Bank Of Baku

SOCAR gets 8% rise in assets year-on-year

SOCAR gets 8% rise in assets year-on-year
# 30 July 2012 08:28 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. State Oil Company of Azerbaijan’s total assets rose 8.2% to AZN 16.959 bln at the end of 2011, said the Ernst&Young Company in the judgement on financial statements of SOCAR for 2011.

According to statement, current assets in 2011 soared 2.4% to AZN 4.929 bln. About long-term assets, these assets surged 10.7% to AZN 12.031 bln.

Along with this, SOCAR capital made AZN 9.249 bln, up 13.3% from year earlier. Authorized capital grew 67.4% to AZN 1.059 bln. Shareholders’ capital increased by 14.2% to AZN 8.516 bln. Non-control equity went up 4% to AZ 732.229 mln.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED