EN
4 July 2025, 06:11
Go to old.kase.kz
English
Information/
Market and Company News
09.06.2020 16:14 #Corporate events

Auditor's report on financial statements of Life insurance company "Freedom Finance Life" for 2019 published

/KASE, June 9, 2020/ – Life insurance company "Freedom Finance Life" (Almaty), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statement for 2019.

According to audited data as at December 31, 2019 (in th. tenge, unless otherwise specified):

----------------------------------------------------------
                                      as at         as at 
Indicator                      Dec. 31, 2019 Dec. 31, 2018
------------------------------ ------------- -------------
Equity                             4,626,043     2,989,167
Total assets                      18,118,722    10,372,297
Total liabilities                 13,492,679     7,383,130
Net income (net loss)                468,284       393,102
Book value of one share, tenge         1,753         1,476
ROA, %                                  2.58          3.79
ROE, %                                 10.12         13.15
----------------------------------------------------------

The company's financial statements for 2019 were audited by Deloitte LLP. According to the auditor's opinion, the financial statements present fairly, in all material respects, the financial position of Life insurance company "Freedom Finance Life" JSC as of December 31, 2019, and its financial results and cash flows for the year ended as of the specified date in accordance with the IFRS.

The report is available on KASE website (in Russian) at – see more

[2020-06-09]