XML 299 R280.htm IDEA: XBRL DOCUMENT v3.19.1
PARENT COMPANY INFORMATION - Statement of Income (Details)
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
[1]
Dec. 31, 2018
COP ($)
Dec. 31, 2017
COP ($)
Dec. 31, 2016
COP ($)
Operating revenue        
Equity method income, net   $ 197,715 $ 171,964 $ 140,765
Other revenue from ordinary activities   394,401 428,998 729,499
Expenses, net        
Administrative expenses   4,640,460 4,513,148 4,409,199
Other expenses $ 2,883.6 9,371,033 9,003,091 [2] 8,567,309 [2]
Net income before taxes 2,256.8 7,334,141 4,915,227 [2],[3] 5,573,845 [2],[3]
Income tax expense 661.5 2,149,590 1,752,794 [2] 2,056,909 [2]
Net income $ 1,595.4 5,184,551 3,162,433 [2] 3,516,936 [2]
Parent        
Operating revenue        
Equity method income, net   2,893,435 2,005,155 2,330,814
Other revenue from ordinary activities   285,218 234,502 77,387
Total operating revenue   3,178,653 2,239,657 2,408,201
Expenses, net        
Administrative expenses   75,348 89,823 98,130
Other expenses   166 274 168
(Losses) gains from exchange differences   (1,601) 98 (1,085)
Operating income   3,101,538 2,149,658 2,308,818
Financial expenses   118,892 133,171 125,585
Net income before taxes   2,982,646 2,016,487 2,183,233
Income tax expense   66,662 51,568 5,620
Net income   $ 2,915,984 $ 1,964,919 $ 2,177,613
[1] See note 2.4, “convenience translation into U.S. dollars”.
[2] See note 2.32, Changes in presentation.
[3] See note 2.5 “Changes in accounting policies”.