Below are the financial statements of Aboitiz Equity Ventures, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of PHP | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 81,793.3a | 112,293.58a |
| Trade and other receivables | 62,204.82a | 58,202.03a |
| Inventories | 45,003.11a | 45,569.65a |
| Derivative asset | 328.98a | 355.51a |
| Other current assets | 23,168.81a | 37,963.07a |
| Total current assets | 212,499a | 254,383.85a |
| Noncurrent assets | — | — |
| Property, plant and equipment | 240,612.39a | 229,700.59a |
| Investments and advances | 250,139.82a | 224,141.13a |
| Intangible assets | 138,928.87a | 81,888a |
| Investment properties | 14,541.09a | 14,077.5a |
| Deferred income tax assets - net | 2,167.55a | 1,830.3a |
| Trade receivables - net of current portion | 418.66a | 377.21a |
| Net pension assets | 304.26a | 262.81a |
| Other noncurrent assets | 34,088.91a | 27,213.27a |
| Total noncurrent assets | 681,201.55a | 579,490.81a |
| Total assets | 893,700.55a | 833,874.66a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Trade and other payables | 58,793.45a | 56,145.9a |
| Bank loans | 40,959.21a | 41,040.45a |
| Current portions of | — | — |
| Long-term debts | 30,397.74a | 15,218.41a |
| Long-term obligation on power distribution system (PDS) | 40a | 40a |
| Lease liabilities | 326.54a | 245.76a |
| Derivative liability | 250.12a | 506.34a |
| Income tax payable | 1,879.06a | 724.24a |
| Total current liabilities | 132,646.11a | 113,921.1a |
| Noncurrent liabilities | — | — |
| Noncurrent portions of | — | — |
| Long-term debts | 328,120.09a | 316,356.78a |
| Lease liabilities | 4,470.97a | 3,101.89a |
| Trade payables | 1,870.34a | 1,185.42a |
| Long-term obligation on power distribution system (PDS) | 57.24a | 82.73a |
| Customers’ deposits | 9,871.35a | 9,112.91a |
| Decommissioning liability | 5,259.21a | 7,363.73a |
| Deferred income tax liabilities - net | 13,843.9a | 6,234.46a |
| Net pension liability | 1,192.09a | 1,169.21a |
| Derivative liability - net of current portion | 3.7a | 0a |
| Total noncurrent liabilities | 364,688.87a | 344,607.11a |
| Total liabilities | 497,334.98a | 458,528.22a |
| Equity | — | — |
| Attributable to equity holders of the parent | — | — |
| Capital stock | 5,694.6a | 5,694.6a |
| Additional paid-in capital | 13,013.2a | 13,013.2a |
| Equity reserve | 30,120.77a | 29,423.1a |
| Accumulated other comprehensive income | 559.71a | -2,306.96a |
| Retained earnings | — | — |
| Appropriated | 88,800a | 88,800a |
| Unappropriated | 148,736.03a | 138,476.22a |
| Treasury stock at cost | -3,642.07a | -1,145.43a |
| Attributable to equity holders of the parent | 283,282.24a | 271,954.73a |
| Non-controlling interests | 113,083.34a | 103,391.71a |
| Total equity | 396,365.58a | 375,346.44a |
| Total liabilities and equity | 893,700.55a | 833,874.66a |
| Cash and cash equivalents | 56,759.3a | 54,538.78a |
| Trade and other receivables | 36,593.25a | 34,247.54a |
| Inventories | 14,251.72a | 13,675.53a |
| Derivative assets | 314.65a | 355.31a |
| Other current assets | 15,107.45a | 12,986.26a |
| Total current assets | 123,026.35a | 115,803.43a |
| Investments and advances | 95,930.19a | 91,640.71a |
| Property, plant and equipment | 220,158.29a | 209,726.89a |
| Intangible assets | 51,859.8a | 49,757.1a |
| Net pension assets | 78.3a | 40.46a |
| Deferred income tax assets | 1,333.48a | 1,337.63a |
| Other noncurrent assets | 25,229.65a | 18,717.1a |
| Total noncurrent assets | 394,589.71a | 371,219.88a |
| Total assets | 517,616.07a | 487,023.31a |
| Short-term loans | 25,035.44a | 19,959.1a |
| Long-term debts | 16,465.26a | 10,730.45a |
| Lease liabilities | 170.88a | 81.96a |
| Long-term obligation on power distribution system (PDS) | 40a | 40a |
| Derivative liabilities | 229.92a | 481.6a |
| Trade and other payables | 35,706.64a | 32,868.67a |
| Income tax payable | 1,337.86a | 472.7a |
| Total current liabilities | 78,986a | 64,634.49a |
| Long-term debts | 197,254.01a | 203,540.68a |
| Lease liabilities | 4,275.02a | 2,832.88a |
| Long-term obligation on power distribution system (PDS) | 57.24a | 82.73a |
| Derivative liabilities | 3.7a | 0a |
| Customers’ deposits | 9,515.89a | 8,861.81a |
| Decommissioning liability | 5,259.21a | 7,363.73a |
| Deferred income tax liabilities | 5,478.49a | 4,829.49a |
| Net pension liabilities | 889.84a | 903.14a |
| Total noncurrent liabilities | 222,733.39a | 228,414.45a |
| Total liabilities | 301,719.39a | 293,048.94a |
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