SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 11/05/2018
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Profit after tax, as adjusted by non-cash and other items primarily comprised the following: (i) profit after tax of $47.2 million for the six months ended September 30, 2018 as compared to $35.6 million for the six months ended September 30, 2017; (ii) current tax expense of $12.0 million for the six months ended September 30, 2018 as compared to $7.8 million for the six months ended September 30, 2017; (iii) unrealized exchange gain of $6.3 million for the six months ended September 30, 2018 as compared to $1.5 million for the six months ended September 30, 2017; (iv) income from investments of $3.7 million for the six months ended September 30, 2018 as compared to $1.5 million for the six months ended September 30, 2017; (v) unrealized loss on derivative instruments of $4.1 million for the six months ended September 30, 2018 as compared to $5.2 million for the six months ended September 30, 2017; (vi) excess tax benefit on share-based compensation expense of $1.0 million for the six months ended September 30, 2018 as compared to $0.1 million for the six months ended September 30, 2017; and (vii) share-based compensation expense of $15.8 million for the six months ended September 30, 2018 as compared to $16.3 million for the six months ended September 30, 2017.

Cash outflow on account of working capital changes amounted to $32.7 million for the six months ended September 30, 2018 as compared to $12.0 million for the six months ended September 30, 2017. This was primarily on account of a decrease in cash inflow from trade receivables and unbilled revenue by $10.2 million, an increase in cash outflow towards current liabilities by $6.5 million, a decrease in cash inflow from current assets by $5.5 million, and a decrease in cash inflow from contract liabilities by $0.7 million, partially offset by a decrease in cash outflow towards accounts payable by $2.2 million.

 

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