Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2016, Xalg Insurance OJSC’s assets stood at AZN 51,581,738, down 0.83% from previous year.
Company says the long-term assets made AZN 1,336,718, short-term assets AZN 50,245,020.
Liabilities soared 2.3 times to AZN 28,935,324. Long-term liabilities amounted to AZN 28,910,507, short-term liabilities to AZN 24,818.
Authorized capital remained unchanged at AZN 32,516,000. Total capital dropped 42.5% to AZN 22,646,413.25.
The OJSC ended the first quarter on loss of 16,778,724.79.