pre_text: Share-Based Payment Expense The expense recognised for employee services received during the year is as follows: The cash-settled expense comprises cash-based awards together with certain social security taxes. The carrying value of the liability as at 31 March 2019 was $1.6M (2018: $3.1M).
table: Year-ended 31 March 2019 Year-ended 31 March 2018
table: $M $M
table: Cash-settled transactions 1.9 2.7
table: Equity-settled transactions 35.0 39.6
table: Total share-based payment expense 36.9 42.3
question: Analyse this data from a financial earnings document. What was the change in Cash-settled transactions in 2019 from 2018?