| Cash and Cash Equivalents |
| |
|
December 31,
2018
|
|
|
March 31,
2018
(Recast)
|
|
| |
|
|
|
|
|
|
| Securities purchased under reverse repurchase agreements |
|
$ |
11,466 |
|
|
$ |
27,389 |
|
| Current accounts with brokers |
|
|
12,090 |
|
|
|
22,749 |
|
| Current accounts with commercial banks |
|
|
4,148 |
|
|
|
9,032 |
|
| Current account with Central Bank (Russia) |
|
|
3,151 |
|
|
|
980 |
|
| Current account with Central Depository (Kazakhstan) |
|
|
2,564 |
|
|
|
1,280 |
|
| Current account with National Settlement Depository (Russia) |
|
|
2,432 |
|
|
|
1,244 |
|
| Petty cash in bank vault and on hand |
|
|
2,091 |
|
|
|
2,712 |
|
| Accounts with stock exchanges |
|
|
1,882 |
|
|
|
214 |
|
| Current accounts in clearing organizations |
|
|
1,601 |
|
|
|
131 |
|
| Total cash and cash equivalents |
|
$ |
41,425 |
|
|
$ |
65,731 |
|
As of December 31, 2018 and March 31, 2018, cash and cash equivalents
were not insured.
As of December 31, 2018 and March 31, 2018, the cash and cash equivalents balance included collateralized securities
received under reverse repurchase agreements on the terms presented below:
| |
|
December 31, 2018 |
|
| |
|
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 |
|
|
10.16 |
% |
|
$ |
7,960 |
|
|
$ |
791 |
|
|
$ |
8,751 |
|
| Corporate debt |
|
|
14.00 |
% |
|
|
115 |
|
|
|
- |
|
|
|
115 |
|
| Non-US sovereign debt |
|
|
8.25 |
% |
|
|
2,600 |
|
|
|
- |
|
|
|
2,600 |
|
| Total |
|
|
|
|
|
$ |
10,675 |
|
|
$ |
791 |
|
|
$ |
11,466 |
|
| |
|
March 31, 2018 (Recast) |
|
| |
|
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 |
|
|
14.99 |
% |
|
$ |
11,095 |
|
|
$ |
15,572 |
|
|
$ |
26,667 |
|
| Corporate debt |
|
|
14.96 |
% |
|
|
521 |
|
|
|
201 |
|
|
|
722 |
|
| Total |
|
|
|
|
|
$ |
11,616 |
|
|
$ |
15,773 |
|
|
$ |
27,389 |
|
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, 2018 and March 31, 2018, was $13,246 and $28,311,
respectively. For additional information please see Note 10 – Securities sold, not yet purchased – at fair value.
|