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CONSOLIDATED STATEMENT OF FINANCIAL POSITION - COP ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 31,645,291 $ 25,329,846
Financial assets investments 27,940,140 29,289,301
Derivative financial instruments 4,961,237 2,454,005
Financial assets investments and derivative financial instruments 32,901,377 31,743,306
Loans and advances to customers 269,923,739 220,323,483
Allowance for loans, advances and lease losses (15,479,640) (15,864,482)
Loans and advances to customers, net 254,444,099 204,459,001
Assets held for sale and inventories, net 608,449 546,794
Investment in associates and joint ventures 2,915,633 2,720,559
Investment properties 3,994,058 3,132,220
Premises and equipment, net 6,727,066 5,100,652
Right-of-use assets, lease 1,827,108 1,695,865
Goodwill and intangible assets, net 10,439,192 8,628,772
Deferred tax, net 764,594 746,375
Other assets, net 6,547,866 5,751,658
TOTAL ASSETS 352,814,733 289,855,048
LIABILITIES    
Deposits by customers 250,992,323 210,390,848
Interbank deposits and repurchase agreements and other similar secured borrowing 1,091,184 1,649,730
Derivative financial instruments 4,737,454 1,961,109
Borrowings from other financial institutions 19,692,638 8,551,558
Debt instruments in issue 19,575,988 21,093,864
Lease liabilities 1,900,268 1,819,077
Preferred shares 584,204 584,204
Current tax 965,180 261,653
Deferred tax, net 633,361 1,016,586
Employee benefit plans 765,371 838,237
Other liabilities 11,879,211 7,762,724
TOTAL LIABILITIES 312,817,182 255,929,590
EQUITY    
Share capital 480,914 480,914
Additional paid-in-capital 4,857,454 4,857,454
Appropriated reserves 15,930,665 14,661,007
Retained earnings 3,278,164 3,273,788
Net income attributable to equity holders of the Parent Company 6,783,490 4,086,795
Accumulated other comprehensive income, net of tax 7,758,216 4,874,389
SHAREHOLDERS' EQUITY ATTRIBUTABLE TO THE OWNERS OF THE PARENT COMPANY 39,088,903 32,234,347
Non-controlling interest 908,648 1,691,111
TOTAL EQUITY 39,997,551 33,925,458
TOTAL LIABILITIES AND EQUITY $ 352,814,733 $ 289,855,048