Grupo Aval Acciones Y Valores S.A. | CIK:0001504764 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Grupo Aval Acciones Y Valores S.A. (CIK: 0001504764)
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  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1504764/000114420418022931/0001144204-18-022931-index.htm
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    • ifrs-full:DisclosureOfInterestsInSubsidiariesExplanatory

    NOTE 26 – NON- CONTROLLING INTEREST
     
    The following table includes financial information regarding each subsidiary of Grupo Aval that has significant non controlling interests at December 31, 2017 and 2016:
     
    December 31, 2017
    Entity
     
    Country
     
    Non-
    controlling
    Interest
     
     
    Non-controlling
    Interest share of
    equity
     
     
    Non-controlling
    interest share
    of net income
     
     
    Dividends paid to
    non-controlling
    interest in the year
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Corporación Financiera Colombiana S.A.
     
    Colombia
     
     
    55.21
    %
     
     
    3,448,933
     
     
     
    462,137
     
     
     
    (340,381
    )
    Banco Bogotá S.A.
     
    Colombia
     
     
    31.26
    %
     
     
    5,395,664
     
     
     
    619,515
     
     
     
    (322,985
    )
    Banco de Occidente S.A.
     
    Colombia
     
     
    27.73
    %
     
     
    256,858
     
     
     
    65,941
     
     
     
    (84,339
    )
    Banco Popular S.A.
     
    Colombia
     
     
    6.26
    %
     
     
    184,126
     
     
     
    25,163
     
     
     
    (6,690
    )
    Banco Comercial AV Villas S.A.
     
    Colombia
     
     
    20.13
    %
     
     
    298,651
     
     
     
    27,263
     
     
     
    (14,353
    )
     
     
     
     
     
    Total
     
     
    Ps.
    9,584,231
     
     
    Ps.
    1,200,019
     
     
    Ps.
    (768,748
    )
     
    December 31, 2016
    Entity
     
    Country
     
    Non-
    controlling
    Interest
     
     
    Non-controlling
    Interest share of
    equity
     
     
    Non-controlling
    interest share
    of net income
     
     
    Dividends paid to
    non-controlling
    interest in the year
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Corporación Financiera Colombiana S.A.
     
    Colombia
     
     
    55.51
    %
     
     
    3,154,158
     
     
     
    590,036
     
     
     
    (294,376
    )
    Banco Bogotá S.A.
     
    Colombia
     
     
    31.26
    %
     
     
    4,882,747
     
     
     
    685,073
     
     
     
    (332,460
    )
    Banco de Occidente S.A.
     
    Colombia
     
     
    27.73
    %
     
     
    568,263
     
     
     
    53,256
     
     
     
    (83,166
    )
    Banco Popular S.A.
     
    Colombia
     
     
    6.26
    %
     
     
    165,150
     
     
     
    12,347
     
     
     
    (9,529
    )
    Banco Comercial AV Villas S.A.
     
    Colombia
     
     
    20.13
    %
     
     
    287,351
     
     
     
    36,358
     
     
     
    (7,668
    )
     
     
     
     
     
    Total
     
     
    Ps.
    9,057,669
     
     
    Ps.
    1,377,070
     
     
    Ps.
    (727,199
    )
     
    The following table includes information regarding each subsidiary of Grupo Aval that has significant non- controlling interests to December 31, 2017 and 2016:
     
    December 31, 2017
     
    Entity
     
    Assets
     
     
    Liabilities
     
     
    Total Income
     
     
    Net Income
     
     
    OCI
     
     
    Cash Flow from
    operating activities
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Corporación Financiera Colombiana S.A.
     
     
    21,115,000
     
     
     
    15,872,265
     
     
     
    2,313,589
     
     
     
    563,553
     
     
     
    615,754
     
     
     
    3,428,076
     
    Banco Bogotá S.A.
     
     
    149,389,133
     
     
     
    131,197,065
     
     
     
    16,396,415
     
     
     
    2,132,951
     
     
     
    880,565
     
     
     
    1,571,203
     
    Banco de Occidente S.A.
     
     
    37,746,874
     
     
     
    33,342,596
     
     
     
    4,132,220
     
     
     
    377,686
     
     
     
    187,037
     
     
     
    797,598
     
    Banco Popular S.A.
     
     
    22,322,103
     
     
     
    19,651,056
     
     
     
    2,537,768
     
     
     
    205,694
     
     
     
    153,208
     
     
     
    756,955
     
    Banco Comercial AV Villas S.A.
     
     
    12,318,124
     
     
     
    10,853,638
     
     
     
    1,645,948
     
     
     
    137,695
     
     
     
    788
     
     
     
    (1,295,251
    )
     
    December 31, 2016
     
    Entity
     
    Assets
     
     
    Liabilities
     
     
    Total Income
     
     
    Net Income
     
     
    OCI
     
     
    Cash Flow from
    operating activities
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Corporación Financiera Colombiana S.A.
     
     
    20,504,644
     
     
     
    15,604,999
     
     
     
    2,135,834
     
     
     
    671,336
     
     
     
    537,304
     
     
     
    1,378,419
     
    Banco Bogotá S.A. (*)
     
     
    141,430,749
     
     
     
    124,192,566
     
     
     
    18,141,612
     
     
     
    4,432,026
     
     
     
    970,007
     
     
     
    313,112
     
    Banco de Occidente S.A.
     
     
    35,568,507
     
     
     
    31,177,321
     
     
     
    4,054,750
     
     
     
    627,993
     
     
     
    242,389
     
     
     
    (402,394
    )
    Banco Popular S.A.
     
     
    20,731,144
     
     
     
    18,052,231
     
     
     
    2,478,501
     
     
     
    181,075
     
     
     
    278,374
     
     
     
    (106,977
    )
    Banco Comercial AV Villas S.A.
     
     
    12,466,634
     
     
     
    11,063,550
     
     
     
    1,554,428
     
     
     
    179,550
     
     
     
    (19,599
    )
     
     
    216,083
     
     
    (*) Includes Ps. 2,208,053 related to the effect of the deconsolidation of Corficolombiana, refer to Note 1 for more information.