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v3.24.1.u1

Property, plant, and equipment (Details) - COP ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Property, plant, and equipment |  |
Beginning Balance | $ 100,997,498 | $ 90,076,526
Ending Balance | 95,171,302 | 100,997,498
Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 160,336,163 | 140,900,774
Additions/capitalizations | 9,349,885 | 8,767,716
Abandonment cost update | 270,104 | (621,177)
Capitalized financial interests | 297,630 | 185,968
Exchange differences capitalized | 1,585 | 1,085
Disposals | (1,020,288) | (1,250,962)
Decrease related to business combination |  | (153,557)
Effect of adopting new standards |  | 18,013
Foreign currency translation | (15,243,622) | 12,458,899
Reclassifications/transfers | (150,434) | 29,404
Ending Balance | 153,841,023 | 160,336,163
Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (59,338,665) | (50,824,248)
Depreciation expense | (6,016,115) | (5,709,956)
Recovery (loss) impairment | 205,780 | 399,218
Disposals | 920,150 | 1,168,300
Foreign currency translation | 5,622,078 | (4,410,636)
Reclassifications/transfers | (62,949) | 38,657
Ending Balance | (58,669,721) | (59,338,665)
Plant and equipment |  |
Property, plant, and equipment |  |
Beginning Balance | 35,293,773 | 32,754,006
Ending Balance | 29,916,027 | 35,293,773
Plant and equipment | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 62,807,662 | 57,452,843
Additions/capitalizations | 2,592,249 | 2,433,113
Abandonment cost update | 55,694 | (241,090)
Capitalized financial interests | 101,125 | 62,677
Exchange differences capitalized | 457 | 366
Disposals | (653,972) | (669,531)
Decrease related to business combination |  | 0
Effect of adopting new standards |  | 0
Foreign currency translation | (7,966,666) | 7,200,073
Reclassifications/transfers | (2,039,040) | (3,430,789)
Ending Balance | 54,897,509 | 62,807,662
Plant and equipment | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (27,513,889) | (24,698,837)
Depreciation expense | (2,916,507) | (2,807,716)
Recovery (loss) impairment | 765,513 | 504,960
Disposals | 625,848 | 637,049
Foreign currency translation | 3,039,353 | (2,737,467)
Reclassifications/transfers | 1,018,200 | 1,588,122
Ending Balance | (24,981,482) | (27,513,889)
Pipelines, networks and lines |  |
Property, plant, and equipment |  |
Beginning Balance | 37,417,260 | 35,737,581
Ending Balance | 35,096,170 | 37,417,260
Pipelines, networks and lines | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 60,287,768 | 55,402,633
Additions/capitalizations | 2,257,397 | 1,331,585
Abandonment cost update | 221,944 | (333,705)
Capitalized financial interests | 80,720 | 23,155
Exchange differences capitalized | 365 | 135
Disposals | (266,862) | (471,119)
Decrease related to business combination |  | (176,451)
Effect of adopting new standards |  | 0
Foreign currency translation | (4,448,755) | 3,665,015
Reclassifications/transfers | 452,276 | 846,520
Ending Balance | 58,584,853 | 60,287,768
Pipelines, networks and lines | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (22,870,508) | (19,665,052)
Depreciation expense | (2,319,289) | (2,319,775)
Recovery (loss) impairment | (212,245) | (70,439)
Disposals | 228,151 | 448,340
Foreign currency translation | 1,722,919 | (1,340,435)
Reclassifications/transfers | (37,711) | 76,853
Ending Balance | (23,488,683) | (22,870,508)
Work in progress |  |
Property, plant, and equipment |  |
Beginning Balance | 12,044,281 | 9,286,514
Ending Balance | 13,832,228 | 12,044,281
Work in progress | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 13,462,321 | 10,566,114
Additions/capitalizations | 3,510,753 | 4,496,490
Abandonment cost update | 0 | 0
Capitalized financial interests | 92,816 | 89,809
Exchange differences capitalized | 659 | 524
Disposals | (15,128) | (18,057)
Decrease related to business combination |  | 0
Effect of adopting new standards |  | 18,013
Foreign currency translation | (226,974) | 336,968
Reclassifications/transfers | (1,304,461) | (2,027,540)
Ending Balance | 15,519,986 | 13,462,321
Work in progress | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (1,418,040) | (1,279,600)
Depreciation expense | 0 | 0
Recovery (loss) impairment | (360,367) | (153,449)
Disposals | 0 | 755
Foreign currency translation | 5,207 | (2,307)
Reclassifications/transfers | 85,442 | 16,561
Ending Balance | (1,687,758) | (1,418,040)
Buildings |  |
Property, plant, and equipment |  |
Beginning Balance | 9,123,911 | 5,600,974
Ending Balance | 9,521,689 | 9,123,911
Buildings | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 15,354,065 | 9,660,227
Additions/capitalizations | 552,852 | 401,079
Abandonment cost update | (7,505) | (42,730)
Capitalized financial interests | 12,930 | 7,778
Exchange differences capitalized | 58 | 45
Disposals | (13,398) | (41,606)
Decrease related to business combination |  | 37,542
Effect of adopting new standards |  | 0
Foreign currency translation | (1,844,094) | 635,557
Reclassifications/transfers | 2,613,118 | 4,696,173
Ending Balance | 16,668,026 | 15,354,065
Buildings | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (6,230,154) | (4,059,253)
Depreciation expense | (626,962) | (423,067)
Recovery (loss) impairment | 136,123 | 84,478
Disposals | 12,898 | 37,953
Foreign currency translation | 678,512 | (195,728)
Reclassifications/transfers | (1,116,754) | (1,674,537)
Ending Balance | (7,146,337) | (6,230,154)
Lands |  |
Property, plant, and equipment |  |
Beginning Balance | 5,145,555 | 4,732,686
Ending Balance | 4,664,551 | 5,145,555
Lands | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 5,199,069 | 4,800,297
Additions/capitalizations | 15,489 | 15,956
Abandonment cost update | 0 | 0
Capitalized financial interests | 137 | 518
Exchange differences capitalized | 1 | 3
Disposals | (498) | (480)
Decrease related to business combination |  | (14,648)
Effect of adopting new standards |  | 0
Foreign currency translation | (479,724) | 393,059
Reclassifications/transfers | 98,176 | 4,364
Ending Balance | 4,832,650 | 5,199,069
Lands | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (53,514) | (67,611)
Depreciation expense | 0 | 0
Recovery (loss) impairment | (132,149) | 22,248
Disposals | 155 | 41
Foreign currency translation | 17,409 | (8,192)
Reclassifications/transfers | 0 | 0
Ending Balance | (168,099) | (53,514)
Other |  |
Property, plant, and equipment |  |
Beginning Balance | 1,972,718 | 1,964,765
Ending Balance | 2,140,637 | 1,972,718
Other | Cost |  |
Property, plant, and equipment |  |
Beginning Balance | 3,225,278 | 3,018,660
Additions/capitalizations | 421,145 | 89,493
Abandonment cost update | (29) | (3,652)
Capitalized financial interests | 9,902 | 2,031
Exchange differences capitalized | 45 | 12
Disposals | (70,430) | (50,169)
Decrease related to business combination |  | 0
Effect of adopting new standards |  | 0
Foreign currency translation | (277,409) | 228,227
Reclassifications/transfers | 29,497 | (59,324)
Ending Balance | 3,337,999 | 3,225,278
Other | Accumulated depreciation and impairment losses |  |
Property, plant, and equipment |  |
Beginning Balance | (1,252,560) | (1,053,895)
Depreciation expense | (153,357) | (159,398)
Recovery (loss) impairment | 8,905 | 11,420
Disposals | 53,098 | 44,162
Foreign currency translation | 158,678 | (126,507)
Reclassifications/transfers | (12,126) | 31,658
Ending Balance | $ (1,197,362) | $ (1,252,560)

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