Ayushnangia/finbench-data huggingface dataset:
||2019|2018|$ CHANGE|% CHANGE|
|Operating costs|(6,942)|(6,946)|4|0.1%|
|Adjusted EBITDA|5,414|5,321|93|1.7%|
|Adjusted EBITDA margin|43.8%|43.4%||0.4 pts|
 OPERATING COSTS AND ADJUSTED EBITDA Bell Wireline operating costs were essentially stable year over year, decreasing by 0.1% in 2019, compared to 2018, resulting from: • The favourable impact from the adoption of IFRS 16 in 2019 • Continued effective cost containment • Lower pension expenses reflecting reduced DB costs These factors were partly offset by: • Higher cost of goods sold related to the growth in product sales • Increased costs from the acquisition of Axia • Greater payments to other carriers from increased sales of international wholesale long distance minutes Bell Wireline adjusted EBITDA grew by 1.7% in 2019, compared to last year, reflecting the growth in revenues as operating expenses were relatively stable year over year. Adjusted EBITDA margin increased to 43.8% in 2019, compared to the 43.4% achieved last year, resulting from the favourable impact of the adoption of IFRS 16 in 2019 and the flow-through of the service revenue growth, offset in part by higher low-margin product sales in our total revenue base.


Question: What would the sum of the adjusted EBITDA in 2018 and 2019 be if the amount for 2019 is 5,400?

Python solution:
def solution():
    # Define variables name and value
    adjusted_EBITDA_2019 = 5400
    adjusted_EBITDA_2018 = 5321
    
    # Do math calculation to get the answer
    answer = adjusted_EBITDA_2019 + adjusted_EBITDA_2018
    
    return answer

Answer: 10721
||2019|2018|
||RMB’Million|RMB’Million|
|Transaction costs (Note (a))|85,702|69,976|
|Employee benefits expenses (Note (b) and Note 13)|53,123|42,153|
|Content costs (excluding amortisation of intangible assets)|48,321|39,061|
|Amortisation of intangible assets (Note (c) and Note 20)|28,954|25,616|
|Bandwidth and server custody fees (excluding depreciation of right-of-use assets)|16,284|15,818|
|Depreciation of property, plant and equipment, investment properties and right-of-use assets (Note 16 and Note 18)|15,623|8,423|
|Promotion and advertising expenses|16,405|19,806|
|Travelling and entertainment expenses|1,773|1,450|
|Auditor’s remuneration|||
|– Audit and audit-related services|105|110|
|– Non-audit services|43|26|
 8 EXPENSES BY NATURE Note: (a) Transaction costs primarily consist of bank handling fees, channel and distribution costs. (b) During the year ended 31 December 2019, the Group incurred expenses for the purpose of research and development of approximately RMB30,387 million (2018: RMB22,936 million), which comprised employee benefits expenses of approximately RMB24,478 million (2018: RMB19,088 million). During the year ended 31 December 2019, employee benefits expenses included the share-based compensation expenses of approximately RMB10,500 million (2018: RMB7,900 million). No significant development expenses had been capitalised for the years ended 31 December 2019 and 2018. (c) Included the amortisation charges of intangible assets mainly in respect of media contents. During the year ended 31 December 2019, amortisation of intangible assets included the amortisation of intangible assets resulting from business combinations of approximately RMB1,051 million (2018: RMB524 million).


Question: How much is the change in Promotion and advertising expenses from 2018 to 2019 if 2019 Promotion and advertising expenses was 15,000? (in million)

Python solution:
def solution():
    # Define variables name and value
    promotion_and_advertising_expenses_2019 = 15000
    promotion_and_advertising_expenses_2018 = 19806
    
    # Do math calculation to get the answer
    answer = promotion_and_advertising_expenses_2019 - promotion_and_advertising_expenses_2018
    
    return answer

Answer: -4806
||Number of Shares|Weighted-Average Exercise Price Per Share|Weighted-Average Remaining Contractual Life (In Years)|Aggregate Intrinsic Value|
|Outstanding as of August 30, 2018|18|$23.38|||
|Granted|—|44.30|||
|Exercised|(5)|17.50|||
|Canceled or expired|(1)|22.60|||
|Outstanding as of August 29, 2019|12|25.94|4.3|$220|
|Exercisable as of August 29, 2019|7|$25.37|3.7|$143|
|Unvested as of August 29, 2019|5|26.94|5.5|77|
 Stock Options Our stock options are generally exercisable in increments of either one-fourth or one-third per year beginning one year from the date of grant. Stock options issued after February 2014 expire eight years from the date of grant. Options issued prior to February 2014 expire six years from the date of grant. Option activity for 2019 is summarized as follows: The total intrinsic value was $108 million, $446 million, and $198 million for options exercised in 2019, 2018, and 2017, respectively.


Question: What would be the price of outstanding shares as of August 29, 2019, if the Weighted-Average Exercise Price Per Share is $27?

Python solution:
def solution():
    # Define variables name and value
    num_outstanding_shares = 12
    new_weighted_avg_exercise_price = 27
    
    # Do math calculation to get the answer
    answer = num_outstanding_shares * new_weighted_avg_exercise_price
    
    return answer

Answer: 324
||December 31, 2019|December 31, 2018|
||(in thousands)||
|Cash, cash equivalents and marketable securities|$2,455,194|$1,969,670|
|Total assets|3,489,479|2,254,785|
|Total liabilities|473,745|164,017|
|Total non-current liabilities|157,363|25,329|
 Key Balance Sheet Information Total assets increased $1,234.7 million as at December 31, 2019 compared to December 31, 2018, principally due to a $485.5 million increase in cash, cash equivalents and marketable securities mainly as a result of the public offering in September 2019, which resulted in net proceeds of $688.0 million. Business acquisitions during the year, largely due to the acquisition of 6RS, further impacted total assets through an increase in goodwill of $273.8 million, a $141.2 million increase in intangible assets and a resulting decrease in cash due to the consideration paid. The remainder of the increase is due to: the adoption of the new lease accounting standard, further discussed in the "Critical Accounting Policies and Estimates" section below, which resulted in the addition of right-of-use assets totaling $134.8 million as at December 31, 2019; a $58.3 million increase in merchant cash advances and loans receivable; a $49.8 million increase in property and equipment, largely related to leaseholds for our offices; a $49.2 million increase in trade and other receivables largely due to an increase in indirect taxes receivable, unbilled revenue related to subscription fees for Plus merchants, transaction fees and shipping charges; and a $19.4 million increase in deferred tax assets. Total liabilities increased by $309.7 million, principally as a result of the adoption of the new leasing standard, which resulted in $126.8 million of additional lease liabilities related to obtaining right-of-use assets. Accounts payable and accrued liabilities increased by $84.2 million, which was due to an increase in indirect taxes payable, payroll liabilities, and payment processing and interchange fees, partly offset by a decrease in foreign exchange forward contract liabilities. The increase was also due to income taxes payable of $69.4 million driven largely by the one-time capital gain recognized in the period. Deferred tax liabilities increased by $7.6 million, due to the acquisition of 6RS. The growth in sales of our subscription solutions offering, along with the acquisition of 6RS, resulted in an increase of deferred revenue of $21.6 million.


Question: What would be the average total liabilities for 2018 and 2019 if 2018 year end's total liabilities was $175,000 thousands? (in thousand)

Python solution:
def solution():
    # Define variables
    total_liabilities_2019 = 473745
    total_liabilities_2018 = 175000
    
    # Calculate the average total liabilities for 2018 and 2019
    answer = (total_liabilities_2019 + total_liabilities_2018) / 2
    
    return answer

Answer: 324372.5
||March 31,||
|(amounts in thousands)|2019|2018|
|Accounts receivable:|||
|Trade|$176,715|$166,459|
|Allowance for doubtful accounts reserve|(1,206)|(1,210)|
|Ship-from-stock and debit (“SFSD”) reserve|(18,862)|(17,362)|
|Returns reserves (1)|(964)|(131)|
|Rebates reserves|(967)|(446)|
|Price protection reserves|(657)|(420)|
|Other|—|(329)|
|Accounts receivable, net (1)|$154,059|$146,561|
 Note 13: Supplemental Balance Sheets and Statements of Operations Detail (1) Fiscal year ended March 31, 2018 adjusted due to the adoption of ASC 606.


Question: What would be the percentage change in the amount of trade between 2018 and 2019 if the amount of trade in 2019 was $200,000 thousand instead? (in percent)

Python solution:
def solution():
    # Define variables name and value
    trade_2019 = 200000
    trade_2018 = 166459

    # Do math calculation to get the answer
    answer = (trade_2019 - trade_2018) / trade_2018 * 100

    return answer

Answer: 20.1497065343
||Years Ended December 31,||Change||
||2019|2018|$|%|
|||(dollars in thousands)|||
|Research and development|$17,845|$22,450|$(4,605)|(21)%|
|Percent of revenues, net|36%|38%|||
 Research and Development Research and development expenses in 2019 decreased by $4.6 million, or 21%, as compared to 2018. The decrease was primarily due to a reduction in the number of full-time research and development personnel, resulting in a decrease of $3.1 million in compensation expense and $0.6 million in allocated facilities and information technology costs as compared to 2018. We did not incur restructuring costs in 2019, as compared to 2018 when $0.1 million was incurred as part of the 2018 Restructuring Plan (refer to Note 4 of the accompanying consolidated financial statements). Finally, the decrease was further driven by lower professional fees of $0.6 million, as we reduced the number of research and development contractors as compared to 2018.


Question: What would be the total research and development expenses in 2018 and 2019 if the value of the 2019 expenses is decreased by 10%? (in thousand)

Python solution:
def solution():
    # Define variables name and value
    RnD_2019 = 17845
    RnD_2018 = 22450
    decrease_percentage = 0.1

    # Do math calculation to get the answer
    RnD_2019_reduced = RnD_2019 * (1 - decrease_percentage)
    answer = RnD_2018 + RnD_2019_reduced
    
    return answer

Answer: 38510.5
||At December 31,||
||2019|2018|
|Cash|$437|$268|
|Foreign government treasury bills|37|32|
|Money market funds|5,320|3,925|
|Cash and cash equivalents|$5,794|$4,225|
 4. Cash and Cash Equivalents The following table summarizes the components of our cash and cash equivalents (amounts in millions):


Question: What was the percentage change in cash and cash equivalents between 2018 and 2019 if the amount of cash and cash equivalents in 2019 was $7,000 million instead? (in percent)

Python solution:
def solution():
    # Define variables name and value
    cash_2018 = 4225
    cash_2019 = 7000
    
    # Do math calculation to get the answer
    answer = ((cash_2019-cash_2018)/cash_2018) * 100
    
    return answer

Answer: 65.6804733728
||2019|2018|2017|
|Statements of Operations:||||
|Revenue|$10,310|$12,629|$12,149|
|Cost of revenue|4,405|6,295|6,627|
|Gross profit|5,905|6,334|5,522|
|Operating expenses:||||
|Research and development|12,350|9,948|9,572|
|Selling, general and administrative|8,918|9,982|9,900|
|Loss from operations|(15,363)|(13,596)|(13,950)|
|Interest expense|(350)|(108)|(115)|
|Interest income and other expense, net|189|77|21|
|Loss before income taxes|(15,524)|(13,627)|(14,044)|
|(Benefit from) Provision for income taxes|(80)|152|87|
|Net loss|$(15,444)|$(13,779)|$(14,131)|
|Net loss per share: (1)||||
|Basic and diluted|$(2.02)|$(2.16)|$(2.56)|
|Weighted average shares:||||
|Basic and diluted|7,663|6,365|5,521|
 Note: Net loss equals to comprehensive loss for all years presented. (1) Net loss per share and weighted average shares, basic and diluted are adjusted to reflect 1-for-14 reverse stock split effected on December 23, 2019. The accompanying notes form an integral part of these Consolidated Financial Statements. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts)


Question: What would be the percentage change in revenue between 2018 and 2019 if the revenue in 2019 is increased by $5,000 thousand? (in percent)

Python solution:
def solution():
    # Define variables name and value
    revenue_2019 = 10310
    revenue_2018 = 12629
    increase_amount = 5000
    
    # Do math calculation to get the answer
    new_revenue_2019 = revenue_2019 + increase_amount
    percentage_change = ((new_revenue_2019 - revenue_2018) / revenue_2018) * 100
    
    return percentage_change

Answer: 21.2289175707
||CHAIR||MEMBER||
||F19 FEE|F20 FEE|F19 FEE|F20 FEE|
|BOARD AND COMMITTEE FEES ($)|INCL. SUPER|INCL. SUPER|INCL. SUPER|INCL. SUPER|
|Board|$790,531|$790,531|$254,990|$254,990|
|Audit, Risk Management and Compliance Committee|$65,000|$65,000|$32,500|$32,500|
|People Performance Committee|$54,525|$65,000|$27,265|$32,500|
|Sustainability Committee|$45,000|$65,000|$22,500|$32,500|
|Nomination Committee|Nil|Nil|Nil|Nil|
 Non‐executive Director fees are paid from an aggregate annual fee pool of $4,000,000, as approved by shareholders at the AGM on 18 November 2010. Total board and committee fees paid during F19 were $2,859,903 (refer to section 5.1). Non‐executive Directors do not receive variable pay and no Directors’ fees are paid to Executive Directors. In recognition of the equal importance and workload of all of the Board’s Committees, the Board reviewed Non‐executive Director fees and determined to increase Chair and Member fees for the People Performance Committee and Sustainability Committee as detailed in the table below, effective 1 July 2019. The table below provides a summary of F19 and F20 Board and Committee fees:


Question: What is the nominal difference for the fees paid in F19 and F20 to a member in the board if the fees paid in F20 is $300,000?

Python solution:
def solution():
    # Define variables name and value
    f20_fee = 300000
    f19_fee = 254990
    
    # Do math calculation to get the answer
    answer = f20_fee - f19_fee
    
    return answer

Answer: 45010
|Year ended December 31,||||
|(dollars in millions)|2019|2018|2017|
|Entertainment and Communications||||
|Products and services transferred at a point in time|$31.7|$25.3|$20.6|
|Products and services transferred over time|942.4|805.8|664.3|
|Intersegment revenue|21.6|22.3|21.2|
|Total Entertainment and Communications|995.7|853.4|706.1|
|IT Services and Hardware||||
|Products and services transferred at a point in time|138.7|142.9|80.8|
|Products and services transferred over time|423.9|404.2|300.0|
|Intersegment revenue|4.8|3.8|4.3|
|Total IT Services and Hardware|567.4|550.9|385.1|
|Total Revenue||||
|Total products and services transferred at a point in time|170.4|168.2|101.4|
|Total products and services transferred over time|1,366.3|1210.0|964.3|
|Total revenue|$1,536.7|$1,378.2|$1,065.7|
 In the first quarter of 2019, the Company determined that certain revenue in the IT Services and Hardware segment associated with nonrecurring projects is better aligned with Infrastructure Solutions, rather than Consulting, where it was previously reported.  As a result, the Company reclassed revenue of $26.6 million and $12.3 million from Consulting to Infrastructure Solutions for the twelve months ended December 31, 2018 and 2017, respectively.  This reclassification of revenue had no impact on the Consolidated Statements of Operations The following table presents revenues disaggregated by contract type


Question: What is the total IT services and hardware between 2017 to 2019 if the 2017 is half its current value? (in million)

Python solution:
def solution():
    # Define variables name and value
    IT_services_hardware_2019 = 567.4
    IT_services_hardware_2018 = 550.9
    IT_services_hardware_2017 = 385.1
    
    # Do math calculation to get the answer
    answer = IT_services_hardware_2019 + IT_services_hardware_2018 + (IT_services_hardware_2017 / 2)
    
    return answer

Answer: 1310.85
||Amortized Cost|Unrealized Gains|Unrealized Losses|Fair Value|
|Current assets:|||||
|Cash|$67,818|$—|$—|$67,818|
|Cash equivalents:|||||
|Money market funds|126,075|—|—|126,075|
|Corporate bonds|1,000|—|—|1,000|
|Agency bonds|6,485|1|—|6,486|
|Commercial paper|9,609|—|(1)|9,608|
|Certificates of deposit|171|—|—|171|
|US treasury securities|4,749|—|—|4,749|
|Total cash equivalents|148,089|1|(1)|148,089|
|Total cash and cash equivalents|215,907|1|(1)|215,907|
|Short-term investments:|||||
|Corporate bonds|103,130|110|(7)|103,233|
|Agency bonds|3,966|2|—|3,968|
|US treasury securities|50,703|62|(1)|50,764|
|Commercial paper|23,827|1|—|23,828|
|Certificates of deposit|3,936|2|(1)|3,937|
|Asset-backed securities|15,837|12|—|15,849|
|Total short-term investments|201,399|189|(9)|201,579|
|Long-term investments:|||||
|Corporate bonds|19,407|12|(4)|19,415|
|US treasury securities|19,300|25|—|19,325|
|Asset-backed securities|11,693|10|(1)|11,702|
|Strategic investments|9,750|—|—|9,750|
|Total long-term investments|$60,150|$47|$(5)|$60,192|
 5. INVESTMENTS Investments in Marketable Securities The Company’s investments in available-for-sale marketable securities are made pursuant to its investment policy, which has established guidelines relative to the diversification of the Company’s investments and their maturities, with the principal objective of capital preservation and maintaining liquidity sufficient to meet cash flow requirements. The following is a summary of investments, including those that meet the definition of a cash equivalent, as of December 31, 2019 (in thousands):


Question: What percentage of total unrealised gains for short-term investments would consist of US treasury securities if total unrealised gains for short-term investments were 200 thousands instead without change to unrealised gains in US treasury securities? (in percent)

Python solution:
def solution():
    # Define variables name and value
    unrealized_gains_us_treasury_securities = 62
    total_unrealized_gains_short_term_investments = 200
    
    # Do math calculation to get the answer
    answer = (unrealized_gains_us_treasury_securities / total_unrealized_gains_short_term_investments) * 100
    
    return answer

Answer: 31
|||Fiscal Year Ended||
||December 27, 2019 |December 28, 2018 |December 29, 2017|
|Net income per share:||||
|Basic|$0.82|$0.71|$0.55|
|Diluted|$0.81|$0.70|$0.54|
|Weighted average common shares:||||
|Basic|29,532,342|28,703,265|26,118,482|
|Diluted|30,073,338|29,678,919|27,424,526|
 Note 3 – Net Income per Share The following table sets forth the computation of basic and diluted earnings per share:


Question: What would be the change in net income per diluted share between 2018 and 2019 if the value in 2019 was $0.75 instead?

Python solution:
def solution():
    # Define variables name and value
    net_income_per_diluted_share_2019 = 0.75
    net_income_per_diluted_share_2018 = 0.70
    
    # Do math calculation to get the answer
    answer = net_income_per_diluted_share_2019 - net_income_per_diluted_share_2018
    
    return answer

Answer: 0.05
|||Year Ended December 31,||
||2019|2018|2017|
||$|$|$|
|Realized gains (losses) on maturity and/or partial termination of cross currency swap|—|(42,271)|(25,733)|
|Realized losses|(5,062)|(6,533)|(18,494)|
|Unrealized (losses) gains|(13,239)|21,240|82,668|
|Total realized and unrealized (losses) gains on cross currency swaps|(18,301)|(27,564)|38,441|
 Realized and unrealized losses of the cross currency swaps are recognized in earnings and reported in foreign exchange (loss) gain in the consolidated statements of loss. The effect of the gains (losses) on cross currency swaps on the consolidated statements of loss is as follows: The Company is exposed to credit loss to the extent the fair value represents an asset in the event of non-performance by the counterparties to the foreign currency forward contracts, and cross currency and interest rate swap agreements; however, the Company does not anticipate non-performance by any of the counterparties. In order to minimize counterparty risk, the Company only enters into derivative transactions with counterparties that are rated A- or better by Standard & Poor’s or A3 or better by Moody’s at the time of the transaction. In addition, to the extent possible and practical, interest rate swaps are entered into with different counterparties to reduce concentration risk. (all tabular amounts stated in thousands of U.S. dollars, other than share data and unless otherwise indicated)


Question: If Realized gains (losses) on maturity and/or partial termination of cross currency swap in 2019 was -50,000 thousands, what would be the change from 2018 to 2019? (in thousand)

Python solution:
def solution():
    # Define variables name and value
    realized_gains_losses_2019 = -50000
    realized_gains_losses_2018 = -42271
    
    # Do math calculation to get the answer
    answer = realized_gains_losses_2019 - realized_gains_losses_2018
    
    return answer

Answer: -7729
||2019|2018|
||€m|€m|
|Cash at bank and in hand|2,434|2,197|
|Repurchase agreements and bank deposits|2,196|–|
|Money market funds1|9,007|2,477|
|Cash and cash equivalents as presented in the statement of financial position|13,637|4,674|
|Bank overdrafts|(32)|(7)|
|Cash and cash equivalents of discontinued operations|–|727|
|Cash and cash equivalents as presented in the statement of cash flows|13,605|5,394|
 19. Cash and cash equivalents The majority of the Group’s cash is held in bank deposits or money market funds which have a maturity of three months or less to enable us to meet our short-term liquidity requirements. Accounting policies Cash and cash equivalents comprise cash in hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of changes in value. Assets in money market funds, whose contractual cash flows do not represent solely payments of interest and principal, are measured at fair value with gains and losses arising from changes in fair value included in net profit or loss for the period. All other cash and cash equivalents are measured at amortised cost. Note: 1 Items are measured at fair value and the valuation basis is level 1 classification, which comprises financial instruments where fair value is determined by unadjusted quoted prices in active markets. The carrying amount of balances at amortised cost approximates their fair value. Cash and cash equivalents of €1,381 million (2018: €1,449 million) are held in countries with restrictions on remittances but where the balances could be used to repay subsidiaries’ third party liabilities.


Question: What would be the average money market funds if 2018 money market funds was 3,000 €m? (in million)

Python solution:
def solution():
    # Define variables name and value
    money_market_funds_2019 = 9007
    money_market_funds_2018 = 3000
    
    # Do math calculation to get the answer
    answer = (money_market_funds_2019 + money_market_funds_2018) / 2
    
    return answer

Answer: 6003.5