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Risk management - Leverage ratio (Details) - COP ($) $ in Millions | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Risk management |  |  |  |
Loans and borrowings (Note 19) | $ 105,815,527 | $ 115,134,839 |  |
Cash and cash equivalents (Note 6) | (12,336,115) | (15,401,058) | $ (14,549,906) | $ (5,082,308)
Other financial assets (Note 9) | (2,232,775) | (2,725,871) |  |
Net financial debt | 91,246,637 | 97,007,910 |  |
Equity (Note 23) | $ 100,252,480 | $ 113,903,089 | $ 90,583,772 | $ 53,499,363
Leverage (1) | 47.65% | 45.99% |  |

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