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

09.06.20 16:14
/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 – https://kase.kz/files/emitters/ASLF/aslff6_2019_rus.pdf [2020-06-09]