AzRe Reinsurance gets drop in assets

AzRe Reinsurance gets drop in assets
  • Clock-gray 08:27
  • calendar-gray 28 March 2018

In 2017, AzRe Reinsurance OJSC’s assets declined 1.38% to AZN 102,166,577.59.

 

Company says the long-term assets made up AZN 38,599,230.12, short-term assets AZN 63,567,347.47.

 

Liabilities declined 13.32% to AZN 24,824,049.68, including long-term liabilities amounted to AZN 24,578,061.55, short-term liabilities to AZN 245,988.13.

 

Authorized capital remained unchanged at AZN 50,000,000. Total capital grew 2.45% to AZN 77,342,527.91.

 

Incomes stood at AZN 54,637,551.79, expenditures at AZN 28,825,720.52.

 

The company ended 2017 on net profit of AZN 25,811,831.27. 

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