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Form 20-F
LUXOFT HOLDING, INC filed this Form 20-F on 07/23/2018
Document Outline
Entire Document (10010.4 KB)
Subdocument 1 - 20-F - 20-F
Page 1 - UNITED STATES
Page 2 - N/A
Page 3 - PRELIMINARY NOTES
Page 4 - Industry Data and Other Information
Page 5 - TABLE OF CONTENTS
Page 6 - USE OF PROCEEDS
Page 7 - PART I
Page 8 - An investment in our Class A ordinary shares involves a high degree of risk. You should consider car
Page 9 - We generate a significant portion of our sales of services, and anticipate deriving a material porti
Page 10 - We derive a large portion of our sales of services, and expect that we will derive a large portion o
Page 11 - If we cause disruptions to our clients' businesses or provide inadequate service, our clients may ha
Page 12 - Our insurance may be inadequate to protect us against our losses.
Page 13 - Wage inflation in countries where our delivery centers are located may adversely affect our financia
Page 14 - Significant political or regulatory developments, such as those stemming from the recent change of t
Page 15 - Our ability to generate and retain business depends on our reputation in the marketplace.
Page 16 - Our profitability could suffer if we fail to maintain favorable pricing for our services.
Page 17 - We have incurred, and may continue to incur, significant share-based compensation expenses which cou
Page 18 - Our use of open source software may expose us to risks.
Page 19 - If we fail to integrate or manage acquired businesses efficiently, or if the acquired companies are
Page 20 - Our international operations involve risks that could increase our expenses, adversely affect our re
Page 21 - We face risks associated with having significant resource commitments to provide services prior to r
Page 22 - Changes in the tax system in CEE and Asian countries or court practice, or unforeseen application of
Page 23 - Our business may be materially adversely affected by tax reform in the United States.
Page 24 - International hostilities, terrorist activities, other violence or war, natural disasters, pandemics
Page 25 - N/A
Page 26 - Regional and international political and diplomatic conflicts involving Russia and Ukraine could cre
Page 27 - Political and governmental instability in CEE countries could materially adversely affect our busine
Page 28 - Poland
Page 29 - The legal and tax systems in CEE countries can create an uncertain environment for business activity
Page 30 - Loss of taxation benefits related to our employment-related taxes that are enjoyed in CEE countries
Page 31 - We may be exposed to additional taxation in Ukraine related to the activities of our non-Ukrainian s
Page 32 - We may be exposed to liability for actions taken by our subsidiaries.
Page 33 - Risks related to our Class A ordinary shares
Page 34 - We cannot predict the impact that a modification of our dual class share arrangement may have on our
Page 35 - As a foreign private issuer, we are not subject to U.S. proxy rules or Regulation FD and are exempt
Page 36 - If we are unable to satisfy the requirements of Section 404 of the Sarbanes Oxley Act of 2002, or if
Page 37 - We are not subject to the supervision of the British Virgin Islands Financial Services Commission an
Page 38 - We do not intend to pay regular dividends for the foreseeable future.
Page 39 - Shareholders in British Virgin Islands companies may not be able to initiate shareholder derivative
Page 40 - Principal Capital Expenditures
Page 41 - Overview
Page 42 - Industry background
Page 43 - Innovation:
Page 44 - Media, Telecommunications and Networks:
Page 45 - Growth of CEE as a services delivery location
Page 46 - Bulgaria.
Page 47 - Competitive strengths
Page 48 - Strong and experienced management team.
Page 49 - Continue to develop our proprietary platforms.
Page 50 - Our capabilities
Page 51 - DevOps
Page 52 - Custom software development and support services
Page 53 - AllView.
Page 54 - Automotive and Transport
Page 55 - Digital Enterprise
Page 56 - Technology
Page 57 - Quality and process management
Page 58 - Clients
Page 59 - Sales and marketing
Page 60 - The Gartner Report(s) described herein, (the "Gartner Report(s)") represent(s) research opinion or v
Page 61 - Recruitment and retention
Page 62 - Intellectual property rights
Page 63 - Seasonal trends in operations
Page 64 - N/A
Page 65 - Facilities
Page 66 - ITEM 4A. Unresolved Staff Comments
Page 67 - N/A
Page 68 - Acquisitions
Page 69 - Acquisition of IntroPro
Page 70 - Client locations
Page 71 - Depreciation and amortization
Page 72 - Results of operations
Page 73 - Operating expenses
Page 74 - Operating income
Page 75 - Operating expenses
Page 76 - Income from revaluation of contingent liability
Page 77 - Quarterly results of operations and seasonality
Page 78 - Credit facilities
Page 79 - Cash flows
Page 80 - Critical accounting policies
Page 81 - Fixed price contracts.
Page 82 - Goodwill
Page 83 - Accounting for share-based employee compensation plans
Page 84 - N/A
Page 85 - ITEM 6. Directors, Senior Management and Employees
Page 86 - Michael Friedland Chief Operating Officer
Page 87 - Grigory Kauzov Vice President, Global Services
Page 88 - Dmitry Loshchinin Director
Page 89 - Restricted Stock Unit Award Agreement
Page 90 - Performance Unit Agreement
Page 91 - Board structure
Page 92 - Duties of directors
Page 93 - N/A
Page 94 - Indemnification
Page 95 - ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
Page 96 - N/A
Page 97 - Significant Changes
Page 98 - Contracts for the purchase of services
Page 99 - N/A
Page 100 - ITEM 9. THE OFFER AND LISTING
Page 101 - ITEM 10. ADDITIONAL INFORMATION
Page 102 - Meetings of shareholders
Page 103 - Foss v. Harbottle
Page 104 - Modification of the rights of shareholders
Page 105 - Board of Directors
Page 106 - Differences in corporate law
Page 107 - Interested directors
Page 108 - Indemnification
Page 109 - Taxation in the British Virgin Islands
Page 110 - Taxation of distributions
Page 111 - Information reporting and backup withholding
Page 112 - United Kingdom Taxation
Page 113 - ITEM 11. QUANTITATIVE AND QUALITATIVE DISLOSURES ABOUT MARKET RISK.
Page 114 - Inflation risk
Page 115 - Report of Independent Registered Public Accounting Firm
Page 116 - Definition and Limitations of Internal Control Over Financial Reporting
Page 117 - ITEM 16B: Code of Ethics
Page 118 - ITEM 16E: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Page 119 - ANNUAL REPORT ON FORM 20-F
Page 120 - SIGNATURES
Page 121 - INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
Page 122 - Report of Independent Registered Public Accounting Firm
Page 123 - Luxoft Holding, Inc
Page 124 - Luxoft Holding, Inc
Page 125 - Luxoft Holding, Inc
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Subdocument 2 - EX-8.1 - EXHIBIT 8.1
Page 1 - N/A
Subdocument 3 - EX-12.1 - EXHIBIT 12.1
Page 1 - N/A
Subdocument 4 - EX-12.2 - EXHIBIT 12.2
Page 1 - N/A
Subdocument 5 - EX-13.1 - EXHIBIT 13.1
Page 1 - N/A
Subdocument 6 - EX-13.2 - EXHIBIT 13.2
Page 1 - N/A
Subdocument 7 - EX-15.1 - EXHIBIT 15.1
Page 1 - N/A
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