Quarterly report pursuant to Section 13 or 15(d)

STATUTORY CAPITAL REQUIREMENTS (Tables)

v3.24.3
STATUTORY CAPITAL REQUIREMENTS (Tables)
 6 Months Ended
Sep. 30, 2024
Broker-Dealer [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of September 30, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom Bank KZ
Banking
 $ 328,142  $ 174,887  $ 153,255  $ 235,976 
Freedom EU Brokerage 269,027  10,971  258,056  367,702 
Freedom KZ Brokerage 103,039  384  102,655  138,805 
Freedom Global Brokerage 67,277  22,325  44,952  143,695 
Freedom Life Life Insurance 44,614  11,509  33,105  75,193 
Freedom Insurance Property and Casual Insurance 44,451  11,509  32,942  39,278 
Freedom Armenia ("Freedom AR") Brokerage 22,927  781  22,146  22,015 
Other regulated operating subsidiaries Other 11,034  159 10,875  (18,426)
$ 890,511  $ 232,525  $ 657,986  $ 1,004,238 
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom Bank KZ
Banking
 $ 329,738  $ 196,594  $ 133,144  $ 193,376 
Freedom EU Brokerage 269,424  10,868  258,556  319,484 
Freedom KZ Brokerage 107,064  413  106,651  122,416 
Freedom Life Life Insurance 50,757  12,395  38,362  57,085 
Freedom Insurance Property and Casual Insurance 30,011  12,395  17,616  19,773 
Freedom Global Brokerage 16,428  12,352  4,076  117,468 
Freedom Armenia ("Freedom AR") Brokerage 7,317  763  6,554  6,447 
Other regulated operating subsidiaries Other 8,533  155 8,378  (11,665)
$ 819,272  $ 245,935  $ 573,337  $ 824,384