10-K Filing

FREEDOM HOLDING CORP. CIK: 924805 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001038838-16-000272`
Period End Date	20160331
Filing Date	20160714
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	kaz-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 26 Cash Flow Statement 42 Stockholders Equity 21

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$402.72K	USD	Point-in-time
Cash and cash equivalents	`Cash`	$99.68K	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$8.53M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Employee receivables	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	-	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	280.34M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	224.55M	shares	Point-in-time
Employee receivables	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$1.30K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	280.34M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$483.00	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	224.55M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$50.38K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$404.50K	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
Total current assets	`AssetsCurrent`	$8.68M	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
Fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$8.54K	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentOtherNet`	$5.43K	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
Total non-current assets	`AssetsNoncurrent`	$5.43K	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$8.54K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$413.04K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$46.63K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$50.23K	USD	Point-in-time
Accrued payroll and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$4.70K	USD	Point-in-time
Accrued payroll and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	-	USD	Point-in-time
State taxes payable	`TaxesPayableCurrent`	$100.00	USD	Point-in-time
State taxes payable	`TaxesPayableCurrent`	$100.00	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesCurrent`	$180.00	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	$8.53M	USD	Point-in-time
Deferred distribution payments	`DeferredCompensationLiabilityCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.58M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$60.00	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$60.00	USD	Point-in-time
Total liabilities	`Liabilities`	$8.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$51.67K	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 280,339,467 and 224,551,913 shares outstanding as of March 31, 2016 and 2015, respectively	`CommonStockValue`	$280.34K	USD	Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 280,339,467 and 224,551,913 shares outstanding as of March 31, 2016 and 2015, respectively	`CommonStockValue`	$224.55K	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
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$275.45K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$455.45K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-630.63K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-138.63K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$361.37K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$105.16K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$8.69M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$413.04K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	Annual
Professional fees	`ProfessionalFees`	$222.51K	USD	Annual
Professional fees	`ProfessionalFees`	$96.15K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$41.87K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$268.02K	USD	Annual
Depreciation	`DepreciationDepletionAndAmortization`	$278.00	USD	2 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$3.31K	USD	Annual
Total operating expenses	`CostsAndExpenses`	$493.83K	USD	Annual
Total operating expenses	`CostsAndExpenses`	$138.30K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-138.30K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-493.83K	USD	Annual
Interest income, net	`InvestmentIncomeInterest`	$1.59K	USD	Annual
Interest income, net	`InvestmentIncomeInterest`	$2.00	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$2.00	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$1.59K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-492.24K	USD	Annual
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-138.29K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$340.00	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-240.00	USD	Annual
NET LOSS	`NetIncomeLoss`	$-492.00K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-138.63K	USD	2 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	2 Qtrs
BASIC AND DILUTED NET LOSS PER COMMON SHARE	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.66M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	244.21M	shares	Annual

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-492.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-138.63K	USD	2 Qtrs
Depreciation expense	`DepreciationAndAmortization`	$278.00	USD	2 Qtrs
Depreciation expense	`DepreciationAndAmortization`	$3.31K	USD	Annual
Deferred tax liabilities	`IncreaseDecreaseInOtherDeferredLiability`	$-240.00	USD	Annual
Deferred tax liabilities	`IncreaseDecreaseInOtherDeferredLiability`	$240.00	USD	2 Qtrs
Employee receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-1.30K	USD	2 Qtrs
Employee receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$1.30K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-49.89K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-483.00	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.60K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$46.63K	USD	2 Qtrs
Accrued payroll and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.70K	USD	2 Qtrs
Accrued payroll and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-4.70K	USD	Annual
State tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$100.00	USD	2 Qtrs
State tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-88.47K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-538.63K	USD	Annual
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$199.00	USD	Annual
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.81K	USD	2 Qtrs
Cash resulting from acquisition of BMB Munai, Inc.	`CashAcquiredFromAcquisition`	$8.59M	USD	Annual
Cash resulting from acquisition of BMB Munai, Inc.	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.81K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$8.59M	USD	Annual
Capital contributions	`ProceedsFromPartnershipContribution`	$500.00K	USD	2 Qtrs
Capital contributions	`ProceedsFromPartnershipContribution`	$180.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$180.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$500.00K	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$402.72K	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.23M	USD	Annual
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$402.72K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.63M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$402.72K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$8.63M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Assumption of liabilities in connection with acquisition of BMB Munai, Inc.	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	-	USD	2 Qtrs
Assumption of liabilities in connection with acquisition of BMB Munai, Inc.	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$8.57M	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Shares	`SharesIssued`	280.34M	shares	Point-in-time
Beginning Balance, Shares	`SharesIssued`	0.00	shares	Point-in-time
Beginning Balance, Shares	`SharesIssued`	224.55M	shares	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$361.37K	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$105.16K	USD	Point-in-time
Capital contributions, Shares	`CapitalContributionsShares`	500,000.00	shares	2 Qtrs
Capital contributions, Amount	`PartnersCapitalAccountContributions`	$180.00K	USD	Annual
Capital contributions, Amount	`PartnersCapitalAccountContributions`	$500.00K	USD	2 Qtrs
Redistribution of share capital and APIC, Shares	`AdjustmentsToAdditionalPaidInCapitalShares`	224.05M	shares	2 Qtrs
Redistribution of share capital and APIC, Amount	`AdjustmentsToAdditionalPaidInCapital`	-	USD	2 Qtrs
Acquisition of BMB Munai, Inc., Shares	`StockIssuedDuringPeriodSharesAcquisitions`	55.79M	shares	Annual
Acquisition of BMB Munai, Inc., Amount	`StockIssuedDuringPeriodValueAcquisitions`	$55.79K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-492.00K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-138.63K	USD	2 Qtrs
Ending Balance, Shares	`SharesIssued`	280.34M	shares	Point-in-time
Ending Balance, Shares	`SharesIssued`	0.00	shares	Point-in-time
Ending Balance, Shares	`SharesIssued`	224.55M	shares	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$361.37K	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$105.16K	USD	Point-in-time

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