SEC Filings

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


Table of Contents

PART I

ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

Not applicable.

ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE

Not applicable.

ITEM 3. KEY INFORMATION

A. Selected Financial Data

Our consolidated financial statements as at and for the years ended March 31, 2018, 2017, 2016, 2015 and 2014 have been prepared in conformity with IFRS, as issued by the IASB.

The following selected financial data should be read in conjunction with “Part I — Item 5. Operating and Financial Review and Prospects” and our consolidated financial statements included elsewhere in this annual report.

The following selected consolidated statement of income data for fiscal 2018, 2017 and 2016 and selected consolidated statement of financial position data as at March 31, 2018 and 2017 have been derived from our audited consolidated financial statements included elsewhere in this annual report. The selected consolidated statement of income data for fiscal 2015 and 2014 and selected consolidated statement of financial position data as at March 31, 2016, 2015 and 2014 have been derived from our audited consolidated financial statements which are not included in this annual report.

 

     For the year ended March 31,  
     2018     2017     2016     2015     2014  
     (US dollars in millions, except share and per share data)  

Consolidated statement of income data:

          

Revenue

   $ 758.0     $ 602.5     $ 562.2     $ 533.9     $ 502.6  

Cost of revenue(1)

     503.1       403.3       365.4       342.7       327.7  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

     254.8       199.2       196.8       191.2       174.9  

Operating expenses:

          

Selling and marketing expenses(1)

     41.8       32.6       30.8       31.1       35.2  

General and administrative expenses (1)

     117.6       91.7       78.9       70.0       55.4  

Foreign exchange loss/(gains), net

     (15.0     (14.5     (11.0     (4.6     11.2  

Impairment of goodwill

     —         21.7       —         —         —    

Amortization of intangible assets

     15.5       20.5       25.2       24.2       23.8  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Operating profit

     94.9       47.2       72.9       70.5       49.4  

Other income, net

     (11.2     (8.7     (8.5     (11.9     (9.5

Finance expense

     4.3       0.5       0.3       1.3       2.9  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Profit before income taxes

     101.8       55.3       81.1       81.0       55.9  

Provision for income taxes

     15.4       17.5       21.2       22.4       14.3  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Profit

   $ 86.4     $ 37.8     $ 59.9     $ 58.6     $ 41.6  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings per share of ordinary share:

          

Basic

   $ 1.72     $ 0.75     $ 1.17     $ 1.14     $ 0.82  

Diluted

   $ 1.63     $ 0.71     $ 1.12     $ 1.10     $ 0.79  

Basic weighted average ordinary shares outstanding

     50,388,440       50,582,852       51,372,117       51,633,516       50,958,864  

Diluted weighted average ordinary shares outstanding

     52,915,600       52,940,308       53,639,670       53,428,981       52,689,157  

 

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