Sorry, withdraw this. It seems to be a feature rather than a bug: Excel,
Google and Lotus Sympony all do the same. The documentation on operator
precedence is incomplete and incorrect as far as it goes, but it appears
that by design the unary minus takes precedence over exponentiation
takes precedence over subtraction. That is, -A1^2 is interpreted as
(-A1)^2 (unary minus) but 0-A1^2 is interpreted as 0-(A1^2)
(subtraction). This is bizarre in comparison to mathematical notation,
and no doubt leads to lots of wrong spreadsheets, but if that is how it
is supposed to work then there is no bug.

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Calculation error: calc ignores - sign in some formulas
https://bugs.launchpad.net/bugs/460549
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