v3.26.1
Accounts Payable (Tables)
12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Summary of Accounts Payable

As at December 31, 2025 and 2024, this account consists of:

 

 

 

2025

 

 

2024

 

 

 

(in million pesos)

 

Suppliers and contractors (Note 27)

 

 

49,896

 

 

 

58,524

 

Taxes (Note 26)

 

 

3,559

 

 

 

5,473

 

Carriers and others (Note 27)

 

 

2,674

 

 

 

2,579

 

Related parties

 

 

250

 

 

 

146

 

 

 

 

56,379

 

 

 

66,722

 

Certain suppliers entered into Trade Financing Arrangements (TFAs) to sell their receivables. The Purchaser will have exclusive ownership of the purchased receivables and all of its rights, title and interest. As of December 31, 2025 and 2024, the carrying amounts of liabilities entered into TFAs amounted to Php15,741 million and Php14,106 million, respectively. The same amounts were also received by the suppliers as at December 31, 2025 and 2024, respectively. These are presented as part of Accounts Payable – Suppliers and contractors.

Below are the range of payment terms:

Disclosure of Range of Payment Due Dates

Below are the range of payment terms:

 

 

 

2025

 

2024

 

 

 

Liabilities that are part of the arrangement

 

210-359 days after invoice due date

 

210-300 days after invoice due date

Comparable trade payables that are not part of an arrangement

 

30-300 days after invoice due date

 

30-300 days after invoice due date