tokbokki/tatqa_dataset_filter huggingface dataset:
text: 22. JOINT VENTURES (Cont’d)
text: ‘‘NA’’ denotes Not Applicable.
text: Notes:
(1) Based on the Group’s direct equity interest in AIS.
text: (2) Others include adjustments to align the respective local accounting standards to SFRS(I).

Table:
Airtel
Telkomsel
Globe
AIS
Group - 2017
S$ Mil
S$ Mil
S$ Mil
S$ Mil
Statement of financial position
Current assets
4,378.4
3,546.3
1,481.6
1,368.4
Non-current assets
45,611.2
6,169.6
5,548.1
10,027.2
Current liabilities
(13,568.3)
(2,547.9)
(2,344.3)
(2,994.1)
Non-current liabilities
(20,676.7)
(886.5)
(2,909.5)
(6,816.6)
Net assets
15,744.6
6,281.5
1,775.9
1,584.9
Less: Non-controlling interests
(1,399.0)
-
0.4
(5.7)
Net assets attributable to equity holders
14,345.6
6,281.5
1,776.3
1,579.2
Proportion of the Group’s ownership
36.5%
35.0%
47.1%
23.3% (1)
Group’s share of net assets
5,230.4
2,198.5
837.4
368.2
Goodwill capitalised
1,229.0
1,403.6
381.7
293.3
Others (2)
387.6
-
(139.9)
(2.4)
Carrying amount of the investment
6,847.0
3,602.1
1,079.2
659.1
Other items
Cash and cash equivalents
348.7
2,371.9
229.1
522.0
Non-current financial liabilities excluding trade  Current financial liabilities excluding trade and other payables
(19,774.0)
(570.2)
(2,658.7)
(3,690.1)
Current financial liabilities excluding trade and other payables
(3,884.7)
(76.6)
(353.6)
(187.4)
Group's share of market value
10,995.3
NA
3,544.1
5,013.9

Questions:
question: Which is the largest joint venture of Singtel, in terms of the proportion of Group's ownership?
answer: Globe
derivation: 47.1 > 36.5 > 35.0 > 23.3
question: Which is the largest joint venture of Singtel, in terms of the carrying amount of investment?
answer: Airtel
derivation: 6,847.0 > 3,602.1 > 1,079.2 > 659.1
question: For the joint venture with Airtel, what is the financial impact of the non-controlling interests on the group's share of net assets?
answer: 510.63
derivation: 1,399.0 * 36.5%
scale: million
text: 13. Net Loss Per Share
text: Basic net loss per share is computed using the weighted average number of shares of common stock outstanding for the period, excluding stock options and restricted stock units. Diluted net loss per share is based upon the weighted average number of shares of common stock outstanding for the period and potentially dilutive common shares, including the effect of stock options and restricted stock units under the treasury stock method. The following table sets forth the computation of the numerators and denominators used in the basic and diluted net loss per share amounts:
text: (1) The effect of dilutive securities of 3.1 million, 4.5 million, and 4.6 million shares for the fiscal years ended January 31, 2019, 2018, and 2017, respectively, have been excluded from the calculation of diluted net loss per share as those shares would have been anti-dilutive due to the net loss incurred during those fiscal years.
text: The computation of diluted net loss per share does not include shares that are anti-dilutive under the treasury stock method because their exercise prices are higher than the average market value of Autodesk’s stock during the fiscal year. The effect of 0.5 million, 0.5 million, and 0.1 million potentially anti-dilutive shares were excluded from the computation of net loss per share for the fiscal years ended January 31, 2019, 2018, and 2017, respectively.

Table:
Fiscal Year Ended January 31,
2019
2018
2017
Numerator:
Net loss
$(80.8)
$(566.9)
$(582.1)
Denominator:
Denominator for basic net loss per share—weighted average shares
218.9
219.5
222.7
Effect of dilutive securities (1)
—
—
—
Denominator for dilutive net loss per share
218.9
219.5
222.7
Basic net loss per share
$(0.37)
$(2.58)
$(2.61)
Diluted net loss per share
$(0.37)
$(2.58)
$(2.61)

Questions:
question: What is the basic net loss per share in 2017?
answer: $(2.61)
question: What is the change in the basic net loss per share from 2018 to 2019?
answer: 2.21
derivation: 2.58-0.37
question: What is the change in the numerator net loss from 2018 to 2019?
answer: 486.1
derivation: 566.9-80.8
scale: million
question: How much was the average basic net loss per share from 2017 to 2019?
answer: 1.85
derivation: (0.37+2.58+2.61)/3
text: Reconciliations between the amounts computed by applying the U.S. federal statutory tax rate to loss before income taxes, and income tax expense (benefit) follows (in thousands):
text: We determined no material liabilities related to uncertain income tax positions existed as of December 31, 2019 or 2018, based on our analysis of tax positions taken on income tax returns filed. Although we believe the amounts reflected in our tax returns substantially comply with applicable U.S. federal, state, and foreign tax regulations, the respective taxing authorities may take contrary positions based on their interpretation of the law. A tax position successfully challenged by a taxing authority could result in an adjustment to our provision or benefit for income taxes in the period in which a final determination is made.

Table:
Year Ended December 31
2019
2018
Income tax benefit at federal statutory rate
$(2,928)
$(1,692)
Increase (decrease) resulting from:
State tax benefit, net of federal tax effect
(437)
(184)
Effect of change in state tax rate
(26)
146
Change in valuation allowance
3,341
(8,474)
Expirations of net operating losses and application of IRC 382 limitation
7
9,939
Adjustments to deferreds
(29)
321
Other
72
(11)
Income tax expense
$          -
$           45

Questions:
text: The following table provides a reconciliation of EBITDA and Adjusted EBITDA to net loss, the most directly comparable financial measure presented in accordance with U.S. GAAP:
text: (a) Represents new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements. The expense enhances the overall marketing spend to support our growing distribution network.
text: (b) Represents additional operating costs incurred in connection with the start-up of our new manufacturing lines as part of the Freshpet Kitchens expansion project in 2016 that included adding two additional product lines.
text: (c) Represents the change of fair value for the outstanding common stock warrants. All outstanding warrants were converted to common stock in September 2017.
text: (d) Represents fees associated with secondary public offerings of our common stock
text: (e) Represents charges associated with our former Chief Executive Officer’s separation agreement as well as changes in estimates associated with leadership transition costs.
text: (f) Represents fees associated with two securities lawsuits

Table:
Twelve Months Ended December 31,
2019
2018
2017
2016
2015
(Dollars in thousands)
Net loss
$(1,383)
$(5,361)
$(4,262)
$(3,161)
$(3,711)
Depreciation and amortization
15,921
14,068
12,692
9,887
7,574
Interest expense
991
296
910
698
455
Income tax expense
144
77
75
66
58
EBITDA
$15,673
$9,080
$9,414
$7,490
$4,376
Loss on disposal of equipment
787
142
104
190
94
Non-cash share-based compensation
7,834
6,808
4,438
4,193
3,924
Launch expense (a)
4,563
3,540
3,066
2,813
2,626
Plant start-up expenses (b)
—
—
—
1,628
—
Warrant fair valuation (c)
—
—
335
49
(503)
Secondary offering expenses (d)
302
362
—
—
593
Leadership transition expenses (e)
—
—
63
1,291
—
Litigation expense (f)
—
348
145
—
—
Adjusted EBITDA
$29,159
$20,280
$17,565
$17,654
$11,110
Adjusted EBITDA as a % of Net Sales
11.9%
10.5%
11.5%
13.6%
9.8%

Questions:
question: What financial items does EBITDA consist of as shown in the table?
answer: Net loss
Depreciation and amortization
Interest expense
Income tax expense
question: What is the Adjusted EBITDA for each of the financial year ends shown in the table (in chronological order) respectively?
answer: $11,110
$17,654
$17,565
$20,280
$29,159
scale: thousand
question: What was the EBITDA for each of the financial years ends listed shown in the table (in chronological order) respectively?
answer: $4,376
$7,490
$9,414
$9,080
$15,673
scale: thousand
question: What was the average EBITDA for 2018 and 2019?
answer: 12376.5
derivation: (15,673+9,080)/2
scale: thousand
question: What was the average adjusted EBITDA for 2018 and 2019?
answer: 24719.5
derivation: (29,159+20,280)/2
scale: thousand
question: What is the difference between average EBITDA and average adjusted EBITDA for 2018 and 2019?
answer: 12343
derivation: [(29,159+20,280)/2] - [(15,673+9,080)/2]
scale: thousand
text: Exposures The maximum credit risk exposure of the group’s financial assets at the balance sheet date is as follows:
text: The carrying amount excludes £445m (2017/18: £317m, 2016/17: £360m) of non-current trade and other receivables which relate to non-financial assets, and £1,456m (2017/18: £1,496m, 2016/17: £1,106m) of prepayments, deferred contract costs and other receivables.

Table:
Notes
2019
2018
2017
At 31 March Notes
£m
£m
£m
Derivative financial assets
1,592
1,509
2,246
Investments
23
3,268
3,075
1,564
Trade and other receivables a
17
1,766
2,518
2,729
Contract assets
6
1,602
–
–
Cash and cash equivalents
24
1,666
528
528
9,894
7,630
7,067

Questions:
question: What was the Derivative financial assets in 2019, 2018 and 2017?
answer: 1,592
1,509
2,246
scale: million
question: What is theCash and cash equivalents for 2017, 2018 and 2019 respectively?
answer: 528
528
1,666
scale: million
question: What is the change in the Derivative financial assets from 2018 to 2019?
answer: 83
derivation: 1,592 - 1,509
scale: million
question: What is the average investments for 2017 to 2019?
answer: 2635.67
derivation: (3,268 + 3,075 + 1,564) / 3
scale: million
question: In which year(s) was trade and other receivables less than 2,000 million?
answer: 2019
derivation: locate and analyze trade and other receivables in row 5
text: Realization of net operating loss carryforwards and other deferred tax temporary differences are contingent upon future taxable earnings. The Company’s deferred tax assets were reviewed for expected utilization by assessing the available positive and negative factors surrounding their recoverability.
text: As of September 30, 2018, the Company’s remaining valuation allowance of approximately $105,000 related to state net operating loss carry forwards. During the fourth quarter of 2019, the Company reversed approximately $58,000 of its valuation allowance. This consisted of decreasing the valuation allowance for the expiration and utilization of state net operating losses in 2019 of approximately $68,000 and increasing the valuation allowance by approximately $10,000 for future expected NOL utilization based on updated profitability estimates and changes to the loss utilization rules. The remaining valuation allowance balance as of September 30, 2019 of approximately $47,000 relates entirely to state net operating loss carry forwards we do not expect to utilize. The Company will continue to assess the assumptions used to determine the amount of our valuation allowance and may adjust the valuation allowance in future periods based on changes in assumptions of estimated future income and other factors. If the valuation allowance is reduced, we would record an income tax benefit in the period the valuation allowance is reduced. If the valuation allowance is increased, we would record additional income tax expense.
text: Significant components of deferred income tax assets and liabilities are as follows at:

Table:
September 30, 2019
September 30, 2018
Deferred income tax assets (liabilities):
Intangibles
$(75,190)
$(70,467)
Property and equipment depreciation
(521,586)
(552,119)
Net operating loss carry forwards and credits
377,505
464,274
Stock-based compensation
114,118
151,558
Inventories
350,197
400,111
Prepaid expenses
(63,252)
(60,806)
Accrued expenses and reserves
371,414
250,787
Goodwill
(607,882)
(583,415)
Gross deferred tax liability
(54,676)
(77)
Valuation allowance
(47,014)
(104,858)
Net deferred tax liability
$(101,690)
$(104,935)

Questions:
question: What is the gross deferred tax liability as of September 30, 2018?
answer: 77
question: What is the percentage change in the net operating loss carry forwards and credits from 2018 to 2019?
answer: -18.69
derivation: (377,505-464,274)/464,274
scale: percent
question: What is the percentage change in gross deferred tax liability from 2018 to 2019?
answer: 70907.79
derivation: (54,676-77)/77
scale: percent
question: What is the percentage change in the net deferred tax liability from 2018 to 2019?
answer: -3.09
derivation: (101,690-104,935)/104,935
scale: percent
text: (c) Summary of Share-Based Compensation Expense
text: Share-based compensation expense consists primarily of expenses for stock options, stock purchase rights, restricted stock, and RSUs granted to employees. The following table summarizes share-based compensation expense (in millions):
text: As of July 27, 2019, the total compensation cost related to unvested share-based awards not yet recognized was $3.3 billion, which is expected to be recognized over approximately 2.8 years on a weighted-average basis.

Table:
Years Ended
July 27, 2019
July 28, 2018
July 29, 2017
Cost of sales—product
$90
$94
$85
Cost of sales—service
130
133
134
Share-based compensation expense in cost of sales .
220
227
219
Research and development .
540
538
529
Sales and marketing
519
555
542
General and administrative
250
246
236
Restructuring and other charges
62
33
3
Share-based compensation expense in operating expenses
1,371
1,372
1,310
Total share-based compensation expense
$1,591
$1,599
$1,529
Income tax benefit for share-based compensation .
$542
$558
$451

Questions:
text: Investing Cash Flow Activities
text: Year Ended December 31, 2019 Compared with the Year Ended December 31, 2018
text: Net cash used in investing activities – continuing operations during the year ended December 31, 2019 resulted from the absence of the sale of businesses compared to prior year. The sale of Netsmart and OneContent produced significant investing cash inflows during 2018, which was partially offset with cash paid for the acquisitions of Practice Fusion and Health Grid. Capital expenditures also decreased in 2019 compared with prior year.
text: Year Ended December 31, 2018 Compared with the Year Ended December 31, 2017
text: We had cash inflows from investing activities – continuing operations during the year ended December 31, 2018 compared with cash outflows from investing activities – continuing operations during the year ended December 31, 2017, which was primarily driven by cash proceeds of $567 million from the sale of our investment in Netsmart and $241 million of net cash proceeds from the divestiture of the OneContent business during 2018.
text: Cash used in investing activities also included the purchase of Practice Fusion and Health Grid, which were mostly offset by lower overall capital expenditures during 2018.
text: Net cash used in investing activities – discontinued operations increased during the year ended December 31, 2018 compared with the prior year, primarily due to larger business acquisitions completed by Netsmart during 2018.

Table:
Year Ended December 31,
(In thousands)
2019
2018
2017
2019 $ Change from 2018
2018 $ Change from 2017
Capital expenditures
$(16,600)
$(31,309)
$(38,759)
$14,709
$7,450
Capitalized software
(113,836)
(113,308)
(118,241)
(528)
4,933
Cash paid for business acquisitions, net of cash acquired
(23,443)
(177,233)
(169,823)
153,790
(7,410)
Cash received from sale of businesses, net
0
807,764
0
(807,764)
807,764
Purchases of equity securities, other investments and related intangible assets, net
(7,191)
(16,934)
(5,606)
9,743
(11,328)
Other proceeds from investing activities
14
54
215
(40)
(161)
Net cash (used in) provided by investing activities - continuing operations
(161,056)
469,034
(332,214)
(630,090)
801,248
Net cash used in investing activities - discontinued operations
0
(221,021)
(80,758)
221,021
(140,263)
Net cash (used in) provided by investing activities
$(161,056)
$248,013
$(412,972)
$(409,069)
$660,985

Questions:
question: What is the average Capital expenditures, for the year 2019 to 2018?
answer: -23954.5
derivation: -(16,600+31,309) / 2
scale: thousand
question: What is the average Capitalized software, for the year 2019 to 2018?
answer: -113572
derivation: -(113,836+113,308) / 2
scale: thousand
question: What is the average Cash paid for business acquisitions, net of cash acquired, for the year 2019 to 2018?
answer: -100338
derivation: -(23,443+177,233) / 2
scale: thousand
text: Statement of financial position
text: Net assets have decreased to $157,164,000 at 30 June 2019 from $163,937,000 at 30 June 2018.
text: Current assets have decreased from 30 June 2018 by 18% to $75,460,000. This is driven by a reduction in cash assets, a result of continued investment in technology and further investment in iMoney. The current component of the trail commission asset is $25,626,000, which increased by 16% since 30 June 2018.
text: Non-current assets have increased from 30 June 2018 by 2% to $150,607,000 which is largely due to higher non-current trail commission asset partially offset by capital asset writeoffs and Home Loans Goodwill impairment. The non-current component of the trail commission asset is $88,452,000 which increased by 9% since 30 June 2018, mainly due to sales volume and partner mix.
text: Current liabilities decreased from 30 June 2018 to 30 June 2019 by 20% to $34,555,000 primarily due to payments to suppliers in addition to trade related payable balances post 30 June 2018.
text: Non-current liabilities have increased by 9% ending on $34,348,000. This relates to an increase in lease liabilities and deferred tax liabilities.

Table:
FINANCIAL PERFORMANCE SUMMARY
2019  $’000
2018  $’000 RESTATED
CHANGE
Current assets
75,460
91,457
(18%)
Non-current assets
150,607
147,234
2%
Total assets
226,067
238,691
(5%)
Current liabilities
34,555
43,336
(20%)
Non-current liabilities
34,348
31,418
9%
Total liabilities
68,903
74,754
(8%)
Net assets
157,164
163,937
(4%)
Equity
157,164
163,937
(4%)

Questions:
question: What is the current ratio in 2019?
answer: 2.18
derivation: 75,460/34,555
question: What is the debts to assets ratio in 2019?
answer: 0.3
derivation: 68,903/226,067
question: What is the percentage change in the net assets from 2018 to 2019?
answer: -4.13
derivation: (157,164-163,937)/163,937
scale: percent
text: ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (United States Dollars in thousands, except per share data and unless otherwise indicated)
text: Contractual Obligations
text: Our principal commitments consisted of obligations under our outstanding term loan and operating leases for office facilities. The following table summarizes our commitments to settle contractual obligations in cash as of December 31, 2019.
text: (1) The principal balance of the term loan is repaid on a quarterly basis at an amortization rate of 0.25% per quarter, with the balance due at maturity
text: (2) Variable interest payments on our term loan are calculated based on the interest rate as of December 31, 2019 and the scheduled maturity of the underlying term loan.
text: (3) Amounts presented reflect a quarterly commitment fee rate of 0.375% per annum, and assume that the entire $100 million revolving loan facility is unused (the conditions that existed as of period end) for the duration of the agreement, which matures on March 29, 2023.
text: (4) Our operating leases are for office space. Certain of these leases contain provisions for rent escalations and/or lease concessions. Rental payments, as well as any step rent provisions specified in the lease agreements, are aggregated and charged evenly to expense over the lease term. However, amounts included herein do not reflect this accounting treatment, as they represent the future contractual lease cash obligations.
text: The payments that we may be required to make under the TRA to the TRA Parties may be significant and are not reflected in the contractual obligations table set forth above. Refer to Part I, Item 1A "Risk Factors–Risks Related to Our Organizational Structure" and to Note 13 to the Notes to Consolidated Financial Statements in Item 8 for additional detail.
text: The payments that we may be required to make under the TRA to the TRA Parties may be significant and are not reflected in the contractual obligations table set forth above. Refer to Part I, Item 1A "Risk Factors–Risks Related to Our Organizational Structure" and to Note 13 to the Notes to Consolidated Financial Statements in Item 8 for additional detail.

Table:
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
Term loan(1)
$393,000
$4,000
$8,000
$8,000
$373,000
Interest payments on term loan(2)
100,382
19,575
38,550
37,750
4,507
Revolving loan facility fees(3)
1,310
375
750
185
—
Operating leases(4)
15,398
4,491
8,596
2,311
—
Total contractual obligations
$510,090
$28,441
$55,896
$48,246
$377,507

Questions:
text: EBITDA: TORM defines EBITDA as earnings before financial income and expenses, depreciation, impairment, amortization and taxes. The computation of EBITDA refers to financial income and expenses which the Company deems to be equivalent to “interest” for purposes of presenting EBITDA. Financial expenses consist of interest on borrowings, losses on foreign exchange transactions and bank charges. Financial income consists of interest income and gains on foreign exchange transactions.
text: EBITDA is used as a supplemental financial measure by Management and external users of financial statements, such as lenders, to assess TORM's operating performance as well as compliance with the financial covenants and restrictions contained in the Company's financing agreements. TORM believes that EBITDA assists Management and investors by increasing comparability of the Company's performance from period to period. This increased comparability is achieved by excluding the potentially disparate effects of interest, depreciation, impairment, amortization and taxes. These are items that could be affected by various changing financing methods and capital structure and which may significantly affect profit/(loss) between periods. Including EBITDA as a measure benefits investors in selecting between investment alternatives.
text: EBITDA excludes some, but not all, items that affect profit/(loss), and these measures may vary among other companies and not be directly comparable. The following table reconciles EBITDA to net profit/ (loss), the most directly comparable IFRS financial measure, for the periods presented:

Table:
USDm
2019
2018
2017
Reconciliation to net profit/(loss)
Net profit/(loss) for the year
166.0
-34.8
2.4
Tax
0.8
1.6
0.8
Financial expenses
41.9
39.3
40.6
Financial income
-2.8
-3.3
-4.3
Depreciation
110.1
114.5
114.5
Impairment (reversal)/losses on tangible assets
-114.0
3.2
3.6
EBITDA
202.0
120.5
157.6

Questions:
question: In which year was the amount of Financial expenses the largest?
answer: 2019
derivation: 41.9>40.6>39.3
question: What was the change in EBITDA in 2019 from 2018?
answer: 81.5
derivation: 202.0-120.5
scale: million
question: What was the percentage change in EBITDA in 2019 from 2018?
answer: 67.63
derivation: (202.0-120.5)/120.5
scale: percent