Azercell increases liabilities

Azercell increases liabilities
# 28 February 2018 10:09 (UTC +04:00)

In 2017 Azercell Telekom LLC’s assets decreased by 0.57% to AZN 916.352 million.

 

According to the company, the long-term assets stood at AZN 440.210 million, short-term assets at AZN 476.142 million, liabilities increased by 19.16% to AZN 87.614 million, including long-term liabilities amounted to AZN 4.610 million, short-term liabilities to AZN 83.004 million.

 

Authorized capital remained unchanged at AZN 42,080,000, total capital dropped 2.28% to AZN 828.738 million.

 

Revenues soared by 4.72% to AZN 411.441 million, expenditures by 21.11% to AZN 397.583 million.

 

The company ended 2017 on loss of AZN 19.357 million. 

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