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)

 

The segment results for the six months ended September 30, 2018 are as follows:

 

     Six months ended September 30, 2018  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $  379,948      $ 18,944      $ —      $  398,892  

Segment revenue

   $ 379,989      $ 18,944      $ (41    $ 398,892  

Payments to repair centers

     —          7,391        —          7,391  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     379,989        11,553        (41      391,501  

Depreciation

     9,980        114        —          10,094  

Other costs

     292,668        10,996        (41      303,623  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit

     77,341        443        —          77,784  

Other income, net

     (5,878      (481      —          (6,359

Finance expense

     1,672        —          —          1,672  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit before income taxes

     81,547        924        —          82,471  

Income tax expense

     11,511        90        —          11,601  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit

     70,036        834        —          70,870  

Amortization of intangible assets

              7,922  

Share-based compensation expense

              15,770  
           

 

 

 

Profit after tax

            $ 47,178  
           

 

 

 

Addition to non-current assets

   $ 16,919      $ 428      $ —      $ 17,347  

Total assets, net of elimination

     569,046        119,987        —          689,033  

Total liabilities, net of elimination

   $ 161,992      $ 79,134      $ —      $ 241,126  

 

*

Transactions between inter segments represent invoices issued by WNS Global BPM to WNS Auto Claims BPM for business process management services rendered by the former to the latter.

The segment results for the six months ended September 30, 2017 are as follows:

 

     Six months ended September 30, 2017  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 348,522      $ 18,126      $ —      $ 366,648  

Segment revenue

   $ 348,559      $ 18,126      $ (37    $ 366,648  

Payments to repair centers

     —          9,044        —          9,044  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     348,559        9,082        (37      357,604  

Depreciation

     9,840        136        —          9,976  

Other costs

     275,415        8,492        (37      283,870  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit

     63,304        454        —          63,758  

Other income, net

     (4,542      (661      —          (5,203

Finance expense

     2,139        —          —          2,139  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit before income taxes

     65,707        1,115        —          66,822  

Income tax expense

     7,090        162        —          7,252  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit

     58,617        953        —          59,570  

Amortization of intangible assets

              7,619  

Share-based compensation expense

              16,329  
           

 

 

 

Profit after tax

            $ 35,622  
           

 

 

 

Addition to non-current assets

   $ 16,691      $ 280      $ —      $ 16,971  

Total assets, net of elimination

     583,339        120,358        —          703,697  

Total liabilities, net of elimination

   $ 195,663      $ 78,693      $ —      $ 274,356  

 

*

Transactions between inter segments represent invoices issued by WNS Global BPM to WNS Auto Claims BPM for business process management services rendered by the former to the latter.

 

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