XML 229 R121.htm IDEA: XBRL DOCUMENT v3.25.1
Property, plant, and equipment (Details) - COP ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Property, plant, and equipment    
Beginning Balance $ 95,171,302 $ 100,997,498
Ending Balance 107,454,558 95,171,302
Cost    
Property, plant, and equipment    
Beginning Balance 153,841,023 160,336,163
Additions/capitalizations 9,521,041 9,349,885
CPO-09 asset acquisition 1,239,472  
Abandonment cost update (8,707) 270,104
Capitalized financial interests 428,449 297,630
Exchange differences capitalized 2,227 1,585
Disposals (1,384,312) (1,020,288)
Fair value adjustment in business combination 1,435,537  
Field reversal 15,058  
Foreign currency translation 8,866,586 (15,243,622)
Reclassifications/transfers (1,012,227) (150,434)
Ending Balance 172,944,147 153,841,023
Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (58,669,721) (59,338,665)
Depreciation expense (6,067,546) (6,016,115)
Recovery (loss) impairment 1,261,659 205,780
Disposals 1,196,766 920,150
Foreign currency translation (3,276,843) 5,622,078
Reclassifications/transfers 66,096 (62,949)
Ending Balance (65,489,589) (58,669,721)
Plant and equipment    
Property, plant, and equipment    
Beginning Balance 29,916,027 35,293,773
Ending Balance 35,009,601 29,916,027
Plant and equipment | Cost    
Property, plant, and equipment    
Beginning Balance 54,897,509 62,807,662
Additions/capitalizations 2,998,597 2,592,249
CPO-09 asset acquisition 715,573  
Abandonment cost update (10,565) 55,694
Capitalized financial interests 253,457 101,125
Exchange differences capitalized 1,215 457
Disposals (917,845) (653,972)
Fair value adjustment in business combination 1,011,253  
Field reversal 4,726  
Foreign currency translation 4,509,197 (7,966,666)
Reclassifications/transfers (279,096) (2,039,040)
Ending Balance 63,184,021 54,897,509
Plant and equipment | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (24,981,482) (27,513,889)
Depreciation expense (2,820,925) (2,916,507)
Recovery (loss) impairment 807,549 765,513
Disposals 833,625 625,848
Foreign currency translation (1,722,232) 3,039,353
Reclassifications/transfers (290,955) 1,018,200
Ending Balance (28,174,420) (24,981,482)
Pipelines, networks and lines    
Property, plant, and equipment    
Beginning Balance 35,096,170 37,417,260
Ending Balance 37,451,908 35,096,170
Pipelines, networks and lines | Cost    
Property, plant, and equipment    
Beginning Balance 58,584,853 60,287,768
Additions/capitalizations 2,427,231 2,257,397
CPO-09 asset acquisition 0  
Abandonment cost update 1,858 221,944
Capitalized financial interests 96,580 80,720
Exchange differences capitalized 463 365
Disposals (276,179) (266,862)
Fair value adjustment in business combination 0  
Field reversal 5,617  
Foreign currency translation 2,639,095 (4,448,755)
Reclassifications/transfers 21,569 452,276
Ending Balance 63,501,087 58,584,853
Pipelines, networks and lines | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (23,488,683) (22,870,508)
Depreciation expense (2,353,808) (2,319,289)
Recovery (loss) impairment 299,451 (212,245)
Disposals 224,039 228,151
Foreign currency translation (1,045,849) 1,722,919
Reclassifications/transfers 315,671 (37,711)
Ending Balance (26,049,179) (23,488,683)
Work in progress    
Property, plant, and equipment    
Beginning Balance 13,832,228 12,044,281
Ending Balance 16,644,219 13,832,228
Work in progress | Cost    
Property, plant, and equipment    
Beginning Balance 15,519,986 13,462,321
Additions/capitalizations 3,120,613 3,510,753
CPO-09 asset acquisition 275,432  
Abandonment cost update 0 0
Capitalized financial interests 36,695 92,816
Exchange differences capitalized 348 659
Disposals (12,522) (15,128)
Fair value adjustment in business combination 74,575  
Field reversal 0  
Foreign currency translation 184,020 (226,974)
Reclassifications/transfers (895,632) (1,304,461)
Ending Balance 18,303,515 15,519,986
Work in progress | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (1,687,758) (1,418,040)
Depreciation expense 0 0
Recovery (loss) impairment (138,139) (360,367)
Disposals 0 0
Foreign currency translation (65) 5,207
Reclassifications/transfers 166,666 85,442
Ending Balance (1,659,296) (1,687,758)
Buildings    
Property, plant, and equipment    
Beginning Balance 9,521,689 9,123,911
Ending Balance 11,390,939 9,521,689
Buildings | Cost    
Property, plant, and equipment    
Beginning Balance 16,668,026 15,354,065
Additions/capitalizations 892,401 552,852
CPO-09 asset acquisition 248,467  
Abandonment cost update 0 (7,505)
Capitalized financial interests 41,015 12,930
Exchange differences capitalized 197 58
Disposals (70,846) (13,398)
Fair value adjustment in business combination 349,709  
Field reversal 4,668  
Foreign currency translation 1,099,990 (1,844,094)
Reclassifications/transfers 296,130 2,613,118
Ending Balance 19,529,757 16,668,026
Buildings | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (7,146,337) (6,230,154)
Depreciation expense (734,220) (626,962)
Recovery (loss) impairment 275,235 136,123
Disposals 51,365 12,898
Foreign currency translation (411,176) 678,512
Reclassifications/transfers (173,685) (1,116,754)
Ending Balance (8,138,818) (7,146,337)
Lands    
Property, plant, and equipment    
Beginning Balance 4,664,551 5,145,555
Ending Balance 4,968,790 4,664,551
Lands | Cost    
Property, plant, and equipment    
Beginning Balance 4,832,650 5,199,069
Additions/capitalizations 12,043 15,489
CPO-09 asset acquisition 0  
Abandonment cost update 0 0
Capitalized financial interests 596 137
Exchange differences capitalized 3 1
Disposals (2,043) (498)
Fair value adjustment in business combination 0  
Field reversal 0  
Foreign currency translation 291,441 (479,724)
Reclassifications/transfers 1,387 98,176
Ending Balance 5,136,077 4,832,650
Lands | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (168,099) (53,514)
Depreciation expense 0 0
Recovery (loss) impairment 14,547 (132,149)
Disposals 3,305 155
Foreign currency translation (14,821) 17,409
Reclassifications/transfers (2,219) 0
Ending Balance (167,287) (168,099)
Other    
Property, plant, and equipment    
Beginning Balance 2,140,637 1,972,718
Ending Balance 1,989,101 2,140,637
Other | Cost    
Property, plant, and equipment    
Beginning Balance 3,337,999 3,225,278
Additions/capitalizations 70,156 421,145
CPO-09 asset acquisition 0  
Abandonment cost update 0 (29)
Capitalized financial interests 106 9,902
Exchange differences capitalized 1 45
Disposals (104,877) (70,430)
Fair value adjustment in business combination 0  
Field reversal 47  
Foreign currency translation 142,843 (277,409)
Reclassifications/transfers (156,585) 29,497
Ending Balance 3,289,690 3,337,999
Other | Accumulated depreciation and impairment losses    
Property, plant, and equipment    
Beginning Balance (1,197,362) (1,252,560)
Depreciation expense (158,593) (153,357)
Recovery (loss) impairment 3,016 8,905
Disposals 84,432 53,098
Foreign currency translation (82,700) 158,678
Reclassifications/transfers 50,618 (12,126)
Ending Balance $ (1,300,589) $ (1,197,362)