SEC Filings

20-F
WNS (HOLDINGS) LTD filed this Form 20-F on 05/16/2018
Entire Document
 


Table of Contents

Contractual Obligations

Our principal commitments consist of expected principal cash payments relating to our obligations under debt and operating leases for office space, which represent minimum lease payments for office space, and purchase obligations for property and equipment. The following table sets out our total future contractual obligations as at March 31, 2018 on a consolidated basis:

 

     Payments Due By Period  
     Total      Less than
1 year
     1-3 years      3-5 years      More
than 5
years
 
     (US dollars in thousands)  

Long term debt (before netting off debt issuance costs)

     89,900        28,100        45,000        16,800        —    

Estimated interest payments (1)

     5,067        2,345        2,372        350        —    

Trade payables

     19,703        19,703        —          —          —    

Operating leases

     131,907        27,572        47,115        29,783        27,437  

Purchase obligations (net of capital advances)

     5,762        5,762        —          —          —    
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 252,339      $ 83,482      $ 94,487      $ 46,933      $ 27,437  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Note:

 

(1) Interest payments on debt includes payout for interest rate swaps which convert our floating rate debt to fixed rate debt. There is no contractual obligation to renew this debt.

Our pension and other employee obligations (non-current) amounting to $9.6 million as at March 31, 2018, included in the consolidated statement of financial position, have not been disclosed in the table above as the amounts and timing of payments cannot be reliably estimated or determined at present.

Uncertain income tax liabilities totaling $12.4 million, have not been disclosed in the table above because we cannot make a reasonable estimate of the period of cash settlement with the relevant taxing authority.

 

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