Cash expenditures and revenues rose last year in proportion

Total receipts of cash to banks in January-December 2012 amounted to 32.412 billion manat, which is 30% more compared to the same period last year. The largest share was provided for sale of foreign currency - 33%. The share of sales had 16.4% of income on loans - 8.1%, revenues from ATMs - 4.8%, revenues from services and work - 4.1% of income on deposit accounts - 4%, revenues for notary account when buying property - 3.8%, etc.

According to the Central Bank of Azerbaijan, the shortage of cash turnover amounted to 2128 million manat (AZN 1,174 mln for December). Thus, the cost of cash for the twelve months of last year amounted to 34.541 billion manat. This is 29.3% more than in January-December 2011. Of the total expenditure amounted to 29.7% of the cost of purchasing goods and services, 26% - the cost of ATM cash collateral, 10.3% - the cost of buying foreign currency, 5.9% - mortgage payments, 4.6% - expenses with notary accounts for property transactions, 3.2% - payments from deposit accounts, etc.

Issue of cash in the period amounted to 2119 million manat, which corresponds to about 6.1% of spending cash in the meantime.

The average size of the daily cash receipts in January-December amounted to 88.557 million manat, expenses - 94.373 million manat. - 15B -