| 11.3.2. | Amount of temporary differences in subsidiaries, branches, associates on which no charged deferred tax has been recognized |
| | December 31, 2017 | December 31, 2016 |
| In millions of COP | ||
| Temporary differences | | |
| Local Subsidiaries | (1,043,724) | (234,975) |
| Foreign Subsidiaries | (4,533,672) | (4,547,623) |