FangyuLei/tatqa huggingface dataset:
Combined Pension Plan
Post-Retirement Benefit Plans
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2019
2018
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
Benefit obligation
$(12,217)
(11,594)
(3,037)
(2,977)
Fair value of plan assets
10,493
10,033
13
18
Unfunded status
(1,724)
(1,561)
(3,024)
(2,959)
Current portion of unfunded status
—
—
(224)
(252)
Non-current portion of unfunded status
$(1,724)
(1,561)
(2,800)
(2,707)
unfunded status .
the following table presents the unfunded status of the combined pension plan and post-retirement benefit plans : .
the current portion of our post-retirement benefit obligations is recorded on our consolidated balance sheets in accrued expenses and other current liabilities-salaries and benefits .

Question: What is the difference in the fair value of plan assets under the combined pension plan in 2019?
Answer: 460
(Dollars in thousands)
2019
2019
2018
2018
Change
Change
Cloud
$133,746
15%
82,627
9%
$51,119
62%
Term license
199,433
22%
178,256
20%
21,177
12%
Maintenance
280,580
30%
263,875
30%
16,705
6%
Subscription (1)
613,759
67%
524,758
59%
89,001
17%
Perpetual license
80,015
9%
109,863
12%
(29,848)
(27)%
Consulting
217,609
24%
256,960
29%
(39,351)
(15)%
$911,383
100%
$891,581
100%
$19,802
2%
results of operations .
revenue .
-1 reflects client arrangements -term license cloud and maintenance that are subject to renewal .
we expect our revenue mix to continue to shift in favor of our subscription offerings particularly cloud arrangements which could result in slower total revenue growth in the near term .
revenue from cloud arrangements is generally recognized over the service period while revenue from term and perpetual license arrangements is generally recognized upfront when the license rights become effective .
subscription revenue .
the increase in cloud revenue in 2019 reflects the shift in client preferences to cloud arrangements from other types of arrangements .
the increase in term license revenue in 2019 was due to several large multi-year term license contracts executed in 2019 .
this increase was partially offset by term license contracts with multi-year committed maintenance periods where a greater portion of the contract value is allocated to maintenance .
the increase in maintenance revenue in 2019 was primarily due to the continued growth in the aggregate value of the installed base of our software and strong renewal rates in excess of 90 % .
perpetual license .
the decrease in perpetual license revenue in 2019 reflects the shift in client preferences in favor of our subscription offerings particularly cloud arrangements .
consulting .
our consulting revenue fluctuates depending upon the mix of new implementation projects we perform as compared to those performed by our enabled clients or led by our partners .
see " our consulting revenue is significantly dependent upon our consulting personnel implementing new license and cloud arrangements " in item 1a of this annual report for additional information .
the decrease in consulting revenue in 2019 was primarily due to a decrease in billable hours .

Question: How is revenue from cloud arrangements recognised?
Answer: recognized over the service period
FY19
FY18
$m
$m
Operating cashflow
836.3
868.3
Tax
(128.6)
(194.5)
IRU / finance lease payments
(5.5)
(34.1)
Capex - BAU
(198.7)
(258.0)
Capex - mobile spectrum
(352.4)
(597.3)
Capex - mobile networks (Aus)
(86.1)
(38.7)
Capex - mobile networks (Sg)
(80.1)
(62.3)
Free cashflow
(15.1)
(316.6)
free cashflow .
the group achieved another year of strong cashflow performance with operating cashflow for fy19 of $ 836 .
3m again exceeding ebitda .
tax payments in fy19 were significantly lower than the prior year because fy18 included tax paid on the capital gain realised on the sale of investments in fy17 .
capital expenditure .
business as usual - ‘ bau ’ capital expenditure of $ 198 .
7m was $ 59 .
3m lower than last year principally due to the substantial completion in the prior year of the build for the vha fibre contract .
mobile spectrum capex of $ 352 .
4m in fy19 reflects the payment during the year of the second instalment for the australian 700mhz spectrum acquired at auction in april 2017 .
the first instalment of $ 597 .
3m was paid in fy18 and the third and final instalment of $ 352 .
4m is payable in january 2020 .
a further $ 86 .
1m of capex was also incurred in fy19 in relation to the australian mobile network rollout up until the project ceased .
this expenditure on spectrum and mobile assets in australia was partly impaired as part of the impairment review that was undertaken following the cessation of the project as described above .
capex for the mobile network build in singapore in fy19 was $ 80 .
1m taking the aggregate capex incurred on the project up to $ 147m -excluding spectrum .

Question: Which capital expenditures had increased from FY18 to FY19?
Answer: Capex - mobile networks (Aus) Capex - mobile networks (Sg)
FOR THE YEAR ENDED DECEMBER 31
2019
2018
Current taxes
Current taxes
(761)
(775)
Uncertain tax positions
6
8
Change in estimate relating to prior periods
22
12
Deferred taxes
Deferred taxes relating to the origination and reversal of temporary differences
(322)
(352)
Change in estimate relating to prior periods
(8)
8
Recognition and utilization of loss carryforwards
(106)
44
Effect of change in provincial corporate tax rate
27
–
Uncertain tax positions
9
60
Total income taxes
(1,133)
(995)
note 8 income taxes .
the following table shows the significant components of income taxes deducted from net earnings .

Question: What is the change in the change in estimate relating to prior periods for current taxes?
Answer: 10
United States
Foreign
(in thousands)
2020
$8,027
$1,237
2021
8,416
985
2022
9,163
982
2023
9,785
1,258
2024
10,558
1,098
2025-2029
59,665
6,129
expected future pension benefit payments .
future benefit payments are expected to be paid as follows : .

Question: What would the change in Expected Future Pension Benefit Payments under the United States in 2022 from 2021 be?
Answer: 747
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 is the difference in the amount of non-current provisions between AROs and Other?
Answer: 68
FY 2019
FY 2018
S$ million
S$ million
Value added from:
Operating revenue
17,372
17,268
Less: Purchases of goods and services
(10,307)
(9,716)
7,065
7,552
Other income
225
259
Interest and investment income (net)
38
45
Share of results of associates (post-tax)
1,563
1,804
Exceptional items (1)
68
1,895
1,894
4,003
Total value added
8,959
11,555
Distribution of total value added
To employees in wages, salaries and benefits
2,597
2,760
To government in income and other taxes
675
703
To providers of capital on:
- Interest on borrowings
393
390
- Dividends to shareholders
2,857
3,346
Total distribution
6,522
7,199
Retained in business
Depreciation and amortisation
2,222
2,250
Retained profits
238
2,127
Non-controlling interests
(23)
(21)
2,437
4,356
Total value added
8,959
11,555
Average Number of employees
24,071
25,614
group value added statements .
note : -1 fy 2018 included the gain on disposal of economic interest in netlink trust of s $ 2 .
03 billion .

Question: Which year had a higher total value added figure?
Answer: 2018
2015 Grant
2016 Grant
2017 Grant
2018 Grant
2019 Grant
Grant date
1st October
1st October
1st October
1st October
1st October
Exercise price
2,797.0p
4,477.3p
5,496.7p
7,240.0p
7,835.0p
Number of employees
1,038
1,040
1,229
1,294
1,318
Shares under scheme
34,449
22,173
22,411
16,687
16,820
Vesting period
3 years
3 years
3 years
3 years
3 years
Expected volatility
21%
21%
21%
19%
21%
Risk free interest rate
0.4%
0.1%
0.4%
0.8%
0.5%
Expected dividend yield
2.5%
2.5%
2.3%
2.0%
1.8%
Fair value
2,931.3p
4,696.7p
5,799.0p
7,623.7p
8,305.1p
employee share ownership plan .
uk employees are eligible to participate in the employee share ownership plan -esop .
the aim of the esop is to encourage increased shareholding in the company by all uk employees and so there are no performance conditions .
employees are invited to join the esop when an offer is made each year .
individuals save for 12 months during the accumulation period and subscribe for shares at the lower of the price at the beginning and the end of the accumulation period under hmrc rules .
the company provides a matching share for each share purchased by the individual .
shares issued under the esop have been measured using the present economic value -pev valuation methodology .
the relevant disclosures in respect of the employee share ownership plans are set out below .
the accumulation period for the 2019 esop ends in september 2020 therefore some figures are projections .

Question: In which grant year was the risk free interest rate the highest?
Answer: 2018
30 June 2019
30 June 2018
$'000
$'000
Trade payables
44,840
27,640
Accrued capital expenditure
5,841
1,767
Accrued expenses
2,848
2,114
Other creditors
3,117
2,888
Total trade and other payables
56,646
34,409
7 trade and other payables .
-i recognition and measurement .
trade and other payables including accruals are recorded when the group is required to make future payments as a result of purchases of assets or services provided to the group prior to the end of financial period .
the amounts are unsecured and are usually paid within 30 days of recognition .
trade and other payables are presented as current liabilities unless payment is not due within 12 months from the reporting date .
they are recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method .
-ii fair values of trade and other payables .
due to the short-term nature of trade and other payables their carrying amount is considered to be the same as their fair value .
-iii risk exposure .
as the majority of payables are in australian dollars management does not believe there are any significant risks in relation to these financial liabilities .
refer to note 15 for details of the group ’ s financial risk management policies .

Question: What was the percentage change in accrued expenses between 2018 and 2019?
Answer: 34.72
Year ended December 31,
Year ended December 31,
2018
2019
(EUR thousand)
Revenue
Revenue
United States
175,855
339,463
Europe
165,602
126,203
Asia
476,624
818,194
Total
818,081
1,283,860
note 21 .
revenue .
geographical information is summarized as follows : .
for geographical reporting the revenue is attributed to the geographical location in which the customer ’ s facilities are located .

Question: What are the regions presented in the table?
Answer: United States Europe Asia
2019
2018
€m
€m
Cost:
1 April
91,905
91,902
Capital contributions arising from share-based payments
137
130
Contributions received in relation to share-based payments
(92)
(127)
31 March
91,950
91,905
Amounts provided for:
1 April
8,177
7,911
Impairment losses
–
266
31 March
8,177
8,177
Net book value:
31 March
83,773
83,728
2 .
fixed assets .
accounting policies .
shares in group undertakings are stated at cost less any provision for impairment and capital related to share-based payments .
contributions in respect of share-based payments are recognised in line with the policy set out in note 7 “ share-based payments ” .
the company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable .
if any such indication of impairment exists the company makes an estimate of the recoverable amount .
if the recoverable amount of the cash-generating unit is less than the value of the investment the investment is considered to be impaired and is written down to its recoverable amount .
an impairment loss is recognised immediately in the income statement .
shares in group undertakings .

Question: Which financial years' information is shown in the table?
Answer: 2018 2019
Group
31 March
31 March
1 April
2019
2018
2017
S$ Mil
S$ Mil
S$ Mil
Unamortised deferred gain
446.3
452.7
1,616.5
Reclassification from ‘Associates’ (see Note 23)
(50.5)
(74.9)
(265.0)
Net deferred gain
395.8
377.8
1,351.5
Classified as –
Current
20.8
20.1
68.8
Non-current
375.0
357.7
1,282.7
395.8
377.8
1,351.5
31 .
net deferred gain -cont ’ d .
netlink trust - “ nlt ” is a business trust established as part of the info-communications media development authority of singapore ’ s effective open access requirements under singapore ’ s next generation nationwide broadband network .
in prior years singtel had sold certain infrastructure assets namely ducts manholes and exchange buildings - “ assets ” to nlt .
at the consolidated level the gain on disposal of assets recognised by singtel is deferred in the group ’ s statement of financial position and amortised over the useful lives of the assets .
the unamortised deferred gain is released to the group ’ s income statement when nlt is partially or fully sold based on the proportionate equity interest disposed .
singtel sold its 100 % interest in nlt to netlink nbn trust -the “ trust ” in july 2017 for cash as well as a 24 .
8 % interest in the trust .
net deferred gains of s $ 1 .
10 billion were correspondingly released to the group ’ s income statement in the previous financial year upon this sale .
following the divestment singtel ceased to own units in nlt but continues to have an interest of 24 .
8 % in the trust which owns all the units in nlt .
singtel sold its 100 % interest in nlt to netlink nbn trust -the “ trust ” in july 2017 for cash as well as a 24 .
8 % interest in the trust .
net deferred gains of s $ 1 .
10 billion were correspondingly released to the group ’ s income statement in the previous financial year upon this sale .
following the divestment singtel ceased to own units in nlt but continues to have an interest of 24 .
8 % in the trust which owns all the units in nlt .

Question: In which year has the highest % of the net deferred gain classified as current?
Answer: 2018
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Net income
$95,973
$127,980
$138,668
Interest expense
23,860
23,584
7,536
Tax expense (benefit)
(7,125)
5,534
—
Depreciation and amortization
7,304
4,478
3,983
Equity-based compensation expense(1)
13,769
6,054
4,253
Change in financial guarantee liability(2)
16,215
—
—
Transaction expenses(3)
11,345
2,393
2,612
Non-recurring expenses(4)
2,804
—
—
Adjusted EBITDA
$164,145
$170,023
$157,052
item 7 .
management ' s discussion and analysis of financial condition and results of operations -united states dollars in thousands except per share data and unless otherwise indicated .
adjusted ebitda has limitations as an analytical tool and should not be considered in isolation from or as a substitute for the analysis of other gaap financial measures such as net income .
some of the limitations of adjusted ebitda include : .
• it does not reflect our current contractual commitments that will have an impact on future cash flows ; • it does not reflect the impact of working capital requirements or capital expenditures ; and • it is not a universally consistent calculation which limits its usefulness as a comparative measure .
management compensates for the inherent limitations associated with using the measure of adjusted ebitda through disclosure of such limitations presentation of our financial statements in accordance with gaap and reconciliation of adjusted ebitda to the most directly comparable gaap measure net income as presented below .
-1 includes equity-based compensation to employees and directors as well as equity-based payments to non-employees .
-2 includes losses recorded in the fourth quarter of 2019 associated with the financial guarantee arrangement for a bank partner that did not renew its loan origination agreement when it expired in november 2019 .
see note 14 to the notes to consolidated financial statements included in item 8 for additional discussion of our financial guarantee arrangements .
-3 for the year ended december 31 2019 includes loss on remeasurement of our tax receivable agreement liability of $ 9 .
8 million and professional fees associated with our strategic alternatives review process of $ 1 .
5 million .
for the year ended december 31 2018 includes certain costs associated with our ipo which were not deferrable against the proceeds of the ipo .
further includes certain costs such as legal and debt arrangement costs related to our march 2018 term loan upsizing .
for the year ended december 31 2017 includes one-time fees paid to an affiliate of one of the members of the board of managers in conjunction with the august 2017 term loan transaction .
-4 for the year ended december 31 2019 includes -i legal fees associated with ipo related litigation of $ 2 .
0 million -ii one-time tax compliance fees related to filing the final tax return for the former corporate investors associated with the reorganization transactions of $ 0 .
2 million and -iii lien filing expenses related to certain bank partner solar loans of $ 0 .
6 million .

Question: What was the net income in 2019?
Answer: 95,973
Fiscal Year Ended August 31,
Fiscal Year Ended August 31,
Fiscal Year Ended August 31,
2019
2018
2017
Net revenue
$25,282,320
$22,095,416
$19,063,121
Gross profit
$1,913,401
$1,706,792
$1,545,643
Operating income
$701,356
$542,153
$410,230
Net income attributable to Jabil Inc
$287,111
$86,330
$129,090
Earnings per share – basic
$1.85
$0.50
$0.71
Earnings per share – diluted
$1.81
$0.49
$0.69
summary of results .
the following table sets forth for the periods indicated certain key operating results and other financial information -in thousands except per share data : .

Question: What was the percentage change in operating income between 2018 and 2019?
Answer: 29.36
2019
2018
Notes
£ million
£ million
Due within one year
Trade debtors
5.2
7.0
Owed by subsidiaries
13.7
9.6
Other debtors
0.2
0.7
Prepayments
0.4
0.6
Current tax asset
1.0
0.6
Deferred tax
13
–
1.3
Assets recognised from costs to obtain a contract
0.1
0.1
20.6
19.9
Due after one year
Defined benefit pension plan surplus
3
8.8
2.0
9 .
debtors .
the directors consider that the carrying amount of trade and other debtors approximates their fair value .
the company has no significant concentration of credit risk attributable to its trade debtors as the exposure is spread over a large number of customers .
assets recognised from costs to obtain a contract relate to capitalised incremental costs to obtain a contract being sales commissions arising on contracts with customers of more than one year in length .
no assets were impaired or derecognised during the current year or prior year .

Question: What was the change in the amount owed by subsidiaries?
Answer: 4.1
For the Years
Ended December 31,
2019
2018(1)
Net revenues
Product sales
$1,975
30%
$2,255
30%
Subscription, licensing, and other revenues
4,514
70
5,245
70
Total net revenues
6,489
100
7,500
100
Costs and expenses
Cost of revenues—product sales:
Product costs
656
33
719
32
Software royalties, amortization, and intellectual property licenses
240
12
371
16
Cost of revenues—subscription, licensing, and other
Game operations and distribution costs
965
21
1,028
20
Software royalties, amortization, and intellectual property licenses
233
5
399
8
Product development
998
15
1,101
15
Sales and marketing
926
14
1,062
14
General and administrative
732
11
822
11
Restructuring and related costs
132
2
10
—
Total costs and expenses
4,882
75
5,512
73
Operating income
1,607
25
1,988
27
Interest and other expense (income), net
(26)
—
71
1
Loss on extinguishment of debt (2)
—
—
40
1
Income before income tax expense
1,633
25
1,877
25
Income tax expense
130
2
29
—
Net income
$1,503
23%
$1,848
25%
consolidated statements of operations data .
the following table sets forth consolidated statements of operations data for the periods indicated -amounts in millions and as a percentage of total net revenues except for cost of revenues which are presented as a percentage of associated revenues : .
-1 during the three months ended march 31 2019 we identified an amount which should have been recorded in the three months and year ended december 31 2018 to reduce income tax expense by $ 35 million .
our statement of operations for the year ended december 31 2018 as presented above has been revised to reflect the correction .
see further discussion in note 2 of the notes to the consolidated financial statements included in item 8 of this annual report on form 10-k .
-2 represents the loss on extinguishment of debt we recognized in connection with our debt financing activities during the year ended december 31 2018 .
the loss on extinguishment is comprised of a $ 25 million premium payment and a $ 15 million write-off of unamortized discount and deferred financing costs .

Question: What was net income in 2018?
Answer: $1,848
Year-ended 31 March 2019
Year-ended 31 March 2018 Restated See note 2
$M
$M
Revenue
710.6
639.0
Net deferral of revenue (see note 23)
49.7
129.6
Billings
760.3
768.6
Currency revaluation
25.9
18.7
Constant currency billings
786.2
787.3
billings .
billings represent the value of products and services invoiced to customers after receiving a purchase order from the customer and delivering products and services to them or for which there is no right to a refund .
billings do not equate to statutory revenue .

Question: What was the change in Revenue in 2019 from 2018?
Answer: 71.6
As of December 31,
As of December 31,
As of December 31,
2019
2019
2018
(in thousands)
(in thousands)
Patents
$26,069
$26,069
Less accumulated amortization
(22,517)
(20,562)
Intangible assets, net
$3,552
$5,507
patents and intangible assets .
the company owns or possesses licenses to use its patents .
the costs of maintaining the patents are expensed as incurred .
the company and finjan blue entered into a patent assignment and support agreement -the “ patent assignment agreement ” with ibm effective as of august 24 2017 -see " note 7 - commitments and contingencies " .
pursuant to the patent assignment agreement finjan blue acquired select ibm patents in the security sector .
in accordance with asc 350-30-35-2 through 35-4 intangibles-goodwill and other the company determined that the useful life of the patents acquired under the patent assignment and support agreement should be amortized over the four-year term of the agreement .
on may 15 2018 finjan blue entered into a second agreement with ibm -the “ may 2018 patent assignment agreement ” .
pursuant to the may 2018 patent assignment agreement finjan blue acquired 56 select issued and pending ibm patents in the security sector .
the terms of the may 2018 patent assignment agreement are confidential .
in accordance with asc 350-30-35-2 through 35-4 intangibles-goodwill and other the company determined that the useful life of the patents acquired under the may 2018 patent assignment agreement should be amortized over five years as the covenants between the parties are effective for that period .
management did not identify any triggering events which would have necessitated an impairment change .
the components of these intangible assets are as follows : .
amortization expense for the years ended december 31 2019 2018 and 2017 was approximately $ 2 .
0 million $ 1 .
8 million and $ 0 .
8 million respectively .

Question: What is the change in net intangible assets between 2018 and 2019?
Answer: 1955