next-tat/TAT-QA huggingface dataset:
£m – including Group’s share of joint ventures
Group 2019
Group 2018
Total borrowings
4,916.8
5,331.0
Cash and cash equivalents
(223.0)
(274.3)
Net debt
4,693.8
5,056.7
Less Metrocentre compound financial instrument
(195.4)
(189.5)
Net external debt
4,498.4
4,867.2
Analysed as:
Debt including Group’s share of joint ventures
4,721.4
5,141.5
Cash including Group’s share of joint ventures
(223.0)
(274.3)
Net external debt
4,498.4
4,867.2

text: Capital structure
text: The Group seeks to enhance shareholder value both by investing in the business so as to improve the return on investment and by managing the capital structure. The capital of the Group consists of equity, debt and a compound financial instrument. The Group aims to access both debt and equity capital markets with maximum efficiency and flexibility.
text: The key metrics used to monitor the capital structure of the Group are net external debt, debt to assets ratio and interest cover. The Group’s stated medium to long-term preference is for the debt to assets ratio to be within the 40–50 per cent range and interest cover to be greater than 1.60x. The debt to assets ratio has increased to 67.8 per cent in the year due to the deficit on property revaluation. As part of the revised strategy, the Group is looking to reduce net external debt as well as reduce the debt to assets ratio to below 50 per cent. Additional information on the Group’s revised strategy is provided in the chief executive’s review on pages 6 to 8. The interest cover ratio continues to be above the preferred level.
text: As the Group’s debt is sometimes secured on its interests in joint ventures, these metrics are monitored for the Group including share of joint ventures. Additional information including reconciliations from the relevant IFRS amounts to those including the Group’s share of joint ventures as presented below is provided in presentation of information on pages 157 to 161.
text: – net external debt

Questions:
question: What is the total borrowings in 2019?
answer: 4,916.8
scale: million
question: What is the total borrowings in 2018?
answer: 5,331.0
scale: million
question: What is the Net debt in 2019?
answer: 4,693.8
scale: million
question: What is the percentage change in the net debt from 2018 to 2019?
answer: -7.18
derivation: (4,693.8-5,056.7)/5,056.7
scale: percent
question: What is the percentage change in the net external debt from 2018 to 2019?
answer: -7.58
derivation: (4,498.4-4,867.2)/ 4,867.2
scale: percent
question: What is the percentage of total borrowings in net debt in 2019?
answer: 104.75
derivation: 4,916.8/4,693.8
scale: percent
2019
2018
Total cash provided by (used in) continuing operations:
Operating activities
$168,405
$104,055
Investing activities
(13,819)
65,661
Financing activities
(5,730)
(445,529)
Net increase (decrease) in cash from continuing operations
$148,856
$(275,813)

text: The table below summarizes our cash flows from continuing operations activities for each of the last two fiscal years (in thousands):
text: Operating Activities. Operating cash flows increased $64.4 million in 2019 compared with 2018 primarily due to favorable changes in working capital of  $37.0 million, primarily due to lower income tax payments of$41.3 million, and higher net income adjusted for non-cash items of $27.3 million
text: Pension and Postretirement Contributions — Our policy is to fund our pension plans at or above the minimum required by law. As of January 1, 2019, the date of our last actuarial funding valuation for our qualified pension plan, there was no minimum contribution funding requirement. In 2019 and 2018, we contributed $6.2 million and $5.5 million, respectively, to our pension and postretirement plans. We do not anticipate making any contributions to our qualified defined benefit pension plan in fiscal 2020. For additional information, refer to Note 12, Retirement Plans, of the notes to the consolidated financial statements.

Questions:
question: How much did operating cash flows increased by from 2018 to 2019?
answer: $64.4 million
question: How much money was contributed to the pension and postretirement plan in 2019?
answer: $6.2 million
question: How much money was contributed to the pension and postretirement plan in 2018?
answer: $5.5 million
question: What is the average of the cash flows for operating activities for 2018 and 2019?
answer: 136230
derivation: ($168,405 + $104,055)/2
scale: thousand
question: What is the difference in cash flows for investing activities between 2018 and 2019?
answer: 79480
derivation: $65,661 + $13,819 
scale: thousand
question: What is the percentage change in cash flows from operating activities from 2018 to 2019?
answer: 61.84
derivation: ($168,405 - $104,055)/$104,055 
scale: percent
Cost
Fair Value
(in thousands)
Due in one year or less
$4,842,996
$4,844,145
Due after one year through five years
331,707
333,019
Due in more than five years
41,612
41,756
$5,216,315
$5,218,920

text: The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
text: The Company has the ability, if necessary, to liquidate its investments in order to meet the Company’s liquidity needs in the next 12 months. Accordingly, those investments with contractual maturities greater than 12 months from the date of purchase nonetheless are classified as short-term on the accompanying Consolidated Balance Sheets.

Questions:
question: What is the amount of fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due in more than five years?
answer: 41,612
scale: thousand
question: What is the amount of amortized cost of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due in one year or less?
answer: $4,842,996
scale: thousand
question: What is the amount of fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due after one year through five years?
answer: 333,019
scale: thousand
question: What is the percentage of fair value of cash equivalents, investments, and restricted investments with contractual maturities that is due in more than five years in the total fair value?
answer: 0.8
derivation: 41,756/5,218,920
scale: percent
question: What is the percentage of amortized cost of cash equivalents, investments, and restricted investments with contractual maturities that is due in more than five year in the total cost?
answer: 0.8
derivation: 41,612/5,216,315
scale: percent
question: Which measurement of cash equivalents, investments, and restricted investments with contractual maturities has a higher total amount?
answer: Fair Value
derivation: Find the measurement with the higher total amount
June 30,
2019
June 30,
2018
Deferred maintenance
$192,955
$164,986
Other deferred revenue  
10,287
9,539
Total deferred revenue, net  
203,242
174,525
Less: current portion  
144,230
130,865
Non-current deferred revenue, net
$59,012
$43,660

text: Deferred Revenue
text: The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
text: Total deferred revenue increased primarily due to the extended duration period of new maintenance contracts during fiscal year 2019.

Questions:
question: Which years does the table provide information for the company's contract liabilities?
answer: 2019
2018
question: What was the net total deferred revenue in 2019?
answer: 203,242
scale: thousand
question: What was the other deferred revenue in 2018?
answer: 9,539
scale: thousand
question: How many years did Other deferred revenue exceed $10,000 thousand?
answer: 1
derivation: 2019
question: What was the change in the amount of Deferred maintenance between 2018 and 2019?
answer: 27969
derivation: 192,955-164,986
scale: thousand
question: What was the percentage change in the net Non-current deferred revenue between 2018 and 2019?
answer: 35.16
derivation: (59,012-43,660)/43,660
scale: percent
Fiscal Years Ended March 31,
2019
2018
2017
Net income (1)
$206,587
$254,127
$47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2)
(24,065)
35,271
(15,284)
Defined benefit pension plans
(927)
167
163
Defined benefit post-retirement plan adjustments
(86)
(255)
20
Equity interest in investee’s other comprehensive income (loss)
(11)
5,584
1,440
Foreign exchange contracts
(588)
(1,753)
3,274
Excluded component of fair value hedges
(2,249)
—
—
Other comprehensive income (loss) (2)
(27,926)
39,014
(10,387)
Total comprehensive income (1)
$178,661
$293,141
$36,770

text: Consolidated Statements of Comprehensive Income (Loss)
text: (Amounts in thousands)
text: (1) Fiscal years ended March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
text: (2) Fiscal year ended March 31, 2018 adjusted due to the adoption of ASC 606.
text: See accompanying notes to consolidated financial statements.

Questions:
question: Which years does the table provide information for the Consolidated Statements of Comprehensive Income (Loss)?
answer: 2019
2018
2017
question: What was the net income in 2017?
answer: 47,157
scale: thousand
question: What was the Defined benefit pension plans in 2019?
answer: (927)
scale: thousand
question: How many years did net income exceed $100,000 thousand?
answer: 2
derivation: 2019##2018
question: What was the change in Defined benefit post-retirement plan adjustments between 2017 and 2019?
answer: -106
derivation: -86-20
scale: thousand
question: What was the percentage change in the Total comprehensive income between 2018 and 2019?
answer: -39.05
derivation: (178,661-293,141)/293,141
scale: percent
Fiscal year-end
2019
2018
Euro Term Loan due 2024(1)
$385,208
$411,661
1.3% Term loan due 2024
5,466
7,242
1.0% State of Connecticut term loan due 2023
1,028
1,406
Capital lease obligations
536
402
Total long-term obligations
$392,238
$420,711

text: Long-term obligations consist of the following (in thousands):
text: (1) Net of debt issuance costs of $6.4 million and $11.2 million at September 28, 2019 and September 29, 2018, respectively.

Questions:
question: What does the Euro Term Loan due 2024 consist of?
answer: Net of debt issuance costs of $6.4 million and $11.2 million at September 28, 2019 and September 29, 2018, respectively.
question: What was the Total long-term obligations in 2019?
answer: $392,238
scale: thousand
question: In which years was Total long-term obligations calculated?
answer: 2019
2018
question: In which year was the 1.0% State of Connecticut term loan due 2023 larger?
answer: 2018
derivation: 1,406>1,028
question: What was the change in Capital lease obligations from 2018 to 2019?
answer: 134
derivation: 536-402
scale: thousand
question: What was the percentage change in Capital lease obligations from 2018 to 2019?
answer: 33.33
derivation: (536-402)/402
scale: percent
(in thousands of $)
2019
2018
As of January 1
20,000
1,177,489
Additions
372,849
118,942
Transfer to vessels and equipment, net (note 16)
—
(1,296,431)
Transfer from vessels and equipment, net (note 16)
—
20,000
Transfer from other non-current assets (note 17)
31,048
—
Interest costs capitalized
10,351
—
As of December 31
434,248
20,000

text: 15. ASSET UNDER DEVELOPMENT
text: In May 2018, upon the completion of the Hilli FLNG conversion and commissioning, we reclassified $1,296 million to "Vessels and equipment, net" in our consolidated balance sheet as of December 31, 2018.
text: In December 2018, we entered into agreements with Keppel for the conversion of the Gimi to a FLNG and consequently reclassified the carrying value of the Gimi of $20.0 million from "Vessels and equipment, net" to "Asset under development".
text: In February 2019, Golar entered into an agreement with BP for the employment of a FLNG unit, Gimi, to service the Greater Tortue Ahmeyim project for a 20-year period expected to commence in 2022.
text: In April 2019, we issued the shipyard with a Final Notice to Proceed with conversion works that had been initiated under the Limited Notice to Proceed. We also completed the sale of 30% of the total issued ordinary share capital of Gimi MS Corp to First FLNG Holdings (see note 5). The estimated conversion cost of the Gimi is approximately $1.3 billion.

Questions:
question: What was the reason for entering into agreements with Keppel in 2018?
answer: For the conversion of the Gimi to a FLNG
question: Which years did Golar enter into agreements with companies like Keppel and BP respectively?
answer: 2018
2019
question: What was the conversion cost of the Gimi?
answer: $1.3 billion
question: Which year was the asset under development as of January 1 higher?
answer: 2018
derivation: 1,177,489 > 20,000
question: What was the change in additions between 2018 and 2019?
answer: 253907
derivation: 372,849 - 118,942 
scale: thousand
question: What was the percentage change in asset under development as of December 31 between 2018 and 2019?
answer: 2071.24
derivation: (434,248 - 20,000)/20,000 
scale: percent
($ in millions)
For the year ended December 31:
2019
2018
Non-U.S. DB plans
$  243
$  325
Non pension postretirement benefit plans
304
335
Multi-employer plans
32
38
DC plans
1,040
1,024
Direct benefit payments
559
567
Total
$2,177
$2,288

text: Contributions and Direct Benefit Payments
text: It is the company’s general practice to fund amounts for pensions sufficient to meet the minimum requirements set forth in applicable employee benefits laws and local tax laws. From time to time, the company contributes additional amounts as it deems appropriate.
text: The following table presents the contributions made to the non-U.S. DB plans, non pension postretirement benefit plans, multi-employer plans, DC plans and direct payments for 2019 and 2018. The cash contributions to the multi-employer plans represent the annual cost included in the net periodic (income)/ cost recognized in the Consolidated Income Statement. The company’s participation in multi-employer plans has no material impact on the company’s financial statements.
text: In 2019 and 2018, $635 million and $598 million, respectively, was contributed in U.S. Treasury securities, which is considered a non-cash transaction (includes the Active Medical Trust).

Questions:
question: In 2019, what was the amount contributed to US Treasury securities?
answer: $635 million
question: Contribution to US Treasury is considered what kind of a transaction?
answer: non-cash transaction
question: What was the Non pension post retirement benefit plan in 2019?
answer: 304
scale: million
question: What is the increase / (decrease) in the Non-U.S. DB plans from 2018 to 2019?
answer: -82
derivation: 243 - 325
scale: million
question: What is the average Non pension postretirement benefit plans?
answer: 319.5
derivation: (304 + 335) / 2
scale: million
question: What is the percentage increase / (decrease) in the Direct benefit payments from 2018 to 2019?
answer: -1.41
derivation: 559 / 567 - 1
scale: percent
2019
2018
(in thousands)
Maintenance, service and training
$63,815
$58,362
Extended warranty
30,677
27,422
Customer advances, undelivered elements and other
56,358
24,677
Total deferred revenue and customer advances
$150,850
$110,461

text: Services
text: Teradyne services consist of extended warranties, training and application support, service agreement, post contract customer support (“PCS”) and replacement parts. Each service is recognized based on relative standalone selling price. Extended warranty, training and support, service agreements and PCS are recognized over time based on the period of service. Replacement parts are recognized at a point in time upon transfer of control to the customer.
text: Teradyne does not allow customer returns or provide refunds to customers for any products or services. Teradyne products include a standard 12-month warranty. This warranty is not considered a distinct performance obligation because it does not obligate Teradyne to provide a separate service to the customer and it cannot be purchased separately. Cost related to warranty are included in cost of revenues when product revenues are recognized.
text: As of December 31, 2019 and 2018, deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances:

Questions:
question: What does Teradyne services consist of?
answer: extended warranties, training and application support, service agreement, post contract customer support (“PCS”) and replacement parts
question: Where are deferred revenue and customer advances included in?
answer: the short and long-term deferred revenue and customer advances
question: In which years were Total deferred revenue and customer advances calculated?
answer: 2019
2018
question: In which year was Maintenance, service and training larger?
answer: 2019
derivation: 63,815>58,362
question: What was the change in Extended warranty from 2018 to 2019?
answer: 3255
derivation: 30,677-27,422
scale: thousand
question: What was the percentage change in Extended warranty from 2018 to 2019?
answer: 11.87
derivation: (30,677-27,422)/27,422
scale: percent
January 1, 2020
February 1, 2019
United States
$860
$849
International
209
113
Total
$1,069
$962

text: Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
text: No individual country other than the U.S. accounted for 10% or more of these assets as of January 31, 2020 and February 1, 2019
text: VMware’s product and service solutions are organized into three main product groups:
text: • Software-Defined Data Center
text: • Hybrid and Multi-Cloud Computing
text: • Digital Workspace—End-User Computing
text: VMware develops and markets product and service offerings within each of these three product groups. Additionally, synergies are leveraged across these three product areas. VMware’s products and service solutions from each of its product groups may also be bundled as part of an enterprise agreement arrangement or packaged together and sold as a suite. Accordingly, it is not practicable to determine revenue by each of the three product groups described above.

Questions:
question: Which years does the table include information for long-lived assets by geographic area, which primarily include property and equipment, net?
answer: 2020
2019
question: What was the net property and equipment in the United States in 2019?
answer: 849
scale: million
question: What was the total net property and equipment in 2020?
answer: 1,069
scale: million
question: What was the change in the international net property and equipment between 2019 and 2020?
answer: 96
derivation: 209-113
scale: million
question: What was the change in the United States net property and equipment between 2019 and 2020?
answer: 11
derivation: 860-849
scale: million
question: What was the percentage change in the total net property and equipment between 2019 and 2020?
answer: 11.12
derivation: (1,069-962)/962
scale: percent
December 31,
(in thousands)
2019
2018
Finished Goods
$8,320
$12,472
Work in process
—
67
Component parts
6,768
4,716
Service parts
4,238
5,482
$19,326
$22,737

text: Note 7 — Inventories, net
text: Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net consist of the following:
text: At December 31, 2019 and 2018, the Company had recorded inventory write-downs of $9.6 million and $9.8 million , respectively, against Restaurant/Retail inventories, which relate primarily to service parts.

Questions:
question: Where are Inventories used?
answer: in the manufacture and service of Restaurant/Retail products.
question: How much was the inventory write-downs at December 31, 2019 and 2018 respectively?
answer: $9.6 million
$9.8 million
question: What is the value of Finished Goods in 2019 and 2018 respectively?
answer: $8,320
$12,472
scale: thousand
question: What is the change in Finished Goods between December 31, 2018 and 2019?
answer: -4152
derivation: 8,320-12,472
scale: thousand
question: What is the change in Component parts between December 31, 2018 and 2019?
answer: 2052
derivation: 6,768-4,716
scale: thousand
question: What is the average Finished Goods for December 31, 2018 and 2019?
answer: 10396
derivation: (8,320+12,472) / 2
scale: thousand
Fees (in thousands of U.S. dollars)
2019
2018
Audit Fees (1)
2,723
2,529
Audit-Related Fees (2)
33
59
Tax Fees (3)
23
32
Total
2,779
2,620

text: Item 16C. Principal Accountant Fees and Services
text: Our principal accountant for 2019 and 2018 was KPMG LLP, Chartered Professional Accountants. The following table shows the fees Teekay and our subsidiaries paid or accrued for audit and other services provided by KPMG LLP for 2019 and 2018.
text: (1) Audit fees represent fees for professional services provided in connection with the audits of our consolidated financial statements and effectiveness of internal control over financial reporting, reviews of our quarterly consolidated financial statements and audit services provided in connection with other statutory or regulatory filings for Teekay or our subsidiaries including professional services in connection with the review of our regulatory filings for public offerings of our subsidiaries.
text: Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
text: (2) Audit-related fees consisted primarily of accounting consultations, employee benefit plan audits, services related to business acquisitions, divestitures and other attestation services. (3) For 2019 and 2018, tax fees principally included corporate tax compliance fees.
text: The Audit Committee has the authority to pre-approve audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees. Engagements for proposed services either may be separately pre-approved by the Audit Committee or entered into pursuant to detailed pre-approval policies and procedures established by the Audit Committee, as long as the Audit Committee is informed on a timely basis of any engagement entered into on that basis.
text: The Audit Committee separately pre-approved all engagements and fees paid to our principal accountants in 2019 and 2018.

Questions:
question: Who was the principal accountant for 2019 and 2018?
answer: KPMG LLP, Chartered Professional Accountants.
question: What fees was paid to KPMG LLP by Teekay Tankers during 2019 and 2018 respectively?
answer: $588,200
$517,000
question: What fees was paid to KPMG LLP by Teekay LNG during 2019 and 2018?
answer: $928,300
$859,000
question: What is the change in Audit Fees from 2019 to 2018?
answer: 194
derivation: 2,723-2,529
scale: thousand
question: What is the change in Audit-Related Fees from 2019 to 2018?
answer: -26
derivation: 33-59
scale: thousand
question: What is the change in Tax Fees from 2019 to 2018?
answer: -9
derivation: 23-32
scale: thousand