AFFA’s expenditure decreases relatively in 2013

Photo: AFFA’s expenditure decreases relatively in 2013 / Society

Baku, Azerbaijan, March 7

Expenditure by the Association of Football Federations of Azerbaijan (AFFA) has decreased relatively, head of Finance and Accounting Department AFFA Ali Javadov said on March 7 when presenting a financial report at the Association's report conference.

AFTA revenue amounted to 29,510,884 manat, while its expenditures were equal to 19,811,919 manat in 2013, according to Javadov.

The Association plans to ensure its expenditures is equal to 19,700,000 manat in 2014, the department head said.

Representative of Baku City Auditing Organisation Babak Mammadov stressed that AFFA's financial position is stable.

The Association's financial report was submitted for general voting at the conference and was afterwards adopted.

Translated by L.Z.

Edited by S.M.

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