Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 197

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 197
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942 Securities purchased under reverse repurchase agreements51,685 134,961 Petty cash in bank vault and on hand42,777 22,613 Short term deposits on brokerage accounts12,156 2,917 Short term deposits in stock exchanges9,301 47,830 Short term deposits in National Bank (Tajikistan)8,367 — Overnight deposits4,024 3,557 Cash in transit2,208 9,633 Bank deposits275 — Short term deposits in the Central Depository (Kazakhstan)152 42 Allowance for cash and cash equivalents(342)(462)Total cash and cash equivalents$577,940 $545,084 

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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)

As of December 31, 2024, and March 31, 2024, total cash and cash equivalents included short-term collateralized securities received under reverse repurchase agreements which the Group concludes mainly on the KASE. The KASE, in turn, guarantees payments to the counterparty. The terms of the short-term collateralized securities received under reverse repurchase agreements as of December 31, 2024, and March 31, 2024 are presented below:December 31, 2024Interest rates and remaining contractual maturity of the agreementsAverage interest rate Up to 30 daysTotalSecurities purchased under reverse repurchase agreements  Corporate equity13.88 %38,605 38,605 Corporate debt8.04 %6,421 6,421 Non-US sovereign debt4.17 %2,674 $2,674 Exchange Traded Notes7.76 %2,551 2,551 US sovereign debt3.25 %1,434 1,434 Total$51,685 $51,685 March 31, 2024 Interest rates and remaining contractual maturity of the agreementsAverage interest rate Up to 30 daysTotalSecurities purchased under reverse repurchase agreements Corporate equity14.57 %$96,647 $96,647 US sovereign debt4.77 %16,885 16,885 Non-US sovereign debt4.45 %12,468 12,468 Corporate