Ateshgah Life gets drop in assets

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# 08:29
5 April 2018

In 2017, Ateshgah Life OJSC’s assets declined 36.9% to AZN 55,791,638.

 

Company says the long-term assets made up AZN 5,457,578, short-term assets AZN 50,334,059.9.

 

Liabilities declined 42.49% to AZN 40,462,708, including long-term liabilities amounted to AZN 38,393,191, short-term liabilities to AZN 2,069,516.

 

Authorized capital remained unchanged at AZN 5,500,000. Total capital slid 13.99% to AZN 15,328,930.2.

 

Incomes stood at AZN 71,612,508.62, expenditures at AZN 65,622,428.25.

 

The company ended 2017 on net profit of AZN 4,792,064.30.

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