Source document: premier-foods-plc_2019

Question: What was the standard rate of corporation tax in the United Kingdom?
Facts: 19.0%
Answer: 19.0%

Question: When are corporation tax losses not recognised?
Facts: where future recoverability is uncertain.
Answer: where future recoverability is uncertain.

Question: What was the adjustments to the prior period in 2017/18?
Facts: £(8.1m)
Answer: £(8.1m)

Question: What was the change in the (Loss)/profit before taxation from 2018 to 2019?
Facts: 20.9; 42.7
Derivation: -42.7 - 20.9
Answer: -63.6 million

Question: What is the average Non-deductible items for 2018 and 2019?
Facts: 0.1; 0.9
Derivation: -(0.9 + 0.1) / 2
Answer: -0.5 million

Question: What was the average Adjustment for share-based payments for 2018 and 2019?
Facts: 0.4; 0.6
Derivation: -(0.4 + 0.6) / 2
Answer: -0.5 million

Question: What was the Net finance cost in 2018/19?
Facts: £47.2m
Answer: £47.2m

Question: What was the Net regular interest in 2018/19?
Facts: £40.5m
Answer: £40.5m

Question: What was the Net finance cost in 2017/18?
Facts: 48.4
Answer: 48.4 million

Question: What is the average Senior secured notes interest, for the year 2018/19 to 2017/18?
Facts: 31.7; 32.2
Derivation: (31.7+32.2) / 2
Answer: 31.95 million

Question: What is the average Bank debt interest, for the year 2018/19 to 2017/18?
Facts: 5.1; 7.2
Derivation: (5.1+7.2) / 2
Answer: 6.15 million

Question: What is the average Net regular interest, for the year 2018/19 to 2017/18?
Facts: 40.5; 44.4
Derivation: (40.5+44.4) / 2
Answer: 42.45 million

Question: What is the trading profit in 2018/19?
Facts: 128.5
Answer: 128.5 million

Question: What is the trading profit in 2017/18?
Facts: 123.0
Answer: 123.0 million

Question: What is the depreciation in 2017/18?
Facts: 16.6
Answer: 16.6 million

Question: What was the change in the trading profit from 2017/18 to 2018/19?
Facts: 123.0; 128.5
Derivation: 128.5 - 123.0
Answer: 5.5 million

Question: What was the average depreciation for 2017/18 and 2018/19?
Facts: 16.6; 17.0
Derivation: (17.0 + 16.6) / 2
Answer: 16.8 million

Question: What is the average other non-cash items for 2017/18 and 2018/19?
Facts: 2.4; 2.8
Derivation: (2.4 + 2.8) / 2 
Answer: 2.6 million

Question: What was the basic salary per annum of Mr Darby in 2017/18?
Facts: £700,000
Answer: £700,000

Question: What was the basic salary of Mr Murray in 2018/19?
Facts: £416,201
Answer: £416,201

Question: What was the basic salary per annum of Mr Darby in 2018/19?
Facts: 583
Answer: 583 thousand

Question: What was the change in the salary of Gavin Darby from 2017/18 to 2018/19?
Facts: 583; 700
Derivation: 583 - 700
Answer: -117 thousand

Question: What is the average salary of Alastair Murray in 2017/18 and 2018/19?
Facts: 408; 416
Derivation: (416 + 408) / 2
Answer: 412 thousand

Question: What was the average taxable benefits for Gavin Darby for 2017/18 and 2018/19?
Facts: 17; 22
Derivation: (17 + 22) / 2
Answer: 19.5 thousand

Question: What was the loss before tax reported in the year?
Facts: £(42.7)m
Answer: £(42.7)m

Question: What was the adjusted profit before tax in the year?
Facts: £88.0m
Answer: £88.0m

Question: What was the increase in the adjusted profit after tax?
Facts: £7.6m
Answer: £7.6m

Question: What was the average trading profit for 2017/18 and 2018/19?
Facts: 123.0; 128.5
Derivation: (128.5 + 123.0) / 2
Answer: 125.75 million

Question: What is the change in the adjusted profit before tax from 2017/18 to 2018/19?
Facts: 78.6; 88.0
Derivation: 88.0 - 78.6
Answer: 9.4 million

Question: What is the average notional tax for 2017/18 and 2018/19?
Facts: 14.9; 16.7
Derivation: -(16.7 + 14.9) / 2
Answer: -15.8 million

Question: What was the amount of options granted under the Sharesave plan?
Facts: 5.0 million
Answer: 5.0 million

Question: What was the weighted average exercise price of outstanding options at 30 March 2019?
Facts: 32 pence
Answer: 32 pence

Question: What was the expense recognised in 2018/19?
Facts: £2.1m
Answer: £2.1m

Question: What was the change in the Outstanding at the beginning of the period for options from 2017/18 to 2018/19?
Facts: 17,835,628; 20,231,334
Derivation: 17,835,628 - 20,231,334
Answer: -2395706

Question: What is the change in the Exercised during the period weighted average exercise price from 2017/18 to 2018/19?
Facts: 32; 34
Derivation: 32 - 34
Answer: -2

Question: What is the change in options granted between 2017/18 and 2018/19?
Facts: 4,988,669; 5,022,240
Derivation: 5,022,240 - 4,988,669
Answer: 33571

Question: What was the property payment within between 2 and 5 years in 2019?
Facts: 6.3
Answer: 6.3 million

Question: What was the total property payment in 2019?
Facts: 14.1
Answer: 14.1 million

Question: What was the property payment within one year in 2019?
Facts: 1.8
Answer: 1.8 million

Question: What was the change in the property payment within one year from 2018 to 2019?
Facts: 1.8; 2.5
Derivation: 1.8 - 2.5
Answer: -0.7 million

Question: What is the average plant and equipment payment due between 2 and 5 years in 2018 and 2019?
Facts: 1.9; 2.4
Derivation: (2.4 + 1.9) / 2
Answer: 2.15 million

Question: What is the change in the total property payment due from 2018 to 2019?
Facts: 14.1; 17.2
Derivation: 14.1 - 17.2
Answer: -3.1 million

Question: What was the operating profit in the year 2018/19 and 2017/18?
Facts: £4.5m; £69.3m
Answer: £4.5m; £69.3m

Question: What is the adjusted EBITDA in 2018/19?
Facts: 145.5
Answer: 145.5 million

Question: What led to Amortisation of intangibles being £1.9m lower than 2017/18?
Facts: due to certain SAP software modules becoming fully amortised in the year.
Answer: due to certain SAP software modules becoming fully amortised in the year.

Question: What is the change in Adjusted EBITDA from 2018/19 to 2017/18?
Facts: 139.6; 145.5
Derivation: 145.5-139.6
Answer: 5.9 million

Question: What is the change in Depreciation from 2018/19 to 2017/18?
Facts: 16.6; 17.0
Derivation: 17.0-16.6
Answer: 0.4 million

Question: What is the change in Trading profit from 2018/19 to 2017/18?
Facts: 123.0; 128.5
Derivation: 128.5-123.0
Answer: 5.5 million

Question: How much was the growth in trading profit in the year 2018/19?
Facts: growth of £5.5m
Answer: growth of £5.5m

Question: What is the divisional contribution of grocery in 2018/19?
Facts: 138.3
Answer: 138.3 million

Question: What is the divisional contribution of grocery in 2017/18?
Facts: 130.0
Answer: 130.0 million

Question: What is the change in Divisional contribution of Grocery from 2018/19 to 2017/18?
Facts: 130.0; 138.3
Derivation: 138.3-130.0
Answer: 8.3 million

Question: What is the change in Divisional contribution of Sweet Treats from 2018/19 to 2017/18?
Facts: 23.6; 25.8
Derivation: 23.6-25.8
Answer: -2.2 million

Question: What is the change in Group & corporate costs from 2018/19 to 2017/18?
Facts: 32.8; 33.4
Derivation: 33.4-32.8
Answer: 0.6 million

Question: What was the discount rate used for smaller overseas schemes in 2018/19?
Facts: 1.50%
Answer: 1.50%

Question: What was the discount rate at 30 March 2019 based on?
Facts: a bond yield curve expanded to also include bonds rated AA by one credit agency (and which might for example be rated A or AAA by other agencies).
Answer: a bond yield curve expanded to also include bonds rated AA by one credit agency (and which might for example be rated A or AAA by other agencies).

Question: What was the discount rate at 30 March 2019 for premier schemes?
Facts: 2.45
Answer: 2.45 percent

Question: What is the change in the premier schemes discount rate from 2018 to 2019?
Facts: 2.45; 2.70
Derivation: 2.45% - 2.70%
Answer: -0.25 percent

Question: What is the average inflation RPI for premier schemes?
Facts: 2; 3.15; 3.25
Derivation: (3.25% + 3.15%) / 2
Answer: 3.2 percent

Question: What is the change in the inflation - CPI for RHm schemes from 2018 to 2019?
Facts: 2.05; 2.15
Derivation: 2.15% - 2.05%
Answer: 0.1 percent

Question: What was the increase in the assets in the combined schemes in 2019?
Facts: £177.1m
Answer: £177.1m

Question: What was the increase in the liabilities in the combined schemes in 2019?
Facts: £121.0m
Answer: £121.0m

Question: What was the net present value of future-deficit payments?
Facts: £300–320m
Answer: £300–320m

Question: What was the change in equities from 2018 to 2019?
Facts: 179.5; 296.5
Derivation: 179.5 - 296.5
Answer: -117 million

Question: What was the average government bonds for 2018 and 2019?
Facts: 1,046.4; 1,490.4
Derivation: (1,490.4 + 1,046.4) / 2
Answer: 1268.4 million

Question: What was the change in the corporate bonds from 2018 to 2019?
Facts: 20.7; 26.9
Derivation: 26.9 - 20.7
Answer: 6.2 million

Question: What was the equity shareholding of Nissin Food Holdings Co., Ltd. in Premier Foods plc in 2019?
Facts: 19.47%
Answer: 19.47%

Question: What was the total trade receivables in 2019?
Facts: £0.9m
Answer: £0.9m

Question: What was the hovis sale of goods in 2019?
Facts: 0.3
Answer: 0.3 million

Question: What was the change in hovis sale of goods from 2018 to 2019?
Facts: 0.3
Derivation: 0.3 - 0.3
Answer: 0 million

Question: What is the average hovis sale of services for 2018 and 2019?
Facts: 0.7
Derivation: (0.7 + 0.7) / 2
Answer: 0.7 million

Question: What is the average hovis purchase of goods for 2018 and 2019?
Facts: 11.9; 6.3
Derivation: (6.3 + 11.9) / 2
Answer: 9.1 million

Question: What was the tax credit amount in the current year?
Facts: £8.9m
Answer: £8.9m

Question: What was the deferred tax liability at 30 March 2019?
Facts: £13.5m
Answer: £13.5m

Question: What was the corporation tax rate?
Facts: 19.0%
Answer: 19.0%

Question: What was the percentage change in the overseas current tax from 2017/18 to 2018/19?
Facts: 0.8; 1.1
Derivation: 1.1 / 0.8 - 1
Answer: 37.5 percent

Question: What was the average deferred tax for 2017/18 and 2018/19?
Facts: 4.1; 6.1
Derivation: (6.1 - 4.1) / 2
Answer: 1 million

Question: What was the average income tax credit / (charge) for 2017/18 and 2018/19?
Facts: 13.7; 8.9
Derivation: (8.9 - 13.7) / 2
Answer: -2.4 million