ECOPETROL S.A. | CIK:0001444406 | 3

  • Filed: 4/26/2018
  • Entity registrant name: ECOPETROL S.A. (CIK: 0001444406)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1444406/000114420418022451/0001144204-18-022451-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1444406/000114420418022451/ec-20171231.xml
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  • ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory

    The following sensitivity analysis shows the effect of such possible changes on the obligation for defined benefits, while keeping the other assumptions constant, as of December 31, 2017:
     
     
     
    Pension
     
    Bonds
     
    Health
     
    Education
     
    Other
    benefits
     
    Discount rate
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    -50 basis points
     
     
    13,948,863
     
     
    1,032,967
     
     
    5,775,492
     
     
    527,839
     
     
    242,117
     
    +50 basis points
     
     
    12,440,607
     
     
    948,129
     
     
    4,962,688
     
     
    480,224
     
     
    230,501
     
    Inflation rate
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    -50 basis points
     
     
    12,386,975
     
     
    946,675
     
     
    N/A
     
     
    N/A
     
     
    156,021
     
    +50 basis points
     
     
    14,003,214
     
     
    1,033,715
     
     
    N/A
     
     
    N/A
     
     
    161,094
     
    Salary growth rate
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    -50 basis points
     
     
    N/A
     
     
    N/A
     
     
    N/A
     
     
    N/A
     
     
    76,336
     
    +50 basis points
     
     
    N/A
     
     
    N/A
     
     
    N/A
     
     
    N/A
     
     
    79,150
     
    Cost trend
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    -50 basis points
     
     
    N/A
     
     
    N/A
     
     
    4,982,874
     
     
    479,829
     
     
    N/A
     
    +50 basis points
     
     
    N/A
     
     
    N/A
     
     
    5,797,753
     
     
    528,104
     
     
    N/A