
	March 31, 2025		March 31, 2024

Short term deposits in National Bank (Kazakhstan)	$	311,065	$	196,942
Short term deposits in commercial banks	262,345		127,051
Overnight deposits	81,962		3,557
Securities purchased under reverse repurchase agreements	81,118		134,961
Petty cash in bank vault and on hand	59,533		22,613
Short term deposits on brokerage accounts	20,567		2,917
Cash in transit	10,546		9,633
Short term deposits in National Bank (Tajikistan)	7,647		—
Short term deposits in stock exchanges	2,391		47,830
Short term deposits in the Central Depository (Kazakhstan)	510		42


Allowance for Cash and cash equivalents	(382)		(462)

Total cash and cash equivalents	$	837,302	$	545,084

As of March 31, 2025 and 2024 cash and cash equivalents balance included short-term collateralized securities received under reverse repurchase agreements which the Group concludes mainly on KASE. KASE, in turn, guarantees payments to the counterparty. The terms of the short-term collateralized securities received under reverse repurchase agreements as of March 31, 2025 and 2024 are presented below:


	March 31, 2025
	Interest rates and remaining contractual maturity of the agreements
	Average interest rate		Up to 30 days		Total
Securities purchased under reverse repurchase agreements
Corporate equity	17.05	%	$	58,202	$	58,202
Corporate debt	13.27	%	16,644		16,644
Non-US sovereign debt	4.48	%	4,436		4,436
US sovereign debt	16.75	%	1,836		1,836

Total			$	81,118	$	81,118


	March 31, 2024
	Interest rates and remaining contractual maturity of the agreements
	Average interest rate		Up to 30 days		Total
Securities purchased under reverse repurchase agreements
Corporate equity	14.57	%	$	96,647	$	96,647
US sovereign debt	4.77	%	16,885		16,885
Non-US sovereign debt	4.45	%	12,468		12,468
Corporate debt	5.31	%	8,961		8,961

Total			$	134,961	$	134,961

The securities received by the Group as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Group under reverse repurchase agreements as of March 31, 2025 and 2024, was $82,140 and $133,380 respectively.

As of March 31, 2025 and March 31, 2024, securities purchased under reverse repurchase agreements included accrued interest in the amount of $5 and $106, with a weighted average maturity of 1 day and 3 days, respectively. All securities repurchase agreements transactions were executed through the KASE.