Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 151

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 151
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 life of the 2024 Senior Notes (as defined in Note 11 below). The remaining loss to be amortized related to the treasury rate lock agreements as of December 31, 2024 and June 30, 2025 was $351  and $312, respectively.

24

GENPACT LIMITED AND ITS SUBSIDIARIESNotes to the Consolidated Financial Statements(Unaudited)(In thousands, except per share data and share count)

6. Derivative financial instruments (Continued)In connection with cash flow hedges, the gains (losses) recorded as a component of other comprehensive income (loss) (“OCI”), and the related tax effects are summarized below: Three months ended June 30,20242025Before taxAmountTax (Expense) or BenefitNet of taxAmountBefore taxAmountTax (Expense)or BenefitNet of taxAmountOpening balance$17,132 $(4,770)$12,362 $(11,601)$2,966 $(8,635)Net gains (losses) reclassified into statement of income on completion of hedged transactions3,585 (1,014)2,571 (693)287 (406)Changes in fair value of effective portion of outstanding derivatives, net(1,896)(171)(2,067)1,615 536 2,151 Gain (loss) on cash flow hedging derivatives, net(5,481)843 (4,638)2,308 249 2,557 Closing balance$11,651 $(3,927)$7,724 $(9,293)$3,215 $(6,078)Six  months ended June 30,20242025Before taxAmountTax (Expense) or BenefitNet of taxAmountBefore taxAmountTax (Expense)or BenefitNet of taxAmountOpening balance$805 $146 $951 $(29,271)$6,809 $(22,462)Net gains (losses) reclassified into statement of income on completion of hedged transactions6,545 (1,772)4,773 (5,921)1,521 (4,400)Changes in fair value of effective portion of outstanding derivatives, net17,391 (5,845)11,546 14,057 (2,073)11,984 Gain (loss) on cash