FangyuLei/tatqa huggingface dataset:
2019
2018
Diluted earnings per share, as reported (GAAP)
$3.50
$0.38
Restructuring costs, net of tax 
0.05
—
U.S. Tax Reform 
0.23
2.46
Accumulated foreign earnings assertion 
(0.35)
One-time employee bonus, net of tax 
—
0.39
Diluted earnings per share, as adjusted (non-GAAP) (1)
$3.43
$3.23
diluted earnings per share .
diluted earnings per share for fiscal 2019 and 2018 as well as information as to the effects of special events that occurred in the indicated periods as previously discussed and detailed below were as follows -dollars in millions : .
-1 we believe the non-gaap presentation of diluted earnings per share excluding special tax items consisting of those related to tax reform and a change in our permanent reinvestment assertions related to undistributed earnings of two foreign subsidiaries as well as restructuring costs and the one-time employee bonus provide additional insight over the change from the comparative reporting periods by eliminating the effects of special or unusual items .
in addition the company believes that its diluted earnings per share as adjusted enhances the ability of investors to analyze the company ’ s operating performance and supplements but does not replace its diluted earnings per share calculated in accordance with u .
s .
gaap .
diluted earnings per share increased to $ 3 .
50 in fiscal 2019 from $ 0 .
38 in fiscal 2018 primarily as a result of increased net income due to the factors discussed above and a reduction in diluted shares outstanding due to repurchase activity under the company ' s stock repurchase plans .

Question: Which years did Diluted earnings per share, as adjusted (non-GAAP) exceed $3 million?
Answer: 2019 2018
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Net loss
$(52,250)
$(47,515)
$(19,634)
Interest and investment (income) expense, net
2,979
4,504
216
Provision for income taxes
425
796
47
Depreciation and amortization
19,671
13,693
10,207
Loss on extinguishment of convertible notes
1,406
—
—
Stock-based compensation
33,489
25,825
9,299
Adjusted EBITDA
$5,720
$(2,697)
$135
adjusted ebitda .
adjusted ebitda represents our net loss before interest and investment income net and interest expense provision for income taxes depreciation and amortization expense loss on extinguishment of convertible notes and stock-based compensation expense .
we do not consider these items to be indicative of our core operating performance .
the items that are non-cash include depreciation and amortization expense and stock-based compensation expense .
adjusted ebitda is a measure used by management to understand and evaluate our core operating performance and trends and to generate future operating plans make strategic decisions regarding the allocation of capital and invest in initiatives that are focused on cultivating new markets for our solutions .
in particular the exclusion of certain expenses in calculating adjusted ebitda facilitates comparisons of our operating performance on a period-to-period basis .
adjusted ebitda is not a measure calculated in accordance with gaap .
we believe that adjusted ebitda provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and board of directors .
nevertheless use of adjusted ebitda has limitations as an analytical tool and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under gaap .
some of these limitations are : -1 although depreciation and amortization are non-cash charges the capitalized software that is amortized will need to be replaced in the future and adjusted ebitda does not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements ; -2 adjusted ebitda does not reflect changes in or cash requirements for our working capital needs ; .
-3 adjusted ebitda does not reflect the potentially dilutive impact of equity-based compensation ; -4 adjusted ebitda does not reflect tax payments or receipts that may represent a reduction or increase in cash available to us ; and -5 other companies including companies in our industry may calculate adjusted ebitda or similarly titled measures differently which reduces the usefulness of the metric as a comparative measure .
because of these and other limitations you should consider adjusted ebitda alongside our other gaap-based financial performance measures net loss and our other gaap financial results .
the following table presents a reconciliation of adjusted ebitda to net loss the most directly comparable gaap measure for each of the periods indicated -in thousands : .

Question: What are the non-cash items included in Adjusted EBITDA?
Answer: depreciation and amortization expense and stock-based compensation expense.
2019
2018
Net earnings
3,253
2,973
Severance, acquisition and other costs
114
136
Depreciation
3,496
3,145
Amortization
902
869
Finance costs
Interest expense
1,132
1,000
Interest on post-employment benefit obligations
63
69
Other expense
13
348
Income taxes
1,133
995
Adjusted EBITDA
10,106
9,535
BCE operating revenues
23,964
23,468
Adjusted EBITDA margin
42.2%
40.6%
adjusted ebitda and adjusted ebitda margin .
the terms adjusted ebitda and adjusted ebitda margin do not have any standardized meaning under ifrs .
therefore they are unlikely to be comparable to similar measures presented by other issuers .
we define adjusted ebitda as operating revenues less operating costs as shown in bce ’ s consolidated income statements .
adjusted ebitda for bce ’ s segments is the same as segment profit as reported in note 3 segmented information in bce ’ s 2019 consolidated financial statements .
we define adjusted ebitda margin as adjusted ebitda divided by operating revenues .
we use adjusted ebitda and adjusted ebitda margin to evaluate the performance of our businesses as they reflect their ongoing profitability .
we believe that certain investors and analysts use adjusted ebitda to measure a company ’ s ability to service debt and to meet other payment obligations or as a common measurement to value companies in the telecommunications industry .
we believe that certain investors and analysts also use adjusted ebitda and adjusted ebitda margin to evaluate the performance of our businesses .
adjusted ebitda is also one component in the determination of short-term incentive compensation for all management employees .
adjusted ebitda and adjusted ebitda margin have no directly comparable ifrs financial measure .
alternatively the following table provides a reconciliation of net earnings to adjusted ebitda .

Question: What is the change in the adjusted EBITDA margin in 2019?
Answer: 1.6
2019
2018
2017
U.S.
55%
51%
55%
Asia
16%
21%
17%
Africa
8%
7%
7%
Europe
2%
2%
2%
Latin America
18%
17%
18%
our property business includes the operation of communications sites and managed networks the leasing of property interests and in select markets the operation of fiber and the provision of backup power through shared generators .
our presence in a number of markets at different relative stages of wireless development provides us with significant diversification and long-term growth potential .
our property segments accounted for the following percentage of consolidated total revenue for the years ended december 31 : .
communications sites .
approximately 95 % 96 % and 97 % of revenue in our property segments was attributable to our communications sites excluding das networks for the years ended december 31 2019 2018 and 2017 respectively .
we lease space on our communications sites to tenants providing a diverse range of communications services including cellular voice and data broadcasting mobile video and a number of other applications .
in addition in many of our international markets we receive pass-through revenue from our tenants to cover certain costs including power and fuel costs and ground rent .
our top tenants by revenue for each region are as follows for the year ended december 31 2019 : • u .
s .
: at & t inc .
- “ at & t ” ; verizon wireless ; t-mobile us inc .
- “ t-mobile ” ; and sprint corporation - “ sprint ” accounted for an aggregate of 89 % of u .
s .
property segment revenue .
t-mobile and sprint have announced plans to merge in 2020 .
• asia : vodafone idea limited ; bharti airtel limited - “ airtel ” ; and reliance jio accounted for an aggregate of 83 % of asia property segment revenue .
• africa : mtn group limited - “ mtn ” ; and airtel accounted for an aggregate of 74 % of africa property segment revenue .
• europe : telef ó nica s .
a - “ telef ó nica ” ; bouygues ; and free accounted for an aggregate of 70 % of europe property segment revenue .
• latin america : telef ó nica ; at & t ; and am é rica m ó vil accounted for an aggregate of 58 % of latin america property segment revenue .

Question: What was the approximate percentage of revenue in the company's property segments were attributable to their communication sites in 2018?
Answer: 96%
FOR THE YEAR ENDED DECEMBER 31
NOTE
2019
2018
Net assets of post-employment benefit plans
24
558
331
Long-term notes and other receivables
142
89
Derivative assets
26
200
68
Publicly-traded and privately-held investments
26
129
110
Investments (1)
128
114
Other
117
135
Total other non-current assets
1,274
847
note 18 other non-current assets .
-1 these amounts have been pledged as security related to obligations for certain employee benefits and are not available for general use .

Question: What is the change in the total other non-current assets in 2019? 
Answer: 427
Top Ten Shareholders*
Shareholding at the beginning of the year April 1, 2018
Shareholding at the beginning of the year April 1, 2018
Cumulative shareholding at end of the year March 31, 2019
Cumulative shareholding at end of the year March 31, 2019
No. of shares
% of total shares of the Company
No. of shares
% of total shares of the Company
1. Life Insurance Corporation of India
75,384,947
3.9
152,493,927
4.1
2. SBI Mutual Fund
7,056,720
0.4
21,680,561
0.6
3. First State Investments Icvc- Stewart Investors Asia Pacific Leaders Fund
15,054,489
0.8
19,248,438
0.5
4. Government of Singapore
6,497,754
0.3
18,028,475
0.5
5.Oppenheimer Developing Markets Fund
7,996,009
0.4
16,731,906
0.5
6.ICICI Prudential Life Insurance Company Ltd
3,886,141
0.2
16,139,316
0.4
7.Axis Mutual Fund Trustee Limited
4,055,256
0.2
15,244,614
0.4
8.Abu Dhabi Investment Authority
6,296,384
0.3
15,036,984
0.4
9. Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International Equity Index Funds
7,595,080
0.4
14,112,213
0.4
10. Vanguard Total International Stock Index Fund
6,179,273
0.3
13,978,944
0.4
iv shareholding pattern of top ten shareholders -other than directors promoters and holder of gdrs and adrs : .
* the shares of the company are traded on daily basis and hence the datewise increase / decrease in shareholding is not indicated .
shareholding is consolidated based on permanent account number -pan of the shareholder .

Question: At end of the year March 31 2019, how many cumulative shares do the top ten shareholders hold in total?
Answer: 302695378
Number of options
Weighted-Average Exercise Price
(in thousands)
Outstanding and Exercisable at December 31, 2018
543
$27.46
Exercised
(6)
11.38
Forfeited/Expired
(68)
24.78
Outstanding and Exercisable at December 31, 2019
469
28.04
stock options .
the following table summarizes activity involving stock option awards for the year ended december 31 2019 : .
the aggregate intrinsic value of our options outstanding and exercisable at december 31 2019 was less than $ 1 million .
the weighted-average remaining contractual term for such options was 0 .
18 years .
during 2019 we received net cash proceeds of less than $ 1 million in connection with our option exercises .
the tax benefit realized from these exercises was less than $ 1 million .
the total intrinsic value of options exercised for the years ended december 31 2019 2018 and 2017 was less than $ 1 million each year .

Question: What are the activity types involving stock option awards?
Answer: Exercised Forfeited/Expired
USDm
2019
2018
2017
Net Asset Value per share
Total vessel values including newbuildings (broker values)
1,801.5
1,675.1
1,661.1
Committed CAPEX on newbuildings
-51.2
-258.0
-306.9
Cash position
72.5
127.4
134.2
Loans receivables
4.6
-
-
Bunkers
34.8
39.4
33.2
Freight receivables
89.8
86.0
71.3
Other receivables
6.2
7.5
11.8
Other plant and operating equipment
4.3
3.0
1.9
Land and buildings
8.1
-
-
Investments in joint ventures
1.2
0.1
0.3
Prepayments
3.5
2.9
4.4
Borrowings
-863.4
-754.7
-753.9
Trade payables
-47.1
-35.1
-26.2
Other liabilities
-47.3
-36.5
-33.8
Current tax liabilities
-1.5
-1.0
-1.4
Total Net Asset Value (NAV)
1,016.0
856.1
796.0
Total number of shares excluding treasury shares (million)
74.4
73.9
62.0
Total Net Asset Value per share (NAV/share) (USD)
13.6
11.6
12.8
net asset value per share -nav / share : .
torm believes that the nav / share is a relevant measure that management uses to measure the overall development of the assets and liabilities per share .
such measure may not be comparable to similarly titled measures of other companies .
nav / share is calculated using broker values of vessels and excluding charter commitments .
nav / share is calculated as follows : .

Question: How is NAV/share calculated?
Answer: using broker values of vessels and excluding charter commitments
(in thousands of $)
2019
2018
Balances due (to)/from Golar Partners and its subsidiaries (iii)
(2,708)
4,091
Methane Princess lease security deposit movements (vii)
(2,253)
(2,835)
Total
(4,961)
1,256
receivables -payables : the balances with golar partners and subsidiaries as of december 31 2019 and 2018 consisted of the following : .
-iii interest income on short-term loan balances due-to / from golar partners and its subsidiaries - receivables and payables with golar partners and its subsidiaries comprise primarily of unpaid management fees and expenses for management advisory and administrative services dividends in respect of the hilli common units and other related party arrangements including the hilli disposal .
in addition certain receivables and payables arise when we pay an invoice on behalf of a related party and vice versa .
receivables and payables are generally settled quarterly in arrears .
balances owing to or due from golar partners and its subsidiaries are unsecured interest-free and intended to be settled in the ordinary course of business .
in november 2019 we loaned $ 15 .
0 million to golar partners with interest of libor plus 5 .
0 % .
the loan was fully repaid including interest of $ 0 .
1 million in december 2019 .
-vii methane princess lease security deposit movements - this represents net advances from golar partners since its ipo which correspond with the net release of funds from the security deposits held relating to a lease for the methane princess .
this is in connection with the methane princess tax lease indemnity provided to golar partners under the omnibus agreement .
accordingly these amounts will be settled as part of the eventual termination of the methane princess lease .

Question: Which year was the balances due (to)/from Golar Partners and its subsidiaries higher?
Answer: 2018
Years Ended
Years Ended
Years Ended
2019 vs. 2018
July 27, 2019
July 28, 2018
July 29, 2017
Variance in Dollars
Interest income
$1,308
$1,508
$1,338
$(200)
Interest expense
(859)
(943)
(861)
84
Interest income (expense), net
$449
$565
$477
$(116)
interest and other income -loss net .
interest income -expense net the following table summarizes interest income and interest expense -in millions : .
interest income decreased driven by a decrease in the average balance of cash and available-for-sale debt investments .
the decrease in interest expense was driven by a lower average debt balance partially offset by the impact of higher effective interest rates .

Question: What was the percentage change in the net interest income (expense) between 2018 and 2019?
Answer: -20.53
52 weeks ended
52 weeks ended
30 Mar 2019
31 Mar 2018
£m
£m
Sale of goods:
– Hovis
0.3
0.3
Sale of services:
– Hovis
0.7
0.7
– Nissin
0.2
0.1
Total sales
1.2
1.1
Purchase of goods:
– Hovis
6.3
11.9
– Nissin
10.3
7.1
Total purchases
16.6
19.0
the group ’ s associates are considered to be related parties .
as at 30 march 2019 the following are also considered to be related parties under the listing rules due to their shareholdings exceeding 10 % of the group ’ s total issued share capital : .
− nissin foods holdings co .
ltd .
- “ nissin ” is considered to be a related party to the group by virtue of its 19 .
47 % -2017 / 18 : 19 .
57 % equity shareholding in premier foods plc and of its power to appoint a member to the board of directors .
− oasis management company ltd - “ oasis ” is considered to be a related party to the group by virtue of its 11 .
99 % -2017 / 18 : 9 .
01 % equity shareholding in premier foods plc and of its power to appoint a member to the board of directors .
− paulson investment company llc - “ paulson ” is considered to be a related party to the group by virtue of its 11 .
98 % -2017 / 18 : 7 .
39 % equity shareholding in premier foods plc and of its power to appoint a member to the board of directors .
as at 30 march 2019 the group had outstanding balances with hovis .
total trade receivables was £ 0 .
9m -2017 / 18 : £ 0 .
5m and total trade payables was £ 0 .
6m -2017 / 18 : £ 2 .
5m .

Question: What was the hovis sale of goods in 2019?
Answer: 0.3
USDm
2019
2018
2017
Operating profit/(loss) (EBIT)
205.9
2.8
39.5
Tax
-0.8
-1.6
-0.8
EBIT less Tax
205.1
1.2
38.7
Invested capital, opening balance
1,469.4
1,406.0
1,387.7
Invested capital, ending balance
1,786.0
1,469.4
1,406.0
Average invested capital for the year
1,627.7
1,437.7
1,396.9
Return on Invested Capital (RoIC)
12.6%
0.1%
2.8%
alternative performance measures – continued .
return on invested capital -roic : torm defines roic as earnings before interest and tax -ebit less tax divided by the average invested capital for the period .
invested capital is defined below .
roic expresses the returns generated on capital invested in the group .
the progression of roic is used by torm to measure progress against our longer-term value creation goals outlined to investors .
roic is calculated as follows : .

Question: In which year was the Invested capital, opening balance the largest?
Answer: 2019
Years ended August 31,
2020 Guidelines(1)
2019
2018
Average cost of indebtedness(2)
4.4%
4.4%
4.4%
Fixed rate indebtedness(3)
78%
78%
72%
Average term: long-term debt (in years)
3.9
4.9
5.7
Net indebtedness(4) / adjusted EBITDA(5)
2.3
2.6
3.8
Adjusted EBITDA / financial expense(5)
N/A (6)
6.3
5.4
8 .
1 capital structure .
the table below summarizes debt-related financial ratios over the last two fiscal years and the fiscal 2020 guidelines : .
-1 based on mid-range guidelines .
-2 excludes amortization of deferred transaction costs and commitment fees but includes the impact of interest rate swaps .
potential variations in the us libor rates in fiscal 2020 have not been considered .
-3 taking into consideration the interest rate swaps in effect at the end of each fiscal year .
-4 net indebtedness is defined as the aggregate of bank indebtedness balance due on business combinations and principal on long-term debt less cash and cash equivalents .
-5 adjusted ebitda and financial expense for fiscal year 2018 include only eight months of metrocast operations .
-6 specific guidance on interest coverage cannot be provided given that financial expense guidance is not provided .
in fiscal 2019 the financial leverage ratio relating to net indebtedness over adjusted ebitda has declined as a result of the sale of cogeco peer 1 on april 30 2019 for a net cash consideration of $ 720 million and to a lesser extent growing adjusted ebitda and a reduction in net indebtedness from generated free cash flow .
in fiscal 2020 prior to the adoption of ifrs 16 leases the financial leverage ratio relating to net indebtedness over adjusted ebitda should continue to decline as a result of growing adjusted ebitda and a projected reduction in net indebtedness from generated free cash flow .

Question: What was the average Net indebtedness / adjusted EBITDA for Fiscal 2019 and 2020?
Answer: 2.45
2019
2018
All figures in USD ‘000    
Vessels as of January 1  
1,307,087
1,769,967
Additions Vessels  
2,531
169,446
Disposals Vessels  
-
(632,326)
Drydocking as of January 1  
52,331
119,303
Additions Drydocking  
7,618
8,210
Disposals Drydocking  
-
(75,182)
Total Vessels and Drydocking  
1,369,567
1,359,418
Less Accumulated Depreciation  
(469,570)
(405,660)*
Less Accumulated Impairment Loss on Vessels
-
-**
Vessels  
899,997
953,758
4 .
vessels .
vessels consists of the carrying value of 23 vessels for the year ended december 31 2019 and december 31 2018 respectively .
vessels includes capitalized drydocking costs .
depreciation is calculated based on cost less estimated residual value of $ 8 .
0 million per vessel over the estimated useful life of the vessel using the straight-line method .
the estimated useful life of a vessel is 25 years from the date the vessel is delivered from the shipyard .
* depreciation charges of $ 497 .
0 million related to vessels disposed of in 2018 is excluded .
* * impairment charges of $ 2 .
2 million and $ 110 .
5 million related to vessels disposed of in 2018 is excluded .
the company has taken three vessels through periodical maintenance surveys in 2019 and further two vessels were in drydock for periodical maintenance as at december 31 2019 .
impairment loss on vessels .
the company has not recorded any impairment loss on vessels for the year ended december 31 2019 .
the company recorded an impairment loss of $ 2 .
2 million and $ 110 .
5 million for the years ended december 31 2018 and december 31 2017 respectively .
the company reviewed its assets for impairment on an asset by asset basis .
in determining whether the assets are recoverable the company compared the estimate of the undiscounted cash flows expected to be generated by the assets to its carrying value .
as of december 31 2019 it was determined that the sum of the undiscounted cash flows for each vessel exceeded its carrying value and no impairment was recorded .
in developing estimates of future undiscounted cash flows we made assumptions and estimates based on historical trends as well as future expectations .
the most important assumption in determining undiscounted cash flows are the estimated freight rates .
freight rates are volatile and the analysis is based on market rates obtained from third parties in combination with historical achieved rates by the company .

Question: What are the respective values excluded from the Accumulated Impairment Loss on Vessels?
Answer: Impairment charges of $2.2 million $110.5 million related to vessels disposed of in 2018