AtaSigorta sees 8% decline in assets

AtaSigorta sees 8% decline in assets
  • Clock-gray 08:30
  • calendar-gray 15 March 2018

Azerbaijan-based insurer AtaSigorta’s assets decreased by AZN 2,531,206 or 7.85% to AZN 29,700,931.

 

According to the company, the long-term assets made up AZN 2,615,365, short-term assets – AZN 27,085,565.

 

Authorized capital remained unchanged at AZN 12,400,000, total capital declined AZN 262,416 or 1.56% to AZN 16,517,210.

 

Liabilities dropped AZN 2,268,789 or 14.68% to AZN 13,183,721, including long-term liabilities stood at AZN 13,181,883, short-term liabilities at AZN 1,837.89.

 

Revenues amounted to AZN 17,205,586, expenditures to AZN 16,148,721.

 

The company ended 2017 on profit of AZN 1,056,866. 

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