Africa-Press – Angola. The business volume of the Angolan Debt and Securities Exchange (BODIVA), in 2024, was set at 5.1 billion kwanzas, a reduction of 27 percent compared to the previous year, which was 7 billion kwanzas, the president of the institution’s Executive Committee announced yesterday in Luanda.
Cristina Lourenc̀§o, who presented the Annual Report and Accounts, which was subject to consideration by the General Assembly, explained that the drop in turnover was due to the reduction in the stock exchange fee, resulting from the reduction in the volume of trading in the BODIVA markets, in the settlement commission, as well as in the maintenance fee for companies trading on the Stock Exchange market.
As for operating costs, the PCE reported that there was an increase of 16 percent, compared to 2023, mainly resulting from the change in the salary scale.
The operating result, she stressed, amounted to 1,249 million kwanzas, resulting from the reduction in operating revenue at the same time as there was a slight increase in operating costs.
The financial result in 2024 was 500 million kwanzas, generating a net result of 1,333 million kwanzas, a reduction of 57 percent compared to 2023.
Net assets amounted to 9,344 million kwanzas, a reduction of 3 percent compared to the previous period, with approximately 90 percent corresponding to current assets.”We are talking about accounts receivable, we are talking about cash and cash equivalents,” he said.
Regarding the composition of liabilities, this amounted to 1,453 million kwanzas, of which 99 percent corresponds to current liabilities.
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