SEC Filings

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


Table of Contents

WNS (HOLDINGS) LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Amounts in thousands, except share and per share data)

 

Financial assets and liabilities subject to offsetting, enforceable master netting arrangements or similar agreements as at March 31, 2017 are as follows:

 

Description

of types of

financial assets

   Gross
amounts of
recognized
financial
assets
     Gross amounts
of recognized
financial
liabilities offset
in  the
statement of
financial
position
     Net amounts
of financial
assets
presented in
the statement
of  financial
position
     Related amount not set off in
financial instruments
     Net
Amount
 
            Financial
instruments
    Cash
collateral
received
    

Derivative assets

   $ 41,982      $ —        $ 41,982      $ (1,712   $ —        $ 40,270  
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 41,982      $ —        $ 41,982      $ (1,712   $ —        $ 40,270  
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

 

 

Description

of types of

financial liabilities

   Gross
amounts of
recognized
financial
liabilities
     Gross amounts
of recognized
financial assets
offset in the
statement  of
financial
position
     Net amounts
of financial
liabilities
presented in
the statement
of  financial
position
     Related amount not set off in
financial instruments
     Net
Amount
 
            Financial
instruments
    Cash
collateral
pledged
    

Derivative liabilities

   $ 4,783      $ —        $ 4,783      $ (1,712   $ —        $ 3,071  
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 4,783      $ —        $ 4,783      $ (1,712   $ —        $ 3,071  
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

 

Fair value hierarchy

The following is the hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:

Level 1 — quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 — other techniques for which all inputs have a significant effect on the recorded fair value are observable, either directly or indirectly.

Level 3 — techniques which use inputs that have a significant effect on the recorded fair value that are not based on observable market data.

The fair value is estimated using the discounted cash flow approach and market rates of interest. The valuation technique involves assumptions and judgments regarding risk characteristics of the instruments, discount rates and future cash flows.

The Company uses valuation techniques in measuring the fair value of financial instruments, where active market quotes are not available. In applying the valuation techniques, the Company makes maximum use of market inputs, and uses estimates and assumptions that are, as far as possible, consistent with observable data that market participants would use in pricing the instrument. Where applicable data is not observable, the Company uses its best estimate about the assumptions that market participants would make. These estimates may vary from the actual prices that would be achieved in an arm’s length transaction at the reporting date.

 

F-43