Azsigorta ends 2016 on profit

Azsigorta ends 2016 on profit
  • Clock-gray 08:40
  • calendar-gray 06 April 2017

In 2016 Azerbaijan Industry Insurance OJSC’s assets dropped 0.41% to AZN 60,464,968.

 

Company says the liabilities increased 20.4% to AZN 27,025,783.03. Long-term liabilities amounted to AZN 52,512,387, short-term liabilities to AZN 7,952,580.

 

Authorized capital remained unchanged at AZN 20,000,000. Total capital fell 12.61% to AZN 33,439,184.52.13.

 

 

Incomes stood at AZN 28,843,817, expenditures at AZN 25,969,669 and net profit at AZN 2,299,318.

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