YEREVAN, MAY 22, NOYAN TAPAN. Production of 23 out of the 29 films made at Hayfilm and Hayk state film studios in 2001-2005 was finished in 2005. The production of the remaining 6 incompleted films is in progress at Hayfilm, and it is envisaged to complete this process this year. According to the RA National Statistical Service, the total production cost of the completed films makes 381.4 mln drams (abouit 854 thousand USD). 65.9% of the total production costs or 251.3 mln drams was incurred in 2005. The revenues of the above mentioned film studios in 2005 amounted to 552.4 mln drams, 480.2 mln drams of which was received from the RA state budget. The total financial expenditures of the two film studios made 551.1 mln drams.

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