SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 01/31/2019
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 nine months ended December 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, 2018

   $ 10,223     $ 73,083     $ 77,387     $ 656     $ 69,166     $ 230,515  

Additions

     —         4,673       5,479       317       5,797       16,266  

Disposals/retirements

     —         (1,444     (1,785     (184     (681     (4,094

Translation adjustments

     (297     (5,226     (5,165     (51     (4,626     (15,365
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at December 31, 2018

   $ 9,926       71,086       75,916       738       69,656       227,322  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Accumulated depreciation

            

Balance as at April 1, 2018

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

Depreciation

     373       4,135       5,426       103       5,309       15,346  

Disposals/retirements

     —         (1,419     (1,758     (184     (580     (3,941

Translation adjustments

     (137     (4,745     (3,805     (37     (3,087     (11,811
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as at December 31, 2018

   $ 4,946     $ 62,701     $ 56,755     $ 379     $ 47,088     $ 171,869  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital work-in-progress

               1,924  
            

 

 

 

Net carrying value as at December 31, 2018

             $ 57,377  
            

 

 

 

Certain property and equipment are pledged as collateral against borrowings with a carrying amount of $108 and $107 as at December 31, 2018 and March 31, 2018, respectively.

 

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