Company: G
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001398659-25-000035
Chunk: 116

Company: Genpact LTD
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 116
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”) on a combined basis after elimination of (i) intercompany transactions and balances among the Debt Issuers and Guarantors and (ii) equity in earnings from and investments in the non-Guarantors.

Summarized Statements of IncomeYear endedDecember 31, 2023Year endedDecember 31, 2024(dollars in millions)Net revenues$298.1 $422.4 Gross profit298.1422.4Net income382.4237.1

Below is a summary of transactions with non-Guarantors included in the summarized statement of income above:Year endedDecember 31, 2023Year endedDecember 31, 2024(dollars in millions)Royalty income$0.7 $— Revenue from services297.4422.4Interest income /(expense), net52.1(15.5)Other income /(expense), net(4.5)(4.4)

Summarized Balance SheetsAs ofDecember 31, 2023As ofDecember 31, 2024(dollars in millions)AssetsCurrent assets$2,193.4 $1,842.4 Non-current assets1,045.41,000.5LiabilitiesCurrent liabilities$5,121.3 $4,150.1 Non-current liabilities904.71,236.1

61

Below is a summary of the balances with non-Guarantors included in the summarized balance sheets above:

As ofDecember 31, 2023As ofDecember 31, 2024(dollars in millions)AssetsCurrent assetsAccounts receivable, net$114.4 $174.7 Loans receivable1,433.1932.4Others594.8589.0Non-current assetsOthers$69.5 $46.2 LiabilitiesCurrent liabilitiesLoans payable$3,559.7 $3,447.0 Others1,117.8659.9Non-Current liabilitiesLoans payable$75.0 $38.0 

The Senior Notes and the related guarantees rank pari passu in right of payment with all senior and unsecured debt of the Debt Issuers and the Guarantors and rank senior in right of payment to all of the Debt Issuer’s and the Guarantor’s future subordinated debt. The Senior Notes are effectively subordinated to all of the Debt Issuer’s and the Guarantor’s existing and future secured debt