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Trade and other receivables (Tables)

12 Months Ended

Dec. 31, 2024

Trade and other receivables

Schedule of trade and other receivables, net

​

​	​	​	​	​
​		2024		2023
Current
Fuel Price stabilization fund (1)	​	7,622,673	​	20,505,603
Concessions (2)		4,391,617		4,054,429
Customers		​		​
Foreign	​	4,737,451	​	4,220,537
Domestic		2,606,216		3,087,463
Related parties (Note 31)	​	166,631	​	123,058
Accounts receivable from employees		125,946		106,022
Industrial services	​	81,000	​	40,729
Other		1,037,703		1,329,565
​	​	20,769,237	​	33,467,406
Allowance for doubtful accounts (3)	​	(343,597)	​	(156,764)
​		20,425,640		33,310,642
​	​	​	​	​
Non–current
Concessions (2)	​	28,269,820	​	26,323,424
Accounts receivable from employees	​	709,836	​	565,914
Related parties (Note 31)	​	347,326	​	143,238
Customers	​	​	​	​
Foreign	​	86,073	​	150,033
Domestic	​	137,764	​	75,419
Other (4)		3,190,044		3,180,581
​	​	32,740,863	​	30,438,609
Allowance for doubtful accounts (3) (4)	​	(604,502)	​	(657,521)
​		32,136,361		29,781,088

(1) Corresponds to the application of Resolution 180522 of March 29, 2010, and other regulations that modify and add it (Decree 1880 of 2014 and Decree 1068 of 2015), which establishes the procedure to recognize the subsidy for refiners and importers of motor gasoline current and ACPM, and the methodology for calculating the net position (value generated between the parity price and the regulated price, which can be positive or negative).

Schedule of account receivable from the fuel price stabilization fund

​

​	​	​	​	​
​		2024		2023
Opening balance		20,505,603		26,296,870
Settlements for the period (Note 25)		7,525,429		20,531,095
Mobilizations and others		105,678		24,168
Collections (1.1)		(20,514,037)		(4,770,351)
Offsetting (1.2)		—		(21,576,179)
Closing balance		7,622,673		20,505,603

Schedule of changes in the allowance for doubtful accounts

​

​	​	​	​	​	​	​
​		2024		2023		2022
Opening balance		(814,285)		(906,118)		(750,191)
Additions		(131,731)		(57,895)		(46,690)
Currency translation	​	(10,421)	​	111,013	​	(131,270)
Accounts receivable write–off and uses		8,338		38,715		22,033
Closing balance		(948,099)		(814,285)		(906,118)

​

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The disclosure of detailed information about trade and other receivables.

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- Definition

The disclosure of the allowance relating to impairments of financial assets due to credit losses. [Refer: Financial assets]

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