Source document: iselect-ltd_2019

Question: What are the components of Continuing Operations?
Facts: EBIT; EBITDA; Gross profit; NPAT; Operating revenue
Answer: Operating revenue; Gross profit; EBITDA; EBIT; NPAT

Question: What are the components of Reported Results (including discontinued operations)?
Facts: EBIT; EBITDA; EPS (cents); Gross profit; NPAT; Operating revenue
Answer: Operating revenue; Gross profit; EBITDA; EBIT; NPAT; EPS (cents)

Question: What were the principal activities during the financial year within the Group?
Facts: health, life and car insurance policy sales, mortgage brokerage, energy, broadband and financial referral services
Answer: health, life and car insurance policy sales, mortgage brokerage, energy, broadband and financial referral services

Question: What is the change in the operating revenue under continuing operations from 2018 to 2019?
Facts: 154,159; 176,931
Derivation: 154,159-176,931
Answer: -22772 thousand

Question: In which year is the gross profit from continuing operations higher?
Facts: 2019
Derivation: Find the year with the higher gross profit from continuing operations
Answer: 2019

Question: In which year is the EBITDA from continuing operations higher?
Facts: 2018
Derivation: Find the year with the higher EBITDA from continuing operations
Answer: 2018

Question: What is liquidity risk?
Facts: the risk that we will be unable to meet our financial obligations
Answer: the risk that we will be unable to meet our financial obligations

Question: What do concentrations indicate?
Facts: the relative sensitivity of the Group’s performance to developments affecting a particular industry.
Answer: the relative sensitivity of the Group’s performance to developments affecting a particular industry.

Question: What is the carrying amount and contractual cash flows at 30 June 2019?
Facts: $25,153,000
Answer: $25,153,000

Question: What is the percentage change in the cash and cash equivalents from 2018 to 2019?
Facts: 21,956; 33,045
Derivation: (21,956-33,045)/33,045
Answer: -33.56 percent

Question: What is the percentage change in the trade receivables and contract assets from 2018 to 2019?
Facts: 22,989; 28,710
Derivation: (22,989-28,710)/28,710
Answer: -19.93 percent

Question: What is the percentage change in the trail commission asset from 2018 to 2019?
Facts: 102,920; 114,078
Derivation: (114,078-102,920)/102,920
Answer: 10.84 percent

Question: What is the effect of the Deed?
Facts: iSelect Limited guarantees to each creditor payment in full of any debt in the event of winding up any of the entities in the Closed Group
Answer: iSelect Limited guarantees to each creditor payment in full of any debt in the event of winding up any of the entities in the Closed Group

Question: What is the income tax benefit in 2019?
Facts: 5,949
Answer: 5,949 thousand

Question: What is the loss from continuing operations before income tax in 2019?
Facts: 20,111
Answer: 20,111 thousand

Question: What is the percentage change in the Loss from continuing operations before income tax from 2018 to 2019?
Facts: 20,111; 21,033
Derivation: (20,111-21,033)/21,033
Answer: -4.38 percent

Question: What is the percentage change in the income tax benefit from 2018 to 2019?
Facts: 5,949; 6,734
Derivation: (5,949-6,734)/6,734
Answer: -11.66 percent

Question: In which year is there a greater net loss for the year?
Facts: 2018
Derivation: Find the year with the greater net loss for the year
Answer: 2018

Question: When is the recognition of deferred tax liabilities not required?
Facts: we are able to control the timing of our temporary difference reversal and it is probable that the temporary difference will not reverse
Answer: we are able to control the timing of our temporary difference reversal and it is probable that the temporary difference will not reverse

Question: What does the net deferred tax liabilities include?
Facts: net deferred tax assets of $2,195,000 (2018: $1,937,000) from the iMoney Group
Answer: net deferred tax assets of $2,195,000 (2018: $1,937,000) from the iMoney Group

Question: What is the total deferred tax assets in 2019?
Facts: 12,071
Answer: 12,071 thousand

Question: In which year is there a higher total deferred tax assets?
Facts: 2019
Derivation: Find the year with the higher total deferred tax assets
Answer: 2019

Question: In which year is the net deferred tax liabilities higher?
Facts: 2019
Derivation: Find the year with the higher net deferred tax liabilities
Answer: 2019

Question: What is the percentage change in the net deferred tax liabilities from 2018 to 2019?
Facts: 23,204; 24,787
Derivation: (24,787-23,204)/23,204
Answer: 6.82 percent

Question: What is the current assets of the parent entity in 2019?
Facts: 4,297
Answer: 4,297 thousand

Question: What is the non-current assets of the parent entity in 2018?
Facts: 174,810
Answer: 174,810 thousand

Question: What is the loss of the parent entity in 2019?
Facts: 4,812
Answer: 4,812 thousand

Question: What is the current ratio of the parent entity in 2019?
Facts: 4,297; 92,352
Derivation: 4,297/92,352
Answer: 0.05

Question: What is the debts to assets ratio of the parent entity in 2018?
Facts: 182,679; 93,067
Derivation: 93,067/182,679
Answer: 0.51

Question: What is the percentage change in the total comprehensive loss of the parent entity from 2018 to 2019?
Facts: 163; 4,812
Derivation: (4,812-163)/163
Answer: 2852.15 percent

Question: What is the percentage change in the net cash provided from operating activities?
Facts: 46%
Answer: 46%

Question: What is the percentage change in the net cash provided from investing activities?
Facts: (39%)
Answer: (39%)

Question: What is the percentage change in the net cash provided from financing activities?
Facts: (90%)
Answer: (90%)

Question: What is the change in the net cash provided from operating activities from 2018 to 2019?
Facts: 4,709; 8,790
Derivation: 4,709-8,790
Answer: -4081 thousand

Question: What is the change in Net cash used in financing activities from 2018 to 2019?
Facts: 3,471; 36,014
Derivation: (3,471)-(36,014)
Answer: 32543 thousand

Question: What is the change in Net change in cash and cash equivalent from 2018 to 2019?
Facts: 11,099; 47,316
Derivation: (11,099)-(47,316)
Answer: 36217 thousand

Question: What is the percentage change in current assets from 2018 to 2019?
Facts: 18%
Answer: 18%

Question: What is the primary cause of the decrease in the current liabilities?
Facts: due to payments to suppliers in addition to trade related payable balances post 30 June 2018
Answer: due to payments to suppliers in addition to trade related payable balances post 30 June 2018

Question: What contributed to the increase in non-current liabilities in 2019?
Facts: an increase in lease liabilities and deferred tax liabilities
Answer: an increase in lease liabilities and deferred tax liabilities

Question: What is the current ratio in 2019?
Facts: 34,555; 75,460
Derivation: 75,460/34,555
Answer: 2.18

Question: What is the debts to assets ratio in 2019?
Facts: 226,067; 68,903
Derivation: 68,903/226,067
Answer: 0.3

Question: What is the percentage change in the net assets from 2018 to 2019?
Facts: 157,164; 163,937
Derivation: (157,164-163,937)/163,937
Answer: -4.13 percent

Question: What are trial commissions?
Facts: ongoing fees for customers referred to individual product providers or who have applied for mortgages via iSelect
Answer: ongoing fees for customers referred to individual product providers or who have applied for mortgages via iSelect

Question: How does the Group determine its revenue?
Facts: by estimating variable consideration and applying the constraint by utilising industry data and historical experience
Answer: by estimating variable consideration and applying the constraint by utilising industry data and historical experience

Question: How are click-through fees recognised?
Facts: based on the contractual arrangement with the relevant product provider
Answer: based on the contractual arrangement with the relevant product provider

Question: What is the percentage change in upfront fees from 2018 to 2019?
Facts: 113,609; 140,971
Derivation: (113,609-140,971)/140,971
Answer: -19.41 percent

Question: What is the percentage change in click-through fees from 2018 to 2019?
Facts: 1,349; 3,657
Derivation: (3,657-1,349)/1,349
Answer: 171.09 percent

Question: What is the percentage change in the total upfront revenue from 2018 to 2019?
Facts: 119,427; 143,924
Derivation: (119,427-143,924)/143,924
Answer: -17.02 percent

Question: What are the components of reserves?
Facts: Business combination reserve; Foreign currency translation reserve; Share-based payment reserve
Answer: Share-based payment reserve; Business combination reserve; Foreign currency translation reserve

Question: Which method of accounting was used for the restructuring of the iSelect Group?
Facts: carry-over basis method of accounting
Answer: carry-over basis method of accounting

Question: What is a buy-back?
Facts: the purchase by a company of its existing shares
Answer: the purchase by a company of its existing shares

Question: In which year is the share-based payment reserve higher?
Facts: 2019
Derivation: Find the year with the higiher share-based payment reserve
Answer: 2019

Question: What is the change in the Business combination reserve between 2018 and 2019?
Facts: 5,571
Derivation: 5,571-5,571
Answer: 0 thousand

Question: What is the percentage change in the total reserves from 2018 to 2019?
Facts: 8,745; 9,519
Derivation: (9,519-8,745)/8,745
Answer: 8.85 percent

Question: Which cash receipts are classified as current?
Facts: Cash receipts that are expected to be received within 12 months of the reporting date
Answer: Cash receipts that are expected to be received within 12 months of the reporting date

Question: What is the range of the attrition rates used in the valuation of the Health portfolio at 30 June 2019?
Facts: 7.5% and 26.5%
Answer: 7.5% and 26.5%

Question: What was the increase in the average duration band attrition in 2019?
Facts: up to 0.2%
Answer: up to 0.2%

Question: What is the percentage change in the current trail commission asset from 2018 to 2019?
Facts: 22,103; 25,626
Derivation: (25,626-22,103)/22,103
Answer: 15.94 percent

Question: What is the percentage change in the total trail commission asset from 2018 to 2019?
Facts: 102,920; 114,078
Derivation: (114,078-102,920)/102,920
Answer: 10.84 percent

Question: What is the percentage change in the cash receipts from 2018 to 2019?
Facts: 23,574; 23,651
Derivation: (23,574-23,651)/23,651
Answer: -0.33 percent

Question: What is the Income tax (net of refund) for 2019 and 2018 respectively?
Facts: (2,327); 172
Answer: (2,327); 172 thousand

Question: What is the payroll tax for 2019 and 2018 respectively?
Facts: 2,657; 3,035
Answer: 2,657; 3,035 thousand

Question: What is the total taxes paid for 2019 and 2018 respectively?
Facts: 3,454; 535
Answer: 535; 3,454 thousand

Question: What is the percentage change in the payroll tax from 2018 to 2019?
Facts: 2,657; 3,035
Derivation: (2,657-3,035)/3,035
Answer: -12.45 percent

Question: What is the percentage change in the fringe benefits tax from 2018 to 2019?
Facts: 205; 247
Derivation: (205-247)/247
Answer: -17 percent

Question: What is the percentage change in the total taxes paid from 2018 to 2019?
Facts: 3,454; 535
Derivation: (535-3,454)/3,454
Answer: -84.51 percent

Question: When was  Infochoice Pty Ltd classified as a discontinued operation?
Facts: 30 June 2019
Answer: 30 June 2019

Question: What did the business of Infochoice Pty Ltd represent?
Facts: the Group’s financial services and products comparison operating segment
Answer: the Group’s financial services and products comparison operating segment

Question: What is the Post-tax loss of  discontinued operations in 2019?
Facts: 2,357
Answer: 2,357 thousand

Question: What is the percentage change in the revenue from 2018 to 2019?
Facts: 1,208; 426
Derivation: (426-1,208)/1,208
Answer: -64.74 percent

Question: What is the percentage change in the interest revenue from 2018 to 2019?
Facts: 5; 9
Derivation: (5-9)/9
Answer: -44.44 percent

Question: In which year is there a higher revenue?
Facts: 2018
Derivation: Find the year with the higher revenue
Answer: 2018

Question: What is the current lease liabilities for 2019?
Facts: 2,569
Answer: 2,569 thousand

Question: How is the lease liability measured?
Facts: at amortised cost using the effective interest method
Answer: at amortised cost using the effective interest method

Question: How does the Group recognise the lease payments assoictaed with short-term leases?
Facts: as an expense on a straight-line basis over the lease term
Answer: as an expense on a straight-line basis over the lease term

Question: What is the percentage change in the current lease liabilities from 2018 to 2019?
Facts: 2,569; 2,599
Derivation: (2,569-2,599)/2,599
Answer: -1.15 percent

Question: What is the percentage change in the non-current lease liabilities from 2018 to 2019?
Facts: 5,934; 6,773
Derivation: (6,773-5,934)/5,934
Answer: 14.14 percent

Question: What is the percentage change in the total lease liabilities from 2018 to 2019?
Facts: 8,533; 9,342
Derivation: (9,342-8,533)/8,533
Answer: 9.48 percent

Question: How are trade receivables measured?
Facts: on the basis of amortised cost
Answer: on the basis of amortised cost

Question: How does the Company recognise a loss allowance?
Facts: based on lifetime expected credit loss at each reporting date
Answer: based on lifetime expected credit loss at each reporting date

Question: How does the Company calculate its provision?
Facts: utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc.
Answer: utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc.

Question: What is the percentage change in the trade receivables from 2018 to 2019?
Facts: 4,952; 6,165
Derivation: (6,165-4,952)/4,952
Answer: 24.5 percent

Question: What is the percentage change in the contract assets from 2018 to 2019?
Facts: 16,824; 23,773
Derivation: (16,824-23,773)/23,773
Answer: -29.23 percent

Question: What is the percentage change in the trade receivables past due 90+ days from 2018 to 2019?
Facts: 130; 44
Derivation: (44-130)/130
Answer: -66.15 percent

Question: At which percentile will 50% of LTI Plan shares vest?
Facts: 50th Percentile
Answer: 50th Percentile

Question: When will the shares vest?
Facts: if a certain Total Shareholder Return (TSR) relative to the designated comparator group, being the ASX Small Ordinaries Index excluding mining and energy companies, is achieved during the performance period
Answer: if a certain Total Shareholder Return (TSR) relative to the designated comparator group, being the ASX Small Ordinaries Index excluding mining and energy companies, is achieved during the performance period

Question: Which performance measure will the LTI Plans be measured against?
Facts: relative Total Shareholder Return (TSR)
Answer: relative Total Shareholder Return (TSR)

Question: What is the percentage change in the outstanding number of shares at the beginning of the period from 2018 to 2019?
Facts: 3,384,696; 768,806
Derivation: (768,806-3,384,696)/3,384,696
Answer: -77.29 percent

Question: What is the percentage change in the number of forfeited shares during the period from 2018 to 2019?
Facts: 2,615,890; 768,806
Derivation: (768,806-2,615,890)/2,615,890
Answer: -70.61 percent

Question: In which year is the number of outstanding shares at the beginning of the period higher?
Facts: 2018
Derivation: Find the year with the higher number of outstanding shares at the beginning of the period
Answer: 2018

Question: What is the recoverable amount of the Home loans CGU as at 31 December 2018?
Facts: $5.6m
Answer: $5.6m

Question: What is the pre-tax discount rate applied to cash flow projections in 2019?
Facts: 13%
Answer: 13%

Question: What are the cash flow projections based on?
Facts: five-year management-approved forecasts
Answer: five-year management-approved forecasts

Question: In which year is the health CGU higher?
Facts: FY18
Derivation: Find the year with the higher health CGU
Answer: FY18

Question: In which year is the car CGU higher?
Facts: FY19
Derivation: Find the year with the higher car CGU
Answer: FY19

Question: In which year is the household CGU higher?
Facts: FY18
Derivation: Find the year with the higher household CGU
Answer: FY18

Question: What is the short-term employee benefits in 2019?
Facts: 3,728,367
Answer: 3,728,367

Question: What is the post-employment benefits in 2018?
Facts: 184,614
Answer: 184,614

Question: What is the share-based payments in 2019?
Facts: 651,748
Answer: 651,748

Question: What is the percentage change in short-term employee benefits from 2018 to 2019?
Facts: 2,780,820; 3,728,367
Derivation: (3,728,367-2,780,820)/2,780,820
Answer: 34.07 percent

Question: What is the percentage change in the post-employment benefits from 2018 to 2019?
Facts: 151,851; 184,614
Derivation: (151,851-184,614)/184,614
Answer: -17.75 percent

Question: What is the percentage change in the termination benefits from 2018 to 2019?
Facts: 367,015; 841,940
Derivation: (367,015-841,940)/841,940
Answer: -56.41 percent

Question: What are the four reportable segments which offer a service that includes comparison, purchase support and lead referrals?
Facts: Energy and Telecommunications; Health (private health insurance); Life and General Insurance; Other, predominately offering financial service products including home loans in Australia and Asia
Answer: Health (private health insurance); Life and General Insurance; Energy and Telecommunications; Other, predominately offering financial service products including home loans in Australia and Asia

Question: What do the unalloacated corporate costs include in the current year?
Facts: costs associated with the business restructure and other one-off transactions
Answer: costs associated with the business restructure and other one-off transactions

Question: What is the revenue in Australia in 2019?
Facts: 149,295
Answer: 149,295 thousand

Question: What is the percentage change in the revenue in Australia from 2018 to 2019?
Facts: 149,295; 174,776
Derivation: (149,295-174,776)/174,776
Answer: -14.58 percent

Question: What is the percentage change in the revenue in Asia from 2018 to 2019?
Facts: 2,155; 4,864
Derivation: (4,864-2,155)/2,155
Answer: 125.71 percent

Question: What is the percentage of Australia's non-current assets in the total non-current assets in 2019?
Facts: 44,061; 59,960
Derivation: 44,061/59,960
Answer: 73.48 percent

Question: How are provisions measured?
Facts: at the present value of management’s best estimate of the expenditure required to settle the present obligation at the reporting date using the discounted cash flow methodology
Answer: at the present value of management’s best estimate of the expenditure required to settle the present obligation at the reporting date using the discounted cash flow methodology

Question: What is the range of the clawback period?
Facts: between 0 and 24 months
Answer: between 0 and 24 months

Question: How is annual and long service leave classified?
Facts: classified as current where there is a current obligation to pay the employee shall they leave the Group
Answer: classified as current where there is a current obligation to pay the employee shall they leave the Group

Question: What is the percentage change in the annual leave provisions from 2018 to 2019?
Facts: 2,233; 2,349
Derivation: (2,349-2,233)/2,233
Answer: 5.19 percent

Question: What is the percentage change in the current provisions from 2018 to 2019?
Facts: 5,701; 6,135
Derivation: (6,135-5,701)/5,701
Answer: 7.61 percent

Question: What is the percentage change in the non-current provisions from 2018 to 2019?
Facts: 343; 418
Derivation: (418-343)/343
Answer: 21.87 percent