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v3.25.1

Revenue from contracts with customers (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from contracts with customers |
Schedule of detailed information of revenue from contracts with customers | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023 |  | 2022
National sales |  |  |  |  |  |
Mid–distillates (1) |  | 28,672,298 | ​ | 32,605,842 | ​ | 39,182,510
Gasoline and turbo fuels (1) |  | 17,804,372 | ​ | 23,129,025 | ​ | 27,620,199
Natural gas |  | 4,096,126 | ​ | 4,358,266 | ​ | 4,162,876
Services |  | 3,877,130 | ​ | 3,232,784 | ​ | 3,601,681
Electric power transmission services (2) |  | 3,226,557 | ​ | 2,769,897 | ​ | 2,595,505
Plastic and rubber |  | 919,788 | ​ | 1,225,223 | ​ | 1,568,816
LPG and propane |  | 630,570 | ​ | 762,349 | ​ | 1,094,332
Asphalts |  | 794,111 | ​ | 938,185 | ​ | 897,200
Fuel gas service |  | 1,082,710 | ​ | 989,084 | ​ | 860,102
Crude oil | ​ | 302 | ​ | 128,416 | ​ | 375,790
Roads and Construction Services (2) |  | 330,053 | ​ | 349,834 | ​ | 355,737
Aromatics | ​ | 246,612 | ​ | 297,957 | ​ | 343,792
Polyethylene |  | 328,649 | ​ | 314,184 | ​ | 302,630
Fuel oil |  | 20,527 | ​ | 36,298 | ​ | 9,213
Other income gas contracts | ​ | — | ​ | 30 | ​ | 1,940
Other products |  | 626,068 | ​ | 607,708 | ​ | 679,183
​ |  | 62,655,873 |  | 71,745,082 |  | 83,651,506
Foreign sales |  | ​ |  | ​ |  |
Crude oil | ​ | 48,805,672 | ​ | 49,559,864 | ​ | 56,651,753
Electric power transmission services (2) | ​ | 6,134,698 | ​ | 5,666,389 | ​ | 5,114,783
Roads and Construction Services (2) | ​ | 5,465,389 | ​ | 4,761,317 | ​ | 4,676,822
Fuel oil | ​ | 3,920,500 | ​ | 4,028,908 | ​ | 4,348,312
Diesel | ​ | 1,203,562 | ​ | 4,097,117 | ​ | 2,324,861
Plastic and rubber | ​ | 1,230,748 | ​ | 1,393,669 | ​ | 2,036,201
LPG and propane | ​ | 346,908 | ​ | 302,159 | ​ | 339,837
Natural gas | ​ | 43,539 | ​ | 105,413 | ​ | 254,054
Gasoline and turbo fuels | ​ | 360,438 | ​ | 193,394 | ​ | 157,685
Cash flow hedges (3) | ​ | (345,499) | ​ | (468,407) | ​ | (1,578,246)
Other products | ​ | 3,508,600 | ​ | 1,804,697 | ​ | 1,633,510
​ |  | 70,674,555 | ​ | 71,444,520 | ​ | 75,959,572
​ |  | 133,330,428 | ​ | 143,189,602 | ​ | 159,611,078
(1) | Includes the corresponding value to the application of Decree 180522 of March 29, 2010, and other standards that modify and add (Decree 1880 of 2014 and Decree 1068 of 2015), which establishes the procedure to recognize the subsidy for refiners and importers of ordinary motor gasoline and ACPM, and the methodology for calculating the net position, which can be positive or negative. As of December 31, 2024, the value recognized by price differential corresponds to $7,525,429 (2023: $20,531,095; 2022: $36,532,743). The balance receivable for this concept is detailed in Note 7.
(2) | Corresponds to the revenue related to the electric power transmission contracts and toll roads concessions of Interconexión Eléctrica S.A. E.S.P.
(3) | Includes the result of hedging for future exports (Note 30.3) for $(238,943) (2023: ($479,779)); (2022: ($1,143,287)) and operations with derivative financial instruments for $(106,556) (2023: $11,372); (2022: ($434,959)).
Schedule of sales by geographic areas | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | % |  | 2023 |  | % | ​ | 2022 |  | % | ​
Colombia |  | 62,655,873 |  | 47.0 | % | 71,745,082 |  | 50.1 | % | 83,651,506 |  | 52.4 | %
Asia |  | 24,295,815 |  | 18.2 | % | 28,841,440 |  | 20.1 | % | 22,547,997 |  | 14.1 | %
United States |  | 27,094,454 |  | 20.3 | % | 24,991,770 |  | 17.5 | % | 27,120,783 |  | 17.0 | %
South America and others |  | 16,209,032 |  | 12.2 | % | 12,223,922 |  | 8.5 | % | 13,609,587 |  | 8.5 | %
Central America and the Caribbean |  | 412,408 |  | 0.3 | % | 2,637,460 |  | 1.9 | % | 9,841,202 |  | 6.2 | %
Europe |  | 2,662,846 |  | 2.0 | % | 2,749,928 |  | 1.9 | % | 2,840,003 |  | 1.8 | %
​ |  | 133,330,428 |  | 100.0 | % | 143,189,602 |  | 100.0 | % | 159,611,078 |  | 100 | %

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