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Consolidated statement of comprehensive income - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated statement of comprehensive income      
Net profit for the year $ 25,383,071 $ 35,199,480 $ 17,630,554
Unrealized gain (loss) on hedges:      
Cash flow hedge for future exports 3,071,546 (1,528,749) (808,777)
Hedge of a net investment in a foreign operation 6,213,387 (4,987,735) (2,871,410)
Cash flow hedge with derivative instruments 173,711 117,913 (135,666)
Financial instruments measured at fair value (2,393) 829 830
Foreign currency translation (18,177,596) 15,960,722 5,970,719
Sale of joint ventures 0 0 (361,728)
Other comprehensive income that may be reclassified to profit or loss in subsequent periods -net of taxes (8,721,345) 9,562,980 1,793,968
Other comprehensive income that will not to be reclassified to profit or loss in subsequent periods -net of taxes:      
Remeasurement (loss) gain on defined benefit plans (2,734,273) (668,254) 1,777,157
Other comprehensive income that will not to be reclassified to profit or loss in subsequent periods -net of taxes (2,734,273) (668,254) 1,777,157
Other comprehensive income for the year, net of tax (11,455,618) 8,894,726 3,571,125
Total comprehensive income for the year, net of tax 13,927,453 44,094,206 21,201,679
Comprehensive income attributable to:      
Owners of parent 13,938,727 36,043,606 19,059,975
Non-controlling interest (11,274) 8,050,600 2,141,704
Total comprehensive income for the year, net of tax $ 13,927,453 $ 44,094,206 $ 21,201,679