XML 90 R69.htm IDEA: XBRL DOCUMENT

ACQUISITIONS OF SUBSIDIARIES (Tables)

12 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of purchase price of 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

Other liabilities			214
Liabilities from insurance activity			74
TOTAL LIABILITIES			288

Net assets acquired			4,101

Goodwill			187

Total purchase price			4,288

As of September 1, 2022, the date of the acquisition of IC "London-Almaty", the fair value of IC "London-Almaty" was $15,858. The total purchase price was allocated as follows:


			As of September 1, 2022

ASSETS
Cash and cash equivalents			$	8,077
Due from banks			2,176
Trading securities			6,178
Value of business acquired			1,677
Assets from insurance activities			3,401
Fixed assets			806
Intangible assets			127
Other assets			1,505
TOTAL ASSETS			23,947

Insurance reserves			6,380
Liabilities from insurance activity			1,429
Other liabilities			280
TOTAL LIABILITIES			8,089

Net assets acquired			15,858

Goodwill			485

Total purchase price			$	16,343

The fair value of Ticketon on the date of the acquisition was $1,233. The total purchase price was allocated as follows:


			As of September 30, 2022

ASSETS
Cash and cash equivalents			$	3,079
Brokerage and other receivables			175
Fixed assets			47
Intangible assets			1,424
Right-of-use asset			63
Other assets			627
TOTAL ASSETS			5,415

Deferred income tax liabilities			36
Lease liability			79
Other liabilities			4,067
TOTAL LIABILITIES			4,182

Net assets acquired			1,233

Goodwill			1,771

Total purchase price			$	3,004

As of February 10, 2023, at the date of the acquisition the fair value of Paybox Technologies LLP and its subsidiaries was $11,659. The total purchase price was allocated as follows:


			As of February 10, 2023

ASSETS
Cash and cash equivalents			5,429
Trading securities			3,838
Brokerage and other receivables			1,726
Fixed assets			1,080
Intangible assets			3,288
Right-of-use asset			341
Goodwill			932
Other assets			454
TOTAL ASSETS			17,088

Securities repurchase agreement obligations			3,037
Trade payables			799
Lease liability			993
Other liabilities			600
TOTAL LIABILITIES			5,429

Net assets acquired			11,659

Goodwill			—

Total purchase price			11,659

The total purchase price was allocated as follows:


			As of March 2, 2023

ASSETS
Intangible assets			2,540
TOTAL ASSETS			2,540

Trade payables			14
TOTAL LIABILITIES			14

Net assets acquired			2,526

Goodwill			5,774

Total purchase price			8,300