Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 72

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 repurchase agreement transactions were executed on the KASE.

17

Table of ContentsFREEDOM HOLDING CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

NOTE 4 – RESTRICTED CASH

As of December 31, 2024, and March 31, 2024, restricted cash consisted of the following: December 31, 2024March 31, 2024 Brokerage customers’ cash$648,970 $366,260 Guaranty deposits93,796 97,052 Restricted bank accounts7,836 8,079 Due from banks6,421 6,374 Deferred distribution payment23 23 Allowance for restricted cash(14,893)(15,151)Total restricted cash$742,153 $462,637 As of December 31, 2024, and March 31, 2024, part of the Group’s restricted cash was segregated in a special custody account for the exclusive benefit of the relevant brokerage customers.

NOTE 5 – TRADING AND AVAILABLE-FOR-SALE SECURITIES AT FAIR VALUE 

As of December 31, 2024, and March 31, 2024, trading and available-for-sale securities consisted of the following: December 31, 2024March 31, 2024 Non-U.S. sovereign debt$2,420,650 $2,409,126 Corporate debt793,240 1,108,870 Corporate equity118,823 126,103 U.S. sovereign debt73,363 43,173 Exchange traded notes9,441 1,348 Total trading securities$3,415,517 $3,688,620 December 31, 2024March 31, 2024Non-U.S. sovereign debt$217,102 $27,016 Corporate debt180,272 173,568 U.S. sovereign debt21,240 16,037 Total available-for-sale securities, at fair value$418,614 $216,621 The following tables present maturity analysis for available-for-sale securities as of December 31, 2024, and March 31, 2024:

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Table of ContentsFREEDOM HOLDING CORP.NOTES TO CONDENSED CONS