Gala Insurance ends 2016 on profit

Gala Insurance ends 2016 on profit
  • Clock-gray 15:44
  • calendar-gray 31 March 2017

In 2016 Gala Insurance OJSC’s assets rose 6.9% to AZN 45,704,740.

 

Company says the long-term assets made up AZN 16,607,254, short-term assets AZN 29,097,487.

 

Authorized capital increased 70.5% to AZN 12,870,000. Total capital grew 44.4% to AZN 17,720,210.86.

 

Liabilities declined 8.2% to AZN 27,984,529. Long-term liabilities amounted to AZN 27,446,043, short-term liabilities to AZN 538,486.72.

 

Incomes stood at AZN 40,003,988, expenditures at AZN 36,736,199, net profit at AZN 2,589,472.01.

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