tokbokki/tatqa_dataset_filter huggingface dataset:
text: DEBT DERIVATIVES
text: We use cross-currency interest rate agreements (debt derivatives) to manage risks from fluctuations in foreign exchange rates associated with our US dollar-denominated senior notes and debentures, lease liabilities, credit facility borrowings, and US CP borrowings. We designate the debt derivatives related to our senior notes and debentures and lease liabilities as hedges for accounting purposes against the foreign exchange risk associated with specific debt instruments. Debt derivatives related to our credit facility and US CP borrowings have not been designated as hedges for accounting purposes.
text: 1 Converting from a fixed US$ coupon rate to a weighted average Cdn$ fixed rate.
text: Settlement of debt derivatives related to senior notes We did not settle any debt derivatives related to senior notes during 2019.
text: In April 2018, we settled the debt derivatives related to the repayment of the entire outstanding principal amount of our US$1.4 billion ($1.8 billion) 6.8% senior notes otherwise due in August 2018. See “Sources and Uses of Cash” for more information.

Table:
US$
Hedging effect
(In millions of dollars, except interest rates) Effective date
Principal/ Notional amount (US$)
Maturity date
Coupon rate
Fixed hedged (Cdn$) interest rate 1
Equivalent (Cdn$)
2019 issuances
April 30, 2019
1,250
2049
4.350%
4.173%
1,676
November 12, 2019
1,000
2049
3.700%
3.996%
1,308
2018 issuances
February 8, 2018
750
2048
4.300%
4.193%
938

Questions:
question: What was the hedge interest rate in April 30, 2019?
answer: 4.173%
question: What was the increase / (decrease) in the coupon rate from November 12, 2019 to April 30, 2019?
answer: -0.18
derivation: 3.996% - 4.173%
scale: percent
question: What was the increase / (decrease) in the Equivalent (Cdn$) between 2018 and November 2019?
answer: 370
derivation: 1,308 - 938
scale: million
question: What was the average Principal/ Notional amount in 2019?
answer: 1125
derivation: (1,250 + 1,000) / 2
scale: million
text: The Company’s contractual obligations as of December 31, 2019, consist of our obligations as borrower under our 2019 Senior Secured Credit Facility, our obligations related to financing of our three 2018 Newbuildings.
text: The following table sets out financial, commercial and other obligations outstanding as of December 31, 2019.
text: Notes:
text: (1) Refers to obligation to repay indebtedness outstanding as of December 31, 2019.
text: (2) Refers to estimated interest payments over the term of the indebtedness outstanding as of December 31, 2019. Estimate based on applicable interest rate and drawn amount as of December 31, 2019.
text: (3) Refers to obligation to repay indebtedness outstanding as of December 31, 2019 for three 2018 Newbuildings.
text: (4) Refers to estimated interest payments over the term of the indebtedness outstanding as of December 31, 2019. Estimate based on applicable interest as of December 31, 2019 for the financing of the three 2018 Newbuildings.
text: (5) Refers to the future obligation as of December 31, 2019 to pay for operating lease liabilities at nominal values.
text: *The new five-year senior secured credit facility for $306.1 million is amortizing with a twenty-year maturity profile, carries a floating LIBOR interest rate plus a margin and matures in February 2024. Further, the agreement contains a discretionary excess cash amortization mechanism for the lender that equals 50% of the net earnings from the collateral vessels, less capex provision and fixed amortization.

Table:
Contractual Obligations in $’000s 
Total  
Less than 1 year  
1-3 years  
3-5 years  
More than 5 years
Senior Secured Credit Facility (1)*
291,798
18,749
30,610
242,439
-
Interest Payments (2)
82,255
21,690
39,624
20,941
-
Financing of 2018 Newbuildings (3)
119,867
7,630
16,287
17,849
78,101
Interest Payments 2018 Newbuildings (4)
47,517
7,674
13,739
11,526
14,578
Operating Lease Liabilities (5)  
1,937
500
638
587
212
Total  
543,374
56,243
100,898
293,342
92,891

Questions:
question: What is the average total Senior Secured Credit Facility and Interest Payments?
answer: 187026.5
derivation: (291,798 + 82,255)/2 
scale: thousand
question: What is the average total Interest Payments and Financing of 2018 Newbuildings?
answer: 101061
derivation: (82,255 + 119,867)/2 
scale: thousand
question: What is the total average Financing of 2018 Newbuildings and Interest Payments 2018 Newbuildings?
answer: 83692
derivation: (119,867 + 47,517)/2 
scale: thousand
text: The majority of the Company's revenues are generated from U.S. government contracts, either as a prime contractor or as a subcontractor to other contractors. Revenues from the U.S. government can be adversely impacted by spending caps or changes in budgetary priorities of the U.S. government, as well as delays in program start dates or the award of a contract.
text: Disaggregated revenues by contract-type were as follows:

Table:
Year Ended January 3, 2020
Defense Solutions
Civil
Health
Total
(in millions)
Cost-reimbursement and fixed-price-incentive-fee
$3,697
$1,997
$234
$5,928
Firm-fixed-price
1,203
1,075
1,296
3,574
Time-and-materials and fixed-price-level-of-effort
466
564
444
1,474
Total
$5,366
$3,636
$1,974
$10,976

Questions:
question: What was the Cost-reimbursement and fixed-price-incentive-fee in Defense Solutions, Civil and Health respectively?
answer: $3,697
$1,997
$234
scale: million
question: What was the total Firm-fixed-price?
answer: 3,574
scale: million
question: In which category was Cost-reimbursement and fixed-price-incentive-fee more than 1,000 million?
answer: Defense Solutions
Civil
derivation: locate and analyze Cost-reimbursement and fixed-price-incentive-fee in row 5
question: What was the difference in the Cost-reimbursement and fixed-price-incentive-fee between Civil and Health?
answer: 1763
derivation: 1,997 - 234
scale: million
question: What was the average Firm-fixed-price under Solutions, Civil and Health?
answer: 1191.33
derivation: (1,203 + 1,075 + 1,296) / 3
scale: million
text: Net finance cost was £47.2m for the year; a decrease of £1.2m on 2017/18. Net regular interest in the year was £40.5m, a decrease of £3.9m compared to the prior year. Consistent with recent years, the largest component of finance costs in the year was interest due to holders of the Group’s senior secured notes, which was £31.7m.
text: The interest on the senior secured notes was £0.5m lower compared to the prior year following the re-financing of the June 2021 £325m fixed rate notes at a coupon of 6.5% to the October 2023 £300m fixed rate notes to the slightly lower coupon of 6.25%. Bank debt interest of £5.1m was £2.1m lower in the year due to lower levels of average debt and a lower margin on the revolving credit facility following the refinancing completed in May 2018. Amortisation of debt issuance costs was £3.7m, £1.3m lower than the prior year due to lower transaction costs associated with the issue of the £300m 6.25% Fixed rate notes compared with the retired £325m 6.5% Fixed rate notes.
text: Write-off of financing costs and early redemption fees of £11.3m include a £5.7m fee related to the write-off of transaction costs associated with the senior secured fixed rate notes due March 2021, which were repaid during the year, and a £5.6m redemption fee associated with the early call of the March 2021 bond.
text: In the prior year, a £0.4m discount unwind credit relating to long-term property provisions held by the Group due to an increase in gilt yields was reflected in reported Net finance cost. In 2018/19, a discount unwind charge of £3.0m was included in the Net finance cost of £47.2m. Other interest income of £7.6m in the year relates to monies received from the Group’s associate Hovis Holdings Limited ('Hovis') and reflects the reversal of a previous impairment.

Table:
£m
2018/19
2017/18
Change
Senior secured notes interest
31.7
32.2
0.5
Bank debt interest
5.1
7.2
2.1
36.8
39.4
2.6
Amortisation of debt issuance costs
3.7
5.0
1.3
Net regular interest5
40.5
44.4
3.9
Fair value movements on interest rate financial instruments
–
(0.4)
(0.4)
Write-off of financing costs and early redemption fees
11.3
4.0
(7.3)
Discount unwind
3.0
(0.4)
(3.4)
Other finance income
(7.6)
–
7.6
Other interest cost
–
0.8
0.8
Net finance cost
47.2
48.4
1.2

Questions:
question: What was the Net finance cost in 2017/18?
answer: 48.4
scale: million
question: What is the average Senior secured notes interest, for the year 2018/19 to 2017/18?
answer: 31.95
derivation: (31.7+32.2) / 2
scale: million
question: What is the average Bank debt interest, for the year 2018/19 to 2017/18?
answer: 6.15
derivation: (5.1+7.2) / 2
scale: million
question: What is the average Net regular interest, for the year 2018/19 to 2017/18?
answer: 42.45
derivation: (40.5+44.4) / 2
scale: million
text: Other Operating (Income) Expense, Net
text: Restructure and asset impairments primarily relate to our continued emphasis to centralize certain key functions. In addition, in 2019, we finalized the sale of our 200mm fabrication facility in Singapore and recognized restructure gains of $128 million. In 2017, we recognized net restructure gains of $15 million related to the sale of our Lexar assets; our assets associated with our 200mm fabrication facility in Singapore; and our 40% ownership interest in Tera Probe, Inc and assembly and test facility located in Akita, Japan.

Table:
For the year ended
2019
2018
2017
(Gain) loss on disposition of property, plant, and equipment
$43
$(96)
$(22)
Restructure and asset impairments
(29)
28
18
Other
35
11
5
$49
$(57)
$1

Questions:
question: What is the percentage change of other operating (income) expenses for restructure and asset impairments between 2017 and 2018?
answer: 55.56
derivation: (28-18)/18 
scale: percent
question: What is the ratio of other operating expenses in 2019 to 2017?
answer: 7
derivation: 35/5
text: Note 26. Other Income (Expense)
text: Other income (expense), net consisted of the following (in thousands):

Table:
Years Ended December 31,
2019
2018
2017
Foreign currency transaction gains(losses)
$(1,262)
$2,029
$(548)
Gains (losses) on derivative instruments not designated as hedges
(674)
(1,751)
143
Net investment gains (losses) on investments held in rabbi trust
2,379
(867)
1,619
Other miscellaneous income (expense)
(857)
(1,659)
44
$(414)
$(2,248)
$1,258

Questions:
question: What was the overall percentage change in Net investment gains  on investments held in rabbi trust in 2019 from 2017?
answer: 46.94
derivation: (2,379-1,619)/1,619
scale: percent
text: 8. Goodwill
text: The changes in the carrying amount of goodwill by operating segment are as follows (amounts in millions):
text: At December 31, 2019, 2018, and 2017, there were no accumulated impairment losses.

Table:
Activision
Blizzard
King
Total
Balance at December 31, 2017
$6,898
$190
$2,675
$9,763
Other
(1)
—
—
(1)
Balance at December 31, 2018
$6,897
$190
$2,675
$9,762
Other
1
—
1
2
Balance at December 31, 2019
$6,898
$190
$2,676
$9,764

Questions:
question: What is the percentage of total balance in 2018 that consists of balance by King?
answer: 27.4
derivation: $2,675/$9,762
scale: percent
text: NOTE 9 – FINANCIAL ITEMS
text: ¹⁾ Interest for financial assets and liabilities not at fair value through profit and loss.

Table:
USDm
2019
2018
2017
Financial income
Interest income from cash and cash equivalents, including restricted cash ¹⁾
2.5
2.7
1.6
Exchange rate adjustments, including gain from forward exchange rate contracts
0.3
0.6
2.7
Total
2.8
3.3
4.3
Financial expenses
Interest expenses on mortgage and bank debt ¹⁾
39.3
35.7
33.3
Exchange rate adjustments, including loss from forward exchange rate contracts
0.2
0.1
3.2
Commitment fee
1.9
2.6
2.4
Other financial expenses
0.5
0.9
1.7
Total
41.9
39.3
40.6
Total financial items
-39.1
-36.0
-36.3

Questions:
question: What is the total financial income for 2019?
answer: 2.8
scale: million
question: What is the amount of total financial items in 2019?
answer: -39.1
scale: million
question: In which year was the amount of financial income the smallest?
answer: 2019
derivation: 2.8<3.3<4.3
question: What was the change in total financial expenses in 2019 from 2018?
answer: 2.6
derivation: 41.9-39.3
scale: million
question: What was the percentage change in total financial expenses in 2019 from 2018?
answer: 6.62
derivation: (41.9-39.3)/39.3
scale: percent
text: For a particular tax-paying component of the Company and within a particular tax jurisdiction, all current deferred tax liabilities and assets are offset and presented as a single amount, similarly to non-current deferred tax liabilities and assets. The Company does not offset deferred tax liabilities and assets attributable to different tax-paying components or to different tax jurisdictions.
text: The net deferred tax assets are recorded in legal entities which have been historically profitable and are expected to be profitable in the next coming years.

Table:
December 31, 2019
December 31, 2018
Tax loss carryforwards and investment credits
612
603
Less unrecognized tax benefit
(21)
(20)
Tax loss carry forwards net of unrecognized tax benefit
591
583
Inventory valuation
28
28
Impairment and restructuring charges
6
14
Fixed asset depreciation in arrears
39
35
Increased depreciation incentives
213
211
Capitalized development costs
118
108
Receivables for government funding
14
11
Tax credits granted on past capital investments
1,151
1,155
Pension service costs
81
65
Stock awards
6
7
Operating lease liabilities
40
—
Commercial accruals
15
12
Other temporary differences
22
26
Total deferred tax assets
2,324
2,255
Valuation allowances
(1,534)
(1,548)
Deferred tax assets, net
790
707
Accelerated fixed asset depreciation
(20)
(16)
Acquired intangible assets
(16)
(13)
Advances of government funding
(31)
(12)
Operating lease right-of-use assets
(40)
—
Other temporary differences
(7)
(7)
Deferred tax liabilities
(114)
(48)
Net deferred income tax asset
676
659

Questions:
question: What was the tax loss carryforwards and investment credits in 2019?
answer: 612
question: What was the inventory valuation in 2019?
answer: 28
question: What is the increase/ (decrease) in Total deferred tax assets from December 31, 2018 to 2019?
answer: 69
derivation: 2,324-2,255
question: What is the increase/ (decrease) in Deferred tax liabilities from December 31, 2018 to 2019?
answer: 66
derivation: 114-48
question: What is the increase/ (decrease) in Net deferred income tax asset from December 31, 2018 to 2019?
answer: 17
derivation: 676-659
text: 6. Called up share capital
text: Accounting policies
text: Equity instruments issued by the Company are recorded at the amount of the proceeds received, net of direct issuance costs.
text: Notes: 1 At 31 March 2019 there were 50,000 (2018: 50,000) 7% cumulative fixed rate shares of £1 each in issue
text: 2 At 31 March 2019 the Group held 1,584,882,610 (2018: 2,139,038,029) treasury shares with a nominal value of €264 million (2018: €356 million). The market value of shares held was €2,566 million (2018: €4,738 million). During the year, 45,657,750 (2018: 53,026,317) treasury shares were reissued under Group share schemes. On 25 August 2017, 729,077,001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 February 2016. On 25 February 2019, 799,067,749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond. On 5 March 2019 the Group announced the placing of subordinated mandatory convertible bonds totalling £1.72 billion with a 2 year maturity date in 2021 and £1.72 billion with a 3 year maturity date due in 2022. The bonds are convertible into a total of 2,547,204,739 ordinary shares with a conversion price of £1.3505 per share. For further details see note 20 “Borrowings and capital resources” in the consolidated financial statements.
text: 3 Represents US share awards and option scheme awards.

Table:
2019
2018
Number
€m
Number
€m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2
1 April
28,814,803,308
4,796
28,814,142,848
4,796
Allotted during the year3
454,870
–
660,460
–
31 March
28,815,258,178
4,796
28,814,803,308
4,796

Questions:
question: Which financial years' information is shown in the table?
answer: 2018
2019
question: How many shares were allotted as at 31 March 2019?
answer: 28,815,258,178
question: How many shares were allotted as at 31 March 2018?
answer: 28,814,803,308
question: What is the 2019 average amount of ordinary shares as at 1 April?
answer: 28814473078
derivation: (28,814,803,308+28,814,142,848)/2
question: What is the 2019 average amount of ordinary shares as at 31 March?
answer: 28815030743
derivation: (28,815,258,178+28,814,803,308)/2
question: What is the 2019 average amount of ordinary shares allotted during the year?
answer: 557665
derivation: (454,870+660,460)/2
text: 10. Geographic information:
text: Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing the Company’s performance. The Company has one operating segment. Revenues are attributed to regions based on where the services are provided. Below are the Company’s service revenues and long lived assets by geographic region (in thousands):

Table:
Year Ended December 31, 2019 Revenues
On-net
Off-net
Non-core
Total
North America
$319,330
$131,815
$422
$451,567
Europe
72,320
16,323
53
88,696
Asia Pacific
4,615
778
—
5,393
Latin America
488
15
—
503
Total
$396,753
$148,931
$475
$546,159
Year Ended December 31, 2018 Revenues
On-net
Off-net
Non-core
Total
North America
$299,021
$128,510
$572
$428,103
Europe
72,958
15,918
62
88,938
Asia Pacific
2,562
576
—
3,138
Latin America
14
—
—
14
Total
$374,555
$145,004
$634
$520,193
Year Ended December 31, 2017 Revenues
On-net
Off-net
Non-core
Total
North America
$278,714
$122,683
$797
$402,194
Europe
66,588
14,867
41
81,496
Asia Pacific
1,143
342
—
1,485
Total
$346,445
$137,892
$838
$485,175

Questions:
text: Strategic Innovation-focused Investment of Capital
text: We target markets that have the potential for above-average growth and profit margins where domain expertise, innovation, technical competency and contracting dynamics can help to create meaningful barriers to entry. We will strategically reinvest our cash in key program captures, internal research and development (R&D), and acquisitions to target priority markets and help ensure market leading positions to drive long-term shareholder return.
text: We are committed to using innovation and technology to address our customers’ most pressing problems and demanding requirements. We have made meaningful and recognized contributions to technological advancements within our industries.
text: The cost of company-sponsored R&D activities included in our Consolidated Statements of Operations are as follows (in thousands):

Table:
Years Ended September 30,
2019
2018
2017
Company-Sponsored Research and Development Expense:
Cubic Transportation Systems
$  10,948
$  13,394
$  26,308
Cubic Mission Solutions
27,111
22,745
11,949
Cubic Global Defense
10,573
16,259
14,395
Unallocated corporate expenses
1,500
—
—
Total company-sponsored research and development expense
$  50,132
$  52,398
$  52,652

Questions:
question: What is the percentage change in Cubic Mission Solutions in 2019 from 2018?
answer: 19.2
derivation: (27,111-22,745)/22,745
scale: percent
text: Under Article 35 of our Articles of Association, our financial year extends from January 1 to December 31, which is the period end of each fiscal year. In 2019, the first quarter ended on March 30, the second quarter ended on June 29, the third quarter ended on September 28 and the fourth quarter ended on December 31.
text: In 2020, the first quarter will end on March 28, the second quarter will end on June 27, the third quarter will end on September 26 and the fourth quarter will end on December 31.
text: Based on our fiscal calendar, the distribution of our revenues and expenses by quarter may be unbalanced due to a different number of days in the various quarters of the fiscal year and can also differ from equivalent prior years’ periods, as illustrated in the below table for the years 2018, 2019 and 2020.

Table:
Q1
Q2
Q3
Q4
Days
Days
Days
Days
2018
90
91
91
93
2019
89
91
91
94
2020
88
91
91
96

Questions:
question: What are the average days in Q1?
answer: 89
derivation: (90+89+88)/ 3
question: What is the increase/ (decrease) in Q1 days from 2018 to 2020?
answer: -2
derivation: 88-90
question: What is the increase/ (decrease) in Q4 days from 2018 to 2020?
answer: 3
derivation: 96-93
text: Deferred Revenue
text: The opening balances of current and long-term deferred revenue were $30,694 and $1,352, respectively, as of January 1, 2018.
text: Expressed in US $000's except share and per share amounts

Table:
Years ended
December 31, 2019
December 31, 2018
$
$
Current portion
56,691
39,180
Long term portion
5,969
1,881
62,660
41,061

Questions:
question: What is the current portion of deferred revenue in 2019?
answer: 56,691
scale: thousand
text: Derivative Instruments
text: Derivative Instruments with Hedge Accounting Designation
text: We utilize currency forward contracts that generally mature within 12 months to hedge our exposure to changes in currency exchange rates. Currency forward contracts are measured at fair value based on market-based observable inputs including currency exchange spot and forward rates, interest rates, and credit-risk spreads (Level 2). We do not use derivative instruments for speculative purposes.
text: Cash Flow Hedges: We utilize cash flow hedges for our exposure from changes in currency exchange rates for certain capital expenditures. We recognized losses of $3 million and $17 million and gains of $15 million for 2019, 2018, and 2017, respectively, in accumulated other comprehensive income from the effective portion of cash flow hedges. Neither the amount excluded from hedge effectiveness nor the reclassifications from accumulated other comprehensive income to earnings were material in 2019, 2018, or 2017. The amounts from cash flow hedges included in accumulated other comprehensive income that are expected to be reclassified into earnings in the next 12 months were also not material.
text: (1) Included in receivables – other.
text: (2) Included in accounts payable and accrued expenses – other for forward contracts and in current debt for convertible notes settlement obligations.
text: (3) Notional amounts of convertible notes settlement obligations as of August 29, 2019 and August 30, 2018 were 4 million and 3 million shares of our common stock, respectively.

Table:
Fair Value of
Gross National Amount
Current Assets(1)
Current Liabilities(2)
As of August 29, 2019
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$146
$1
$—
Derivative instruments without hedge accounting designation
Non-designated currency hedges
1,871
1
(9)
Convertible notes settlement obligation(3)
—
(179)
1
(188)
$2
$(188)
As of August 30, 2018
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$538
$—
$(13)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
1,919
14
(10)
Convertible notes settlement obligation(3)
—
(167)
14
(177)
$14
$(190)

Questions:
question: What was the cash flow currency hedges as of August 29, 2019?
answer: $146
question: What is the change of the gross national amount of cash flow currency hedges from 2018 to 2019?
answer: -392
derivation: 146 - 538 
question: What is the average gross national amount of non-designated currency hedges from 2018 to 2019?
answer: 1895
derivation: (1,871+1,919)/2 
question: What is the ratio of the fair value of the total current assets in 2019 to that of 2018?
answer: 0.14
derivation: 2/14