Auditor's report on financial statements of Life insurance company "Freedom Finance Life" for 2020 published

25.05.21 15:34
/KASE, May 25, 2021/ – 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 2020. According to the audited data as of December 31, 2020 (in th. tenge, unless otherwise specified): ---------------------------------------------------------- as of as of Indicator Dec. 31, 2020 Dec. 31, 2019 ------------------------------ ------------- ------------- Equity 6,746,145 4,626,043 Total assets 47,435,233 18,118,722 Total liabilities 40,689,088 13,492,679 Net income (net loss) 2,184,267 468,284 Book value of one share, tenge 2,585.20 1,753.00 ROA, % 4.60 2.58 ROE, % 32.38 10.12 ---------------------------------------------------------- The company's financial statements for 2020 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, 2020, 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 [2021-05-25]