ABS-CBN CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Amounts in Thousands) 12/31/2020 12/31/2019 12/31/2018 ASSETS Current Assets Cash and cash equivalents (Note 6) Short- term Investments (Note 6) Trade and other receivables (Note 7 and 23) Inventories Program rights and other Intangible assets (Note 12) Other current assets (Note 9,15 and 23) Php 6,429,726.00 11,680.00 5,563,130.00 524,905.00 1,011,070.00 5,142,376.00 18,682,887.00 Php 12,169,917.00 6,998,695.00 10,605,433.00 675,607.00 1,286,661.00 Php18,104,686.00 1,804,041.00 10,369,080.00 680,628.00 1,359,188.00 5,411,370.00 5,383,138.00 Total Current Assets 37,147,683.00 37,780,761.00 Noncurrent Assets 26,758,264.00 Property and equipment (Notes 10,18 and 31) Goodwill, program rights, and other intangible assets-net of 27,473,741.00 27,875,625.00 current position (Note 12) 10.421.284.00 11,384,697.00 13,310,366.00 Financial assets at fair value through other comprehensive income (FVOCI) (Note 13) Investment properties (Note 11 and 18) 263,126.00 198,692.00 268,304.00 268,304.00 61,846.00 141,112.00 Investments in associates and joint ventures (Note 14) Deferred tax assets (Note 29) 161,382.00 1,715,052.00 425,864.00 1,147,107.00 202,763.00 495,247.00 Other noncurrent assets (Notes 7,16 and 23) 984,350.00 1,203,626.00 3,020,803.00 Total Noncurrent Assets 40,243,290.00 58,926,177.00 42,096,853.00 79,244,536.00 1,685,348.00 84,559,217.00 TOTAL ASSETS LIABILITIES AND EQUITY Current Liabilities Trade and other payables (Notes 4, 17, 23 and 30) Php 9.826,832.00 Php 11,772,942.00 Php13,637,426.00 Contract Liabilities (Note 9) Income tax payable Obligations for program rights (Note 19) Current lease liabilities (Note 31) Interest-bearing loans and borrowings (Notes 10,11, 18) 1,064,650.00 302,649.00 756,876.00 890,644.00 208,056.00 218,521.00 233,560.00 310,088.00 17,053,458.00 303,440.00 441,875.00 302,647.00 513,755.00 414,911.00 Total Current Liabilities 28,399,335.00 14,260,065.00 15,592,912.00 Noncurrent Liabilities Interest-bearing loans and borrowings - net of current portion (Notes 10, 11, and 18) 4,433,796.00 25,512,844.00 27,810,584.00 Obligations for program rights -net of current portion (Note 19) 360,996.00 441,466.00 541,548.00 Accrued pension obligation and other employee benefits (Note 30) Deferred tax liabilities (Note 29) Noncurrent lease liabilities (Note 31) Convertible note (Note 20) Other noncurrent liabilities (Note 21) 6,958,955.00 353,639.00 6,004,432.00 458,355.00 4,029,891.00 138,271.00 636,234.00 243,477.00 340,894.00 780,719.00 238,305.00 457,145.00 221,217.00 500,346.00 Total Noncurrent Liabilities 13,327,991.00 33,893,266.00 33,241,857.00 Total Liabilities 41,727,326.00 48,153,331.00 48,834,769.00
ABS-CBN CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Amounts in Thousands) 12/31/2020 12/31/2019 12/31/2018 ASSETS Current Assets Cash and cash equivalents (Note 6) Short- term Investments (Note 6) Trade and other receivables (Note 7 and 23) Inventories Program rights and other Intangible assets (Note 12) Other current assets (Note 9,15 and 23) Php 6,429,726.00 11,680.00 5,563,130.00 524,905.00 1,011,070.00 5,142,376.00 18,682,887.00 Php 12,169,917.00 6,998,695.00 10,605,433.00 675,607.00 1,286,661.00 Php18,104,686.00 1,804,041.00 10,369,080.00 680,628.00 1,359,188.00 5,411,370.00 5,383,138.00 Total Current Assets 37,147,683.00 37,780,761.00 Noncurrent Assets 26,758,264.00 Property and equipment (Notes 10,18 and 31) Goodwill, program rights, and other intangible assets-net of 27,473,741.00 27,875,625.00 current position (Note 12) 10.421.284.00 11,384,697.00 13,310,366.00 Financial assets at fair value through other comprehensive income (FVOCI) (Note 13) Investment properties (Note 11 and 18) 263,126.00 198,692.00 268,304.00 268,304.00 61,846.00 141,112.00 Investments in associates and joint ventures (Note 14) Deferred tax assets (Note 29) 161,382.00 1,715,052.00 425,864.00 1,147,107.00 202,763.00 495,247.00 Other noncurrent assets (Notes 7,16 and 23) 984,350.00 1,203,626.00 3,020,803.00 Total Noncurrent Assets 40,243,290.00 58,926,177.00 42,096,853.00 79,244,536.00 1,685,348.00 84,559,217.00 TOTAL ASSETS LIABILITIES AND EQUITY Current Liabilities Trade and other payables (Notes 4, 17, 23 and 30) Php 9.826,832.00 Php 11,772,942.00 Php13,637,426.00 Contract Liabilities (Note 9) Income tax payable Obligations for program rights (Note 19) Current lease liabilities (Note 31) Interest-bearing loans and borrowings (Notes 10,11, 18) 1,064,650.00 302,649.00 756,876.00 890,644.00 208,056.00 218,521.00 233,560.00 310,088.00 17,053,458.00 303,440.00 441,875.00 302,647.00 513,755.00 414,911.00 Total Current Liabilities 28,399,335.00 14,260,065.00 15,592,912.00 Noncurrent Liabilities Interest-bearing loans and borrowings - net of current portion (Notes 10, 11, and 18) 4,433,796.00 25,512,844.00 27,810,584.00 Obligations for program rights -net of current portion (Note 19) 360,996.00 441,466.00 541,548.00 Accrued pension obligation and other employee benefits (Note 30) Deferred tax liabilities (Note 29) Noncurrent lease liabilities (Note 31) Convertible note (Note 20) Other noncurrent liabilities (Note 21) 6,958,955.00 353,639.00 6,004,432.00 458,355.00 4,029,891.00 138,271.00 636,234.00 243,477.00 340,894.00 780,719.00 238,305.00 457,145.00 221,217.00 500,346.00 Total Noncurrent Liabilities 13,327,991.00 33,893,266.00 33,241,857.00 Total Liabilities 41,727,326.00 48,153,331.00 48,834,769.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Financial Statement Analysis
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Working Capital Current Ratio - Quick Ratio
- Cash Position Ratio
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