FangyuLei/tatqa huggingface dataset:
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: What have the items in the table been charged in arriving at?
Answer: profit before tax
2019
2018
£ million
£ million
Current
0.7
0.3
Non-current
0.1
0.8
0.8
1.1
12 .
government grants .
the following government grants are included within creditors : .
a government grant has been received to accelerate and support research and development in the vulnerability of global navigation satellite systems .

Question: What was the percentage change in the amount of current government grants?
Answer: 133.33
Year Ended June 30,
Year Ended June 30,
Year Ended June 30,
2019
2018
2017
Revenues:
Canada
$153,890
$149,812
$227,115
United States
1,490,863
1,425,244
1,090,049
United Kingdom
182,815
201,821
159,817
Germany
203,403
198,253
166,611
Rest of Europe
534,204
517,693
394,132
All other countries
303,580
322,418
253,333
Total revenues
$2,868,755
$2,815,241
$2,291,057
note 19 — segment information .
asc topic 280 “ segment reporting ” -topic 280 establishes standards for reporting by public business enterprises information about operating segments products and services geographic areas and major customers .
the method of determining what information under topic 280 to report is based on the way that an entity organizes operating segments for making operational decisions and how the entity ’ s management and chief operating decision maker -codm assess an entity ’ s financial performance .
our operations are analyzed by management and our codm as being part of a single industry segment : the design development marketing and sales of enterprise information management software and solutions .
the following table sets forth the distribution of revenues by significant geographic area for the periods indicated : .

Question: What is the difference between total revenue for fiscal year 2019 and 2018?
Answer: 53514
2018
2019
METRO
92,603
89,574
METRO Germany
13,711
13,606
METRO Western Europe (excl.Germany)
27,207
27,227
METRO Russia
13,960
12,357
METRO Eastern Europe (excl.Russia)
29,060
28,375
METRO Asia
8,665
8,009
Others
7,008
7,152
METROAG
909
880
Total
100,520
97,606
development of employee numbers by segments .
by headcount1 as of closing date of 30 / 9 .
1 excluding metro china .

Question: What is excluded in the headcount as of closing date of 30/9?
Answer: METRO China.
Years Ended June 30,
Years Ended June 30,
Years Ended June 30,
($ in millions)
2019
2018
2017
Pension plans
$9.8
$11.3
$45.8
Other postretirement plans
1.8
2.9
2.6
Net periodic benefit costs
$11.6
$14.2
$48.4
net pension expense .
net pension expense as we define it below includes the net periodic benefit costs related to both our pension and other postretirement plans .
the net periodic benefit costs are determined annually based on beginning of year balances and are recorded ratably throughout the fiscal year unless a significant re-measurement event occurs .
the following is a summary of the net periodic benefit costs for the years ended june 30 2019 2018 and 2017 : .
in september 2016 we announced changes to retirement plans we offer to certain employees .
benefits accrued to eligible participants of our largest qualified defined benefit pension plan and certain non-qualified pension plans were frozen effective december 31 2016 .
approximately 1900 affected employees were transitioned to the company ’ s 401-k plan that has been in effect for eligible employees since 2012 when the pension plan was closed to new entrants .
we recognized the plan freeze during fiscal year 2017 as a curtailment since it eliminated the accrual for a significant number of participants for all of their future services .
we also made a voluntary pension contribution of $ 100 .
0 million to the affected plan in october 2016 .
the service cost component of net pension expense represents the estimated cost of future pension liabilities earned associated with active employees .
the pension earnings interest and deferrals - “ pension eid ” is comprised of the expected return on plan assets interest costs on the projected benefit obligations of the plans and amortization of actuarial gains and losses and prior service costs .

Question: What does net pension expense include?
Answer: includes the net periodic benefit costs related to both our pension and other postretirement plans.
Years Ended
Years Ended
Years Ended
2019 vs. 2018
July 27, 2019
July 28, 2018
July 29, 2017
Variance in Dollars
Gains (losses) on investments, net:
Available-for-sale debt investments
$(13)
$(242)
$(42)
$229
Marketable equity investments
(3)
529
(45)
(532)
Non-marketable equity and other investments
6
11
(46)
(5)
Net gains (losses) on investments
(10)
298
(133)
(308)
Other gains (losses), net
(87)
(133)
(30)
46
Other income (loss), net
$(97)
$165
$(163)
$(262)
other income -loss net the components of other income -loss net are summarized as follows -in millions : .
the total change in net gains -losses on available-for-sale debt investments was primarily attributable to lower realized losses as a result of market conditions and the timing of sales of these investments .
the total change in net gains -losses on marketable equity investments was attributable to market value fluctuations and the timing of recognition of gains and losses .
the change in net gains -losses on non-marketable equity and other investments was primarily due to lower realized gains partially offset by higher unrealized gains .
the change in other gains -losses net was primarily driven by higher donation expense in the prior year .

Question: What was the  total change in net gains (losses) on marketable equity investments attributable to?
Answer: market value fluctuations and the timing of recognition of gains and losses.
December 28, 2019
Amortized Cost  
Gains  
Losses  
Fair Value  
U.S. Treasuries
$10,458
$11
$—
$10,469
Commercial paper
3,914
1
(4)
3,911
Corporate bond
33,867
68
(7)
33,928
Certificate of deposit
3,584
5
—
3,589
Agency securities
24,408
38
(16)
24,430
$76,231
$123
$(27)
$76,327
December 29, 2018
Amortized Cost
Gains
Losses
Fair Value
U.S. Treasuries
$7,997
$1
$(1)
$7,997
Commercial paper
2,296
—
(1)
2,295
Corporate bond
30,833
1
(160)
30,674
Certificate of deposit
960
—
(3)
957
Agency securities
8,667
—
(59)
8,608
$50,753
$2
$(224)
$50,531
marketable securities .
marketable securities consisted of the following -in thousands : .
we classify our marketable securities as available-for-sale .
all marketable securities represent the investment of funds available for current operations notwithstanding their contractual maturities .
such marketable securities are recorded at fair value and unrealized gains and losses are recorded in accumulated other comprehensive income -loss until realized .
we typically invest in highly-rated securities with low probabilities of default .
our investment policy requires investments to be rated single a or better limits the types of acceptable investments concentration as to security holder and duration of the investment .
the gross unrealized gains and losses in fiscal 2019 and 2018 were caused primarily by changes in interest rates .
the longer the duration of marketable securities the more susceptible they are to changes in market interest rates and bond yields .
as yields increase those securities with a lower yield-at-cost show a mark-to-market unrealized loss .
we anticipate recovering the full cost of the securities either as market conditions improve or as the securities mature .
accordingly we believe that the unrealized losses are not other-than-temporary .
when evaluating the investments for otherthan- temporary impairment we review factors such as the length of time and extent to which fair value has been below the amortized cost basis current market liquidity interest rate risk the financial condition of the issuer and credit rating downgrades .
as of december 28 2019 and december 29 2018 gross unrealized losses related to our marketable securities portfolio were not material .

Question: How is marketable securities classified?
Answer: We classify our marketable securities as available-for-sale.
All amounts in USD ‘000 
2019
2018
2017
Spot charter revenues*
283,007
259,978
257,495
Time charter revenues  
34,213
29,038
39,646
Total Voyage Revenues  
317,220
289,016
297,141
3 .
voyage revenues .
our voyage revenues consist of time charter revenues and spot charter revenues with the following split : .
* spot charter revenues for 2019 and 2018 are presented in accordance we asc 606 revenue from contracts with customers .
the comparative information for 2017 has not been restated .

Question: What is the value of the 2019 time charter revenues as a percentage of the 2018 time charter revenues?
Answer: 117.82
Fiscal Year Ended January 31,
Fiscal Year Ended January 31,
Fiscal Year Ended January 31,
Fiscal Year Ended January 31,
Fiscal Year Ended January 31,
2019 (1)
2018
2017
2016
2015
(In millions, except per share data)
(In millions, except per share data)
(In millions, except per share data)
(In millions, except per share data)
(In millions, except per share data)
For the fiscal year:
Net revenue
$2,569.8
$2,056.6
$2,031.0
$2,504.1
$2,512.2
(Loss) income from operations
(25.0)
(509.1)
(499.6)
1.3
120.7
Net (loss) income
(80.8)
(566.9)
(582.1)
(330.5)
81.8
Cash flow from operations
$377.1
$0.9
$169.7
$414.0
$708.6
Common stock data:
Basic net (loss) income per share
$(0.37)
$(2.58)
$(2.61)
$(1.46)
$0.36
Diluted net (loss) income per share
$(0.37)
$(2.58)
$(2.61)
$(1.46)
$0.35
At year end:
Total assets
$4,729.2
$4,113.6
$4,798.1
$5,515.3
$4,909.7
Long-term liabilities
2,638.9
2,246.4
1,879.1
2,304.7
1,290.4
Stockholders’ (deficit) equity
$(210.9)
$(256.0)
$733.6
$1,619.6
$2,219.2
item 6 .
selected financial data .
the following selected consolidated financial data is not necessarily indicative of results of future operations and should be read in conjunction with item 7 “ management ' s discussion and analysis of financial condition and results of operations ” and the consolidated financial statements and related notes thereto included in item 8 of this form 10-k to fully understand factors that may affect the comparability of the information presented below .
the financial data for the fiscal years ended january 31 2019 and 2018 are derived from and are qualified by reference to the audited consolidated financial statements that are included in this form 10-k .
the consolidated statements of operations and the consolidated statements of cash flows data for the fiscal year ended january 31 2017 are derived from and are qualified by reference to the audited consolidated financial statements that are included in this form 10-k .
the consolidated balance sheet data for the fiscal year ended january 31 2017 and the remaining financial data for the fiscal years ended january 31 2016 and 2015 are derived from audited consolidated financial statements which are not included in this form 10-k .
-1 reflects the impact of the adoption of new accounting standards in fiscal year 2019 related to revenue recognition .
see part ii item 8 note 1 business and summary of significant accounting policies accounting standards adopted of our consolidated financial statements for additional information .

Question: What other statements or information should be read together with the financial table?
Answer: Item 7, “Management's Discussion and Analysis of Financial Condition and Results of Operations,” and the consolidated financial statements and related notes thereto included in Item 8 of this Form 10-K
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
(In millions)
2019
2018
2017
Net periodic benefit (income) cost:
U.S. and international net periodic benefit cost included in cost of sales(1)
$ 1.1
$ 0.8
$ 1.4
U.S. and international net periodic benefit cost included in selling, general and administrative expenses
2.8
3.5
5.6
U.S. and international net periodic benefit (income) included in other (income) expense
(4.4)
(8.4)
(6.0)
Total benefit (income) cost
(0.5 )
(4.1 )
$ 1.0
defined benefit pension plans .
we recognize the funded status of each defined pension benefit plan as the difference between the fair value of plan assets and the projected benefit obligation of the employee benefit plans in the consolidated balance sheets with a corresponding adjustment to accumulated other comprehensive loss net of taxes .
each overfunded plan is recognized as an asset and each underfunded plan is recognized as a liability on our consolidated balance sheets .
subsequent changes in the funded status are reflected on the consolidated balance sheets in unrecognized pension items a component of aocl which are included in total stockholders ’ deficit .
the amount of unamortized pension items is recorded net of tax .
we have amortized actuarial gains or losses over the average future working lifetime -or remaining lifetime of inactive participants if there are no active participants .
we have used the corridor method where the corridor is the greater of ten percent of the projected benefit obligation or fair value of assets at year end .
if actuarial gains or losses do not exceed the corridor then there is no amortization of gain or loss .
during the year ended december 31 2017 several of our pension plans transferred in the sale of diversey .
two international plans were split between diversey and sealed air at the close of the sale .
unless noted the tables in this disclosure show only activity related to plans retained by sealed air .
the following table shows the components of our net periodic benefit cost for the three years ended december 31 for our pension plans charged to operations : .
-1 the amount recorded in inventory for the years ended december 31 2019 2018 and 2017 was not material .

Question: How was amortization of actuarial gains or losses over the average future working lifetime (or remaining lifetime of inactive participants if there are no active participants)?
Answer: the corridor method, where the corridor is the greater of ten percent of the projected benefit obligation or fair value of assets at year end. If actuarial gains or losses do not exceed the corridor, then there is no amortization of gain or loss.
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
Cost of revenue
$149,215
$144,349
$142,867
Gross profit
$427,308
$393,542
$339,118
Gross margin
74.1%
73.2%
70.4%
cost of revenue gross profit and gross margin .
cost of revenue increased $ 4 .
9 million or 3 % in 2019 as compared to 2018 .
the increase in cost of revenue was primarily due to $ 12 .
1 million in increased personnel expenses stock-based compensation and overhead costs $ 3 .
9 million in increased content costs $ 3 .
6 million in increased amortization of acquired intangible assets and $ 1 .
6 million in increased capitalized software amortization .
these increased costs were partially offset by $ 16 .
4 million in decreased external implementation professional service costs .
these costs were incurred to service our existing customers and support our continued growth .
the improvement in gross margin was primarily due to a higher mix of subscription revenue which carries a higher gross margin .
cost of revenue increased $ 1 .
5 million or 1 % in 2018 as compared to 2017 .
the increase in cost of revenue was primarily due to $ 6 .
0 million in increased capitalized software amortization and $ 4 .
5 million in increased content costs .
these increased costs were partially offset by $ 6 .
6 million in decreased amortization of acquired intangible assets and $ 2 .
9 million in external implementation service costs .
these costs were incurred to service our existing customers and support our continued growth .
the improvement in gross margin was primarily due to a higher mix of subscription revenue which carries a higher gross margin .

Question: What was the percentage change in gross profit between 2018 and 2019?
Answer: 8.58
Q1
Q2
Q3
Q4
Days
Days
Days
Days
2018
90
91
91
93
2019
89
91
91
94
2020
88
91
91
96
under article 35 of our articles of association our financial year extends from january 1 to december 31 which is the period end of each fiscal year .
in 2019 the first quarter ended on march 30 the second quarter ended on june 29 the third quarter ended on september 28 and the fourth quarter ended on december 31 .
in 2020 the first quarter will end on march 28 the second quarter will end on june 27 the third quarter will end on september 26 and the fourth quarter will end on december 31 .
based on our fiscal calendar the distribution of our revenues and expenses by quarter may be unbalanced due to a different number of days in the various quarters of the fiscal year and can also differ from equivalent prior years ’ periods as illustrated in the below table for the years 2018 2019 and 2020 .

Question: What is the increase/ (decrease) in Q4 days from 2018 to 2020?
Answer: 3
2019
2018
£m
£m
Net debt
295.2
235.8
IFRS 16 lease liabilities
38.9
–
Net debt and IFRS 16 lease liabilities
334.1
235.8
net debt including ifrs 16 lease liabilities .
a reconciliation between net debt and net debt including ifrs 16 lease liabilities is given below .
a breakdown of the balances that are included within net debt is given within note 24 .
net debt excludes ifrs 16 lease liabilities to enable comparability with prior years .

Question: Where is the breakdown of the balances that are included within net debt given?
Answer: within Note 24
December 31, 2019
Customer Relationships
Developed Technologies
Trade Name
Total
Gross carrying amount
$52,000
32,000
3,000
87,000
Accumulated amortization
(13,866)
(18,286)
(3,000)
(35,152)
Intangible assets, net
$38,134
$13,714
$—
$51,848
note 9 .
intangible assets net .
the company ’ s definite-lived intangible assets as of december 31 2019 and 2018 consisted of the following : .
amortization of definite-lived intangible assets is provided over their estimated useful lives on a straight-line basis or the pattern in which economic benefits are consumed if reliably determinable .
the company reviews its definite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable .
amortization expense from continuing and discontinued operations was $ 8879 and $ 9150 for the years ended december 31 2019 and 2018 respectively .

Question: What is the average gross carrying amounts of Trade Name and Developed Technologies in 2019?
Answer: 17500
Fiscal 2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Total
Net sales
$1,212.5
$1,432.5
$1,374.7
$1,329.8
$5,349.5
Gross profit
$642.0
$689.3
$779.6
$820.5
$2,931.3
Operating income
$132.3
$102.7
$194.7
$284.6
$714.3
Net income from continuing operations
$35.7
$96.3
$49.2
$174.7
$355.9
Diluted net income per common share
$0.14
$0.38
$0.20
$0.70
$1.42
note 21 .
quarterly results -unaudited .
the following table presents the company ' s selected unaudited quarterly operating results for the eight quarters ended march 31 2019 .
the company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results -in millions except per share amounts .
amounts may not add to the total due to rounding : .
refer to note 11 income taxes for an explanation of the one-time transition tax recognized in the third quarter of fiscal 2018 .
refer to note 4 special charges and other net for an explanation of the special charges included in operating income in fiscal 2019 and fiscal 2018 .
refer to note 12 debt and credit facility for an explanation of the loss on settlement of debt included in other -loss income net of $ 4 .
1 million during the second quarter $ 0 .
2 million during the third quarter and $ 8 .
3 million during the fourth quarter of fiscal 2019 and $ 13 .
8 million and $ 2 .
1 million for the first quarter and third quarter of fiscal 2018 respectively .
refer to note 5 investments for an explanation of the impairment recognized on available-for-sale securities in the fourth quarter of fiscal 2018 .

Question: What was the operating income in the first quarter?
Answer: 132.3
USDm
2019
2018
2017
Total staff costs
Staff costs included in operating expenses
8.1
9.3
9.2
Staff costs included in administrative expenses
37.7
36.9
34.6
Total
45.8
46.2
43.8
Staff costs comprise the following
Wages and salaries
37.2
38.1
36.4
Share-based compensation
1.9
2.1
1.9
Pension costs
3.5
3.3
3.1
Other social security costs
0.9
0.6
0.3
Other staff costs
2.3
2.1
2.1
Total
45.8
46.2
43.8
Average number of permanent employees
Seafarers
107.6
111.7
130.6
Land-based
313.5
302.2
286.6
Total
421.1
413.9
417.2
note 3 – staff costs .
employee information .
the majority of the staff on vessels are not employed by torm .
staff costs included in operating expenses relate to the 108 seafarers -2018 : 112 2017 : 131 .
the average number of employees is calculated as a full-time equivalent -fte .
the executive director is in the event of termination by the company entitled to a severance payment of up to 12 months ' salary .

Question: How is the average number of employees calculated?
Answer: as a full-time equivalent (FTE)
September 30,
2019
2018
Series A senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35%
$  50,000
$  50,000
Series B senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35%
50,000
50,000
Series C senior unsecured notes payable to a group of insurance companies, interest fixed at 3.70%
25,000
25,000
Series D senior unsecured notes payable to a group of insurance companies, interest fixed at 3.93%
75,000
75,000
200,000
200,000
Less unamortized debt issuance costs
(175)
(207)
Less current portion
(10,714)
—
$189,111
$199,793
note 11 — financing arrangements .
long-term debt consists of the following -in thousands : .
maturities of long-term debt for each of the five years in the period ending september 30 2024 are as follows : 2020 — $ 10 .
7 million ; 2021 — $ 35 .
7 million ; 2022 — $ 35 .
7 million ; 2023 — $ 35 .
7 million ; 2024 — $ 35 .
7 million .
in march 2013 we entered into a note purchase and private shelf agreement pursuant to which we issued $ 100 .
0 million of senior unsecured notes bearing interest at a rate of 3 .
35 % and maturing on march 12 2025 .
pursuant to the agreement on july 17 2015 we issued an additional $ 25 .
0 million of senior unsecured notes bearing interest at a rate of 3 .
70 % and maturing on march 12 2025 .
interest payments on the notes issued in 2013 and 2015 are due semi-annually and principal payments are due from 2021 through 2025 .
on february 2 2016 we revised the note purchase agreement and we issued an additional $ 75 .
0 million of senior unsecured notes bearing interest at 3 .
93 % and maturing on march 12 2026 .
interest payments on these notes are due semi-annually and principal payments are due from 2020 through 2026 .
the agreement pertaining to the aforementioned notes also contained a provision that the coupon rate would increase by a further 0 .
50 % should the company ’ s leverage ratio exceed a certain level .

Question: What is the percentage change in the total amount of long-term debt in 2019 from 2018?
Answer: -5.35