SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 08/06/2018
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Profit as adjusted by non-cash and other items primarily comprised the following: (i) profit of $22.4 million for the three months ended June 30, 2018 as compared to $16.7 million for the three months ended June 30, 2017; (ii) unrealized loss on derivative instruments of $6.7 million for the three months ended June 30, 2018 as compared to $3.4 million for the three months ended June 30, 2017; (iii) share-based compensation expense of $7.7 million for the three months ended June 30, 2018 as compared to $6.4 million for the three months ended June 30, 2017; (iv) current tax expense of $5.2 million for the three months ended June 30, 2018 as compared to $4.7 million for the three months ended June 30, 2017; (v) unrealized exchange gains of $4.4 million for the three months ended June 30, 2018 as compared to $1.0 million for the three months ended June 30, 2017; and (vi) income from investments of $2.1 million for the three months ended June 30, 2018 as compared to $0.9 million for the three months ended June 30, 2017.

Cash outflow on account of working capital changes amounted to $26.8 million for the three months ended June 30, 2018 as compared to $18.9 million for the three months ended June 30, 2017. This was primarily on account of an increase in cash outflow towards current liabilities and trade payable by $7.2 million, and a decrease in cash inflow due to higher trade receivables and unbilled revenue by $2.3 million, partially offset by an increase in cash inflow due to lower other current assets by $0.9 million and a decrease in cash outflow due to lower contract liabilities by $0.7 million.

 

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