Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 228

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 228
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2024 Year ended March 31, 2023 Net gain/(loss) recognized during the period on trading securities sold during the period $ 65,855 $ 38,125 $ (36,226) Net unrealized (loss)/gain recognized during the reporting period on trading securities still held at the reporting date (123,665) 95,729 107,310 Net (loss)/gain recognized during the period on trading securities $ (57,810) $ 133,854 $ 71,084 During the year ended March 31, 2025, the Group sold securities for a gain of $65,855 and recognized unrealized loss in the amount of $123,665. The principal factor contributing to the unrealized net loss is the decrease in prices of debt securities with the Ministry of Finance of the Republic of Kazakhstan. During the year ended March 31, 2024 the Group sold securities for a gain of $38,125 and recognized unrealized gain in the amount of $95,729. NOTE 20 - NET INTEREST INCOME/EXPENSE Net interest income/expense includes: Year ended March 31, 2025 Year ended March 31, 2024 Year ended March 31, 2023 Interest income: Interest income on trading securities $ 378,350 $ 426,428 $ 178,288 Interest income on margin loans to customers 212,360 175,571 34,558 Interest income on loans to customers 207,802 176,539 43,486 Interest income on available-for-sale securities 40,297 32,821 27,003 Interest income on reverse repurchase agreements and amounts due from banks 24,644 16,865 9,836 Interest income on held-to-maturity securities 1,000 — — Other interest income — — 1,524 Total interest income $ 864,453 $ 828,224 $ 294,695 Interest expense: Interest expense on securities repurchase agreement obligations $ 340,863 $ 402,665 $ 158,595 Interest expense on customer accounts and deposits 111,541 70,778 40,335 Interest expense on margin lending payable 45,748 16,990 6,635 Interest expense on debt securities issued 36,130 10,356 3,085 Interest expense on loans received 1,568 124 290 Other interest expense 45 198 7 Total interest expense $ 535,895 $