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Manila Electric Co (PHS:MER) PensionAndRetirementBenefit : ₱16,263 Mil (As of Dec. 2024)


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What is Manila Electric Co PensionAndRetirementBenefit?

Manila Electric Co's PensionAndRetirementBenefit for the quarter that ended in Dec. 2024 was ₱16,263 Mil.

Manila Electric Co's quarterly PensionAndRetirementBenefit increased from Jun. 2024 (₱11,731 Mil) to Sep. 2024 (₱12,334 Mil) and increased from Sep. 2024 (₱12,334 Mil) to Dec. 2024 (₱16,263 Mil).

Manila Electric Co's annual PensionAndRetirementBenefit increased from Dec. 2022 (₱2,893 Mil) to Dec. 2023 (₱10,263 Mil) and increased from Dec. 2023 (₱10,263 Mil) to Dec. 2024 (₱16,263 Mil).

Manila Electric Co PensionAndRetirementBenefit Historical Data

The historical data trend for Manila Electric Co's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Manila Electric Co PensionAndRetirementBenefit Chart

Manila Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,327.00 10,257.00 2,893.00 10,263.00 16,263.00

Manila Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,043.00 11,731.00 12,334.00 16,263.00 -

Manila Electric Co PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Manila Electric Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » PensionAndRetirementBenefit
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Traded in Other Exchanges
MERVF:USA MAEOY:USA
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Website
https://www.meralco.com.ph
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and coal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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