Source document: Woolworths-Limited_2019

Question: What is the gross margin for F19?
Facts: 22.9%
Answer: 22.9%

Question: What is the number of stores under Dan Murphy's store network in F19?
Facts: 230
Answer: 230

Question: What percentage did Sales increased by between F19 and F18?
Facts: 5.0%
Answer: 5.0%

Question: What is the nominal difference for ROFE between F19 and F18?
Facts: 15.2; 17.1
Derivation: 17.1 - 15.2 
Answer: 1.9 percent

Question: What is the average value for sales per square metre for both F19 and F18?
Facts: 18,094; 18,675
Derivation: (18,675 + 18,094)/2 
Answer: 18384.5 million

Question: What is the average ROFE for the years F19 and F18?
Facts: 15.2; 17.1
Derivation: (15.2 + 17.1)/2 
Answer: 16.15 percent

Question: Is the defined benefit plan open to new members?
Facts: The defined benefit plan is closed to new members.
Answer: The defined benefit plan is closed to new members.

Question: What is the discount rate in 2019?
Facts: 2.9
Answer: 2.9 percent

Question: What is another name for the defined benefit plan?
Facts: Woolworths Group Superannuation Plan
Answer: Woolworths Group Superannuation Plan

Question: What is the average discount rate for 2018 and 2019?
Facts: 2; 2.9; 3.8
Derivation: (2.9% + 3.8%)/2 
Answer: 3.35 percent

Question: What is the change in expected rate of salary increase between 2018 and 2019?
Facts: 2.5
Derivation: 2.5% - 2.5% 
Answer: 0 percent

Question: What is the average rate of price inflation for 2018 and 2019?
Facts: 2; 2.0
Derivation: (2.0% + 2.0%)/2 
Answer: 2 percent

Question: What is total basic earnings per share (cents per share)  for 2019?
Facts: 206.2
Answer: 206.2

Question: What is the definition of the term "Earnings per share" ?
Facts: Earnings per share presents the amount of profit generated for the reporting period attributable to shareholders divided by the weighted average number of shares on issue.
Answer: Earnings per share presents the amount of profit generated for the reporting period attributable to shareholders divided by the weighted average number of shares on issue.

Question: What is the value of the total diluted earnings per share (cents per share) in 2018?
Facts: 132.3
Answer: 132.3

Question: What is the average total basic earnings per share for both 2018 and 2019?
Facts: 132.6; 206.2
Derivation: (206.2 + 132.6)/2 
Answer: 169.4

Question: What is the percentage constitution of continuing operations in diluted earnings per share in 2019?
Facts: 113.6; 204.9
Derivation: 113.6/204.9 
Answer: 55.44 percent

Question: What is the nominal difference for basic earnings per share (cents per share) between 2018 and 2019?
Facts: 132.6; 206.2
Derivation: 206.2 - 132.6 
Answer: 73.6

Question: Why are performance measures not attached to sign-on and retention rights?
Facts: due to the objective of retaining key talent and vest subject to the executive remaining employed by the Group, generally for two or more years.
Answer: due to the objective of retaining key talent and vest subject to the executive remaining employed by the Group, generally for two or more years.

Question: What is the outstanding number of rights at end of period in 2019?
Facts: 13,477,758
Answer: 13,477,758

Question: Are there any requirements to fulfil to gain access to the performance rights under the Recognition share plan?
Facts: Participants are required to meet a service condition and other performance measures to gain access to the performance rights.
Answer: Participants are required to meet a service condition and other performance measures to gain access to the performance rights.

Question: What is the difference in the number of rights 'granted during the period' between 2018 and 2019?
Facts: 4,465,617; 5,691,731
Derivation: 5,691,731 - 4,465,617 
Answer: 1226114

Question: What is the average number of rights 'outstanding at end of period' for 2018 and 2019?
Facts: 10,692,594; 13,477,758
Derivation: (13,477,758 + 10,692,594)/2 
Answer: 12085176

Question: What is the percentage increase in the number of rights 'outstanding at the start of period' from 2018 to 2019? 
Facts: 10,692,594; 6,737,076
Derivation: (10,692,594 - 6,737,076)/6,737,076 
Answer: 58.71 percent

Question: What does contributed equity represent?
Facts: Contributed equity represents the number of ordinary shares on issue less shares held by the Group.
Answer: Contributed equity represents the number of ordinary shares on issue less shares held by the Group.

Question: When did the Group complete an off-market share buy-back of 58,733,844 ordinary shares?
Facts: 27 May 2019
Answer: 27 May 2019

Question: What entitlements do holders of ordinary shares have?
Facts: Holders of ordinary shares are entitled to receive dividends as declared and are entitled to one vote per share at shareholders’ meetings.
Answer: Holders of ordinary shares are entitled to receive dividends as declared and are entitled to one vote per share at shareholders’ meetings.

Question: What is the nominal difference for the number of fully paid ordinary shares between 2018 and 2019?
Facts: 1,258,690,067; 1,313,323,941
Derivation: 1,313,323,941 - 1,258,690,067 
Answer: 54633874

Question: What is the average contributed equity at end of period for 2018 and 2019 in terms of $M?
Facts: 5,828; 6,055
Derivation: (5,828 + 6,055)/2 
Answer: 5941.5 million

Question: What is the nominal difference in contributed equity between 2018 and 2019 in terms of $M ?
Facts: 5,828; 6,055
Derivation: 6,055 - 5,828 
Answer: 227 million

Question: What factors drove the hotels sales improvement in the second half?
Facts: Driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year.
Answer: Driven by Bars, Food and Accommodation, benefitting from venue refurbishments completed in the year.

Question: Why did normalised ROFE decrease?
Facts: Due to an increase in funds employed driven by refurbishments and acquisitions of hotels.
Answer: Due to an increase in funds employed driven by refurbishments and acquisitions of hotels.

Question: How much did Hotels sales increased by in F19?
Facts: 3.7%
Answer: 3.7%

Question: What is the average sales for years F19 and F18?
Facts: 1,612; 1,671
Derivation: (1,671 + 1,612) / 2 
Answer: 1641.5 million

Question: What is the nominal difference in EBITDA between F19 and F18?
Facts: 361; 372
Derivation: 372 - 361 
Answer: 11 million

Question: What is the percentage constitution of Depreciation and Amortisation in EBITDA in F19?
Facts: 111; 372
Derivation: 111 / 372 
Answer: 29.84 percent

Question: What is the unit used in the table?
Facts: $M
Answer: $M

Question: What is the total commitments for expenditure in 2019?
Facts: 22,189
Answer: 22,189 million

Question: What establishments do the Group lease?
Facts: The Group leases retail premises and warehousing facilities which are generally for periods up to 40 years.
Answer: The Group leases retail premises and warehousing facilities which are generally for periods up to 40 years.

Question: What is the difference in total operating lease commitments between 2018 and 2019?
Facts: 21,791; 22,904
Derivation: 22,904 - 21,791 
Answer: 1113 million

Question: What is the average total commitments for expenditures for 2018 and 2019?
Facts: 22,189; 23,320
Derivation: (22,189 + 23,320)/2 
Answer: 22754.5 million

Question: What is the percentage constitution of total capital expenditure commitments in the total commitments for expenditure in 2018?
Facts: 23,320; 416
Derivation: 416/23,320 
Answer: 1.78 percent

Question: What is the value of Central Overheads in F19?
Facts: $60 million
Answer: $60 million

Question: What is the total dividend per share in F19?
Facts: 102
Answer: 102

Question: What is the EBIT for F19?
Facts: 4.5
Answer: 4.5 percent

Question: What percentage of the total dividend per share does the interim dividend per share constitute?
Facts: 102; 45
Derivation: 45/102 
Answer: 44.12 percent

Question: What is the nominal difference of the total group basic EPS (cents) before significant items and after significant items?
Facts: 142.8; 206.2
Derivation: 206.2-142.8 
Answer: 63.4

Question: What is the value of Central Overheads in F18?
Facts: 60; 76
Derivation: 76 + 60 
Answer: 136 million

Question: When are assets classified as held for sale?
Facts: Assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than continuing use and a sale is considered highly probable.
Answer: Assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than continuing use and a sale is considered highly probable.

Question: When is an impairment loss recognised?
Facts: An impairment loss is recognised for any initial or subsequent write-down of the asset to fair value less costs to sell.
Answer: An impairment loss is recognised for any initial or subsequent write-down of the asset to fair value less costs to sell.

Question: What is the total assets classified as held for sale in 2019?
Facts: 225
Answer: 225 million

Question: What is the difference in total assets classified as held for sale between 2018 and 2019?
Facts: 225; 821
Derivation: 821 - 225 
Answer: 596 million

Question: What is the difference in other assets between 2018 and 2019?
Facts: 155; 16
Derivation: 155 - 16 
Answer: 139 million

Question: What is the percentage change in property, plant and equipment between 2018 and 2019?
Facts: 209; 666
Derivation: (666 - 209)/666 
Answer: 68.62 percent

Question: How many Woolworths Supermarkets were managed by the Metro team by the end of the financial year?
Facts: 16
Answer: 16

Question: What is the percentage change for Sales during this financial year?
Facts: 5.3%
Answer: 5.3%

Question: How many Metro-branded stores were managed by the Metro team by the end of the financial year?
Facts: 43
Answer: 43

Question: What is the percentage of Depreciation and amortisation in EBITDA in F19?
Facts: 2,613; 756
Derivation: (756/2,613) 
Answer: 28.93 percent

Question: What is the percentage of EBIT in EBITDA?
Facts: 1,857; 2,613
Derivation: (1,857/2,613) 
Answer: 71.07 percent

Question: What is the nominal difference for Sales between F19 and F18?
Facts: 37,589; 39,568
Derivation: 39,568 - 37,589 
Answer: 1979 million

Question: How does the Group manage its liquidity requirements?
Facts: The Group manages its liquidity requirements with a range of short-term money market loans, bank loans, and flexible debt instruments with varying maturities.
Answer: The Group manages its liquidity requirements with a range of short-term money market loans, bank loans, and flexible debt instruments with varying maturities.

Question: According to S&P, what is the credit rating for the Group?
Facts: BBB
Answer: BBB

Question: According to Moody's, what is the credit rating for the Group?
Facts: Baa2
Answer: Baa2

Question: What is the difference between the total opening balance and the total closing balance?
Facts: 2,803; 3,129
Derivation: 3,129 - 2,803 
Answer: 326 million

Question: What percentage constitution does total non-current borrowings hold in the total opening balance?
Facts: 2,199; 2,803
Derivation: 2,199/2,803 
Answer: 78.45 percent

Question: What percentage constitution does bank loans hold in total non-current borrowings in the closing balance?
Facts: 2,855; 678
Derivation: 678/2,855 
Answer: 23.75 percent

Question: What is the amount of short-term employee benefits in 2018?
Facts: 14,217,931
Answer: 14,217,931

Question: What is the total remuneration for Key Management Personnel of the Group in 2019?
Facts: 21,836,911
Answer: 21,836,911

Question: How were transactions conducted?
Facts: on an arm’s length basis in the ordinary course of business and under normal terms and conditions for customers and employees.
Answer: on an arm’s length basis in the ordinary course of business and under normal terms and conditions for customers and employees.

Question: What is the difference in short-term employee benefits between 2018 and 2019?
Facts: 12,175,184; 14,217,931
Derivation: 14,217,931 - 12,175,184 
Answer: 2042747

Question: What is the average post employment benefits for 2018 and 2019?
Facts: 297,319; 322,733
Derivation: (322,733 + 297,319)/2 
Answer: 310026

Question: What is the difference in the total remuneration for Key Management Personnel of the Group between 2018 and 2019?
Facts: 21,249,326; 21,836,911
Derivation: 21,836,911 - 21,249,326 
Answer: 587585

Question: What is The Group's revenue mainly made up of?
Facts: The Group’s revenue mainly comprises the sale of goods in-store and online, and hospitality and leisure services.
Answer: The Group’s revenue mainly comprises the sale of goods in-store and online, and hospitality and leisure services.

Question: What is the sale of goods in-store in 2019?
Facts: 54,720
Answer: 54,720 million

Question: What can customers do with the Woolworths Rewards points earned in the Loyalty program?
Facts: Woolworths Rewards points granted by the Group provide customers with a material right to a discount on future purchases.
Answer: Woolworths Rewards points granted by the Group provide customers with a material right to a discount on future purchases.

Question: What is the average sale of goods in-store for both 2018 and 2019?
Facts: 52,533; 54,720
Derivation: (54,720 + 52,533)/2 
Answer: 53626.5 million

Question: What is the difference in value for sale of goods online between 2019 and 2018?
Facts: 1,883; 2,534
Derivation: 2,534 - 1,883 
Answer: 651 million

Question: What proportion does leisure and hospitality services constitute in the total revenue in 2019?
Facts: 1,671; 59,984
Derivation: 1,671/59,984 
Answer: 2.79 percent

Question: What is the total other financial assets in 2019?
Facts: 737
Answer: 737 million

Question: What are associates?
Facts: Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies.
Answer: Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies.

Question: What is the unit used in the table?
Facts: $M
Answer: $M

Question: What is the increase in total other financial assets from 2018 to 2019?
Facts: 575; 737
Derivation: 737 - 575 
Answer: 162 million

Question: What is the percentage constitution of current derivatives in the total other financial liabilities in 2019?
Facts: 58; 82
Derivation: 58 / 82 
Answer: 70.73 percent

Question: What is the average of the total other financial liabilities for both 2018 and 2019?
Facts: 111; 82
Derivation: (82 + 111)/2 
Answer: 96.5 million

Question: What does the lease-adjusted ROFE measure?
Facts: Measures the balance between our earnings growth and the disciplined allocation and application of assets used to generate those earnings.
Answer: Measures the balance between our earnings growth and the disciplined allocation and application of assets used to generate those earnings.

Question: What is the rTSR for Entry?
Facts: 16.66%
Answer: 16.66%

Question: What does the Sales per square metre measure?
Facts: Measures sales productivity improvements across the Food and Drinks businesses.
Answer: Measures sales productivity improvements across the Food and Drinks businesses.

Question: What is the total SALES/SQM for all 3 levels?
Facts: 20; 33.33; 6.66
Derivation: 6.66% + 20% + 33.33% 
Answer: 59.99 percent

Question: What is the difference for rTSR between Stretch and Entry?
Facts: 16.66; 33.33
Derivation: 33.33% - 16.66% 
Answer: 16.67 percent

Question: What is the total ROFE across all 3 levels?
Facts: 20; 33.33; 6.66
Derivation: 6.66% + 20% + 33.33% 
Answer: 59.99 percent

Question: What is the focus of BIG W in F20?
Facts: In F20, BIG W will focus on creating a sustainable business that is simpler to operate, and continue providing customers with low prices and more convenient, connected solutions in‐store and online.
Answer: In F20, BIG W will focus on creating a sustainable business that is simpler to operate, and continue providing customers with low prices and more convenient, connected solutions in‐store and online.

Question: What is the gross margin in F19?
Facts: 31.1
Answer: 31.1 percent

Question: Why did the funds employed declined?
Facts: Funds employed declined primarily due to significant items provisions.
Answer: Funds employed declined primarily due to significant items provisions.

Question: What is the nominal difference between the sales in F19 and F18?
Facts: 3,566; 3,797
Derivation: 3,797 - 3,566 
Answer: 231 million

Question: What is the average cost of doing business (%) for both F19 and F18?
Facts: 33.4; 34.8
Derivation: (33.4 + 34.8)/2 
Answer: 34.1 percent

Question: What is the nominal difference between sales per square metre for F19 and F18?
Facts: 3,369; 3,629
Derivation: 3,629 - 3,369 
Answer: 260 million

Question: When is provision for restructuring recognised?
Facts: Provision for restructuring is recognised when the Group has developed a detailed formal plan for the restructuring and has raised a valid expectation in those affected by the restructuring that the restructuring will occur.
Answer: Provision for restructuring is recognised when the Group has developed a detailed formal plan for the restructuring and has raised a valid expectation in those affected by the restructuring that the restructuring will occur.

Question: What is the amount of current self-insured risks in 2019?
Facts: 173
Answer: 173 million

Question: What is the units used in the table?
Facts: $M
Answer: $M

Question: What is the nominal difference of non-current self-insured risks between 2019 and 2018?
Facts: 419; 430
Derivation: 430 - 419 
Answer: 11 million

Question: What is the percentage constitution of current self-insured risks in the total self-insured risks in 2019?
Facts: 173; 603
Derivation: 173/603 
Answer: 28.69 percent

Question: What is the average cash payments for self-insured risks for both years?
Facts: 148; 157
Derivation: (157 + 148)/2 
Answer: 152.5 million

Question: What factors are taken into consideration when setting the asset allocation of the plan?
Facts: the membership profile, the liquidity requirements of the plan, and risk appetite of the Group.
Answer: the membership profile, the liquidity requirements of the plan, and risk appetite of the Group.

Question: What is the average duration of the defined benefit obligation at the end of the reporting period?
Facts: 6.8 years
Answer: 6.8 years

Question: What does the plan invests in?
Facts: pooled superannuation trust products where prices are quoted daily.
Answer: pooled superannuation trust products where prices are quoted daily.

Question: What is the difference in equity instruments between 2018 and 2019?
Facts: 53.9; 58.5
Derivation: 58.5% - 53.9% 
Answer: 4.6 percent

Question: What is the average percentage constitution of real estate for 2018 and 2019?
Facts: 10.8; 2; 3.5
Derivation: (10.8% + 3.5%)/2 
Answer: 7.15 percent

Question: What is the difference in debt instruments between 2018 and 2019?
Facts: 18.6; 22.5
Derivation: 22.5% - 18.6% 
Answer: 3.9 percent

Question: What was the total board and committee fees paid during F19?
Facts: $2,859,903
Answer: $2,859,903

Question: What is the F19 fee for a member of the People Performance Committee?
Facts: $27,265
Answer: $27,265

Question: What is the value of the aggregate annual fee pool used to pay non-executive Director fees?
Facts: $4,000,000
Answer: $4,000,000

Question: What is the percentage increase for the fees paid to the Chair of Sustainability Committee between F19 and F20?
Facts: 45,000; 65,000
Derivation: (65,000 - 45,000)/ 45,000 
Answer: 44.44 percent

Question: What is the nominal difference for the fees paid in F19 and F20 to a member in the board?
Facts: 254,990
Derivation: 254,990 - 254,990 
Answer: 0

Question: What is the difference between the fees paid to a member in the board compared to a member in the sustainability committee in F19?
Facts: 22,500; 254,990
Derivation: 254,990 - 22,500 
Answer: 232490

Question: What was the share-based payments expense in 2018?
Facts: $57,710,434
Answer: $57,710,434

Question: What is the Grant date in 2019?
Facts: 30 Nov 2018
Answer: 30 Nov 2018

Question: What is the exercise date in 2018?
Facts: 1 Jul 2020
Answer: 1 Jul 2020

Question: What is the change in expected volatility between 2018 and 2019?
Facts: 15.0; 16.0
Derivation: 16.0% - 15.0% 
Answer: 1 percent

Question: What is the average risk-free interest rate for 2018 and 2019?
Facts: 1.9; 2; 2.1
Derivation: (2.1% + 1.9%)/2 
Answer: 2 percent

Question: What is the change in expected dividend yield between 2018 and 2019?
Facts: 4.0
Derivation: 4.0% - 4.0% 
Answer: 0 percent

Question: What is the unit used in the table?
Facts: $’000
Answer: $’000

Question: What is the total auditors' remuneration in 2019?
Facts: 4,162
Answer: 4,162 thousand

Question: What is the meaning of assurance related service in the context of the table?
Facts: Assurance related services include various agreed upon procedures and review of the sustainability report.
Answer: Assurance related services include various agreed upon procedures and review of the sustainability report.

Question: What is the difference in the total auditors' remuneration between 2018 and 2019?
Facts: 3,769; 4,162
Derivation: 4,162 - 3,769 
Answer: 393 thousand

Question: In 2019, what is the percentage constitution of Deloitte Touche Tohmatsu Australia's remuneration in the total auditors' remuneration?
Facts: 3,618; 4,162
Derivation: 3,618/4,162 
Answer: 86.93 percent

Question: For the other auditors, what is the percentage change of tax compliance service from 2018 to 2019?
Facts: 29; 62
Derivation: (62-29)/29 
Answer: 113.79 percent