Ecopetrol Balance Sheet

Financials in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12,880,000	10,694,000	14,054,000	12,336,115	15,401,058	14,549,906
Short-Term Investments	912,000	1,838,000	851,000	1,860,928	1,162,127	1,627,150
Cash & Short-Term Investments	13,792,000	12,532,000	14,905,000	14,197,043	16,563,185	16,177,056
Cash Growth	-17.07%	-15.92%	4.99%	-14.29%	2.39%	122.30%
Accounts Receivable	15,723,000	13,320,000	19,262,000	31,875,055	38,007,100	17,377,025
Other Receivables	13,802,000	16,074,000	12,602,000	9,546,666	8,002,291	7,345,659
Receivables	29,525,000	29,394,000	31,864,000	41,421,805	46,010,478	24,724,070
Inventory	10,390,000	8,609,000	10,028,000	10,202,448	11,880,034	8,398,212
Prepaid Expenses	1,379,000	1,079,000	1,595,000	789,029	693,341	549,456
Other Current Assets	1,778,000	1,831,000	2,250,000	2,004,781	2,129,807	1,846,953
Total Current Assets	56,864,000	53,445,000	60,642,000	68,615,106	77,276,845	51,695,747
Property, Plant & Equipment	155,192,000	155,505,000	156,101,000	141,229,071	143,948,921	126,483,048
Long-Term Investments	9,647,000	9,506,000	13,041,000	8,790,479	11,060,344	9,664,770
Goodwill	4,542,000	4,591,000	4,905,000	4,606,191	5,109,637	4,686,324
Other Intangible Assets	13,680,000	14,041,000	16,413,000	14,714,809	18,146,605	15,508,516
Long-Term Accounts Receivable	31,415,000	30,608,000	27,889,000	25,891,355	28,905,706	21,475,036
Long-Term Deferred Tax Assets	9,859,000	10,170,000	16,237,000	12,902,701	17,210,033	9,024,858
Other Long-Term Assets	5,810,000	5,740,000	5,769,000	5,387,638	4,711,081	3,887,982
Total Assets	287,604,000	284,137,000	301,344,000	282,280,588	306,369,507	242,426,616
Accounts Payable	12,022,000	11,636,000	15,137,000	13,769,585	15,102,556	10,536,858
Accrued Expenses	3,466,000	3,886,000	3,649,000	3,333,943	3,084,060	2,590,367
Short-Term Debt	708,000	-47,000	125,000	683,949	815,056	1,483,701
Current Portion of Long-Term Debt	11,354,000	9,258,000	10,109,000	14,523,923	21,106,508	7,434,059
Current Portion of Leases	145,000	869,000	1,054,000	342,136	277,019	288,523
Current Income Taxes Payable	3,378,000	2,368,000	2,769,000	2,869,225	7,630,901	2,152,104
Other Current Liabilities	14,106,000	6,544,000	6,791,000	8,040,616	8,766,238	5,763,119
Total Current Liabilities	45,179,000	34,514,000	39,634,000	43,563,377	56,782,338	30,248,731
Long-Term Debt	94,703,000	98,443,000	108,026,000	89,225,019	92,000,929	84,978,069
Long-Term Leases	1,214,000	677,000	651,000	1,040,500	935,327	876,576
Pension & Post-Retirement Benefits	10,865,000	10,472,000	14,008,000	15,213,509	10,211,542	9,082,792
Long-Term Deferred Tax Liabilities	11,880,000	11,910,000	11,996,000	11,118,876	11,872,451	10,850,463
Other Long-Term Liabilities	18,964,000	18,875,000	17,053,000	19,020,503	15,479,870	15,806,213
Total Liabilities	182,805,000	174,891,000	191,368,000	179,181,784	187,282,457	151,842,844
Common Stock	25,040,000	25,040,000	25,040,000	25,040,067	25,040,067	25,040,067
Additional Paid-In Capital	6,608,000	6,608,000	6,608,000	6,607,699	6,607,699	6,607,699
Retained Earnings	38,667,000	40,755,000	40,525,000	38,519,841	43,839,949	25,483,887
Comprehensive Income & Other	9,431,000	11,357,000	11,524,000	8,224,452	15,546,989	11,357,894
Total Common Equity	79,746,000	83,760,000	83,697,000	78,392,059	91,034,704	68,489,547
Minority Interest	25,053,000	25,486,000	26,279,000	24,706,745	28,052,346	22,094,225
Shareholders' Equity	104,799,000	109,246,000	109,976,000	103,098,804	119,087,050	90,583,772
Total Liabilities & Equity	287,604,000	284,137,000	301,344,000	282,280,588	306,369,507	242,426,616
Total Debt	108,124,000	109,200,000	119,965,000	105,815,527	115,134,839	95,060,928
Net Cash (Debt)	-94,332,000	-96,668,000	-105,060,000	-91,618,484	-98,571,654	-78,883,872
Net Cash Per Share	-2294.25	-2351.06	-2555.17	-2228.26	-2397.36	-1918.54
Filing Date Shares Outstanding	41,117	41,117	41,117	41,117	41,117	41,117
Total Common Shares Outstanding	41,117	41,117	41,117	41,117	41,117	41,117
Working Capital	11,685,000	18,931,000	21,008,000	25,051,729	20,494,507	21,447,016
Book Value Per Share	1939.50	2037.13	2035.60	1906.57	2214.06	1665.74
Tangible Book Value	61,524,000	65,128,000	62,379,000	59,071,059	67,778,462	48,294,707
Tangible Book Value Per Share	1496.33	1583.98	1517.12	1436.67	1648.44	1174.58
Land	4,795,000	4,843,000	5,137,000	4,832,650	5,199,069	4,800,297
Buildings	19,881,000	19,923,000	19,528,000	16,668,026	15,354,065	9,660,227
Machinery	61,541,000	62,112,000	63,139,000	54,852,955	62,763,108	57,452,843
Construction In Progress	18,518,000	17,533,000	18,274,000	15,490,281	13,432,616	10,566,114