ASSETS
PERCENTA
CURRENT ASSETS 2022 2021 CHANGE GE STATUS
Cash and cash equivalents (Note 6, 31 and 32) ₱28,869,279.00 ₱24,692,675.00
Short-term investments (Note 6, 31 and 32) ₱619,168.00 ₱79,700.00
Financial assets at fair value through profit or
loss (Note 10, 31 and 32) ₱8,250,991.00 ₱14,412,902.00
Receivables and contract assets
(Note 7, 31 and 32) ₱9,627,435.00 ₱7,245,986.00
Inventories (Note 8) ₱17,297,648.00 ₱9,355,329.00
Other current assets (Note 9) ₱10,196,320.00 ₱9,595,475.00
TOTAL CURRENT ASSETS ₱74,860,841.00 ₱65,382,067.00
PERCENTA
NON-CURRENT ASSETS 2022 2021 CHANGE GE STATUS
Financial assets at fair value through profit or
loss (Notes 10, 31 and 32) ₱27,502.00 ₱40,232.00
Interests in and advances to joint ventures, co-
venturers and associates (Note 11) ₱18,111,291.00 ₱15,426,603.00
Property, plant and equipment (Note 12) ₱36,485,718.00 ₱30,608,819.00
Right-of-use assets (Note 29) ₱42,078,013.00 ₱38,168,366.00
Trademarks, goodwill and other intangible
assets (Note 14) ₱51,715,547.00 ₱50,610,888.00
Operating lease receivables (Notes 29 and 31) - ₱55,532.00
Finance lease receivables (Notes 29, 31 and 32) ₱41,619.00 ₱56,674.00
Deferred tax assets - net (Note 24) ₱6,026,842.00 ₱6,874,855.00
Other noncurrent assets (Notes 15, 31 and 32) ₱4,055,332.00 ₱3,614,191.00
₱158,541,864.0
TOTAL NON-CURRENT ASSETS 0 ₱145,456,160.00
₱233,402,705.0
TOTAL ASSETS 0 ₱210,838,227.00
LIABILITIES AND EQUITY
PERCENTA
CURRENT LIABILITIES 2022 2021 CHANGE GE STATUS
Trade payables and other current liabilities and
contract liabilities
(Notes 16, 31 and 32) ₱43,243,680.00 ₱32,952,755.00
Short-term debt (Note 18) ₱4,376,358.00 ₱510,000.00
Income tax payable ₱326,064.00 ₱148,617.00
Current portion of:
Lease liabilities (Notes 29, 31 and 32) ₱8,188,929.00 ₱7,284,154.00
Long-term debt (Notes 18, 31 and 32 ₱4,671,506.00 ₱4,950,565.00
Provisions (Note 17) ₱685,530.00 ₱0.00
TOTAL CURRENT LIABILITIES ₱61,492,067.00 ₱45,846,091.00
PERCENTA
NON-CURRENT LIABILITIES 2022 2021 CHANGE GE STATUS
Senior debt securities (Notes 18 and 31) ₱33,288,343.00 ₱30,426,149.00
Noncurrent portion of:
Lease liabilities (Notes 29, 31 and 32) ₱39,955,518.00 ₱35,899,523.00
Long-term debt (Notes 18, 31 and 32) ₱11,591,664.00 ₱17,409,612.00
Interest in an associate (Note 11) ₱0.00 ₱179,088.00
Pension liability (Note 25) ₱1,891,302.00 ₱2,416,465.00
Derivative liability (Notes 18, 31 and 32) ₱0.00 ₱12,795.00
Provisions (Note 17) ₱915,770.00 ₱1,035,636.00
Deferred tax liabilities - net (Note 24) ₱3,353,008.00 ₱3,428,713.00
TOTAL NON-CURRENT LIABILITIES ₱90,995,605.00 ₱90,807,981.00
TOTAL CURRENT AND NON-CURRENT ₱152,487,672.0
LIABILITIES 0 ₱136,654,072.00
EQUITY ATTRIBUTABLE TO EQUITY
HOLDERS OF THE PARENT COMPANY PERCENTA
(Note 31) 2022 2021 CHANGE GE STATUS
Capital stock:
Preferred (Note 19) ₱12,000,000.00 ₱12,000,000.00
Common - net of subscription receivable (Note
19) ₱1,131,217.00 ₱1,107,164.00
Additional paid-in capital (Note 19) ₱12,091,767.00 ₱10,331,342.00
Other reserve (Note 11) ₱1,877,400.00 ₱1,877,400.00
Cumulative translation adjustments of foreign
subsidiaries and interests in joint
ventures and associates (Note 11) ₱1,699,034.00 ₱1,082,109.00
Remeasurement loss on net defined benefit plan
- net of tax (Note 25 -₱693,347.00 -₱1,140,807.00
Comprehensive loss on derivative liability
(Note 18) ₱0.00 -₱12,795.00
Excess of cost over the carrying value of non-
controlling interests acquired
(Notes 11 and 19) -₱2,026,340.00 -₱2,026,340.00
Retained earnings (Note 19):
Appropriated for future expansion ₱18,700,000.00 ₱18,700,000.00
Unappropriated ₱17,621,540.00 ₱13,863,987.00
Less: Cost of common stock held in treasury
(Note 19) -₱180,511.00 -₱180,511.00
Senior perpetual securities (Notes 10 and 19) ₱20,264,804.00 ₱20,264,804.00
Non-controlling interests (Note 11) -₱1,570,531.00 -₱1,682,198.00
TOTAL EQUITY ₱80,915,033.00 ₱74,184,155.00
TOTAL CURRENT LIABILITIES, NON- ₱233,402,705.0
CURRENT LIABILITIES AND EQUITY 0 ₱210,838,227.00
ASSETS
CURRENT ASSETS 2022 % 2021 % CHANGE % STATUS
Cash and cash equivalents (Note 6, 31 and ₱28,869,279. ₱24,692,675.
32) 00 00
Short-term investments (Note 6, 31 and 32) ₱619,168.00 ₱79,700.00
Financial assets at fair value through profit ₱8,250,991.0 ₱14,412,902.
or loss (Note 10, 31 and 32) 0 00
Receivables and contract assets (Note 7, 31 ₱9,627,435.0 ₱7,245,986.0
and 32) 0 0
₱17,297,648. ₱9,355,329.0
Inventories (Note 8) 00 0
₱10,196,320. ₱9,595,475.0
Other current assets (Note 9) 00 0
₱74,860,841. ₱65,382,067.
TOTAL CURRENT ASSETS 00 00
NON-CURRENT ASSETS 2022 % 2021 % CHANGE % STATUS
Financial assets at fair value through profit
or loss (Notes 10, 31 and 32) ₱27,502.00 ₱40,232.00
Interests in and advances to joint ventures, ₱18,111,291. ₱15,426,603.
co-venturers and associates (Note 11) 00 00
₱36,485,718. ₱30,608,819.
Property, plant and equipment (Note 12) 00 00
₱42,078,013. ₱38,168,366.
Right-of-use assets (Note 29) 00 00
Trademarks, goodwill and other intangible ₱51,715,547. ₱50,610,888.
assets (Note 14) 00 00
Operating lease receivables (Notes 29 and
31) ₱0.00 ₱55,532.00
Finance lease receivables (Notes 29, 31
and 32) ₱41,619.00 ₱56,674.00
₱6,026,842.0 ₱6,874,855.0
Deferred tax assets - net (Note 24) 0 0
Other noncurrent assets (Notes 15, 31 and ₱4,055,332.0 ₱3,614,191.0
32) 0 0
₱158,541,86 ₱145,456,16
TOTAL NON-CURRENT ASSETS 4.00 0.00
₱233,402,70 ₱210,838,22
TOTAL ASSETS 5.00 7.00
LIABILITIES AND EQUITY
CURRENT LIABILITIES 2022 % 2021 % CHANGE % STATUS
Trade payables and other current liabilities
and contract liabilities ₱43,243,680. ₱32,952,755.
(Notes 16, 31 and 32) 00 00
₱4,376,358.0
Short-term debt (Note 18) 0 ₱510,000.00
Income tax payable ₱326,064.00 ₱148,617.00
Current portion of:
₱8,188,929.0 ₱7,284,154.0
Lease liabilities (Notes 29, 31 and 32) 0 0
₱4,671,506.0 ₱4,950,565.0
Long-term debt (Notes 18, 31 and 32 0 0
Provisions (Note 17) ₱685,530.00 ₱0.00
₱61,492,067. ₱45,846,091.
TOTAL CURRENT LIABILITIES 00 00
NON-CURRENT LIABILITIES 2022 2021
₱33,288,343. ₱30,426,149.
Senior debt securities (Notes 18 and 31) 00 00
Noncurrent portion of:
₱39,955,518. ₱35,899,523.
Lease liabilities (Notes 29, 31 and 32) 00 00
₱11,591,664. ₱17,409,612.
Long-term debt (Notes 18, 31 and 32) 00 00
Interest in an associate (Note 11) ₱0.00 ₱179,088.00
₱1,891,302.0 ₱2,416,465.0
Pension liability (Note 25) 0 0
Derivative liability (Notes 18, 31 and 32) ₱0.00 ₱12,795.00
₱1,035,636.0
Provisions (Note 17) ₱915,770.00 0
₱3,353,008.0 ₱3,428,713.0
Deferred tax liabilities - net (Note 24) 0 0
TOTAL NON-CURRENT ₱90,995,605. ₱90,807,981.
LIABILITIES 00 00
₱152,487,67 ₱136,654,07
TOTAL LIABILITIES 2.00 2.00
EQUITY ATTRIBUTABLE TO
EQUITY HOLDERS OF THE PARENT
COMPANY (Note 31) 2022 % 2021 % CHANGE % STATUS
Capital stock:
₱12,000,000. ₱12,000,000.
Preferred (Note 19) 00 00
Common - net of subscription receivable ₱1,131,217.0 ₱1,107,164.0
(Note 19) 0 0
₱12,091,767. ₱10,331,342.
Additional paid-in capital (Note 19) 00 00
₱1,877,400.0 ₱1,877,400.0
Other reserve (Note 11) 0 0
Cumulative translation adjustments of
foreign subsidiaries and interests in joint ₱1,699,034.0 ₱1,082,109.0
ventures and associates (Note 11) 0 0
-
Remeasurement loss on net defined benefit - ₱1,140,807.0
plan - net of tax (Note 25 ₱693,347.00 0
Comprehensive loss on derivative liability
(Note 18) ₱0.00 -₱12,795.00
Excess of cost over the carrying value of - -
non-controlling interests acquired ₱2,026,340.0 ₱2,026,340.0
(Notes 11 and 19) 0 0
Retained earnings (Note 19):
₱18,700,000. ₱18,700,000.
Appropriated for future expansion 00 00
₱17,621,540. ₱13,863,987.
Unappropriated 00 00
Less: Cost of common stock held in -
treasury (Note 19) ₱180,511.00 -₱180,511.00
Senior perpetual securities (Notes 10 and ₱20,264,804. ₱20,264,804.
19) 00 00
- -
₱1,570,531.0 ₱1,682,198.0
Non-controlling interests (Note 11) 0 0
TOTAL EQUITY ₱80,915,033. ₱74,184,155.
00 00
₱233,402,70 ₱210,838,22
TOTAL LIABILITIES AND EQUITY 5.00 7.00
