v3.26.1
Investments in associates and joint ventures - Movement of investments in associates and joint ventures (Details) - COP ($)
$ in Billions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Investments in associates and joint ventures        
Opening balance $ 8,652 $ 8,419 $ 9,497  
Capital contributions 6 20 1  
Effects of equity method through:        
Profit or loss 710 764 805  
Other comprehensive income (671) (39) (1,350)  
Dividends declared (649) (527) (526)  
Impairment recovery   15 (8)  
Closing balance 8,048 8,652 8,419 $ 9,497
Dividends received   425 482 1,471
Joint ventures        
Investments in associates and joint ventures        
Opening balance 6,073 5,875 6,804  
Capital contributions 6 20 1  
Effects of equity method through:        
Profit or loss 565 629 607  
Other comprehensive income (590) (117) (1,181)  
Dividends declared (469) (349) (348)  
Impairment recovery   15 (8)  
Closing balance 5,585 6,073 5,875 6,804
Associates        
Investments in associates and joint ventures        
Opening balance 2,579 2,544 2,693  
Capital contributions 0 0    
Effects of equity method through:        
Profit or loss 145 135 198  
Other comprehensive income (81) 78 (169)  
Dividends declared (180) (178) (178)  
Impairment recovery   0    
Closing balance $ 2,463 $ 2,579 $ 2,544 $ 2,693