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)

 

External Revenue

Revenues from the geographic segments based on domicile of the customer. The Company’s external revenue by geographic area is as follows:

 

     Year ended March 31,  
     2018      2017      2016  

Jersey, Channel Islands

   $ —        $ —        $ —    

US

     308,436        196,193        155,345  

UK

     258,863        248,588        264,889  

Australia

     66,626        49,053        40,308  

Europe (excluding UK)

     47,169        37,494        34,732  

South Africa

     42,841        42,717        30,086  

Rest of the world

     34,021        28,501        36,819  
  

 

 

    

 

 

    

 

 

 

Total

   $ 757,956      $ 602,546      $ 562,179  
  

 

 

    

 

 

    

 

 

 

The Company’s non-current assets (excluding goodwill and intangible assets) by geographic area are as follows:

 

     As at
March 31,
 
     2018      2017  

Jersey, Channel Islands

   $ —        $ —    

UK

     756        1,228  

North America

     5,112        6,493  

India

     26,167        21,944  

South Africa

     10,529        11,449  

Philippines

     14,050        10,583  

Rest of the world

     3,992        3,099  
  

 

 

    

 

 

 

Total

   $ 60,606      $ 54,796  
  

 

 

    

 

 

 

27. Commitment and Contingencies

Leases

The Company has entered into various non-cancelable operating lease agreements for certain delivery centers and offices with original lease periods expiring between fiscal 2019 and 2028, that are renewable on a periodic basis at the option of the lessor and the lessee and have rent escalation clause. The details of future minimum lease payments under non-cancelable operating leases as at March 31, 2018 are as follows:

 

     Operating lease  

Less than 1 year

   $ 27,572  

1-3 years

     47,115  

3-5 years

     29,783  

More than 5 years

     27,437  
  

 

 

 

Total minimum lease payments

   $ 131,907  
  

 

 

 

Rental expenses were $33,685, $27,712 and $24,313 for the years ended March 31, 2018, 2017, and 2016, respectively.

 

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