Xalg Insurance gets 25% rise in liabilities

Xalg Insurance gets 25% rise in liabilities
# 31 March 2017 09:18 (UTC +04:00)

In 2016 Xalg Insurance OJSC’s assets rose 4.1% to AZN 54,139,202.

 

Company says the long-term assets made up AZN 6,700,115, short-term assets AZN 47,439,087.

 

Liabilities dropped 25.47% to AZN 9,380,536, including long-term liabilities amounted to AZN 9,380,536, short-term liabilities to AZN 15,606.

 

Authorized capital increased 21.14% to AZN 39,388,000. Total capital grew 13.53% to AZN 44,758,666.

 

Incomes stood at AZN 18,256,763.63, expenditures at AZN 11,584,233, net profit at AZN 6,672,530.56.

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