21.Trade and other payables | | | | | | | 2025 | | 2024 | Current | | | | | Suppliers (1) | | 11,586 | | 15,072 | Advances for associated operations | | 1,198 | | 982 | Withholding tax (2) | | 1,023 | | 1,341 | Insurance and reinsurance | | 405 | | 280 | Deposits received from third parties | | 279 | | 185 | Dividends payable | | 224 | | 629 | Agreements in transport contracts | | 108 | | 61 | Related parties (Note 31) | | 50 | | 65 | Various creditors | | 886 | | 687 | | | 15,759 | | 19,302 |
(1) | The variation includes $1,109 from the consideration paid to Repsol in the first quarter of 2025 for the acquisition of Block CPO09. |
(2) | Includes withholding taxes on income generated primarily by Ecopetrol S.A. |
The carrying amount of trade accounts and other accounts payable approximates their fair value due to their short–term nature.
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