Source document: sophos-group_2019

Question: How is the Group's revenue diversified?
Facts: across its entire end customer base and no single end user accounted for greater than 10 per cent of the Group’s revenue in either 2018 or 2019
Answer: across its entire end customer base and no single end user accounted for greater than 10 per cent of the Group’s revenue in either 2018 or 2019

Question: What is the Revenue from UK in 2019?
Facts: 83.2
Answer: 83.2 million

Question: What are the countries in the table whereby the revenue from external customers is split?
Facts: Germany; Other countries; UK; USA
Answer: UK; USA; Germany; Other countries

Question: In which year was the amount of revenue from external customers in the UK larger?
Facts: 2019
Derivation: 83.2>73.5
Answer: 2019

Question: What was the change in revenue from external customers from UK in 2019 from 2018?
Facts: 73.5; 83.2
Derivation: 83.2-73.5
Answer: 9.7 million

Question: What was the percentage change in revenue from external customers from UK in 2019 from 2018?
Facts: 73.5; 83.2
Derivation: (83.2-73.5)/73.5
Answer: 13.2 percent

Question: When is the impairment of goodwill and tangible assets tested?
Facts: tested annually, or more frequently where there is indication of impairment
Answer: tested annually, or more frequently where there is indication of impairment

Question: When is Goodwill considered impaired?
Facts: if the carrying value of the cash-generating unit to which it relates is greater than the higher of fair value less costs of disposal and the value in use
Answer: if the carrying value of the cash-generating unit to which it relates is greater than the higher of fair value less costs of disposal and the value in use

Question: What are the regions in the table to which the carrying amount of goodwill had been allocated to before recognition of impairment losses?
Facts: APJ; Americas; EMEA
Answer: Americas; EMEA; APJ

Question: In which year was the amount in APJ larger?
Facts: 2018
Derivation: 103.6>98.7
Answer: 2018

Question: What was the change in the amount in APJ in 2019 from 2018?
Facts: 103.6; 98.7
Derivation: 98.7-103.6
Answer: -4.9 million

Question: What was the percentage change in the amount in APJ in 2019 from 2018?
Facts: 103.6; 98.7
Derivation: (98.7-103.6)/103.6
Answer: -4.73 percent

Question: What is the  Outstanding at the start of the year  for 2019?
Facts: 7,546
Answer: 7,546 thousand

Question: Why are the PSU awards divided into three equal parts?
Facts: The awards are divided into three equal parts which will each be subject to a separate annual performance condition linked to the financial performance of the Group.
Answer: The awards are divided into three equal parts which will each be subject to a separate annual performance condition linked to the financial performance of the Group.

Question: What are the types of movements in performance share units (“PSUs”) illustrated in the table?
Facts: Awarded; Forfeited; Released
Answer: Awarded; Forfeited; Released

Question: In which year was the number of PSUs awarded larger?
Facts: 2019
Derivation: 1,721>1,719
Answer: 2019

Question: What was the change in the number of PSUs outstanding at the end of the year in 2019 from 2018?
Facts: 4,084; 7,546
Derivation: 4,084-7,546
Answer: -3462 thousand

Question: What was the percentage change in the number of PSUs outstanding at the end of the year in 2019 from 2018?
Facts: 4,084; 7,546
Derivation: (4,084-7,546)/7,546
Answer: -45.88 percent

Question: What are the conditions for trade payables?
Facts: Trade payables are non interest-bearing and are normally settled on 30-day terms or as otherwise agreed with suppliers.
Answer: Trade payables are non interest-bearing and are normally settled on 30-day terms or as otherwise agreed with suppliers.

Question: For which years are the trade and other payables calculated for?
Facts: 2018; 2019
Answer: 2019; 2018

Question: What are the components which make up the total Current trade and other payables?
Facts: Accruals; Other payables; Social security and other taxes; Trade payables
Answer: Trade payables; Accruals; Social security and other taxes; Other payables

Question: In which year was the amount of Total non-current trade and other payables larger?
Facts: 2019
Derivation: 10.1>8.2
Answer: 2019

Question: What was the change in the Total non-current trade and other payables in 2019 from 2018?
Facts: 10.1; 8.2
Derivation: 10.1-8.2
Answer: 1.9 million

Question: What was the percentage change in the Total non-current trade and other payables in 2019 from 2018?
Facts: 10.1; 8.2
Derivation: (10.1-8.2)/8.2
Answer: 23.17 percent

Question: What is the vesting period of RSUs and cash-based awards?
Facts: between two to five years, with no award vesting within the first 12 months of the grant.
Answer: between two to five years, with no award vesting within the first 12 months of the grant.

Question: What was the number of RSUs and cash-based awards outstanding at the end of the year in 2019?
Facts: 15,346
Answer: 15,346 thousand

Question: What are the types of movements in restricted share units (“RSUs”) and cash-based awards in the table?
Facts: Awarded; Forfeited; Released
Answer: Awarded; Forfeited; Released

Question: In what year was the number of RSUs and cash-based awards outstanding at the end of the year larger?
Facts: 2019
Derivation: 15,346>14,840
Answer: 2019

Question: What was the change in the number of RSUs and cash-based awards outstanding at the end of the year in 2019 from 2018?
Facts: 14,840; 15,346
Derivation: 15,346-14,840
Answer: 506 thousand

Question: What was the percentage change in the number of RSUs and cash-based awards outstanding at the end of the year in 2019 from 2018?
Facts: 14,840; 15,346
Derivation: (15,346-14,840)/14,840
Answer: 3.41 percent

Question: What does the investment in Sophos Holdings Limited comprise?
Facts: 100% of the ordinary share capital.
Answer: 100% of the ordinary share capital.

Question: What does the investment in Sophos Limited comprise?
Facts: share-based payment expenses for equity awards granted to participants employed by Sophos Limited and its subsidiaries.
Answer: share-based payment expenses for equity awards granted to participants employed by Sophos Limited and its subsidiaries.

Question: What are the different investments listed in the table?
Facts: Investment in Sophos Holdings Limited; Investment in Sophos Limited
Answer: Investment in Sophos Holdings Limited; Investment in Sophos Limited

Question: In which year was the amount at the end of the fiscal year larger?
Facts: 2019
Derivation: 1,130.6>1,099.1
Answer: 2019

Question: What was the change in the amount of Investment in Sophos Limited in 2019 from 2018?
Facts: 63.3; 94.8
Derivation: 94.8-63.3
Answer: 31.5 million

Question: What was the percentage change in the amount of Investment in Sophos Limited in 2019 from 2018?
Facts: 63.3; 94.8
Derivation: (94.8-63.3)/63.3
Answer: 49.76 percent

Question: What was the amount of trade receivables that were impaired and fully provided for in 2019?
Facts: nominal value of $1.2M
Answer: nominal value of $1.2M

Question: What was the  Charge for the year for 2019?
Facts: 0.6
Answer: 0.6 million

Question: For which years were the movements in the provision for impairment of receivables provided?
Facts: 2018; 2019
Answer: 2019; 2018

Question: In which year was the amount at 31 March larger?
Facts: 2019
Derivation: 1.2>0.9
Answer: 2019

Question: What was the change in the value at 31 March in 2019 from 2018?
Facts: 0.9; 1.2
Derivation: 1.2-0.9
Answer: 0.3 million

Question: What was the percentage change in the value at 31 March in 2019 from 2018?
Facts: 0.9; 1.2
Derivation: (1.2-0.9)/0.9
Answer: 33.33 percent

Question: What assumption is reflected by the expected volatility?
Facts: assumption that the historical share price volatility is indicative of future trends, which may not necessarily be the actual outcome. An increase in the expected volatility will increase the estimated fair value.
Answer: assumption that the historical share price volatility is indicative of future trends, which may not necessarily be the actual outcome. An increase in the expected volatility will increase the estimated fair value.

Question: What is the expected life of the options based on?
Facts: historical data and is not necessarily indicative of exercise patterns that may occur. The expected life used in the model has been adjusted, based on the Director’s best estimate, taking into account the effects of exercise restrictions, non-transferability and behavioural considerations. An increase in the expected life will increase the estimated fair value.
Answer: historical data and is not necessarily indicative of exercise patterns that may occur. The expected life used in the model has been adjusted, based on the Director’s best estimate, taking into account the effects of exercise restrictions, non-transferability and behavioural considerations. An increase in the expected life will increase the estimated fair value.

Question: For which years are the weighted average inputs into the Black-Scholes model considered? 
Facts: 2018; 2019
Answer: 2019; 2018

Question: In which year was the Weighted average share price larger?
Facts: 2019
Derivation: 676.10>628.23
Answer: 2019

Question: What was the change in Weighted average share price in 2019 from 2018?
Facts: 628.23; 676.10
Derivation: 676.10-628.23
Answer: 47.87

Question: What was the percentage change in Weighted average share price in 2019 from 2018?
Facts: 628.23; 676.10
Derivation: (676.10-628.23)/628.23
Answer: 7.62 percent

Question: What was the reported percentage increase in EMEA revenue in 2019 from 2018?
Facts: 12.0 per cent
Answer: 12.0 per cent

Question: What was the reported percentage increase in APJ revenue in 2019 from 2018?
Facts: 3.1 per cent
Answer: 3.1 per cent

Question: What are the different regions under Revenue by Region in the table?
Facts: APJ; Americas; EMEA
Answer: Americas; EMEA; APJ

Question: In which year was the revenue in the Americas larger?
Facts: 2019
Derivation: 253.3>223.6
Answer: 2019

Question: What was the change in Network from 2019 to 2018 under Revenue by Product?
Facts: 316.5; 328.5
Derivation: 328.5-316.5
Answer: 12 million

Question: What was the average revenue earned across 2018 and 2019?
Facts: 639.0; 710.6
Derivation: (710.6+639.0)/2
Answer: 674.8 million

Question: What was included in wages and salaries?
Facts: $4.2M (2018: $4.0M) relating to retention payments arising on business combinations
Answer: $4.2M (2018: $4.0M) relating to retention payments arising on business combinations

Question: What was the total employee costs in 2019?
Facts: 370.1
Answer: 370.1 million

Question: What are the types of costs considered when calculating the total employee costs?
Facts: Other costs; Pension costs; Share-based payments; Social security costs; Wages and salaries
Answer: Wages and salaries; Social security costs; Pension costs; Other costs; Share-based payments

Question: In which year was Total employee costs larger?
Facts: 2019
Derivation: 370.1>361.9
Answer: 2019

Question: What was the change in total employee costs in 2019 from 2018?
Facts: 361.9; 370.1
Derivation: 370.1-361.9
Answer: 8.2 million

Question: What was the percentage change in total employee costs in 2019 from 2018?
Facts: 361.9; 370.1
Derivation: (370.1-361.9)/361.9
Answer: 2.27 percent

Question: What do the directors' emoluments represent?
Facts: all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries
Answer: all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries

Question: Where can further details of the directors' emoluments be found?
Facts: in the Group’s Remuneration Report on pages 91 to 101
Answer: in the Group’s Remuneration Report on pages 91 to 101

Question: What are the components considered when calculating the total directors' remuneration?
Facts: Directors’ emoluments; Gains on exercise of share options; Gains on vesting of LTIP awards
Answer: Directors’ emoluments; Gains on exercise of share options; Gains on vesting of LTIP awards

Question: In which year was the amount of Gains on exercise of share options larger?
Facts: 2019
Derivation: 3.6>3.5
Answer: 2019

Question: What was the change in Total Directors’ remuneration in 2019 from 2018?
Facts: 11.0; 20.4
Derivation: 20.4-11.0
Answer: 9.4 million

Question: What was the percentage change in Total Directors’ remuneration in 2019 from 2018?
Facts: 11.0; 20.4
Derivation: (20.4-11.0)/11.0
Answer: 85.45 percent

Question: What represents the fair value of trade and other receivables?
Facts: The carrying value of trade and other receivables
Answer: The carrying value of trade and other receivables

Question: What was recognised in operating expenses against receivables in 2019?
Facts: a provision for impairment of $0.6M (2018: $0.6M)
Answer: a provision for impairment of $0.6M (2018: $0.6M)

Question: What are the components comprising the total non-current trade and other receivables?
Facts: Deferral of contract acquisition costs; Other receivables
Answer: Deferral of contract acquisition costs; Other receivables

Question: In which year was the amount of Prepayments larger?
Facts: 2019
Derivation: 26.9>23.1
Answer: 2019

Question: What was the change in trade receivables in 2019 from 2018?
Facts: 128.7; 151.8
Derivation: 128.7-151.8
Answer: -23.1 million

Question: What was the percentage change in trade receivables in 2019 from 2018?
Facts: 128.7; 151.8
Derivation: (128.7-151.8)/151.8
Answer: -15.22 percent

Question: What does unlevered free cash flow represent?
Facts: net cash flow from operating activities adjusted for exceptional items and net capital expenditure
Answer: net cash flow from operating activities adjusted for exceptional items and net capital expenditure

Question: What does unlevered free cash flow provide?
Facts: an understanding of the Group’s cash generation and is a supplemental measure of liquidity in respect of the Group’s operations without the distortions of exceptional and other non-operating items
Answer: an understanding of the Group’s cash generation and is a supplemental measure of liquidity in respect of the Group’s operations without the distortions of exceptional and other non-operating items

Question: What are the components in the table used to calculate the unlevered free cash flow?
Facts: Exceptional items; Net capital expenditure; Net cash flow from operating activities
Answer: Net cash flow from operating activities; Exceptional items; Net capital expenditure

Question: In which year was the amount of Net cash flow from operating activities larger?
Facts: 2018
Derivation: 147.7>142.9
Answer: 2018

Question: What was the change in exceptional items in 2019 from 2018?
Facts: 13.0; 3.1
Derivation: 3.1-13.0
Answer: -9.9 million

Question: What was the percentage change in exceptional items in 2019 from 2018?
Facts: 13.0; 3.1
Derivation: (3.1-13.0)/13.0
Answer: -76.15 percent

Question: What does the Companies Act 2006 require Sophos to do?
Facts: Sophos is required to measure and report on its Greenhouse Gas (“GHG”) emissions disclosures.
Answer: Sophos is required to measure and report on its Greenhouse Gas (“GHG”) emissions disclosures.

Question: What does the Group's operations that primarily release GHG include?
Facts: usage of electricity and gas of owned and leased offices, business travel and usage of vehicles.
Answer: usage of electricity and gas of owned and leased offices, business travel and usage of vehicles.

Question: What are the scopes considered in the table when calculating the total greenhouse gas emissions?
Facts: Business travel (air and car); Combustion of natural gas and operation of owned vehicles; Electricity consumption in offices
Answer: Combustion of natural gas and operation of owned vehicles; Electricity consumption in offices; Business travel (air and car)

Question: In which year was the total Greenhouse gas emissions the largest?
Facts: 2018
Derivation: 9,894.7>9,444.6>7,969.0
Answer: 2018

Question: What was the change in the intensity ratio in 2019 from 2018?
Facts: 10.5; 12.9
Derivation: 10.5-12.9
Answer: -2.4

Question: What was the percentage change in the intensity ratio in 2019 from 2018?
Facts: 10.5; 12.9
Derivation: (10.5-12.9)/12.9
Answer: -18.6 percent

Question: What was the amount of Group reported billings in 2019?
Facts: $760.3 million
Answer: $760.3 million

Question: What was the percentage change in Group reported billings in 2019 from 2018?
Facts: 1.1 per cent
Answer: 1.1 per cent

Question: How is the analysis of Billings broken down in the table?
Facts: Billings by Product; Billings by Region; Billings by Type
Answer: Billings by Region; Billings by Product; Billings by Type

Question: In which year was the amount of Billings larger?
Facts: FY18
Derivation: 768.6>760.3
Answer: FY18

Question: What was the change in Other in 2019 from 2018 under Billings by Product?
Facts: 32.0; 37.3
Derivation: 37.3-32.0
Answer: 5.3 million

Question: What was the average amount of Billings in 2018 and 2019?
Facts: 760.3; 768.6
Derivation: (760.3+768.6)/2
Answer: 764.45 million

Question: What is stated after charging the items in the table?
Facts: The profit (2018: loss) on ordinary activities before taxation
Answer: The profit (2018: loss) on ordinary activities before taxation

Question: What was the amount of Depreciation of property, plant and equipment in 2019?
Facts: 11.8
Answer: 11.8 million

Question: What are the components under Operating lease rentals in the table?
Facts: Other; Property
Answer: Property; Other

Question: In which year was the amount of Property larger?
Facts: 2019
Derivation: 14.0>12.5
Answer: 2019

Question: What was the change in the amount of Property in 2019 from 2018?
Facts: 12.5; 14.0
Derivation: 14.0-12.5
Answer: 1.5 million

Question: What was the percentage change in the amount of Property in 2019 from 2018?
Facts: 12.5; 14.0
Derivation: (14.0-12.5)/12.5
Answer: 12 percent

Question: What do short-term employee benefits comprise?
Facts: fees, salaries, benefits and bonuses earned during the year as well as nonmonetary benefits.
Answer: fees, salaries, benefits and bonuses earned during the year as well as nonmonetary benefits.

Question: What do post-employment benefits comprise?
Facts: the cost of providing defined contribution pensions to senior management in respect of the current period.
Answer: the cost of providing defined contribution pensions to senior management in respect of the current period.

Question: What are the components making up the total Compensation of Key Management Personnel in the table?
Facts: Post-employment benefits; Share-based payments - equity-settled; Short-term employee benefits
Answer: Short-term employee benefits; Post-employment benefits; Share-based payments - equity-settled

Question: In which year was the Total compensation of key management personnel larger?
Facts: 2018
Derivation: 26.9>17.1
Answer: 2018

Question: What was the change in the Total compensation of key management personnel  in 2019 from 2018?
Facts: 17.1; 26.9
Derivation: 17.1-26.9
Answer: -9.8 million

Question: What was the percentage change in the Total compensation of key management personnel  in 2019 from 2018?
Facts: 17.1; 26.9
Derivation: (17.1-26.9)/26.9
Answer: -36.43 percent

Question: What are the values for FY18 restated for?
Facts: Restated for the adoption of IFRS 15 and change in accounting policy in respect of research and development expenditure tax credit scheme and provision for interest on uncertain tax positions, as explained in note 2 of the Financial Statements
Answer: Restated for the adoption of IFRS 15 and change in accounting policy in respect of research and development expenditure tax credit scheme and provision for interest on uncertain tax positions, as explained in note 2 of the Financial Statements

Question: Where can the definitions and reconciliations for non-GAAP measures under alternative performance measures be found?
Facts: in note 5 of the Financial Statements
Answer: in note 5 of the Financial Statements

Question: What are the components under Statutory measures in the table?
Facts: Net cash flow from operating activities; Profit / (Loss) before taxation; Revenue
Answer: Revenue; Profit / (Loss) before taxation; Net cash flow from operating activities

Question: In which year was Billings larger?
Facts: FY18
Derivation: 768.6>760.3
Answer: FY18

Question: What was the change in Revenue in 2019 from 2018?
Facts: 639.0; 710.6
Derivation: 710.6-639.0
Answer: 71.6 million

Question: What was the average revenue in 2018 and 2019?
Facts: 639.0; 710.6
Derivation: (710.6+639.0)/2
Answer: 674.8 million

Question: What was the carrying value of the liability in 2019?
Facts: $1.6M
Answer: $1.6M

Question: What was the  Cash-settled transactions for 2019?
Facts: 1.9
Answer: 1.9 million

Question: What are the types of transactions factored in the calculation of the total share-based payment expense recognised for employee services received during the year?
Facts: Cash-settled transactions; Equity-settled transactions
Answer: Cash-settled transactions; Equity-settled transactions

Question: In which year was the Cash-settled transactions larger?
Facts: 2018
Derivation: 2.7>1.9
Answer: 2018

Question: What was the change in Cash-settled transactions in 2019 from 2018?
Facts: 1.9; 2.7
Derivation: 1.9-2.7
Answer: -0.8 million

Question: What was the percentage change in Cash-settled transactions in 2019 from 2018?
Facts: 1.9; 2.7
Derivation: (1.9-2.7)/2.7
Answer: -29.63 percent

Question: What was the amount of Total revenue in 2019?
Facts: 710.6
Answer: 710.6 million

Question: What was the amount of Other in 2019?
Facts: 33.7
Answer: 33.7 million

Question: What are the product types analyzed in the table which contribute to the Revenue recognised in the Consolidated Statement of Profit or Loss?
Facts: Enduser; Network; Other
Answer: Network; Enduser; Other

Question: In which year was the amount of Other larger?
Facts: 2019
Derivation: 33.7>30.7
Answer: 2019

Question: What was the change in Enduser in 2019 from 2018?
Facts: 291.8; 348.4
Derivation: 348.4-291.8
Answer: 56.6 million

Question: What was the percentage change in Enduser in 2019 from 2018?
Facts: 291.8; 348.4
Derivation: (348.4-291.8)/291.8
Answer: 19.4 percent

Question: Where does the currency exchange differences that the Group experiences arise from?
Facts: arising upon retranslation of monetary items (primarily short-term inter-Company balances and long-term borrowings), which are recognised as an expense in the period the difference occurs.
Answer: arising upon retranslation of monetary items (primarily short-term inter-Company balances and long-term borrowings), which are recognised as an expense in the period the difference occurs.

Question: How would any foreign exchange variance be recognised?
Facts: as unrealised foreign exchange in the Consolidated Statement of Profit or Loss and have no impact on cash flows.
Answer: as unrealised foreign exchange in the Consolidated Statement of Profit or Loss and have no impact on cash flows.

Question: For which currencies does the table record the effect of a 10% movement against the US dollar?
Facts: Euro; Sterling
Answer: Sterling; Euro

Question: In which year was the impact on Equity from a 10% movement in sterling to US dollar value larger?
Facts: 2018
Derivation: 37.4>33.8
Answer: 2018

Question: What was the change in the impact on Equity from a 10% movement in sterling to US dollar value in 2019 from 2018?
Facts: 33.8; 37.4
Derivation: 33.8-37.4
Answer: -3.6 million

Question: What was the percentage change in the impact on Equity from a 10% movement in sterling to US dollar value in 2019 from 2018?
Facts: 33.8; 37.4
Derivation: (33.8-37.4)/37.4
Answer: -9.63 percent

Question: What was UK corporation tax for the year-ended 31 March 2019 calculated as?
Facts: 19% (2018: 19%) of the estimated assessable loss for the period.
Answer: 19% (2018: 19%) of the estimated assessable loss for the period.

Question: What was the total income tax charge in 2019?
Facts: 26.7
Answer: 26.7 million

Question: What are the subtotal components in the table used to calculate the total income tax charge?
Facts: Total current tax charge; Total deferred tax credit
Answer: Total current tax charge; Total deferred tax credit

Question: In which year was the total income tax charge larger?
Facts: 2019
Derivation: 26.7>19.9
Answer: 2019

Question: What was the change in Total income tax charge in 2019 from 2018?
Facts: 19.9; 26.7
Derivation: 26.7-19.9
Answer: 6.8 million

Question: What was the percentage change in Total income tax charge in 2019 from 2018?
Facts: 19.9; 26.7
Derivation: (26.7-19.9)/19.9
Answer: 34.17 percent

Question: What did the Group pay the following amounts to its auditor in respect to?
Facts: in respect of the audit of the historical financial information and for other non-audit services provided to the Group.
Answer: in respect of the audit of the historical financial information and for other non-audit services provided to the Group.

Question: What is the Audit of the Financial Statements fees for 2019?
Facts: 0.4
Answer: 0.4 million

Question: What are the items under Total audit fees in the table?
Facts: Audit of the Financial Statements; Subsidiary local statutory audits
Answer: Audit of the Financial Statements; Subsidiary local statutory audits

Question: In which year was the amount of Total audit fees larger?
Facts: 2018
Derivation: 0.7>0.6
Answer: 2018

Question: What was the change in Total audit fees in 2019 from 2018?
Facts: 0.6; 0.7
Derivation: 0.6-0.7
Answer: -0.1 million

Question: What was the percentage change in Total audit fees in 2019 from 2018?
Facts: 0.6; 0.7
Derivation: (0.6-0.7)/0.7
Answer: -14.29 percent

Question: How does cash at bank earn interest?
Facts: at floating rates based on daily bank deposit rates
Answer: at floating rates based on daily bank deposit rates

Question: What are short-term deposits made for?
Facts: for varying periods of between one day and three months, depending on the immediate cash requirements of the Group, and earn interest at the respective short-term deposit rates.
Answer: for varying periods of between one day and three months, depending on the immediate cash requirements of the Group, and earn interest at the respective short-term deposit rates.

Question: What are the components making up the total cash and cash equivalents?
Facts: Cash at bank and in hand; Short-term deposits
Answer: Cash at bank and in hand; Short-term deposits

Question: In which year was the amount of short-term deposits larger?
Facts: 2018
Derivation: 37.8>52.8
Answer: 2018

Question: What was the change in the Total cash and cash equivalent in 2019 from 2018?
Facts: 120.0; 172.1
Derivation: 172.1-120.0
Answer: 52.1 million

Question: What was the percentage change in the Total cash and cash equivalent in 2019 from 2018?
Facts: 120.0; 172.1
Derivation: (172.1-120.0)/120.0
Answer: 43.42 percent

Question: What do Billings represent?
Facts: the value of products and services invoiced to customers after receiving a purchase order from the customer and delivering products and services to them, or for which there is no right to a refund. Billings do not equate to statutory revenue.
Answer: the value of products and services invoiced to customers after receiving a purchase order from the customer and delivering products and services to them, or for which there is no right to a refund. Billings do not equate to statutory revenue.

Question: What was the amount of Billings in 2019?
Facts: 760.3
Answer: 760.3 million

Question: What were the components in the table used to calculate Billings?
Facts: Net deferral of revenue; Revenue
Answer: Revenue; Net deferral of revenue

Question: In which year was the amount of Billings larger?
Facts: 2018
Derivation: 768.6>760.3
Answer: 2018

Question: What was the change in Revenue in 2019 from 2018?
Facts: 639.0; 710.6
Derivation: 710.6-639.0
Answer: 71.6 million

Question: What was the percentage change in Revenue in 2019 from 2018?
Facts: 639.0; 710.6
Derivation: (710.6-639.0)/639.0
Answer: 11.21 percent

Question: What do the reconciling items in the table represent?
Facts: the impact of rate differentials in tax jurisdictions and the impact of non-taxable benefits and non-deductible expenses arising from differences between the local tax base and the reported Financial Statements.
Answer: the impact of rate differentials in tax jurisdictions and the impact of non-taxable benefits and non-deductible expenses arising from differences between the local tax base and the reported Financial Statements.

Question: What is the Chief Financial Officer responsible for?
Facts: responsible for tax strategy supported by a global team of tax professionals. Sophos strives for an open and transparent relationship with all revenue authorities and is vigilant in ensuring that the Group complies with current tax legislation.
Answer: responsible for tax strategy supported by a global team of tax professionals. Sophos strives for an open and transparent relationship with all revenue authorities and is vigilant in ensuring that the Group complies with current tax legislation.

Question: In which years was the Charge for taxation on profit for the year recorded?
Facts: 2018; 2019
Answer: 2019; 2018

Question: In which year was the Charge for taxation on profit  for the year larger?
Facts: 2019
Derivation: 26.7>19.9
Answer: 2019

Question: What was the change in the Charge for taxation on profit  for the year in 2019 from 2018?
Facts: 19.9; 26.7
Derivation: 26.7-19.9
Answer: 6.8 million

Question: What was the percentage change in the Charge for taxation on profit for the year in 2019 from 2018?
Facts: 19.9; 26.7
Derivation: (26.7-19.9)/19.9
Answer: 34.17 percent