Capital of Azerbaijani investment company Uni Capital significantly grows
BAKU, Azerbaijan, Aug.8
By Eldar Janashvili - Trend:
The aggregate liabilities of one of the leaders of the Azerbaijani investment market, Uni Capital, increased by 69.5 percent year-on-year at the end of 2019, Trend reports citing the audited annual financial report of the company.
According to the report, total liabilities increased by 1.8 million manat ($1.05 million), reaching 4.40 million manat ($2.58 million).
In the structure of assets, the largest part, about 62.8 percent, is occupied by liabilities to clients, the volume of which amounted to 4.38 million manat ($2.57 million), which is 73 percent more than in 2018.
Lease obligations amounted to 8,500 manat ($5,000). Other accounts payable amounted to slightly more than 20,860 manat ($12,270) - 1.8 times more than a year earlier.
The total capital of the company amounted to 1.43 million manat ($841,176), while a year earlier it amounted to 1.03 million manat ($605,882). The share capital of Uni Capital has not changed and amounted to 300,000 manat ($176,470). Retained earnings increased by 53 percent and amounted to 1.13 million manat ($664,705).
(1 USD = 1.7 manat on Aug.8)
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