Annual report pursuant to Section 13 and 15(d)

NET (LOSS)/GAIN ON DERIVATIVES

v3.23.2
NET (LOSS)/GAIN ON DERIVATIVES
 12 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
NET (LOSS)/GAIN ON DERIVATIVES NET (LOSS)/GAIN ON DERIVATIVES
For years ended March 31, 2023, 2022 and 2021, net (loss)/gain on derivatives included the following:
Year ended
March 31, 2023
Year ended
March 31, 2022
Year ended
March 31, 2021
(Recasted) (Recasted)
Net realized (loss)/gain on derivatives (64,838) 946  86 
Net unrealized loss/(gain) on derivatives 12  —  — 
Total net (loss)/gain on derivatives $ (64,826) $ 946  $ 86 
During the year ended March 31, 2023, Freedom Bank KZ realized loss on derivatives in the amount of $65,303 as a result of engaging in currency swaps mostly on the Kazakhstan Stock Exchange ("KASE") and Moscow Stock Exchange (“MOEX”).