FangyuLei/tatqa huggingface dataset:
2019
2018
2018-2019 Dollar Change
(in millions)
(in millions)
(in millions)
Products revenues
$1,887.7
$1,729.6
$158.1
Services revenues
407.3
371.2
36.1
$2,295.0
$2,100.8
$194.2
the breakout of product and service revenues was as follows : .
our product revenues increased $ 158 .
1 million or 9 % in 2019 from 2018 primarily due to higher sales in semiconductor test of testers for 5g infrastructure and image sensors higher sales in storage test of 3 .
5 ” hard disk drive testers and higher demand in industrial automation partially offset by a decrease in sales in semiconductor test automotive and analog test segments .
service revenues increased $ 36 .
1 million or 10 % .
in 2019 and 2018 no single direct customer accounted for more than 10 % of our consolidated revenues .
in 2019 and 2018 our five largest direct customers in aggregate accounted for 27 % and 27 % of our consolidated revenues respectively .
we estimate consolidated revenues driven by huawei technologies co .
ltd .
- “ huawei ” combining direct sales to that customer with sales to the customer ’ s osats accounted for approximately 11 % and 4 % of our consolidated revenues in 2019 and 2018 respectively .
we estimate consolidated revenues driven by another oem customer combining direct sales to that customer with sales to the customer ’ s osats accounted for approximately 10 % and 13 % of our consolidated revenues in 2019 and 2018 respectively .

Question: What was the change in product revenues?
Answer: $158.1 million
Total  
Less than
1 Year
1-3 years    
3-5 years  
More than
5 years
Contractual Obligations:                        
Debt obligations
$180,500
$9,500
$28,500
$142,500
$—
Interest on debt obligations  
25,582
8,333
14,952
2,297
—
Inventory unconditional purchase obligations
51,241
51,241
—
—
—
Contractual commitments
94,000
23,500
47,000
23,500
—
Non-cancellable operating lease obligations
104,678
22,733
41,854
23,804
16,287
Deferred payments for an acquisition
15,000
4,000
8,000
3,000
—
Contingent consideration for an acquisition
6,298
4,236
2,013
49
—
Other liabilities  
379
124
249
6
—
Total contractual cash obligations 
$477,678
$123,667
$142,568
$195,156
$16,287
contractual obligations .
the following summarizes our contractual obligations at june 30 2019 and the effect such obligations are expected to have on our liquidity and cash flow in future periods -in thousands : .
the contractual obligations referenced above are more specifically defined as follows : .
debt obligations relate to amounts owed under our credit agreement .
inventory unconditional purchase obligations represent the purchase of long lead-time component inventory that our contract manufacturers procure in accordance with our forecast .
we expect to honor the inventory purchase commitments within the next 12 months .
contractual commitments to suppliers for future services .
deferred payments represent data center business consideration obligation of $ 1 .
0 million per quarter .
contingent consideration for the capital financing business acquisition at fair value .
actual payments could be different .
non-cancelable operating lease obligations represent base rents and operating expense obligations .
other liabilities include our commitments towards debt related fees and specific arrangements other than inventory .
the amounts in the table above exclude immaterial income tax liabilities related to uncertain tax positions as we are unable to reasonably estimate the timing of the settlement .
we did not have any material commitments for capital expenditures as of june 30 2019 .

Question: What was the difference in the total between Deferred payments for an acquisition and Contingent consideration for an acquisition?
Answer: 8702
£m – including Group’s share of joint ventures
Group 2019
Group 2018
Total borrowings
4,916.8
5,331.0
Cash and cash equivalents
(223.0)
(274.3)
Net debt
4,693.8
5,056.7
Less Metrocentre compound financial instrument
(195.4)
(189.5)
Net external debt
4,498.4
4,867.2
Analysed as:
Debt including Group’s share of joint ventures
4,721.4
5,141.5
Cash including Group’s share of joint ventures
(223.0)
(274.3)
Net external debt
4,498.4
4,867.2
capital structure .
the group seeks to enhance shareholder value both by investing in the business so as to improve the return on investment and by managing the capital structure .
the capital of the group consists of equity debt and a compound financial instrument .
the group aims to access both debt and equity capital markets with maximum efficiency and flexibility .
the key metrics used to monitor the capital structure of the group are net external debt debt to assets ratio and interest cover .
the group ’ s stated medium to long-term preference is for the debt to assets ratio to be within the 40 – 50 per cent range and interest cover to be greater than 1 .
60x .
the debt to assets ratio has increased to 67 .
8 per cent in the year due to the deficit on property revaluation .
as part of the revised strategy the group is looking to reduce net external debt as well as reduce the debt to assets ratio to below 50 per cent .
additional information on the group ’ s revised strategy is provided in the chief executive ’ s review on pages 6 to 8 .
the interest cover ratio continues to be above the preferred level .
as the group ’ s debt is sometimes secured on its interests in joint ventures these metrics are monitored for the group including share of joint ventures .
additional information including reconciliations from the relevant ifrs amounts to those including the group ’ s share of joint ventures as presented below is provided in presentation of information on pages 157 to 161 .
– net external debt .

Question: What is the Net debt in 2019?
Answer: 4,693.8
CONSOLIDATED CONSOLIDATED
2019 $’000
2018 $’000
Trade receivables
6,165
4,952
Allowance for credit losses
-
(15)
Contract assets
16,824
23,773
22,989
28,710
The ageing analysis of trade rec The ageing analysis of trade receivables is as follows:
Current
4,967
4,408
Past due 1 – 30 days
1,024
291
Past due 31 – 90 days
130
108
Past due 90+ days
44
130
6,165
4,937
3 .
3 trade receivables and contract assets .
recognition and measurement .
all trade and other receivables recognised as current assets are due for settlement within no more than 30 days for marketing fees and within one year for trail commission .
trade receivables are measured on the basis of amortised cost .
it is the group ’ s policy that all key partners who wish to trade on credit terms are subject to credit verification procedures .
allowance for credit losses .
iselect applies the simplified approach and records lifetime expected losses on all trade receivables and contract assets .
as a consequence we do not track changes in credit risk but recognise a loss allowance based on lifetime expected credit loss at each reporting date .
iselect calculates its provision utilising historical credit loss experience adjusted for other relevant factors i .
e .
aging of receivables credit rating of the debtor etc .
debts that are known to be uncollectable are written off when identified .
if an impairment allowance has been recognised for a debt that becomes uncollectable the debt is written off against the provision .
if an amount is subsequently recovered it is credited against profit or loss .
as at 30 june 2019 expected credit losses are not considered material .
contract assets .
contract assets are initially recognised for revenue earned from comparison purchase support and referral services as receipt of consideration is conditional on successful completion of a purchase between the customers and the product providers .
upon completion of sale and acceptance by the customer and the provider invoices are issued to the provider for the amount receivable .
these amounts invoiced are reclassified from contract assets to trade receivables .
the trade receivable balance represents the group ’ s unconditional right to receive the cash .
key estimates – allowance for credit losses .
we apply management judgement to estimate the expected credit losses for trade receivables and contract assets .
expected credit losses are assessed on an ongoing basis .
financial difficulties of the debtor probability of default delinquency in payments and credit ratings are utilised in this assessment .

Question: How does the Company calculate its provision?
Answer: utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc.
Payable in the year ending 31 March:
2019 £m
2018 £m
2019
-
600
2020
755
550
2021
641
513
2022
599
486
2023
555
463
2024
512
449
Thereafter
3,557
3,536
Total future minimum operating lease payments
6,619
6,597
future minimum operating lease payments were as follows : .
operating lease commitments were mainly in respect of land and buildings which arose from a sale and operating leaseback transaction in 2001 .
leases have an average term of 13 years -2017 / 18 : 14 years and rentals are fixed for an average of 13 years -2017 / 18 : 14 years .
other than as disclosed below there were no contingent liabilities or guarantees at 31 march 2018 other than those arising in the ordinary course of the group ’ s business and on these no material losses are anticipated .
we have insurance cover to certain limits for major risks on property and major claims in connection with legal liabilities arising in the course of our operations .
otherwise the group generally carries its own risks .

Question: What was the difference in the payables in year 31 March 2019 for 2018 and 2019?
Answer: 600
Amortized Cost
Fair Value
Due in one year or less
$ 591
$ 589
Due after one year through five years
644
642
Due after five years through ten years
455
452
$ 1,690
$ 1,683
the following table presents the contractual maturities of our debt investments as of april 26 2019 -in millions : .
actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations .

Question: What was the amortized cost that was due in one year or less as a ratio of the fair value for the same period?
Answer: 1
For the year ended March 31, 2019
For the year ended March 31, 2019
Income Statement
As reported
Balances without adoption of New Revenue Standard
Effect of Change Higher / (Lower)
Net sales
$5,349.5
$5,380.1
$(30.6)
Cost of sales
$2,418.2
$2,434.0
$(15.8)
Gross profit
$2,931.3
$2,946.1
$(14.8)
Income before income taxes
$204.5
$219.3
$(14.8)
Income tax (benefit) provision
$(151.4)
$(149.0)
$(2.4)
Net income from continuing operations
$355.9
$368.3
$(12.4)
recently adopted accounting pronouncements .
on april 1 2018 the company adopted asu 2014-09-revenue from contracts with customers -asc 606 and all related amendments - “ new revenue standard ” using the modified retrospective method .
the company has applied the new revenue standard to all contracts that were entered into after adoption and to all contracts that were open as of the initial date of adoption .
the company recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings .
the comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods .
the adoption of the new standard impacts the company ' s net sales on an ongoing basis depending on the relative amount of revenue sold through its distributors the change in inventory held by its distributors and the changes in price concessions granted to its distributors .
previously the company deferred revenue and cost of sales on shipments to distributors until the distributor sold the product to their end customer .
as required by the new revenue standard the company no longer defers revenue and cost of sales but rather estimates the effects of returns and allowances provided to distributors and records revenue at the time of sale to the distributor .
sales to non-distributor customers under both the previous and new revenue standards are generally recognized upon the company ’ s shipment of the product .
the cumulative effect of the changes made to the consolidated april 1 2018 balance sheet for the adoption of the new revenue standard is summarized in the table of opening balance sheet adjustments below .
in accordance with the new revenue standard requirements the disclosure of the impact of adoption on the consolidated income statement and balance sheet for the period ended march 31 2019 was as follows -in millions : .
the significant changes in the financial statements noted in the table above are primarily due to the transition from sellthrough revenue recognition to sell-in revenue recognition as required by the new revenue standard which eliminated the balance of deferred income on shipments to distributors significantly reduced accounts receivable and significantly increased retained earnings .
prior to the acquisition of microsemi microsemi already recognized revenue on a sell-in basis so the impact of the adoption of the new revenue standard was primarily driven by microchip ' s historical business excluding microsemi .

Question: What was the difference in amount as reported between net sales and cost of sales?
Answer: 2931.3
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 are the respective gross profit in 2018 and 2019?
Answer: 6,334 5,905
December 31,
December 31,
2019
2018
Recipes
$ 44
$ 44
Customer lists and other customer related intangibles
4,529
4,529
Customer relationships
985
985
Trade names
2,248
2,248
Formula
438
438
8,244
8,244
Accumulated amortization
(8,092 )
(7,900 )
Intangible assets, net
$ 152
$ 344
finite-lived intangible assets .
other intangible assets net consisted of the following : .
the remaining $ 152 of intangible asset at december 31 2019 is expected to be amortized in 2020 .

Question: What is the change in the value of customer relationships between 2018 and 2019?
Answer: 0
Year Ended March 31, 
Year Ended March 31, 
Year Ended March 31, 
2019
2018
2017
(In thousands)
(In thousands)
(In thousands)
Unrecognized tax benefits, beginning of period
$2,735
$2,714
$2,055
Additions based on tax positions related to current year
371
520
730
Additions based on tax positions related to prior years
13
—
—
2017 Tax Act and tax rate re-measurement  
—
(499)
—
Reductions based on tax positions related to prior years  
(17)
—
—
Lapses during the current year applicable to statutes of limitations  
—
—
(71)
Unrecognized tax benefits, end of period
$3,102
$2,735
$2,714
the long-term portion of the company ’ s unrecognized tax benefits at march 31 2019 and 2018 was $ 622000 and $ 619000 respectively of which the timing of the resolution is uncertain .
as of march 31 2019 and 2018 $ 2 .
5 million and $ 2 .
1 million respectively of unrecognized tax benefits had been recorded as a reduction to net deferred tax assets .
as of march 31 2019 the company ’ s net deferred tax assets of $ 6 .
7 million are subject to a valuation allowance of $ 6 .
7 million .
it is possible however that some months or years may elapse before an uncertain position for which the company has established a reserve is resolved .
a reconciliation of unrecognized tax benefits is as follows : .
the unrecognized tax benefit balance as of march 31 2019 of $ 599000 would affect the company ’ s effective tax rate if recognized .

Question: What was the Unrecognized tax benefits, beginning of period in 2019?
Answer: $2,735
2019
2018
Weighted average fair value per option granted
$2.34
$2.13
Weighted average share price
$58
$57
Weighted average exercise price
$58
$56
Expected dividend growth
5%
5%
Expected volatility
14%
12%
Risk-free interest rate
2%
2%
Expected life (years)
4
4
assumptions used in stock option pricing model .
the fair value of options granted was determined using a variation of a binomial option pricing model that takes into account factors specific to the share incentive plans such as the vesting period .
the following table shows the principal assumptions used in the valuation .
expected dividend growth is commensurate with bce ’ s dividend growth strategy .
expected volatility is based on the historical volatility of bce ’ s share price .
the risk-free rate used is equal to the yield available on government of canada bonds at the date of grant with a term equal to the expected life of the options .

Question: What is expected volatility based on?
Answer: the historical volatility of BCE’s share price
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
% Change vs.Prior Year
% Change vs.Prior Year
% Change vs.Prior Year
% Change vs.Prior Year
% Change vs.Prior Year
2019
2019
2018
2017
2019
2018
Hardware Revenue (Pre ASC 606 Adoption)
$44,972
$49,914
$43,190
-10%
16%
Cost of hardware
-32,455
-35,947
- 32,205
-10%
12%
Hardware Revenue, net (Post ASC 606 Adoption)
$12,517
$13,967
$ 10,985
-10%
27%
hardware .
hardware sales net decreased $ 1 .
5 million or -10 % in 2019 compared to 2018 .
we adopted the new asc 606 standard as of january 1 2018 and elected to use the modified retrospective method .
historical hardware sales prior to the adoption of asc 606 were recorded on a gross basis as we were the principal in the transaction in accordance with the previous standard asc 605-45 .
under the new standard we are an agent in the transaction as we do not physically control the hardware which we sell .
accordingly starting january 1 2018 we recognize our hardware revenue net of related cost which reduces both hardware revenue and cost of sales as compared to our accounting prior to 2018 .
for comparison purposes only had we implemented asc 606 using the full retrospective method we would have also presented hardware revenue net of cost for prior periods as shown below .
the majority of hardware sales are derived from our americas segment .
sales of hardware are largely dependent upon customer- specific desires which fluctuate .

Question: What is the change in hardware revenue (Pre ASC 606 Adoption) in 2019 and 2018?
Answer: -4942
€ thousands
2019
2018
Christian Klein (Co-CEO from 10/10/2019)
1,925
442.2
Jennifer Morgan (Co-CEO from 10/10/2019)
2,894
796.1
Robert Enslin (until 4/5/2019)
3,480
727.0
Adaire Fox-Martin
2,667
796.1
Michael Kleinemeier
3,253
914.2
Bernd Leukert (until 3/31/2019)
8,606
775.2
Bill McDermott (CEO until 10/10/2019, Executive Board member until 11/15/2019)
14,689
2,155.8
Luka Mucic
3,391
675.8
Jürgen Müller (from 1/1/2019)
768
-
Stefan Ries
2,646
772.0
Thomas Saueressig (from 11/1/2019)
128
-
Total
44,446.5
8,054.4
total expense for share-based payment .
total expense for the share-based payment plans of executive board members was determined in accordance with ifrs 2 -share- based payments and consists exclusively of obligations arising from executive board activities .

Question: What is the total amount of expense for share-based payment in 2019?
Answer: 44,446.5
June 30,
2019
June 30,
2018
Cash 
$169,607
$121,139
Marketable securities  
—
1,459
Total cash and marketable securities
$169,607
$122,598
liquidity and capital resources .
the following summarizes information regarding our cash investments and working capital -in thousands : .
cash was $ 169 .
6 million at june 30 2019 representing an increase of $ 48 .
5 million from $ 121 .
1 million at june 30 2018 .
cash increased primarily due to cash provided by operations of $ 104 .
9 million partially offset by cash used in investing activities of $ 21 .
8 million mainly for capital expenditures and cash used in financing activities of $ 34 .
4 million mainly as a result of repayments of debt and repurchases of stock .
cash was $ 121 .
1 million at june 30 2018 representing a decrease of $ 9 .
3 million from $ 130 .
5 million at june 30 2017 .
cash and cash equivalents decreased primarily due to cash used in investing activities of $ 132 .
5 million mainly for the acquisitions of the campus fabric and data center businesses and capital expenditures partially offset by cash provided by financing activities of $ 104 .
7 million as a result of additional borrowings for the acquisitions and cash provided by operations of $ 19 .
0 million .

Question: What was the percentage change in Total cash and marketable securities between 2018 and 2019?
Answer: 38.34
Foreign exchange forward contracts
Foreign exchange forward contracts
Foreign exchange forward contracts
2019
< 1 year
1–3 years
Total
Notional Amount (USD millions)
517
176
693
Average forward rate (SEK/USD)
9.13
8.92
–
the company is holding the following currency derivatives designated as hedging instruments : .
hedge ratio is 1 : 1 and changes in forward rate have been designated as the hedged risk .
the change in the fair value of the hedging instrument is compared with the change in fair value of the hedged item and the lower amount is taken to oci .
if the change in fair value of the hedging instrument is higher then the excess change in fair value is considered ineffective hedging and recorded in net foreign exchange gains and losses .
upon recognition of the hedged net sales the cumulative amount in hedging reserve is released in the oci as a reclassification adjustment and recognized in net sales .
see note e1 “ equity ” for movement in the cash flow hedge reserve .
no hedged net sales were recognized in 2019 hence no amount was released from hedging reserve in the oci .
no hedge ineffectiveness was recognized in the income statement in 2019 .

Question: What is the percentage constitution of the notional amount of foreign exchange forward contracts that are less than a year among the total notional amount?
Answer: 74.6
Years ended December 31,
Years ended December 31,
2019
2018
(in thousands)
(in thousands)
Monthly Recurring Revenue
$53,898
$40,932
Gross Merchandise Volume
$61,138,457
$41,103,238
key performance indicators .
key performance indicators which we do not consider to be non-gaap measures that we use to evaluate our business measure our performance identify trends affecting our business formulate financial projections and make strategic decisions include monthly recurring revenue - " mrr " and gross merchandise volume - " gmv " .
our key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies .
the following table shows mrr and gmv for the years ended december 31 2019 and 2018 .

Question: Which financial years' information is shown in the table?
Answer: 2018 2019