| Cash and Cash Equivalents |
| |
|
March 31,
2020
|
|
|
March 31,
2019
|
|
| |
|
|
|
|
|
|
| Accounts with stock exchange |
|
$ |
14,904 |
|
|
$ |
10,507 |
|
| Current account with commercial banks |
|
|
14,462 |
|
|
|
6,656 |
|
| Securities purchased under reverse repurchase agreements |
|
|
9,645 |
|
|
|
7,887 |
|
| Petty cash in bank vault and on hand |
|
|
8,981 |
|
|
|
2,674 |
|
| Current account in clearing organizations |
|
|
6,590 |
|
|
|
5,887 |
|
| Current accounts with brokers |
|
|
4,051 |
|
|
|
10,220 |
|
| Current account with Central Bank (Russia) |
|
|
2,726 |
|
|
|
2,161 |
|
| Current account with National Settlement Depository (Russia) |
|
|
1,348 |
|
|
|
1,275 |
|
| Current account with Central Depository (Kazakhstan) |
|
|
501 |
|
|
|
2,693 |
|
| Total cash and cash equivalents |
|
$ |
63,208 |
|
|
$ |
49,960 |
|
As of March 31, 2020, and March 31, 2019, with the exception of funds
deposited with a bank in the United States which may qualify for FDIC insurance up to $250,000, cash and cash equivalents were
not insured. As of March 31, 2020 and March 31, 2019, the cash and cash equivalents balance included collateralized securities
received under reverse repurchase agreements on the terms presented below:
| |
|
March 31, 2020 |
|
| |
|
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 |
|
|
14.08 |
% |
|
$ |
9,212 |
|
|
$ |
15 |
|
|
$ |
9,227 |
|
| Corporate debt |
|
|
14.25 |
% |
|
|
108 |
|
|
|
- |
|
|
|
108 |
|
| Non-US sovereign debt |
|
|
17.18 |
% |
|
|
53 |
|
|
|
257 |
|
|
|
310 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
|
|
$ |
9,373 |
|
|
$ |
272 |
|
|
$ |
9,645 |
|
| |
|
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-US 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 March 31, 2020 and March 31, 2019, was $10,272 and $8,472, respectively.
|