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)

 

19.

Revenue

Disaggregation of revenue

In the following tables, revenue is disaggregated by service type, major industries serviced and geography.

Revenue by service type

 

     Three months ended December 31,      Nine months ended December 31,  
     2018      2017      2018      2017  

Industry-specific

   $ 78,602      $ 64,204      $ 225,864      $ 187,413  

Customer interaction services

     42,112        47,519        138,223        142,609  

Finance and accounting

     42,952        40,555        125,968        118,726  

Research and analytics

     23,607        23,202        68,083        66,635  

Auto claims

     8,764        7,999        27,707        26,125  

Others

     3,709        5,119        12,793        13,738  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 199,746      $ 188,598      $ 598,638      $ 555,246  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue by industry

 

     Three months ended December 31,      Nine months ended December 31,  
     2018      2017      2018      2017  

Insurance*

   $ 56,558      $ 49,737      $ 163,502      $ 144,638  

Travel and leisure

     31,422        35,575        103,503        105,332  

Diversified businesses including manufacturing, retail, CPG, media and entertainment, and telecom

     34,592        34,408        102,814        99,488  

Healthcare

     31,312        27,325        89,934        80,393  

Utilities

     13,197        15,378        41,863        48,487  

Shipping and logistics

     12,889        7,802        37,832        22,579  

Consulting and professional services

     10,737        9,991        32,283        29,163  

Banking and financial services

     9,039        8,382        26,907        25,166  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 199,746      $ 188,598      $ 598,638      $ 555,246  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

*

Includes revenue disclosed under the Auto Claims BPM segment in Note 27.

Revenue by contract type

 

     Three months ended December 31,      Nine months ended December 31,  
     2018      2017      2018      2017  

Full-time-equivalent

   $ 130,101      $ 119,088      $ 384,872      $ 346,764  

Transaction*

     32,847        33,740        104,421        103,760  

Subscription

     16,286        14,316        47,949        42,984  

Fixed price

     10,823        10,569        30,847        28,595  

Others

     9,689        10,885        30,549        33,143  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 199,746      $ 188,598      $ 598,638      $ 555,246  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

*

Includes revenue disclosed under the Auto Claims BPM segment in Note 27.

Revenue by geography

Refer Note 27 — Operating segments - External revenue for revenue by geography.

Contract acquisition costs

As at April 1, 2018, the Company capitalized $6,821 towards incremental costs incurred for acquiring contracts that were not completed.

Further, the Company capitalized an additional amount of $648 and $859 during the three and nine months ended December 31, 2018, respectively. The Company amortized an amount of $293 and $1,245 during the three and nine months ended December 31, 2018, respectively. The capitalized costs are amortized on a straight-line basis over the expected life of the contract.

 

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