Below are the financial statements of Manila Electric, 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 billions of PHP | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Noncurrent assets | — | — |
| Utility plant, generation plant and others | 288.5a | 272.44a |
| Investments in associates and interests in joint ventures | 47.51a | 38.39a |
| Investment properties | 1.49a | 1.49a |
| Intangible assets | 41.56a | 53.63a |
| Deferred tax assets - net | 26.38a | 24.63a |
| Financial and other noncurrent assets | 32.9a | 35.23a |
| Total noncurrent assets | 438.34a | 425.81a |
| Current assets | — | — |
| Cash and cash equivalents | 84.48a | 82.79a |
| Trade and other receivables | 64.7a | 48.27a |
| Inventories | 11.42a | 11.13a |
| Financial and other current assets | 19.02a | 20.43a |
| Total current assets | 179.62a | 162.62a |
| Total assets | 617.96a | 588.43a |
| Equity and liabilities | — | — |
| Common stock | 11.27a | 11.27a |
| Additional paid-in capital | 4.11a | 4.11a |
| Equity reserve | 0.96a | -0.11a |
| Employee stock purchase plan | 1.05a | 1.05a |
| Hedging reserve | 1.28a | 0a |
| Unrealized fair value gains on financial assets at fair value through other comprehensive income (FVOCI) | 0.8a | 0.49a |
| Remeasurement adjustments on retirement and other post-employment liabilities | 0.94a | 3.42a |
| Share in remeasurement adjustments on associates' retirement liabilities | -0.03a | -0.03a |
| Share in other comprehensive income and cumulative translation adjustments of associates | 1.58a | 0.31a |
| Cumulative translation adjustments of subsidiaries | -0.68a | 0.05a |
| Treasury shares | -0.01a | -0.01a |
| Retained earnings | 123.34a | 101.75a |
| Equity attributable to equity holders of the parent company | 144.6a | 122.3a |
| Non-controlling interests | 41.28a | 45.81a |
| Total equity | 185.88a | 168.1a |
| Noncurrent liabilities | — | — |
| Interest-bearing long-term financial liabilities - net of current portion | 54.8a | 62.27a |
| Customers' deposits - net of current portion | 33.27a | 34.13a |
| Long-term employee benefits | 16.26a | 10.26a |
| Provisions | 9.86a | 11.35a |
| Refundable service extension costs - net of current portion | 3.75a | 4.05a |
| Deferred tax liabilities - net | 8.77a | 9.85a |
| Other noncurrent liabilities | 68.99a | 54.7a |
| Total noncurrent liabilities | 195.7a | 186.61a |
| Current liabilities | — | — |
| Notes payable | 34.29a | 27.58a |
| Trade payables and other current liabilities | 191.47a | 192.15a |
| Customers' refund | 2.85a | 2.85a |
| Income tax payable | 2.07a | 1.55a |
| Current portion of interest-bearing long-term financial liabilities | 5.69a | 9.59a |
| Total current liabilities | 236.37a | 233.72a |
| Total liabilities | 432.08a | 420.33a |
| Total liabilities and equity | 617.96a | 588.43a |
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