SOCAR’s Budget Payments for February 2017

Source: www.gulfoilandgas.com 3/9/2017, Location: Asia

SOCAR paid AZN 134 million 471 thousand to the State Budget for February of the current year that is AZN 36 million 271 thousand (136,9%) more than the same period of 2016. In general, for January-February 2017, SOCAR transferred AZN 262 million 658 thousand (AZN 46 million 776 thousand or 121,7% more than the same period of 2016) to the State Budget.

Besides, the Company’s payment to the State Social Protection Fund amounted AZN 12 million 656 thousand in February that is AZN 1 million 734 thousand (115,9%) more than the payments for the same term in 2016. As a whole, the January-February payments to State Social Protection Fund totaled AZN 25 million 163 thousand (AZN 4 million 113 thousand or 119,5% more than the same period of 2016).


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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