XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.22.1

OTHER LIABILITIES | 12 Months Ended
--- | ---
Mar. 31, 2022
Risks and Uncertainties [Abstract] |
OTHER LIABILITIES | OTHER LIABILITIES As of March 31, 2022 and 2021, other liabilities of the Company included the following:
| March 31, 2022 |  | March 31, 2021
Liability arising from continuing involvement | $ | 6,447 |  |  | $ | — |
Salaries and other employee benefits | 3,527 |  |  | 1,623 |
Payable to suppliers | 3,605 |  |  | 1,574 |
Vacation reserve | 2,458 |  |  | 1,672 |
Outstanding settlements operations | 1,343 |  |  | 2,835 |
Taxes payable other than income tax | 606 |  |  | 173 |
Other | 1,931 |  |  | 962 |
Total other liabilities | $ | 19,917 |  |  | $ | 8,839 |
Liability arising from continuing involvement represents obligations to JSC Kazakhstan Sustainability Fund ("Program Operator") related to the state mortgage program "7-20-25" and other programs. In accordance with the conditions of this program, Freedom Bank KZ provides mortgage loans to borrowers and transfers the rights of claim on the loans to the Program Operator. In accordance with the program and trust management agreement, Freedom Bank KZ carries out trust management of transferred mortgage loans. Under the program and trust management agreement, Freedom Bank KZ is required to repurchase the rights of claims on transferred mortgage loans, when the loan principal amount and interest payments are overdue 90 days of more. The repurchase of delinquent loans is performed at the loan nominal value. Freedom Bank KZ has determined that it neither transfers nor retains substantially all the risks and rewards of ownership of the financial asset transferred; however, Freedom Bank KZ has determined that it retains control over the assets transferred and continues recognizing the assets to the extent of its continuing involvement in the assets transferred. The extent of Freedom Bank KZ's continuing involvement is limited to the maximum amount of consideration received on the assets transferred, that it is required to return to the Program Operator. As Freedom Bank KZ continues to recognize the asset to the extent of its continuing involvement in loans to customers, it also recognizes the associated liability.

X
- Definition Other Liabilities + References No definition available. + Details
Name: | frhc_OtherLiabilitiesTextBlock
Namespace Prefix: | frhc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RisksAndUncertaintiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration