FangyuLei/tatqa huggingface dataset:
2019
2018
Number
€m
Number
€m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2
1 April
28,814,803,308
4,796
28,814,142,848
4,796
Allotted during the year3
454,870
–
660,460
–
31 March
28,815,258,178
4,796
28,814,803,308
4,796
6 .
called up share capital .
accounting policies .
equity instruments issued by the company are recorded at the amount of the proceeds received net of direct issuance costs .
notes : 1 at 31 march 2019 there were 50000 -2018 : 50000 7 % cumulative fixed rate shares of £ 1 each in issue .
2 at 31 march 2019 the group held 1584882610 -2018 : 2139038029 treasury shares with a nominal value of € 264 million -2018 : € 356 million .
the market value of shares held was € 2566 million -2018 : € 4738 million .
during the year 45657750 -2018 : 53026317 treasury shares were reissued under group share schemes .
on 25 august 2017 729077001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 february 2016 .
on 25 february 2019 799067749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond .
on 5 march 2019 the group announced the placing of subordinated mandatory convertible bonds totalling £ 1 .
72 billion with a 2 year maturity date in 2021 and £ 1 .
72 billion with a 3 year maturity date due in 2022 .
the bonds are convertible into a total of 2547204739 ordinary shares with a conversion price of £ 1 .
3505 per share .
for further details see note 20 “ borrowings and capital resources ” in the consolidated financial statements .
3 represents us share awards and option scheme awards .

Question: What is the 2019 average amount of ordinary shares as at 31 March?
Answer: 28815030743
Non-U.S. Plans
U.S. Plans
(in millions)
Fiscal 2020
$  82
$  77
Fiscal 2021
77
74
Fiscal 2022
81
74
Fiscal 2023
85
74
Fiscal 2024
86
74
Fiscal 2025-2029
490
361
our common shares are not a direct investment of our pension funds ; however the pension funds may indirectly include our shares .
the aggregate amount of our common shares would not be considered material relative to the total pension fund assets .
our funding policy is to make contributions in accordance with the laws and customs of the various countries in which we operate as well as to make discretionary voluntary contributions from time to time .
we expect to make the minimum required contributions of $ 42 million and $ 26 million to our non-u .
s .
and u .
s .
pension plans respectively in fiscal 2020 .
we may also make voluntary contributions at our discretion .
at fiscal year end 2019 benefit payments which reflect future expected service as appropriate are expected to be paid as follows : .

Question: What is the company's funding policy?
Answer: to make contributions in accordance with the laws and customs of the various countries in which we operate as well as to make discretionary voluntary contributions from time to time
increase (decrease)
Change between Fiscal increase (decrease)
Change between Fiscal increase (decrease)
(In thousands)
2019 and 2018
2018 and 2017
Payroll and payroll-related benefits
$(48)
$48,717
Commissions
(6,588)
16,993
Contract labour and consulting
(871)
609
Share-based compensation
(752)
(454)
Travel and communication
(1,113)
271
Marketing expenses
(5,742)
3,880
Facilities
808
8,373
Bad debt expense
3,519
4,013
Other miscellaneous
(319)
2,285
Total change in sales and marketing expenses
$(11,106)
$84,687
sales and marketing expenses consist primarily of personnel expenses and costs associated with advertising marketing events and trade shows .
sales and marketing expenses decreased by $ 11 .
1 million during the year ended june 30 2019 as compared to the prior fiscal year .
this was primarily due to -i a decrease in commissions expense of $ 6 .
6 million of which approximately $ 8 .
9 million is the net result of the company capitalizing more commission expense under topic 606 whereas previously under topic 605 such costs would have been expensed as incurred -ii a decrease in marketing expenses of $ 5 .
7 million and -iii a decrease in travel and communication expenses of $ 1 .
1 million .
these were partially offset by -i an increase in bad debt expense of $ 3 .
5 million as certain low dollar receivables were provided for entirely as they became aged greater than one year .
overall our sales and marketing expenses as a percentage of total revenues decreased to approximately 18 % from approximately 19 % in the prior fiscal year .
our sales and marketing labour resources increased by 103 employees from 1948 employees at june 30 2018 to 2051 employees at june 30 2019 .

Question: What does Sales and marketing expenses consist primarily of?
Answer: personnel expenses and costs associated with advertising, marketing events and trade shows
Performance rights issued and outstanding at 30 June 2019
Grant Date
Vesting Date1
Fair Value per Right $
Rights Granted
No. of Rights at 30/6/2019
2 Jul 2017
31 Aug 2020
3.815
355,316
355,316
2 Jul 2018
31 Aug 2021
3.01
530,652
530,652
Total
885,968
885,968
b .
employee performance rights plan .
the employee performance rights plan -the rights plan was approved by shareholders at the company ’ s agm on 23 november 2017 .
under the rights plan awards are made to eligible executives and other management personnel who have an impact on the group ’ s performance .
rights plan awards are granted in the form of performance rights over shares which vest over a period of three years subject to meeting performance measures and continuous employment with the company .
each performance right is to subscribe for one ordinary share upon vesting and when issued the shares will rank equally with other shares .
performance rights issued under the employee performance rights plan are valued on the same basis as those issued to kmp which is described in note 16-d .
1 .
the vesting date for rights granted on 2 july 2017 and 2 july 2018 is the date on which the board notifies the executive that the rights have vested after the outcomes for the measurement period have been determined and satisfaction of performance conditions have been assessed .
this is likely to be 31 august 2020 and 31 august 2021 respectively .
no performance rights vested or lapsed during the financial year .
the number of performance rights issued and outstanding at 30 june 2018 was 355316 consisting solely of the performance rights granted on 2 july 2017 .
the weighted average contractual life of outstanding performance rights at the end of the financial year is 1 .
77 years -2018 : 2 .
17 years .

Question: What is the Employee Performance Rights Plan?
Answer: awards are made to eligible executives and other management personnel who have an impact on the Group’s performance. Rights Plan awards are granted in the form of performance rights over shares, which vest over a period of three years subject to meeting performance measures and continuous employment with the Company. Each performance right is to subscribe for one ordinary share upon vesting and, when issued, the shares will rank equally with other shares.
Years Ended June 30,
Years Ended June 30,
Years Ended June 30,
($ in millions, except per share data)
2019
2018
2017
Net sales
$2,380.2
$2,157.7
$1,797.6
Net sales excluding surcharge revenue (1)
$1,942.1
$1,792.3
$1,558.4
Operating income
$241.4
$189.3
$121.5
Net income
$167.0
$188.5
$47.0
Diluted earnings per share
$3.43
$3.92
$0.99
Purchases of property, plant, equipment and software
$180.3
$135.0
$98.5
Free cash flow (1)
$(53.7)
$34.7
$(16.8)
Pounds sold (in thousands) (2)
267,536
265,620
236,346
business trends .
selected financial results for the past three fiscal years are summarized below : .
-1 see the section “ non-gaap financial measures ” below for further discussion of these financial measures .
-2 includes pounds from specialty alloys operations segment and certain performance engineered products segment businesses including dynamet carpenter powder products and lpw technology ltd .

Question: In which year was the diluted earnings per share largest?
Answer: 2018
Current
Long-Term  
Total 
CareSpeak Communications, Inc. 
$1,500,000
$1,500,000
$3,000,000
RMDY Health, Inc.  
-
3,720,000
3,720,000
Total 
$1,500,000
$5,220,000
$6,720,000
note 9 – contingent purchase price .
our purchase of carespeak communications contains a contingent element that will be paid only if the company achieves certain patient engagement revenues in 2019 and 2020 .
the total contingent payment may be up to $ 3 .
0 million .
the target patient engagement revenues were achieved in 2019 and are expected to be achieved in 2020 .
the calculated fair value of the contingent payment was $ 2365000 at december 31 2018 and $ 3000000 at december 31 2019 .
our purchase of rmdy health inc .
also contains a contingent element that will be paid only if the company achieves certain revenues in 2020 and 2021 related to the rmdy business .
the total contingent payment may be up to $ 30 .
0 million .
the minimum payment is $ 1 .
0 million in each of the two years .
the calculated fair value of the contingent payment was $ 3720000 at december 31 2019 .
we determined the fair value of the contingent purchase price payable at december 31 2019 using a geometric-brownian motion analysis of the expected revenue and resulting earnout payment using inputs that include the spot price a risk free rate of return of 1 .
4 % a term of 2 years and volatility of 40 % .
changes in the inputs could result in a different fair value measurement .
the total fair value of contingent purchase price payable at december 31 2019 is as follows .

Question: What is the proportion of total long-term fair value of contingent purchase price payable over total fair value of contingent purchase price payable?
Answer: 0.78
For the Year Ended December 31,
For the Year Ended December 31,
2019
2018
Cloud and related solutions
$896,164
$766,377
Software and services
52,364
58,101
Maintenance
48,282
50,581
Total revenues
$996,810
$875,059
disaggregation of revenues .
the nature amount timing and uncertainty of our revenue and how revenue and cash flows are affected by economic factors is most appropriately depicted by type of revenue as presented below -in thousands and by geographic region as presented in note 3 .

Question: What is the amount of cash flow pertaining to maintenance in 2019?
Answer: 48,282
March 31,
March 31,
2019
2018
Term Loan Credit Agreement (1)
$—
$318,782
TOKIN Term Loan Facility (2)
276,808
—
Customer Advances (3)
11,270
—
Other, net (4)
6,393
5,841
Total debt
294,471
324,623
Current maturities
(28,430)
(20,540)
Total long-term debt
$266,041
$304,083
note 3 : debt .
a summary of debt is as follows -amounts in thousands : .
-1 amount shown is net of discount bank issuance costs and other indirect issuance costs of $ 13 .
3 million as of march 31 2018 .
-2 amount shown is net of discount bank issuance costs and other indirect issuance costs of $ 8 .
7 million as of march 31 2019 .
-3 amount shown is net of discount of $ 2 .
1 million as of march 31 2019 .
-4 amounts shown are net of discounts of $ 0 .
6 million and $ 0 .
5 million as of march 31 2019 and 2018 respectively .

Question: Which years does the table provide information for the company's summary of debt?
Answer: 2019 2018
2019
2018
£m
£m
Sterling
5.8
4.1
Euro
0.1
0.2
Cash at bank and in hand
5.9
4.3
19 .
cash and cash equivalents .
cash at bank and in hand is denominated in the following currencies : .
cash balances with an original maturity of less than three months were held in current accounts during the year and attracted interest at a weighted average rate of 0 .
3 % -2018 : 0 .
3 % .

Question: What were the currencies in which cash at bank and in hand was denominated in?
Answer: Sterling Euro
Sep 30,
(in millions of €)
2019
2018
% Change
Short-term debt and current maturities of long-term debt
6,034
5,057
19 %
Trade payables
11,409
10,716
6 %
Other current financial liabilities
1,743
1,485
17 %
Contract liabilities
16,452
14,464
14 %
Current provisions
3,682
3,931
(6) %
Current income tax liabilities
2,378
3,102
(23) %
Other current liabilities
9,023
9,118
(1) %
Liabilities associated with assets classified as held for disposal
2
1
54 %
Total current liabilities
50,723
47,874
6 %
Long-term debt
30,414
27,120
12 %
Provisions for pensions and similar obligations
9,896
7,684
29 %
Deferred tax liabilities
1,305
1,092
19 %
Provisions
3,714
4,216
(12) %
Other financial liabilities
986
685
44 %
Other liabilities
2,226
2,198
1 %
Total non-current liabilities
48,541
42,995
13 %
Total liabilities
99,265
90,869
9 %
Debt ratio
66 %
65 %
Total equity attributable to shareholders of Siemens AG
48,125
45,474
6 %
Equity ratio
34 %
35 %
Non-controlling interests
2,858
2,573
11 %
Total liabilities and equity
150,248
138,915
8 %
a .
6 .
1 capital structure .
the increase in short-term debt and current maturities of long-term debt was due mainly to reclassifications of long-term euro and u .
s .
dollar instruments totaling € 3 .
9 billion from longterm debt .
this was partly offset by € 3 .
3 billion resulting from the repayment of u .
s .
dollar instruments .
the decrease in current income tax liabilities was driven mainly by the reversal of income tax provisions outside germany and tax payments in the context of the carve-out activities related to siemens healthineers .
long-term debt increased due primarily to the issuance of euro instruments totaling € 6 .
5 billion and currency translation effects for bonds issued in the u .
s .
dollar .
this was partly offset by the above-mentioned reclassifications of euro and u .
s .
dollar instruments .
the increase in provisions for pensions and similar obligations was due mainly to a lower discount rate .
this effect was partly offset by a positive return on plan assets among other factors .
the main factors for the increase in total equity attributable to shareholders of siemens ag were € 5 .
2 billion in net income attributable to shareholders of siemens ag ; the re-issuance of treasury shares of € 1 .
6 billion ; and positive other comprehensive income net of income taxes of € 0 .
4 billion resulting mainly from positive currency translation effects of € 1 .
8 billion partly offset by negative effects from remeasurements of defined benefit plans of € 1 .
1 billion .
this increase was partly offset by dividend payments of € 3 .
1 billion -for fiscal 2018 and the repurchase of 13532557 treasury shares at an average cost per share of € 99 .
78 totaling € 1 .
4 billion -including incidental transaction charges .

Question: What is the increase / (decrease) in total current liabilities from 2018 to 2019?
Answer: 2849
August 31, 2019
August 31, 2018
Contract liabilities
$511,329
$—
Deferred income
—
691,365
Accrued compensation and employee benefits
600,907
570,400
Obligation associated with securitization programs
475,251
—
Other accrued expenses
1,402,657
1,000,979
Accrued expenses
$2,990,144
$2,262,744
7 .
accrued expenses .
accrued expenses consist of the following -in thousands : .

Question: Which years does the table provide information for on accrued expenses?
Answer: 2019 2018
December 31,
December 31,
2019
2018
Trade accounts receivable, current
$378,616
$338,473
Income taxes receivable
1,571
916
Other
13,440
11,132
Receivables, gross
393,627
350,521
Less: Allowance for doubtful accounts
3,480
3,096
Receivables,net
$390,147
$347,425
Allowance for doubtful accounts as a percent of trade accounts receivable, current
0.9%
0.9%
note 9 .
receivables net .
receivables net consisted of the following -in thousands : .

Question: In which years is the amount of Receivables, net calculated?
Answer: 2019 2018
Year ended December 31 (in thousands)
Year ended December 31 (in thousands)
2019
2018
Foreign currency loss
$(83)
$(258)
Rental loss-net
(996)
(865)
Gain on sale of real estate
—
649
Fair value adjustment contingent consideration
—
450
Other
(424)
330
Other income, net
$(1,503)
$306
other income net .
the components of other income net from continuing operations for the years ended december 31 are as follows : .
in 2018 we recorded a $ 0 .
5 million adjustment to decrease the fair value of the company ' s contingent consideration related to the brink acquisition .
also during 2019 and 2018 the company incurred a net loss on rental contracts of approximately $ 1 .
0 million and $ 0 .
9 million respectively .

Question: What is the average Foreign currency loss for December 31, 2018 and 2019?
Answer: 170.5
Dry Bulk Vessel Operations for the Year Ended December 31, 2019
Logistics Business for the Year Ended December 31, 2019
Total for the Year Ended December 31, 2019
Revenue
$254,178
$228,271
$482,449
Administrative fee revenue from affiliates
16,991
—
16,991
Interest income
9,610
1,052
10,662
Interest expense and finance cost
(92,948)
(40,531)
(133,479)
Depreciation and amortization
(52,288)
(29,435)
(81,723)
Equity in net (losses)/earnings of affiliated companies
(9,185)
—
(9,185)
Net (loss)/ income attributable to Navios Holdings common
stockholders
(212,623)
20,513
(192,110)
Total assets
1,511,517
631,338
2,142,855
Goodwill
56,240
104,096
160,336
Capital expenditures
(36,628)
(7,943)
(44,571)
Investment in affiliates
64,352
—
64,352
Cash and cash equivalents
32,386
45,605
77,991
Restricted cash
736
—
736
Long-term debt, net (including current and noncurrent portion)
$1,048,318
$514,929
1,563,247
navios maritime holdings inc .
notes to the consolidated financial statements -expressed in thousands of u .
s .
dollars — except share data .
note 19 : segment information .
the company through august 30 2019 had three reportable segments from which it derived its revenues : dry bulk vessel operations logistics business and containers business .
the containers business became a reportable segment as a result of the consolidation of navios containers since november 30 2018 -date of obtaining control -see also note 3 .
following the reclassification of the results of navios containers as discontinued operations -see also note 3 the company currently has two reportable segments from which it derives its revenues : dry bulk vessel operations and logistics .
the reportable segments reflect the internal organization of the company and are strategic businesses that offer different products and services .
the dry bulk vessel operations consists of the transportation and handling of bulk cargoes through the ownership operation and trading of vessels .
the logistics business consists of operating ports and transfer station terminals handling of vessels barges and pushboats as well as upriver transport facilities in the hidrovia region .
the company measures segment performance based on net income / -loss attributable to navios holdings common stockholders .
inter-segment sales and transfers are not significant and have been eliminated and are not included in the following tables .
summarized financial information concerning each of the company ’ s reportable segments is as follows : .

Question: What was the total interest income for the year?
Answer: 10,662
Year Ended May 31,
Year Ended May 31,
Percent Change
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Provision for income taxes
$1,185
-87%
-86%
$8,837
Effective tax rate
9.7%
71.1%
provision for income taxes : our effective income tax rates for each of the periods presented were the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates .
in fiscal 2018 the tax act was signed into law .
the more significant provisions of the tax act as applicable to us are described above under “ impacts of the u .
s .
tax cuts and jobs act of 2017 ” .
refer to note 14 of notes to consolidated financial statements included elsewhere in this annual report for a discussion regarding the differences between the effective income tax rates as presented for the periods below and the u .
s .
federal statutory income tax rates that were in effect during these periods .
future effective income tax rates could be adversely affected by an unfavorable shift of earnings weighted to jurisdictions with higher tax rates by unfavorable changes in tax laws and regulations by adverse rulings in tax related litigation or by shortfalls in stock-based compensation realized by employees relative to stock-based compensation that was recorded for book purposes among others .
provision for income taxes decreased in fiscal 2019 relative to fiscal 2018 primarily due to the absence of the initial accounting charges related to the tax act that were recorded in fiscal 2018 .
to a lesser extent provision for income taxes also decreased in fiscal 2019 due to the net favorable impacts of our final accounting for the tax act in fiscal 2019 ; the net favorable impacts of the tax act on our tax profile during fiscal 2019 ; the favorable impact of a tax benefit arising from an increase in a deferred tax asset associated with a partial realignment of our legal structure in fiscal 2019 ; and lower income before provision for income taxes in fiscal 2019 .
these decreases to our provision for income taxes in fiscal 2019 relative to fiscal 2018 were partially offset both by lower excess tax benefits related to stock-based compensation expense in fiscal 2019 and by less favorable changes in net unrecognized tax benefits due to settlements with tax authorities and other events in fiscal 2019 relative to fiscal 2018 .

Question: By how much less was the provision for income taxes in 2019 compared to 2018?
Answer: 7652
FOR THE YEAR ENDED DECEMBER 31
NOTE
AROs
OTHER (1)
TOTAL
January 1, 2019
199
172
371
Additions
21
24
45
Usage
(4)
(52)
(56)
Reversals
(17)
(1)
(18)
Adoption of IFRS 16
–
(11)
(11)
December 31, 2019
199
132
331
Current
20
16
17
33
Non-current
25
183
115
298
December 31, 2019
199
132
331
note 23 provisions .
-1 other includes environmental vacant space and legal provisions .
aros reflect management ’ s best estimates of expected future costs to restore current leased premises to their original condition prior to lease inception .
cash outflows associated with our aro liabilities are generally expected to occur at the restoration dates of the assets to which they relate which are long-term in nature .
the timing and extent of restoration work that will be ultimately required for these sites is uncertain .

Question: What do the AROs reflect?
Answer: management’s best estimates of expected future costs to restore current leased premises to their original condition prior to lease inception
(dollars in millions) Increase/ (Decrease)
(dollars in millions) Increase/ (Decrease)
(dollars in millions) Increase/ (Decrease)
(dollars in millions) Increase/ (Decrease)
Years Ended December 31,
2019
2018
2019 vs. 2018
2019 vs. 2018
Provision for income taxes
$2,945
$ 3,584
$ (639)
(17.8)%
Effective income tax rate
13.0%
18.3%
provision for income taxes .
the effective income tax rate is calculated by dividing the provision for income taxes by income before income taxes .
the effective income tax rate for 2019 was 13 .
0 % compared to 18 .
3 % for 2018 .
the decrease in the effective income tax rate and the provision for income taxes was primarily due to the recognition of approximately $ 2 .
2 billion of a non-recurring tax benefit in connection with the disposition of preferred stock representing a minority interest in a foreign affiliate in 2019 compared to the non-recurring deferred tax benefit of approximately $ 2 .
1 billion as a result of an internal reorganization of legal entities within the historical wireless business which was offset by a goodwill charge that is not deductible for tax purposes in 2018 .
a reconciliation of the statutory federal income tax rate to the effective income tax rate for each period is included in note 12 to the consolidated financial statements .

Question: What is the change in Provision for income taxes from 2018 to 2019?
Answer: -639