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)

 

The segment results for the nine months ended December 31, 2018 are as follows:

 

     Nine months ended December 31, 2018  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 570,931      $ 27,707      $ —      $ 598,638  

Segment revenue

   $ 570,994      $ 27,707      $ (63    $ 598,638  

Payments to repair centers

     —          11,279        —          11,279  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     570,994        16,428        (63      587,359  

Depreciation

     15,183        163        —          15,346  

Other costs

     433,339        15,903        (63      449,179  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit

     122,472        362        —          122,834  

Other income, net

     (9,033      (970      —          (10,003

Finance expense

     2,484        —          —          2,484  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit before income taxes

     129,021        1,332        —          130,353  

Income tax expense

     19,093        131        —          19,224  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit

     109,928        1,201        —          111,129  

Amortization of intangible assets

              11,867  

Share-based compensation expense

              23,501  
           

 

 

 

Profit after tax

            $ 75,761  
           

 

 

 

Addition to non-current assets

   $ 20,476      $ 1,046      $ —      $ 21,522  

Total assets, net of elimination

     627,067        120,435        —          747,502  

Total liabilities, net of elimination

   $ 158,369      $ 80,214      $ —      $ 238,583  

 

*

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 nine months ended December 31, 2017 are as follows:

 

     Nine months ended December 31, 2017  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 529,122      $ 26,124      $ —      $ 555,246  

Segment revenue

   $ 529,163      $ 26,124      $ (41    $ 555,246  

Payments to repair centers

            12,480               12,480  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     529,163        13,644        (41      542,766  

Depreciation

     14,705        205        —          14,910  

Other costs

     414,510        12,844        (41      427,313  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit

     99,948        595        —          100,543  

Other income, net

     (6,879      (797      —          (7,676

Finance expense

     3,115        —          —          3,115  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit before income taxes

     103,712        1,392        —          105,104  

Income tax expense

     7,959        185        —          8,144  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit

     95,753        1,207        —          96,960  

Amortization of intangible assets

              11,546  

Share-based compensation expense

              23,506  
           

 

 

 

Profit after tax

            $ 61,908  
           

 

 

 

Addition to non-current assets

   $ 23,912      $ 231      $ —      $ 24,143  

Total assets, net of elimination

     618,437        122,202        —          740,639  

Total liabilities, net of elimination

   $ 189,624      $ 80,085      $ —      $ 269,709  

 

*

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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