Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 54

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 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 Closing balance405,933 589,002 678,142 1,673,077 The total amount of goodwill deductible for tax purposes was $237,125 and $230,025 as of December 31, 2024 and March 31, 2025, respectively.The Company’s intangible assets are as follows: As of December 31, 2024As of March 31, 2025Gross carrying amountAccumulated amortization & ImpairmentNetGross carrying amountAccumulated amortization & ImpairmentNetCustomer-related intangible assets$468,500 $451,285 $17,215 $469,828 $455,733 $14,095 Marketing-related intangible assets97,60793,6093,99897,67894,8792,799Technology-related intangible assets131,853126,1165,737130,958125,2345,724$697,960 $671,010 $26,950 $698,464 $675,846 $22,618  Amortization expenses for intangible assets acquired as part of a business combination and disclosed in the consolidated statements of income under amortization of acquired intangible assets for the three months ended March 31, 2024 and 2025 were $6,927 and $4,320, respectively.Amortization expenses for internally-developed and other intangible assets disclosed in the consolidated statements of income under cost of revenue and selling, general and administrative expenses for the three months ended March 31, 2024 and 2025 were $458 and $618, respectively.

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GENPACT LIMITED AND ITS SUBSIDIARIES