aveni-ai/aveni-bench-tat-qa huggingface dataset:
Note 18—Composition of Certain Financial Statement Captions (1) During the year ended January 3, 2020 and December 28, 2018, the Company recognized $417 million and $146 million, respectively, of amortization related to its transition costs and project assets. (2) Balance represents items that are not individually significant to disclose separately. (3) Balances are net of $25 million and $29 million of dividends received during fiscal 2019 and fiscal 2018, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows. (4) During the year ended January 3, 2020, the Company combined "Dividends payable and "Income taxes payable" with "Accounts payable and accrued liabilities" on the consolidated balance sheets. As a result, the prior year activity has been reclassified to conform with the current year presentation.

Balance Sheet	January 3, 2020	December 28, 2018

(in millions)

Other current assets:

Transition costs and project assets(1)	$98	$145

Pre-contract costs	6	41

Other(2)	306	357

$410	$543

Other assets:

Transition costs and project assets(1)	$207	$22

Equity method investments(3)	19	26

Other(2)	200	134

$426	$182

Accounts payable and accrued liabilities:

Accrued liabilities	$822	$650

Accounts payable	592	547

Deferred revenue	400	276

Other(2)(4)	23	18

$1,837	$1,491

Accrued payroll and employee benefits:

Accrued vacation	$232	$225

Salaries, bonuses and amounts withheld from employees’ compensation	203	248

$435	$473

Question: What were the balances net of dividends received during fiscal 2019 and fiscal 2018 respectively?
Answer: $25 million; $29 million
Note 18—Composition of Certain Financial Statement Captions (1) During the year ended January 3, 2020 and December 28, 2018, the Company recognized $417 million and $146 million, respectively, of amortization related to its transition costs and project assets. (2) Balance represents items that are not individually significant to disclose separately. (3) Balances are net of $25 million and $29 million of dividends received during fiscal 2019 and fiscal 2018, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows. (4) During the year ended January 3, 2020, the Company combined "Dividends payable and "Income taxes payable" with "Accounts payable and accrued liabilities" on the consolidated balance sheets. As a result, the prior year activity has been reclassified to conform with the current year presentation.

Balance Sheet	January 3, 2020	December 28, 2018

(in millions)

Other current assets:

Transition costs and project assets(1)	$98	$145

Pre-contract costs	6	41

Other(2)	306	357

$410	$543

Other assets:

Transition costs and project assets(1)	$207	$22

Equity method investments(3)	19	26

Other(2)	200	134

$426	$182

Accounts payable and accrued liabilities:

Accrued liabilities	$822	$650

Accounts payable	592	547

Deferred revenue	400	276

Other(2)(4)	23	18

$1,837	$1,491

Accrued payroll and employee benefits:

Accrued vacation	$232	$225

Salaries, bonuses and amounts withheld from employees’ compensation	203	248

$435	$473

Question: What did the company combine "Dividends payable and "Income taxes payable" with in 2020 on the consolidated balance sheets?
Answer: "Accounts payable and accrued liabilities"
Note 18—Composition of Certain Financial Statement Captions (1) During the year ended January 3, 2020 and December 28, 2018, the Company recognized $417 million and $146 million, respectively, of amortization related to its transition costs and project assets. (2) Balance represents items that are not individually significant to disclose separately. (3) Balances are net of $25 million and $29 million of dividends received during fiscal 2019 and fiscal 2018, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows. (4) During the year ended January 3, 2020, the Company combined "Dividends payable and "Income taxes payable" with "Accounts payable and accrued liabilities" on the consolidated balance sheets. As a result, the prior year activity has been reclassified to conform with the current year presentation.

Balance Sheet	January 3, 2020	December 28, 2018

(in millions)

Other current assets:

Transition costs and project assets(1)	$98	$145

Pre-contract costs	6	41

Other(2)	306	357

$410	$543

Other assets:

Transition costs and project assets(1)	$207	$22

Equity method investments(3)	19	26

Other(2)	200	134

$426	$182

Accounts payable and accrued liabilities:

Accrued liabilities	$822	$650

Accounts payable	592	547

Deferred revenue	400	276

Other(2)(4)	23	18

$1,837	$1,491

Accrued payroll and employee benefits:

Accrued vacation	$232	$225

Salaries, bonuses and amounts withheld from employees’ compensation	203	248

$435	$473

Question: In which year was Transition costs and project assets under other current assets less than 100 million?
Answer: 2020
Note 18—Composition of Certain Financial Statement Captions (1) During the year ended January 3, 2020 and December 28, 2018, the Company recognized $417 million and $146 million, respectively, of amortization related to its transition costs and project assets. (2) Balance represents items that are not individually significant to disclose separately. (3) Balances are net of $25 million and $29 million of dividends received during fiscal 2019 and fiscal 2018, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows. (4) During the year ended January 3, 2020, the Company combined "Dividends payable and "Income taxes payable" with "Accounts payable and accrued liabilities" on the consolidated balance sheets. As a result, the prior year activity has been reclassified to conform with the current year presentation.

Balance Sheet	January 3, 2020	December 28, 2018

(in millions)

Other current assets:

Transition costs and project assets(1)	$98	$145

Pre-contract costs	6	41

Other(2)	306	357

$410	$543

Other assets:

Transition costs and project assets(1)	$207	$22

Equity method investments(3)	19	26

Other(2)	200	134

$426	$182

Accounts payable and accrued liabilities:

Accrued liabilities	$822	$650

Accounts payable	592	547

Deferred revenue	400	276

Other(2)(4)	23	18

$1,837	$1,491

Accrued payroll and employee benefits:

Accrued vacation	$232	$225

Salaries, bonuses and amounts withheld from employees’ compensation	203	248

$435	$473

Question: What was the change in the Pre-contract costs from 2018 to 2020?
Answer: -35
Note 18—Composition of Certain Financial Statement Captions (1) During the year ended January 3, 2020 and December 28, 2018, the Company recognized $417 million and $146 million, respectively, of amortization related to its transition costs and project assets. (2) Balance represents items that are not individually significant to disclose separately. (3) Balances are net of $25 million and $29 million of dividends received during fiscal 2019 and fiscal 2018, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows. (4) During the year ended January 3, 2020, the Company combined "Dividends payable and "Income taxes payable" with "Accounts payable and accrued liabilities" on the consolidated balance sheets. As a result, the prior year activity has been reclassified to conform with the current year presentation.

Balance Sheet	January 3, 2020	December 28, 2018

(in millions)

Other current assets:

Transition costs and project assets(1)	$98	$145

Pre-contract costs	6	41

Other(2)	306	357

$410	$543

Other assets:

Transition costs and project assets(1)	$207	$22

Equity method investments(3)	19	26

Other(2)	200	134

$426	$182

Accounts payable and accrued liabilities:

Accrued liabilities	$822	$650

Accounts payable	592	547

Deferred revenue	400	276

Other(2)(4)	23	18

$1,837	$1,491

Accrued payroll and employee benefits:

Accrued vacation	$232	$225

Salaries, bonuses and amounts withheld from employees’ compensation	203	248

$435	$473

Question: What was the change in the Equity method investments from 2018 to 2020?
Answer: -7
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: What factors drove the hotels sales improvement in the second half?
Answer: Driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year.
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: Why did normalised ROFE decrease?
Answer: Due to an increase in funds employed driven by refurbishments and acquisitions of hotels.
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: How much did Hotels sales increased by in F19?
Answer: 3.7%
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: What is the average sales for years F19 and F18?
Answer: 1641.5
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: What is the nominal difference in EBITDA between F19 and F18?
Answer: 11
Hotels sales improvement in the second half was driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year. Hotels sales increased by 3.7% in F19 or 1.8% on a normalised basis. Comparable sales increased by 1.9% with 3.0% growth in Q4. Sales growth accelerated in the second half due to continued growth in Bars, Food and Accommodation benefitting from venue refurbishments with 49 completed during the year. Gaming sales continue to be more subdued, particularly in Victoria. During the year, five venues were opened or acquired with 328 hotels at year‐end. Normalised gross profit declined by 54 bps reflecting business mix and increasing input cost prices on Food margins. CODB was well controlled and declined by 18 bps on a normalised basis. EBIT of $261 million decreased by 0.5% on a normalised basis reflecting a weaker first half trading performance. Normalised EBIT in the second half increased by 1.3%. Normalised ROFE decreased by 38 bps due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

F19	F18

$ MILLION	53 WEEKS	52 WEEKS	CHANGE	CHANGE NORMALISED

Sales	1,671	1,612	3.7%	1.8%

EBITDA	372	361	3.5%	2.5%

Depreciation and amortisation	(111)	(102)	9.9%	9.9%

EBIT	261	259	1.0%	(0.5)%

Gross margin (%)	83.6	84.2	(55) bps	(54) bps

Cost of doing business (%)	68.0	68.1	(12) bps	(18) bps

EBIT to sales (%)	15.6	16.1	(43) bps	(35) bps

Funds employed	2,068	1,995	3.7%

ROFE (%)	12.9	13.1	(20) bps	(38) bps

Question: What is the percentage constitution of Depreciation and Amortisation in EBITDA in F19?
Answer: 29.84
Note 8. Property, Plant and Equipment, net Property, plant and equipment, net as of December 31, 2019 and 2018 consisted of the following: (1) Useful lives for leasehold and building improvements represent the term of the lease or the estimated life of the related improvements, whichever is shorter. Depreciation expense from continuing operations was $12,548 and $12,643 for the years ended December 31, 2019 and 2018, respectively, of which $9,028 and $9,189, respectively, related to internal use software costs. Amounts capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018 were $3,800 and $6,690, respectively.

December 31

Useful life (in years)	2019	2018

Computer equipment and software	3-5	14,689	14,058

Furniture and equipment	5-7	2,766	3,732

Leasehold and building improvements (1)	7,201	7,450

Construction in progress - PPE	949	—

Property, plant, and equipment, excluding internal use software	25,605	25,240

Less: Accumulated depreciation and amortization	(19,981)	(17,884)

Property, plant and equipment, excluding internal use software, net	5,624	7,356

Internal use software	3	33,351	31,565

Construction in progress - Internal use software	2,973	903

Less: Accumulated depreciation and amortization, internal use software	(25,853)	(16,846)

Internal use software, net	10,471	15,622

Property, plant and equipment, net	$16,095	$22,978

Question: What are the respective depreciation expense from continuing operations in 2019 and 2018 respectively?
Answer: $12,548; $12,643
Note 8. Property, Plant and Equipment, net Property, plant and equipment, net as of December 31, 2019 and 2018 consisted of the following: (1) Useful lives for leasehold and building improvements represent the term of the lease or the estimated life of the related improvements, whichever is shorter. Depreciation expense from continuing operations was $12,548 and $12,643 for the years ended December 31, 2019 and 2018, respectively, of which $9,028 and $9,189, respectively, related to internal use software costs. Amounts capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018 were $3,800 and $6,690, respectively.

December 31

Useful life (in years)	2019	2018

Computer equipment and software	3-5	14,689	14,058

Furniture and equipment	5-7	2,766	3,732

Leasehold and building improvements (1)	7,201	7,450

Construction in progress - PPE	949	—

Property, plant, and equipment, excluding internal use software	25,605	25,240

Less: Accumulated depreciation and amortization	(19,981)	(17,884)

Property, plant and equipment, excluding internal use software, net	5,624	7,356

Internal use software	3	33,351	31,565

Construction in progress - Internal use software	2,973	903

Less: Accumulated depreciation and amortization, internal use software	(25,853)	(16,846)

Internal use software, net	10,471	15,622

Property, plant and equipment, net	$16,095	$22,978

Question: What are the respective depreciation expense from continuing operations in 2019 and 2018 related to internal use software costs respectively?
Answer: $9,028; $9,189
Note 8. Property, Plant and Equipment, net Property, plant and equipment, net as of December 31, 2019 and 2018 consisted of the following: (1) Useful lives for leasehold and building improvements represent the term of the lease or the estimated life of the related improvements, whichever is shorter. Depreciation expense from continuing operations was $12,548 and $12,643 for the years ended December 31, 2019 and 2018, respectively, of which $9,028 and $9,189, respectively, related to internal use software costs. Amounts capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018 were $3,800 and $6,690, respectively.

December 31

Useful life (in years)	2019	2018

Computer equipment and software	3-5	14,689	14,058

Furniture and equipment	5-7	2,766	3,732

Leasehold and building improvements (1)	7,201	7,450

Construction in progress - PPE	949	—

Property, plant, and equipment, excluding internal use software	25,605	25,240

Less: Accumulated depreciation and amortization	(19,981)	(17,884)

Property, plant and equipment, excluding internal use software, net	5,624	7,356

Internal use software	3	33,351	31,565

Construction in progress - Internal use software	2,973	903

Less: Accumulated depreciation and amortization, internal use software	(25,853)	(16,846)

Internal use software, net	10,471	15,622

Property, plant and equipment, net	$16,095	$22,978

Question: What are the respective amounts capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018?
Answer: $3,800; $6,690
Note 8. Property, Plant and Equipment, net Property, plant and equipment, net as of December 31, 2019 and 2018 consisted of the following: (1) Useful lives for leasehold and building improvements represent the term of the lease or the estimated life of the related improvements, whichever is shorter. Depreciation expense from continuing operations was $12,548 and $12,643 for the years ended December 31, 2019 and 2018, respectively, of which $9,028 and $9,189, respectively, related to internal use software costs. Amounts capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018 were $3,800 and $6,690, respectively.

December 31

Useful life (in years)	2019	2018

Computer equipment and software	3-5	14,689	14,058

Furniture and equipment	5-7	2,766	3,732

Leasehold and building improvements (1)	7,201	7,450

Construction in progress - PPE	949	—

Property, plant, and equipment, excluding internal use software	25,605	25,240

Less: Accumulated depreciation and amortization	(19,981)	(17,884)

Property, plant and equipment, excluding internal use software, net	5,624	7,356

Internal use software	3	33,351	31,565

Construction in progress - Internal use software	2,973	903

Less: Accumulated depreciation and amortization, internal use software	(25,853)	(16,846)

Internal use software, net	10,471	15,622

Property, plant and equipment, net	$16,095	$22,978

Question: What is the total amount capitalized to internal use software related to continuing operations for the years ended December 31, 2019 and 2018?
Answer: 10490