XML 38 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of comprehensive income [abstract]      
Net income $ 6,365,581 $ 6,214,971 $ 6,996,365
Other comprehensive income/(loss) that will not be reclassified to net income      
Remeasurement income related to defined benefit liability 6,041 (44,594) 69,249
Income tax (4,747) 13,234 (25,090)
Net of tax amount 1,294 (31,360) 44,159
Investments in equity instruments measured at fair value through other comprehensive income (FVTOCI)      
Unrealized gain 22,109 11,144 33,354
Income tax 6,463 (246) (1,282)
Net of tax amount 28,572 10,898 32,072
Income tax 0 0 (71)
Net of tax amount 0 0 (71)
Total other comprehensive income that will not be reclassified to net income, net of tax 29,866 (20,462) 76,160
Investments in debt instruments measured at fair value through other comprehensive income (FVTOCI)      
(Loss)/Gain on investments recycled to profit or loss upon disposal (5,996) (8,679) 15,250
Unrealized gain/(loss) 20,272 119,225 (182,729)
Unrealized (loss)/gain for fair value hedging 0 0 (3,647)
Changes in loss allowance for credit losses 538 3,741 (1,259)
Income tax 8,422 (21,023) 7,843
Net of tax amount 23,236 93,264 (164,542)
Foreign currency translation adjustments:      
Exchange differences arising on translating the foreign operations 2,978,351 (4,963,913) 4,064,795
Gain / (Loss) on net investment hedge in foreign operations (742,930) 1,948,833 (1,833,087)
Income tax 307,656 (772,755) 746,232
Net of tax amount 2,543,077 [1] (3,787,835) 2,977,940
Cash flow hedges      
Net gains from cash flow hedges 351 0 0
Reclassification to the Statement of Income (135) 0 0
Income tax (87) 0 0
Net of tax amount 129 0 0
Unrealized (loss)/gain on investments in associates and joint ventures using equity method (7,690) (2,225) (1,929)
Income tax 1,348 2,223 (1,221)
Net of tax amount (6,342) (2) (3,150)
Total other comprehensive income that may be reclassified to net income, net of tax 2,560,100 (3,694,573) 2,810,248
Other comprehensive income, attributable to the owners of the Parent Company, net of tax 2,589,966 (3,715,035) 2,886,408
Other comprehensive income, attributable to the Non-controlling interest 3,278 (5,222) 3,441
Total comprehensive income 8,958,825 2,494,714 9,886,214
Total comprehensive income attributable to: Equity holders of the Parent Company 8,857,710 2,401,901 9,669,898
Total comprehensive income attributable to: Non-controlling interests $ 101,115 $ 92,813 $ 216,316
[1] In 2024, there was a 15.36% devaluation of the Colombian peso against the U.S. dollar and in 2023 there was 20.54% revaluation.