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BASIS OF PREPARATION OF THE CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Changes in Presentation (Details)
$ in Millions, $ in Millions
Dec. 31, 2018
USD ($)
[1]
Dec. 31, 2018
COP ($)
Dec. 31, 2017
COP ($)
Dec. 31, 2016
COP ($)
Dec. 31, 2015
COP ($)
Trading assets          
Debt securities   $ 3,762,978 $ 2,650,536    
Equity securities   2,672,648 2,149,160    
Derivative assets   768,686 328,392    
Held-to-maturity investments     2,899,039    
Investment securities $ 7,086.7 23,030,159 21,513,199 [2]    
Loans:          
Commercial 31,512.9 102,408,977 99,428,894 [2]    
Consumer 17,064.4 55,455,064 50,382,895 [2]    
Mortgages 5,721.1 18,592,103 16,151,299 [2]    
Microcredit 131.0 425,697 409,688 [2]    
Allowance for impairment losses (2,522.1) (8,196,187) (5,618,481) [2] $ (4,261,444) $ (3,718,324)
Other accounts receivable, net 2,862.0 9,300,643 6,521,883 [2]    
Total other accounts receivables, net 2,862.0 9,300,643 6,521,883 [2]    
Hedging derivatives 9.3 30,138 55,261 [2]    
Trading liabilities          
Derivative instruments 249.7 811,305 298,665 [2]    
Hedging derivatives $ 60.2 195,539 13,464 [2]    
Increase (decrease) due to application of IFRS 9          
Trading assets          
Total trading assets     5,128,088    
Investment securities     21,513,199    
Loans:          
Total loans, net     160,754,295    
Other accounts receivable, net     6,521,883    
Total other accounts receivables, net     6,521,883    
Hedging derivatives     55,261    
Trading liabilities          
Derivative instruments     298,665    
Hedging derivatives     13,464    
Previously stated | Increase (decrease) due to application of IFRS 9          
Trading assets          
Equity securities     2,149,160    
Derivative assets     328,392    
Total held-for-trading     5,128,088    
Held-to-maturity investments     2,899,039    
Loans:          
Commercial     99,428,894    
Consumer     50,382,895    
Mortgages     16,151,299    
Microcredit     409,688    
Allowance for impairment losses     (5,618,481)    
Total loans, net     160,754,295    
Other financial assets at fair value through profit or loss     2,282,611    
Other accounts receivable, net     4,239,272    
Total other accounts receivables, net     4,239,272    
Hedging derivatives     55,261    
Trading liabilities          
Derivative instruments     298,665    
Hedging derivatives     13,464    
Held for trading debt securities          
Trading assets          
Debt securities   $ 3,762,978 2,650,536    
Held for trading debt securities | Previously stated | Increase (decrease) due to application of IFRS 9          
Trading assets          
Debt securities     2,650,536    
Trading assets     4,799,696    
Available For Sale Financial Assets | Previously stated | Increase (decrease) due to application of IFRS 9          
Trading assets          
Debt securities     17,790,127    
Equity securities     824,033    
Derivative assets     $ 18,614,160    
[1] See note 2.4, “convenience translation into U.S. dollars”.
[2] See note 2.32, Changes in presentation.