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
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001444406
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory

    The breakdown of assets, liabilities and results of the two main investments in associates and joint ventures, Equion Energy Limited and the Offshore International Group, as of December 31, 2017 and 2016 is as follows:
     
     
     
    2017
     
    2016
     
     
     
    Equion
     
    Offshore
     
    Equion
     
    Offshore
     
     
     
    Energy
     
    International
     
    Energy
     
    International
     
     
     
    Limited
     
    Group
     
    Limited
     
    Group
     
    Statement of financial position
     
     
     
     
     
     
     
     
     
     
     
     
     
    Current assets
     
     
    909,927
     
     
    289,618
     
     
    712,078
     
     
    317,700
     
    Non-current assets
     
     
    955,849
     
     
    1,568,395
     
     
    1,406,510
     
     
    1,693,947
     
    Total assets
     
     
    1,865,776
     
     
    1,858,013
     
     
    2,118,588
     
     
    2,011,647
     
    Current liabilities
     
     
    430,130
     
     
    192,513
     
     
    417,203
     
     
    147,090
     
    Non-current liabilities
     
     
    98,835
     
     
    657,746
     
     
    170,527
     
     
    671,577
     
    Total liabilities
     
     
    528,965
     
     
    850,259
     
     
    587,730
     
     
    818,667
     
    Equity
     
     
    1,336,811
     
     
    1,007,754
     
     
    1,530,858
     
     
    1,192,980
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Other complementary information
     
     
     
     
     
     
     
     
     
     
     
     
     
    Cash and cash equivalents
     
     
    170,618
     
     
    32,490
     
     
    300,689
     
     
    22,224
     
    Current financial liabilities
     
     
    336,352
     
     
    97,960
     
     
    328,497
     
     
    21,408
     
    Non-current financial liabilities
     
     
    2,921
     
     
    214,259
     
     
    309
     
     
    356,353
     
     
     
     
    2017
     
    2016
     
    2015
     
     
     
    Equion
     
    Offshore
     
    Equion
     
    Offshore
     
    Equion
     
    Offshore
     
     
     
    Energy
     
    International
     
    Energy
     
    International
     
    Energy
     
    International
     
     
     
    Limited
     
    Group
     
    Limited
     
    Group
     
    Limited
     
    Group
     
    Statement of profit or loss
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Sales revenue
     
     
    1,213,692
     
     
    393,210
     
     
    1,204,301
     
     
    379,811
     
     
    1,218,796
     
     
    463,660
     
    Costs
     
     
    (793,999)
     
     
    (508,461)
     
     
    (969,318)
     
     
    (502,107)
     
     
    (958,467)
     
     
    (654,095)
     
    Administrative expenses and others
     
     
    12,188
     
     
    (103,340)
     
     
    (44,810)
     
     
    (221,238)
     
     
    (74,258)
     
     
    (128,895)
     
    Financial income (expenses)
     
     
    2,373
     
     
    (20,264)
     
     
    59,143
     
     
    (12,010)
     
     
    37,970
     
     
    (8,528)
     
    Income tax
     
     
    (180,546)
     
     
    60,575
     
     
    30,199
     
     
    107,507
     
     
    (209,221)
     
     
    90,294
     
    Financial year results
     
     
    253,708
     
     
    (178,280)
     
     
    279,515
     
     
    (248,037)
     
     
    14,820
     
     
    (237,564)
     
    Other comprehensive results
     
     
    913,728
     
     
    -
     
     
    935,847
     
     
    -
     
     
    1,024,423
     
     
    -
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Other complementary information
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Dividends paid to the Ecopetrol
    Business Group
     
     
    217,075
     
     
    -
     
     
    375,035
     
     
    -
     
     
    284,984
     
     
    -
     
    Depreciation and amortization
     
     
    557,970
     
     
    232,953
     
     
    678,488
     
     
    228,250
     
     
    642,369
     
     
    229,317