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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows (Used In)/From Operating Activities    
Net income $ 307,107 $ 90,160
Adjustments to reconcile net income (used in)/from operating activities:    
Depreciation and amortization 4,072 2,548
Noncash lease expense 6,152 4,502
Change in deferred taxes (4,400) 2,868
Stock compensation expense 11,283 1,090
Share based payment 0 517
Unrealized (gain)/loss on trading securities 3,639 (7,695)
Net change in accrued interest (23,170) (1,036)
Allowances for receivables 704 1,775
Changes in operating assets and liabilities:    
Lease liabilities (6,559) (4,870)
Trading securities (620,709) (114,807)
Brokerage and other receivables (236,841) 58,596
Loans purchased from microfinance organization (29,020) 0
Loans sold to microfinance organization 6,828 0
Loans issued (12,496) (1,129)
Other assets (11,649) (3,887)
Securities sold, not yet purchased – at fair value 5,959 9,078
Customer liabilities (20,404) 646,950
Current income tax liability 5,757 2,107
Trade payables 29,073 10,934
Other liabilities 2,594 1,253
Net cash flows (used in)/from operating activities (582,080) 698,954
Cash Flows (Used In)/From Investing Activities    
Purchase of fixed assets (6,557) (3,072)
Proceeds from sale of fixed assets 447 227
Proceeds from sale of available-for-sale securities, at fair value 0 6,437
Consideration paid for Zerich Capital Management 0 (7,110)
Consideration paid for Prime Executions 0 (2,500)
Consideration paid for Freedom Bank KZ 0 (53,097)
Cash, cash equivalents and restricted cash received from acquisitions 0 157,533
Net cash flows (used in)/from investing activities (6,110) 98,418
Cash Flows From Financing Activities    
Proceeds from securities repurchase agreement obligations 301,927 63,166
Proceeds from issuance of debt securities 46,850 3,554
Repurchase of debt securities (10,104) (8,186)
Proceeds from loans received 0 3,300
Exercise of options 119 118
Net cash flows from financing activities 338,792 61,952
Effect of changes in foreign exchange rates on cash and cash equivalents 10,593 3,787
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (238,805) 863,111
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 1,136,786 129,805
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 897,981 992,916
Supplemental non-cash disclosures:    
Cash and cash equivalents 493,263 624,572
Restricted cash 404,718 368,344
Total cash, cash equivalents and restricted cash shown as in the statement of cash flows $ 897,981 $ 992,916

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