Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 42

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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Financing activitiesRepayment of finance lease obligations(5,569)(4,487)Payment of debt issuance and refinancing costs(3,305)— Proceeds of long-term debt400,000 — Repayment of long-term debt(19,875)(13,250)Proceeds from short-term borrowings50,000 85,000 Repayment of short-term borrowings(60,000)— Proceeds from issuance of common shares under stock-based compensation plans 9,720 9,345 Payment for net settlement of stock-based awards(21,142)(30,874)Dividend paid(54,829)(59,408)Payment for stock repurchased and retired (including expenses related to stock repurchased)(92,686)(92,999)Net cash (used for) provided by financing activities$202,314 $(106,673)Net increase in cash and cash equivalents341,607 6,708 Effect of exchange rate changes (11,106)8,306 Cash and cash equivalents at the beginning of the period583,670 648,246 Cash and cash equivalents at the end of the period$914,171 $663,260 Supplementary informationCash paid during the period for interest$30,625 $29,790 Cash paid during the period for income taxes, net of refund$45,883 $52,192  See accompanying notes to the Consolidated Financial Statements.

10

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

1. Organization

The Company is a global advanced technology services and solutions company. Powered by its mix of deep industry expertise, operational excellence and advanced technology, the Company helps companies reimagine finance and risk, supply chain and other core industry operations. The Company has over 146,000 employees serving clients in key industry verticals from more than 35 countries. 

2. Summary of significant accounting policies

 (a) Basis of preparation and principles of consolidationThe accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and the rules and regulations of the Securities and Exchange Commission (the “SEC”) for reporting on Form 10-Q. Accordingly, they do not include certain information and note disclosures required by U.S. GAAP for annual financial reporting and should be read in conjunction with the