Gala Life Insurance ends 2016 on profit

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# 08:38
13 April 2017

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

 

Company says the short-term assets made up AZN 39,097,487, long-term assets AZN 16,607,254.

 

Authorized capital increased 70.55% to AZN AZN 12,087,000. Total capital grew AZN 43.9% to AZN 17,720,860.

 

Liabilities declined 8.2% to AZN 27,984,529. Long-term liabilities amounted to AZN 27,446,043, short-term liabilities to AZN 538,487.

 

Net profit stood at AZN 2,589,472.01.

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