Azerenergy ends 2015 on loss
Liabilities soared 7.16% to AZN 3.5 bln. Long-term liabilities amounted to AZN 2, short-term liabilities to AZN 1.5. AZN 1.659 bln of long-term liabilities was loans and long-term part of borrowings, AZN 234.677 mln state subsidies. AZN 725.012 mln of short-term liabilities was loans and short-term part of boirrowings, AZN 482.049 mln trade and other payables.
Authorized capital remained unchanged at AZN 1,760,495,000. Total capital dropped 67.19% to AZN 759.234 mln.
Total loss amounted to AZN 1,550,428,000, loss on 2015’s results – to AZN 870.530 mln.