BANCOLOMBIA SA | CIK:0001071371 | 3

  • Filed: 4/30/2018
  • Entity registrant name: BANCOLOMBIA SA (CIK: 0001071371)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1071371/000114420418023396/0001144204-18-023396-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1071371/000114420418023396/cib-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001071371
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  • ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory

    The following table sets forth an analysis of the activity in the goodwill account:
     
     
    December 31, 2017
    December 31, 2016
    In millions of COP
      Balance at beginning of the year, net
    6,130,095
    6,484,669
    Effect of change in foreign exchange rate
    (34,136)
    (354,574)
    Balance at end of the year, net
    6,095,959
    6,130,095