The segment results for the year ended March 31, 2018 are as follows:
| Year ended March 31, 2018 | ||||||||||||||||
| WNS Global BPM |
WNS Auto Claims BPM |
Inter segments* |
Total | |||||||||||||
|
Revenue from external customers |
$ | 722,542 | $ | 35,414 | $ | — | $ | 757,956 | ||||||||
|
Segment revenue |
$ | 722,600 | $ | 35,414 | $ | (58 | ) | $ | 757,956 | |||||||
|
Payments to repair centers |
— | 16,970 | — | 16,970 | ||||||||||||
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|
|
|
|
|
|
|
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|
Revenue less repair payments (non-GAAP) |
722,600 | 18,444 | (58 | ) | 740,986 | |||||||||||
|
Depreciation |
19,682 | 272 | — | 19,954 | ||||||||||||
|
Other costs |
561,870 | 18,249 | (58 | ) | 580,061 | |||||||||||
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|
|
|
|
|
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|
Segment operating profit |
141,048 | (77 | ) | — | 140,971 | |||||||||||
|
Other income, net |
(9,757 | ) | (1,473 | ) | — | (11,230 | ) | |||||||||
|
Finance expense |
4,065 | 199 | — | 4,264 | ||||||||||||
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|
|
|
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|
Segment profit before income taxes |
146,740 | 1,197 | — | 147,937 | ||||||||||||
|
Provision for income taxes |
15,319 | 112 | — | 15,431 | ||||||||||||
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|
|
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|
Segment profit |
131,421 | 1,085 | — | 132,506 | ||||||||||||
|
Amortization of intangible assets |
15,505 | |||||||||||||||
|
Share based compensation expense |
30,565 | |||||||||||||||
|
|
|
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|
Profit |
$ | 86,436 | ||||||||||||||
|
|
|
|||||||||||||||
|
Addition to non-current assets |
$ | 32,337 | $ | 201 | $ | — | $ | 32,538 | ||||||||
|
Total assets, net of elimination |
633,186 | 126,377 | — | 759,563 | ||||||||||||
|
Total liabilities, net of elimination |
$ | 181,627 | $ | 82,980 | $ | — | $ | 264,607 | ||||||||
| * | 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 year ended March 31, 2017 are as follows:
| Year ended March 31, 2017 | ||||||||||||||||
| WNS Global BPM |
WNS Auto Claims BPM |
Inter segments* |
Total | |||||||||||||
|
Revenue from external customers |
$ | 557,904 | $ | 44,642 | $ | — | $ | 602,546 | ||||||||
|
Segment revenue |
$ | 557,983 | $ | 44,642 | $ | (79 | ) | $ | 602,546 | |||||||
|
Payments to repair centers |
24,102 | — | 24,102 | |||||||||||||
|
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|
|
|
|
|
|
|
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|
Revenue less repair payments (non-GAAP) |
557,983 | 20,540 | (79 | ) | 578,444 | |||||||||||
|
Depreciation |
16,598 | 305 | — | 16,903 | ||||||||||||
|
Other costs |
429,074 | 20,147 | (79 | ) | 449,142 | |||||||||||
|
Impairment of goodwill (Refer note 9) |
— | 21,673 | — | 21,673 | ||||||||||||
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|
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|
Segment operating profit/(loss) |
112,311 | (21,585 | ) | — | 90,726 | |||||||||||
|
Other income, net |
(7,785 | ) | (904 | ) | — | (8,689 | ) | |||||||||
|
Finance expense |
547 | — | — | 547 | ||||||||||||
|
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|
|
|
|
|
|
|
|||||||||
|
Segment profit/(loss) before income taxes |
119,549 | (20,681 | ) | — | 98,868 | |||||||||||
|
Provision for income taxes |
17,441 | 89 | — | 17,530 | ||||||||||||
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|
|
|
|
|||||||||
|
Segment profit/(loss) |
102,108 | (20,770 | ) | — | 81,338 | |||||||||||
|
Amortization of intangible assets |
20,539 | |||||||||||||||
|
Share-based compensation expense |
23,036 | |||||||||||||||
|
|
|
|||||||||||||||
|
Profit/(loss) |
$ | 37,763 | ||||||||||||||
|
|
|
|||||||||||||||
|
Addition to non-current assets |
$ | 111,280 | $ | 453 | $ | — | $ | 111,733 | ||||||||
|
Total assets, net of elimination |
590,974 | 113,149 | — | 704,123 | ||||||||||||
|
Total liabilities, net of elimination |
$ | 214,155 | $ | 74,902 | $ | — | $ | 289,057 | ||||||||
| * | Transactions between inter segments represent invoices raised by WNS Global BPM on WNS Auto Claims BPM for business process outsourcing services rendered by the former to latter. |
The segment results for the year ended March 31, 2016 are as follows:
| Year ended March 31, 2016 | ||||||||||||||||
| WNS Global BPM |
WNS Auto Claims BPM |
Inter segments* |
Total | |||||||||||||
|
Revenue from external customers |
$ | 508,864 | $ | 53,315 | $ | — | $ | 562,179 | ||||||||
|
Segment revenue |
$ | 509,268 | $ | 53,315 | $ | (404 | ) | $ | 562,179 | |||||||
|
Payments to repair centers |
— | 31,170 | — | 31,170 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Revenue less repair payments (non-GAAP) |
509,268 | 22,145 | (404 | ) | 531,009 | |||||||||||
|
Depreciation |
15,090 | 345 | — | 15,435 | ||||||||||||
|
Other costs |
377,051 | 22,966 | (404 | ) | 399,613 | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Segment operating profit/(loss) |
117,127 | (1,166 | ) | — | 115,961 | |||||||||||
|
Other income, net |
(7,461 | ) | (1,033 | ) | — | (8,494 | ) | |||||||||
|
Finance expense |
278 | — | — | 278 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Segment profit/(loss) before income taxes |
124,310 | (133 | ) | — | 124,177 | |||||||||||
|
Provision for income taxes |
20,905 | 275 | — | 21,180 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Segment profit/(loss) |
103,405 | (408 | ) | — | 102,997 | |||||||||||
|
Amortization of intangible assets |
25,198 | |||||||||||||||
|
Share-based compensation expense |
17,919 | |||||||||||||||
|
|
|
|||||||||||||||
|
Profit/(loss) |
$ | 59,880 | ||||||||||||||
|
|
|
|||||||||||||||
|
Addition to non-current assets |
$ | 30,757 | $ | 1,101 | $ | — | $ | 31,858 | ||||||||
|
Total assets, net of elimination |
373,195 | 152,256 | — | 525,451 | ||||||||||||
|
Total liabilities, net of elimination |
$ | 36,660 | $ | 80,602 | $ | — | $ | 117,262 | ||||||||
| * | Transactions between inter segments represent invoices raised by WNS Global BPM on WNS Auto Claims BPM for business process outsourcing services rendered by the former to latter. |