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Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Equity |
Schedule of composition of the ecopetrol business group's reserves | ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2024 | ​ | 2023
​ | ​ | (Unaudited) | ​ | ​
Legal reserve |  | 11,654,095 | ​ | 9,747,885
Fiscal and statutory reserves |  | 509,082 | ​ | 509,082
Occasional reserves |  | 11,993,230 | ​ | 7,665,758
Total |  | 24,156,407 | ​ | 17,922,725
Schedule of balance of movement of the equity reserves | ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2024 | ​ | 2023
​ | ​ | (Unaudited) | ​ | ​
Opening balance |  | 17,922,725 | ​ | 8,898,633
Release of reserves |  | (8,174,839) | ​ | (2,491,377)
Appropriation of reserves |  | 14,408,521 | ​ | 11,515,469
Closing balance |  | 24,156,407 | ​ | 17,922,725
Schedule of dividends paid | ​
​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | June 30,
​ |  | 2024 | ​ | 2023
​ | ​ | (Unaudited)
Ecopetrol S.A. |  | 10,569,682 | ​ | 930,772
Interconexión Eléctrica SA ESP |  | 1,012,895 | ​ | 992,102
Oleoducto Central S.A. - Ocensa |  | 375,949 | ​ | 406,647
Oleoducto de los Llanos Orientales S.A. |  | 106,729 | ​ | 102,774
Invercolsa S.A. |  | 100,429 | ​ | 100,682
Oleoducto de Colombia S.A. - ODC |  | 26,608 | ​ | 27,591
Total |  | 12,192,292 | ​ | 2,560,568
Schedule of composition of the other comprehensive results attributable to the shareholders | ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2024 | ​ | 2023
​ | ​ | (Unaudited) | ​ | ​
Foreign currency translation |  | 19,275,938 | ​ | 15,055,305
Hedges of a net investment in a foreign operation |  | (5,301,144) | ​ | (3,165,320)
Gains and loss on defined benefit obligation |  | (4,084,451) | ​ | (3,942,417)
Cash flow hedging - Future crude oil exports | ​ | (549,508) | ​ | 601,744
Cash flow hedging - Derivative financial instruments |  | 81,358 | ​ | 124,384
Financial instruments measured at fair value | ​ | 717 | ​ | 952
​ |  | 9,422,910 | ​ | 8,674,648
​
Schedule of earnings per share | ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, | ​ | June 30,
​ |  | 2024 |  | 2023
​ | ​ | (Unaudited)
Profit attributable to Ecopetrol’s shareholders | ​ | 6,642,349 | ​ | 11,931,149
Weighted average number of outstanding shares | ​ | 41,116,694,690 | ​ | 41,116,694,690
Net basic earnings per share (Colombian pesos) | ​ | 161.5 | ​ | 290.2
​

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