SOCAR's total assets as of 2011 amounted to about $16.96 billion compared to about 15.68 billion in 2010, the consolidated report about SOCAR's financial activity in 2011, audited by Ernst & Young said. A report was published on the company's website on Saturday.
"About 4.93 billion manat fell to current assets, more than 12 billion manat for the long-term aasets," the report said.
According to the report, SOCAR's total capital as of 2011 amounted to 9.25 billion manat compared to 8.16 billion manat as of late 2010. SOCAR's authorized capital increased by 1.7 times - from 632.7 million manat to 1.059.3 billion manat in 2011.
