Baku, Azerbaijan, April 3
By Abbas Akhundov -Trend:
Azerbaijani insurance company Atesgah's assets as of 2013 amounted to 26.96 million manat reducing by 14.3 percent compared to 31.46 million manat at the beginning of the year, according to the company's balance sheet.
The company's financial statements were audited by LBAudit Xidmeti.
The company's long-term assets as of late 2013 amounted to 5.36 million manat, short-term - 21.6 million manat.
The company accumulated 12.08 million manat in 2013. There is 3.91 million manat on the settlement account, while 8.14 million manat on the deposit accounts.
As of 2013, the company's paid authorized capital hit five million manat as in 2012.
The company's total capital as of late 2013 amounted to 7.34 million manat reducing by 3.65 percent compared to 2012.
The company's total liabilities amounted to 19.62 million manat, decreasing by 17.7 percent.
As of 2013, the company's revenues amounted to 43.1 million manat, expenses to 42.79 million manat. The company completed 2013 with a net profit of 182,390 manat.
Atesgah Sıgorta insurance company was established in late 1996. Atesgah insurance group includes Atesgah and Atesgah Heyat companies.
The official exchange rate is 0.7843 AZN/USD on April 3.
Translated by NH
Edited by CN
