Silk Way Insurance gets drop in assets

Silk Way Insurance gets drop in assets
# 27 March 2018 15:38 (UTC +04:00)

In 2017, Silk Way Insurance OJSC’s assets declined 7.99% to AZN 36,756,256.23.

Company says the long-term assets made up AZN 1,278,895, short-term assets AZN 35,477,360.

Liabilities declined 35.97% to AZN 9,960,736, including long-term liabilities amounted to AZN 9,950,247, short-term liabilities to AZN 10,488.

Authorized capital remained unchanged at AZN 14,770,000. Total capital grew 9.84% to AZN 26,795,519.

Incomes stood at AZN 21,039,683.05, expenditures at AZN 18,034,687.75

The company ended 2017 on profit of AZN 3,004,995.30.

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