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
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001444406
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    • ifrs-full:DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory

    The following is the movement of accumulated foreign currency gains and losses in respect of the net investment hedge recognized in other comprehensive income for the years ended December 31, 2017 and 2016:
     
     
     
    2017
     
    2016
     
    Opening balance
     
     
    155,359
     
     
    -
     
    Exchange difference
     
     
    (86,892)
     
     
    231,879
     
    Ineffectiveness
     
     
    329
     
     
    -
     
    Deferred income tax
     
     
    28,566
     
     
    (76,520)
     
    Closing balance
     
     
    97,362
     
     
    155,359