next-tat/TAT-QA huggingface dataset:
Years Ended December 31,
Change
2019
2018
$
%
(dollars in thousands)
Impairment of goodwill
$1,910
$14,740
$(12,830)
(87%)
Percent of revenues, net
4%
26%

text: Impairment of Goodwill
text: We recorded a goodwill impairment charge of $1.9 million in the fourth quarter of 2019, reducing the goodwill balance to zero at that time. We also recorded a goodwill impairment charge of $14.7 million in the third quarter of 2018. Refer to Note 2 and Note 6 of the accompanying consolidated financial statements for additional information on these goodwill impairment charges.

Questions:
question: What is the value of the goodwill impairment charge in the fourth quarter of 2019?
answer: $1.9 million
question: What is the value of the goodwill impairment charge in the third quarter of 2018?
answer: $14.7 million
question: What are the respective goodwill impairment values in 2018 and 2019?
answer: $14,740
$1,910
scale: thousand
question: What is the company's average goodwill impairment in 2018 and 2019?
answer: 8325
derivation: (14,740 + 1,910)/2 
scale: thousand
question: What is the company's total goodwill impairment in 2018 and 2019?
answer: 16650
derivation: 14,740 + 1,910 
scale: thousand
question: What is the value of the change in goodwill impairment between 2018 and 2019 as a percentage of the 2018 goodwill impairment?
answer: 87.04
derivation: 12,830/14,740 
scale: percent
USDm
2019
2018
2017
Vessel values including newbuildings (broker values)
1,801.5
1,675.1
1,661.1
Total (value)
1,801.5
1,675.1
1,661.1
Borrowings
863.4
754.7
753.9
- Hereof debt regarding Land and buildings & Other plant and operating equipment
-8.7
-
-
Committed CAPEX on newbuildings
51.2
258.0
306.9
Loans receivables
-4.6
-
-
Cash and cash equivalents, including restricted cash
-72.5
-127.4
-134.2
Total (loan)
828.8
885.3
926.6
Loan-to-value (LTV) ratio
46.0%
52.9%
55.8%

text: Loan-to-value (LTV): TORM defines Loan-to-value (LTV) ratio as Vessel values divided by net borrowings on the vessels.
text: LTV describes the net debt ratio on the vessel, and is used by TORM to describe the financial situation, the liquidity risk as well as to express the future possibilities to raise new capital by new loan facilities.

Questions:
question: How does TORM define loan-to-value (LTV)?
answer: TORM defines Loan-to-value (LTV) ratio as Vessel values divided by net borrowings on the vessels.
question: What is the LTV used by TORM for?
answer: to describe the financial situation, the liquidity risk as well as to express the future possibilities to raise new capital by new loan facilities.
question: Which are the components in the table which are used to tabulate the Loan-to-value (LTV) ratio based on its definition?
answer: Total (value)
Total (loan)
question: In which year was the LTV ratio the largest?
answer: 2017
derivation: 55.8%>52.9%>46.0%
question: What was the change in Total (loan) in 2019 from 2018?
answer: -56.5
derivation: 828.8-885.3
scale: million
question: What was the percentage change in Total (loan) in 2019 from 2018?
answer: -6.38
derivation: (828.8-885.3)/885.3
scale: percent
Net financing costs
2019
2018
€m
€m
Investment income
433
685
Financing costs
(2,088)
(1,074)
Net financing costs
(1,655)
(389)
Analysed as:
Net financing costs before interest on settlement of tax issues
(1,043)
(749)
Interest income arising on settlement of outstanding tax issues
1
11
(1,042)
(738)
Mark to market (losses)/gains
(423)
27
Foreign exchange (losses)/gains1
(190)
322
Net financing costs
(1,655)
(389)

text: Note: 1 Primarily comprises foreign exchange differences reflected in the income statement in relation to sterling and US dollar balances.
text: Net financing costs increased by €1.3 billion, primarily driven by mark-to-market losses (including hedges of the mandatory convertible bond) and adverse foreign exchange rate movements. Net financing costs before interest on settlement of tax issues includes increased interest costs as part of the financing for the Liberty Global transaction as well as adverse interest rate movements on borrowings in foreign operations. Excluding these, underlying financing costs remained stable, reflecting consistent average net debt balances and weighted average borrowing costs for both periods.

Questions:
question: How much did net financing costs increase by between 2018 and 2019?
answer: €1.3 billion
question: How much was the 2019 investment income ?
answer: 433
scale: million
question: How much was the 2019 financing costs ?
answer: (2,088)
scale: million
question: What is the average investment income between 2018 and 2019? 
answer: 559
derivation: (433+685)/2
scale: million
question: What is the average financing costs between 2018 and 2019?
answer: -1581
derivation: [(-2,088) + (-1,074)]/2
scale: million
question: What is the difference between the average investment income and average financing costs?
answer: 2140
derivation: [(433+685)/2] - [(-2,088) + (-1,074)]/2
scale: million
Revenues
Income (loss) from vessel operations
(in thousands of U.S. dollars)
2019
2018
2019
2018
Teekay LNG
601,256
510,762
299,253
148,599
Teekay Tankers
943,917
776,493
123,883
7,204
Teekay Parent
413,806
451,659
(219,094)
8,516
Elimination of intercompany (1)
(13,588)
(10,426)
—
—
Teekay Corporation Consolidated
1,945,391
1,728,488
204,042
164,319

text: RECENT DEVELOPMENTS AND RESULTS OF OPERATIONS
text: The results of operations that follow have first been divided into (a) our controlling interests in our publicly-traded subsidiaries Teekay LNG and Teekay Tankers and (b) Teekay Parent.
text: Within these groups, we have further subdivided the results into their respective lines of business. The following table (a) presents revenues and income (loss) from vessel operations for each of Teekay LNG and Teekay Tankers, and for Teekay Parent, and (b) reconciles these amounts to our consolidated financial statements.
text: (1) During 2019, Teekay Tankers' ship-to-ship transfer business provided operational and maintenance services to Teekay LNG Bahrain Operations L.L.C., an entity wholly-owned by Teekay LNG, for the LNG receiving and regasification terminal in Bahrain. Also during 2019, the Magellan Spirit LNG carrier was chartered by Teekay LNG to Teekay Parent for a short period of time. During 2018, Teekay Parent chartered in two LNG carriers from Teekay LNG until March and April 2018.

Questions:
question: What is the Teekay Corporation Consolidated revenues in 2019?
answer: 1,945,391
scale: thousand
question: What is the change in Revenues of Teekay LNG from, 2019 to 2018?
answer: 90494
derivation: 601,256-510,762
scale: thousand
question: What is the change in Revenues of Teekay Tankers from, 2019 to 2018?
answer: 167424
derivation: 943,917-776,493
scale: thousand
question: In which years was Teekay LNG revenue less than 600,000 thousands?
answer: 2018
derivation: locate and analyze Teekay LNG revenue in row 3
question: What was the Teekay LNG revenue in 2018 and 2019 respectively?
answer: 601,256
510,762
scale: thousand
question: In which period did Teekay Tankers' ship-to-ship transfer provided operational and maintenance services to Teekay LNG Bahrain?
answer: 2019
Years Ended December 31,    
All figures in USD ‘000, except TCE rate per day 
2019
2018
Variance 
Voyage Revenue  
317,220
289,016
9.8%
Less Voyage expenses  
(141,770)
(165,012)
(14.1%)
Net Voyage Revenue  
175,450
124,004
41.5%
Vessel Calendar Days (1)  
8,395
9,747
(13.9%)
Less off-hire days  
293
277
5.8%
Total TCE days  
8,102
9,470
(14.4%)
TCE Rate per day (2) 
$21,655
$13,095
65.4%)
Total Days for vessel operating expenses
8,395
9,747
(13.9%)

text: (1) Vessel Calendar Days is the total number of days the vessels were in our fleet.
text: (2) Time Charter Equivalent (“TCE”) Rate, results from Net Voyage Revenue divided by total TCE days.
text: The change in Voyage revenue is due to two main factors:
text: i)  The number of TCE days
text: ii)  The change in the TCE rate achieved.
text: With regards to i), the decrease in vessel calendar days is mainly due to the disposal of ten vessels in 2018, offset by three 2018 Newbuildings delivered in the latter part of 2018.
text: With regards to ii), the TCE rate increased by $8,560, or 65.4%. The indicative rates presented by Clarksons Shipping increased by 91.7% for the twelve months of 2019 compared to the same twelve months in 2018 to $31,560 from $16,466, respectively. The rates presented by Clarksons Shipping were significantly influenced by the spike in the Suezmax tanker rates in the fourth quarter of both 2019 and 2018. Our average TCE was also positively impacted by the increased tanker rates towards the end of 2019, but not to the same extent as the rates reported by Clarksons Shipping. We expect this spike to materialize to a larger extent in the first quarter of 2020 compared to the rates reported by Clarksons Shipping.
text: As a result of i) and ii) net voyage revenues increased by 41.5% from $124.0 million for the year ended December 31, 2018, to $175.5 million for the year ended December 31, 2019.

Questions:
question: What does Vessel Calendar Days refer to?
answer: the total number of days the vessels were in our fleet.
question: How is TCE rate Per day derived?
answer: Net Voyage Revenue divided by total TCE days.
question: What are the respective net voyage revenue in 2018 and 2019?
answer: 124,004
175,450
scale: thousand
question: What is the average voyage revenue in 2018 and 2019?
answer: 303118
derivation: (289,016 + 317,220)/2 
scale: thousand
question: What is the average voyage expenses in 2018 and 2019?
answer: 153391
derivation: (165,012 + 141,770)/2 
scale: thousand
question: What is the average net voyage revenue in 2018 and 2019?
answer: 149727
derivation: (124,004 + 175,450)/2 
scale: thousand
2019
2018
Note
£m
£m
UK
24.5
24.9
Ireland
0.4
0.5
Total
24.9
25.4

text: Credit risk
text: The carrying amount of financial assets, previously recognised as loans and receivables under IAS 39 now classified as amortised cost under IFRS 9, represents the maximum credit exposure. The maximum exposure to credit risk at 31 March 2019 was £59.1m (2018: £56.5m).
text: The maximum exposure to credit risk for trade receivables at the reporting date by geographic region was:

Questions:
question: What is the change to the classification for carrying amount of financial assets?
answer: previously recognised as loans and receivables under IAS 39 now classified as amortised cost under IFRS 9, represents the maximum credit exposure
question: What was the maximum exposure to credit risk at 31 March 2019?
answer: £59.1m
question: What are the geographic regions involving the maximum exposure to credit risk for trade receivables at the reporting date?
answer: UK
Ireland
question: In which year was the amount for Ireland larger?
answer: 2018
derivation: 0.5>0.4
question: What was the change in the amount for Ireland?
answer: -0.1
derivation: 0.4-0.5
scale: million
question: What was the percentage change in the amount for Ireland?
answer: -20
derivation: (0.4-0.5)/0.5
scale: percent
Common Stock Price Range 2018
Low
High
First Quarter
$ 5.99
$ 8.40
Second Quarter
$ 4.79
$ 6.48
Third Quarter
$ 2.66
$ 4.63
Fourth Quarter
$ 1.88
$ 3.39

text: ITEM 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
text: Our common stock is listed on the Nasdaq Global Market under the symbol “LWAY.” Trading commenced on March 29, 1988. As of March 16, 2020, there were approximately 147 holders of record of Lifeway’s Common Stock.
text: Common stock price
text: The following table shows the high and low sale prices per share of our common stock as reported on the Nasdaq Global Market for each quarter during the two most recent fiscal years:

Questions:
question: What was the low sale price per share for each quarters in 2018 in chronological order?
answer: $ 5.99
$ 4.79
$ 2.66
$ 1.88
question: What is the symbol of the company's common stock that is listed on the Nasdaq Global Market?
answer: LWAY
question: When did trading commence?
answer: March 29, 1988
question: In 2018, how many quarters had stock prices lower than $2.00 during their lows?
answer: 1
derivation: Fourth quarter
question: In the first quarter of 2018, what is the difference between the low and high price?
answer: 2.41
derivation: 8.40-5.99
question: What is the average quarterly low price in 2018?
answer: 3.83
derivation: (5.99+4.79+2.66+1.88)/4
December 31,
2018
2019
Wages and salaries
158,371
191,459
Social security
14,802
17,214
Pension expenses
6,937
8,408
Share-based payment expenses
8,215
10,538
Restructuring expenses
178
108
Total
188,503
227,727

text: Personnel expenses for employees were as follows:
text: Personnel expenses are included in cost of sales and in operating expenses in the consolidated statement of profit or loss.

Questions:
question: Where are personnel expense included in the consolidated statement?
answer: cost of sales and in operating expenses
question: What are the years that information regarding personnel expenses is made available?
answer: 2018
2019
question: What is the  Wages and salaries expense for 2018?
answer: 158,371
question: What is the component that made up the most of Personnel expenses in 2018 and 2019 respectively?
answer: Wages and salaries
Wages and salaries
derivation: For 2018 find the largest number in col3 rows 3 to 7 and the corresponding component  For 2019 find the largest number in col4 rows 3 to 7 and the corresponding component
question: What is the change in total personnel expenses from 2018 to 2019?
answer: 39224
derivation:  227,727 - 188,503 
question: What is the percentage change in total personnel expenses from 2018 to 2019?
answer: 20.81
derivation:  (227,727 - 188,503 )/188,503
scale: percent
Days past due
1–90
91–180
181–360
>360
Total
Country risk: Low
1,347
125
127
313
1,912
Country risk: Medium
891
725
600
819
3,035
Country risk: High
583
365
217
1,315
2,480
Total past due
2,821
1,215
944
2,447
7,427

text: Aging analysis of gross values by risk category at December 31, 2019
text: The distribution of trade receivables and contract assets closely follows the distribution of the Company’s sales, see note B1, “Segment information.” The ten largest customers represented 49% (53%) of the total trade receivables and contract assets in 2019.

Questions:
question: What does the distribution of trade receivables and contract assets follow?
answer: distribution of the Company’s sales
question: What is proportion of the 10 largest customers in total trade receivables and contract assets in 2019?
answer: 49%
question: What is the total past due for 2019?
answer: 7,427
question: What is the difference in low and medium country risk due for 1-90 days past due?
answer: 456
derivation: 1,347-891
question: What is the difference between 1-90 and 91-180 days past due in low risk country?
answer: 1222
derivation: 1,347-125
question: What is the difference between 181-360 and >360 due for all countries?
answer: 1503
derivation: 2,447-944
(dollars in thousands)
Last Fiscal Year of Expiration
Amount
Income tax net operating loss carryforwards:(1)
Domestic–state
2039
$57,299
Foreign
2039 or indefinite
$565,609
Tax credit carryforwards:(1)
Domestic–federal
2029
$39,784
Domestic–state
2027
$3,313
Foreign(2)
2027 or indefinite
$15,345

text: Tax Carryforwards
text: The amount and expiration dates of income tax net operating loss carryforwards and tax credit carryforwards, which are available to reduce future taxes, if any, as of August 31, 2019 are as follows:
text: (1) Net of unrecognized tax benefits.
text: (2) Calculated based on the deferral method and includes foreign investment tax credits

Questions:
question: How was foreign tax credit carryforwards calculated?
answer: based on the deferral method and includes foreign investment tax credits
question: What was the last fiscal year of expiration for domestic-state tax credit carryforwards? 
answer: 2027
question: What was the amount of domestic-state income tax net operating loss carryforwards?
answer: $57,299
scale: thousand
question: What was the sum of all Income tax net operating loss carryforwards?
answer: 622908
derivation: $57,299+$565,609
scale: thousand
question: What was the sum of all Tax credit carryforwards?
answer: 58442
derivation: $39,784+$3,313+$15,345
scale: thousand
question: What was the domestic-state tax credit carryforwards as a ratio of domestic-federal tax credit carryforwards?
answer: 8.33
derivation: $3,313/$39,784
scale: percent
Fiscal
2019
2018
2017
(in millions)
Transportation Solutions:
Automotive
$ 5,686
$ 6,092
$  5,228
Commercial transportation
1,221
1,280
997
Sensors
914
918
814
Total Transportation Solutions
7,821
8,290
7,039
Industrial Solutions:
Industrial equipment
1,949
1,987
1,747
Aerospace, defense, oil, and gas
1,306
1,157
1,075
Energy
699
712
685
Total Industrial Solutions
3,954
3,856
3,507
Communications Solutions:
Data and devices
993
1,068
963
Appliances
680
774
676
Total Communications Solutions
1,673
1,842
1,639
Total
$ 13,448
$ 13,988
$ 12,185

text: Net sales by segment and industry end market(1) were as follows:
text: (1) Industry end market information is presented consistently with our internal management reporting and may be revised periodically as management deems necessary.

Questions:
question: How is industry end market information presented?
answer: consistently with our internal management reporting and may be revised periodically as management deems necessary.
question: In which years was for the net sales by segment and industry end market calculated?
answer: 2019
2018
2017
question: What are the types of Solutions segments in the table?
answer: Transportation Solutions
Industrial Solutions
Communications Solutions
question: In which year was the amount for Sensors the largest?
answer: 2018
derivation: 918>914>814
question: What was the change in the amount for Appliances in 2019 from 2018?
answer: -94
derivation: 680-774
scale: million
question: What was the percentage change in the amount for Appliances in 2019 from 2018?
answer: -12.14
derivation: (680-774)/774
scale: percent
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

text: Deferred Tax Assets and Liabilities
text: 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:

Questions:
question: What results in deferred income taxes?
answer: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes
question: What is the amount of net deferred tax assets in 2019?
answer: $ 2,620
scale: million
question: What are the components under deferred tax liabilities in the table?
answer: Intangible assets
Property, plant, and equipment
Other
question: In which year were Inventories larger?
answer: 2018
derivation: 58>43
question: What was the change in deferred revenue in 2019 from 2018?
answer: -1
derivation: 4-5
scale: million
question: What was the percentage change in deferred revenue in 2019 from 2018?
answer: -20
derivation: (4-5)/5
scale: percent
Years Ended March 31,
2019
2018
2017
Swiss
$212,986
$177,935
$161,544
Non-Swiss
58,147
54,330
53,445
Income before taxes
$271,133
$232,265
$214,989

text: Note 7—Income Taxes
text: The
Company
is
incorporated
in
Switzerland
but
operates
in
various
countries
with
differing
tax
laws
and
rates.
Further,
a
portion
of
the
Company's
income
(loss)
before
taxes
and
the
provision
for
(benefit
from)
income
taxes
is
generated
outside
of
Switzerland.
text: Income
from
continuing
operations
before
income
taxes
for
fiscal
years
2019
,
2018
and
2017
is
summarized
as
follows
(in
thousands):

Questions:
question: What is the income from Non-Swiss in 2017?
answer: 53,445
scale: thousand
question: What is the percentage increase in Swiss income from 2017 to 2018?
answer: 10.15
derivation: ($177,935 - $161,544) / $161,544
scale: percent
question: What percentage of the total income before taxes does Swiss income form a part of in 2019?
answer: 78.55
derivation: ($212,986 / $271,133)
scale: percent
question: What is the average of the Non-Swiss income from 2017 to 2019
answer: 55307.33
derivation: (58,147 + 54,330 + 53,445) / 3
scale: thousand
question: What is the income from Swiss in 2017?
answer: $161,544
scale: thousand
question: What is the Non-Swiss income for 2018?
answer: 54,330
scale: thousand
Financial assets
Financial liabilities
2019
2018
2019
2018
RMB’Million
RMB’Million
RMB’Million
RMB’Million
Opening balance – IAS 39
77,131
2,154
Adjustment on adoption of IFRS 9
22,976
–
Opening balance – IFRS 9
83,934
100,107
4,466
2,154
Additions
39,116
51,185
75
3,301
Business combination
–
–
(977)
–
Disposals/Settlements
(6,714)
(9,899)
(1,193)
–
Transfers
(4,552)
(93,151)
–
–
Changes in fair value recognised in other comprehensive income
328
261
–
–
Changes in fair value recognised in profit or loss*
9,241
30,485
(463)
(1,063)
Currency translation differences
1,740
4,946
(35)
74
Closing balance
123,093
83,934
1,873
4,466
* Includes unrealised gains or (losses) recognised in profit or loss attributable to balances held at the end of the reporting period
3,265
6,861
(463)
(1,063)

text: 3.3 Fair value estimation (continued)                                                       If one or more of the significant inputs are not based on observable market data, the instrument is included in level 3.
text: Specific valuation techniques used to value financial instruments mainly include:
text: Dealer quotes for similar instruments;
text: The fair value of interest rate swaps is calculated as the present value of the estimated future cash flows based on observable yield curves; and
text: Other techniques, such as discounted cash flow analysis, are used to determine fair value for financial instruments.
text: During the year ended 31 December 2019, there was 1 transfer between level 1 and 2 for recurring fair value measurements. For transfers in and out of level 3 measurements see the following table, which presents the changes of financial instruments in level 3 for the years ended 31 December 2019 and 2018:

Questions:
question: What is the 2018 IAS 39 opening balance of financial assets?
answer: 77,131
scale: million
question: What is the 2018 IAS 39 opening balance of financial liabilities?
answer: 2,154
scale: million
question: What is the 2018 IFRS9 opening balance of financial assets?
answer: 100,107
scale: million
question: How much is the change in additions of financial assets from 2018 to 2019?
answer: -12069
derivation: 39,116-51,185
scale: million
question: What is the 2019 financial assets closing balance expressed as a percentage of 2018 financial assets closing balance?
answer: 146.65
derivation: 123,093/83,934
scale: percent
question: How much is the change between 2018 and 2019 currency translation differences of financial assets?
answer: -3206
derivation: 1,740-4,946
scale: million