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)

 

11.

Property and equipment

The changes in the carrying value of property and equipment for the year ended March 31, 2018 are as follows:

 

Gross carrying value

   Buildings     Computers
and
software
    Furniture,
fixtures and
office
equipment
    Vehicles     Leasehold
improvements
    Total  

Balance as at April 1, 2017

   $ 10,246     $ 69,871     $ 68,877     $ 587     $ 60,992     $ 210,573  

Additions

     —         4,597       9,389       93       9,756       23,835  

Disposals/retirements

     —         (3,350     (1,718     (29     (2,303     (7,400

Translation adjustments

     (23     1,965       839       5       721       3,507  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at March 31, 2018

   $ 10,223     $ 73,083     $ 77,387     $ 656     $ 69,166     $ 230,515  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

            

Balance as at April 1, 2017

   $ 4,208     $ 59,811     $ 51,431     $ 429     $ 41,180     $ 157,059  

Depreciation

     514       6,442       6,623       97       6,278       19,954  

Disposals/retirements

     —         (3,345     (1,674     (30     (2,308     (7,357

Translation adjustments

     (12     1,822       512       1       296       2,619  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at March 31, 2018

   $ 4,710     $ 64,730     $ 56,892     $ 497     $ 45,446     $ 172,275  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital work-in-progress

               2,366  
            

 

 

 

Net carrying value as at March 31, 2018

             $ 60,606  
            

 

 

 

The changes in the carrying value of property and equipment for the three months ended June 30, 2018 are as follows:

 

Gross carrying value

   Buildings     Computers
and
software
    Furniture,
fixtures and
office
equipment
    Vehicles     Leasehold
improvements
    Total  

Balance as at April 1, 2018

   $ 10,223     $ 73,083     $ 77,387     $ 656     $ 69,166     $ 230,515  

Additions

     —         1,587       3,314       137       2,401       7,439  

Disposals/retirements

     —         (563     (49     —         (90     (702

Translation adjustments

     (217     (3,754     (3,934     (42     (3,619     (11,566
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at June 30, 2018

   $ 10,006     $ 70,353     $ 76,718     $ 751     $ 67,858     $ 225,686  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

            

Balance as at April 1, 2018

   $ 4,710     $ 64,730     $ 56,892     $ 497     $ 45,446     $ 172,275  

Depreciation

     126       1,426       1,789       21       1,688       5,050  

Disposals/retirements

     —         (563     (31     —         (13     (607

Translation adjustments

     (101     (3,373     (2,824     (27     (2,288     (8,613
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at June 30, 2018

   $ 4,735     $ 62,220     $ 55,826     $ 491     $ 44,833     $ 168,105  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital work-in-progress

               2,230  
            

 

 

 

Net carrying value as at June 30, 2018

             $ 59,811  
            

 

 

 

Certain property and equipment are pledged as collateral against borrowings with a carrying amount of $190 and $107 as at June 30, 2018 and March 31, 2018, respectively.

 

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