FangyuLei/tatqa huggingface dataset:
Years Ended December 31,
Years Ended December 31,
2018
2017
Expected life (years)
5.6
5.6
Risk-free interest rate
2.7%
1.9%
Expected volatility
26.4%
29.4%
Expected dividend yield
—
—
the fair value of options granted in the respective fiscal years are estimated on the date of grant using the black-scholes optionpricing model acceptable under asc 718 with the following weighted average assumptions : .
expected volatilities are based on the company ’ s historical common stock volatility derived from historical stock price data for periods commensurate with the options ’ expected life .
the expected life of options granted represents the period of time options are expected to be outstanding based primarily on historical employee option exercise behavior .
the risk-free interest rate is based on the implied yield currently available on u .
s .
treasury zero coupon bonds issued with a term equal to the expected life at the date of grant of the options .
the expected dividend yield is zero as the company has historically paid no dividends and does not anticipate dividends to be paid in the future .

Question: What was the change in risk-free interest rate between 2017 and 2018?
Answer: 0.8
December 31, 2019
December 31, 2018
Level 1
Level 2
Level 3
Level 1
Level 2
Level 3
Assets
Cash and cash equivalents
Money market funds
$256,915
$ -
$ -
$254,552
$ -
$ -
Other current assets:
Indemnification - Sale of SSL
$ -
$ -
$598
$ -
$ -
$2,410
Liabilities
Long term liabilities
Indemnification - Globalstar do Brasil S.A.
$ -
$ -
$145
$ -
$ -
$184
assets and liabilities measured at fair value .
the following table presents our assets and liabilities measured at fair value on a recurring or non-recurring basis -in thousands : .
the carrying amount of cash equivalents approximates fair value as of each reporting date because of the short maturity of those instruments .
the company did not have any non-financial assets or non-financial liabilities that were recognized or disclosed at fair value as of december 31 2019 and december 31 2018 .

Question: What are the respective values of the Level 1 money market funds in 2018 and 2019 respectively?
Answer: $254,552 $256,915
Year-ended 31 March 2019
Year-ended 31 March 2018
Number
WASP
Number
WASP
Performance share units
000’s
£ pence
000’s
£ pence
Outstanding at the start of the year
7,546
269.65
6,024
219.41
Awarded
1,721
506.74
1,719
440.50
Forfeited
(2,234)
414.51
(197)
223.96
Released
(2,949)
262.64
–
–
Outstanding at the end of the year
4,084
295.41
7,546
269.65
performance share units .
the following table illustrates the number and wasp on date of award and movements in performance share units - “ psus ” granted under the 2015 ltip : .
psus vest on one vesting date following a three year vesting period which will comprise three financial years .
the awards are divided into three equal parts which will each be subject to a separate annual performance condition linked to the financial performance of the group .

Question: What was the change in the number of PSUs outstanding at the end of the year in 2019 from 2018?
Answer: -3462
€ million
€ million
2019
2018
(Restated)(a)
Operating profit
8,708
12,639
Depreciation, amortisation and impairment
1,982
2,216
Changes in working capital
(9)
(793)
Pensions and similar obligations less Payments
(260)
(128)
Provision less payments
7
55
Elimination of (profits)/losses on disposals
60
(4,313)
Non-cash charge for share-based compensation
151
196
Other adjustments
2
(260)
Cash flow from operating activities
10,641
9,612
Income tax paid
(2,532)
(2,294)
Net capital expenditure
(1,429)
(1,424)
Net interest and preference dividends paid
(548)
(461)
Free cash flow*
6,132
5,433
Net cash flow (used in)/from investing activities
(2,237)
4,644
Net cash flow (used in)/from financing activities
(4,667)
(12,113)
cash flow .
cash flow from operating activities was up by € 1 .
0 billion mainly driven by working capital improvement in 2019 compared to the prior year which was impacted by the disposal of spreads .
gross margin improvement had a favourable contribution a result of strong delivery from 5-s savings programmes .
overheads and brand and marketing efficiencies also had a favourable contribution as a result of our zero-based-budgeting programme .
-a restated following adoption of ifrs 16 .
see note 1 and note 24 for further details .
* certain measures used in our reporting are not defined under ifrs .
for further information about these measures please refer to the commentary on non-gaap measures on pages 27 to 32 .
net cash outflow as a result of investing activities was € 2 .
2 billion compared to an inflow of € 4 .
6 billion in the prior year which included € 7 .
1 billion from the disposal of spreads business .
net outflow from financing activities was € 4 .
7 billion compared to € 12 .
1 billion in the prior year .
2018 included € 6 .
0 billion relating to repurchase of shares .
in 2019 borrowings net of repayments was € 1 .
4 billion higher than the prior year .

Question: What contributed to the Gross Profit margin improvement?
Answer: a result of strong delivery from 5-S savings programmes
2019
2018 (1)
2017 (2)
Tower and network location intangible assets
$77.4
$284.9
$108.7
Tenant relationships
—
107.3
100.1
Other (3)
16.8
1.8
2.6
Total impairment charges
$94.2
$394.0
$211.4
american tower corporation and subsidiaries notes to consolidated financial statements -tabular amounts in millions unless otherwise disclosed .
17 .
other operating expense .
other operating expense consists primarily of impairment charges net losses on sales or disposals of assets and other operating expense items .
the company records impairment charges to write down certain assets to their net realizable value after an indicator of impairment is identified and subsequent analysis determines that the asset is either partially recoverable or not recoverable .
these assets consisted primarily of towers and related assets which are typically assessed on an individual basis network location intangibles which relate directly to towers and tenant-related intangibles which are assessed on a tenant basis .
net losses on sales or disposals of assets primarily relate to certain non-core towers other assets and miscellaneous items .
other operating expenses includes acquisition-related costs and integration costs .
impairment charges included the following for the years ended december 31 : .
-1 for the year ended december 31 2018 impairment charges on tower and network location intangible assets included $ 258 .
3 million in india primarily related to carrier consolidation-driven churn events .
in addition the company fully impaired the tenant relationship for aircel ltd .
which resulted in an impairment charge of $ 107 .
3 million .
-2 during the year ended december 31 2017 $ 81 .
0 million of impairment charges on tower and network location intangible assets and all impairment charges on tenant relationships were related to carrier consolidation-driven churn in india .
-3 for the year ended december 31 2019 amount includes impairment charges related to right-of-use assets and land easements .

Question: What were the Tower and network location intangible assets in 2019?
Answer: $77.4
30 June 2019
30 June 2018
$'000
$'000
CASH AT BANK
AA rated
398,999
417,982
SECURITY DEPOSITS
AA rated
8,822
4,151
15 financial risk management -continued .
-b credit risk .
credit risk arises from cash and cash equivalents and trade and other receivables .
-i cash and cash equivalents and security deposits .
deposits are placed with australian banks or independently rated parties with a minimum rating of ‘ bbb + ’ .
to reduce exposure deposits are placed with a variety of financial institutions .
the credit quality of financial assets can be assessed by reference to external credit ratings -if available or to historical information about counterparty default rates : .
in determining the credit quality of these financial assets nextdc has used the long-term rating from standard & poor ’ s as of july 2019 .

Question: Cash at bank or security deposits, which one was greater in 2019?
Answer: Cash at bank
December 31,
December 31,
2019
2018
Investments held in rabbi trust
$13,927
$11,442
Financial derivatives
3,373
1,078
Deferred rent
558
1,867
Other current assets
2,667
2,374
$20,525
$16,761
note 11 .
other current assets .
other current assets consisted of the following -in thousands : .

Question: What was the amount of deferred rent in 2019?
Answer: 558
2019
2018
Deferred tax assets:
Accrued defined benefit pension and postretirement benefits
$46,918
$34,776
Deferred income
13,803
1,535
Impairment
9,981
11,388
Accrued insurance
7,133
8,994
Share-based compensation
5,415
4,936
Tax loss and tax credit carryforwards
5,327
7,458
Lease commitments related to closed or refranchised locations
3,786
4,696
Deferred interest deduction
3,188
—
Other reserves and allowances
2,965
851
Accrued incentive compensation
2,617
2,055
Accrued compensation expense
1,092
2,034
Interest rate swaps
—
181
Other, net
868
2,206
Total gross deferred tax assets
103,093
81,110
Valuation allowance
(2,485)
(3,554)
Total net deferred tax assets
100,608
77,556
Deferred tax liabilities:
Intangible assets
(10,520)
(10,492)
Leasing transactions
(3,822)
(2,790)
Property and equipment, principally due to differences in depreciation
(128)
(1,855)
Other
(574)
(279)
Total gross deferred tax liabilities
(15,044)
(15,416)
Net deferred tax assets
$85,564
$62,140
the tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities at each fiscal year-end are presented below -in thousands : .
the tax act was enacted into law on december 22 2017 .
the tax act included a reduction in the u .
s .
federal statutory corporate income tax rate -the “ tax rate ” from 35 % to 21 % and introduced new limitations on certain business deductions .
as a result for the fiscal year ended september 30 2018 we recognized a year-to-date non-cash $ 32 .
5 million tax provision expense impact primarily related to the re-measurement of our deferred tax assets and liabilities due to the reduced tax rate .
deferred tax assets as of september 29 2019 include state net operating loss carry-forwards of approximately $ 27 .
4 million expiring at various times between 2020 and 2038 .
at september 29 2019 we recorded a valuation allowance of $ 2 .
5 million related to losses and state tax credits which decreased from the $ 3 .
6 million at september 30 2018 primarily due to the release of the valuation allowance on prior year net operating losses .
we believe that it is more likely than not that these net operating loss and credit carry-forwards will not be realized and that all other deferred tax assets will be realized through future taxable income or alternative tax strategies .
the major jurisdictions in which the company files income tax returns include the united states and states in which we operate that impose an income tax .
the federal statutes of limitations have not expired for fiscal years 2016 and forward .
the statutes of limitations for california and texas which constitute the company ’ s major state tax jurisdictions have not expired for fiscal years 2015 and forward .

Question: Why was there a decrease of valuation allowance from 2018 to 2019?
Answer: Due to the release of the valuation allowance on prior year net operating losses
Dry Bulk Vessel Operations for the Year Ended December 31, 2019
Logistics Business for the Year Ended December 31, 2019
Total for the Year Ended December 31, 2019
Revenue
$254,178
$228,271
$482,449
Administrative fee revenue from affiliates
16,991
—
16,991
Interest income
9,610
1,052
10,662
Interest expense and finance cost
(92,948)
(40,531)
(133,479)
Depreciation and amortization
(52,288)
(29,435)
(81,723)
Equity in net (losses)/earnings of affiliated companies
(9,185)
—
(9,185)
Net (loss)/ income attributable to Navios Holdings common
stockholders
(212,623)
20,513
(192,110)
Total assets
1,511,517
631,338
2,142,855
Goodwill
56,240
104,096
160,336
Capital expenditures
(36,628)
(7,943)
(44,571)
Investment in affiliates
64,352
—
64,352
Cash and cash equivalents
32,386
45,605
77,991
Restricted cash
736
—
736
Long-term debt, net (including current and noncurrent portion)
$1,048,318
$514,929
1,563,247
navios maritime holdings inc .
notes to the consolidated financial statements -expressed in thousands of u .
s .
dollars — except share data .
note 19 : segment information .
the company through august 30 2019 had three reportable segments from which it derived its revenues : dry bulk vessel operations logistics business and containers business .
the containers business became a reportable segment as a result of the consolidation of navios containers since november 30 2018 -date of obtaining control -see also note 3 .
following the reclassification of the results of navios containers as discontinued operations -see also note 3 the company currently has two reportable segments from which it derives its revenues : dry bulk vessel operations and logistics .
the reportable segments reflect the internal organization of the company and are strategic businesses that offer different products and services .
the dry bulk vessel operations consists of the transportation and handling of bulk cargoes through the ownership operation and trading of vessels .
the logistics business consists of operating ports and transfer station terminals handling of vessels barges and pushboats as well as upriver transport facilities in the hidrovia region .
the company measures segment performance based on net income / -loss attributable to navios holdings common stockholders .
inter-segment sales and transfers are not significant and have been eliminated and are not included in the following tables .
summarized financial information concerning each of the company ’ s reportable segments is as follows : .

Question: What was the difference in total goodwill and total investment in affiliates?
Answer: 95984
As at December 31,
As at December 31,
2019
2018
$
$
Cash and restricted cash
379,085
568,843
Other assets – current
148,663
412,388
Vessels and equipment, including vessels related to finance leases and advances on  Vessels and equipment, including vessels related to finance leases and advances on newbuilding contracts
3,123,377
6,615,077
Net investment in direct financing leases
4,469,861
3,000,927
Other assets – non-current
169,925
1,957,271
Current portion of long-term debt and obligations related to finance leases
563,776
1,106,812
Other liabilities – current
189,165
563,862
Long-term debt and obligations related to finance leases
5,156,307
6,882,426
Other liabilities – non-current
243,301
478,311
a condensed summary of the company ’ s financial information for equity-accounted investments -20 % to 52 % -owned shown on a 100 % basis -excluding the impact from purchase price adjustments arising from the acquisition of joint ventures are as follows : .
the results included for til are until its consolidation on november 27 2017 .
the results included for altera are from the date of deconsolidation on september 25 2017 to the sale of teekay ' s remaining interests on may 8 2019 .
for the year ended december 31 2019 the company recorded equity loss of $ 14 .
5 million -2018 – income of $ 61 .
1 million and 2017 – loss of $ 37 .
3 million .
the equity loss in 2019 was primarily comprised of the write-down and loss on sale of teekay ' s investment in altera and the company ’ s share of net loss from the bahrain lng joint venture ; offset by equity income in the yamal lng joint venture the rasgas iii joint venture the malt joint venture the pan union joint venture and the angola joint venture .
for the year ended december 31 2019 equity loss included $ 12 .
9 million related to the company ’ s share of unrealized losses on interest rate swaps in the equity-accounted investments -2018 – gains of $ 17 .
6 million and 2017 – gains of $ 7 .
7 million .
-all tabular amounts stated in thousands of u .
s .
dollars other than share data and unless otherwise indicated .

Question: What was the other liabilities - non current in 2019 and 2018 respectively?
Answer: 243,301 478,311
2019
2018
2017
Net derivative gains (losses) incurred
$(3.6)
$(0.9)
$0.6
Less: Net derivative gains (losses) allocated to reporting segments
(1.8)
(7.1)
5.7
Net derivative gains (losses) recognized in general corporate expenses
$(1.8)
$6.2
$(5.1)
Net derivative gains (losses) allocated to Grocery & Snacks
$(2.1)
$0.2
$3.4
Net derivative gains (losses) allocated to Refrigerated & Frozen
(1.1)
(0.3)
0.8
Net derivative gains (losses) allocated to International
2.8
(6.9)
1.6
Net derivative losses allocated to Foodservice
(0.6)
(0.1)
—
Net derivative losses allocated to Pinnacle Foods
(0.8)
—
—
Net derivative losses allocated to Commercial
—
—
(0.1)
Net derivative gains (losses) included in segment operating profit
$(1.8)
$(7.1)
$5.7
presentation of derivative gains -losses for economic hedges of forecasted cash flows in segment results .
derivatives used to manage commodity price risk and foreign currency risk are not designated for hedge accounting treatment .
we believe these derivatives provide economic hedges of certain forecasted transactions .
as such these derivatives are recognized at fair market value with realized and unrealized gains and losses recognized in general corporate expenses .
the gains and losses are subsequently recognized in the operating results of the reporting segments in the period in which the underlying transaction being economically hedged is included in earnings .
in the event that management determines a particular derivative entered into as an economic hedge of a forecasted commodity purchase has ceased to function as an economic hedge we cease recognizing further gains and losses on such derivatives in corporate expense and begin recognizing such gains and losses within segment operating results immediately .
the following table presents the net derivative gains -losses from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions under this methodology : .
as of may 26 2019 the cumulative amount of net derivative gains from economic hedges that had been recognized in general corporate expenses and not yet allocated to reporting segments was $ 1 .
4 million .
this amount reflected net gains of $ 1 .
0 million incurred during the fiscal year ended may 26 2019 as well as net gains of $ 0 .
4 million incurred prior to fiscal 2019 .
based on our forecasts of the timing of recognition of the underlying hedged items we expect to reclassify to segment operating results gains of $ 0 .
9 million in fiscal 2020 and $ 0 .
5 million in fiscal 2021 and thereafter .
notes to consolidated financial statements - -continued fiscal years ended may 26 2019 may 27 2018 and may 28 2017 -columnar dollars in millions except per share amounts .

Question: What is the average net derivative gains (losses) allocated to Grocery & Snacks from 2017 to 2019?
Answer: 0.5
Fiscal Year Ended June 30,
Fiscal Year Ended June 30,
Fiscal Year Ended June 30,
2019
2018
2017
Net cash provided by operating activities
$466,342
$311,456
$199,381
Less: Capital expenditures
(44,192)
(30,209)
(15,129)
Free cash flow
$422,150
$281,247
$184,252
free cash flow .
free cash flow is a non-ifrs financial measure that we calculate as net cash provided by operating activities less net cash used in investing activities for capital expenditures .
free cash flow increased by $ 140 .
9 million during the fiscal year ended june 30 2019 due to a $ 154 .
9 million increase of net cash provided by operating activities offset by a $ 14 .
0 million increase of capital expenditures as we continue to invest in our facilities .
for more information about net cash provided by operating activities please see “ liquidity and capital resources ” .

Question: What is the change in capital expenditures between 2018 and 2019?
Answer: -13983
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
2016
2015
(In thousands, except per share data)
(In thousands, except per share data)
(In thousands, except per share data)
(In thousands, except per share data)
(In thousands, except per share data)
Revenues
$111,412
$111,322
$106,524
$114,263
$123,961
Income from operations
9,464
8,238
4,545
10,186
3,820
Income from continuing operations, net of taxes
4,155
4,661
1,592
6,007
8,523
Income from discontinued operations, net of taxes
—
—
1,938
624
2,341
Net income
$4,155
$4,661
$3,530
$6,631
$10,864
Income per share—basic:
Continuing operations
$0.35
$0.38
$0.12
$0.43
$0.58
Discontinued operations
—
—
0.15
0.04
0.16
Net income per share
$0.35
$0.38
$0.27
$0.47
$0.74
Income per share—diluted:
Continuing operations
$0.35
$0.37
$0.12
$0.43
$0.58
Discontinued operations
—
—
0.15
0.04
0.16
Net income per share
$0.35
$0.37
$0.27
$0.47
$0.74
Shares used in per share calculation from continuing operations —basic
11,809
12,323
12,882
13,997
14,722
Shares used in per share calculation from discontinued operations —basic
11,809
12,323
12,882
13,997
14,722
Shares used in per share calculation from continuing operations—diluted
12,035
12,510
12,894
13,997
14,722
Shares used in per share calculation from discontinuing operations—diluted
12,035
12,510
12,894
13,997
14,722
item 6 .
selected consolidated financial data .
the following table presents selected consolidated financial data as of and for the five-year period ended december 31 2019 .
our past results of operations are not necessarily indicative of our future results of operations .
the following selected consolidated financial data is qualified in its entirety by and should be read in conjunction with “ management ' s discussion and analysis of financial condition and results of operations ” and the consolidated financial statements and the notes thereto included elsewhere herein .
consolidated statement of operations data : .

Question: What are the values of income from operations for years ended December 31, 2019 to 2015 respectively?
Answer: 9,464 8,238 4,545 10,186 3,820