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Azeristiliktechizat’s loss exceeds AZN 117M

As of December 31, 2016 Azeristiliktechizat OJSC’s assets stood at AZN 191,137,963, down 0.3% from previous year, said the audit statement of the OJSC.

Of this, AZN 163,502,519 are long-term assets, AZN 27,635,444 – short-term.

 

The liabilities rose 20% to AZN 87,806,181, short-term payables grew 20.98% to AZN 86,430,086, tax burden or other debts increased 20.65% to AZN 1,376,095.

 

Authorized capital remained unchanged at AZN 19.266 million, capital reserves made up AZN 201,348,848. Loss reached AZN 117,283,066, while it was AZN 96,466,926 last year. 

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