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ILLUIN Vidore 175

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

What was the total assets from AMER in 2018?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

What was the total assets from APAC in 2019?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

What was the total assets in 2018?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

How many years did total assets exceed $2,000,000 thousand?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

What was the change in the total assets from APAC between 2018 and 2019?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/637fab7088ea6c78a5dba55f17e833bd.pdf

What was the percentage change in the total assets from Corporate and eliminations between 2018 and 2019?

Table of Contents Plexus Corp. Notes to Consolidated Financial Statements Depreciation: AMER APAC EMEA Corporate Capital expenditures: AMER APAC EMEA Corporate Total assets: AMER APAC EMEA Corporate and eliminations 2019 2018 2017 22,531 $ 21,224 $ 19,694 16,905 15,954 15,588 6,105 6,054 5,467 5,344 4,863 4,581 50,885 $ 48,095 $ 45,330 42,459 §$ 17,690 $ 18,111 33,454 33,018 13,816 5,186 7,923 5,748 9,501 4,149 863 90,600 §$ 62,780 $ 38,538 September 28, September 29, 2019 2018 751,990 $ 645,791 958,744 937,510 209,541 193,797 80,608 155,544 2,000,883 $ 1,932,642 The following information is provided in accordance with the required segment disclosures for fiscal2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands): Net sales: United States Malaysia China Mexico Romania United Kingdom Germany Elimination of inter-country sales 61 2019 2018 2017 1,197,665 $ 1,000,680 $ 984,773 1,138,380 1,118,032 940,045 418,825 379,977 339,216 231,643 218,264 181,573 195,837 177,111 114,363 99,825 91,426 70,163 14,271 12,953 8,303 (132,012) (124,935) (110,384) 3,164,434 $ 2,873,508 $ 2,528,052

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

What are the two license agreements for the currently marketed products?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

When is revenue recognized?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

What are the two forms of revenue generated from contracts with customers?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

What is the decrease in licensing revenue from Zyla (Oxaydo) from 2018 to 2019?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

How much did the total licensing revenue decreased from 2018 to 2019?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/22be2fdb6d29626851b25f7a53fada57.pdf

What percentage of the decrease in total revenue is from the loss in Zyla (Oxaydo)?

KemPharm Agreement Covering Certain Opioid Prodrugs In October 2016, we and KemPharm Inc. (”?KemPharm”) entered into a worldwide License Agreement (the “KemPharm Agreement”) pursuant to which we licensed our Aversion® Technology to KemPharm for its use in the development and commercialization of three products using 2 of KemPharm’s prodrug candidates. KemPharm has also been granted an option to extend the KemPharm Agreement to cover two additional prodrug candidates. KemPharm is responsible for all development, manufacturing and commercialization activities. Upon execution of the KemPharm Agreement, KemPharm paid us an upfront payment of $3.5 million. If KemPharm exercises its option to use our Aversion Technology with more than the two licensed prodrugs, then KemPharm will pay us up to $1.0 million for each additional prodrug license. In addition, we will receive from KemPharm a low single digit royalty on commercial sales by KemPharm of products developed using our Aversion Technology under the KemPharm Agreement. KemPharm’s royalty payment obligations commence on the first commercial sale of a product using our Aversion Technology and expire, on a country-by-country basis, upon the expiration of the last to expire patent claim of the Aversion Technology covering a product in such country, at which time the license for the particular product and country becomes fully paid and royalty free. The KemPharm Agreement expires upon the expiration of KemPharm’s royalty payment obligations in all countries. Either party may terminate the KemPharm Agreement in its entirety if the other party materially breaches the KemPharm Agreement, subject to applicable cure periods. Acura or KemPharm may terminate the KemPharm Agreement with respect to the U.S. and other countries if the other party challenges the patents covering the licensed products. KemPharm may terminate the KemPharm Agreement for convenience on ninety (90) days prior written notice. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the KemPharm Agreement provides for termination of our license grant to KemPharm. NOTE 4- REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue is recognized when, or as, performance obligations under terms of a contract are satisfied, which occurs when control of the promised service is transferred to a customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring services to a customer (“transaction price”). The Company will then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when, or as, the performance obligation is satisfied. When determining the transaction price of the contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. None of the Company’s licenses and collaboration agreements contained a significant financing component at either December 31, 2019 or 2018. The Company’s existing license and collaboration agreements may contain a single performance obligation or may contain multiple performance obligations. Those which contain multiple performance obligations will require an allocation of the transaction price based on the estimated relative standalone selling prices of the promised services underlying each performance obligation. The Company’s existing license and collaboration agreements contain customer options for the license of additional products and territories. We determined the option’s standalone selling prices based on the option product’s potential market size in the option territory as compared to the currently licensed product and U.S. territory. Some of our existing license and collaboration agreements contain a license to the technology as well as licenses to tradenames or trademarks. The Company determined that the licenses to the tradenames or trademarks were immaterial in context of the contract. Sales-based Milestones and Royalty Revenues The commercial sales-based milestones and sales royalties earned under the license and collaboration for Oxaydo and sales royalties earned under the license for the Nexafed products, are recorded in the period of the related sales by Zyla and MainPointe. Payments of sales-based milestones are generally due within 30 days after the end of a calendar year. Payments of royalties are generally due within 45 days after the end of a calendar quarter.

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

Which years does the table provide information for the related party items included in Revenues?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

What were the software services in 2019?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

What were the data and analytic services in 2017?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

What was the change in software services between 2017 and 2018?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

What was the change in data and analytic services between 2017 and 2019?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/c9a90a9fcd85be9a6c273b539cd53163.pdf

What was the percentage change in total related party revenues between 2018 and 2019?

Table of Contents BLACK KNIGHT, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued) Consolidated Statements of Earnings and Comprehensive Earnings A detail of related party items included in Revenues is as follows (in millions): Year ended December 31, 2019” 2018 2017 Software services $ 40.2 $ 35.9 $ 32.8 Data and analytics services 19.3 21.7 24.0 Total related party revenues $ 59.5 $ 576 $ 568 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions): Year ended December 31, 2019” 2018 2017 Data entry, indexing services and other operating expenses $ 8.8 $ 8.2 §$ 5.1 Corporate services 3.8 49 9.2 Technology and corporate services (0.1) (1.0) (1.7) Total related party expenses, net $ 125 $ 12.1 $ 126 (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party. Consolidated Balance Sheets As of December 31, 2018, related party contract assets were $4.8 million and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. As of December 31, 2018, related party deferred revenues of $0.1 million are included in Deferred revenues (current) in our Consolidated Balance Sheets. We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties, except for certain corporate services provided to FNF and certain corporate services provided by FNF, which are at cost. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm's length and may not represent the terms that we might have obtained from an unrelated third party. (7) Property and Equipment Property and equipment consist of the following (in millions): December 31, 2019 2018 Land $ 119 $ 11.9 Buildings and improvements 81.2 71.1 Leasehold improvements 7A 6.7 Computer equipment 234.1 208.9 Furniture, fixtures and other equipment 11.2 11.0 Property and equipment 345.5 309.6 Accumulated depreciation and amortization (168.6) (132.5) Property and equipment, net $ 176.9 $ 177.1 On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases. 66

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What does the table show?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What is the principal amount for the loan agreement for the acquisition of an excavator on November 2016?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What is the long term position loans payable for 2018?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What is the percentage change in the equipment notes payable from 2018 to 2019?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What is the percentage change in the subtotal loans payable from 2018 to 2019?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

What is the percentage of loan for the acquisition of an excavator that is outstanding?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/484d5ab2adc070a942f822421537bb3b.pdf

In which year is the equipment notes payable higher?

Accounts payable and accrued liabilities at December 31, 2019 and 2018 are as follows: 2019 2018 Trade payables $ 8,676 §$ 9,488 Accrued payroll, vacation and payroll taxes 628 506 Accrued expenses, bonus and commissions 1,917 1,864 Total 11,221 $ 11,858 7. LOANS PAYABLE Plan B, a subsidiary of the Company, entered into a business loan agreement, prior to being acquired by the Company, with Tri Counties Bank dated March 14, 2014, in the original amount of $131 bearing interest at 4.95%. The loan agreement called for monthly payments of $2 and was scheduled to mature on March 14, 2019. Proceeds from the loan were used to purchase a pile driver and related equipment and is secured by the equipment. The loan was fully paid off during the year ended December 31, 2019. Plan B entered into a business loan agreement prior to being acquired by the Company, with Tri Counties Bank dated April 9, 2014, in the original amount of $250 bearing interest at 4.95%. The loan agreement calls for monthly payments of $5 and was scheduled to mature on April 9, 2019. Proceeds from the loan were used to purchase racking inventory and related equipment. The loan was secured by the inventory and equipment. The loan was fully paid off during the year ended December 31, 2019. On January 5, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $182 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on January 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $4. On September 8, 2016, the Company entered into a loan agreement for the acquisition of a pile driver in the principal amount of $174 bearing interest at 5.5%. The loan agreement calls for monthly payments of $4 and is scheduled to mature on September 15, 2020. The loan is secured by the equipment. The outstanding balance at December 31, 2019, is $36. F-12

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

What does shareholder distributions - dividends in the table represent?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

What does total employee expenditure in the table include?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

What are the components in the table during the analysis of the relative importance of spend on pay?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

In which year was Total employee expenditure larger?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

What was the change in the Shareholder distributions – dividends in 2019 from 2018?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/d33382e9889d93bb77bc18a7d5c2358e.pdf

What was the average total employee expenditure across 2018 and 2019?

2019 Annual Report and Accounts Non-Executive Director fees (including the Chairman) With effect from the IPO, the fees payable to the Chairman of the Board and other Non-Executive Directors ("NED") are as follows: Fee p.a. Chairman of the Board $250,000 NED base fee $150,000 Additional fees: Audit and Risk Committee Chairman $15,000 Remuneration Committee Chairman $10,000 Nominations Committee Chairman $5,000 Senior Independent Director $15,000 There will be no change to the NED fee policy set out above for FY20. Percentage change in CEO remuneration The table below shows the percentage change in the CEO's remuneration from the prior-year compared to the average percentage change in remuneration for all other employees. To provide a meaningful comparison, the analysis is based onaconsistent set of employees, i.e. the same individuals appear in the FY18 and FY19 populations. % change FY18 to FY19 CEO Other employees Base salary 0% 9% Taxable benefits = 2 Single-year variable -100% -100% Relative importance of spend on pay The following table shows, for FY19 and FY18, the actual expenditure and percentage change in total employee costs and percentage change in distributions to shareholders. Fy19 FYv18 Change $M $M % Shareholder distributions - dividends 23.9 218 10% Total employee expenditure® 370.1 361.9 2% 1 Represents dividends paid in each financial year 2 Total employee expenditure includes wages and salaries, social security costs, pension and other costs and share-based payments, see note 10 of the Financial Statements 97 Strategic Report Introduction Cee eel) Financial Statements Additional Information

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What are the respective APRU from on-net in 2017 and 2018 respectively?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What are the respective APRU from off-net in 2017 and 2018 respectively?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What are the respective average price per megabit in 2017 and 2018 respectively?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What is the percentage change in on-net APRU between 2017 and 2018?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What is the percentage change in off-net APRU between 2017 and 2018?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/2f7d749e5b10203f268b5c1ef8f54a6b.pdf

What is the percentage change in the number of on-net customer connections between 2017 and 2018?

Table of Contents newly deployed fixed assets being offset by the decline in depreciation expense from fully depreciated fixed assets. Gains on Equipment Transactions. We exchanged certain used network equipment and cash consideration for new network equipment resulting in gains of $1.1 million for 2019 and $1.0 million for 2018. The gains are based upon the excess of the estimated fair value of the new network equipment over the carrying amount of the returned used network equipment and the cash paid. The increase in gains from 2018 to 2019 was due to purchasing more equipment under the exchange program in 2019 than we purchased in 2018. Interest Expense. Interest expense results from interest incurred on our $445.0 million of senior secured notes, interest incurred on our $189.2 million of senior unsecured notes, interest on our installment payment agreement, interest on our finance lease obligations and interest incurred on our €135.0 million of 2024 Notes that we issued on June 25, 2019. Our interest expense increased by 12.5% for 2019 from 2018 primarily due to the issuance of $70.0 million of senior secured notes we issued in August 2018, the issuance of €135.0 million of senior unsecured notes we issued in June 2019 and an increase in our finance lease obligations. The 2024 Notes were issued at par for €135.0 million ($153.7 million) on June 25, 2019. The 2024 Notes were issued in Euros and are reported in our reporting currency — US Dollars. As of December 31, 2019 the 2024 Notes were valued at $151.4 million resulting in an unrealized gain on foreign exchange of $2.3 million in 2019. Income Tax Expense. Our income tax expense was $15.1 million for 2019 and $12.7 million for 2018. The increase in our income tax expense was primarily related to an increase in our income before income taxes. Buildings On-net. As of December 31, 2019 and 2018 we had a total of 2,801 and 2,676 on-net buildings connected to our network, respectively. Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017 Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below. Year Ended December 31, Change 2018 2017 Percent (in thousands) Service revenue $ 520,193 $ 485,175 72% On-net revenues 374,555 346,445 8.1% Off-net revenues 145,004 137,892 5.2% Network operations expenses(1) 219,526 209,278 4.9% Selling, general, and administrative expenses(2) 133,858 127,915 46% Depreciation and amortization expenses 81,233 75,926 7.0 % Gains on equipment transactions 982 3,862 (74.6)% Interest expense 51,056 48,467 5.3% Income tax expense 12,715 25,242 = (49.6)% (1) Includes non-cash equity-based compensation expense of $895 and $604 for 2018 and 2017, respectively. (2) Includes non-cash equity-based compensation expense of $16,813 and $12,686 for 2018 and 2017, respectively. 30

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

What is the % change in the capital intensity ratio for BCE?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

What led to lower capital expenditures at Bell Media in 2019?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

What is the $ change in the capital expenditures for Bell Wireless?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

Which segment has the largest % change in capital intensity ratio?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

What are the capital expenditures for Bell Media in 2018 and 2019?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/28b843dd15fa99919296ccee8e2469ef.pdf

What is the percentage of capital expenditures for Bell Wireline out of the BCE capital expenditures in 2019?

MD&A 6 Financial and capital management 6.3 Cash flows 2019 2018 $ CHANGE % CHANGE Cash flows from operating activities 7,958 7,384 574 7.8% Capital expenditures (3,988) (3,971) (17) (0.4%) Cash dividends paid on preferred shares (147) (149) 2 1.3% Cash dividends paid by subsidiaries to NCI (65) (16) (49) Am. Acquisition and other costs paid 60 79 (19) (24.1%) Voluntary DB pension plan contribution - 240 (240) (100.0%) Free cash flow 3,818 3,567 251 7.0% Business acquisitions (51) (395) 344 87.1% Acquisition and other costs paid (60) (79) 19 24.1% Voluntary DB pension plan contribution - (240) 240 100.0% Acquisition of spectrum licences - (56) 56 100.0% Disposition of intangibles and other assets - 68 (68) (100.0%) Other investing activities 3 (32) 35 Am. Net (repayment) issuance of debt instruments (1,216) 158 (1,374) Am. Issue of common shares 240 11 229 am. Repurchase of common shares - (175) 175 100.0% Purchase of shares for settlement of share-based payments (142) (222) 80 36.0% Cash dividends paid on common shares (2,819) (2,679) (140) (5.2%) Return of capital to non-controlling interest - (51) 51 100.0% Other Financing activities (53) (75) 22 29.3% Net decrease in cash and cash equivalents (280) (200) (80) (40.0%) 1m: not meaningful CASH FLOWS FROM OPERATING ACTIVITIES AND FREE CASH FLOW In 2019, BCE’s cash flows from operating activities increased by $574 million, compared to 2018, mainly due to higher adjusted EBITDA, which reflects the favourable impact from the adoption of IFRS 16, and a voluntary DB pension plan contribution of nil in 2019 compared to $240 million paid in 2018. This was partly offset by a decrease in operating assets and liabilities, higher interest paid which reflects the unfavourable impact from the adoption of IFRS 16 and higher income taxes paid. Free cash flow increased by $251 million in 2019, compared to 2018, mainly due to higher cash flows from operating activities, excluding voluntary DB pension plan contributions and acquisition and other costs paid, partly offset by higher cash dividends paid by subsidiaries to NCI. CAPITAL EXPENDITURES 2019 2018 $ CHANGE % CHANGE Bell Wireless 697 664 (33) (5.0%) Capital intensity ratio 7.6% 7.5% (0.1) pts Bell Wireline 3,183 3,193 10 0.3% Capital intensity ratio 25.8% 26.0% 0.2 pts Bell Media 108 114 6 5.3% Capital intensity ratio 3.4% 3.7% 0.3 pts BCE 3,988 3,971 (17) (0.4%) Capital intensity ratio 16.6% 16.9% 0.3 pts BCE capital expenditures totaled $3,988 million for the year, up $17 million over 2018. This corresponded to a capital intensity ratio of 16.6%, down 0.3 pts compared to last year. Capital spending in the year reflected the following: BCE Inc. 2019 Annual Report » Greater capital investments in our wireless segment of $33 million in 2019, compared to 2018, as we advanced the build-out of our LTE-A network, continued to deploy wireless small-cells to expand capacity to support subscriber growth and increase network speeds, coverage and signal quality, as well as to expand data Fibre backhaul in preparation for 5G technology

data/downloaded_datasets/tatdqa/test/1bcc157b8f0fb5225f4f574489e4c8a1.pdf

What are the respective goodwill at 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

data/downloaded_datasets/tatdqa/test/1bcc157b8f0fb5225f4f574489e4c8a1.pdf

What are the respective Net recognized amounts of identifiable assets acquired and liabilities assumed at 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

data/downloaded_datasets/tatdqa/test/1bcc157b8f0fb5225f4f574489e4c8a1.pdf

What are the respective equipment notes payable at 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

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What is the percentage change in goodwill between 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

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What is the percentage change in Net recognized amounts of identifiable assets acquired and liabilities assumed between 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

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What is the percentage change in equipment notes payable between 2018 and 2019?

RiceBran Technologies Notes to Consolidated Financial Statements The purchase price for Golden Ridge was subject to adjustment if the estimated working capital with respect to the assets purchased and the liabilities assumed at the time of closing was different than the actual closing working capital, as defined in the purchase agreement. We revised our preliminary estimate of the working capital adjustment as indicated in the table below. The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts). Estimated at Acquisition and as of Final as of December 31, 2018 Adjustments December 31, 2019 1,666,667 shares of common stock, at fair value of $3.00 per share at closing $ 5,000 $ - $ 5,000 Golden Ridge financial liabilities paid for the seller 2,661 - 2,661 Cash 250 - 250 Note payable to seller 609 - 609 Working capital adjustment to purchase price (1,147) 584 (563) Total fair value of consideration transferred 7,373 584 7,957 Cash 409 (63) 346 Accounts receivable 1,587 87 1,674 Inventories 103 - 103 Property and equipment 5,092 - 5,092 Accounts payable (222) 110 (112) Commodities payable (2,559) 432 (2,127) Accrued liabilities (12) 12 - Lease liabilities (104) - (104) Equipment notes payable 99) 6 93 Net recognized amounts of identifiable assets acquired and liabilities assumed 4,195 584 4,779 Goodwill $ 3,178 $ : $ 3,178 The 1,666,667 shares issued at closing of our purchase of Golden Ridge included 380,952 shares that were deposited in an escrow account to be used to satisfy any indemnification obligations of the seller that may arise. As of December 31, 2018, the 380,952 shares remained in escrow. In July 2019, we reached an agreement to settle the $0.6 million working capital adjustment receivable and other claims with the sellers of Golden Ridge. As a result, (i) 340,000 shares of common stock held in the escrow account ($1.0 million fair value as of both the settlement date and the November 28, 2018, acquisition date) were returned to us and retired, (ii) the remaining $0.4 million note payable we owed to a seller was cancelled and (iii) certain open grain purchase contracts with entities related to a seller were terminated. We recorded a gain on the noncash settlement of $0.8 million in the third quarter of 2019, which is included in other income. In connection with the foregoing, a settlement agreement was entered into among the parties. All shares of common stock were distributed and the escrow agreement was terminated. The fair value of trade receivables for Golden Ridge at acquisition was $1.6 million, which was $0.1 million less than the value of gross trade receivables. Goodwill was primarily attributed to intangible assets that do not qualify for separate recognition and synergies generated by Golden Ridge’s integration with our other operations. Between December 31, 2018, and June 30, 2019, information was discovered requiring adjustments to the opening balance sheet of Golden Ridge. The adjustments resulted primarily from an overstatement of the opening balances of commodities payable and accounts payable at December 31, 2018. These balances were adjusted in the June 30, 2019, financial statements. The impact of the adjustments to our prior period financial statements is not considered significant. No additional adjustments have been made to the opening balances after June 30, 2019. Our revenues for 2019 and 2018 includes $7.6 million and $0.9 million related to the acquired Golden Ridge business. Our net loss for 2019 and 2018 includes $2.8 million and $0.2 million, respectively, related to the acquired Golden Ridge business. The following table provides unaudited pro forma information for 2018 as if the acquisition had occurred January 1, 2017. Revenues (in thousands) $ 30,289 Loss from continuing operations (in thousands) $ (10,601) Loss per share - continuing operations $ (0.45) Weighted average number of common shares outstanding - basic and diluted 23,615,131 No adjustments have been made in the pro forma information for synergies that are resulting or planned from the Golden Ridge acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2017, or of our future operating results. 33

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When are trade payables paid?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

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When are Other payables and accruals paid?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

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What is the value of trade payables in 2019?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

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What is the change in Trade payables from 2018 to 2019?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

data/downloaded_datasets/tatdqa/test/8c030fa477c7b599077d076bcb5b0e13.pdf

What is the change in Accrued expenses from 2018 to 2019?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

data/downloaded_datasets/tatdqa/test/8c030fa477c7b599077d076bcb5b0e13.pdf

What is the change in GST and employment taxes payable from 2018 to 2019?

The allowance for expected credit losses represents an estimate of receivables that are not considered to be recoverable. For the year ended 30 June 2019 the Group has recognised an expected loss provision following the adoption of AASB 9 Financial Instruments. The Group recognises a loss allowance based on lifetime expected credit losses at each reporting date. The Group assesses this allowance based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors. At 30 June 2018, the Group recognised a provision for trade receivables relating to receivables acquired on the purchase of investment properties where there are specific risks around recoverability. See below for the movements in the allowance for expected credit losses in the Group. See note 17 for terms and conditions relating to related party receivables. At 1 July 23 42 Charge for the year 165 - Recognised on acquisition of investment properties - 79 Utilised (53 98 At 30 June 135 23 The age of trade receivables not impaired was as follows: 0 to 3 months 3,534 2,590 3 to 6 months 82 312 Over 6 months 19 129 __ 3.635 3,031 The carrying amounts of current receivables are assumed to be the same as their fair values, due to their short-term nature. The fair value of non-current receivables approximates carrying value. 9.3. Other assets Current Deposits 1,178 1,074 Prepayments 5,836 4,263 Financial assets (derivatives) - 87 7,014 5,424 Non-current Financial assets (derivatives) 569 2,099 Total current and non-current 7,983 7,923 For details on the classification of financial instruments see note 9. FINANCIAL STATEMENTS 9.4. Trade and other payables Current Trade payables 3,486 4,184 Accrued expenses 6,706 2,717 GST and employment taxes payable 2,644 1,256 Other payables 6,157 4,161 Total 18,993 12,318 Trade payables are unsecured and are usually paid within 30 days of recognition. Other payables and accruals are paid when amounts fall due. The carrying amounts of trade and other payables are assumed to be the same as their fair values, due to their short-term nature. 9.5. Borrowings Non-current Bank finance facility 847,838 600,348 Non-amortised borrowing costs (3,911) (3,938) Total borrowings 843,927 596,410 The Group has non-current borrowing facilities denominated in Australian Dollars (“AUD”) and New Zealand Dollars (“NZD”). All facilities are interest only facilities with any drawn balances payable at maturity. Drawn amounts and facility limits are as follows: Bank finance facilities (AUD) Drawn amount 663,800 520,300 Facility limit 680,000 605,000 Bank finance facilities (NZD) Drawn amount 192,250 87,500 Facility limit 196,750 121,000 AUD equivalent of NZD facilities Drawn amount 184,038 80,048 Facility limit 188,346 110,696 The major terms of these agreements are as follows: Maturity dates on the facilities range from 23 July 2020 to 23 December 2026 (2018: 23 July 2019 to 23 December 2026). The interest rate applied is the bank bill rate plus a margin depending on the gearing ratio. Security has been granted over the Group's freehold investment properties. The Group has a bank overdraft facility with a limit of $3m that was undrawn at 30 June 2019 and 30 June 2018. During the year ended 30 June 2019, the Group converted an existing AUD facility of $25m into an NZD facility of $25.75m, refinanced part of the existing debt facilities, and increased its club banking facilities by AUD $100m and NZD $50m (year ended 30 June 2018 facilities increased by $150m AUD and $25m NZD). NATIONAL STORAGE REIT ANNUAL REPORT 2018/2019

data/downloaded_datasets/tatdqa/test/8c79671b7ad782c9d32167f2c04a1af5.pdf

How is the basic net income per share computed?

66 As of June 30, 2019, the total gross unrecognized tax benefits were $420.8 million, compared to $305.4 million as of June 24, 2018, and $339.4 million as of June 25, 2017. During fiscal year 2019, gross unrecognized tax benefits increased by $115.4 million. The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate was $376.0 million, $268.3 million, and $247.6 million, as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The aggregate changes in the balance of gross unrecognized tax benefits were as follows: (in thousands) Balance as of June 26, 2016 $ 417,432 Settlements and effective settlements with tax authorities (6,691) Lapse of statute of limitations (113,491) Increases in balances related to tax positions taken during prior periods 6,557 Decreases in balances related to tax positions taken during prior periods (11,528) Increases in balances related to tax positions taken during current period 47,168 Balance as of June 25, 2017 339,447 Settlements and effective settlements with tax authorities (693) Lapse of statute of limitations (88,837) Increases in balances related to tax positions taken during prior periods 2,044 Decreases in balances related to tax positions taken during prior periods (1,320) Increases in balances related to tax positions taken during current period 54,772 Balance as of June 24, 2018 305,413 Settlements and effective settlements with tax authorities (3,705) Lapse of statute of limitations (28,176) Increases in balances related to tax positions taken during prior periods 78,927 Decreases in balances related to tax positions taken during prior periods (1,577) Increases in balances related to tax positions taken during current period 69,890 Balance as of June 30, 2019 $ 420,772 The Company recognizes interest expense and penalties related to the above unrecognized tax benefits within income tax expense. The Company had accrued $19.1 million, $13.0 million, and $15.7 million cumulatively for gross interest and penalties as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The Company is subject to audits by state and foreign tax authorities. The Company is unable to make a reasonable estimate as to when cash settlements, if any, with the relevant taxing authorities will occur. The Company files U.S. federal, U.S. state, and foreign income tax returns. As of June 30, 2019, tax years 2004-2019 remain subject to examination in the jurisdictions where the Company operates. The Company is in various stages of examinations in connection with all of its tax audits worldwide, and it is difficult to determine when these examinations will be settled. It is reasonably possible that over the next 12-month period the Company may experience an increase or decrease in its unrecognized tax benefits as a result of tax examinations or lapses of statute of limitations. The change in unrecognized tax benefits may range up to $12 million. Note 8: Net Income per Share Basic net income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the treasury stock method, for dilutive stock options, restricted stock units, and convertible notes.

data/downloaded_datasets/tatdqa/test/8c79671b7ad782c9d32167f2c04a1af5.pdf

How is the diluted net income per share computed?

66 As of June 30, 2019, the total gross unrecognized tax benefits were $420.8 million, compared to $305.4 million as of June 24, 2018, and $339.4 million as of June 25, 2017. During fiscal year 2019, gross unrecognized tax benefits increased by $115.4 million. The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate was $376.0 million, $268.3 million, and $247.6 million, as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The aggregate changes in the balance of gross unrecognized tax benefits were as follows: (in thousands) Balance as of June 26, 2016 $ 417,432 Settlements and effective settlements with tax authorities (6,691) Lapse of statute of limitations (113,491) Increases in balances related to tax positions taken during prior periods 6,557 Decreases in balances related to tax positions taken during prior periods (11,528) Increases in balances related to tax positions taken during current period 47,168 Balance as of June 25, 2017 339,447 Settlements and effective settlements with tax authorities (693) Lapse of statute of limitations (88,837) Increases in balances related to tax positions taken during prior periods 2,044 Decreases in balances related to tax positions taken during prior periods (1,320) Increases in balances related to tax positions taken during current period 54,772 Balance as of June 24, 2018 305,413 Settlements and effective settlements with tax authorities (3,705) Lapse of statute of limitations (28,176) Increases in balances related to tax positions taken during prior periods 78,927 Decreases in balances related to tax positions taken during prior periods (1,577) Increases in balances related to tax positions taken during current period 69,890 Balance as of June 30, 2019 $ 420,772 The Company recognizes interest expense and penalties related to the above unrecognized tax benefits within income tax expense. The Company had accrued $19.1 million, $13.0 million, and $15.7 million cumulatively for gross interest and penalties as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The Company is subject to audits by state and foreign tax authorities. The Company is unable to make a reasonable estimate as to when cash settlements, if any, with the relevant taxing authorities will occur. The Company files U.S. federal, U.S. state, and foreign income tax returns. As of June 30, 2019, tax years 2004-2019 remain subject to examination in the jurisdictions where the Company operates. The Company is in various stages of examinations in connection with all of its tax audits worldwide, and it is difficult to determine when these examinations will be settled. It is reasonably possible that over the next 12-month period the Company may experience an increase or decrease in its unrecognized tax benefits as a result of tax examinations or lapses of statute of limitations. The change in unrecognized tax benefits may range up to $12 million. Note 8: Net Income per Share Basic net income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the treasury stock method, for dilutive stock options, restricted stock units, and convertible notes.

data/downloaded_datasets/tatdqa/test/8c79671b7ad782c9d32167f2c04a1af5.pdf

What do the diluted shares outstanding not include?

66 As of June 30, 2019, the total gross unrecognized tax benefits were $420.8 million, compared to $305.4 million as of June 24, 2018, and $339.4 million as of June 25, 2017. During fiscal year 2019, gross unrecognized tax benefits increased by $115.4 million. The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate was $376.0 million, $268.3 million, and $247.6 million, as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The aggregate changes in the balance of gross unrecognized tax benefits were as follows: (in thousands) Balance as of June 26, 2016 $ 417,432 Settlements and effective settlements with tax authorities (6,691) Lapse of statute of limitations (113,491) Increases in balances related to tax positions taken during prior periods 6,557 Decreases in balances related to tax positions taken during prior periods (11,528) Increases in balances related to tax positions taken during current period 47,168 Balance as of June 25, 2017 339,447 Settlements and effective settlements with tax authorities (693) Lapse of statute of limitations (88,837) Increases in balances related to tax positions taken during prior periods 2,044 Decreases in balances related to tax positions taken during prior periods (1,320) Increases in balances related to tax positions taken during current period 54,772 Balance as of June 24, 2018 305,413 Settlements and effective settlements with tax authorities (3,705) Lapse of statute of limitations (28,176) Increases in balances related to tax positions taken during prior periods 78,927 Decreases in balances related to tax positions taken during prior periods (1,577) Increases in balances related to tax positions taken during current period 69,890 Balance as of June 30, 2019 $ 420,772 The Company recognizes interest expense and penalties related to the above unrecognized tax benefits within income tax expense. The Company had accrued $19.1 million, $13.0 million, and $15.7 million cumulatively for gross interest and penalties as of June 30, 2019, June 24, 2018, and June 25, 2017, respectively. The Company is subject to audits by state and foreign tax authorities. The Company is unable to make a reasonable estimate as to when cash settlements, if any, with the relevant taxing authorities will occur. The Company files U.S. federal, U.S. state, and foreign income tax returns. As of June 30, 2019, tax years 2004-2019 remain subject to examination in the jurisdictions where the Company operates. The Company is in various stages of examinations in connection with all of its tax audits worldwide, and it is difficult to determine when these examinations will be settled. It is reasonably possible that over the next 12-month period the Company may experience an increase or decrease in its unrecognized tax benefits as a result of tax examinations or lapses of statute of limitations. The change in unrecognized tax benefits may range up to $12 million. Note 8: Net Income per Share Basic net income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the treasury stock method, for dilutive stock options, restricted stock units, and convertible notes.