10-K Filing

FREEDOM HOLDING CORP. CIK: 924805 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001038838-14-000097`
Period End Date	20140331
Filing Date	20140630
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	kaz-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 22 Cash Flow Statement 28 Stockholders Equity 9

Balance Sheet 47 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`Cash`	$8.59M	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`	$10.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.46M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$8.59M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	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
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$98.36K	USD	Point-in-time
Other fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total long term assets	`AssetsNoncurrent`	$98.36K	USD	Point-in-time
Total long term assets	`AssetsNoncurrent`	-	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$10.56M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.59M	USD	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
Common stock, issued shares	`CommonStockSharesIssued`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.18K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	55.79M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$373.20K	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	-	USD	Point-in-time
Taxes payable, accrued liabilities and other payables	`OtherAccountsPayableAndAccruedLiabilities`	$22.57K	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	$8.54M	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.01M	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`	$89.36M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$89.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-89.44M	USD	Point-in-time
Total shareholders' equity/ deficit	`StockholdersEquity`	$21.38M	USD	Point-in-time
Total shareholders' equity/ deficit	`StockholdersEquity`	$-19.30K	USD	Point-in-time
Total shareholders' equity/ deficit	`StockholdersEquity`	$1.55M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/ DEFICIT	`LiabilitiesAndStockholdersEquity`	$10.56M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/ DEFICIT	`LiabilitiesAndStockholdersEquity`	$8.59M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	Annual
REVENUES	`Revenues`	-	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.49M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$2.99M	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$98.36K	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$115.93K	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$3.11M	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$1.59M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.59M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.11M	USD	Annual
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	Annual
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$31.00	USD	Annual
Interest income	`InvestmentIncomeInterest`	$14.21K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$16.95K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$6.84K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$16.95K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$21.09K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-1.57M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-3.09M	USD	Annual
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.06	USD	Annual
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.03	USD	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.57M	USD	Annual
Net loss	`NetIncomeLoss`	$-3.09M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$115.92K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$98.36K	USD	Annual
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	-	USD	Annual
Provision expense for notes receivable	`ProvisionExpenseForNotesReceivable`	$220.88K	USD	Annual
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.62M	USD	Annual
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	Annual
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.65M	USD	Annual
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-307.02K	USD	Annual
(Decrease)/increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.57K	USD	Annual
(Decrease)/increase in taxes payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$11.07K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.77M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.80M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Deferred distribution payment	`DistributionsDeferred`	$73.30K	USD	Annual
Deferred distribution payment	`DistributionsDeferred`	$23.14M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.14M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-73.30K	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.91M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.88M	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`	$8.59M	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`	$8.59M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$21.38M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-19.30K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$1.55M	USD	Point-in-time
Shareholder distribution	`ShareholderDistribution`	$-16.74M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-1.57M	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-3.09M	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$21.38M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-19.30K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$1.55M	USD	Point-in-time

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