16:53 - 6.05.2022

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May 6, Fineko/abc.az. Losses of wine-maker Goyçay Şərab reached AZN 1.236 million by the end of 2021 (51.1% more versus 2020).

ABC.AZ reports with reference to Interfax-Azerbaijan that according to company's financial statements for 2021, the main operating income totaled AZN 7.375 million (a rise of 8.4-fold) and the cost of sales AZN 8.7 million (a rise of 5.1-fold).

According to the financial statements, Göyçay Şərab’s assets as of 1 January 2022 amount to AZN 16.189 million (decline of 18.5%). At the end of 2021, short-term assets total AZN 10.805 million and long-term assets AZN 5.38 million. In the structure of short-term assets, the main volume accounted for accounts receivable – AZN 6.6 million (a 3-fold rise).

Company's capital as of 1 January 2022 is AZN 80,947 (20-fold decline). At that, the authorized capital reaches AZN 46,248 (unchanged), the total retained earnings AZN 34,699 (decline of 45.4-fold).

Company's liabilities at the beginning of this year amount to AZN 16.108 million (decline of 11.7%), including short-term liabilities for AZN 12.76 million and long-term ones for AZN 3.345 million.