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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