Freedom Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Goodwill

Balance as of March 31, 2020		$	2,607

Acquisition of Freedom Bank KZ			1,928
Acquisition of Prime Executions			1,514
Acquisition of Zerich			45
Foreign currency translation			108

Balance as of December 31, 2020		$	6,202

Schedule of Statements of Other Comprehensive Income reclassifications:

		For the nine months ended December 31, 2019
STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (as reclassified)		As previously reported				Reclassified				As reclassified

*Expense:*
Interest expense		$	9,976				(1,362	)		$	8,614
Fee and commission expense			14,068				-				14,068
Operating expense			43,214				1,362				44,576
Recovery of impairment losses			(1,316	)			-				(1,316	)
Other expense, net			675				-				675

TOTAL EXPENSE		$	66,617				-			$	66,617