Bank Of Baku

Azerbaijan Railways earns $ 20 mln in 2011

Azerbaijan Railways earns $ 20 mln in 2011
# 11 January 2012 14:55 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. In 2011, Azerbaijan Railways’ total incomes made AZN 193 mln, expenditures – AZN 177 mln, profit – AZN 16 mln, said the chairman Arif Asgerov.

According to him, the AZN 172 mln of incomes came from cargo transportations, AZN 21 mln- from passenger transportations.

AZN 62 mln of expenditures went to salaries, AZN 13 mln – to State Social Protection Fund, AZN 13 mln – to payment of different type of taxes estimated for state budget, AZN 36 mln – to electric energy, fuel and water fees, AZN 36 mln – to materials and AZN 17 mln – to other costs.
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