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Investments in associates and joint ventures | 6 Months Ended
--- | ---
Jun. 30, 2024
Investments in associates and joint ventures |
Investments in associates and joint ventures |
| 12. | Investments in associates and joint ventures
12.1.Composition and movements ​
​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2024 |  | 2023
​ |  | (Unaudited) |  |
Joint ventures | ​ | ​ | ​ | ​
Interligação Elétrica do Madeira S.A. | ​ | 1,721,591 | ​ | 1,705,188
Transmissora Aliança de Energia Elétrica S.A. | ​ | 1,524,354 | ​ | 1,513,497
Equion Energía Limited | ​ | 1,104,443 | ​ | 1,037,418
Interligação Elétrica Paraguaçu S.A. | ​ | 536,726 | ​ | 526,294
Interligação Elétrica Garanhuns S.A. | ​ | 495,359 | ​ | 500,889
Interligação Elétrica Ivaí S.A. | ​ | 477,789 | ​ | 456,076
Interligação Elétrica Aimorés S.A. | ​ | 339,763 | ​ | 335,995
Conexión Kimal Lo Aguirre S.A. | ​ | 140,755 | ​ | 119,069
Ecodiesel Colombia S.A. | ​ | 77,978 | ​ | 85,030
Interconexión Eléctrica Colombia Panamá S.A. | ​ | 10,529 | ​ | 2,544
Transnexa S.A. E.M.A. | ​ | 8,545 | ​ | 8,545
Derivex S.A. | ​ | 1,305 | ​ | 1,123
Parques de Río | ​ | 65 | ​ | 71
Interconexión Eléctrica Colombia Panamá S.A.S E.S.P. | ​ | 4 | ​ | 4
Consorcio Eléctrico Yapay S.A. | ​ | (2,003) | ​ | —
​ |  | 6,437,203 | ​ | 6,291,743
Less impairment: |  | ​ | ​ | ​
Equion Energía Limited |  | (408,183) | ​ | (408,183)
Transnexa S.A. E.M.A. |  | (8,545) | ​ | (8,545)
​ |  | 6,020,475 | ​ | 5,875,015
Associates |  | ​ | ​ | ​
Gases del Caribe S.A. E.S.P. |  | 1,528,086 | ​ | 1,527,699
ATP Tower Holdings |  | 752,334 | ​ | 720,332
Gas Natural del Oriente S.A. E.S.P. |  | 145,960 | ​ | 156,353
Gases de la Guajira S.A. E.S.P. | ​ | 70,237 | ​ | 69,996
E2 Energía Eficiente S.A. E.S.P. | ​ | 31,500 | ​ | 34,432
Extrucol S.A. | ​ | 30,154 | ​ | 30,147
Serviport S.A. | ​ | 9,399 | ​ | 9,399
Sociedad Portuaria Olefinas | ​ | 4,305 | ​ | 4,658
​ |  | 2,571,975 | ​ | 2,553,016
Less impairment: Serviport S.A. |  | (9,399) | ​ | (9,399)
​ |  | 2,562,576 | ​ | 2,543,617
​ |  | 8,583,051 | ​ | 8,418,632
​ The movement of investments in associates and joint ventures for the period ended June 30, 2024, is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Associates |  | Join ventures |  | Total
Balance as of December 31, 2023 |  | 2,543,617 | ​ | 5,875,015 | ​ | 8,418,632
Capitalizations | ​ | — | ​ | 11,601 | ​ | 11,601
Equity method recognized in: | ​ | ​ | ​ | ​ | ​ | ​
Profit or loss |  | 70,376 | ​ | 315,915 | ​ | 386,291
Equity | ​ | 48,702 | ​ | (86,471) | ​ | (37,769)
Dividends declared |  | (100,119) | ​ | (95,585) | ​ | (195,704)
Balance as of June 30, 2024 (Unaudited) |  | 2,562,576 | ​ | 6,020,475 | ​ | 8,583,051
​

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