FangyuLei/tatqa huggingface dataset:
2019
2018
F19 LTI
F18 LTI
Grant date (1)
30 Nov 2018
31 Oct 2017
Performance period start date
1 Jul 2018
1 Jul 2017
Exercise date
1 Jul 2021
1 Jul 2020
Expected volatility (2)
15.0%
16.0%
Expected dividend yield
4.0%
4.0%
Risk-free interest rate
2.1%
1.9%
Weighted average fair value at grant date
$24.63
$20.23
share-based payments expense for the period was $ 62028117 -2018 : $ 57710434 .
the variables in the table below are used as inputs into the model to determine the fair value of performance rights .
-1 grant date represents the offer acceptance date .
-2 the expected volatility is based on the historical implied volatility calculated based on the weighted average remaining life of the performance rights adjusted for any expected changes to future volatility due to publicly available information .

Question: What is the average risk-free interest rate for 2018 and 2019?
Answer: 2
2019
2018
£m
£m
Performance Share Plan
5.1
4.7
Employee Share Ownership Plan
1.1
1.0
Total expense recognised in Income Statement
6.2
5.7
share-based payments .
disclosures of the share-based payments offered to employees are set out below .
more detail on each scheme is given in the annual report on remuneration 2019 on pages 102 to 132 .
the charge to the income statement in respect of share-based payments is made up as follows : .

Question: What is the total expense recognised in Income Statement in 2019?
Answer: 6.2
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: How many performance rights were issued and outstanding at 30 June 2018?
Answer: 355,316
Group
2019
2018
S$ Mil
S$ Mil
Operating expenses included the following:
Auditors' remuneration
- KPMG LLP, Singapore
2.4
-
- KPMG, Australia
1.2
-
- Other KPMG offices
1.3
-
- Deloitte & Touche LLP, Singapore
-
1.5
- Deloitte Touche Tohmatsu, Australia
-
1.2
- Other Deloitte & Touche offices
-
2.1
Non-audit fees (1) paid to
- KPMG LLP, Singapore
0.4
-
- KPMG, Australia
0.4
-
- Other KPMG offices
0.1
-
- Deloitte & Touche LLP, Singapore
- -
0.3
- Deloitte Touche Tohmatsu, Australia
-
0.3
- Other Deloitte & Touche offices
-
0.2
Impairment of trade receivables
121.8
128.0
Allowance for inventory obsolescence
1.1
7.1
Operating lease payments
437.2
470.7
5 .
5 other operating expense items .
note : -1 the non-audit fees for the current financial year ended 31 march 2019 included s $ 0 .
4 million and s $ 0 .
2million paid to kpmg llp singapore and kpmg australia in respect of tax services certification and review for regulatory purposes .
in the previous financial year the non-audit fees included s $ 0 .
2 million and s $ 0 .
3 million paid to deloitte & touche llp singapore and deloitte touche tohmatsu australia respectively in respect of tax services certification and review for regulatory purposes .
the audit committee had undertaken a review of the non-audit services provided by the auditors kpmg llp and in the opinion of the audit committee these services did not affect the independence of the auditors .
the audit committee had undertaken a review of the non-audit services provided by the auditors kpmg llp and in the opinion of the audit committee these services did not affect the independence of the auditors .

Question: What is the average impairment of trade receivables across the 2 years?
Answer: 124.9
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: Why is there still a balance of net deferred gain since Singtel sold its 100% interest in NLT to NetLink NBN Trust in July 2017?
Answer: 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
2019
2018
£m
£m
Fair value of scheme’s assets
59.5
56.4
Present value of funded scheme’s liabilities
(53.9)
(52.7)
Retirement benefit asset recognised in the Statement of Financial Position
5.6
3.7
Related deferred tax
(0.9)
(0.6)
Net pension asset
4.7
3.1
£ 1 .
5m -2018 : £ 1 .
4m of scheme assets have a quoted market price in an active market .
the actual return on plan assets was a gain of £ 5 .
5m -2018 : £ 1 .
0m loss .
the amounts recognised in the company statement of financial position are determined as follows : .

Question: What is the Fair value of scheme’s assets at 2019?
Answer: 59.5
2019
2018
Notes
$ million
$ million
Employee benefit costs
8
220.5
208.9
Costs of inventories recognised as an expense
81.6
79.8
Write-down of inventories to net realisable value
19
1.6
0.1
Amortisation of intangible assets
13
2.1
4.3
Depreciation of property, plant and equipment
14
14.7
16.5
Depreciation of right-of-use assets
15
7.5
–
Amortisation of assets recognised from costs to obtain a contract
21
0.5
0.6
Operating leases – minimum lease payments
–
8.5
Expenses relating to short-term leases and leases of low-value assets
26
0.3
–
Product development costs
96.5
96.9
Net foreign exchange loss
0.6
0.6
4 .
profit before tax .
the following items have been charged in arriving at profit before tax : .

Question: In which year was the amount of product development costs larger?
Answer: 2018
(Dollars in Millions)
April 27, 2019
April 28, 2018
Balance at Beginning of Fiscal Year
$1.4
$1.3
Increases for Positions Related to the Prior Years
1.8
—
Increases for Positions Related to the Current Year
0.9
0.1
Decreases for Positions Related to the Prior Years
—
—
Lapsing of Statutes of Limitations
(1.0)
—
Balance at End of Fiscal Year
$3.1
$1.4
unrecognized tax benefits .
the company operates in multiple jurisdictions throughout the world and the income tax returns of its subsidiaries in various jurisdictions are subject to periodic examination by the tax authorities .
the company regularly assesses the status of these examinations and the various outcomes to determine the adequacy of its provision for income taxes .
the amount of gross unrecognized tax benefits totaled $ 3 .
1 million and $ 1 .
4 million at april 27 2019 and april 28 2018 respectively .
these amounts represent the amount of unrecognized benefits that if recognized would favorably impact the effective tax rate if resolved in the company ’ s favor .
the following table presents a reconciliation of the beginning and ending amounts of unrecognized tax benefits : .
at april 27 2019 it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months .
the u .
s .
federal statute of limitations remains open for fiscal years ended on or after 2016 and for state tax purposes on or after fiscal year 2013 .
tax authorities may have the ability to review and adjust net operating losses or tax credits that were generated prior to these fiscal years .
in the major foreign jurisdictions fiscal 2012 and subsequent periods remain open and subject to examination by taxing authorities .
the continuing practice of the company is to recognize interest and penalties related to income tax matters in the provision for income taxes .
the company had $ 0 .
1 million accrued for interest and no accrual for penalties at april 27 2019 .

Question: In which year was Balance at End of Fiscal Year less than 2.0 million?
Answer: 2018
2019
2018
Audit fees (1)
$3,454,348
$3,589,147
Tax fees (2)
546,618
931,017
All other fees (3)
1,895
1,895
Total
$4,002,861
$4,522,059
principal accounting fees and services .
the following table sets forth fees for services provided by deloitte & touche llp the member firms of deloitte touche tohmatsu and their respective affiliates -collectively ‘ ‘ deloitte ’ ’ during fiscal 2019 and 2018 : .
-1 represents fees for professional services provided in connection with the integrated audit of our annual financial statements and internal control over financial reporting and review of our quarterly financial statements advice on accounting matters that arose during the audit and audit services provided in connection with other statutory or regulatory filings .
-2 represents tax compliance and related services .
-3 represents the annual subscription for access to the deloitte accounting research tool which is a searchable on-line accounting database .

Question: What are the types of principal accounting fees and services?
Answer: Audit fees Tax fees All other fees
Payments due by period
Payments due by period
Payments due by period
Payments due by period
Contractual Cash Obligations (1)
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
(in millions of U.S. dollars)
(in millions of U.S. dollars)
(in millions of U.S. dollars)
(in millions of U.S. dollars)
Long-term debt
$23
$6
$11
$6
Operating leases
3,840
688
1,114
792
1,246
Retirement obligations (2)
95
10
20
20
44
Purchase obligations and other commitments (3)
286
206
61
12
6
Total
$4,244
$910
$1,206
$830
$1,296
obligations and commitments .
as of august 31 2019 we had the following obligations and commitments to make future payments under contracts contractual obligations and commercial commitments : .
amounts in table may not total due to rounding .
the liability related to unrecognized tax benefits has been excluded from the contractual obligations table because a reasonable estimate of the timing and amount of cash outflows from future tax settlements cannot be determined .
for additional information see note 10 -income taxes to our consolidated financial statements under item 8 “ financial statements and supplementary data .
” .
amounts represent projected payments under certain unfunded retirement plans for former pre-incorporation partners .
given these plans are unfunded we pay these benefits directly .
these plans were eliminated for active partners after may 15 2001 .
other commitments include among other things information technology software support and maintenance obligations as well as other obligations in the ordinary course of business that we cannot cancel or where we would be required to pay a termination fee in the event of cancellation .
amounts shown do not include recourse that we may have to recover termination fees or penalties from clients .

Question: What is the total contractual cash obligation due in less than one year from long-term debt and operating leases?
Answer: 3863
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Reconciliation to consolidated net revenues:
Segment net revenues
$5,969
$6,835
$6,765
Revenues from non-reportable segments (1)
462
480
410
Net effect from recognition (deferral) of deferred net revenues (2)
101
238
(139)
Elimination of intersegment revenues (3)
(43)
(53)
(19)
Consolidated net revenues
$6,489
$7,500
$7,017
Reconciliation to consolidated income before income tax expense:
Segment operating income
$2,054
$2,446
$2,417
Operating income (loss) from non-reportable segments (1)
24
31
(19)
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2)
52
100
(71)
Share-based compensation expense
(166)
(209)
(178)
Amortization of intangible assets
(203)
(370)
(757)
Fees and other expenses related to the acquisition of King (4)
—
—
(15)
Restructuring costs (5)
(137)
(10)
(15)
Other non-cash charges (6)
—
—
(14)
Discrete tax-related items (7)
(17)
—
(39)
Consolidated operating income
1,607
1,988
1,309
Interest and other expense (income), net
(26)
71
146
Loss on extinguishment of debt
—
40
12
Consolidated income before income tax expense
$1,633
$1,877
$1,151
notes to consolidated financial statements -continued .
reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below -amounts in millions : .
-1 includes other income and expenses from operating segments managed outside the reportable segments including our distribution business .
also includes unallocated corporate income and expenses .
-2 reflects the net effect from recognition -deferral of deferred net revenues along with related cost of revenues on certain of our online-enabled products .
-3 intersegment revenues reflect licensing and service fees charged between segments .
-4 reflects fees and other expenses such as legal banking and professional services fees related to the acquisition of king and associated integration activities including related debt financings .
-5 reflects restructuring initiatives which include severance and other restructuring-related costs .
-6 reflects a non-cash accounting charge to reclassify certain cumulative translation gains -losses into earnings due to the substantial liquidation of certain of our foreign entities .
-7 reflects the impact of other unusual or unique tax-related items and activities .

Question: What was the percentage change in segment net revenues between 2018 and 2019?
Answer: -12.67
Land and buildings
Motor vehicles
Other machinery and equipment
Total
Balance January 1, 2019
23,579
1,488
620
25,687
Additions
6,475
1,588
16
8,079
Transfer from property, plant and equipment
459
–
–
459
Modifications and reassessments
75
31
(24)
82
Retirements
–
–
–
–
Depreciation for the year
(6,057)
(1,008)
(268)
(7,333)
Foreign currency translation effect
518
43
12
573
Balance December 31, 2019
25,049
2,142
356
27,547
note 2 .
right-of-use assets .
the company leases many assets including land buildings houses motor vehicles machinery and equipment .
leases typically run up to a period of 5 years some with an option to renew the lease after the end of the non-cancelable period .
lease payments are renegotiated on a periodic basis ; timing is depending on the region and type of lease .
the company has not entered into any sub-lease arrangements .
right-of-use assets .

Question: Which type of asset had the greatest depreciation for the year?
Answer: Land and buildings
€ million
2017/2018
2018/2019
Current service cost1
24
21
Net interest expenses2
11
9
Past service cost (incl. curtailments and changes)
0
0
Settlements
0
0
Other pension expenses
1
1
Pension expenses
36
31
the pension expenses of the direct and indirect company pension plan commitments can be broken down as follows : .
1 netted against employees ’ contributions .
2 included therein : interest effect from the adjustment of the asset ceiling .
the entire loss to be recognised outside of profit or loss in the other comprehensive income amounts to € 90 million in financial year 2018 / 19 .
this figure is comprised of the effect from the change in actuarial parameters in the amount of € + 247 million and the experience-based adjustments of € + 4 million .
it was offset by income from plan assets of € 103 million and a gain of € 58 million resulting from the change in the effect of the asset ceiling in the netherlands .
in addition to expenses from defined benefit commitments expenses for payments to external pension providers relating to defined contribution pension commitments of € 82 million in financial year 2018 / 19 -2017 / 18 : € 82 million were recorded .
these figures also include payments to statutory pension insurance .
the provisions for obligations similar to pensions essentially comprise commitments from employment anniversary allowances death benefits and partial retirement plans .
provisions amounting to € 34 million -30 / 9 / 2018 : € 41 million were allocated for these commitments .
the commitments are valued on the basis of actuarial expert opinions .
the valuation parameters used for this purpose are generally determined in the same way as for the company pension plan .

Question: In which year were the pension expenses larger?
Answer: 2018
Fiscal Year
Fiscal Year
Fiscal Year
($ in millions)
2018
2017
Net sales
$2,157.7
$1,797.6
Less: surcharge revenue
365.4
239.2
Net sales excluding surcharge revenue
$1,792.3
$1,558.4
Gross profit
$382.3
$300.8
Gross margin
17.7%
16.7%
Gross margin excluding surcharge revenue
21.3%
19.3%
gross profit .
gross profit in fiscal year 2018 increased to $ 382 .
3 million or 17 .
7 percent of net sales from $ 300 .
8 million or 16 .
7 percent of net sales for fiscal year 2017 .
excluding the impact of the surcharge revenue our gross margin in fiscal year 2018 was 21 .
3 percent compared to 19 .
3 percent in fiscal year 2017 .
the results reflect the impact of stronger demand and improved product mix coupled with operating cost improvements compared to fiscal year 2017 .
our surcharge mechanism is structured to recover increases in raw material costs although in certain cases with a lag effect as discussed above .
while the surcharge generally protects the absolute gross profit dollars it does have a dilutive effect on gross margin as a percent of sales .
the following represents a summary of the dilutive impact of the surcharge on gross margin .
we present and discuss these financial measures because management believes removing the impact of surcharge provides a more consistent and meaningful basis for comparing results of operations from period to period .
see the section “ non-gaap financial measures ” below for further discussion of these financial measures .

Question: What was the gross profit in 2018?
Answer: $382.3 million
Contractual Obligations
1 Year
2 to 3 Years
4 to 5 Years
More Than 5 Years
Total
Debt:
Principal payments
$—
$63,000
$—
$—
$63,000
Interest payments1
2,206
3,876
—
—
6,082
Unused line fee payments
126
222
—
—
348
Operating lease commitments
9,818
18,823
15,840
10,893
55,374
Subsidiary unit award liabilities2
141
—
—
—
141
Other long-term liabilities
—
4,375
2,513
601
7,489
Other commitments 3
624
290
—
—
914
Total contractual obligations
$12,915
$90,586
$18,353
$11,494
$133,348
contractual obligations .
presented below is information about our material contractual obligations and the periods in which those future payments are due as of december 31 2019 .
future events could cause actual payments to differ from these estimates .
as of december 31 2019 the following table summarizes our contractual obligations and the effect such obligations are expected to have on our liquidity and cash flow in future periods -in thousands : .
-1 the 2017 facility incurs interest at a variable rate .
the projected variable interest payments assume no change in the eurodollar base rate or libor from december 31 2019 .
-2 represents the current portion of our expected cash payments for our liability to repurchase subsidiary unit awards for our professional residential property management and vacation rental management subsidiary .
-3 represents amounts due under multi-year non-cancelable contracts with third-party vendors as well as other commitments .
the commitment amounts in the table above are associated with contracts that are enforceable and legally binding and that specify all significant terms including fixed or minimum services to be used fixed minimum or variable price provisions and the approximate timing of the actions under the contracts .
the table does not include obligations under agreements that we can cancel without a significant penalty .
as of december 31 2019 we had no outstanding letters of credit under our 2017 facility .

Question: What was unused line fee payments as a percentage of total contractual obligations across all periods?
Answer: 0.26
Purchase consideration per share
Aggregate
No. of shares
Highest
Lowest
consideration
Month of purchase in 2019
purchased
price paid
price paid
paid
HKD
HKD
HKD
August
362,200
327.00
312.40
116,330,916
September
2,294,500
351.00
323.60
776,104,729
October
830,000
327.80
317.40
268,272,462
Total:
3,486,700
1,160,708,107
during the year ended 31 december 2019 the company repurchased 3486700 shares on the stock exchange for an aggregate consideration of approximately hkd1 .
16 billion before expenses .
the repurchased shares were subsequently cancelled .
the repurchase was effected by the board for the enhancement of shareholder value in the long term .
details of the shares repurchased are as follows : .
save as disclosed above and in note 32 to the consolidated financial statements neither the company nor any of its subsidiaries has purchased sold or redeemed any of the company ’ s shares during the year ended 31 december 2019 .

Question: What percentage of total shares purchased is the September share purchase?
Answer: 65.81