/KASE, June 27, 2024/– Life Insurance Company Freedom Finance Life JSC (Almaty), with its shares on the official list of Kazakhstan Stock Exchange (KASE), provided KASE with an audit report on 2023 financial statements of the company.

Based on audited data as of December 31, 2023 (in thousand KZT, unless otherwise indicated):

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                               as of           as of
Parameter                   31.12.23         31.12.22
--------------------- --------------- ---------------
Equity capital             32,707,298      17,935,038
Total assets              131,544,462     102,807,439
Total liabilities          98,837,164      84,872,401
Net profit (net loss)      16,010,189       8,292,024
ROA, %                          12.17            8.07
ROE, %                          48.95           46.23
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Audit of the 2023 financial statements of the company was carried out by Deloitte LLP. According to the auditor's report, the financial statements present fairly, in all material respects, the financial position of Freedom Finance Life Insurance Company JSC as at December 31, 2023, and its financial performance and cash flows for the year then ended, as of December 31, 2023 subject to the IFRS.

The report is posted on the KASE website at see more

[2024-06-27]