G FY 2009 Earnings Report — Genpact Limited Revenue & Financial Results | Market Cap Arena

Genpact LimitedG

FY 2009 Earnings

Reported February 23, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.0B	—	7.6%
Op. Income	$162M	—	$134M	—	21.3%
Gross Margin	39.9%	—	40.5%	—	-0.6pp
Net Margin	11.4%	—	12.0%	—	-0.7pp
EPS (Diluted)	$0.58	—	$0.57	—	1.8%
Free Cash Flow	$106M	—	$142M	—	-25.5%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$673M
GROSS PROFIT	$447M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$265M
Other Expenses	$20M
Operating Expenses	$285M
Cost & Expenses	$958M
OPERATING INCOME	$162M
Interest Income	$7M
Interest Expense	$4M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$160M
Income Tax Expense	$25M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$127M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$127M
D&A	$80M
EBIT	$165M
EBITDA	$244M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$673M
GROSS PROFIT	$447M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$265M
Other Expenses	$20M
Operating Expenses	$285M
Cost & Expenses	$958M
OPERATING INCOME	$162M
Interest Income	$7M
Interest Expense	$4M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$160M
Income Tax Expense	$25M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$127M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$127M
D&A	$80M
EBIT	$165M
EBITDA	$244M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$127M
Depreciation & Amortization	$84M
Stock-Based Compensation	$0
Deferred Income Tax	-$21M
Other Non-Cash Items	$25M
Change in Working Capital	-$57M
OPERATING CASH FLOW	$158M
Capital Expenditure	-$53M
Acquisitions (Net)	-$19M
Purchases of Investments	-$247M
Sales/Maturities of Investments	$256M
Other Investing Activities	$49M
NET CASH FROM INVESTING	-$14M
Net Debt Issuance	-$57M
Common Stock Repurchased	$0
Common Dividends Paid	-$8M
Other Financing Activities	-$8M
NET CASH FROM FINANCING	-$52M
FREE CASH FLOW	$106M
Net Change in Cash	$105M

Balance Sheet

Item	Amount
Cash & Equivalents	$289M
Short-Term Investments	$142M
Net Receivables	$254M
Inventory	$0
Other Current Assets	$46M
TOTAL CURRENT ASSETS	$847M
PP&E (Net)	$189M
Goodwill	$549M
Intangible Assets	$36M
Long-Term Investments	$588.0K
Tax Assets	$37M
Other Non-Current Assets	$89M
TOTAL NON-CURRENT ASSETS	$900M
TOTAL ASSETS	$1.7B
Account Payables	$16M
Short-Term Debt	$47M
Deferred Revenue	$75M
Other Current Liabilities	$241M
TOTAL CURRENT LIABILITIES	$396M
Long-Term Debt	$25M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$120M
TOTAL NON-CURRENT LIABILITIES	$152M
TOTAL LIABILITIES	$548M
Common Stock	$2M
Additional Paid-In Capital	$1.1B
Retained Earnings	$279M
Treasury Stock	$0
Accum. Other Comp. Income	-$147M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$2M
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$86M
Net Debt	-$203M