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Azerbaijani insurance company's assets up in 2009

Business Materials 31 March 2010 18:21 (UTC +04:00)

Azerbaijan, Baku, March 31 / Trend U. Ismayilova /

Assets of Azerbaijani Insurance Company Revan Sigorta hit $ 6.88 million manat and increased by 24.36 percent in 2009, auditing company Kompas Audit said.

Long-term assets of the company amounted to 182,900 manat, short-term - 6.7 million manat.

Paid authorized capital totaled 1.96 million manat last year.

Long-term liabilities of the company amounted to 3.78 million manat, short-term - 3,800 manat,.

Investment revenues were 342,200 manat.

The costs of the company in 2009 amounted to 1,22 million manat, including operating costs associated with insurance payments - 545,870 manat.

On March 31, the official exchange rate is 0.8034 manat to $1.

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