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v3.24.3

Investments in associates and joint ventures - Movement of investments in associates and joint ventures (Details) - COP ($) $ in Millions | 6 Months Ended
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Jun. 30, 2024 | Jun. 30, 2023
Investments in associates and joint ventures |  |
Opening balance | $ 8,418,632 |
Capital contributions | 11,601 |
Effects of equity method through: |  |
Profit or loss | 386,291 | $ 497,135
Equity | (37,769) |
Dividends declared | (195,704) |
Closing balance | 8,583,051 |
Joint ventures |  |
Investments in associates and joint ventures |  |
Opening balance | 5,875,015 |
Capital contributions | 11,601 |
Effects of equity method through: |  |
Profit or loss | 315,915 |
Equity | (86,471) |
Dividends declared | (95,585) |
Closing balance | 6,020,475 |
Associates |  |
Investments in associates and joint ventures |  |
Opening balance | 2,543,617 |
Capital contributions | 0 |
Effects of equity method through: |  |
Profit or loss | 70,376 |
Equity | 48,702 |
Dividends declared | (100,119) |
Closing balance | $ 2,562,576 |

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- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 28 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_28_e&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 23 -Subparagraph g -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_23_g&doctype=Standard -URIDate 2023-03-23 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 82 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_82_c&doctype=Standard -URIDate 2023-03-23 + Details
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