flow hedges – net of tax |
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Revaluation increment on investment properties – net of tax |
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Remeasurements of post-employment benefit obligations -net of tax |
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Share in the other comprehensive income (loss) of associates and joint ventures accounted for using the equity method |
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Fair value changes of financial instrument at FVOCI |
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Total other comprehensive income (loss) attributable to equity holders of PLDT |
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Share of noncontrolling interests |
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Total other comprehensive income (loss) – net of tax |
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(in million pesos) |
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Balances as at January 1, 2025 |
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(47 |
) |
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— |
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(1,175 |
) |
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1,740 |
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(39,722 |
) |
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(29 |
) |
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— |
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(39,233 |
) |
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(50 |
) |
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(39,283 |
) |
Other comprehensive income (loss) |
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(127 |
) |
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— |
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167 |
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4,087 |
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(626 |
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(1 |
) |
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— |
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3,500 |
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(8 |
) |
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3,492 |
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Balances as at December 31, 2025 |
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(174 |
) |
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— |
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(1,008 |
) |
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5,827 |
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(40,348 |
) |
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(30 |
) |
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— |
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(35,733 |
) |
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(58 |
) |
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(35,791 |
) |
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Balances as at January 1, 2024 |
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(14 |
) |
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— |
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(1,414 |
) |
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544 |
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(38,260 |
) |
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(21 |
) |
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— |
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(39,165 |
) |
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10 |
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(39,155 |
) |
Other comprehensive income (loss) |
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(33 |
) |
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— |
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239 |
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1,196 |
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(1,462 |
) |
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(8 |
) |
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— |
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(68 |
) |
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(60 |
) |
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(128 |
) |
Balances as at December 31, 2024 |
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(47 |
) |
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— |
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(1,175 |
) |
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1,740 |
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(39,722 |
) |
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(29 |
) |
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— |
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(39,233 |
) |
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(50 |
) |
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(39,283 |
) |
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Balances as at January 1, 2023 |
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133 |
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(9 |
) |
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(1,549 |
) |
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544 |
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(32,856 |
) |
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(20 |
) |
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(3 |
) |
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(33,760 |
) |
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25 |
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(33,735 |
) |
Other comprehensive income (loss) |
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(139 |
) |
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— |
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200 |
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— |
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(5,469 |
) |
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3 |
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— |
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(5,405 |
) |
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(15 |
) |
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(5,420 |
) |
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(6 |
) |
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(9 |
) |
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(1,349 |
) |
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544 |
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(38,325 |
) |
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(17 |
) |
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(3 |
) |
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(39,165 |
) |
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10 |
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(39,155 |
) |
Adjustments |
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(8 |
) |
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9 |
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(65 |
) |
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— |
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65 |
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(4 |
) |
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3 |
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— |
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— |
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— |
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Balances as at December 31, 2023 |
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(14 |
) |
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— |
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(1,414 |
) |
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544 |
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(38,260 |
) |
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(21 |
) |
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— |
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(39,165 |
) |
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10 |
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(39,155 |
) |
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