| Intangible assets |
17.Intangible assets The following is the movement of intangibles and their amortization and impairment for the years ended December 31, 2025, and 2024: | | | | | | | | | | | | | Licenses | | | | | | | | | | | and | | Other | | Concessions | | | | | | | software | | intangibles | | and rights | | Easements (1) | | Total | Cost | | | | | | | | | | | Balance as of December 31, 2024 | | 2,125 | | 1,210 | | 16,025 | | 1,662 | | 21,022 | Acquisitions | | 210 | | (2) | | 271 | | 23 | | 502 | Disposals | | (29) | | — | | (15) | | — | | (44) | Foreign currency translation | | (61) | | (118) | | (2,768) | | (77) | | (3,024) | Transfers/reclassifications | | 31 | | — | | 38 | | 41 | | 110 | Balance as of December 31, 2025 | | 2,276 | | 1,090 | | 13,551 | | 1,649 | | 18,566 | | | | | | | | | | | | Accumulated amortization and impairment losses | | | | | | | | | | | Balance as of December 31, 2024 | | (1,185) | | (178) | | (3,098) | | (148) | | (4,609) | Amortization | | (288) | | (15) | | (634) | | (8) | | (945) | Impairment (loss) recovery | | — | | — | | 12 | | — | | 12 | Disposals | | 28 | | — | | 11 | | — | | 39 | Foreign currency translation | | 42 | | 37 | | 892 | | 4 | | 975 | Transfers/reclassifications | | 3 | | — | | — | | — | | 3 | Balance as of December 31, 2025 | | (1,400) | | (156) | | (2,817) | | (152) | | (4,525) | | | | | | | | | | | | Net balance as of December 31, 2024 | | 940 | | 1,032 | | 12,927 | | 1,514 | | 16,413 | Net balance as of December 31, 2025 | | 876 | | 934 | | 10,734 | | 1,497 | | 14,041 |
(1) | Easements correspond to acquired rights for the passage of its operating assets, mainly energy transmission lines. These assets are acquired in perpetuity, so they do not have a specific term or contractual limit established and the right is maintained over time. The Ecopetrol Group also owns easements associated with rights-of-way for oil pipelines, which do have a finite useful life and generate amortization charges. |
| | | | | | | | | | | | | Licenses | | | | | | | | | | | and | | Other | | Concessions | | | | | | | software | | intangibles | | and rights | | Easements (1) | | Total | Cost | | | | | | | | | | | Balance as of December 31, 2023 | | 1,659 | | 970 | | 13,659 | | 1,557 | | 17,845 | Acquisitions | | 530 | | — | | 322 | | 14 | | 866 | Disposals | | (153) | | — | | (15) | | (3) | | (171) | Foreign currency translation | | 39 | | (96) | | 2,055 | | 69 | | 2,067 | Transfers/reclassifications | | 50 | | 336 | | 4 | | 25 | | 415 | Balance as of December 31, 2024 | | 2,125 | | 1,210 | | 16,025 | | 1,662 | | 21,022 | | | | | | | | | | | | Accumulated amortization and impairment losses | | | | | | | | | | | Balance as of December 31, 2023 | | (961) | | (256) | | (1,781) | | (132) | | (3,130) | Amortization | | (263) | | (15) | | (568) | | (7) | | (853) | Losses for impairment | | (3) | | — | | (43) | | — | | (46) | Disposals | | 70 | | — | | 7 | | 1 | | 78 | Foreign currency translation | | (25) | | 91 | | (713) | | (3) | | (650) | Transfers/reclassifications | | (3) | | 2 | | — | | (7) | | (8) | Balance as of December 31, 2024 | | (1,185) | | (178) | | (3,098) | | (148) | | (4,609) | | | | | | | | | | | | Net balance as of December 31, 2023 | | 698 | | 714 | | 11,878 | | 1,425 | | 14,715 | Net balance as of December 31, 2024 | | 940 | | 1,032 | | 12,927 | | 1,514 | | 16,413 |
(1) | Easements correspond to acquired rights for the passage of its operating assets, mainly energy transmission lines. These assets are acquired in perpetuity, so they do not have a specific term or contractual limit established and the right is maintained over time. The Ecopetrol Group also owns easements associated with rights-of-way for oil pipelines, which do have a finite useful life and generate amortization charges. |
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