next-tat/TAT-QA huggingface dataset:
Year Ended December 31,
Change
2019
2018
$
%
(dollars in thousands)
Other expense, net
$ 4,597
$ 4,628
$ (31)
(0.7)%
% of revenue
2%
3%

text: Other Income (Expense), Net
text: Other expense, net decreased by $31 thousand in 2019 compared to 2018 as a result of the recognition of a $1.4 million loss on extinguishment related to the partial repurchase of our 2022 Notes and a $1.1 million increase in interest expense related to our convertible senior notes, offset by an increase of $2.7 million of interest income earned on our investment as a result of proceeds invested from our convertible note and common stock offerings.

Questions:
question: What was the decrease in the Other net expense in 2019?
answer: $31 thousand
question: What was the increase in interest income?
answer: $2.7 million
question: What was the % of revenue in 2019 and 2018?
answer: 2
3
scale: percent
question: What was the average Other expense, net for 2018 and 2019?
answer: 4612.5
derivation: (4,597 + 4,628) / 2
scale: thousand
question: In which year was Other expense, net less than 5,000 thousands?
answer: 2019
2018
derivation: locate and analyze the other expenses in row 4
question: What is the change in the % of revenue from 2018 to 2019?
answer: -1
derivation: 2 - 3
scale: percent
Fiscal
2019
2018
($ in millions)
Transportation Solutions
$  7,821
58 %
$ 8,290
59 %
Industrial Solutions
3,954
30
3,856
28
Communications Solutions
1,673
12
1,842
13
Total
$ 13,448
100 %
$ 13,988
100 %

text: Net Sales
text: The following table presents our net sales and the percentage of total net sales by segment:

Questions:
question: What was the total net sales in 2019?
answer: $ 13,448
scale: million
question: What was the total Transportation Solutions sales in 2018?
answer: $ 8,290
scale: million
question: What are the segments for which the net sales are presented in the table?
answer: Transportation Solutions
Industrial Solutions
Communications Solutions
question: In which year was Industrial Solutions larger?
answer: 2019
derivation: 3,954>3,856
question: What was the change in Industrial Solutions in 2019 from 2018?
answer: 98
derivation: 3,954-3,856
scale: million
question: What was the percentage change in Industrial Solutions in 2019 from 2018?
answer: 2.54
derivation: (3,954-3,856)/3,856
scale: percent
£m
2019
2018
Revenue losses – UK
398.4
300.8
Capital losses – UK
34.5
34.2
Derivative financial instruments
172.7
184.9
Other temporary differences
20.1
9.7
Total unrecognised temporary differences
625.7
529.6

text: 10 Taxation (continued)
text: There are unrecognised deferred tax assets on the following temporary differences (presented below before the application of the relevant tax rate) due to uncertainty over the level of profits in the non-REIT elements of the Group in future periods:
text: The Company recognises no deferred tax asset or liability (2018: nil).

Questions:
question: What is the revenue losses in UK in 2019?
answer: 398.4
scale: million
question: What is the value of Derivative financial instruments in 2019?
answer: 172.7
scale: million
question: What is the amount of capital losses in UK in 2019?
answer: 34.5
scale: million
question: What is the percentage change in the revenue losses in UK from 2018 to 2019?
answer: 32.45
derivation: (398.4-300.8)/300.8
scale: percent
question: What is the change in capital losses from the UK between 2018 and 2019?
answer: 0.3
derivation: 34.5-34.2
scale: million
question: What is the percentage change in the total unrecognised temporary differences from 2018 to 2019?
answer: 18.15
derivation: (625.7-529.6)/529.6
scale: percent
€ million
€ million
2019
2018
(Restated)(a)
Goodwill and intangible assets
31,029
29,493
Other non-current assets
17,347
16,140
Current assets
16,430
15,478
Total assets
64,806
61,111
Current liabilities
20,978
20,150
Non-current liabilities
29,942
28,844
Total liabilities
50,920
48,994
Shareholders’ equity
13,192
11,397
Non-controlling interest
694
720
Total equity
13,886
12,117
Total liabilities and equity
64,806
61,111

text: Balance sheet
text: (a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details
text: Goodwill and intangible assets increased to €31.0 billion (2018: €29.5 billion) mainly as a result of acquisitions which contributed €1.2 billion and favourable currency impact of €0.5 billion driven by strengthening of the US Dollar and Pound Sterling.
text: In current assets, cash and cash equivalents increased by €1.0 billion. The increase is primarily due to strong cash delivery in several countries which will be used to repay short term debt in due course.
text: Current and non-current financial liabilities increased by €1.5 billion as a result of commercial paper issue and bank borrowings.
text: The net pension plan deficit was lower than prior year by €0.7 billion as
gains from investment performance exceeded the increase in liabilities.

Questions:
question: What caused the increase in Goodwill in 2019?
answer: mainly as a result of acquisitions which contributed €1.2 billion and favourable currency impact of €0.5 billion driven by strengthening of the US Dollar and Pound Sterling.
question: What caused the increase in the cash and cash equivalents in 2019?
answer: The increase is primarily due to strong cash delivery in several countries which will be used to repay short term debt in due course.
question: What caused the increase in the Current and non-current financial liabilities in 2019?
answer: as a result of commercial paper issue and bank borrowings.
question: What is the increase in Goodwill and intangible assets from 2018 to 2019?
answer: 1536
derivation: 31,029 - 29,493
scale: million
question: What is the percentage increase / (decrease) in Total Assets from 2018?
answer: 6.05
derivation: 64,806 / 61,111 - 1
scale: percent
question: What is the Current Ratio in 2019?
answer: 0.78
derivation: 16,430 / 20,978
As of December 31,
2018
2019
Derivative assets carried at fair value through profit or loss (FVTPL)
Interest rate swaps
15,188
18
Forward foreign exchange contracts
—
389
Derivative assets designated and effective as hedging instruments carried at fair value
Cross currency swaps
—
3,594
Total
15,188
4,001
Derivative financial instruments, current assets
6,222
429
Derivative financial instruments, non-current assets
8,966
3,572
Total
15,188
4,001

text: GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
text: 26. Derivative Financial Instruments
text: The fair value of the derivative assets is as follows:

Questions:
question: In which years was the fair value of the derivative assets recorded for?
answer: 2018
2019
question: What was the fair value of cross currency swaps in 2019?
answer: 3,594
scale: thousand
question: What was the fair value of derivatives non-current assets in 2019?
answer: 3,572
scale: thousand
question: In which year was the fair value of  Interest rate swaps  higher?
answer: 2018
derivation: 15,188>18
question: What was the change in fair value of interest rate swaps from 2018 to 2019?
answer: -15170
derivation: 18 - 15,188 
scale: thousand
question: What was the percentage change in total fair value of the derivative assets from 2018 to 2019?
answer: -73.66
derivation: (4,001 - 15,188)/15,188 
scale: percent
2018
Increase
GM$
GM%
GM$
GM%
GM$
GM%
(Dollar amount in thousands)
Products
$7,462
13%
$6,886
13%
$576
-%
Services
6,427
56%
5,376
55%
1,051
1
Total
$13,889
20%
$12,262
20%
1,627
-%

text: The impact of product mix within our TS segment on gross margins for the fiscal years ended September 30 was as follows:
text: The overall TS segment gross margin as a percentage of sales remained the same in fiscal year 2019 when compared to fiscal year 2018. The $0.6 million increase in our TS segment product gross margins resulted from an increase in product revenues in the U.S. division, partially offset by a decrease in the U.K division. The $1.1 million.increase in the TS segment service gross margins primarily resulted from increased service revenues in the U.S. division.

Questions:
question: When is the company's financial year end?
answer: September 30
question: How many product mixes does the company have?
answer: 2
question: What is the company's total gross margin in 2019?
answer: $13,889
scale: thousand
question: What is the company's total revenue in 2019?
answer: 69445
derivation: $13,889/20% 
scale: thousand
question: What percentage of the company's total gross margin arises from products?
answer: 53.73
derivation: $7,462/$13,889 
scale: percent
question: What is the percentage change in gross margins from services between 2018 and 2019?
answer: 19.55
derivation: (6,427 - 5,376)/5,376 
scale: percent
Twelve Months Ended December 31,
2019
2018
2017
2016
2015
(Dollars in thousands)
Net loss
$(1,383)
$(5,361)
$(4,262)
$(3,161)
$(3,711)
Depreciation and amortization
15,921
14,068
12,692
9,887
7,574
Interest expense
991
296
910
698
455
Income tax expense
144
77
75
66
58
EBITDA
$15,673
$9,080
$9,414
$7,490
$4,376
Loss on disposal of equipment
787
142
104
190
94
Non-cash share-based compensation
7,834
6,808
4,438
4,193
3,924
Launch expense (a)
4,563
3,540
3,066
2,813
2,626
Plant start-up expenses (b)
—
—
—
1,628
—
Warrant fair valuation (c)
—
—
335
49
(503)
Secondary offering expenses (d)
302
362
—
—
593
Leadership transition expenses (e)
—
—
63
1,291
—
Litigation expense (f)
—
348
145
—
—
Adjusted EBITDA
$29,159
$20,280
$17,565
$17,654
$11,110
Adjusted EBITDA as a % of Net Sales
11.9%
10.5%
11.5%
13.6%
9.8%

text: The following table provides a reconciliation of EBITDA and Adjusted EBITDA to net loss, the most directly comparable financial measure presented in accordance with U.S. GAAP:
text: (a) Represents new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements. The expense enhances the overall marketing spend to support our growing distribution network.
text: (b) Represents additional operating costs incurred in connection with the start-up of our new manufacturing lines as part of the Freshpet Kitchens expansion project in 2016 that included adding two additional product lines.
text: (c) Represents the change of fair value for the outstanding common stock warrants. All outstanding warrants were converted to common stock in September 2017.
text: (d) Represents fees associated with secondary public offerings of our common stock
text: (e) Represents charges associated with our former Chief Executive Officer’s separation agreement as well as changes in estimates associated with leadership transition costs.
text: (f) Represents fees associated with two securities lawsuits

Questions:
question: What financial items does EBITDA consist of as shown in the table?
answer: Net loss
Depreciation and amortization
Interest expense
Income tax expense
question: What is the Adjusted EBITDA for each of the financial year ends shown in the table (in chronological order) respectively?
answer: $11,110
$17,654
$17,565
$20,280
$29,159
scale: thousand
question: What was the EBITDA for each of the financial years ends listed shown in the table (in chronological order) respectively?
answer: $4,376
$7,490
$9,414
$9,080
$15,673
scale: thousand
question: What was the average EBITDA for 2018 and 2019?
answer: 12376.5
derivation: (15,673+9,080)/2
scale: thousand
question: What was the average adjusted EBITDA for 2018 and 2019?
answer: 24719.5
derivation: (29,159+20,280)/2
scale: thousand
question: What is the difference between average EBITDA and average adjusted EBITDA for 2018 and 2019?
answer: 12343
derivation: [(29,159+20,280)/2] - [(15,673+9,080)/2]
scale: thousand
August 31, 2019
August 31, 2018
Contract liabilities
$511,329
$—
Deferred income
—
691,365
Accrued compensation and employee benefits
600,907
570,400
Obligation associated with securitization programs
475,251
—
Other accrued expenses
1,402,657
1,000,979
Accrued expenses
$2,990,144
$2,262,744

text: 7. Accrued Expenses
text: Accrued expenses consist of the following (in thousands):

Questions:
question: What was the contract liabilities in 2019?
answer: $511,329
scale: thousand
question: What was the Accrued compensation and employee benefits in 2018?
answer: 570,400
scale: thousand
question: Which years does the table provide information for on accrued expenses?
answer: 2019
2018
question: What was the change in Accrued compensation and employee benefits between 2018 and 2019?
answer: 30507
derivation: 600,907-570,400
scale: thousand
question: How many years did accrued expenses exceed $2,000,000 thousand?
answer: 2
derivation: 2019##2018
question: What was the percentage change in accrued expenses between 2018 and 2019?
answer: 32.15
derivation: ($2,990,144-$2,262,744)/$2,262,744
scale: percent
USDm
2019
2018
2017
Financial income
Interest income from cash and cash equivalents, including restricted cash ¹⁾
2.5
2.7
1.6
Exchange rate adjustments, including gain from forward exchange rate contracts
0.3
0.6
2.7
Total
2.8
3.3
4.3
Financial expenses
Interest expenses on mortgage and bank debt ¹⁾
39.3
35.7
33.3
Exchange rate adjustments, including loss from forward exchange rate contracts
0.2
0.1
3.2
Commitment fee
1.9
2.6
2.4
Other financial expenses
0.5
0.9
1.7
Total
41.9
39.3
40.6
Total financial items
-39.1
-36.0
-36.3

text: NOTE 9 – FINANCIAL ITEMS
text: ¹⁾ Interest for financial assets and liabilities not at fair value through profit and loss.

Questions:
question: What is the total financial income for 2019?
answer: 2.8
scale: million
question: What is the amount of total financial items in 2019?
answer: -39.1
scale: million
question: What are the main categories analyzed under Financial Items in the table?
answer: Financial income
Financial expenses
question: In which year was the amount of financial income the smallest?
answer: 2019
derivation: 2.8<3.3<4.3
question: What was the change in total financial expenses in 2019 from 2018?
answer: 2.6
derivation: 41.9-39.3
scale: million
question: What was the percentage change in total financial expenses in 2019 from 2018?
answer: 6.62
derivation: (41.9-39.3)/39.3
scale: percent
(In millions)
Blue Coat
LifeLock
Total
Goodwill
$4,084
$1,397
$5,481
Intangible assets
1,608
1,247
2,855
Net liabilities assumed
(1,019)
(361)
(1,380)
Total purchase price
$4,673
$2,283
$6,956

text: Fiscal 2017 acquisitions
text: On August 1, 2016, we acquired all of the outstanding common stock of Blue Coat, Inc. (Blue Coat), a provider of advanced web security solutions for global enterprises and governments. The addition of Blue Coat’s suite of network and cloud security products to our innovative Enterprise Security product portfolio has enhanced our threat protection and information protection products while providing us with complementary products, such as advanced web and cloud security solutions, that address the network and cloud security needs of enterprises.
text: On February 9, 2017, we completed the acquisition of LifeLock, Inc. (LifeLock) a provider of proactive identity theft protection services for consumers and consumer risk management services for enterprises. LifeLock’s services are provided on a monthly or annual subscription basis and provide identification and notification of identity-related and other events and assist users in remediating their impact.
text: The total consideration for the acquisitions, net of cash acquired, consisted of the following:

Questions:
question: What was the company acquired in August 1, 2016?
answer: Blue Coat, Inc. (Blue Coat)
question: What was the company acquired in February 9, 2017?
answer: LifeLock, Inc. (LifeLock)
question: What is the total purchase price for Blue coat?
answer: $4,673
scale: million
question: What is the difference in Total purchase price between Blue Coat and LifeLock?
answer: 2390
derivation: 4,673-2,283
scale: million
question: What is the Goodwill for Blue Coat expressed as a percentage of Total purchase price?
answer: 87.4
derivation: 4,084/4,673
scale: percent
question: What is the Goodwill for LifeLock expressed as a percentage of Total purchase price?
answer: 61.19
derivation: 1,397/2,283
scale: percent
(in thousands of $)
2019
2018
2017
The Cool Pool (i)
39,666
151,152
59,838
Magni Partners (ii)
(858)
(375)
(260)
Borr Drilling (iii)
542
—
—
2020 Bulkers (iv)
265
—
—
Total
39,615
150,777
59,578

text: d) Transaction with other related parties:
text: Net revenues/(expenses): The transactions with other related parties for the years ended December 31, 2019, 2018 and 2017 consisted of the following:
text: (i) The Cool Pool - On July 8, 2019 GasLog's vessel charter contracts had concluded and withdrew their participation from the Cool Pool. Following Gaslog's departure, we assumed sole responsibility for the management of the Cool Pool and consolidate the Cool Pool. From point of consolidation, the Cool Pool ceased to be a related party.
text: (ii) Magni Partners - Tor Olav Trøim is the founder of, and partner in, Magni Partners (Bermuda) Limited, a privately held Bermuda company, and is the ultimate beneficial owner of the company. Receivables and payables from Magni Partners comprise primarily of the cost (without mark-up) or part cost of personnel employed by Magni Partners who have providedadvisory and management services to Golar. These costs do not include any payment for any services provided by Tor Olav Trøim himself.
text: iii) Borr Drilling - Tor Olav Trøim is the founder, and director of Borr Drilling, a Bermuda company listed on the Oslo and NASDAQ stock exchanges. Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office.
text: iv) 2020 Bulkers - 2020 Bulkers is a related party by virtue of common directorships. Receivables comprise primarily of management and administrative services provided by our Bermuda corporate office.

Questions:
question: In which years was the transaction with other related parties recorded for?
answer: 2019
2018
2017
question: What are the different parties involved with the transactions?
answer: The Cool Pool
Magni Partners
Borr Drilling
2020 Bulkers
question: Who is the founder of Borr Drilling?
answer: Tor Olav Trøim
question: In which year was the transaction with The Cool Pool the highest?
answer: 2018
derivation: 151,152 > 59,838 > 39,666
question: What was the change in total transaction with other related parties from 2018 to 2019?
answer: -111162
derivation: 39,615 - 150,777 
scale: thousand
question: What was the percentage change in total transaction with other related parties from 2017 to 2018?
answer: 153.07
derivation: (150,777 - 59,578)/59,578 
scale: percent
Year-ended 31 March 2019
Year-ended 31 March 2018
Number
WASP
Number
WASP
Restricted share units
000’s
£ pence
000’s
£ pence
Outstanding at the start of the year
14,840
316.09
15,350
215.92
Awarded
8,749
478.44
6,337
453.14
Forfeited
(1,421)
426.11
(1,421)
284.15
Released
(6,822)
309.77
(5,426)
218.49
Outstanding at the end of the year
15,346
401.27
14,840
316.09

text: Restricted Share Units
text: The following table illustrates the number and WASP on date of award, and movements in, restricted share units (“RSUs”) and cash-based awards granted under the 2015 LTIP:
text: RSUs and cash-based awards have a vesting period between two to five years, with no award vesting within the first 12 months of the grant.

Questions:
question: What is the vesting period of RSUs and cash-based awards?
answer: between two to five years, with no award vesting within the first 12 months of the grant.
question: What was the number of RSUs and cash-based awards outstanding at the end of the year in 2019?
answer: 15,346
scale: thousand
question: What are the types of movements in restricted share units (“RSUs”) and cash-based awards in the table?
answer: Awarded
Forfeited
Released
question: In what year was the number of RSUs and cash-based awards outstanding at the end of the year larger?
answer: 2019
derivation: 15,346>14,840
question: What was the change in the number of RSUs and cash-based awards outstanding at the end of the year in 2019 from 2018?
answer: 506
derivation: 15,346-14,840
scale: thousand
question: What was the percentage change in the number of RSUs and cash-based awards outstanding at the end of the year in 2019 from 2018?
answer: 3.41
derivation: (15,346-14,840)/14,840
scale: percent
Fiscal year
% Change
(in millions of €)
2019
2018
Actual
Comp.
Orders
5,806
5,569
4 %
3 %
Revenue
5,526
4,930
12 %
11 %
Adjusted EBITA
(71)
(305)
77 %
Adjusted EBITA margin
(1.3) %
(6.2) %

text: Supported by a recovery in commodity-related markets, orders and revenue showed broad-based growth year-over-year with strongest increases in the mechanical drives business. Overall, Portfolio Companies businesses made good progress in achieving their targets. Adjusted EBITA improved in all fully consolidated units and turned positive in total, mainly driven by the large drives applications business.
text: The result from equity investments in total also improved slightly, though it was negative in both periods under review. Severance charges decreased to € 14 million, from € 86 million in fiscal 2018. Portfolio Companies’ order backlog was € 5 billion at the end of the fiscal year, of which € 3 billion are expected to be converted into revenue in fiscal 2020. Regarding Portfolio Companies’ at-equity investments, volatile results are expected in coming quarters.
text: Markets for Portfolio Companies are generally impacted by rising uncertainties regarding geopolitical and economic developments, which weaken investment sentiment. Although the broad range of businesses are operating in diverse markets, overall, moderate growth is expected in the coming years for the main markets served by the Portfolio Companies.
text: Beginning with fiscal 2020, the equity investments Ethos Energy Group Limited and Voith Hydro Holding GmbH & Co. KG, the subsea business, and the majority of the process solutions business will be transferred to the Operating Company Gas and Power. If this organizational structure had already existed in fiscal 2019, Portfolio Companies would have posted orders of € 4.746 billion, revenue of € 4.558 billion and Adjusted EBITA of €(115) million.
text: Mitsubishi-Hitachi Metals Machinery (MHMM) and Siemens AG reached an agreement in September 2019, that MHMM will acquire Siemens’ stake in Primetals Technologies. Closing of the transaction is subject to customary conditions and is expected by the beginning of calendar 2020.

Questions:
question: What was the reason for the increase in the Adjusted EBITDA?
answer: Adjusted EBITA improved in all fully consolidated units and turned positive in total, mainly driven by the large drives applications business.
question: How have the markets for Portfolio Companies been impacted?
answer: Markets for Portfolio Companies are generally impacted by rising uncertainties regarding geopolitical and economic developments, which weaken investment sentiment.
question: If the new organizational structure had already existed in fiscal 2019, Smart Infrastructure would have posted what revenue in 2019? 
answer: 4.558 billion
question: What was the average orders for 2019 and 2018?
answer: 5687.5
derivation: (5,806 + 5,569) / 2
scale: million
question: What is the increase / (decrease) in revenue from 2018 to 2019?
answer: 596
derivation: 5,526 - 4,930
scale: million
question: What is the increase / (decrease) in the Adjusted EBITDA margin from 2018 to 2019?
answer: -4.9
derivation: (1.3%) - (6.2%)
scale: percent