Pasha Insurance gets rise in liabilities

Pasha Insurance gets rise in liabilities
# 29 March 2018 08:54 (UTC +04:00)

In 2017, Pasha Insurance OJSC’s assets increased by 13.3% to AZN 153,036,421.26.

Company says the long-term assets made up AZN 28,567,600.30, short-term assets AZN 124,468,820.97.

Liabilities increased by 30.25% to AZN 86,883,457.72, including long-term liabilities amounted to AZN 73,241,821.01, short-term liabilities to AZN 13,641,636.71.

Authorized capital remained unchanged at AZN 50,000,000. Total capital dropped 8.9% to AZN 66,152,963.54.

Incomes stood at AZN 111,697,061.93, expenditures at AZN 95,202,942.64.

The company ended 2017 on net profit of AZN 16,494,112.29.

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