XML 367 R14.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

TRADING ASSETS AND LIABILITIES | 12 Months Ended
--- | ---
Dec. 31, 2023
Trading assets and liabilities [abstract] |
TRADING ASSETS AND LIABILITIES | NOTE 8 – TRADING ASSETS AND LIABILITIES Balances of trading asset and liabilities comprise the following as of December 31, 2023 and 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | December 31, |  | December 31,
​ |  | Note |  | 2023 | ​ | 2022
Trading assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
Debt securities | ​ | 8.1 |  | Ps. | 7,113,380 |  | Ps. | 3,760,887
Equity securities | ​ | 8.2 | ​ | ​ | 6,260,174 | ​ | ​ | 6,039,115
Derivative assets | ​ | 8.3 | ​ | ​ | 2,077,567 | ​ | ​ | 2,041,405
​ | ​ | ​ |  | Ps. | 15,451,121 |  | Ps. | 11,841,407
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trading liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivative liabilities | ​ | 8.3 | ​ | ​ | 2,154,361 | ​ | ​ | 1,757,606
​ | ​ | ​ |  | Ps. | 2,154,361 |  | Ps. | 1,757,606
Total trading assets and liabilities net | ​ | ​ |  | Ps. | 13,296,760 |  | Ps. | 10,083,801
​ 8.1 Trading investments in debt securities ​ The following is the balance at December 31, 2023 and 2022. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31,
​ | ​ | 2023 | ​ | 2022
Securities issued or secured by the Colombian Government |  | Ps. | 5,794,832 |  | Ps. | 2,821,401
Securities issued or secured by other Colombian Government entities |  |  | 155,737 |  |  | 194,150
Securities issued or secured by foreign Governments |  |  | 32,079 |  |  | 57,600
Securities issued or secured by other financial entities |  |  | 1,084,461 |  |  | 651,807
Securities issued or secured by non-financial sector entities |  |  | 6,406 |  |  | 11,349
Others |  |  | 39,865 |  |  | 24,580
Total trading debt securities |  | Ps. | 7,113,380 |  | Ps. | 3,760,887
​ ​ 8.2 Trading investments in equity securities ​
​ | ​ | ​ | ​ | ​ | ​ | ​
--- | --- | --- | --- | --- | --- | ---
The following is the balance at December 31, 2023 and 2022. ​ |  | December 31, |  | December 31,
​ | ​ | 2023 | ​ | 2022
In Colombian Pesos |  |  |  |  |  |
Corporate stock |  | Ps. | 8,949 |  | Ps. | 4,040
Investment funds (1) |  |  | 4,079,070 |  |  | 3,855,604
Pension and severance funds (2) |  |  | 2,084,955 |  |  | 2,072,765
​ |  | Ps. | 6,172,974 |  | Ps. | 5,932,409
​ | ​ | ​ | ​ | ​ | ​ | ​
In foreign currency |  |  |  |  |  |
Corporate stock |  | Ps. | 4,100 |  | Ps. | 5,490
Investment funds |  |  | 83,100 |  |  | 101,216
​ |  | Ps. | 87,200 |  | Ps. | 106,706
Total equity securities |  | Ps. | 6,260,174 |  | Ps. | 6,039,115
(1) Includes investments in the private real estate fund Nexus as of December 31, 2023 of Ps. 2,567,099 and as of December 31, 2022 of Ps. 1,602,297. (2) Pursuant to Colombian rules, Porvenir S. A. is required to directly invest 1% of the total assets of these funds in mandatory severance and pension funds managed by Porvenir. ​ 8.3 Trading derivatives assets and liabilities ​ Trading derivative assets and liabilities comprise the following as of December 31, 2023 and 2022. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023 | ​ | December 31, 2022
​ |  | Assets |  | Liabilities |  | Assets |  | Liabilities
Forward contracts | ​ | ​ |  |  |  | ​ | ​ | ​ |  |  |  | ​
Foreign currency to buy |  | Ps. | 2,805 |  | Ps. | 1,543,886 |  | Ps. | 928,797 |  | Ps. | 261,614
Foreign currency to sell |  |  | 1,664,047 |  |  | 2,691 |  |  | 298,863 |  |  | 624,319
Debt securities to buy |  |  | 18,895 |  |  | 589 |  |  | 104 |  |  | 996
Debt securities to sell |  |  | 363 |  |  | 128,757 |  |  | 4,314 |  |  | 4,252
Subtotal |  | Ps. | 1,686,110 |  | Ps. | 1,675,923 |  | Ps. | 1,232,078 |  | Ps. | 891,181
Swap |  |  |  |  |  |  |  |  |  |  |  |
Cross currency |  |  | 20,195 | ​ | ​ | 60,845 |  |  | 157,747 | ​ | ​ | 112,600
Interest rate |  |  | 308,368 | ​ | ​ | 329,754 |  |  | 524,528 | ​ | ​ | 608,288
Subtotal |  | Ps. | 328,563 |  | Ps. | 390,599 |  | Ps. | 682,275 |  | Ps. | 720,888
Futures contracts |  |  |  |  |  |  |  |  |  |  |  |
Interest rate to sell |  |  | — | ​ | ​ | 3,752 |  |  | — | ​ | ​ | 2,107
Subtotal |  | Ps. | — |  | Ps. | 3,752 |  | Ps. | — |  | Ps. | 2,107
Options contracts |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency to buy |  |  | 62,894 | ​ | ​ | — |  |  | 108,334 | ​ | ​ | 127,692
Foreign currency to sell |  |  | — | ​ | ​ | 84,087 |  |  | 18,718 | ​ | ​ | 15,738
Subtotal |  |  | 62,894 |  |  | 84,087 |  |  | 127,052 |  |  | 143,430
Total derivative assets and liabilities trading |  | Ps. | 2,077,567 |  | Ps. | 2,154,361 |  | Ps. | 2,041,405 |  | Ps. | 1,757,606
​ Derivative instruments contracted by Grupo Aval or its subsidiaries are generally traded in either domestic financial markets or in over-the-counter international markets. Derivative instruments have a net favorable position (asset) or a net unfavorable position (liability) as a result of fluctuations in exchange rates, in interest rates or other variables relating to market conditions. As a result, the aggregate amount of fair values of the assets and liabilities in derivative instruments may vary significantly from time to time. ​ ​

X
- Definition Trading assets and liabilities [abstract] + References No definition available. + Details
Name: | aval_TradingAssetsAndLiabilitiesAbstract
Namespace Prefix: | aval_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial instruments classified as held for trading. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsHeldForTradingExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration