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Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity |
Schedule of composition of the ecopetrol business group's reserves | ​
​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Legal reserve |  | 9,747,885 | ​ | 6,407,256
Fiscal and statutory reserves |  | 509,082 | ​ | 509,082
Occasional reserves |  | 7,665,758 | ​ | 1,982,295
​ |  | 17,922,725 | ​ | 8,898,633
Schedule of balance of movement of the equity reserves | ​
​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Opening balance |  | 8,898,633 |  | 10,624,229
Release of reserves |  | (2,491,377) |  | (5,886,441)
Allocation to reserves |  | 11,515,469 |  | 11,068,450
Dividends declared | ​ | — | ​ | (6,907,605)
Closing balance |  | 17,922,725 |  | 8,898,633
Schedule of dividends paid | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Ecopetrol S.A. |  | 2,747,231 |  | 11,622,778 |  | 696,387
Interconexión Eléctrica S.A. ESP |  | 1,506,799 |  | 572,260 |  | 790,532
Oleoducto Central S.A. - Ocensa |  | 809,302 |  | 752,530 |  | 682,615
Invercolsa S.A. |  | 254,464 |  | 179,202 |  | 150,333
Oleoducto de los Llanos Orientales S.A. - ODL |  | 171,290 |  | 138,939 |  | 147,056
Oleoducto de Colombia S.A. - ODC |  | 81,790 |  | 91,238 |  | 86,594
Oleoducto Bicentenario de Colombia S.A.S. - OBC |  | — |  | — |  | 217,770
Total |  | 5,570,876 |  | 13,356,947 |  | 2,771,287
Schedule of composition of the other comprehensive results attributable to the shareholders | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Foreign currency translation |  | 15,055,305 | ​ | 28,816,983 | ​ | 17,244,255
Hedge of a net investment in a foreign operation |  | (3,165,320) | ​ | (9,219,271) | ​ | (4,364,466)
Actuarial gain on defined benefit plans |  | (3,942,417) | ​ | (1,331,361) | ​ | (517,278)
Cash flow hedges for future exports | ​ | 601,744 | ​ | (2,473,999) | ​ | (945,250)
Cash flow hedge with derivative instruments |  | 124,384 | ​ | 1,290 | ​ | (61,502)
Others |  | 952 | ​ | 3,077 | ​ | 2,135
​ |  | 8,674,648 | ​ | 15,796,719 | ​ | 11,357,894
Schedule of earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Profit attributable to Ecopetrol’s shareholders | ​ |  | 21,060,798 | ​ |  | 31,604,781 | ​ |  | 15,649,143
Weighted average number of outstanding shares | ​ |  | 41,116,694,690 | ​ |  | 41,116,694,690 | ​ |  | 41,116,694,690
Net basic earnings per share (Colombian pesos) | ​ | COP$ | 512.2 | ​ | COP$ | 768.7 | ​ | COP$ | 380.6
​

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