Revan Insurance ends 2017 on loss

Revan Insurance ends 2017 on loss
  • Clock-gray 15:52
  • calendar-gray 27 March 2018

In 2017, Revan Insurance OJSC’s assets declined 12.39% to AZN 14,229,154.01.

 

Company says the long-term assets made up AZN 6,260,101.91, short-term assets AZN 7,969,052.

 

Liabilities declined 35.52% to AZN 1,729,931, including long-term liabilities amounted to AZN 1,663,645, short-term liabilities to AZN 66,285.

 

Authorized capital remained unchanged at AZN 8,900,071.20. Total capital slid AZN 7.81% to AZN 12,499,222.90.

 

Incomes stood at AZN 2,135,348.85, expenditures at AZN 3,176,636.11.

 

The company ended 2017 on loss of AZN 1,041,287.26. 

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