Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 44

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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,082)— Cash and cash equivalents received from acquisition of Astel Group Ltd7,678 — 

6

Table of contentsFREEDOM HOLDING CORPCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)(All amounts in thousands of United States dollars, unless otherwise stated)

Prepayment on acquisitions— (10,488)Net cash flows used in investing activities(505,516)(94,685)Cash Flows From Financing ActivitiesNet repayment of securities repurchase agreement obligations(308,030)(54,912)Proceeds from issuance of debt securities199,204 — Repurchase of debt securities— (29)Net change in bank customer deposits196,178 293,411 Repurchase of mortgage loans under the State Program(12,952)(13,001)Funds received under state program for financing of mortgage loans16,223 20,453 Net proceeds from/(repayment of) loans received32,758 (388)Net cash flows from financing activities123,381 245,534 Effect of changes in foreign exchange rates on cash and cash equivalents(74,207)(114,815)Effect of expected credit losses on cash and cash equivalents and restricted cash(393)367 NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH24,096 890,467 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD1,644,770 1,007,721 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD$1,668,866 $1,898,188 

For The Three Months Ended June 30,20252024Supplemental disclosure of cash flow information:Cash paid for interest$109,947 $142,595 Income tax paid$8,767 $819 Supplemental non-cash disclosures:Operating lease right-of-use assets obtained/disposed of in exchange for operating lease obligations during the period, net$3,085 $1,855 

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows:

June 30, 2025June 30, 2024Cash and cash equivalents$567,