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Assets of Azerbaijan’s National Nuclear Research Center down

ICT Materials 10 May 2017 19:58 (UTC +04:00)

Baku, Azerbaijan, May 10

By Huseyn Valiyev – Trend:

Assets of the National Center for Nuclear Research CJSC, operating under Azerbaijan’s Ministry of Transport, Communications and High Technologies, amounted to 7,193,964 manats in 2016, decreasing by 8.7 percent as compared to 2015, according to the Center’s report.

The Center’s assets totaled 7,881,925 manats in 2015.

In 2016, main part of the assets (98.6 percent or 7,096,707 manats) accounted for long-term assets, which decreased by 9 percent during the year.

The net profit of the Center amounted to 94,689 manats in 2016, 11.5 percent more than in 2015.

According to the report, the Center’s revenues totaled 8,850 manats in 2016, 6.7 percent less than in 2015.

During the period, the authorized capital of the Center remained unchanged and totaled 3 million manats. The aggregate capital decreased by 8.6 percent to 7,170,048 manats.

Total loss of the Center amounted to 1,690,474 manats in 2016, as compared to 1,379,547 manats in 2015.

These data are based on the results of an audit held by PricewaterhouseCoopers Audit Azerbaijan LLC.

(1.7026 manats = $1 on May 10)

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