BTCPA ends 2014 with AZN 1.3 mln-profit

BTCPA ends 2014 with AZN 1.3 mln-profit
# 13 July 2015 11:22 (UTC +04:00)

Baku. Vusal Nabiyev – APA-Economics. In 2014, assets of the Baku Telephone Communications Production Association (BTCPA) rose 0.9% to AZN 159.169 mln compared to 2013.

According to BTCPA, AZN 97.898 mln of the assets made long-term assets, AZN 61.271 mln – short-ter.

Authorized capital soared 2.8 times to AZN 16,445,318, total capital surged 19.1% to AZN 77,406,634.

Moreover, liabilities fell 12.6% to AZN 81.763 mln (AZN 51.916 mln – long-term liabilities, AZN 76.751 mln – short-term).

BTCPA ended 2014 with the profit of AZN 1,338,000.

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