XML 191 R13.htm IDEA: XBRL DOCUMENT v3.20.1
CASH AND CASH EQUIVALENTS
 12 Months Ended
Dec. 31, 2019
Disclosure of cash and cash equivalents [Abstract]  
Disclosure of cash and cash equivalents [text block]

NOTE 7 – CASH AND CASH EQUIVALENTS

Balances of cash and cash equivalents comprise the following as of December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2018

In Colombian Pesos

 

 

 

 

 

 

Cash

 

Ps.

4,466,144

 

Ps.

4,489,637

Deposits in the Colombian central bank

 

 

4,755,515

 

 

3,794,412

Demand deposits in banks and other financial entities

 

 

266,964

 

 

559,181

Clearing  houses

 

 

1,248

 

 

3,428

Investments in debt securities maturing in under three months

 

 

31,353

 

 

2,449

Cash held for specific purposes (1)

 

 

50,078

 

 

254,280

 

 

Ps.

9,571,302

 

Ps.

9,103,387

In foreign currency

 

 

 

 

 

 

Cash

 

 

2,186,402

 

 

1,955,745

Demand deposits in banks and other financial entities

 

 

18,359,532

 

 

17,342,151

 

 

Ps.

20,545,934

 

Ps.

19,297,896

Total cash and cash equivalents

 

Ps.

30,117,236

 

Ps.

28,401,283

(1)

Grupo Aval has cash held for specific purpuses related to the collection of tolls in concessions.

 

Grupo Aval´s banking subsidiaries had cash reserves to comply with the mandatory (see note 4.3) amount for time deposits, checking accounts and savings accounts for 16,806,578 and 15,710,055 at December 31, 2019 and 2018, respectively.