Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 128

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 128
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 to suppliers6,3771,310Others32,99416,036Total$209,893 $189,079 

7. Property, plant and equipment, net

 The following table provides the gross and net amount of property, plant and equipment: As of December 31, 2024As of March 31, 2025Property, plant and equipment, gross*$787,509 $799,876 Less: Accumulated depreciation and amortization (579,566)(589,159)Property, plant and equipment, net$207,943 $210,717  *Including capital work in progress

Depreciation expense on property, plant and equipment for the three months ended March 31, 2024 and 2025 was $13,495 and $13,477, respectively. Computer software amortization for the three months ended March 31, 2024 and 2025 was $533 and $502, respectively. 

8. Goodwill and intangible assets

 The following table presents the changes in goodwill for the year ended December 31, 2024 and the three months ended March 31, 2025: For the year ended December 31, 2024For the three months ended March 31, 2025Opening balance1,683,7821,669,769Effect of exchange rate fluctuations(14,013)3,308 Closing balance1,669,7691,673,077 

23

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

8. Goodwill and intangible assets (Continued)The following table presents the changes in goodwill by reporting unit for the year ended December 31, 2024:Financial ServicesConsumer and HealthcareHigh Tech and ManufacturingTotalOpening balance408,674592,780682,3281,683,782Effect of exchange rate fluctuations(3,677)(4,983)(5,353)(14,013)Closing balance404,997587,797676,9751,669,769The following table presents the changes in goodwill by reporting unit for the three months ended March 31, 2025: Financial ServicesConsumer and HealthcareHigh Tech and ManufacturingTotalOpening balance404,997587,797676,9751,669,769Effect of exchange rate fluctuations936 1,205 1,167 3,308