hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
10. Other financial result
The other financial income and expenses from financial instruments are assigned to measurement categories according to IFRS 9 on the basis of the underlying transactions. Besides income and expenses from the measurement of financial instruments (except derivatives in hedging relationships in accordance with IAS 39), this also includes the measurement of foreign currency positions according to IAS 21.
The total comprehensive income from currency effects and measurement results from hedging transactions and hedging relationships totalled €17 million (2017/18: €−14 million). In addition, the other financial result reflects €−5 million (2017/18: €4 million) in currency effects resulting from the translation of the financial statements of foreign subsidiaries that are recognised through profit or loss in the year the subsidiary is deconsolidated or in the year business activities are discontinued. In addition, impairment losses on financial assets amounting to €2 million (2017/18: €0 million) were recognised in the reporting period.
Table:
€ million | 2017/2018 | 2018/2019
Other financial income | 182 | 159
thereof currency effects | (126) | (112)
thereof hedging transactions | (16) | (39)
Other financial expenses | −184 | −158
thereof currency effects | (−152) | (−116)
thereof hedging transactions | (−3) | (−18)
Other financial result | −2 | 1
thereof from financial instruments of the measurement categories according to IFRS 9 (previous year: IAS39): | (−16) | (17)
thereof cash flow hedges: |  | 
ineffectiveness | (7) | (−1)


Question: In which year was Other financial income larger?
Answer: 2017/2018
Calculation: 182>159
Past due but not impaired
Customers with balances past due but without provision for impairment of receivables amount to US$9,319,000 as at 30 June 2019 (2018:
US$6,890,000).
The ageing of the past due but not impaired receivables are as follows:
Accounting policy for trade and other receivables Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Trade receivables generally have 30 to 90 day terms.
AASB 9 Financial Instruments This standard addresses the classification, measurement and derecognition of financial assets and financial liabilities, introduces new rules for hedge accounting and a new impairment model based on expected credit losses for the impairment of financial assets. The Group has applied the new standard on 1 July 2018 using a simplified approach for measuring expected credit losses relating to trade receivables using a lifetime expected loss allowance. To measure the expected credit losses, trade receivables are grouped based on region and ageing. Customers with heightened credit risk are provided for specifically based on historical default rates and forward looking information. Where there is no reasonable expectation of recovery, balances are written-off. The application of the standard did not result in any significant impact on the measurement of the allowance for doubtful debtors.
Collectability of trade receivables is reviewed on an ongoing basis. Debts which are known to be uncollectable are written off by reducing the carrying amount directly. A provision for impairment of trade receivables is raised when there is objective evidence that the Group will not be able to collect all amounts due according to the original terms of the receivables. Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy or financial reorganisation and default or delinquency in payments (more than 60 days overdue) are considered indicators that the trade receivable may be impaired. The amount of the impairment allowance is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the original effective interest rate. Cash flows relating to shortterm receivables are not discounted if the effect of discounting is immaterial.
Other receivables are recognised at amortised cost, less any provision for impairment.
Table:
 | Consolidated | 
 | 2019 | 2018
 | US$000 | US$000
0 to 1 month overdue | 5,139 | 2,935
1 to 2 months overdue | 1,424 | 1,275
Over 2 months overdue | 2,756 | 2,680
 | 9,319 | 6,890


Question: What is the percentage change in total past due but not impaired receivables from 2018 to 2019?
Answer: 35.25
Calculation: ((9,319-6,890)/6,890) * 100
ALTERNATIVE PERFORMANCE MEASURES
Net profit/(loss) for the year excluding impairment:
Net profit excluding impairment is net profit less impairment and reversals of impairment generated from impairment testing during the year (Please refer to Note 8). The Company reports Net profit excluding impairment because we believe it provides additional meaningful information to investors regarding the operational performance excluding fluctuations in the valuation of fixed assets.
Table:
USDm | 2019 | 2018 | 2017
Reconciliation to net profit/(loss) for the year |  |  | 
Net profit/(loss) for the year | 166.0 | -34.8 | 2.4
Reversal of impairment losses on tangible assets | -120.0 | - | -
Net profit/(loss) for the year excluding impairment | 46.0 | -34.8 | 2.4


Question: Why does the Company report net profit excluding impairment?
Answer: it provides additional meaningful information to investors regarding the operational performance excluding fluctuations in the valuation of fixed assets
RESULTS FROM VESSEL OPERATIONS
During the year ended December 31, 2019, shipping revenues decreased by $10,616 or 2.9% compared to 2018. The decrease primarily resulted from three fewer vessels in operation during most of 2019 compared to 2018 and one less Government of Israel voyage in 2019 compared to 2018. This decrease was partially offset by the addition of two new vessels to our fleet at the beginning of the fourth quarter of 2019.
Reconciliations of TCE revenues, a non-GAAP measure, to shipping revenues as reported in the consolidated statements of operations follows:
Consistent with general practice in the shipping industry, we use TCE revenues, which represents shipping revenues less voyage expenses, as a measure to compare revenue generated from a voyage charter to revenue generated from a time charter.
TCE revenues, a non-GAAP measure, provides additional meaningful information in conjunction with shipping revenues, the most directly comparable GAAP measure, because it assists management in decisions regarding the deployment and use of our vessels and in evaluating their financial performance.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Time charter equivalent revenues | $335,133 | $326,707
Add: Voyage expenses | 20,414 | 39,456
Shipping revenues | $355,547 | $366,163


Question: What led to decrease in shipping revenues?
Answer: three fewer vessels in operation during most of 2019 compared to 2018 and one less Government of Israel voyage in 2019 compared to 2018.
Loss per share
Basic loss per share are computed based on the weighted average number of common shares outstanding during the period. Diluted earnings/loss per share reflect the dilutive impact of outstanding stock options and restricted stock awards. Included in the weighted average shares outstanding is the share consideration in connection with the Restaurant Magic Acquisition (See Note 2 - Acquisitions) in the amount of 908,192 for the period after the close of the transaction. The shares were issued in January 2020, however, no contingencies existed as of the date of the acquisition.
The following is a reconciliation of the weighted average shares outstanding for the basic and diluted loss per share computations (in thousands, except share and per share data):
At December 31, 2019 and 2018 there were 383,000 and 750,000 incremental shares, respectively, from the assumed exercise of stock options that were excluded from the computation of diluted earnings per share because of the anti-dilutive effect on earnings per share. There were 308,000 restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2019 and 113,000 for the fiscal year ended 2018.
Table:
 | 2019 | 2018
Net Loss | $(15,571) | $(24,122)
Basic: |  | 
Weighted average shares outstanding at beginning of year | 16,041 | 15,949
Weighted average shares issued during the year, net | 182 | 92
Weighted average common shares, basic | 16,223 | 16,041
Loss from per common share, basic | $(0.96) | $(1.50)
Diluted: |  | 
Weighted average common shares, basic | 16,223 | 16,041
Dilutive impact of stock options and restricted stock awards | — | —
Weighted average common shares, diluted | 16,223 | 16,041
Loss per common share, diluted | $ (0.96) | $ (1.50)


Question: How much was the restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2018?
Answer: 113,000
In 2019 and 2018, we had pre-tax losses of $19,573 and $25,403 respectively, which are available for carry forward to offset future taxable income. We made determinations to provide full valuation allowances for our net deferred tax assets at the end of 2019 and 2018, including NOL carryforwards generated during the years, based on our evaluation of positive and negative evidence, including our history of operating losses and the uncertainty of generating future taxable income that would enable us to realize our deferred tax assets.
Deferred tax assets (liabilities) consist of the following:
In assessing the realization of deferred tax assets, management considers whether it is more likely than not that a portion of the net deferred assets will not be realized. The ultimate realization of the net deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Based on the available objective evidence, management believes it is more likely than not that the net deferred tax assets at December 31, 2019 will not be realizable. Accordingly, management has maintained a full valuation allowance against its net deferred tax assets at December 31, 2019. The net change in the total valuation allowance for the 12 months ended December 31, 2019 was an increase of $1,816.
Table:
 | As of | As of
 | December 31, 2019 | December 31, 2018
Deferred tax assets: |  | 
Reserves and accruals | $62 | $45
Research and development credits and other credits | 1,730 | 1,635
Net operating loss carry forward | 27,907 | 25,733
Stock based compensation | 8,402 | 8,857
Other | 11 | 26
Total deferred tax assets | 38,112 | 36,296
Valuation allowance | (38,112) | (36,296)
Deferred tax assets after valuation allowance | — | —
Total deferred tax liability | — | —
Net deferred tax assets (liabilities) | $— | $—


Question: How many components does the deferred tax assets consist of?
Answer: 5
Calculation: Reserves and accruals ## Research and development credits and other credits ## Net operating loss carry forward ## Stock based compensation ## Other
the company financed the acquisition with the proceeds from a $ 1.0 billion three-year term loan credit facility , $ 1.5 billion in unsecured notes , and the issuance of 61 million shares of aon common stock . in addition , as part of the consideration , certain outstanding hewitt stock options were converted into options to purchase 4.5 million shares of aon common stock . these items are detailed further in note 9 2018 2018debt 2019 2019 and note 12 2018 2018stockholders 2019 equity 2019 2019 . the transaction has been accounted for using the acquisition method of accounting which requires , among other things , that most assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date . the following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date . certain estimated values are not yet finalized ( see below ) and are subject to change , which could be significant . the company will finalize the amounts recognized as information necessary to complete the analyses is obtained . the company expects to finalize these amounts as soon as possible but no later than one year from the acquisition the following table summarizes the preliminary values of assets acquired and liabilities assumed as of the acquisition date ( in millions ) : amounts recorded as of the acquisition .

Table:
 | amountsrecorded as ofthe acquisitiondate
working capital ( 1 ) | $ 391
property equipment and capitalized software | 319
identifiable intangible assets: | 
customer relationships | 1800
trademarks | 890
technology | 215
other noncurrent assets ( 2 ) | 344
long-term debt | 346
other noncurrent liabilities ( 3 ) | 361
net deferred tax liability ( 4 ) | 1035
net assets acquired | 2217
goodwill | 2715
total consideration transferred | $ 4932
( 1 ) includes cash and cash equivalents , short-term investments , client receivables , other current assets , accounts payable and other current liabilities .
( 2 ) includes primarily deferred contract costs and long-term investments .
( 3 ) includes primarily unfavorable lease obligations and deferred contract revenues .
( 4 ) included in other current assets ( $ 31 million ) , deferred tax assets ( $ 62 million ) , other current liabilities ( $ 32 million ) and deferred tax liabilities ( $ 1.1 billion ) in the company 2019s consolidated statements of financial position .
the acquired customer relationships are being amortized over a weighted average life of 12 years .
the technology asset is being amortized over 7 years and trademarks have been determined to have indefinite useful lives .
goodwill is calculated as the excess of the consideration transferred over the net assets acquired and represents the synergies and other benefits that are expected to arise from combining the operations of hewitt with the operations of aon , and the future economic benefits arising from other .

Question: what is portion of the total consideration transferred is dedicated to trademarks?
Answer: 18.0%
Calculation: divide(890, 4932)
15. Income Taxes
Income before income taxes is as follows (in thousands):
Table:
 | Year Ended |  | 
 | June 30, 2019 | June 30, 2018 | June 30, 2017
Domestic  | $22,330 | $(55,197) | $(7,228)
Foreign   | (48,204) | 8,550 | 9,824
Total  | $(25,874) | $(46,647) | $2,596


Question: What was the domestic income before income taxes in 2019?
Answer: 22,330
Revenue by geographic area are as follows (in thousands):
Revenues by geographic area are based upon the country of billing. The geographic location of distributors and OEM customers may be different from the geographic location of the ultimate end users of the products and services provided by us. No single non-U.S. country accounted for more than 10% of our revenue in fiscal years ended February 28, 2019, 2018 and 2017.
Table:
 |  | Year Ended February 28, | 
 | 2019 | 2018 | 2017
United States | 268,453 | 265,613 | 259,974
Europe, Middle East and Africa | 49,496 | 45,830 | 49,918
South America | 15,134 | 20,699 | 17,738
Canada | 9,815 | 14,958 | 8,412
Asia and Pacific Rim | 13,958 | 12,873 | 8,967
All other | 6,944 | 5,939 | 6,093
 | 363,800 | 365,912 | 351,102


Question: What was the change in revenue from South America between 2017 and 2018?
Answer: 2961
Calculation: (20,699-17,738)
12. ACCRUED LIABILITIES
The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.
Table:
All figures in USD ‘000  | 2019 | 2018
Accrued Interest   | 163 | 1,598
Accrued Expenses   | 11,569 | 7,362
Settlement Deferred Compensation Liabilities   | 3,830 | -
Total as of December 31,   | 15,562 | 8,960


Question: What are the respective accrued expense in 2018 and 2019?
Answer: 7,362, 11,569
rates are still low and that a significant portion of cruise guests carried are first-time cruisers . we believe this presents an opportunity for long-term growth and a potential for increased profitability . the following table details industry market penetration rates for north america , europe and asia/pacific computed based on the number of annual cruise guests as a percentage of the total population : year north america ( 1 ) ( 2 ) europe ( 1 ) ( 3 ) asia/pacific ( 1 ) ( 4 ) .

Table:
year | north america ( 1 ) ( 2 ) | europe ( 1 ) ( 3 ) | asia/pacific ( 1 ) ( 4 )
2012 | 3.33% ( 3.33 % ) | 1.21% ( 1.21 % ) | 0.04% ( 0.04 % )
2013 | 3.32% ( 3.32 % ) | 1.24% ( 1.24 % ) | 0.05% ( 0.05 % )
2014 | 3.46% ( 3.46 % ) | 1.23% ( 1.23 % ) | 0.06% ( 0.06 % )
2015 | 3.36% ( 3.36 % ) | 1.25% ( 1.25 % ) | 0.08% ( 0.08 % )
2016 | 3.49% ( 3.49 % ) | 1.24% ( 1.24 % ) | 0.09% ( 0.09 % )
( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the international monetary fund , united nations , department of economic and social affairs , cruise lines international association ( "clia" ) and g.p .
wild .
( 2 ) our estimates include the united states and canada .
( 3 ) our estimates include european countries relevant to the industry ( e.g. , nordics , germany , france , italy , spain and the united kingdom ) .
( 4 ) our estimates include the southeast asia ( e.g. , singapore , thailand and the philippines ) , east asia ( e.g. , china and japan ) , south asia ( e.g .
india and pakistan ) and oceanian ( e.g. , australia and fiji islands ) regions .
we estimate that the global cruise fleet was served by approximately 503000 berths on approximately 298 ships at the end of 2016 .
there are approximately 60 ships with an estimated 173000 berths that are expected to be placed in service in the global cruise market between 2017 and 2021 , although it is also possible that additional ships could be ordered or taken out of service during these periods .
we estimate that the global cruise industry carried 24.0 million cruise guests in 2016 compared to 23.0 million cruise guests carried in 2015 and 22.0 million cruise guests carried in .

Question: what was the anticipated percentage increase in the global cruise fleet berths from 2017 to 2021
Answer: 34.4%
Calculation: divide(173000, 503000)
The following table presents the components of impairment and other charges, net, in each fiscal year (in thousands):
Restructuring costs decreased by $2.2 million as a result of lower severance expenses, as our general and administrative cost reduction initiative came to its conclusion as planned. Costs of closed restaurants and other increased by $3.8 million, primarily due to a $3.5 million charge recorded in 2019 related to the write- off of software development costs associated with a discontinued technology project. Gains on disposition of property and equipment, net, increased by $7.9 million, primarily due to a $5.7 million gain related to a sale of property and a$0.8 million gain related to an eminent domain transaction in 2019.
Refer to Note 9, Impairment and Other Charges, Net, of the notes to the consolidated financial statements for additional information regarding these charges.
Table:
 | 2019 | 2018
Restructuring costs | $8,455 | $10,647
Costs of closed restaurants and other | 8,628 | 4,803
(Gains) losses on disposition of property and equipment, net | (6,244) | 1,627
Accelerated depreciation | 1,616 | 1,130
Operating restaurant impairment charges | — | 211
 | $12,455 | $18,418


Question: What is the average restructuring costs for 2018 and 2019?
Answer: 9551
Calculation: ($8,455+$10,647)/2
BELL WIRELESS RESULTS
REVENUES
Bell Wireless operating revenues increased by 3.7% in 2019, compared to 2018, driven by greater postpaid and prepaid service revenues and higher product revenues.
Service revenues increased by 2.5% in 2019, compared to last year, driven by: • Continued growth in our postpaid and prepaid subscriber base coupled with rate increases • A greater mix of customers subscribing to higher-value monthly plans including unlimited data plans launched in June 2019 • The favourable year-over-year impact from the 2018 CRTC retroactive decision on wireless domestic wholesale roaming rates
These factors were partly offset by: • Greater sales of premium handsets and more customers subscribing to higher-value monthly plans • Lower data and voice overages driven by increased customer adoption of monthly plans with higher data allotments and richer voice plans
Product revenues increased by 6.6% in 2019, compared to last year, driven by greater sales of premium handsets and the impact of higher-value rate plans in our sales mix.
Table:
 | 2019 | 2018 | $ CHANGE | % CHANGE
External service revenues | 6,427 | 6,269 | 158 | 2.5%
Inter-segment service revenues | 49 | 48 | 1 | 2.1%
Total operating service revenues | 6,476 | 6,317 | 159 | 2.5%
External product revenues | 2,660 | 2,497 | 163 | 6.5%
Inter-segment product revenues | 6 | 4 | 2 | 50.0%
Total operating product revenues | 2,666 | 2,501 | 165 | 6.6%
Total Bell Wireless revenues | 9,142 | 8,818 | 324 | 3.7%


Question: What is the percentage of the total operating service revenues out of the Total Bell Wireless revenues in 2019?
Answer: 70.84
Calculation: (6,476/9,142) * 100
13. CONTRIBUTED EQUITY
Capital raise On 4 September 2018, the Group undertook a fully underwritten $175.4m equity raising. This resulted in the issue of 105,677,937 new stapled securities (2018: $59.5m equity raising resulting in the issue of 39,712,882 stapled securities).
On 25 June 2019, the Group announced a fully underwritten $170m equity raising. On 28 June 2019, the Group received proceeds for this raising. This has been recognised as a contract for future issue of equity under AASB 132 and has been recognised as contributed equity within the statement of financial position. This resulted in the issue of 99,415,205 new stapled securities on 1 July 2019. These securities are not reflected in the securities on issue above as they were issued subsequent to the year end.
On 25 June 2019, the Group also announced a non-underwritten security purchase plan. This completed on 30 July 2019, raising $13.5m and resulted in the issue of 7,917,735 new stapled securities.
Distribution reinvestment plan During the year, 9,143,772 (2018: 6,480,246) stapled securities were issued to securityholders participating in the Group’s Distribution Reinvestment Plan for consideration of $16.2m (2018: $9.6m). The stapled securities were issued at the volume weighted average market price of the Group's stapled securities over a period of ten trading days, less a 2% discount.
Table:
 | 2019 | 2018
 | $'000 | $'000
Issued and paid up capital | 83,692 | 66,128
Contract for future issue of equity | 16,451 | -
Total contributed equity | 100,143 | 66,128
Number of stapled securities on Issue | 2019 | 2018
Opening balance at 1 July | 559,107,042 | 512,913,914
Institutional and retail placement | 105,677,937 | 39,712,882
Distribution reinvestment plan | 9,143,772 | 6,480,246
Closing balance at 30 June | 673,928,751 | 559,107,042


Question: What was the average Contract for future issue of equity?
Answer: 8225.5
Calculation: (16,451 + 0) / 2