XML 59 R50.htm IDEA: XBRL DOCUMENT
v3.22.2

ACQUISITIONS AND DISPOSAL OF SUBSIDIARIES (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | As of the acquisition date by Timur Turlov, the fair value of Freedom Life was $12,076. The total purchase price was allocated as follows:
| Purchase price allocation As of February 28, 2018
ASSETS |
Cash and cash equivalents | $ | 3,494 |
Due from banks | 2,514 |
Loans issued | 2 |
Other assets | 1,671 |
Assets from insurance activity | 3,729 |
Deferred acquisition costs | 542 |
Available-for-sale securities, at fair value | 15,842 |
Fixed assets | 171 |
Intangible assets | 5,823 |
Deferred tax assets | 141 |
TOTAL ASSETS | 33,929 |
Deferred income tax liabilities | 47 |
Other liabilities | 139 |
Liabilities from insurance activity | 21,667 |
TOTAL LIABILITIES | 21,853 |
Net assets acquired | 12,076 |
Goodwill | 526 |
Total purchase price | $ | 7,009 |
Fair value of non-controlling interest at acquisition | 5,593 |
As of the acquisition date by Timur Turlov, the fair value of Freedom Insurance was $4,101. The total purchase price was allocated as follows:
| Purchase price allocation As of August 22, 2018
ASSETS: |
Cash and cash equivalents | $ | 1,224 |
Due from banks | 1,041 |
Other assets | 17 |
Assets from insurance activity | 45 |
Current income tax asset | 5 |
Available-for-sale securities, at fair value | 1,846 |
Fixed assets | 2 |
Intangible assets | 207 |
Deferred tax assets | 2 |
TOTAL ASSETS | 4,389 |
LIABILITIES: |
Other liabilities | 214 |
Liabilities from insurance activity | 74 |
TOTAL LIABILITIES | 288 |
Net assets acquired | 4,101 |
Goodwill | 187 |
Total purchase price | $ | 4,288 |

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

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration