Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 98

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 98
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 HOLDING CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

NOTE 17 - NET GAIN/(LOSS) ON DERIVATIVES 

Three months ended December 31, 2024Three months ended December 31, 2023Net realized gain/(loss) on derivatives$11,740 $(43,019)Net unrealized gain on derivatives149 451 Total net gain/(loss) on derivatives$11,889 $(42,568)Nine months ended December 31, 2024Nine months ended December 31, 2023Net realized gain/(loss) on derivatives$26,490 $(72,681)Net unrealized gain on derivatives4,201 886 Total net gain/(loss) on derivatives$30,691 $(71,795)

 NOTE 18 – RELATED PARTY TRANSACTIONS

42

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)

Related party transactions as of December 31, 2024 and March 31, 2024, consisted of the following:December 31, 2024March 31, 2024Related party balancesTotal category as per financial statements captionsRelated party balancesTotal category as per financial statements captionsASSETSCash and cash equivalents$50 $577,940 $203 $545,084 Companies controlled by management50 203 Restricted cash$3,198 $742,153 $— $462,637 Management1,924 — Companies controlled by management1,234 — Other40 — Trading securities$1,128 $3,415,517 $1,326 $3,688,620 Companies controlled by management1,128 1,326 Margin lending, brokerage and other receivables, net$22,391 $2,037,673 $22,039 $1,660,275 Management9,508 8,849 Companies controlled by management12,883 13,190 Loans issued$139,514 $1,454,259 $147,440 $1,381,715 Management335 117 Companies controlled