Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 29

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 29
---
Item 1. Unaudited Consolidated Financial Statements

GENPACT LIMITED AND ITS SUBSIDIARIES

Consolidated Balance Sheets

(Unaudited)

(In thousands, except per share data and share count) 

NotesAs of December 31, 2024As of March 31, 2025AssetsCurrent assetsCash and cash equivalents$648,246 $561,615 Short-term investments23,359 — Accounts receivable, net of allowance for credit losses of $12,094 and $19,747 as of December 31, 2024 and March 31, 2025, respectively31,198,606 1,192,094 Prepaid expenses and other current assets6209,893 189,079 Total current assets$2,080,104 $1,942,788 Property, plant and equipment, net7207,943 210,717 Operating lease right-of-use assets182,190 184,734 Deferred tax assets21269,476 258,036 Intangible assets, net826,950 22,618 Goodwill81,669,769 1,673,077 Contract cost assets18200,900 200,429 Other assets, net of allowance for credit losses of $7,320 and $5,872 as of December 31, 2024 and March 31, 2025, respectively349,821 402,559 Total assets $4,987,153 $4,894,958 Liabilities and equityCurrent liabilitiesCurrent portion of long-term debt1026,173 26,178 Accounts payable36,469 37,281 Income taxes payable2135,431 40,217 Accrued expenses and other current liabilities11812,994 635,766 Operating leases liability52,672 52,297 Total current liabilities$963,739 $791,739 Long-term debt, less current portion101,195,267 1,189,084 Operating leases liability153,587 154,919 Deferred tax liabilities2115,908 16,048 Other liabilities12269,041 290,107 Total liabilities$2,597,542 $2,441,897 Shareholders' equityPreferred shares, $0.01 par value, 250,000,000 authorized, none issued— — Common shares, $0.01 par value, 500