FangyuLei/tatqa huggingface dataset:
2019
2018
2019
2018
€m
€m
INRm
INRm
Net exposure
468.9
555.7
5,072.4
6,274.5
Foreign exchange rate
1.1825
1.1126
94.4586
88.3432
27 financial risk management -continued .
the table below summarises the group ’ s exposure to foreign exchange risk as well as the foreign exchange rates applied : .
the approximate impact of a 10 per cent appreciation in foreign exchange rates would be a positive movement of £ 50 .
0 million -2018 : £ 63 .
4 million to equity attributable to owners of the group .
the approximate impact of a 10 per cent depreciation in foreign exchange rates would be a negative movement of £ 40 .
9 million -2018 : £ 51 .
9 million to equity attributable to owners of the group .
there is no material income statement impact as these exchange differences are recognised in other comprehensive income .
as part of the strategy to mitigate the group ’ s exposure to foreign exchange risk the group is able to borrow part of its rcf in euros up to € 100 million .
the rcf borrowings denominated in euros have been designated as a hedging instrument -net investment hedge against the group ’ s net investment in spain with the hedged risk being the changes in the euro / pounds sterling spot rate that will result in changes in the value of the group ’ s net investments in spain .
at 31 december 2019 € 100 million -2018 : € 100 million was drawn in euros .

Question: What is the change in the positive movement of money to equity attributable to owners of the Group when there is a 10 per cent appreciation in foreign exchange rates from 2018 to 2019?
Answer: -13.4
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Transaction Volume
Dollars (in millions)
$5,954
$5,030
$3,767
Percentage increase
18%
34%
Loan Servicing Portfolio
Dollars (in millions, at end of period)
$9,150
$7,341
$5,390
Percentage increase
25%
36%
Active Merchants
Number (at end of period)
17,216
14,907
10,891
Percentage increase
15%
37%
Cumulative Consumer Accounts
Number (in millions, at end of period)
3.03
2.24
1.57
Percentage increase
35%
43%
item 7 .
management ' s discussion and analysis of financial condition and results of operations -united states dollars in thousands except per share data and unless otherwise indicated .
business metrics .
we review a number of operating and financial metrics to evaluate our business measure our performance identify trends formulate plans and make strategic decisions including the following .
transaction volume .
we define transaction volume as the dollar value of loans facilitated on our platform during a given period .
transaction volume is an indicator of revenue and overall platform profitability and has grown substantially in the past several years .
loan servicing portfolio .
we define our loan servicing portfolio as the aggregate outstanding consumer loan balance -principal plus accrued interest and fees serviced by our platform at the date of measurement .
our loan servicing portfolio is an indicator of our servicing activities .
the average loan servicing portfolio for the years ended december 31 2019 2018 and 2017 was $ 8213 million $ 6303 million and $ 4501 million respectively .
active merchants .
we define active merchants as home improvement merchants and healthcare providers that have submitted at least one consumer application during the twelve months ended at the date of measurement .
because our transaction volume is a function of the size engagement and growth of our merchant network active merchants in aggregate are an indicator of future revenue and profitability although they are not directly correlated .
the comparative measures can also be impacted by disciplined corrective action taken by the company to remove merchants from our program who do not meet our customer satisfaction standards .
cumulative consumer accounts .
we define cumulative consumer accounts as the aggregate number of consumer accounts approved on our platform since our inception including accounts with both outstanding and zero balances .
although not directly correlated to revenue cumulative consumer accounts is a measure of our brand awareness among consumers as well as the value of the data we have been collecting from such consumers since our inception .
we may use this data to support future growth by cross-marketing products and delivering potential additional customers to merchants that may not have been able to source those customers themselves .

Question: How did the company define Active Merchants?
Answer: home improvement merchants and healthcare providers that have submitted at least one consumer application during the twelve months ended at the date of measurement
2019
2018
2018-2019 Change
(in millions)
(in millions)
(in millions)
Semiconductor Test
$417.0
$397.6
$19.4
System Test
93.5
48.9
44.6
Wireless Test
35.6
29.1
6.5
Industrial Automation
(5.9)
7.7
(13.6)
Corporate and Other (1)
(14.4)
(15.4)
1.0
$525.8
$467.8
$58.0
income -loss before income taxes .
-1 included in corporate and other are the following : contingent consideration adjustments investment impairment pension and postretirement plans actuarial -gains and losses interest -income and expense net foreign exchange -gains and losses intercompany eliminations and acquisition related charges .
the increase in income before income taxes in semiconductor test from 2018 to 2019 was driven primarily by an increase in semiconductor tester sales for 5g infrastructure and image sensors partially offset by a decrease in sales in the automotive and analog test segments .
the increase in income before income taxes in system test from 2018 to 2019 was primarily due to higher sales in storage test of 3 .
5 ” hard disk drive testers higher sales in defense / aerospace test instrumentation and systems and higher sales in production board test from higher 5g demand .
the increase in income before income taxes in wireless test from 2018 to 2019 was primarily due to higher demand for millimeter wave and cellular test products driven by new wireless standards and 5g partially offset by lower sales in connectivity test products and services .
the decrease in income before income taxes in industrial automation from 2018 to 2019 was due primarily to higher sales and marketing and engineering spending .

Question: In which year was the amount for Wireless Test the largest?
Answer: 2019
(In thousands)
2019
2018
Balance at beginning of period
$185
$205
Plus: Amounts charged to cost and expense
6,014
7,261
Less: Amounts paid
(4,631)
(7,281)
Balance at end of period
$1,568
$185
note 18 – restructuring .
during the second half of 2019 the company implemented a restructuring plan to realign its expense structure with the reduction in revenue experienced in recent years and overall company objectives .
management assessed the efficiency of our operations and consolidated locations and personnel among other things where possible .
as part of this restructuring plan the company announced plans to reduce its overall operating expenses both in the u .
s and internationally .
in february 2019 the company announced the restructuring of certain of our workforce predominantly in germany which included the closure of our office location in munich germany accompanied by relocation or severance benefits for the affected employees .
we also offered voluntary early retirement to certain other employees which was announced in march 2019 .
in january 2018 the company announced an early retirement incentive program for employees that met certain defined requirements .
the cumulative amount incurred during the year ended december 31 2018 related to this restructuring program was $ 7 .
3 million .
we did not incur any additional expenses related to this restructuring program during the year ended december 31 2019 .
a reconciliation of the beginning and ending restructuring liability which is included in accrued wages and benefits in the consolidated balance sheets as of december 31 2019 and 2018 is as follows : .

Question: What was the change in the balance at the beginning of the period and end of the period in 2019?
Answer: 1383
Fiscal Years Ended March 31,
Fiscal Years Ended March 31,
Fiscal Years Ended March 31,
2019
2018
2017
Domestic (U.S.) (1)
$95,639
$141,582
$(67)
Foreign (Outside U.S.) (1)
74,792
45,485
9,875
Total (1)
$170,431
$187,067
$9,808
note 11 : income taxes .
the components of income before income taxes and equity income -loss from equity method investments are as follows -amounts in thousands : .
-1 fiscal years ended march 31 2018 and 2017 adjusted due to the adoption of asc 606 .

Question: What was the change in Foreign income between 2017 and 2018?
Answer: 35610
Preliminary: September 10, 2019
Measurement Period Adjustments
Preliminary: December 31, 2019
Accounts and other receivable, net
$  128,221
$  -
$  128,221
Inventories
140,678
(900)
139,778
Property and equipment
65,016
(1,984)
63,032
Operating lease right-of-use assets
60,217
(144)
60,073
Goodwill
143,262
(30,222)
113,040
Intangible assets
125,000
(1,000)
124,000
Deferred income tax assets
14,767
(14,767)
—
Other assets
61,511
2,507
64,018
Total assets acquired
738,672
(46,510)
692,162
Accounts payable
144,652
50
144,702
Operating lease liability
59,634
477
60,111
Pension liability
48,494
192
48,686
Deferred income tax liabilities
37,218
(31,372)
5,846
Other liabilities
80,876
(9,312)
71,564
Total liabilities assumed
370,874
(39,965)
330,909
Total fair value of net assets acquired
$367,798
$  (6,545)
$361,253
advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts .
the following table summarizes the estimated preliminary fair values of the assets acquired and liabilities assumed from the acquisition in 2019 : .

Question: What was the Preliminary fair value of inventories in September 10, 2019?
Answer: 140,678
2019 Fair value
2019 Carrying value
2018 Carrying value
2018 Fair value
£m
£m
£m
£m
Financial assets:
Cash and cash equivalents
168.5
168.5
187.1
187.1
Trade, other receivables and contract assets
263.4
263.4
264.9
264.9
Total financial assets
431.9
431.9
452.0
452.0
fair values of financial assets and financial liabilities .
fair values of financial assets and liabilities at 31st december 2019 are not materially different from book values due to their size or the fact that they were at short-term rates of interest .
fair values have been assessed as follows : .
• derivatives forward exchange contracts are marked to market by discounting the future contracted cash flows using readily available market data .
• interest-bearing loans and borrowings fair value is calculated based on discounted expected future principal and interest cash flows .
• lease liabilities the fair value is estimated as the present value of future cash flows discounted at the incremental borrowing rate for the related geographical location unless the rate implicit in the lease is readily determinable .
• trade and other receivables / payables for receivables / payables with a remaining life of less than one year the notional amount is deemed to reflect the fair value .
the following table compares amounts and fair values of the group ’ s financial assets and liabilities : .
there are no other assets or liabilities measured at fair value on a recurring or non-recurring basis for which fair value is disclosed .
derivative financial instruments are measured at fair value .
fair value of derivative financial instruments are calculated based on discounted cash flow analysis using appropriate market information for the duration of the instruments .

Question: Why are the fair values of financial assets and liabilities at 2019 not materially different from book values?
Answer: due to their size or the fact that they were at short-term rates of interest
December 31,
December 31,
December 31,
2019
2019
2018
Computer equipment and purchased software
$3,011
$3,167
Machinery and equipment
699
821
Furniture and fixtures
1,115
1,113
Leasehold improvements (1)
3,897
3,897
Total
8,722
8,998
Less accumulated depreciation and amortization (1)
(7,496)
(6,655)
Property and equipment, net
$1,226
$2,343
property and equipment .
property and equipment are as follows -in thousands : .
-1 in the fourth quarter 2019 the company announced its decision to exit the san jose california facility - “ sj facility ” by march 31 2020 .
the company accelerated the amortization of its sj facility leasehold improvements over the remaining estimated life which is estimated to be through march 31 2020 .
as of december 31 2019 the net book value of the sj facility leasehold improvements was $ 0 .
9 million and will be fully amortized by march 31 2020 .

Question: What was the net book value of SJ Facility leasehold improvements in 2019?
Answer: $0.9 million
Year ended December 31, 2019
Year ended December 31, 2018
Year ended December 31, 2017
Income tax benefit (expense) computed at statutory rate
(297)
(353)
(238)
Non-deductible and non-taxable permanent differences, net
4
45
17
Income (loss) on equity-method investments
—
—
—
Valuation allowance adjustments
2
141
92
Effect on deferred taxes of changes in enacted tax rates
14
(62)
(70)
Current year credits
50
43
40
Other tax and credits
(51)
(20)
(36)
Benefits from tax holidays
129
135
114
Net impact of changes to uncertain tax positions
(5)
(16)
(43)
Earnings of subsidiaries taxed at different rates
(2)
(9)
(19)
Income tax benefit (expense)
(156)
(96)
(143)
the tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions .
the effect of the tax benefits from tax holidays for countries which are profitable on basic earnings per share was $ 0 .
14 $ 0 .
15 and $ 0 .
13 for the years ended december 31 2019 2018 and 2017 respectively .
these agreements are present in various countries and include programs that reduce up to and including 100 % of taxes in years affected by the agreements .
the company ’ s tax holidays expire at various dates through the year ending december 31 2028 .
in certain countries tax holidays can be renewed depending on the company still meeting certain conditions at the date of expiration of the current tax holidays .
in may 2019 switzerland voted a tax reform which cancelled all favourable tax regimes and introduced a single tax rate for all companies which triggered the revaluation of all deferred tax assets and liabilities .
enactment of this law occurred in third quarter of 2019 which resulted in a tax benefit of $ 20 million .
the remeasurement of deferred taxes was reconciled in the fourth quarter of 2019 to include the current year activity which did not have a material impact on the net remeasurement .

Question: What is tax holidays?
Answer: The tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions.
Three Months Ended
Three Months Ended
Three Months Ended
December 31, 2019
September 29, 2019
December 31, 2018
(Unaudited, in %)
(Unaudited, in %)
(Unaudited, in %)
OEM
72%
72%
69%
Distribution
28
28
31
Total
100%
100%
100%
original equipment manufacturers - “ oem ” are the end-customers to which we provide direct marketing application engineering support while distribution customers refers to the distributors and representatives that we engage to distribute our products around the world .
by market channel our fourth quarter revenues in distribution amounted to 28 % of our total revenues flat compared to the previous quarter and decreasing on a year-over-year basis .

Question: What is the average net revenues from Distribution for the period December 31, 2019 and 2018?
Answer: 29.5
2019
2018
No. of Shares
No. of Shares
Number of shares at beginning of year
114,758
137,227
Number of shares distributed to employees
45,560
42,480
Number of shares transferred to main share registry and/or disposed of
(44,526)
(64,949)
Number of shares at year end
115,792
114,758
16 .
share-based payments .
a .
employee share plan .
the employee share plan -esp is available to all eligible employees each year to acquire ordinary shares in the company from future remuneration -before tax .
shares to be issued or transferred under the esp will be valued at the volume-weighted average price of the company ’ s shares traded on the australian securities exchange during the five business days immediately preceding the day the shares are issued or transferred .
shares issued under the esp are not allowed to be sold transferred or otherwise disposed until the earlier of the end of an initial three-year period or the participant ceasing continuing employment with the company .
details of the movement in employee shares under the esp are as follows : .
the consideration for the shares issued on 22 may 2019 was $ 3 .
72 -7 may 2018 : $ 4 .
24 .

Question: What was the difference between the number of shares at the beginning and end of year 2019?
Answer: 1034
Fiscal
Fiscal
Fiscal
2019
2018
2017
Europe/Middle East/Africa (“EMEA”)
36 %
38 %
36 %
Asia–Pacific
33
34
35
Americas
31
28
29
Total
100 %
100 %
100 %
sales and distribution .
we maintain a strong local presence in each of the geographic regions in which we operate .
our net sales by geographic region-1 as a percentage of our total net sales were as follows : .
-1 net sales to external customers are attributed to individual countries based on the legal entity that records the sale .
we sell our products into approximately 150 countries primarily through direct selling efforts to manufacturers .
in fiscal 2019 our direct sales represented approximately 80 % of total net sales .
we also sell our products indirectly via third-party distributors .
we maintain distribution centers around the world .
products are generally delivered to the distribution centers by our manufacturing facilities and then subsequently delivered to the customer .
in some instances however products are delivered directly from our manufacturing facility to the customer .
our global coverage positions us near our customers ’ locations and allows us to assist them in consolidating their supply base and lowering their production costs .
we contract with a wide range of transport providers to deliver our products globally via road rail sea and air .
we believe our balanced sales distribution lowers our exposure to any particular geography and improves our financial profile .

Question: Which are the geographic regions in which the company operates in?
Answer: Europe/Middle East/Africa (“EMEA”) Asia–Pacific Americas
DECEMBER 31, 2019
DECEMBER 31, 2018
CLASSIFICATION
FAIR VALUE METHODOLOGY
CARRYING VALUE
FAIR VALUE
CARRYING VALUE
FAIR VALUE
CRTC tangible benefits obligation
Trade payables and other liabilities and other non-current liabilities
Present value of estimated future cash flows discounted using observable market interest rates
29
29
61
61
CRTC deferral account obligation
Trade payables and other liabilities and other non-current liabilities
Present value of estimated future cash flows discounted using observable market interest rates
82
85
108
112
Debt securities and other debt
Debt due within one year and long-term debt
Quoted market price of debt
18,653
20,905
18,188
19,178
Finance leases (1)
Debt due within one year and long-term debt
Present value of future cash flows discounted using observable market interest rates
-
-
2,097
2,304
fair value .
fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date .
certain fair value estimates are affected by assumptions we make about the amount and timing of future cash flows and discount rates all of which reflect varying degrees of risk .
income taxes and other expenses that would be incurred on disposition of financial instruments are not reflected in the fair values .
as a result the fair values are not the net amounts that would be realized if these instruments were settled .
the carrying values of our cash and cash equivalents trade and other receivables dividends payable trade payables and accruals compensation payable severance and other costs payable interest payable notes payable and loans secured by trade receivables approximate fair value as they are short-term .
the following table provides the fair value details of financial instruments measured at amortized cost in the statements of financial position .
-1 upon adoption of ifrs 16 on january 1 2019 fair value disclosures are no longer required for leases .

Question: Which segments approximate fair value as they are short-term?
Answer: The carrying values of our cash and cash equivalents, trade and other receivables, dividends payable, trade payables and accruals, compensation payable, severance and other costs payable, interest payable, notes payable and loans secured by trade receivables
Fiscal Year Ended August 31,
Fiscal Year Ended August 31,
Fiscal Year Ended August 31,
2019
2018
2017
Current:
Domestic–federal
$(23,675)
$69,080
$2,436
Domestic–state
1,383
134
12
Foreign
175,993
178,790
188,872
Total current
153,701
248,004
191,320
Deferred:
Domestic–federal
(8,000)
(24,342)
253
Domestic–state
(2,202)
93
30
Foreign
17,731
62,105
(62,537)
Total deferred
7,529
37,856
(62,254)
Total income tax expense
$161,230
$285,860
$129,066
4 .
income taxes .
provision for income taxes .
income tax expense -benefit is summarized below -in thousands : .

Question: What is the change in the company's domestic-state income tax expense (benefit) between 2018 and 2019?
Answer: 1249
Years Ended December 31,
Years Ended December 31,
2019
2018
(in thousands)
(in thousands)
Beginning balance
$240,500
$310,645
Other additions
86
-
Transfers to developed technology from IPR&D
4,400
-
Amortization
(57,015)
(67,947)
Impairment losses
-
(2,198)
Ending balance
$187,971
240,500
the following table sets forth activity during the years ended december 31 2019 and 2018 related to finite-lived intangible assets : .
the company regularly reviews the carrying amounts of its long-lived assets subject to depreciation and amortization as well as the related useful lives to determine whether indicators of impairment may exist which warrant adjustments to carrying values or estimated useful lives .
an impairment loss is recognized when the sum of the expected future undiscounted net cash flows is less than the carrying amount of the asset .
should impairment exist the impairment loss is measured based on the excess of the carrying amount of the asset over the asset ’ s fair value .
during the years ended december 31 2019 and 2017 no impairment losses related to finite-lived intangible assets were recognized .
impairment loss related to finite-lived intangible assets for the year ended december 31 2018 was $ 2 .
2 million and related to acquired developed technology .

Question: What was the Impairment loss related to finite-lived intangible assets in 2018?
Answer: $2.2 million
Year Ended June 30,
Year Ended June 30,
Year Ended June 30,
2019
2018
2017
Domestic income (loss)
$269,331
$238,405
$110,562
Foreign income
171,243
147,721
138,989
Income before income taxes
$440,574
$386,126
$249,551
note 14 — income taxes .
our effective tax rate represents the net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates .
the following is a geographical breakdown of income before the provision for income taxes : .

Question: What are the fiscal years included in the table?
Answer: 2019 2018 2017