Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 124

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 124
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000 37,500 (1,190)1,149 Japanese Yen (sell) United States Dollars (buy)7,000 7,000 366 184 Israeli Shekel (buy) United States Dollars (sell)20,000 20,000 454 251 South African Rand (sell) United States Dollars (buy)32,000 32,000 1,725 69 United States Dollars (sell) Brazilian Real (buy)4,000 4,000 (314)208 United States Dollars (sell) Costa Rica Colon (buy)13,000 15,000 231 398 United States Dollars (sell) Canadian Dollar (buy)9,000 9,000 (352)(340)United States Dollars (sell) Malaysian Ringgit (buy)5,000 14,750 (169)12 Interest rate swaps (floating to fixed)234,375 231,250 (3,155)(4,424)$(36,698)$(8,520)(a)Notional amounts are key elements of derivative financial instrument agreements but do not represent the amount exchanged by counterparties and do not measure the Company’s exposure to credit, foreign exchange, interest rate or market risks. However, the amounts exchanged are based on the notional amounts and other provisions of the underlying derivative financial instrument agreements. Notional amounts are denominated in U.S. dollars.(b)Balance sheet exposure is denominated in U.S. dollars and denotes the mark-to-market impact of the derivative financial instruments on the reporting date.

20

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

5. Derivative financial instruments (Continued)FASB guidance on derivatives and hedging requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the balance sheet. In accordance with FASB guidance on derivatives and hedging, the Company designates foreign exchange forward contracts, interest rate swaps and treasury rate locks as cash flow hedges. Foreign exchange forward contracts are entered into to cover the effects of future exchange rate variability on forecasted revenues and purchases of services, and interest rate swaps and treasury rate locks are entered into to cover interest rate fluctuation risk. In addition to this program, the Company uses derivative instruments that are not accounted for as hedges under FASB guidance in order to hedge foreign exchange