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v3.25.1

Consolidated statement of profit or loss - COP ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Consolidated statement of profit or loss |  |  |
Sales revenue | $ 133,330,428 | $ 143,189,602 | $ 159,611,078
Cost of sales | (86,481,154) | (88,178,198) | (89,458,148)
Gross profit | 46,849,274 | 55,011,404 | 70,152,930
Administrative expenses | (5,103,103) | (5,025,797) | (4,335,695)
Operations and project expenses | (5,647,651) | (5,702,162) | (4,743,628)
Impairment recovery (loss) of non-current assets | 867,428 | (2,098,333) | (287,999)
Other operating income (expense) | 1,497,049 | (426,131) | (555,855)
Operating income | 38,462,997 | 41,758,981 | 60,229,753
Financial result |  |  |
Finance income | 1,747,801 | 2,320,969 | 1,317,145
Finance expenses | (10,319,316) | (10,384,065) | (8,027,252)
Foreign exchange gain (loss) | 51,567 | 2,397,712 | (124,650)
Financial results | (8,519,948) | (5,665,384) | (6,834,757)
Share of profits of associates and joint ventures | 764,366 | 805,349 | 768,422
Profit before income tax expense | 30,707,415 | 36,898,946 | 54,163,418
Income tax expense | (12,208,540) | (11,515,875) | (18,963,938)
Net profit for the year | 18,498,875 | 25,383,071 | 35,199,480
Net profit attributable to: |  |  |
Owners of parent | 13,841,153 | 21,060,798 | 31,604,781
Non-controlling interest | 4,657,722 | 4,322,273 | 3,594,699
Net profit for the year | $ 18,498,875 | $ 25,383,071 | $ 35,199,480
Basic earnings per share (Colombian pesos per share) | $ 336.6 | $ 512.2 | $ 768.7
Diluted earnings per share (Colombian pesos per share) | $ 336.6 | $ 512.2 | $ 768.7

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