ECOPETROL S.A. | CIK:0001444406 | 3

  • Filed: 4/26/2018
  • Entity registrant name: ECOPETROL S.A. (CIK: 0001444406)
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    • ifrs-full:DisclosureOfProductsAndServicesExplanatory

    The sales by product for each segment are detailed below for the years ended December 31, 2017, 2016 and 2015:
     
     
     
    For the year ended on December 31, 2017
     
     
     
    Exploration
    and Production
     
    Refining and
    Petrochemicals
     
    Transport and
    Logistics
     
    Eliminations
     
    Total
     
    Local sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Mid-distillates
     
     
    1,334
     
     
    9,588,992
     
     
    -
     
     
    -
     
     
    9,590,326
     
    Gasoline
     
     
    -
     
     
    8,052,289
     
     
    -
     
     
    (1,062,102)
     
     
    6,990,187
     
    Services
     
     
    181,384
     
     
    221,910
     
     
    10,597,698
     
     
    (7,127,640)
     
     
    3,873,352
     
    Natural gas
     
     
    2,540,233
     
     
    4
     
     
    -
     
     
    (724,483)
     
     
    1,815,754
     
    Crude oil
     
     
    11,668,529
     
     
    -
     
     
    -
     
     
    (10,758,658)
     
     
    909,871
     
    Plastic and rubber
     
     
    -
     
     
    833,982
     
     
    -
     
     
    -
     
     
    833,982
     
    LPG and propane
     
     
    199,796
     
     
    309,823
     
     
    -
     
     
    -
     
     
    509,619
     
    Asphalts
     
     
    34,834
     
     
    240,969
     
     
    -
     
     
    -
     
     
    275,803
     
    Other products
     
     
    214,059
     
     
    1,103,089
     
     
    -
     
     
    (109,903)
     
     
    1,207,245
     
     
     
     
    14,840,169
     
     
    20,351,058
     
     
    10,597,698
     
     
    (19,782,786)
     
     
    26,006,139
     
    Recognition of price differential
     
     
    -
     
     
    2,229,953
     
     
    -
     
     
    -
     
     
    2,229,953
     
     
     
     
    14,840,169
     
     
    22,581,011
     
     
    10,597,698
     
     
    (19,782,786)
     
     
    28,236,092
     
    Foreign sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Crude oil
     
     
    21,426,665
     
     
    52,398
     
     
    -
     
     
    -
     
     
    21,479,063
     
    Fuel oil
     
     
    -
     
     
    1,982,408
     
     
    -
     
     
    -
     
     
    1,982,408
     
    Gasoline and turbo fuels
     
     
    -
     
     
    1,223,994
     
     
    -
     
     
    -
     
     
    1,223,994
     
    Diesel
     
     
    -
     
     
    1,213,740
     
     
    -
     
     
    -
     
     
    1,213,740
     
    Plastic and rubber
     
     
    -
     
     
    1,169,101
     
     
    -
     
     
    -
     
     
    1,169,101
     
    Natural gas
     
     
    32,303
     
     
    -
     
     
    -
     
     
    -
     
     
    32,303
     
    LPG and propane
     
     
    15,631
     
     
    -
     
     
    -
     
     
    -
     
     
    15,631
     
    Cash flow hedge for future exports – Reclassification to profit or loss
     
     
    160,772
     
     
    -
     
     
    -
     
     
    -
     
     
    160,772
     
    Other
     
     
    19,393
     
     
    421,364
     
     
    367
     
     
    -
     
     
    441,124
     
     
     
     
    21,654,764
     
     
    6,063,005
     
     
    367
     
     
    -
     
     
    27,718,136
     
     
     
     
    36,494,933
     
     
    28,644,016
     
     
    10,598,065
     
     
    (19,782,786)
     
     
    55,954,228
     
     
     
     
    For the year ended December 31, 2016
     
     
     
    Exploration
    and Production
     
    Refining and
    Petrochemicals
     
    Transportation
    and Logistics
     
    Eliminations
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Local sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Med-distillates
     
     
    -
     
     
    8,553,503
     
     
    -
     
     
    -
     
     
    8,553,503
     
    Gasoline and turbo fuel
     
     
    -
     
     
    6,465,939
     
     
    -
     
     
    (373,200)
     
     
    6,092,739
     
    Services
     
     
    73,247
     
     
    41,736
     
     
    10,572,170
     
     
    (6,643,869)
     
     
    4,043,284
     
    Natural gas
     
     
    2,383,323
     
     
    11,763
     
     
    -
     
     
    (406,750)
     
     
    1,988,336
     
    Plastic and rubber
     
     
    -
     
     
    724,708
     
     
    -
     
     
    -
     
     
    724,708
     
    L.P.G. and propane
     
     
    90,783
     
     
    319,644
     
     
    -
     
     
    (4,558)
     
     
    405,869
     
    Crude oil
     
     
    5,284,554
     
     
    -
     
     
    -
     
     
    (4,730,888)
     
     
    553,666
     
    Asphalts
     
     
    31,277
     
     
    309,123
     
     
    -
     
     
    -
     
     
    340,400
     
    Aromatics
     
     
    -
     
     
    186,228
     
     
    -
     
     
    -
     
     
    186,228
     
    Oil fuel
     
     
    1,382
     
     
    146,866
     
     
    -
     
     
    -
     
     
    148,248
     
    Other products
     
     
    424,952
     
     
    669,568
     
     
    75,793
     
     
    (510,144)
     
     
    660,169
     
     
     
     
    8,289,518
     
     
    17,429,078
     
     
    10,647,963
     
     
    (12,669,409)
     
     
    23,697,150
     
    Recognition of price differential
     
     
    -
     
     
    1,048,022
     
     
    -
     
     
    -
     
     
    1,048,022
     
     
     
     
    8,289,518
     
     
    18,477,100
     
     
    10,647,963
     
     
    (12,669,409)
     
     
    24,745,172
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Foreign sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Crude
     
     
    19,516,197
     
     
    -
     
     
    -
     
     
    (2,237,618)
     
     
    17,278,579
     
    Oil fuel
     
     
    -
     
     
    2,158,539
     
     
    -
     
     
    -
     
     
    2,158,539
     
    Med-distillates
     
     
    -
     
     
    1,594,945
     
     
    -
     
     
    -
     
     
    1,594,945
     
    Plastic and rubber
     
     
    -
     
     
    1,171,342
     
     
    -
     
     
    -
     
     
    1,171,342
     
    Gasoline and turbo fuel
     
     
    -
     
     
    1,046,758
     
     
    -
     
     
    -
     
     
    1,046,758
     
    Natural gas
     
     
    350,685
     
     
    -
     
     
    -
     
     
    (291,875)
     
     
    58,810
     
    L.P.G. and propane
     
     
    6,342
     
     
    2,225
     
     
    -
     
     
    -
     
     
    8,567
     
    Cash flow hedging – Reclassification to profit or loss
     
     
    33,074
     
     
    -
     
     
    -
     
     
    -
     
     
    33,074
     
    Other products
     
     
    25,395
     
     
    363,250
     
     
    814
     
     
    316
     
     
    389,775
     
     
     
     
    19,931,693
     
     
    6,337,059
     
     
    814
     
     
    (2,529,177)
     
     
    23,740,389
     
    Total sales revenue
     
     
    28,221,211
     
     
    24,814,159
     
     
    10,648,777
     
     
    (15,198,586)
     
     
    48,485,561
     
     
     
     
    For the year ended December 31, 2015
     
     
     
    Exploration and
    Production
     
    Refining and
    Petrochemicals
     
    Transportation
    and Logistics
     
    Eliminations
     
    Total
     
    Local sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Med-distillates
     
     
    25,782
     
     
    10,206,599
     
     
    -
     
     
    (17,157)
     
     
    10,215,224
     
    Gasoline
     
     
    -
     
     
    6,464,661
     
     
    -
     
     
    (336,453)
     
     
    6,128,208
     
    Services
     
     
    118,812
     
     
    198,369
     
     
    10,822,078
     
     
    (6,703,985)
     
     
    4,435,274
     
    Natural gas
     
     
    2,198,284
     
     
    -
     
     
    -
     
     
    (352,939)
     
     
    1,845,345
     
    Crude oil
     
     
    5,847,368
     
     
    -
     
     
    -
     
     
    (5,356,089)
     
     
    491,279
     
    Diesel and asphalts
     
     
    49,583
     
     
    411,605
     
     
    -
     
     
    -
     
     
    461,188
     
    Plastic and rubber
     
     
    -
     
     
    724,392
     
     
    -
     
     
    -
     
     
    724,392
     
    L.P.G. and propane
     
     
    154,201
     
     
    190,346
     
     
    -
     
     
    (9,053)
     
     
    335,494
     
    Other products
     
     
    262,906
     
     
    1,070,725
     
     
    22,472
     
     
    (367,757)
     
     
    988,346
     
     
     
     
    8,656,936
     
     
    19,266,697
     
     
    10,844,550
     
     
    (13,143,433)
     
     
    25,624,750
     
    Recognition of price differential
     
     
    -
     
     
    441,871
     
     
    -
     
     
    -
     
     
    441,871
     
     
     
     
    8,656,936
     
     
    19,708,568
     
     
    10,844,550
     
     
    (13,143,433)
     
     
    26,066,621
     
    Foreign sales
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Crude
     
     
    21,495,762
     
     
    -
     
     
    -
     
     
    (314,497)
     
     
    21,181,265
     
    Fuel oil
     
     
    -
     
     
    2,166,469
     
     
    -
     
     
    -
     
     
    2,166,469
     
    Trading of crude
     
     
    1,309,196
     
     
    -
     
     
    -
     
     
    -
     
     
    1,309,196
     
    Natural gas
     
     
    233,500
     
     
    -
     
     
    -
     
     
    (50,550)
     
     
    182,950
     
    Gasoline and turbo fuel
     
     
    27,756
     
     
    65,369
     
     
    -
     
     
    -
     
     
    93,125
     
    Diesel
     
     
    -
     
     
    81,982
     
     
    -
     
     
    -
     
     
    81,982
     
    Plastic and rubber
     
     
    -
     
     
    1,096,730
     
     
    -
     
     
    -
     
     
    1,096,730
     
    Cash flow hedging – Reclassification to profit or loss
     
     
    7,646
     
     
    -
     
     
    -
     
     
    -
     
     
    7,646
     
    Other products and services
     
     
    1,815
     
     
    126,558
     
     
    -
     
     
    32,914
     
     
    161,287
     
     
     
     
    23,075,675
     
     
    3,537,108
     
     
    -
     
     
    (332,133)
     
     
    26,280,650
     
    Total revenue
     
     
    31,732,611
     
     
    23,245,676
     
     
    10,844,550
     
     
    (13,475,566)
     
     
    52,347,271