next-tat/TAT-QA huggingface dataset:
2019
2018
RMB’Million
RMB’Million
Net gains on disposals and deemed disposals of investee companies (Note (a))
8,492
2,932
Net fair value gains on FVPL (Note (b))
9,511
28,738
Subsidies and tax rebates
4,263
3,456
Impairment provision/(reversal) for investee companies and intangible assets arising from acquisitions (Note (c))
(4,006)
(17,577)
Net fair value gains on other financial instruments (Note 27 and Note 38)
1,647
1,019
Dividend income
1,014
686
Donations to Tencent Charity Funds
(850)
(730)
Others
(382)
(1,810)
19,689
16,714

text: 7 OTHER GAINS, NET
text: Note: (a) The disposal and deemed disposal gains of approximately RMB8,492 million recognised during the year ended 31 December 2019 mainly comprised the following:
text: – net gains of approximately RMB4,859 million (2018: RMB1,661 million) on dilution of the Group’s equity interests in certain associates due to new equity interests being issued by these associates (Note 21). These investee companies are principally engaged in Internet-related business; and
text: – aggregate net gains of approximately RMB3,633 million (2018: RMB1,271 million) on disposals, partial disposals or deemed disposals of various investments of the Group.
text: (b) Net fair value gains on FVPL of approximately RMB9,511 million (Note 24) recognised during the year ended 31 December 2019 mainly comprised the following:
text: – aggregate gains of approximately RMB1,886 million (2018: RMB22,215 million) arising from reclassification of several investments principally engaged in Internet-related business from FVPL to investments in associates due to the conversion of the Group’s redeemable instruments or preferred shares of these investee companies into their ordinary shares and the Group has board representation upon their respective initial public offerings (“IPO”); and
text: – net gains of approximately RMB7,625 million (2018: RMB6,523 million) from fair value changes of FVPL.

Questions:
question: How much is the 2019 subsidies and tax rebates?
answer: 4,263
scale: million
question: How much is the 2018 subsidies and tax rebates?
answer: 3,456
scale: million
question: How much is the 2019 dividend income?
answer: 1,014
scale: million
question: What is the change in Net fair value gains on FVPL from 2018 to 2019?
answer: -19227
derivation: 9,511-28,738
scale: million
question: What is the change in subsidies and tax rebates from 2018 to 2019?
answer: 807
derivation: 4,263-3,456
scale: million
question: What is the change in dividend income from 2018 to 2019?
answer: 328
derivation: 1,014-686
scale: million
NSPT Group
2019
2018
$'000
$'000
Foreign currency translation reserve
Opening balance at 1 July
(115)
232
Net investment hedge
(1,591)
1,007
Foreign exchange translation differences
2,464
(1,354)
Closing balance at 30 June
758
(115)
Cash flow hedge reserve
Opening balance at 1 July
(2,073)
(45)
Revaluation of derivatives
(22,098)
(2,112)
Taxation impact on revaluation
290
84
Closing balance at 30 June
(23,881)
(2,073)
Other reserves
(23,123)
(2,188)

text: The movements below in foreign currency translation reserve and cashflow hedge reserve relating to the NSPT Group are presented within non-controlling interest in the Group’s consolidated statement of changes in equity.
text: Taxation impact on revaluation applies only to cash flow hedges held in NSNZPT, a sub-trust of NSPT, which is subject to New Zealand tax legislation. Deferred tax does not apply to any other cash flow hedges held in the NSPT Group under current Australian tax legislation.
text: The hedging reserve is used to record gains or losses on derivatives that are designated as cash flow hedges and recognised in other comprehensive income, as described in note 2(m). Amounts are reclassified to profit or loss in the period when the associated hedged transaction takes place.
text: On 24 June 2019, the Group reset the interest rates associated with AUD denominated interest rate swaps designated as cash flow hedges. This resulted in a cash outflow of $22.9m which reduced the Group’s financial liability as presented in note 9.8. In accordance with AASB 9 Financial instruments, as the nature of the underlying hedged instrument is unchanged the fair value of this outflow remains in the cash flow hedge reserve and will be amortised to the statement of profit or loss in future periods.
text: The cash flow hedge is included in non-controlling interest in the Consolidated Group and is not classified within other reserves.

Questions:
question: Where is the hedging reserve used?
answer: record gains or losses on derivatives that are designated as cash flow hedges and recognised in other comprehensive income, as described in note 2(m).
question: What was the cash outflow which reduced the Group's financial liability?
answer: $22.9m
question: What was the Net investment hedge in 2019 and 2018 respectively?
answer: (1,591)
1,007
scale: thousand
question: What was the average Foreign exchange translation differences for 2018 and 2019?
answer: 555
derivation: (2,464 - 1,354) / 2
scale: thousand
question: In which year is the Net investment hedge negative?
answer: 2019
derivation: locate and analyze Net investment hedge in row 6
question: What is the change in the Taxation impact on revaluation from 2018 to 2019?
answer: 206
derivation: 290 - 84
scale: thousand
Payments due by period
€m
Contractual obligations and commitments1
Total
< 1 year
1–3 years
3–5 years
>5 years
Financial liabilities2
86,160
21,953
11,404
14,881
37,922
Operating lease commitments3
10,816
2,834
2,881
1,689
3,412
Capital commitments3,4
3,012
1,514
1,274
173
51
Purchase commitments5
8,460
4,091
2,616
689
1,064
Total
108,448
30,392
18,175
17,432
42,449

text: Contractual obligations and commitments
text: A summary of our principal contractual financial obligations and commitments at 31 March 2019 are set out below. In addition, information in relation to our participation in the current German spectrum licence auction and our commitments arising from the Group’s announcement on 9 May 2018 that it had agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania (are set out in note 28 “Commitments”).
text: Notes: 1 This table includes obligations to pay dividends to non-controlling shareholders (see “Dividends from associates and to non-controlling shareholders” on page 160). The table excludes current and deferred tax liabilities and obligations under post employment benefit schemes, details of which are provided in notes 6 “Taxation” and 25 “Post employment benefits” respectively. The table also excludes the contractual obligations of associates and joint ventures.
text: 2 See note 21 “Capital and financial risk management”.
text: 3 See note 28 “Commitments”.
text: 4 Primarily related to spectrum and network infrastructure.
text: 5 Primarily related to device purchase obligations.

Questions:
question: What information does this table show?
answer: summary of our principal contractual financial obligations and commitments at 31 March 2019
question: What are the total financial liabilities?
answer: 86,160
scale: million
question: What are the total operating lease commitments?
answer: 10,816
scale: million
question: How much financial liabilities are due for payment soonest?
answer: 21,953
derivation: < 1 year
scale: million
question: What percentage of total contractual obligations and commitments is the financial liabilities?
answer: 79.45
derivation: 86,160/108,448
scale: percent
question: What is the difference between percentage of total capital commitments and total purchase commitments against total contractual obligations and commitments respectively?
answer: -5.02
derivation: (3,012/108,448) - (8,460/108,448)
scale: percent
As of December 31,
2018
2019
Borrowings, current portion
520,550
255,422
Borrowings, non-current portion
2,307,909
2,891,973
Lease liabilities, current portion
6,675
9,363
Lease liabilities, non-current portion
199,424
195,567
Total debt
3,034,558
3,352,325
Total equity
1,983,122
1,649,853
Total debt and equity
5,017,680
5,002,178
Gearing ratio
60.48%
67.01%

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: 25. Capital Risk Management
text: The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern, to ensure that it maintains a strong credit rating and healthy capital ratios in order to support its business and maximize shareholders value.
text: The Group monitors capital using a gearing ratio, which is total debt divided by total equity plus total debt. The gearing ratio is calculated as follows:

Questions:
question: How is gearing ratio calculated?
answer: total debt divided by total equity plus total debt
question: What is the Group's goal when managing capital?
answer: To safeguard the Group’s ability to continue as a going concern, to ensure that it maintains a strong credit rating and healthy capital ratios in order to support its business and maximize shareholders value.
question: What are the components required to calculate gearing ratio?
answer: Total debt
Total debt and equity
question: Which year has a higher Total equity?
answer: 2018
derivation: 1,983,122 > 1,649,853 
question: What was the change in gearing ratio from 2018 to 2019?
answer: 6.53
derivation: 67.01% - 60.48% 
scale: percent
question: What was the percentage change in total equity from 2018 to 2019?
answer: -16.81
derivation: (1,649,853 - 1,983,122)/1,983,122 
scale: percent
(In millions of dollars, except tax rates)
Years ended December 31
2019
2018
%Chg
Adjusted EBITDA 1
6,212
5,983
4
Deduct (add):
Depreciation and amortization
2,488
2,211
13
Gain on disposition of property, plant and equipment
-
(16)
(100)
Restructuring, acquisition and other
139
210
(34)
Finance costs
840
793
6
Other income
(10)
(32)
(69)
Income tax expense
712
758
(6)
Net income
2,043
2,059
(1)

text: INCOME TAX EXPENSE
text: Below is a summary of the difference between income tax expense computed by applying the statutory income tax rate to income before income tax expense and the actual income tax expense for the year.
text: Our effective income tax rate this year was 25.8% compared to 26.9% for 2018. The effective income tax rate for 2019 was lower than the statutory tax rate primarily as a result of a reduction to the Alberta corporate income tax rate over a four-year period.

Questions:
question: What was the effective tax rate in 2019?
answer: 25.8%
question: What was the effective tax rate in 2018?
answer: 26.9%
question: What caused the decrease in effective tax rate from 2018 to 2019?
answer: reduction to the Alberta corporate income tax rate over a four-year period
question: What was the increase / (decrease) in Adjusted EBITDA from 2018 to 2019?
answer: 229
derivation: 6,212 - 5,983
scale: million
question: What was the average Depreciation and amortization?
answer: 2349.5
derivation: (2,488 + 2,211) / 2
scale: million
question: What was the increase / (decrease) in Finance cost from 2018 to 2019?
answer: 47
derivation: 840 - 793
scale: million
December 31
2019
2018
Estimated Useful Lives
Land
$730
$585
Furniture and fixtures
476
430
5-10 years
Plant
9,667
8,613
20-40 years, or life of lea
Computer and software
1,317
1,295
3-5 years
Leasehold improvements
2,019
681
4-15 years, or life of lease
Machinery and equipment
16,864
13,528
5-15 years
Property and equipment, cost
31,073
25,132
Less accumulated depreciation
11,996
10,122
Property and equipment, net
$      19,077
$     15,010

text: NOTE 8. PROPERTY AND EQUIPMENT
text: The following table details the components of property and equipment (amounts in thousands).
text: Amounts payable for property and equipment included in accounts payable totaled $0.1 million at December 31, 2019, and $0.2 million at December 31, 2018. During 2019, we financed the purchase of $0.3 million of property with finance leases and equipment notes. Assets which had not yet been placed in service, included in property and equipment, totaled $1.5 million at December 31, 2019, and $2.2 million at December 31, 2018.

Questions:
question: What are the respective values of land in 2018 and 2019?
answer: $585
$730
scale: thousand
question: What are the respective values of furniture and fixtures in 2018 and 2019?
answer: 430
476
scale: thousand
question: What are the respective values of plant in 2018 and 2019?
answer: 8,613
9,667
scale: thousand
question: What is the change in the land value between 2018 and 2019?
answer: 145
derivation: 730 - 585 
scale: thousand
question: What is the change in the furniture and fixtures value between 2018 and 2019?
answer: 46
derivation: 476 - 430 
scale: thousand
question: What is the change in the plant value between 2018 and 2019?
answer: 1054
derivation: 9,667 - 8,613 
scale: thousand
September 30,
2019
2018
Series A senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35%
$  50,000
$  50,000
Series B senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35%
50,000
50,000
Series C senior unsecured notes payable to a group of insurance companies, interest fixed at 3.70%
25,000
25,000
Series D senior unsecured notes payable to a group of insurance companies, interest fixed at 3.93%
75,000
75,000
200,000
200,000
Less unamortized debt issuance costs
(175)
(207)
Less current portion
(10,714)
—
$189,111
$199,793

text: NOTE 11—FINANCING ARRANGEMENTS
text: Long-term debt consists of the following (in thousands):
text: Maturities of long-term debt for each of the five years in the period ending September 30, 2024, are as follows: 2020 — $10.7 million; 2021 — $35.7 million; 2022 — $35.7 million; 2023 — $35.7 million; 2024 — $35.7 million.
text: In March 2013, we entered into a note purchase and private shelf agreement pursuant to which we issued $100.0 million of senior unsecured notes, bearing interest at a rate of 3.35% and maturing on March 12, 2025. Pursuant to the agreement, on July 17, 2015, we issued an additional $25.0 million of senior unsecured notes, bearing interest at a rate of 3.70% and maturing on March 12, 2025. Interest payments on the notes issued in 2013 and 2015 are due semi-annually and principal payments are due from 2021 through 2025. On February 2, 2016 we revised the note purchase agreement and we issued an additional $75.0 million of senior unsecured notes bearing interest at 3.93% and maturing on March 12, 2026. Interest payments on these notes are due semi-annually and principal payments are due from 2020 through 2026.
text: The agreement pertaining to the aforementioned notes also contained a provision that the coupon rate would increase by a further 0.50% should the company’s leverage ratio exceed a certain level.

Questions:
question: What is the maturity of long-term debt for 2021?
answer: $35.7 million
question: What are the different series of senior unsecured notes payable to a group of insurance companies?
answer: Series A
Series B
Series C
Series D
question: What are the different interest rates for the different senior unsecured notes payable to a group of insurance companies?
answer: 3.35%
3.70%
3.93%
question: Which series of senior unsecured notes payable to a group of insurance companies is fixed at the largest interest rate?
answer: Series D
derivation: 3.93%>3.70%>3.35%
question: What is the change in the total amount of long-term debt in 2019 from 2018?
answer: -10682
derivation: 189,111-199,793
scale: thousand
question: What is the percentage change in the total amount of long-term debt in 2019 from 2018?
answer: -5.35
derivation: (189,111-199,793)/199,793
scale: percent
($ in millions)
At December 31, 2019:
Investment in Sales-Type and Direct Financing Leases
Commercial Financing Receivables
Client Loan and Installment Payment Receivables/ (Loans)
Total
Financing receivables, gross
$6,077
$3,836
$13,592
$23,504
Unearned income
(509)
(4)
(570)
(1,083)
Recorded investment
$5,567
$3,831
$13,022
$22,421
Allowance for credit losses
(72)
(11)
(138)
(221)
Unguaranteed residual value
652
—
—
652
Guaranteed residual value
53
—
—
53
Total financing receivables, net
$6,199
$3,820
$12,884
$22,904
Current portion
$2,334
$3,820
$ 8,037
$14,192
Noncurrent portion
$3,865
$      —
$ 4,847
$ 8,712

text: Financing receivables primarily consist of client loan and installment payment receivables (loans), investment in sales-type and direct financing leases, and commercial financing receivables. Client loan and installment payment receivables (loans) are provided primarily to clients to finance the purchase of hardware, software and services.
text: Payment terms on these financing arrangements are generally for terms up to seven years. Client loans and installment payment financing contracts are priced independently at competitive market rates. Investment in sales-type and direct financing leases relates principally to the company’s Systems products and are for terms ranging generally from two to six years.
text: Commercial financing receivables relate primarily to inventory and accounts receivable financing for dealers and remarketers of IBM and OEM products. Payment terms for inventory and accounts receivable financing generally range from 30 to 90 days.

Questions:
question: What is the payment term for financing arrangements
answer: Payment terms on these financing arrangements are generally for terms up to seven years. Client loans and installment payment financing contracts are priced independently at competitive market rates
question: What is the purpose of Client loan and installment payment receivables (loans)?
answer: Client loan and installment payment receivables (loans) are provided primarily to clients to finance the purchase of hardware, software and services.
question: What is the payment term for inventory and accounts receivable financing?
answer: Payment terms for inventory and accounts receivable financing generally range from 30 to 90 days.
question: What is the average of Total financing receivables, net?
answer: 7634.33
derivation: (6,199+3,820+12,884) / 3
scale: million
question: What is the average of Unearned income?
answer: 361
derivation: 1,083/ 3
scale: million
question: What is the average of Recorded investment?
answer: 7473.33
derivation: (5,567+3,831+13,022) / 3
scale: million
December 31,
2019
2018
Goodwill and other intangibles
$136,882
$114,532
Lease arrangements
31,128
—
Property and equipment
13,270
8,168
Unbilled receivables - IRC Section 481(a)
5,878
8,816
Gross deferred tax liabilities
187,158
131,516
Lease obligations
(34,146)
—
Retirement and other liabilities
(18,614)
(20,707)
Allowance for potential contract losses and other contract reserves
(2,205)
(1,681)
Foreign and state operating loss carryforwards
(2,239)
(1,709)
Less: Valuation allowance
1,828
1,537
Gross deferred tax assets
(55,376)
(22,560)
Net deferred tax liabilities
$131,782
$108,956

text: Deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements. A summary of the tax effect of the significant components of deferred income taxes is as follows (in thousands):
text: At December 31, 2019, we had state and foreign net operating losses of approximately $12.2 million and $7.9 million, respectively. The state net operating losses expire beginning 2027 through 2038. We recorded a full valuation allowance against the foreign net operating losses and a partial valuation allowance against the state net operating losses, as we do not believe those losses will be fully utilized in the future.

Questions:
question: How do deferred income taxes arise?
answer: from temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements
question: How much were the state and foreign net operating losses at December 31, 2019 respectively?
answer: $12.2 million
$7.9 million
question: How much was the net deferred tax liabilities on December 31, 2018?
answer: $108,956
scale: thousand
question: What is the percentage change in net deferred tax liabilities from December 31, 2018, to 2019?
answer: 20.95
derivation: ($131,782-$108,956)/$108,956 
scale: percent
question: What is the ratio of gross deferred tax to net deferred tax liabilities on December 31, 2018?
answer: 1.21
derivation: 131,516/108,956 
question: What is the proportion of the sum of lease arrangements and unbilled receivables over gross deferred tax liabilities on December 31, 2019?
answer: 0.2
derivation: (31,128+ 5,878)/187,158
Year ended December 31,
(EUR million)
2018
2019
% Change
Front-end:
Research and development expenses
125.3
150.7
20%
Capitalization of development expenses
(49.7)
(60.2)
21%
Research and development grants and credits
(0.3)
–
–
Amortization of capitalized development  expenses
12.0
15.6
30%
87.3
106.1
22%
Impairment capitalized development expenses
1.3
4.8
–
Total
88.6
110.8
25%

text: RESEARCH AND DEVELOPMENT EXPENSES
text: Total research and development (R&D) expenses, excluding impairment charges, increased by 22% in 2019 compared to the previous year, mainly as a result of higher development activities. As a percentage of sales (excluding the patent litigation & arbitration settlement), R&D expenses decreased to 10% compared to 11% in 2018. Currency changes resulted in a 4% increase in R&D expenses year-over-year.
text: Total research and development expenses developed as follows:
text: Impairment of capitalized development expenses related primarily to the development of new technology that is now no longer in-demand from customers.
text: We continue to invest strongly in R&D. As part of our R&D activities, we are engaged in various development programs with customers and research institutes. These allow us to develop products that meet customer requirements and obtain access to new technology and expertise. The costs relating to prototypes and experimental models, which we may subsequently sell to customers, are charged to the cost of sales.
text: Our R&D operations in the Netherlands, Belgium, and the United States receive research and development grants and credits from various sources.

Questions:
question: Where are the R&D operations located for the company?
answer: Netherlands
Belgium
the United States
question: What are the years included in the table for Total research and development expenses?
answer: 2018
2019
question: What is the R&D expense as a percentage of sales in 2019?
answer: 10%
question: For 2019, What is the segment of Front-end that has the highest expense amount?
answer: Research and development expenses
derivation: For COL4 rows 4 to 7 and row 9, find the largest number and the corresponding segment in COL2
question: What is the change in total research and development expenses from 2018 to 2019?
answer: 22.2
derivation: 110.8-88.6
scale: million
question: For 2019, what is the  Research and development expenses and  Capitalization of development expenses expressed as a percentage of total research and development expenses?
answer: 81.68
derivation: (150.7+(-60.2))/110.8
scale: percent