v3.26.1
Consolidated statement of changes in equity - COP ($)
$ in Billions
Subscribed and paid-in capital
Adoption of new standards
Subscribed and paid-in capital
After adoption of new standards IFRS
Subscribed and paid-in capital
Additional paid-in capital
Adoption of new standards
Additional paid-in capital
After adoption of new standards IFRS
Additional paid-in capital
Reserves
Adoption of new standards
Reserves
After adoption of new standards IFRS
Reserves
Other comprehensive income
Adoption of new standards
Other comprehensive income
After adoption of new standards IFRS
Other comprehensive income
Retained earnings
Adoption of new standards
Retained earnings
After adoption of new standards IFRS
Retained earnings
Total
Adoption of new standards
Total
After adoption of new standards IFRS
Total
Non-controlling interest
Adoption of new standards
Non-controlling interest
After adoption of new standards IFRS
Non-controlling interest
Adoption of new standards
After adoption of new standards IFRS
Total
Opening balance at Dec. 31, 2022 $ 0 $ 25,040 $ 25,040 $ 0 $ 6,608 $ 6,608 $ 0 $ 8,899 $ 8,899 $ 0 $ 15,797 $ 15,797 $ (5) $ 29,807 $ 29,812 $ (5) $ 86,151 $ 86,156 $ 0 $ 27,748 $ 27,748 $ (5) $ 113,899 $ 113,904
Net profit     0     0     0     0     21,061     21,061     4,322     25,383
Release of reserves     0     0     (2,491)     0     2,491     0     0     0
Dividends declared     0     0     0     0     (24,382)     (24,382)     (3,146)     (27,528)
Equity restitution     0     0     0     0     0     0     (45)     (45)
Appropriation of reserves, Legal     0     0     3,340     0     (3,340)     0     0     0
Appropriation of reserves ,Fiscal and statutory     0     0     509     0     (509)     0     0     0
Appropriation of reserves , Occasional     0     0     7,666     0     (7,666)     0     0     0
(Loss) gain on hedging instruments:                                                
Cash flow hedge for future exports     0     0     0     3,075     0     3,075     (4)     3,071
Hedge of a net investment in a foreign operation     0     0     0     6,054     0     6,054     159     6,213
Cash flow hedge with derivative instruments     0     0     0     123     0     123     51     174
Financial instruments measured at fair value     0     0     0     (2)     0     (2)     0     (2)
Foreign currency translation     0     0     0     (13,762)     0     (13,762)     (4,416)     (18,178)
Actuarial gains     0     0     0     (2,611)     0     (2,611)     (123)     (2,734)
Closing balance at Dec. 31, 2023     25,040     6,608     17,923     8,674     17,462     75,707     24,546     100,253
Net profit     0     0     0     0     13,841     13,841     4,658     18,499
Release of reserves     0     0     (8,175)     0     8,175     0     0     0
Dividends declared     0     0     0     0     (12,829)     (12,829)     (2,764)     (15,593)
Equity restitution     0     0     0     0     0     0     (31)     (31)
Acquisition of subsidiaries     0     0     0     0     (103)     (103)     (56)     (159)
Appropriation of reserves, Legal     0     0     1,906     0     (1,906)     0     0     0
Appropriation of reserves ,Fiscal and statutory     0     0     509     0     (509)     0     0     0
Appropriation of reserves , Occasional     0     0     11,993     0     (11,993)     0     0     0
(Loss) gain on hedging instruments:                                                
Cash flow hedge for future exports     0     0     0     (2,179)     0     (2,179)     (2)     (2,181)
Hedge of a net investment in a foreign operation     0     0     0     (3,231)     0     (3,231)     (95)     (3,326)
Cash flow hedge with derivative instruments     0     0     0     (67)     0     (67)     (18)     (85)
Financial instruments measured at fair value     0     0     0     (143)     0     (143)     0     (143)
Foreign currency translation     0     0     0     7,607     0     7,607     (236)     7,371
Actuarial gains     0     0     0     1,251     0     1,251     57     1,308
Closing balance at Dec. 31, 2024     25,040     6,608     24,156     11,912     12,138     79,854     26,059     105,913
Net profit     0     0     0     0     10,488     10,488     3,956     14,444
Release of reserves     0     0     (12,502)     0     12,502     0     0     0
Dividends declared     0     0     0     0     (8,799)     (8,799)     (2,515)     (11,314)
Equity restitution to minority shareholders     0     0     0     0     0     0     (18)     (18)
Appropriation of reserves, Legal     0     0     1,494     0     (1,494)     0     0     0
Appropriation of reserves ,Fiscal and statutory     0     0     509     0     (509)     0     0     0
Appropriation of reserves, Other reserves     0     0     16,635     0     (16,635)     0     0     0
(Loss) gain on hedging instruments:                                                
Cash flow hedge for future exports     0     0     0     2,826     0     2,826     (12)     2,814
Hedge of a net investment in a foreign operation     0     0     0     3,644     0     3,644     105     3,749
Cash flow hedge with derivative instruments     0     0     0     95     0     95     9     104
Financial instruments measured at fair value     0     0     0     293     0     293     0     137
Foreign currency translation     0     0     0     (9,361)     0     (9,361)     (2,240)     (11,601)
Actuarial gains     0     0     0     2,343     0     2,343     12     2,355
Closing balance at Dec. 31, 2025     $ 25,040     $ 6,608     $ 30,292     $ 11,752     $ 7,691     $ 81,383     $ 25,356     $ 106,739