Source document: Hansen-Technologies_2019

Question: What was the weighted average share price for share options exercised during the period?
Facts: $3.57 (2018: $3.90).
Answer: $3.57 (2018: $3.90).

Question: What was the total weighted exercise cost for all options exercised or lapsed?
Facts: 1.15; 665,000
Derivation: 665,000 * $1.15 
Answer: 764750

Question: What was the weighted average remaining contractual life for share options outstanding at the end of period?
Facts: 1.68 years (2018: 2.47 years).
Answer: 1.68 years (2018: 2.47 years).

Question: Why was the weighted average fair value of options granted during the year was nil?
Facts: The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.
Answer: The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.

Question: What was the total percentage change in exercise price between 2014 and 2016?
Facts: 1.30; 3.59
Derivation: (3.59 - 1.30) / 1.30 
Answer: 176.15 percent

Question: What was the options' exercise date with the greatest number of options exercised or lapsed?
Facts: 2 Jul 2017
Derivation: (405,000)
Answer: 2 Jul 2017

Question: How many options granted on 2 July 2015 were exercised or lapsed?
Facts: 75,000
Answer: 75,000

Question: Why were there no new options issued under the Option Plan during the 30 June 2019 and 30 June 2018 financial years?
Facts: as the Option Plan was replaced with the Rights Plan
Answer: as the Option Plan was replaced with the Rights Plan

Question: What was the exercise price for options granted on 2 July 2014?
Facts: 1.30
Answer: 1.30

Question: What was the total percentage change in number of options at beginning of the year for options granted between 2013 and 2016?
Facts: 1,323,730; 75,000
Derivation: (1,323,730 - 75,000) / 75,000 
Answer: 1664.97 percent

Question: What was the total weighted exercise cost for all options that were exercised or lapsed?
Facts: 1.51; 355,000
Derivation: 355,000 * $1.51 
Answer: 536050

Question: What was the total percentage change in exercise price for options granted between 2013 and 2016?
Facts: 0.92; 3.59
Derivation: (3.59 - 0.92) / 0.92 
Answer: 290.22 percent

Question: What was the 2019 percentage change of dividends paid between 2018 and 2019 financial years?
Facts: 10,392; 12,637
Derivation: (12,637 - 10,392) / 10,392 
Answer: 21.6 percent

Question: How many proposed dividends were not recognised at the end of both years?
Facts: 5,922; 7,865
Derivation: 5,922 + 7,865 
Answer: 13787 thousand

Question: How much was the regular dividend per share?
Facts: 3 cents per share
Answer: 3 cents per share

Question: How much was the partially franked dividendper share?
Facts: This final dividend of 3 cents per share, partially franked to 2.6 cents per share
Answer: This final dividend of 3 cents per share, partially franked to 2.6 cents per share

Question: What was the final dividend of 4 cents per share comprised of?
Facts: 1. The final dividend paid of 4 cents per share, franked to 4 cents, comprised of an ordinary dividend of 3 cents per share, together with a special dividend of 1 cent per share.
Answer: 1. The final dividend paid of 4 cents per share, franked to 4 cents, comprised of an ordinary dividend of 3 cents per share, together with a special dividend of 1 cent per share.

Question: What was the percentage change in franking credits between 2018 and 2019?
Facts: 1,586; 3,125
Derivation: (1,586 - 3,125) / 3,125 
Answer: -49.25 percent

Question: What was the operating revenue for 2019?
Facts: $231.3 million
Answer: $231.3 million

Question: Why did the operating revenue increase?
Facts: With Sigma contributing $5.0 million of revenue in June (the first month since acquisition), revenues for the remainder of Hansen excluding Sigma were $4.5 million lower. This decline was a result of lower non-recurring revenues, due primarily to both lower one-off licence fees and reduced project work following the large body of work completed in the first half of FY18 associated with implementing Power of Choice in Australia.
Answer: With Sigma contributing $5.0 million of revenue in June (the first month since acquisition), revenues for the remainder of Hansen excluding Sigma were $4.5 million lower. This decline was a result of lower non-recurring revenues, due primarily to both lower one-off licence fees and reduced project work following the large body of work completed in the first half of FY18 associated with implementing Power of Choice in Australia.

Question: What was the underlying EBITDA for 2019?
Facts: 55.8
Answer: 55.8 million

Question: What was the average operating revenue for the two FYs?
Facts: 230.8; 231.3
Derivation: (231.3 + 230.8)/2 
Answer: 231.05 million

Question: What was the difference between EBITDA and NPAT for FY18?
Facts: 29.5; 60.0
Derivation: 60.0 - 29.5 
Answer: 30.5 million

Question: What was the average basic EPS for the 2 FYs?
Facts: 17.1; 19.8
Derivation: (17.1 + 19.8)/2 
Answer: 18.45

Question: How much transaction cost was incurred to acquire Sigma Systems group of entities?
Facts: $2,063,000
Answer: $2,063,000

Question: What was the transaction costs in 2018 comprised of?
Facts: the acquisition of Enoro Holdings AS (subsequently renamed to Hansen Technologies Holdings AS during FY19) and its controlled subsidiaries.
Answer: the acquisition of Enoro Holdings AS (subsequently renamed to Hansen Technologies Holdings AS during FY19) and its controlled subsidiaries.

Question: How much restructuring costs was incurred after acquisition of Sigma Systems?
Facts: $72,000
Answer: $72,000

Question: What was the average transaction costs related to the acquisitions for both years?
Facts: 2,063; 677
Derivation: (2,063 + 677) / 2 
Answer: 1370 thousand

Question: What was the Transaction and restructuring costs incurred by the acquisition of Sigma Systems?
Facts: 2,063; 72
Derivation: 2,063 + 72 
Answer: 2135 thousand

Question: What was the difference in transaction costs between the acquisition of Enoro in 2018 and acquisition of Sigma Systems in 2019?
Facts: 2,063; 677
Derivation: 2,063 - 677 
Answer: 1386 thousand

Question: How much was the consideration for the shares issued on 22 May 2019?
Facts: $3.72
Answer: $3.72

Question: How much was the consideration for the shares issued on 7 May 2018?
Facts: $4.24
Answer: $4.24

Question: How many shares were distributed to employees in 2018?
Facts: 42,480
Answer: 42,480

Question: What was the 2019 percentage change in number of shares distributed to employees?
Facts: 42,480; 45,560
Derivation: (45,560 - 42,480) / 42,480 
Answer: 7.25 percent

Question: What was the difference between the number of shares at the beginning and end of year 2019?
Facts: 114,758; 115,792
Derivation: 115,792 - 114,758 
Answer: 1034

Question: What was the average number of shares at year end for both years?
Facts: 114,758; 115,792
Derivation: (115,792 + 114,758) / 2 
Answer: 115275

Question: How much was the current employee benefits in 2019?
Facts: 13,859
Answer: 13,859 thousand

Question: What was the total employee benefits liability in 2018?
Facts: 13,385
Answer: 13,385 thousand

Question: What do employee benefits liability represent?
Facts: amounts provided for annual leave and long service leave.
Answer: amounts provided for annual leave and long service leave.

Question: What was the percentage change in current employee benefits in 2018 and 2019?
Facts: 12,710; 13,859
Derivation: (13,859 - 12,710) / 12,710 
Answer: 9.04 percent

Question: What was the 2019 percentage change in total employee benefits liability?
Facts: 13,385; 14,048
Derivation: (14,048 - 13,385) / 13,385 
Answer: 4.95 percent

Question: What was the average non-current employee benefits for both years?
Facts: 189; 675
Derivation: (189 + 675) / 2 
Answer: 432 thousand

Question: What is the Employee Performance Rights Plan?
Facts: awards are made to eligible executives and other management personnel who have an impact on the Group’s performance. Rights Plan awards are granted in the form of performance rights over shares, which vest over a period of three years subject to meeting performance measures and continuous employment with the Company. Each performance right is to subscribe for one ordinary share upon vesting and, when issued, the shares will rank equally with other shares.
Answer: awards are made to eligible executives and other management personnel who have an impact on the Group’s performance. Rights Plan awards are granted in the form of performance rights over shares, which vest over a period of three years subject to meeting performance measures and continuous employment with the Company. Each performance right is to subscribe for one ordinary share upon vesting and, when issued, the shares will rank equally with other shares.

Question: What was the total number of rights granted?
Facts: 885,968
Answer: 885,968

Question: How many performance rights were issued and outstanding at 30 June 2018?
Facts: 355,316
Answer: 355,316

Question: What was the change in total fair value for rights granted on 2 July 2017 to 2 July 2018?
Facts: 3.01; 3.815; 355,316; 530,652
Derivation: (3.01 * 530,652) - (3.815 * 355,316) 
Answer: 241731.98

Question: What was the percentage change in number of rights granted?
Facts: 355,316; 530,652
Derivation: (530,652 - 355,316) / 355,316 
Answer: 49.35 percent

Question: What was the total fair value for all rights granted?
Facts: 3.01; 3.815; 355,316; 530,652
Derivation: (3.815 * 355,316) + (3.01 * 530,652) 
Answer: 2952793.06

Question: How much operating cash flows was generated by Hansen Technologies?
Facts: $39.7 million
Answer: $39.7 million

Question: Which sector was Sigma's revenue concentrated in?
Facts: Communications
Answer: Communications

Question: What was the Operating revenue for 2019?
Facts: 231.3
Answer: 231.3 million

Question: What was the average difference between EBITDA and NPAT for both FYs?
Facts: 2; 21.5; 28.9; 53.0; 59.3
Derivation: ((53.0 - 21.5) + (59.3 - 28.9)) / 2 
Answer: 30.95 million

Question: What was the average basic EPSa for both FYs?
Facts: 15.8; 19.4
Derivation: (15.8 + 19.4)/2 
Answer: 17.6

Question: What was the average difference between basic EPS and basic EPSa for both FYs?
Facts: 10.9; 14.8; 15.8; 19.4; 2
Derivation: ((15.8 - 10.9) + (19.4 - 14.8)) / 2 
Answer: 4.75