| Cash and Cash Equivalents |
Cash and cash equivalents consist of the following:
| |
|
December 31,
2019
|
|
|
March 31,
2019
|
|
| |
|
|
|
|
|
|
| Securities purchased under reverse repurchase agreements |
|
$ |
21,578 |
|
|
$ |
7,887 |
|
| Accounts with stock exchanges |
|
|
21,062 |
|
|
|
10,507 |
|
| Current accounts with commercial banks |
|
|
17,689 |
|
|
|
6,656 |
|
| Current accounts in clearing organizations |
|
|
14,088 |
|
|
|
5,887 |
|
| Petty cash in bank vault and on hand |
|
|
6,802 |
|
|
|
2,674 |
|
| Current account with Central Bank (Russia) |
|
|
5,948 |
|
|
|
2,161 |
|
| Current account with Central Depository (Kazakhstan) |
|
|
2,834 |
|
|
|
2,693 |
|
| Current accounts with brokers |
|
|
1,862 |
|
|
|
10,220 |
|
| Current account with National Settlement Depository (Russia) |
|
|
1,790 |
|
|
|
1,275 |
|
| Total cash and cash equivalents |
|
$ |
93,653 |
|
|
$ |
49,960 |
|
As of December 31, 2019 and March 31, 2019, cash and cash equivalents
were not insured.
As of December 31, 2019 and March 31, 2019, the cash and cash equivalents
balance included collateralized securities received under reverse repurchase agreements on the terms presented below:
| |
|
December 31, 2019 |
|
| |
|
Interest rates and remaining contractual maturity of the agreements |
|
| |
|
Average Interest rate |
|
|
Up to 30 days |
|
|
30-90 days |
|
|
Total
|
|
|
Securities purchased under reverse
repurchase agreements
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate equity |
|
|
12.95 |
% |
|
$ |
20,006 |
|
|
$ |
- |
|
|
$ |
20,006 |
|
| Non-US sovereign debt |
|
|
9.96 |
% |
|
|
1,336 |
|
|
|
- |
|
|
|
1,336 |
|
| Corporate debt |
|
|
10.50 |
% |
|
|
236 |
|
|
|
- |
|
|
|
236 |
|
| Total |
|
|
|
|
|
$ |
21,578 |
|
|
$ |
- |
|
|
$ |
21,578 |
|
| |
|
March 31, 2019 |
|
| |
|
Interest rates and remaining contractual maturity of the agreements |
|
| |
|
Average Interest rate |
|
|
Up to 30 days |
|
|
30-90 days |
|
|
Total
|
|
|
Securities purchased under reverse
repurchase agreements
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate equity |
|
|
11.90 |
% |
|
$ |
4,328 |
|
|
$ |
804 |
|
|
$ |
5,132 |
|
| Corporate debt |
|
|
14.00 |
% |
|
|
120 |
|
|
|
- |
|
|
|
120 |
|
| Non-U.S. sovereign debt |
|
|
8.25 |
% |
|
|
2,635 |
|
|
|
- |
|
|
|
2,635 |
|
| Total |
|
|
|
|
|
$ |
7,083 |
|
|
$ |
804 |
|
|
$ |
7,887 |
|
The securities received by the Company as collateral under reverse
repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral
received by the Company under reverse repurchase agreements as of December 31, 2019 and March 31, 2019, was $23,600
and $8,472, respectively.
|