SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 11/05/2018
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 six months ended September 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

     —         3,030       4,896       323       4,644       12,893  

Disposals/retirements

     —         (852     (796     (175     (202     (2,025

Translation adjustments

     (455     (6,440     (6,789     (78     (6,110     (19,872
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at September 30, 2018

   $ 9,768       68,821       74,698       726       67,498       221,511  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

            

Balance as at April 1, 2018

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

Depreciation

     250       2,749       3,605       59       3,431       10,094  

Disposals/retirements

     —         (831     (778     (175     (124     (1,908

Translation adjustments

     (215     (5,777     (5,050     (46     (4,162     (15,250
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at September 30, 2018

   $ 4,745       60,871       54,669       335       44,591       165,211  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital work-in-progress

               1,719  
            

 

 

 

Net carrying value as at September 30, 2018

             $ 58,019  
            

 

 

 

Certain property and equipment are pledged as collateral against borrowings with a carrying amount of $95 and $107 as at September 30, 2018 and March 31, 2018, respectively.

 

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