Financial Statements

Renesource Capital is the European licensed brokerage company (EU license number 06.06.04.114/118.2) providing the wide spectrum of brokerage services and capital management in international financial markets.

Renesource Capital publishes international auditors annual financial reports, adhering to the regulatory requirements for accounting, annual reports and consolidated annual reporting procedures, in accordance with international financial reporting standards, the Financial Instrument Market Law of the Republic of Latvia and the Financial and Capital Market Commission (FCMC) Regulations.

The annual report includes the balance sheet, the off-balance sheet, profit and loss calculations, the statement of changes in equity and reserves, ratio of equity to risk weighted assets and total value of memorandum items (capital adequacy calculation), the cash flow statement and the report of the Council and the Board.

The annual report of Renesource Capital company is conducted and verified by the certified auditor - SIA “Ernst & Young Baltic”.

Audited Financial Statements (Annual Reports)

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.