In 2017, Societe de Courtage Insurance and Reinsurance broker’s assets declined 87.80% to AZN 1,428,972.57.
Company says the long-term assets made up AZN 25,144.30, short-term assets AZN 1,403,828.27.
Liabilities declined by 3.96-fold to AZN 1,132,594.49, including long-term liabilities amounted to AZN 1,131,274.10, short-term liabilities to AZN 1,320.39.
Authorized capital remained unchanged at AZN 155,783. Total capital fell 27.26% to AZN 296,378.08.
Incomes stood at AZN 333,723.09, expenditures at AZN 315,115.41.
The company ended 2017 on net profit of AZN 18,607.68.
Societe de Courtage was established in Geneva, Switzerland in 1972. The company operates branches in Russia, Azerbaijan and Kazakhstan.
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