v2.3.0.15
Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net income attributable to Genpact Limited shareholders$ 123,174$ 96,152
Net income attributable to noncontrolling interest5,1714,797
Net Income128,345100,949
Adjustments to reconcile net income to net cash provided by (used for) operating activities:  
Depreciation and amortization44,55243,128
Amortization of debt issue costs1,264310
Amortization of acquired intangible assets14,09412,400
Reserve (release) for doubtful receivables5,944(1,373)
Gain on business acquisition (247)
Unrealized (gain) loss on revaluation of foreign currency asset/liability(6,397)(393)
Equity-method investment activity, net289709
Stock-based compensation expense17,71214,963
Deferred income taxes(3,722)(5,719)
Others, net5,320152
Change in operating assets and liabilities:  
Increase in accounts receivable(36,568)(40,657)
Increase in other assets(48,564)(49,536)
Decrease in accounts payable(2,152)(300)
(Decrease) increase in accrued expenses and other current liabilities10,274(23,288)
Increase in income taxes payable42,88624,043
Increase in other liabilities3,8072,823
Net cash provided by operating activities177,08477,964
Investing activities  
Purchase of property, plant and equipment(22,263)(47,690)
Proceeds from sale of property, plant and equipment687916
Investment in affiliates (2,324)
Purchase of short term investments(129,458)(85,971)
Proceeds from sale of short term investments206,443175,584
Short term deposits placed with related party (6,485)
Redemption of short term deposits with related party 16,213
Payment for business acquisitions, net of cash acquired(561,767)(42,575)
Net cash provided by (used for) investing activities(506,358)7,668
Financing activities  
Repayment of capital lease obligations(2,027)(3,486)
Proceeds from long-term debt120,000 
Repayment of long-term debt(25,000)(32,500)
Short-term borrowings, net252,000(165)
Proceeds from issuance of common shares under stock based compensation plans10,61418,472
Direct cost incurred in relation to Debt(9,115) 
Distribution to noncontrolling interest(4,680)(4,700)
Net cash provided by (used for) financing activities341,792(22,379)
Effect of exchange rate changes(7,487)8,882
Net increase in cash and cash equivalents12,51863,253
Cash and cash equivalents at the beginning of the period404,034288,734
Cash and cash equivalents at the end of the period409,065360,869
Supplementary information  
Cash paid during the period for interest4,0361,293
Cash paid during the period for income taxes42,21228,872
Property, plant and equipment acquired under capital lease obligation$ 1,438$ 1,066