PHI » Topics » Basis of Preparation

This excerpt taken from the PHI 6-K filed Mar 3, 2009.

Basis of Preparation

 

Our consolidated financial statements have been prepared under the historical cost basis except for the derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values.

 

Our consolidated financial statements are presented in Philippine peso, PLDT’s functional and presentation currency, and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Nov 4, 2008.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost basis except for the derivative financial instruments, available-for-sale financial investments and investment properties that have been measured at fair values.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the nine months ended September 30, 2008 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine peso, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Aug 5, 2008.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost basis except for the revaluation of derivative financial instruments, available-for-sale financial investments and investment properties that have been measured at fair values.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the six months ended June 30, 2008 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine peso, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed May 6, 2008.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost basis except for the revaluation of derivative financial instruments, available-for-sale financial investments and investment properties that have been measured at fair values.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the three months ended March 31, 2008 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine peso, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 20-F filed Apr 9, 2008.

Basis of Preparation

 

Our consolidated financial statements have been prepared under the historical cost convention except for the revaluation of derivative financial instruments, available-for-sale financial investments and investment properties that have been measured at fair values.

 

Our consolidated financial statements are presented in Philippine peso, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Mar 4, 2008.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values.

 

Our unaudited consolidated financial statements are presented in Philippine pesos, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Nov 6, 2007.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements have been prepared in conformity with Philippine Financial Reporting Standards, or PFRS.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the nine months ended September 30, 2007 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Aug 7, 2007.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the Philippines as set forth under Philippine Financial Reporting Standards, or PFRS.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the six months ended June 30, 2007 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed May 8, 2007.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the Philippines as set forth under Philippine Financial Reporting Standards, or PFRS.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the three months ended March 31, 2007 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos, PLDT’s functional and presentation currency and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Mar 6, 2007.

Basis of Preparation

 

Our consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Nov 7, 2006.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the Philippines as set forth under Philippine Financial Reporting Standards.

 

Our unaudited consolidated financial statements include, in our opinion, adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the nine months ended September 30, 2006 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Aug 8, 2006.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the Philippines as set forth in the Philippine Financial Reporting Standards.

 

Our unaudited consolidated financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the six months ended June 30, 2006 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed May 9, 2006.

Basis of Preparation

 

Our unaudited financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the three months ended March 31, 2006 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Feb 27, 2006.

Basis of Preparation

 

Our consolidated financial statements have been prepared under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that have been measured at fair values. The carrying values of recognized assets and liabilities that are hedged items in fair value hedges, and are otherwise carried at cost, are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Nov 8, 2005.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared in conformity with Philippine Generally Accepted Accounting Principles, or Philippine GAAP, under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that are measured at fair value. The carrying values of recognized assets and liabilities that are hedged are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the nine months ended September 30, 2005 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Aug 4, 2005.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared in conformity with Philippine Generally Accepted Accounting Principles, or Philippine GAAP, under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that are measured at fair value. The carrying values of recognized assets and liabilities that are hedged are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the six months ended June 30, 2005 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed Aug 4, 2005.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared in conformity with Philippine Generally Accepted Accounting Principles, or Philippine GAAP, under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that are measured at fair value. The carrying values of recognized assets and liabilities that are hedged are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the six months ended June 30, 2005 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

This excerpt taken from the PHI 6-K filed May 5, 2005.

Basis of Preparation

 

Our unaudited consolidated financial statements have been prepared in conformity with Philippine Generally Accepted Accounting Principles, or Philippine GAAP, under the historical cost convention as modified by the revaluation of derivative financial instruments, available-for-sale financial assets and investment properties that are measured at fair value. The carrying values of recognized assets and liabilities that are hedged are adjusted to record changes in the fair values attributable to the risks that are being hedged.

 

Our unaudited consolidated financial statements include, in our opinion, all adjustments consisting only of normal recurring adjustments, necessary to present fairly the results of operations for the interim periods. The results of operations for the three months ended March 31, 2005 are not necessarily indicative of the results of operations that may be expected for the full year.

 

Our unaudited consolidated financial statements are presented in Philippine pesos and all values are rounded to the nearest million except when otherwise indicated.

 

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