Source document: Nextdc-Ltd_2019

Question: What is the gross carrying amount for current receivables?
Facts: 23,762
Answer: 23,762 thousand

Question: What was the expected loss rate for current receivables?
Facts: 1
Answer: 1 percent

Question: What is the loss allowance provision for current receivables?
Facts: 238
Answer: 238 thousand

Question: What was the difference between total net receivables and current net receivables?
Facts: 23,524; 27,579
Derivation: 27,579 - 23,524 
Answer: 4055 thousand

Question: What is the difference in the gross carrying amount between the current and the total?
Facts: 23,762; 28,320
Derivation: 28,320-23,762
Answer: 4558 thousand

Question: How much was the percentage of current net receivables out of total net receivables?
Facts: 23,524; 27,579
Derivation: 23,524 / 27,579 
Answer: 85.3 percent

Question: What was the net profit/(loss) after tax in FY19?
Facts: $(9.8) million
Answer: $(9.8) million

Question: What was the underlying EBITDA in FY19?
Facts: $85.1 million
Answer: $85.1 million

Question: What was the percentage change in underlying EBITDA between 2018 and 2019?
Facts: 36%
Answer: 36%

Question: Which FY has a higher EBITDA?
Facts: 2019
Derivation: 79,046 (2019) vs 63,954 (2018)
Answer: 2019

Question: What was the average difference between EBITDA and underlying EBITDA for both FYs?
Facts: 2; 62,575; 63,954; 79,046; 85,123
Derivation: ((85,123 - 79,046) + (63,954 - 62,575)) / 2 
Answer: 3728 thousand

Question: What was the difference in net profit between both FYs?
Facts: 6,639; 9,819
Derivation: -9,819 - 6,639 
Answer: -16458 thousand

Question: What does costs capitalised include?
Facts: employee costs; external direct costs of materials and service
Answer: external direct costs of materials and service; employee costs

Question: What was the total intangible assets in 2019?
Facts: 23,678
Answer: 23,678 thousand

Question: What was the value of Rights and licences in 2019 and 2018 respectively?
Facts: 13
Answer: 13; 13 thousand

Question: What was the percentage change in internally generated software between 2018 and 2019?
Facts: 6,385; 7,381
Derivation: (7,381 - 6,385) / 6,385 
Answer: 15.6 percent

Question: What was the percentage change in software under development between 2018 and 2019?
Facts: 16,284; 6,509
Derivation: (16,284 - 6,509) / 6,509 
Answer: 150.18 percent

Question: What was the percentage change in rights and licences between 2018 and 2019?
Facts: 13
Derivation: (13 - 13) / 13 
Answer: 0 percent

Question: How does the Group manages its capital structure ?
Facts: by regularly reviewing its gearing ratio to ensure it maintains an appropriate level of gearing within facility covenants.
Answer: by regularly reviewing its gearing ratio to ensure it maintains an appropriate level of gearing within facility covenants.

Question: What is the gearing ratio in 2019?
Facts: 35.0%
Answer: 35.0%

Question: How much was the total capital in 2018?
Facts: 778,949
Answer: 778,949 thousand

Question: What was the percentage change in total capital between 2018 and 2019?
Facts: 1,343,481; 778,949
Derivation: (1,343,481 - 778,949) / 778,949 
Answer: 72.47 percent

Question: What was the percentage of total equity among total capital in 2019?
Facts: 1,343,481; 875,303
Derivation: 875,303 / 1,343,481 
Answer: 65.15 percent

Question: What was the percentage change in total borrowings and lease between 2018 and 2019?
Facts: 302,954; 867,177
Derivation: (867,177 - 302,954) / 302,954 
Answer: 186.24 percent

Question: How much was the security deposits in 2019?
Facts: 8,822
Answer: 8,822 thousand

Question: How was customer incentives amortised?
Facts: on a straight-line basis over the expected life of the contract
Answer: on a straight-line basis over the expected life of the contract

Question: How was contract costs amortised?
Facts: over the expected customer life
Answer: over the expected customer life

Question: What was the percentage change in prepayments between 2018 and 2019?
Facts: 2,631; 3,827
Derivation: (2,631 - 3,827) / 3,827 
Answer: -31.25 percent

Question: What was the percentage change in security deposits between 2018 and 2019?
Facts: 4,151; 8,822
Derivation: (8,822 - 4,151) / 4,151 
Answer: 112.53 percent

Question: Which other assets (current) was the largest in 2018?
Facts: Security deposits
Derivation: 4,151 vs 3,827 vs 764 vs 412 
Answer: Security deposits

Question: How much was the security deposits in 2019?
Facts: 8,822
Answer: 8,822 thousand

Question: How much cash was at bank in 2019?
Facts: 398,999
Answer: 398,999 thousand

Question: How much was the security deposits in 2018?
Facts: 4,151
Answer: 4,151 thousand

Question: What was the percentage change in AA rated security deposits between 2018 and 2019?
Facts: 4,151; 8,822
Derivation: (8,822 - 4,151) / 4,151 
Answer: 112.53 percent

Question: Cash at bank or security deposits, which one was greater in 2019?
Facts: Cash at bank
Derivation: 398,999 vs 8,822
Answer: Cash at bank

Question: What was the average difference between cash at bank and security deposits for both years?
Facts: 2; 398,999; 4,151; 417,982; 8,822
Derivation: ((398,999 - 8,822) + (417,982 - 4,151)) / 2 
Answer: 402004 thousand

Question: What were the 3 types of intangible assets?
Facts: Internally generated software; Rights and licences; Software under development
Answer: Rights and licences; Internally generated software; Software under development

Question: What was the total opening net book amount at 1 July 2018?
Facts: 12,907
Answer: 12,907 thousand

Question: What was the total closing net book account at 30 June 2019?
Facts: 23,678
Answer: 23,678 thousand

Question: What was the difference between total opening and closing net book amount?
Facts: 12,907; 23,678
Derivation: 23,678 - 12,907 
Answer: 10771 thousand

Question: What was the change in net book amount for software under development between 2018 and 2019?
Facts: 16,284; 6,509
Derivation: 16,284 - 6,509 
Answer: 9775 thousand

Question: What percentage of the total gain in book amount was due to internally generated software?
Facts: 12,907; 23,678; 6,385; 7,381
Derivation: (7,381 - 6,385) / (23,678 - 12,907) 
Answer: 9.25 percent

Question: How was trade payables recognised and measured?
Facts: recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method.
Answer: recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method.

Question: Why was the carrying amount of trade payables considered to be the same as their fair value?
Facts: Due to the short-term nature of trade and other payables
Answer: Due to the short-term nature of trade and other payables

Question: How much was the trade payables for 2019?
Facts: 44,840
Answer: 44,840 thousand

Question: What was the percentage change in accrued expenses between 2018 and 2019?
Facts: 2,114; 2,848
Derivation: (2,848 -2,114) / 2,114 
Answer: 34.72 percent

Question: What was the sum of accrued expenses and accrued capital expenditure in 2018?
Facts: 1,767; 2,114
Derivation: 1,767 + 2,114 
Answer: 3881 thousand

Question: What was the percentage change in total trade and other payables between 2018 and 2019?
Facts: 34,409; 56,646
Derivation: (56,646 - 34,409) / 34,409 
Answer: 64.63 percent

Question: Do the company have any guarantees in relation to the debts of subsidiaries as of June 30, 2019?
Facts: did not have any guarantees in relation to the debts of subsidiaries
Answer: did not have any guarantees in relation to the debts of subsidiaries

Question: How much was the total loss for 2019 after tax?
Facts: 266,311
Answer: 266,311 thousand

Question: How much was the total assets in 2018?
Facts: 1,235,924
Answer: 1,235,924 thousand

Question: What was the percentage change in total liabilities between 2018 and 2019?
Facts: 341,947; 950,361
Derivation: (950,361 - 341,947) / 341,947 
Answer: 177.93 percent

Question: What was the difference between current and non-current assets in 2018?
Facts: 464,222; 771,702
Derivation: 771,702 - 464,222 
Answer: 307480 thousand

Question: What was the percentage change in reserves between 2018 and 2019?
Facts: 6,005; 6,285
Derivation: (6,285 - 6,005) / 6,005 
Answer: 4.66 percent

Question: How was internally developed software capitalised?
Facts: at cost less accumulated amortisation.
Answer: at cost less accumulated amortisation.

Question: How much was the closing net book amount for software under development in 2019?
Facts: 16,284
Answer: 16,284 thousand

Question: What was the total cost for 2019?
Facts: 29,259
Answer: 29,259 thousand

Question: What was the percentage change in cost of software under development between 2018 and 2019?
Facts: 16,284; 6,509
Derivation: (16,284 - 6,509) / 6,509 
Answer: 150.18 percent

Question: Which year have greater total accumulated amortisation? 
Facts: 2019
Derivation: 2019: (5,580) vs 2018: (3,261)
Answer: 2019

Question: What was the difference between total opening and closing net book account in 2018?
Facts: 12,907; 8,538
Derivation: 12,907 - 8,538 
Answer: 4369 thousand

Question: How do NextDC Management assess performance of the operating segments?
Facts: based on a measure of EBITDA.
Answer: based on a measure of EBITDA.

Question: What was the change in accounting for leases introduced by new adopted accounting standard AASB 16?
Facts: associated lease interest is allocated to the respective segments as a finance charge.
Answer: associated lease interest is allocated to the respective segments as a finance charge.

Question: What was the total segment profit before tax in FY18?
Facts: 61,449
Answer: 61,449 thousand

Question: What was the total expenses in FY2019?
Facts: 2,079; 20,527; 23,036; 45,612
Derivation: 23,036 + 45,612 + 2,079 + 20,527 
Answer: 91254 thousand

Question: Which year(s) incurred a loss before tax?
Facts: 2019
Derivation: Profit/(loss) before tax = (16,073)
Answer: 2019

Question: What was the percentage change in finance costs between 2018 and 2019?
Facts: 25,452; 45,612
Derivation: (45,612 - 25,452) / 25,452 
Answer: 79.21 percent

Question: How was the fair value of the rights at the date of valuation determined?
Facts: using the Black-Scholes Option Pricing Model to be equal to the volume weighted-average price (VWAP) ending on the day before the grant date, less the dividends expected over the period from the expected grant date to the completion of the measurement period, adjusted for the expected probability of achieving the vesting conditions.
Answer: using the Black-Scholes Option Pricing Model to be equal to the volume weighted-average price (VWAP) ending on the day before the grant date, less the dividends expected over the period from the expected grant date to the completion of the measurement period, adjusted for the expected probability of achieving the vesting conditions.

Question: When will the vesting of the rights be tested on?
Facts: on or around the day following the release of each of the annual results for the years ended 30 June 2019, 2020 and 2021 respectively.
Answer: on or around the day following the release of each of the annual results for the years ended 30 June 2019, 2020 and 2021 respectively.

Question: How much performance rights was granted in FY18?
Facts: 762,577
Answer: 762,577

Question: What was the average difference between number of rights in opening and closing balance for both years?
Facts: 2; 2,469,360; 2,948,960; 3,460,195
Derivation: ((2,948,960 - 2,469,360) + (3,460,195 - 2,948,960)) / 2 
Answer: 495417.5

Question: Which year had more rights vested?
Facts: 2019
Derivation: 2019: (1,307,885) vs 2018: (1,273,812)
Answer: 2019

Question: What was the percentage change in average fair value at closing balance between 2018 and 2019?
Facts: 1.87; 2.64
Derivation: (2.64 - 1.87) / 1.87 
Answer: 41.18 percent

Question: How much was the security deposits in 2018?
Facts: $4.2 million
Answer: $4.2 million

Question: What are the types of non-current assets?
Facts: Capitalised transaction costs; Contract costs; Customer incentives
Answer: Contract costs; Customer incentives; Capitalised transaction costs

Question: What was the total value of non-current assets in 2019?
Facts: 4,898
Answer: 4,898 thousand

Question: What was the percentage change in customer incentives between 2018 and 2019?
Facts: 1,091; 1,145
Derivation: (1,091 - 1,145) / 1,145 
Answer: -4.72 percent

Question: What was the percentage change in total other assets that are non-current between 2018 and 2019?
Facts: 4,898; 6,635
Derivation: (6,635 - 4,898) / 4,898 
Answer: 35.46 percent

Question: What was the sum of customer incentives and capitalised transaction costs in 2019?
Facts: 1,091; 3,359
Derivation: 1,091 + 3,359 
Answer: 4450 thousand

Question: What were the maturity groupings of the Group's financial liabilities?
Facts: Between 1 and 5 years; Over 5 years; Within 12 months
Answer: Within 12 months; Between 1 and 5 years; Over 5 years

Question: What was the assumption behind the cash flows for unsecured notes?
Facts: the early redemption options would not be exercised by the Group.
Answer: the early redemption options would not be exercised by the Group.

Question: What was the value of lease liabilities maturing between 1 and 5 years in 2019?
Facts: 26,709
Answer: 26,709 thousand

Question: Which financial liabilities in 2019, maturing within 12 months, was the greatest?
Facts: Unsecured notes
Derivation: 44,840 vs 46,634 vs 5,008
Answer: Unsecured notes

Question: What was the 2019 percentage change in carrying amount of total non-derivatives?
Facts: 330,594; 912,017
Derivation: (912,017 - 330,594) / 330,594 
Answer: 175.87 percent

Question: What was the 2019 percentage change in total contractual cash flows of total non-derivatives?
Facts: 1,190,451; 397,047
Derivation: (1,190,451 - 397,047) / 397,047 
Answer: 199.83 percent

Question: What was the GST receivable for 2019 and 2018 respectively?
Facts: 162; 6,222
Answer: 6,222; 162 thousand

Question: Why was trade receivables considered under current assets?
Facts: generally due for settlement within 30 - 60 days and therefore are all classified as current.
Answer: generally due for settlement within 30 - 60 days and therefore are all classified as current.

Question: How much was the net trade receivables for 2018?
Facts: 35,268
Answer: 35,268 thousand

Question: What was the percentage change in trade receivables between 2018 and 2019?
Facts: 28,320; 36,522
Derivation: (28,320 - 36,522) / 36,522 
Answer: -22.46 percent

Question: What was the percentage change in GST receivables between 2018 and 2019?
Facts: 162; 6,222
Derivation: (6,222 - 162) / 162 
Answer: 3740.74 percent

Question: What was the difference between trade and GST receivables in 2018?
Facts: 162; 36,522
Derivation: 36,522 - 162 
Answer: 36360 thousand

Question: What costs are taken into account for measuring Right-of-use assets?
Facts: any initial direct costs; any lease payments made at or before the commencement date, less any lease incentives received; restoration costs; the amount of the initial measurement of lease liability
Answer: the amount of the initial measurement of lease liability; any lease payments made at or before the commencement date, less any lease incentives received; any initial direct costs; restoration costs

Question: How much was the additions to the right-of-use assets during FY19?
Facts: $0.3 million.
Answer: $0.3 million.

Question: How much value of right-of-use assets in relation to leases are recognised by the Group?
Facts: 78,524
Answer: 78,524 thousand

Question: Which year has the higher total right-of-use assets?
Facts: 2019
Derivation: 78,524> 5,070
Answer: 2019

Question: What was the percentage change in values of properties between 2018 and 2019?
Facts: 5,070; 68,569
Derivation: (68,569 - 5,070) / 5,070 
Answer: 1252.45 percent

Question: What was the sum of values of motor vehicles and connectivity links in 2019?
Facts: 259; 9,696
Derivation: 259 + 9,696 
Answer: 9955 thousand