BAKU, Azerbaijan, Oct. 15
By Maryana Akhmedova – Trend:
The assets of non-financial corporations in Georgia in 2020 amounted to 94.5 billion Georgian lari ($29.9 billion), of which 4.7 percent was in foreign currency, Trend reports, citing National Statistics Office (Geostat).
According to the report, the volume of financial assets from the total financial assets amounted to 20.9 billion Georgian lari ($6.6 billion), compared to 15.9 billion Georgian lari ($5 billion) in 2019.
The volume of short-term assets from the total number of financial assets by the end of 2020 was 3.4 billion Georgian lari ($1 billion), Geostat said.
Liabilities of non-financial corporations in 2020 amounted to 54.5 billion Georgian lari ($17.2 billion), of which short-term liabilities amounted to 14.4 billion Georgian lari ($4.5 billion), the report said.
According to Geostat, liabilities in foreign currency of total obligations in 2020 amounted to 13.7 billion Georgian lari ($4.3 billion).
The total debt to non-residents (Foreign Debt) in 2020 amounted to 8 billion Georgian lari ($2.5 billion).
The value of financial derivatives was 29.4 million Georgian lari ($9.3 billion), and the volume of capital and reserves by the end of 2020 amounted to 40 billion Georgian lari ($12.6 billion).
Interest expenses of non-financial corporations in 2020 amounted to 2 billion Georgian lari ($633.5 million) and the total income was 8.3 billion Georgian lari ($2.6 billion), Geostat reports.
The expenditures on debt service amounted to 7.3 billion Georgian lari ($2.3 billion). From this debt service only by the interest rate totaled 1 billion Georgian lari ($316.7 million), debt service provided by loans from individuals – 58.4 million Georgian lari ($18.4 million), and debt service provided by other non-financial corporations – 443.3 million Georgian lari ($140.4 million), the report said.
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