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10:32 23 October
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Azersu ends 2016 on loss

As of December 31, 2016 Azersu OJSC’s assets stood at AZN 608.345 million, down 6.87% from previous year.

According to consolidated financial statement of Azersu OJSC, the liabilities rose 1.94% to AZN 970.125 million. Of this, AZN 386.793 million was long-term, AZN 583.332 million – short-term liabilities. AZN 875.904 million of the liabilities was payables.

 

Authorized capital amounts to AZN 400 million.

 

The OJSC ended 2016 on loss of AZN 612.921 million. Operating loss accounted for AZN 611.804 million, pretax loss – AZN 612.644 million.

 

Revenues from sale stood at AZN 159.837 million.

 

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