10-K Filing

FREEDOM HOLDING CORP. CIK: 924805 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001038838-13-000260`
Period End Date	20130331
Filing Date	20130701
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	kaz-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 42 Cash Flow Statement 74 Stockholders Equity 10

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`Cash`	$10.46M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$3.37M	USD	Point-in-time
Promissory notes receivable	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Promissory notes receivable	`NotesAndLoansReceivableNetCurrent`	$220.88K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssetsCurrent`	-	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssetsCurrent`	$1.62M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$36.00M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.46M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$41.21M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	55.79M	shares	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$98.36K	USD	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$214.28K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	55.79M	shares	Point-in-time
Total long term assets	`AssetsNoncurrent`	$98.36K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Total long term assets	`AssetsNoncurrent`	$214.28K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$41.42M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$10.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$373.20K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.71K	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	$11.50K	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	$22.57K	USD	Point-in-time
Deferred consulting and distribution payments	`DeferredCompensationLiabilityCurrent`	$20.02M	USD	Point-in-time
Deferred consulting and distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.01M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 55,787,554 and 55,787,554 shares outstanding, respectively	`CommonStockValue`	$55.79K	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 55,787,554 and 55,787,554 shares outstanding, respectively	`CommonStockValue`	$55.79K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$106.10M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$89.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$21.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.55M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$218.61M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$41.42M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$10.56M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	Annual
REVENUES	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$20.31M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$2.99M	USD	Annual
Interest expense	`InterestExpense`	$3.55M	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$115.93K	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$101.52K	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$3.11M	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$23.96M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-23.96M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.11M	USD	Annual
Foreign exchange gain/loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-26.81K	USD	Annual
Foreign exchange gain/loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$31.00	USD	Annual
Interest income	`InvestmentIncomeInterest`	$32.12K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$14.21K	USD	Annual
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$6.84K	USD	Annual
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$-9.55K	USD	Annual
Total other income/expense	`NonoperatingIncomeExpense`	$21.09K	USD	Annual
Total other income/expense	`NonoperatingIncomeExpense`	$-4.23K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-3.09M	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-23.97M	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	-	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperations`	$-3.09M	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperations`	$-23.97M	USD	Annual
Loss on sale of Emir Oil, net of income taxes	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Loss on sale of Emir Oil, net of income taxes	`GainOrLossOnSaleOfStockInSubsidiary`	$-127.15M	USD	Annual
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$11.90M	USD	Annual
LOSS FROM DISCONTINUED OPERATIONS	`LossFromDiscontinuedOperations`	-	USD	Annual
LOSS FROM DISCONTINUED OPERATIONS	`LossFromDiscontinuedOperations`	$-115.25M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-3.09M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-139.22M	USD	Annual
BASIC NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.06	USD	Annual
BASIC NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.43	USD	Annual
DILUTED NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.06	USD	Annual
DILUTED NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.43	USD	Annual
BASIC NET LOSS PER COMMON SHARE FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
BASIC NET LOSS PER COMMON SHARE FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-2.07	USD	Annual
DILUTED NET LOSS PER COMMON SHARE FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
DILUTED NET LOSS PER COMMON SHARE FROM DISCONTINUED OPERATIONS	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-2.07	USD	Annual

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.09M	USD	Annual
Net loss	`NetIncomeLoss`	$-139.22M	USD	Annual
Income from discontinued operations	`IncomeFromDiscontinuedOperationsNetOfTax`	$-11.90M	USD	Annual
Income from discontinued operations	`IncomeFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$115.92K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$101.52K	USD	Annual
Interest expense	`InterestExpense`	$3.55M	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	$220.88K	USD	Annual
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	-	USD	Annual
Loss on sale of Emir Oil	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Loss on sale of Emir Oil	`GainOrLossOnSaleOfStockInSubsidiary`	$-127.15M	USD	Annual
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.62M	USD	Annual
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.54M	USD	Annual
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-748.78K	USD	Annual
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.65M	USD	Annual
Decrease in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$11.07K	USD	Annual
Decrease in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.82M	USD	Annual
Net cash used in operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.77M	USD	Annual
Net cash used in operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.79M	USD	Annual
Net cash provided by operating activities - discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by operating activities - discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$33.07M	USD	Annual
Net cash (used in)/ provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.77M	USD	Annual
Net cash (used in)/ provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.28M	USD	Annual
Investment in short term notes receivable	`PaymentsToAcquireNotesReceivable`	$66.15K	USD	Annual
Investment in short term notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	Annual
Proceed from sale of Emir Oil	`ProceedFromSaleOfEmirOil`	$159.60M	USD	Annual
Proceed from sale of Emir Oil	`ProceedFromSaleOfEmirOil`	-	USD	Annual
Purchase of other fixed assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$153.31K	USD	Annual
Purchase of other fixed assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	Annual
Net cash provided by investing activities - continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Net cash provided by investing activities - continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$159.38M	USD	Annual
Net cash used in investing activities - discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-23.13M	USD	Annual
Net cash used in investing activities - discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$136.26M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Payment related to redemption of convertible notes	`PaymentRelatedToRedemptionOfConvertibleNotes`	-	USD	Annual
Payment related to redemption of convertible notes	`PaymentRelatedToRedemptionOfConvertibleNotes`	$61.40M	USD	Annual
Cash paid for convertible notes coupon	`CashPaidForConvertibleNotesCoupon`	$4.55M	USD	Annual
Cash paid for convertible notes coupon	`CashPaidForConvertibleNotesCoupon`	-	USD	Annual
Decrease in taxes payables and accrued liabilities	`PaymentsOfCapitalDistribution`	$43.00M	USD	Annual
Decrease in taxes payables and accrued liabilities	`PaymentsOfCapitalDistribution`	$23.14M	USD	Annual
Intercompany advances (1)	`Intercompanyadvances1`	$6.30M	USD	Annual
Intercompany advances (1)	`Intercompanyadvances1`	-	USD	Annual
Net cash used in financing activities - continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-102.65M	USD	Annual
Net cash used in financing activities - continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.14M	USD	Annual
Net cash used in financing activities - discontinued operations (2)	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in financing activities - discontinued operations (2)	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-6.62M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-109.27M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.14M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.91M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$42.26M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS from discontinuing operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$3.32M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS from discontinuing operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS from continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$38.95M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS from continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-28.91M	USD	Annual
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$426.05K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.37M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.46M	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of period	`CashAndCashEquivalentsAtCarryingValue`	$426.05K	USD	Point-in-time
Cash and cash equivalents	`Reconcashequivalents`	$3.37M	USD	Annual
Cash and cash equivalents	`Reconcashequivalents`	$10.46M	USD	Annual
Restricted cash	`Reconrestrictedcash`	$36.00M	USD	Annual
Restricted cash	`Reconrestrictedcash`	-	USD	Annual
Transfer of inventory and prepayments for materials used in oil and gas projects to oil and gas properties	`TransferOfInventoryAndPrepaymentsForMaterialsUsedInOilAndGasProjectsToOilAndGasProperties`	-	USD	Annual
Transfer of inventory and prepayments for materials used in oil and gas projects to oil and gas properties	`TransferOfInventoryAndPrepaymentsForMaterialsUsedInOilAndGasProjectsToOilAndGasProperties`	$1.20M	USD	Annual
Depreciation on other fixed assets capitalized as oil and gas properties	`DepreciationOnOtherFixedAssetsCapitalizedAsOilAndGasProperties`	$479.23K	USD	Annual
Depreciation on other fixed assets capitalized as oil and gas properties	`DepreciationOnOtherFixedAssetsCapitalizedAsOilAndGasProperties`	-	USD	Annual
Cash distribution accrued and not yet paid	`CashDistributionAccruedAndNotYetPaid`	$15.02M	USD	Annual
Cash distribution accrued and not yet paid	`CashDistributionAccruedAndNotYetPaid`	$8.61M	USD	Annual
Cash paid for interest	`InterestPaid`	$4.20M	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$21.38M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$1.55M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$218.61M	USD	Point-in-time
Shareholder distribution	`ShareholderDistribution`	$-58.02M	USD	Annual
Shareholder distribution	`ShareholderDistribution`	$-16.74M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-3.09M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-139.22M	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$21.38M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$1.55M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$218.61M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.