XML 523 R170.htm IDEA: XBRL DOCUMENT v3.24.1.u1
ESTIMATION OF FAIR VALUE - Valuation of equity instruments level 3 (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2023
COP ($)
item
Dec. 31, 2022
COP ($)
Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 81,925 $ 55,027
Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 2,567,099 $ 1,602,297
Comparable multiples / Recent transaction price - EBITDA Number of times | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Decrease in variation by number of times | item 1  
Level 3 of fair value hierarchy [member] | Adjusted discounted cash flow - Growth in residual values | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Decrease in variation (as a percent)   0.50%
Equity investments | Level 3 of fair value hierarchy [member] | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 3,196 $ 8,462
Equity investments | Level 3 of fair value hierarchy [member] | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments (3,093) (8,183)
Equity investments | Level 3 of fair value hierarchy [member] | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments 38,209 17,951
Equity investments | Level 3 of fair value hierarchy [member] | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (75,156) (29,162)
Equity investments | Level 3 of fair value hierarchy [member] | Comparable multiples / Recent transaction price - EBITDA Number of times | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation by number of times | item 1  
Decrease in variation by number of times | item 1  
Equity investments | Level 3 of fair value hierarchy [member] | Comparable multiples / Recent transaction price - EBITDA Number of times | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 557 5,039
Equity investments | Level 3 of fair value hierarchy [member] | Comparable multiples / Recent transaction price - EBITDA Number of times | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (556) $ (5,043)
Equity investments | Level 3 of fair value hierarchy [member] | Option one, income | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent) 1.00% 1.00%
Decrease in variation (as a percent) 1.00% 1.00%
Equity investments | Level 3 of fair value hierarchy [member] | Option one, income | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 1,035 $ 1,790
Equity investments | Level 3 of fair value hierarchy [member] | Option one, income | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (1,046) $ (1,680)
Equity investments | Level 3 of fair value hierarchy [member] | Adjusted discounted cash flow - Discount interest rates | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent) 0.50% 0.50%
Decrease in variation (as a percent) 0.50% 0.50%
Equity investments | Level 3 of fair value hierarchy [member] | Adjusted discounted cash flow - Discount interest rates | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 1,066 $ 1,078
Equity investments | Level 3 of fair value hierarchy [member] | Adjusted discounted cash flow - Discount interest rates | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (988) $ (976)
Equity investments | Level 3 of fair value hierarchy [member] | Market value (square meter) | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent)   10.00%
Equity investments | Level 3 of fair value hierarchy [member] | Market value (square meter) | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Decrease in variation (as a percent)   10.00%
Equity investments | Level 3 of fair value hierarchy [member] | Market income | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent)   10.00%
Equity investments | Level 3 of fair value hierarchy [member] | Market income | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Decrease in variation (as a percent)   10.00%
Equity investments | Level 3 of fair value hierarchy [member] | Initial capitalization rate | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent)   0.50%
Equity investments | Level 3 of fair value hierarchy [member] | Initial capitalization rate | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Decrease in variation (as a percent)   0.50%
Equity investments | Level 3 of fair value hierarchy [member] | Adjusted discounted cash flow - Growth in residual values | Financial assets at fair value through profit or loss, mandatorily measured at fair value, category [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent)   0.50%
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent)   0.30%
Decrease in variation (as a percent)   0.30%
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments   $ 305
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments   $ (267)
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member] | More than 5 years [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent) 1.00% 1.00%
Decrease in variation (as a percent) 1.00% 1.00%
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member] | More than 5 years [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 281 $ 250
Equity investments | Level 3 of fair value hierarchy [member] | Option one | Investments in equity instruments designated at fair value through other comprehensive income [member] | More than 5 years [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (240) $ (217)
Equity investments | Level 3 of fair value hierarchy [member] | Gradient | Investments in equity instruments designated at fair value through other comprehensive income [member]    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Increase in variation (as a percent) 0.30%  
Decrease in variation (as a percent) 0.30%  
Equity investments | Level 3 of fair value hierarchy [member] | Gradient | Investments in equity instruments designated at fair value through other comprehensive income [member] | Favorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ 257  
Equity investments | Level 3 of fair value hierarchy [member] | Gradient | Investments in equity instruments designated at fair value through other comprehensive income [member] | Unfavorable scenario    
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]    
Sensitivity analysis of investments $ (263)