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)

 

The segment results for the year ended March 31, 2017 are as follows:

 

     Year ended March 31, 2017  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 557,904      $ 44,642      $ —        $ 602,546  

Segment revenue

   $ 557,983      $ 44,642      $ (79    $ 602,546  

Payments to repair centers

        24,102        —          24,102  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     557,983        20,540        (79      578,444  

Depreciation

     16,598        305        —          16,903  

Other costs

     429,074        20,147        (79      449,142  

Impairment of goodwill (Refer note 9)

     —          21,673        —          21,673  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit/(loss)

     112,311        (21,585      —          90,726  

Other income, net

     (7,785      (904      —          (8,689

Finance expense

     547        —          —          547  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss) before income taxes

     119,549        (20,681      —          98,868  

Provision for income taxes

     17,441        89        —          17,530  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss)

     102,108        (20,770      —          81,338  

Amortization of intangible assets

              20,539  

Share-based compensation expense

              23,036  
           

 

 

 

Profit/(loss)

            $ 37,763  
           

 

 

 

Addition to non-current assets

   $ 111,280      $ 453      $ —        $ 111,733  

Total assets, net of elimination

     590,974        113,149        —          704,123  

Total liabilities, net of elimination

   $ 214,155      $ 74,902      $ —        $ 289,057  

 

* Transactions between inter segments represent invoices raised by WNS Global BPM on WNS Auto Claims BPM for business process outsourcing services rendered by the former to latter.

One customer in the WNS Global BPM segment accounted for 9.0% of the Company’s total revenue for the year ended March 31, 2017. The receivables from this customer comprised 7.1% of the Company’s total trade receivables as at March 31, 2017.

 

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