next-tat/TAT-QA huggingface dataset:
Year ended December 31,
2018
2019
Current:
The Netherlands
(4,128)
(28,409)
Other countries
(6,374)
(9,011)
(10,502)
(37,420)
Deferred:
The Netherlands
1,944
(6,860)
Other countries
(6,878)
(9,370)
Income tax expense
(15,436)
(53,650)

text: NOTE 22. INCOME TAXES
text: Amounts recognized in profit or loss
text: The income tax expense consists of:

Questions:
question: What does the table show?
answer: The income tax expense
question: What is the total current income tax expense for 2019?
answer: (37,420)
question: What is the current income tax expense for The Netherlands in 2018 and 2019 respectively?
answer: (4,128)
(28,409)
question: What is the percentage change in total Income tax expense from 2018 to 2019?
answer: 247.56
derivation: (-53,650-(-15,436))/-15,436
scale: percent
question: What is the Current income tax expense for The Netherlands expressed as a percentage of Total income tax expense?
answer: 52.95
derivation: -28,409/-53,650
scale: percent
question: What is the change in total Current income tax expense from 2018 to 2019?
answer: -26918
derivation: -37,420-(-10,502)
Group
2019
2018
S$ Mil
S$ Mil
Operating expenses included the following:
Auditors' remuneration
- KPMG LLP, Singapore
2.4
-
- KPMG, Australia
1.2
-
- Other KPMG offices
1.3
-
- Deloitte & Touche LLP, Singapore
-
1.5
- Deloitte Touche Tohmatsu, Australia
-
1.2
- Other Deloitte & Touche offices
-
2.1
Non-audit fees (1) paid to
- KPMG LLP, Singapore
0.4
-
- KPMG, Australia
0.4
-
- Other KPMG offices
0.1
-
- Deloitte & Touche LLP, Singapore
- -
0.3
- Deloitte Touche Tohmatsu, Australia
-
0.3
- Other Deloitte & Touche offices
-
0.2
Impairment of trade receivables
121.8
128.0
Allowance for inventory obsolescence
1.1
7.1
Operating lease payments
437.2
470.7

text: 5.5 Other Operating Expense Items
text: Note: (1) The non-audit fees for the current financial year ended 31 March 2019 included S$0.4 million and S$0.2million paid to KPMG LLP, Singapore and KPMG, Australia in respect of tax services, certification and review for regulatory purposes. In the previous financial year, the non-audit fees included S$0.2 million and S$0.3 million paid to Deloitte & Touche LLP, Singapore, and Deloitte Touche Tohmatsu, Australia, respectively in respect of tax services, certification and review for regulatory purposes.
text: The Audit Committee had undertaken a review of the non-audit services provided by the auditors, KPMG LLP, and in the opinion of the Audit Committee, these services did not affect the independence of the auditors. The Audit Committee had undertaken a review of the non-audit services provided by the auditors, KPMG LLP, and in the opinion of the Audit Committee, these services did not affect the independence of the auditors.

Questions:
question: What is the key focus of note 5.5?
answer: Other Operating Expense Items
question: Does the non-audit services provided by KPMG LLP affect their independence?
answer: these services did not affect the independence of the auditors
question: What services do the non-audit fees pertain to?
answer: tax services, certification and review for regulatory purposes
question: How many categories of operating expenses are there?
answer: 5
derivation: Auditors' remuneration## Non-audit fees## Impairment of trade receivables## Allowance for inventory obsolescence## Operating lease payments
question: In which year was there a higher total audit fee paid?
answer: 2019
derivation: 2.4 + 1.2 + 1.3 = 4.9 > 1.5 + 1.2 + 2.1 = 4.8
question: What is the average impairment of trade receivables across the 2 years?
answer: 124.9
derivation: (128 + 121.8)/2
scale: million
September 27, 
September 28, 
2019
2018
Construction in process
24,848
49,661
Machinery and equipment
175,696
174,638
Leasehold improvements
12,962
14,984
Furniture and fixtures
3,716
2,306
Capital lease assets
46,496
19,380
Computer equipment and software
18,116
17,317
           Total property and equipment
281,834
278,286
Less accumulated depreciation and amortization
(149,187)
(128,363)
Property and equipment — net
$132,647
$149,923

text: 9. PROPERTY, PLANT AND EQUIPMENT
text: Property, plant and equipment consists of the following (in thousands):
text: Depreciation and amortization expense related to property and equipment for fiscal years 2019, 2018 and 2017 was $29.7 million, $30.7 million and $27.3 million, respectively. Accumulated depreciation on capital lease assets for fiscal years 2019 and 2018 was $5.3 million and $3.2 million, respectively.
text: See Note 17 - Impairments and Note 15 - Restructurings for information related to property and equipment impaired during fiscal year 2019.

Questions:
question: What was the depreciation and amortization expense related to property and equipment for 2019?
answer: $29.7 million
question: What was the respective value of construction in process in 2019 and 2018?
answer: 24,848
49,661
scale: thousand
question: What was the value of Machinery and equipment in 2019?
answer: 175,696
scale: thousand
question: In which year was value of Construction in process less than 30,000 thousands?
answer: 2019
derivation: locate and analyze construction in process in row 3
question: What was the average value of Machinery and equipment for 2018 and 2019?
answer: 175167
derivation: (175,696 + 174,638) / 2
scale: thousand
question: What is the change in the Leasehold improvements from 2018 to 2019?
answer: -2022
derivation: 12,962 - 14,984
scale: thousand
Ratings Level (S&P/Moody's/Fitch)
Facility Fee Rate
All-in Borrowing Spread
A-/A3/A- or above
0.090%
1.000%
BBB+/Baa1/BBB+
0.100%
1.125%
BBB/Baa2/BBB (current level)
0.125%
1.250%
BBB-/Baa3/BBB-
0.175%
1.375%
BB+/Ba1/BB+ or lower
0.225%
1.625%

text: Standard & Poor's Rating Services', a Standard & Poor's Financial Services LLC business ("S&P"), corporate credit rating is "BBB." Moody’s Investor Service, Inc.'s ("Moody's") applicable rating is "Baa2." Fitch Ratings', a wholly owned subsidiary of Fimlac, S.A. ("Fitch"), applicable rating is "BBB." The below table outlines the fees paid on the unused portion of the facility ("Facility Fee Rate") and letter of credit fees and borrowings ("Undrawn Letter of Credit Fee and Borrowing Spread") that corresponds to the applicable rating levels from S&P, Moody's and Fitch.
text: In the event the rating levels are split, the applicable fees and spread will be based upon the rating level in effect for two of the rating agencies, or, if all three rating agencies have different rating levels, the applicable fees and spread will be based upon the rating level that is between the rating levels of the other two rating agencies.

Questions:
question: What happens when all three rating agencies have different rating levels?
answer: the applicable fees and spread will be based upon the rating level that is between the rating levels of the other two rating agencies.
question: What percentage of the loan is the company currently paying for the unused portion of the facility?
answer: 0.125%
question: What are the firm's current credit rating by the three rating agencies?
answer: Standard & Poor's Rating Services', a Standard & Poor's Financial Services LLC business ("S&P"), corporate credit rating is "BBB."
Moody’s Investor Service, Inc.'s ("Moody's") applicable rating is "Baa2."
Fitch Ratings', a wholly owned subsidiary of Fimlac, S.A. ("Fitch"), applicable rating is "BBB."
question: What is the difference in Facility Fee Rate between Tyson Foods and a company with a credit rating of A-/A3/A- or above?
answer: 0.04
derivation: 0.125% - 0.09%
scale: percent
question: What is the difference between the All-in Borrowing Spread and the Facility Fee Rate for Tyson Foods currently?
answer: 1.13
derivation: 1.250% - 0.125%
scale: percent
question: Suppose the approved loan amount for Tyson Foods is $12 million. What is the Facility Fee Rate payable?
answer: 0.01
derivation: 0.125% * 12
scale: million
Years ended December 31,
2019
2018
(in thousands)
Monthly Recurring Revenue
$53,898
$40,932
Gross Merchandise Volume
$61,138,457
$41,103,238

text: Key Performance Indicators
text: Key performance indicators, which we do not consider to be non-GAAP measures, that we use to evaluate our business, measure our performance, identify trends affecting our business, formulate financial projections and make strategic decisions include Monthly Recurring Revenue ("MRR") and Gross Merchandise Volume ("GMV"). Our key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies.
text: The following table shows MRR and GMV for the years ended December 31, 2019 and 2018.

Questions:
question: What are the 2 financial items listed in the table?
answer: Monthly Recurring Revenue
Gross Merchandise Volume
question: Which financial years' information is shown in the table?
answer: 2018
2019
question: What is the full form of "MRR"?
answer: Monthly Recurring Revenue
question: What is the average monthly recurring revenue for 2018 and 2019?
answer: 47415
derivation: (53,898+40,932)/2
scale: thousand
question: What is the average gross merchandise volume for 2018 and 2019?
answer: 51120847.5
derivation: (61,138,457+41,103,238)/2
scale: thousand
question: What is the change between 2018 and 2019 year ended's monthly recurring revenue ?
answer: 12966
derivation: 53,898-40,932
scale: thousand
€ million
2017/2018
2018/2019
Gains from the disposal of fixed assets and gains from the reversal of impairment losses
145
360
Income from logistics services
285
257
Services
251
250
Rents incl. reimbursements of subsidiary rental costs
268
236
Services rendered to suppliers
111
103
Miscellaneous
211
198
1,271
1,405

text: 2. Other operating income
text: Gains from the disposal of fixed assets and gains from the reversal of impairment losses includes €354 million of income from the disposal of real estates (2017/18: €137 million) and €5 million of income from reversal of impairment losses (2017/18: €4 million). Project developments and sale-and-leaseback transactions contributed to the real estate transactions.
text: The income from logistics services provided by METRO LOGISTICS to companies intended for disposal and non-group companies is offset by expenses from logistics services, which are reported under other operating expenses.
text: The other operating income includes cost allocations and cost shares as well as a great number of insignificant individual items.
text: Disclosures on companies intended for sale can be found under no. 43 – discontinued business sectors page 266 .

Questions:
question: What does the other operating income include?
answer: cost allocations and cost shares as well as a great number of insignificant individual items.
question: What is offset by expenses from logistic services?
answer: The income from logistics services provided by METRO LOGISTICS to companies intended for disposal and non-group companies
question: What are the components of Gains from the disposal of fixed assets and gains from the reversal of impairment losses?
answer: income from the disposal of real estates
income from reversal of impairment losses
question: In which year was the amount of Services larger?
answer: 2017/2018
derivation: 251>250
question: What was the change in Miscellaneous in 2018/2019 from 2017/2018?
answer: -13
derivation: 198-211
scale: million
question: What was the percentage change in Miscellaneous in  2018/2019 from 2017/2018?
answer: -6.16
derivation: (198-211)/211
scale: percent
increase (decrease)
Change between Fiscal increase (decrease)
(In thousands)
2019 and 2018
2018 and 2017
Payroll and payroll-related benefits
$(48)
$48,717
Commissions
(6,588)
16,993
Contract labour and consulting
(871)
609
Share-based compensation
(752)
(454)
Travel and communication
(1,113)
271
Marketing expenses
(5,742)
3,880
Facilities
808
8,373
Bad debt expense
3,519
4,013
Other miscellaneous
(319)
2,285
Total change in sales and marketing expenses
$(11,106)
$84,687

text: Sales and marketing expenses consist primarily of personnel expenses and costs associated with advertising, marketing events and trade shows.
text: Sales and marketing expenses decreased by $11.1 million during the year ended June 30, 2019 as compared to the prior fiscal year. This was primarily due to (i) a decrease in commissions expense of $6.6 million, of which approximately $8.9 million is the net result of the Company capitalizing more commission expense under Topic 606, whereas previously, under Topic 605, such costs would have been expensed as incurred, (ii) a decrease in marketing expenses of $5.7 million and (iii) a decrease in travel and communication expenses of $1.1 million. These were partially offset by (i) an increase in bad debt expense of $3.5 million as certain low dollar receivables were provided for entirely as they became aged greater than one year. Overall, our sales and marketing expenses, as a percentage of total revenues, decreased to approximately 18% from approximately 19% in the prior fiscal year.
text: Our sales and marketing labour resources increased by 103 employees, from 1,948 employees at June 30, 2018 to 2,051 employees at June 30, 2019.

Questions:
question: What does Sales and marketing expenses consist primarily of?
answer: personnel expenses and costs associated with advertising, marketing events and trade shows
question: How many employees are there at June 30, 2019?
answer: 2,051
question: What is the Total decrease in sales and marketing expenses from 2018 to 2019?
answer: 11,106
scale: thousand
question: What is the Total change in sales and marketing expenses from fiscal year 2017 to 2019?
answer: 73581
derivation: 84,687-11,106
scale: thousand
question: What is the average annual Total change in sales and marketing expenses? 
answer: 36790.5
derivation: (84,687-11,106)/2
scale: thousand
question: What is the change in Marketing expenses from 2017 to 2019?
answer: -1862
derivation: 3,880-5,742
scale: thousand
Number of RSUs Outstanding (in thousands)
Weighted- Average Grant Date Fair Value Per Share
Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2016
3,554
$18.01
$73,261
Granted
3,005
30.20
Released
(1,680)
19.54
Canceled/Forfeited
(598)
20.91
Outstanding at December 31, 2017
4,281
$25.51
$207,197
Granted
1,746
67.64
Released
(1,971)
30.50
Canceled/Forfeited
(495)
34.99
Outstanding at December 31, 2018
3,561
$42.09
$293,523
Granted
2,069
122.35
Released
(1,906)
50.99
Canceled/Forfeited
(475)
60.38
Outstanding at December 31, 2019
3,249
$85.39
$548,145

text: Restricted Stock Units
text: The 2013 Plan provides for the issuance of RSUs to employees, directors, and consultants. RSUs issued under the 2013 Plan generally vest over four years. A summary of activity of RSUs under the 2013 Plan at December 31, 2019 and changes during the periods then ended is presented in the following table:
text: As of December 31, 2019 and 2018, there was a total of $198.3 million and $107.9 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs, which will be recognized on a straight-line basis over the remaining weighted-average vesting periods of approximately 2.3 years and 2.4 years, respectively.

Questions:
question: How many years do the RSUs issued under the 2013 Plan generally vest over?
answer: four years
question: As of December 31 2019 and 2018, what are the respective values of unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs?
answer: $198.3 million
$107.9 million
question: As of December 31, 2019 and 2018, what are the respective remaining weighted-average vesting periods of  unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs?
answer: 2.3 years
2.4 years
question: What is the percentage change in outstanding RSUs between December 31, 2016 and December 31, 2017?
answer: 20.46
derivation: (4,281 - 3,554)/3,554 
scale: percent
question: What is the percentage change in outstanding RSUs between December 31, 2017 and December 31, 2018?
answer: -16.82
derivation: (3,561 - 4,281)/4,281 
scale: percent
question: What is the percentage of granted RSUs as a percentage of outstanding RSUs at December 2016?
answer: 84.55
derivation: (3,005/3,554) 
scale: percent
December 31,
2019
2018
Prepaid expenses
$1,948
$1,179
Securities litigation insurance receivable
16,627
306
Other current assets
1,556
2,865
Prepaid expenses and other current assets
$20,131
$4,350

text: Note 7. Prepaid Expenses and Other Current Assets and Accrued and Other Current Liabilities
text: Prepaid expenses and other current assets as of December 31, 2019 and 2018 consisted of the following:

Questions:
question: What are the respective prepaid expenses in 2018 and 2019?
answer: $1,179
$1,948
question: What are the respective securities litigation insurance receivable in 2018 and 2019?
answer: 306
16,627
question: What are the respective other current assets in 2018 and 2019? 
answer: 2,865
1,556
question: What is the percentage change in prepaid expenses between 2018 and 2019?
answer: 65.22
derivation: (1,948 - 1,179)/1,179 
scale: percent
question: What is the average prepaid expenses paid in 2018 and 2019?
answer: 1563.5
derivation: (1,948 + 1,179)/2 
question: What is the total prepaid expenses made in 2018 and 2019?
answer: 3127
derivation: 1,948 + 1,179
USDm
2019
2018
2017
Audit fees
Fees payable to the Company's auditor for the audit of the Company's annual accounts
0.4
0.4
0.4
Audit of the Company's subsidiaries pursuant to legislation
0.2
0.2
0.2
Total audit fees
0.6
0.6
0.6
Non-audit fees
Audit-related services
0.1
0.2
0.4
Tax services
0.0
-
-
Total non-audit fees
0.1
0.2
0.4
Total
0.7
0.8
1.0

text: NOTE 4 – REMUNERATION TO AUDITORS APPOINTED AT THE PARENT COMPANY’S ANNUAL GENERAL MEETING
text: Under SEC regulations, the remuneration of the auditor of USD 0.7m (2018: USD 0.8m, 2017: USD 1.0m) is required to be presented as follows: Audit USD 0.6m (2018: USD 0.6m, 2017: USD 0.6m) and other audit-related services USD 0.1m (2018: USD 0.2m, 2017: USD 0.4m).
text: Our Audit Committee pre-approves all audit, audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees prior to the engagement of the independent auditor with respect to such services.

Questions:
question: What was the remuneration to the auditor in 2019?
answer: USD 0.7m
question: What was the amount of total audit fees in 2019?
answer: USD 0.6m
question: What are the types of audit fees in the table?
answer: Fees payable to the Company's auditor for the audit of the Company's annual accounts
Audit of the Company's subsidiaries pursuant to legislation
question: In which year was the total remuneration to the auditor the largest?
answer: 2017
derivation: 1.0>0.8>0.7
question: What was the change in the the total remuneration to the auditor in 2019 from 2018?
answer: -0.1
derivation: 0.7-0.8
scale: million
question: What was the percentage change in the the total remuneration to the auditor in 2019 from 2018?
answer: -12.5
derivation: (0.7-0.8)/0.8
scale: percent
Year Ended December 31,
(In thousands)
2019
2018
2017
Balance at beginning of year
$4,421
$6,667
$2,813
Provision charged to expense
9,347
8,793
7,072
Write-offs, less recoveries
(9,219)
(11,039)
(6,516)
Acquired allowance for doubtful accounts
—
—
3,298
Balance at end of year
$4,549
$4,421
$6,667

text: Accounts Receivable and Allowance for Doubtful Accounts
text: Accounts receivable consists primarily of amounts due to the Company from normal business activities. We maintain an allowance for doubtful accounts for estimated losses that result from the inability of our customers to make required payments.
text: The allowance for doubtful accounts is maintained based on customer payment levels, historical experience and management’s views on trends in the overall receivable agings. In addition, for larger accounts, we perform analyses of risks on a customer-specific basis. We perform ongoing credit evaluations of our customers’ financial condition and management believes that an adequate allowance for doubtful accounts has been provided.
text: Uncollectible accounts are removed from accounts receivable and are charged against the allowance for doubtful accounts when internal collection efforts have been unsuccessful. The following table summarizes the activity in allowance for doubtful accounts for the years ended December 31, 2019, 2018 and 2017:

Questions:
question: What does the accounts receivable consist of?
answer: consists primarily of amounts due to the Company from normal business activities.
question: What was the provision charged to expense in 2019?
answer: 9,347
scale: thousand
question: What was the Balance at beginning of year in 2019?
answer: $4,421
scale: thousand
question: What was the increase / (decrease) in the balance at beginning of year from 2018 to 2019?
answer: -2246
derivation: 4,421 - 6,667
scale: thousand
question: What was the average provision charged to expense for 2017-2019?
answer: 8404
derivation: (9,347 + 8,793 + 7,072) / 3
scale: thousand
question: What was the increase / (decrease) in the Acquired allowance for doubtful accounts from 2017 to 2018?
answer: -3298
derivation: 0 - 3,298
scale: thousand
Years Ended December 31,    
All figures in USD ‘000 
2019
2018
Variance 
Voyage Revenue  
317,220
289,016
9.8%
Voyage Expenses  
(141,770)
(165,012)
(14.1%)
Vessel Operating Expenses  
(66,033)
(80,411)
(17.9%)
Impairment Loss on Vessels  
-
(2,168)
N/A 
Impairment Loss on Goodwill  
-
-
N/A 
Loss from Disposal of Vessels  
-
(6,619)
N/A 
General and Administrative Expenses  
(13,481)
(12,727)
5.9%
Depreciation Expenses  
(63,965)
(60,695)
5.4%
Net Operating (Loss) Income  
31,971
(38,616)
(182.8%)
Interest Income  
298
334
(10.8%)
Interest Expenses  
(38,390)
(34,549)
11.1%
Other Financial Expenses  
(4,231)
(14,808)
(71.4%)
Equity Loss from Associate  
-
(7,667)
N/A 
Net (Loss) Income  
(10,352)
(95,306)
(89.1%)

text: A. Operating Results
text: YEAR ENDED DECEMBER 31, 2019 COMPARED TO YEAR ENDED DECEMBER 31, 2018
text: Management believes that net voyage revenue, a non-GAAP financial measure, provides additional meaningful information because it enables us to compare the profitability of our vessels which are employed under bareboat charters, spot related time charters and spot charters. Net voyage revenues divided by the number of days on the charter provides the Time Charter Equivalent (TCE) Rate. Net voyage revenues and TCE rates are widely used by investors and analysts in the tanker shipping industry for comparing the financial performance of companies and for preparing industry averages. We believe that our method of calculating net voyage revenue is consistent with industry standards. The table below reconciles our net voyage revenues to voyage revenues.

Questions:
question: What are the respective voyage revenue in 2018 and 2019?
answer: 289,016
317,220
scale: thousand
question: What are the respective voyage expenses in 2018 and 2019?
answer: 165,012
141,770
scale: thousand
question: What are the respective vessel operating expenses in 2018 and 2019?
answer: 80,411
66,033
scale: thousand
question: What is the percentage change in the voyage revenue between 2018 and 2019?
answer: 9.76
derivation: (317,220-289,016)/289,016 
scale: percent
question: What is the percentage change in the voyage expenses between 2018 and 2019?
answer: -14.09
derivation: (141,770 - 165,012)/165,012 
scale: percent
question: What is the percentage change in the vessel operating expenses between 2018 and 2019?
answer: -17.88
derivation: (66,033 - 80,411)/80,411 
scale: percent