BANCOLOMBIA SA | CIK:0001071371 | 3

  • Filed: 4/30/2018
  • Entity registrant name: BANCOLOMBIA SA (CIK: 0001071371)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1071371/000114420418023396/0001144204-18-023396-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1071371/000114420418023396/cib-20171231.xml
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    • ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory

    NOTE 9. PREMISES AND EQUIPMENT, NET
     
    As of December 31, 2017 and 2016 the premises and equipment consisted of the following:
     
    As of December 31, 2017
     
    Premises and
    equipment
    Balance at
    January 1,
    2017
    Roll - forward
    Balance at
    December
    31, 2017
    Acquisitions
    Expenses
    depreciation
    Disposals
    Assets
    classified
    as held for
    sale
    Subsidiary
    liquidation
    Effect of
    changes
    in foreign
    exchange
    rate
    In millions of COP
    Land
     
     
     
     
     
     
     
     
     Cost
    334,499
    4,050
    -
    (904)
    -
    -
    (283)
    337,362
    Construction in progress
     
     
     
     
     
     
     
     
     Cost
    32,883
    48,849
    -
    (76,066)
    -
    -
    (537)
    5,129
    Buildings  
     
     
     
     
     
     
     
     
     Cost
    1,185,296
    130,766
    -
    (27,041)
    -
    (5,973)
    21,491
    1,304,539
     Accumulated depreciation
    (259,400)
    -
    (29,451)
    3,449
    -
    -
    284
    (285,118)
    Furniture and fixtures
     
     
     
     
     
     
     
     
     Cost
    572,699
    40,187
    -
    (12,647)
    (111)
    (37)
    1,184
    601,275
     Accumulated   depreciation
    (300,731)
    -
    (39,912)
    9,317
    95
    30
    (2,853)
    (334,054)
    Computer equipment
     
     
     
     
     
     
     
     
     Cost
    717,464
    100,939
    -
    (29,301)
    (6,025)
    (39)
    (562)
    782,476
     Accumulated depreciation
    (477,339)
    -
    (73,772)
    46,358
    5,740
    18
    1,019
    (497,976)
    Vehicles
     
     
     
     
     
     
     
     
     Cost
    1,461,628
    650,232
    -
    (305,457)
    (318,880)
    (32,845)
    (43,969)
    1,410,709
     Accumulated depreciation
    (387,491)
    (2,866)
    (144,159)
    14,022
    113,100
    15,740
    20,378
    (371,276)
    Airplane
     
     
     
     
     
     
     
     
     Cost
    60,614
    -
    -
    (59,614)
    -
    -
    (1,000)
    -
     Accumulated depreciation
    (6,227)
    -
    (356)
    6,480
    -
    -
    103
    -
    Ongoing Imports
     
     
     
     
     
     
     
     
     Cost
    1,929
    6,472
    -
    (4,744)
    -
    -
    (155)
    3,502
    Leasehold improvements
     
     
     
     
     
     
     
     
     Cost
    248,358
    61,284
    -
    (7,812)
    -
    -
    (4,330)
    297,500
     Accumulated depreciation
    (68,485)
    -
    (28,631)
    (29,723)
    -
    -
    176
    (126,663)
    Total premises and equipment - cost
    4,615,370
    1,042,779
    -
    (523,586)
    (325,016)
    (38,894)
    (28,161)
    4,742,492
    Total premises and equipment - accumulated depreciation
    (1,499,673)
    (2,866)
    (316,281)
    49,903
    118,935
    15,788
    19,107
    (1,615,087)
    Total premises and equipment, net
    3,115,697
    1,039,913
    (316,281)
    (473,683)
    (206,081)
    (23,106)
    (9,054)
    3,127,405
     
    As of December 31, 2016
     
    Premises and
    equipment
    Balance at
    January 1,
    2016
    Roll - forward
    Balance at
    December
    31, 2016
    Acquisitions
    Transfers
    Expenses -
    depreciation
    Disposals
     
    Assets
    classified
    as held for
    sale
    Effect of
    changes
    in foreign
    exchange
    rate
    In millions of COP
    Land
     
     
     
     
     
     
     
     
     
     Cost
    355,907
    -
    -
    -
    (8,692)
     
    -
    (12,716)
    334,499
    Construction in progress
     
     
     
     
     
     
     
     
     
     Cost
    61,322
    34,428
    -
    -
    (59,873)
    (1)
    (766)
    (2,228)
    32,883
    Buildings  
     
     
     
     
     
     
     
     
     
     Cost
    1,185,109
    88,506
    -
    -
    (43,997)
     
    (24,293)
    (20,029)
    1,185,296
     Accumulated depreciation
    (269,316)
    (54)
    -
    (31,007)
    16,942
     
    13,569
    10,466
    (259,400)
    Furniture and fixtures
     
     
     
     
     
     
     
     
     
     Cost
    531,176
    74,117
    2,029
    -
    (19,962)
     
    -
    (14,661)
    572,699
     Accumulated   depreciation
    (270,193)
    (1,243)
    (866)
    (43,150)
    7,176
     
    -
    7,545
    (300,731)
    Computer equipment
     
     
     
     
     
     
     
     
     
     Cost
    761,961
    92,723
    2,348
    -
    (120,241)
     
    (3,309)
    (16,018)
    717,464
     Accumulated depreciation
    (484,520)
    (1,338)
    (606)
    (89,771)
    83,763
     
    2,864
    12,269
    (477,339)
    Vehicles
     
     
     
     
     
     
     
     
     
     Cost
    1,240,211
    682,070
    146
    -
    (278,175)
     
    (185,937)
    3,313
    1,461,628
     Accumulated depreciation
    (342,606)
    (134)
    (20)
    (141,290)
    9,889
     
    89,872
    (3,202)
    (387,491)
    Airplane
     
     
     
     
     
     
     
     
     
     Cost
    63,619
    -
    -
    -
    -
     
    -
    (3,005)
    60,614
     Accumulated depreciation
    (4,126)
    -
    -
    (2,336)
    -
     
    -
    235
    (6,227)
    Ongoing Imports
     
     
     
     
     
     
     
     
     
     Cost
    21,192
    59,777
    -
    -
    (54,598)
     
    -
    (24,442)
    1,929
    Leasehold improvements
     
     
     
     
     
     
     
     
     
     Cost
    283,666
    23,055
    -
    -
    (43,640)
     
    -
    (14,723)
    248,358
     Accumulated depreciation
    (81,136)
    -
    -
    (21,704)
    31,598
     
    -
    2,757
    (68,485)
    Total premises and equipment - cost
    4,504,163
    1,054,676
    4,523
    -
    (629,178)
     
    (214,305)
    (104,509)
    4,615,370
    Total premises and equipment - accumulated depreciation
    (1,451,897)
    (2,769)
    (1,492)
    (329,258)
    149,368
     
    106,305
    30,070
    (1,499,673)
    Total premises and equipment, net
    3,052,266
    1,051,907
    3,031
    (329,258)
    (479,810)
     
    (108,000)
    (74,439)
    3,115,697
     
    (1)
    The amount corresponds to the activation of elements in the Banco Agricola’s headquater construction.
     
    As of December 31, 2017 and 2016, there were no contractual commitments for the purchase of premises and equipment, or premises and equipment pledged as collateral.
     
    As of December 31, 2017 and 2016, the assessment made by the Bank indicates there is no evidence of impairment of its premises and equipment.