aveni-ai/aveni-bench-tat-qa huggingface dataset:
3. Debtors Accounting policies Amounts owed to subsidiaries are classified and recorded at amortised cost (2018: classified as loans and receivables) and reduced by allowances for expected credit losses. Estimate future credit losses are first recorded on initial recognition of a receivable and are based on estimated probability of default. Individual balances are written off when management deems them not to be collectible. Derivative financial instruments are measured at fair value through profit and loss. Note: 1 Amounts owed by subsidiaries are unsecured, have no fixed date of repayment and are repayable on demand with sufficient liquidity in the group to flow funds if required. Therefore expected credit losses are considered to be immateria

2019	2018

€m	€m

Amounts falling due within one year:

Amounts owed by subsidiaries1	242,976	220,871

Taxation recoverable	233	–

Other debtors	32	199

Derivative financial instruments	183	163

243,424	221,233

Amounts falling due after more than one year:

Derivative financial instruments	3,439	2,449

Deferred tax	–	31

3,439	2,480

Question: What is the 2019 average total amount falling due after more than one year?
Answer: 2959.5
3. Debtors Accounting policies Amounts owed to subsidiaries are classified and recorded at amortised cost (2018: classified as loans and receivables) and reduced by allowances for expected credit losses. Estimate future credit losses are first recorded on initial recognition of a receivable and are based on estimated probability of default. Individual balances are written off when management deems them not to be collectible. Derivative financial instruments are measured at fair value through profit and loss. Note: 1 Amounts owed by subsidiaries are unsecured, have no fixed date of repayment and are repayable on demand with sufficient liquidity in the group to flow funds if required. Therefore expected credit losses are considered to be immateria

2019	2018

€m	€m

Amounts falling due within one year:

Amounts owed by subsidiaries1	242,976	220,871

Taxation recoverable	233	–

Other debtors	32	199

Derivative financial instruments	183	163

243,424	221,233

Amounts falling due after more than one year:

Derivative financial instruments	3,439	2,449

Deferred tax	–	31

3,439	2,480

Question: Between 2018 and 2019, which year has higher amounts owed by subsidiaries falling due within one year?
Answer: 2019
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: How many RSUs were granted during the period of 2017 to other management?
Answer: a total of 866.6 RSUs
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: How was the fair value of the options determined?
Answer: Black-Scholes model
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: In which years was the number of shares in TORM plc calculated for?
Answer: 2019; 2018; 2017
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: Which year has the most number of shares granted during the period?
Answer: 2019
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: What was the change in the number of shares granted in 2019 from 2018?
Answer: 93.8
Long-term employee benefit obligations The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units in TORM plc at a determinable price to the entity's key personnel. The RSUs granted entitle the holder to acquire one TORM A-share. The program was established during the year and comprises the following number of shares in TORM plc: In 2017, the Board agreed to grant a total of 866.6 RSUs to other management. The RSUs to other management were subject to a three-year vesting period, with one third of the grant amount vesting at each anniversary date beginning on 1 January, 2018. The exercise price of each vested RSU is following certain adjustments for dividends at DKK 93.6 and an exercise period of six months. In 2018, the Board agreed to grant a total of 944,468 RSU’s to other management. The vesting period of the program is three years for key employees and three years for the Executive Director. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date for key employees and 12 months after the vesting date for the Executive Director. The fair value of the options granted in 2018 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2018 is 1.1 years (2017: 1.3 years). In 2019, the Board agreed to grant a total of 1,001,100 RSUs to other management. The vesting period of the program is three years for key employees. The exercise price is set to DKK 53.7. The exercise period is 12 months after the vesting date. The fair value of the options granted in 2019 was determined using the Black-Scholes model and is not material. The average remaining contractual life for the restricted shares as per 31 December 2019 is 1.5 years.

Number of shares (1,000)	2019	2018	2017

Outstanding as of 1 January	2,719.1	2,611.2	1,999.8

Granted during the period	1,001.1	907.3	866.6

Exercised during the period	-529.4	-	-

Expired during the period	-785.3	-764.0	-233.9

Forfeited during the period	-177.2	-35.4	-21.3

Outstanding as of 31 December	2,228.3	2,719.1	2,611.2

Exercisable as of 31 December	-	255.3	255.3

Question: What was the percentage change in the number of shares granted in 2019 from 2018?
Answer: 10.34
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: What results in deferred income taxes?
Answer: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: What is the amount of net deferred tax assets in 2019?
Answer: $ 2,620
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: What are the components under deferred tax liabilities in the table?
Answer: Intangible assets; Property, plant, and equipment; Other
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: In which year were Inventories larger?
Answer: 2018
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: What was the change in deferred revenue in 2019 from 2018?
Answer: -1
Deferred Tax Assets and Liabilities Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the net deferred income tax asset were as follows:

Fiscal Year End

2019	2018

(in millions)

Deferred tax assets:

Accrued liabilities and reserves	$ 245	$ 255

Tax loss and credit carryforwards	6,041	3,237

Inventories	43	58

Intangible assets	964	—

Pension and postretirement benefits	248	179

Deferred revenue	4	5

Interest	134	30

Unrecognized income tax benefits	7	8

Basis difference in subsidiaries	—	946

Other	8	13

Gross deferred tax assets	7,694	4,731

Valuation allowance	(4,970)	(2,191)

Deferred tax assets, net of valuation allowance	2,724	2,540

Deferred tax liabilities:

Intangible assets	—	(552)

Property, plant, and equipment	(57)	(13)

Other	(47)	(38)

Total deferred tax liabilities	(104)	(603)

Net deferred tax assets	$ 2,620	$ 1,937

Question: What was the percentage change in deferred revenue in 2019 from 2018?
Answer: -20
Cash Flow Hedge Gains (Losses) We recognized the following gains (losses) on foreign exchange contracts designated as cash flow hedges: We do not have any net derivative gains included in AOCI as of June 30, 2019 that will be reclassified into earnings within the following 12 months. No significant amounts of gains (losses) were reclassified from AOCI into earnings as a result of forecasted transactions that failed to occur during fiscal year 2019.

(In millions)

Year Ended June 30,	2019	2018	2017

Effective Portion

Gains recognized in other comprehensive income (loss), net of tax of $1, $11, and $4	$ 159	$ 219	$ 328

Gains reclassified from accumulated other comprehensive income (loss) into revenue	341	185	555

Amount Excluded from Effectiveness Assessment and Ineffective Portion

Losses recognized in other income (expense), net	(64)	(255)	(389)

Question: What were the losses recognized in other income, net, as of 2019?
Answer: (64)