PLDT INC.

AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As at June 30, 2023 and December 31, 2022
(in million pesos)

30-Jun-23 31-Dec-22
(Unaudited) (Audited)
ASSETS
NOTES
Noncurrent Assets
Property and equipment 9 313,415 292,745
21
Right-of-use asset 10 28,213 28,863
Investment in associates and joint ventures 11 50,248 51,546
Financial assets at fair value through profit or loss 27 491 432
Debt instruments at amortized cost-net of current portion 12 395 596
Investment properties 6 1,008 1,015
13
Goodwill and intangible assets 14 64,445 64,549
Deferred income tax assets-net 7 14,240 17,636
Derivative financial assset-net of current portion 27 27 81
Prepayments-net of current portion 18 69,678 81,053
24
25
Contract assets-net of current portion 5 586 662
Other financial asset-net of current portion 27 3,741 3,489
Other non-financial asset-net of current portion 159 166
Total Noncurrent Assets 546,646 542,833
Current Assets
Cash and cash equivalents 15 16,185 25,211
Short-term investments 27 267 383
Trade and other receivables 16 25,095 26,255
Inventories and supplies 17 2,991 3,568
Current portion of contract assets 5 1,532 1,571
Current portion of derivative financial assets 27 4 0
Current portion of debt instruments at amortized cost 12 200 0
Current portion of prepayments 18 14,045 14,696
24
Current portion of other financial assets 19 308 206
27
Current portion of other non-financial assets 1,201 668
61,828 72,558
Asset classified as held-for-sale 9 16,153 8771
10
Total Current Assets 77,981 81,329
TOTAL ASSETS 624,627 624,162
 EQUITY AND LIABILITIES
Equity
Non-voting serial preferred stock 19 360 360
Voting preferred stock 19 150 150
Common stock 19 1,093 1,093
Treasury stock 19 -6505 -6505
Capital in excess of par value 19 130,312 130,312
Retained earnings 19 24,473 18,799
Other comprehensive loss 6 -36,039 -35,482
Total Equity Attributable to Equity Holders of PLDT 113,844 108727
Noncontrolling interests 19 5,167 5,234
TOTAL EQUITY 119,011 113,961
Liabilities
Noncurrent Liabilities
Interest-bearing financial liabilities-net of current portion 20 234,623 217,288
Lease liabilities-net of current portion 10 32,269 31,958
Deferred income tax liabilities-net 7 171 204
Derivative financial liabilities-net of current portion 27 78 190
Customers deposits 27 2,243 2,313
Pension and other employee benefits 25 2,172 1,745
Deferred credits and other noncurrent liabilities 5 9,750 9,501
21
Total Noncurrent Liabilities 281,306 263,199
Current Liabilities
Accounts payable 22 84,691 105,187
Accrued expenses and other current liabilities 23 89,216 93,545
26
Current portion of interest-bearing financial liabilities 20 33,446 32,292
Current portion of lease liabilities 10 10,250 10,477
Dividends payable 19 1,762 1,821
Current portion of derivative financial liabilities 27 481 960
Income tax payable 1,369 982
221,215 245,264
Liabilities associated with assets classified as held-for-sale 10 3,095 1,738
Total Current Liabilities 224,310 247,002
TOTAL LIABILITIES 505,616 510,201
TOTAL EQUITY AND LIABILITIES 624,627 624,162
 HORIZONTAL VERTICAL
2023 2022
Peso % % %

20,670 7% 50% 47%

-650 -2% 5% 5%
-1,298 -3% 8% 8%
59 14% 0% 0%
-201 -34% 0% 0%
-7 -1% 0% 0%

-104 0% 10% 10%

-3,396 -19% 2% 3%
-54 -67% 0% 0%
-11,375 -14% 11% 13%

-76 -11% 0% 0%
252 7% 1% 1%
-7 -4% 0% 0%
3,813 1% 88% 87%

-9,026 -36% 3% 4%
-116 -30% 0% 0%
-1,160 -4% 4% 4%
-577 -16% 0% 1%
-39 -2% 0% 0%
4 _ 0% 0%
200 _ 0% 0%
-651 -4% 2% 2%

102 50% 0% 0%

533 80% 0% 0%
-10,730 -15% 10% 12%
7,382 84% 3% 1%

-3,348 -4% 12% 13%

465 0% 100% 100%
 0 0% 0% 0%
0 0% 0% 0%
0 0% 0% 0%
0 0% -1% -1%
0 0% 21% 21%
5,674 30% 4% 3%
-557 2% -6% -6%
5,117 5% 18% 17%
(67) -1% 1% 1%
5,050 4% 19% 18%

17,335 8% 38% 35%

311 1% 5% 5%
(33) -16% 0% 0%
(112) -59% 0% 0%
(70) -3% 0% 0%
427 24% 0% 0%
249 3% 2% 2%

18,107 7% 45% 42%

(20,496) -19% 14% 17%

(4,329) -5% 14% 15%

1,154 4% 5% 5%
(227) -2% 2% 0
(59) -3% 0% 0%
(479) -50% 0% 0%
387 39% 0% 0%
(24,049) -10% 35% 39%
1,357 78% 0% 0%
(22,692) -9% 36% 40%
(4,585) -1% 81% 82%
465 0% 100% 100%