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Provisions for employees' benefits - Sensitivity analysis (Details) $ in Millions | Dec. 31, 2023 COP ($)
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Discount rate | Pension |
Disclosure of defined benefit plans |
-50 basis points | $ 15,428,231
+50 basis points | 14,034,889
Discount rate | Bonds |
Disclosure of defined benefit plans |
-50 basis points | 1,247,485
+50 basis points | 1,188,056
Discount rate | Education |
Disclosure of defined benefit plans |
-50 basis points | 469,157
+50 basis points | 433,565
Discount rate | Other benefits |
Disclosure of defined benefit plans |
-50 basis points | 987,882
+50 basis points | 955,544
Discount rate | Health |
Disclosure of defined benefit plans |
-50 basis points | 11,819,342
+50 basis points | 10,302,032
Inflation rate | Pension |
Disclosure of defined benefit plans |
-50 basis points | 13,972,915
+50 basis points | 15,491,342
Inflation rate | Bonds |
Disclosure of defined benefit plans |
-50 basis points | 1,190,418
+50 basis points | 1,244,748
Inflation rate | Other benefits |
Disclosure of defined benefit plans |
-50 basis points | 847,577
+50 basis points | 868,927
Salary growth rate | Other benefits |
Disclosure of defined benefit plans |
-50 basis points | 109,492
+50 basis points | 117,265
Cost trend | Education |
Disclosure of defined benefit plans |
-50 basis points | 433,225
+50 basis points | 469,388
Cost trend | Health |
Disclosure of defined benefit plans |
-50 basis points | 10,315,944
+50 basis points | $ 11,797,481

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- Definition The increase (decrease) in a defined benefit obligation that would have been caused by a decrease in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 145 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_145_a&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The increase (decrease) in a defined benefit obligation that would have been caused by an increase in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 145 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_145_a&doctype=Standard -URIDate 2023-03-23 + Details
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