Azerloterey Published Financial Report for 2008
OREANDA-NEWS. August 18, 2009. The Azerbaijani national lottery operator Azerlotereya OJSC published financial reporting for 2008.
The auditor conclusion on activity of OJSC reports that income of the operator for last year made AZN28 million and formed from revenue from sale of lottery tickets (AZN 28 million) and cheques with a prize as an automobile (AZN 14,160).
Last year OJSC realized 25.982 million of lottery tickets on four types of draw and its lottery fund made AZN 16.496 million.
Following 2008, its income totaled AZN 1.68 million. At the same time, creditor debts of the operator exceeded its income by 2.3 times and made AZN 3.9 million.
Creditor debts also exceeded its money assets which following 2008 totaled AZN 3.361 million.
Total assets of OJSC made AZN 5.608 million and charted capital – AZN 20,000.
Following 2008 an exchange rate totaled AZN 0.801 for 1 US dollar.
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