|WNS (HOLDINGS) LTD filed this Form 6-K on 11/05/2018|
Liquidity and Capital Resources
Our capital requirements are principally for the establishment of operating facilities to support our growth and acquisitions, debt repayment and to fund the repurchase of ADSs under our share repurchase programs, as described in further detail in Part IV Other Information of this report and Part II Item 16E Purchases of Equity Securities by the Issuer and Affiliated Purchases of our annual report on Form 20-F for the fiscal year ended March 31, 2018. Our sources of liquidity include cash and cash equivalents and cash flow from operations, supplemented by equity and debt financing and bank credit lines, as required.
As at September 30, 2018, we had cash and cash equivalents of $59.2 million which were primarily held in US dollars, Indian rupees, pound sterling, Sri Lankan rupees and Philippine peso. We typically seek to invest our available cash on hand in bank deposits and money market instruments. Our investments include primarily bank deposits, marketable securities and mutual funds which totaled $98.9 million as at September 30, 2018.
As at September 30, 2018, our total debt outstanding was $75.9 million. We also had available lines of credit amounting to $72.2 million. As at September 30, 2018, no amounts were drawn under these lines of credit.