SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 08/06/2018
Entire Document
 


Table of Contents

WNS (HOLDINGS) LIMITED

NOTES TO UNAUDITED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

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

 

7.

Trade receivables and unbilled revenue, net

Trade receivables and unbilled revenue consist of the following:

 

     As at  
     June 30,
2018
     March 31,
2018
 

Trade receivables and unbilled revenue*

   $ 136,672      $ 133,673  

Less: Allowances for expected credit losses

     (330      (564
  

 

 

    

 

 

 

Total

   $ 136,342      $ 133,109  
  

 

 

    

 

 

 

 

*

Unbilled revenue includes $3,176 which are classified as contract assets.

The movement in the allowances for expected credit losses is as follows:

 

     Three months ended June 30,  
     2018      2017  

Balance at the beginning of the period

   $ 564      $ 1,713  

Impact of adoption of IFRS 9

     (74      —    
  

 

 

    

 

 

 

Balance as on April 1, 2018

     490        1,713  

Charged to operations

     79        203  

Write-offs, net of collections

     (245      (118

Reversals

     (7      (159

Translation adjustment

     13        49  
  

 

 

    

 

 

 

Balance at the end of the period

   $ 330      $ 1,688  
  

 

 

    

 

 

 

 

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