bevaya/FinQA huggingface dataset:
18 . allowance for credit losses .

Table: in millions of dollars 2009 2008 ( 1 ) 2007 ( 1 ) allowance for loan losses at beginning of year $ 29616 $ 16117 $ 8940 gross credit losses -32784 ( 32784 ) -20760 ( 20760 ) -11864 ( 11864 ) gross recoveries 2043 1749 1938 net credit ( losses ) recoveries ( ncls ) $ -30741 ( 30741 ) $ -19011 ( 19011 ) $ -9926 ( 9926 ) ncls $ 30741 $ 19011 $ 9926 net reserve builds ( releases ) 5741 11297 6550 net specific reserve builds ( releases ) 2278 3366 356 total provision for credit losses $ 38760 $ 33674 $ 16832 other net ( 2 ) -1602 ( 1602 ) -1164 ( 1164 ) 271 allowance for loan losses at end of year $ 36033 $ 29616 $ 16117 allowance for credit losses on unfunded lending commitments at beginning of year ( 3 ) $ 887 $ 1250 $ 1100 provision for unfunded lending commitments 244 -363 ( 363 ) 150 allowance for credit losses on unfunded lending commitments at end of year ( 3 ) $ 1157 $ 887 $ 1250 total allowance for loans leases and unfunded lending commitments $ 37190 $ 30503 $ 17367

( 1 ) reclassified to conform to the current period 2019s presentation . ( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s . real estate lending loans , and $ 562 million related to the transfer of the u.k . cards portfolio to held-for-sale . 2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions . 2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k . citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno . ( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .

Question: what was the percentage change in the allowance for loan losses from 2008 to 2009?
Answer: 84%
Calculation: divide(subtract(29616, 16117), 16117)
other purchases or sales of equity securities the following chart discloses information regarding shares of snap-on 2019s common stock that were sold by citibank , n.a . ( 201ccitibank 201d ) during the fourth quarter of 2013 pursuant to a prepaid equity forward transaction agreement ( the 201cagreement 201d ) with citibank that is intended to reduce the impact of market risk associated with the stock-based portion of the company 2019s deferred compensation plans . the company 2019s stock-based deferred compensation liabilities , which are impacted by changes in the company 2019s stock price , increase as the company 2019s stock price rises and decrease as the company 2019s stock price declines . pursuant to the agreement , citibank may purchase or sell shares of the company 2019s common stock ( for citibank 2019s account ) in the market or in privately negotiated transactions . the agreement has no stated expiration date , but the parties expect that each transaction under the agreement will have a term of approximately one year . the agreement does not provide for snap-on to purchase or repurchase shares . the following chart discloses information regarding citibank 2019s sales of snap-on common stock during the fourth quarter of 2013 pursuant to the agreement : period shares sold average per share .

Table: period shares sold averagepriceper share 09/29/13 to 10/26/13 2013 2013 10/27/13 to 11/23/13 2013 2013 11/24/13 to 12/28/13 5000 $ 106.32 total/average 5000 $ 106.32

2013 annual report 23 .

Question: how is the cash flow statement from financing activities affected by the sales of commons stock during the 4th quarter of 2013?
Answer: 531600
Calculation: multiply(5000, 106.32)
declaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change . in addition , under the terms of the merger agreement , we have agreed with aetna to coordinate the declaration and payment of dividends so that our stockholders do not fail to receive a quarterly dividend around the time of the closing of the merger . on october 29 , 2015 , the board declared a cash dividend of $ 0.29 per share that was paid on january 29 , 2016 to stockholders of record on december 30 , 2015 , for an aggregate amount of $ 43 million . stock total return performance the following graph compares our total return to stockholders with the returns of the standard & poor 2019s composite 500 index ( 201cs&p 500 201d ) and the dow jones us select health care providers index ( 201cpeer group 201d ) for the five years ended december 31 , 2015 . the graph assumes an investment of $ 100 in each of our common stock , the s&p 500 , and the peer group on december 31 , 2010 , and that dividends were reinvested when paid. .

Table: 12/31/2010 12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015 hum $ 100 $ 162 $ 128 $ 195 $ 274 $ 343 s&p 500 $ 100 $ 102 $ 118 $ 157 $ 178 $ 181 peer group $ 100 $ 110 $ 129 $ 177 $ 226 $ 239

the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Question: what is the highest return for the first year of the investment?
Answer: 62%
Calculation: subtract(162, 100)
Explanation: it is the highest value of the investment , then turned into a percentage to represent the return .
entergy new orleans , inc . management's financial discussion and analysis 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) .

Table: amount ( in millions ) 2006 net revenue $ 192.2 fuel recovery 42.6 volume/weather 25.6 rider revenue 8.5 net wholesale revenue -41.2 ( 41.2 ) other 3.3 2007 net revenue $ 231.0

the fuel recovery variance is due to the inclusion of grand gulf costs in fuel recoveries effective july 1 , 2006 . in june 2006 , the city council approved the recovery of grand gulf costs through the fuel adjustment clause , without a corresponding change in base rates ( a significant portion of grand gulf costs was previously recovered through base rates ) . the volume/weather variance is due to an increase in electricity usage in the service territory in 2007 compared to the same period in 2006 . the first quarter 2006 was affected by customer losses following hurricane katrina . entergy new orleans estimates that approximately 132000 electric customers and 86000 gas customers have returned and are taking service as of december 31 , 2007 , compared to approximately 95000 electric customers and 65000 gas customers as of december 31 , 2006 . billed retail electricity usage increased a total of 540 gwh compared to the same period in 2006 , an increase of 14% ( 14 % ) . the rider revenue variance is due primarily to a storm reserve rider effective march 2007 as a result of the city council's approval of a settlement agreement in october 2006 . the approved storm reserve has been set to collect $ 75 million over a ten-year period through the rider and the funds will be held in a restricted escrow account . the settlement agreement is discussed in note 2 to the financial statements . the net wholesale revenue variance is due to more energy available for resale in 2006 due to the decrease in retail usage caused by customer losses following hurricane katrina . in addition , 2006 revenue includes the sales into the wholesale market of entergy new orleans' share of the output of grand gulf , pursuant to city council approval of measures proposed by entergy new orleans to address the reduction in entergy new orleans' retail customer usage caused by hurricane katrina and to provide revenue support for the costs of entergy new orleans' share of grand other income statement variances 2008 compared to 2007 other operation and maintenance expenses decreased primarily due to : a provision for storm-related bad debts of $ 11 million recorded in 2007 ; a decrease of $ 6.2 million in legal and professional fees ; a decrease of $ 3.4 million in employee benefit expenses ; and a decrease of $ 1.9 million in gas operations spending due to higher labor and material costs for reliability work in 2007. .

Question: what percent of the net change in revenue between 2006 and 2007 was due to fuel recovery?
Answer: 109%
Calculation: divide(42.6, subtract(231.0, 192.2))
vornado realty trust notes to consolidated financial statements ( continued ) 10 . redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period . changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity . below is a table summarizing the activity of redeemable noncontrolling interests . ( amounts in thousands ) .

Table: balance at december 31 2008 $ 1177978 net income 25120 distributions -42451 ( 42451 ) conversion of class a units into common shares at redemption value -90955 ( 90955 ) adjustment to carry redeemable class a units at redemption value 167049 other net 14887 balance at december 31 2009 $ 1251628 net income 55228 distributions -53515 ( 53515 ) conversion of class a units into common shares at redemption value -126764 ( 126764 ) adjustment to carry redeemable class a units at redemption value 191826 redemption of series d-12 redeemable units -13000 ( 13000 ) other net 22571 balance at december 31 2010 $ 1327974

as of december 31 , 2010 and 2009 , the aggregate redemption value of redeemable class a units was $ 1066974000 and $ 971628000 , respectively . redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares . accordingly the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 55097000 and $ 60271000 as of december 31 , 2010 and 2009 , respectively. .

Question: what was the percentage change in the redeemable non controlling interests balance at december 31 2009 from 2008
Answer: 6.3%
Calculation: divide(subtract(1251628, 1177978), 1177978)
s c h e d u l e i v ( continued ) ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2008 , 2007 , and 2006 ( in millions of u.s . dollars ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .

Table: for the years ended december 31 2008 2007 and 2006 ( in millions of u.s . dollars ) direct amount ceded to other companies assumed from other companies net amount percentage of amount assumed to net 2008 $ 16087 $ 6144 $ 3260 $ 13203 25% ( 25 % ) 2007 $ 14673 $ 5834 $ 3458 $ 12297 28% ( 28 % ) 2006 $ 13562 $ 5198 $ 3461 $ 11825 29% ( 29 % )

.

Question: in 2008 what was the ratio of the direct amount to the amount ceded to other companies
Answer: 2.62
Calculation: divide(16087, 6144)
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2010 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .

Table: 12/31/2010 12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015 united parcel service inc . $ 100.00 $ 103.88 $ 107.87 $ 158.07 $ 171.77 $ 160.61 standard & poor 2019s 500 index $ 100.00 $ 102.11 $ 118.43 $ 156.77 $ 178.22 $ 180.67 dow jones transportation average $ 100.00 $ 100.01 $ 107.49 $ 151.97 $ 190.08 $ 158.23

.

Question: what was the percentage total cumulative return on investment for united parcel service inc . for the five year period ending 12/31/2015?
Answer: 60.61%
Calculation: divide(subtract(160.61, const_100), const_100)
table of contents performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index ( "s&p 500" ) and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2013 to december 31 , 2018. .

Table: 12/13 12/14 12/15 12/16 12/17 12/18 royal caribbean cruises ltd . 100.00 176.94 220.72 182.99 271.25 227.46 s&p 500 100.00 113.69 115.26 129.05 157.22 150.33 dow jones u.s . travel & leisure 100.00 116.37 123.23 132.56 164.13 154.95

the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2013 and that all dividends were reinvested . past performance is not necessarily an indicator of future results. .

Question: what was the percentage change in the royal caribbean cruises ltd . performance from 2014 to 2015
Answer: 24.7%
Calculation: divide(subtract(220.72, 176.94), 176.94)
jpmorgan chase & co./2018 form 10-k 41 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced equity benchmark in the united states of america ( 201cu.s . 201d ) , consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of leading national money center and regional banks and thrifts . the s&p financial index is an index of financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 .

Table: december 31 ( in dollars ) 2013 2014 2015 2016 2017 2018 jpmorgan chase $ 100.00 $ 109.88 $ 119.07 $ 160.23 $ 203.07 $ 189.57 kbw bank index 100.00 109.36 109.90 141.23 167.49 137.82 s&p financial index 100.00 115.18 113.38 139.17 169.98 147.82 s&p 500 index 100.00 113.68 115.24 129.02 157.17 150.27

december 31 , ( in dollars ) .

Question: what is the estimated variation between the percentual decrease observed in the s&p 500 index and in the jpmorgan chase during the years 2017 and 2018?
Answer: 2.3%
Calculation: subtract(subtract(const_1, divide(189.57, 203.07)), subtract(const_1, divide(150.27, 157.17)))
Explanation: its the difference between the percentual variations of each indices during 2017 and 2018 .
american tower corporation and subsidiaries notes to consolidated financial statements the valuation allowance increased from $ 47.8 million as of december 31 , 2009 to $ 48.2 million as of december 31 , 2010 . the increase was primarily due to valuation allowances on foreign loss carryforwards . at december 31 , 2010 , the company has provided a valuation allowance of approximately $ 48.2 million which primarily relates to state net operating loss carryforwards , equity investments and foreign items . the company has not provided a valuation allowance for the remaining deferred tax assets , primarily its federal net operating loss carryforwards , as management believes the company will have sufficient taxable income to realize these federal net operating loss carryforwards during the twenty-year tax carryforward period . valuation allowances may be reversed if related deferred tax assets are deemed realizable based on changes in facts and circumstances relevant to the assets 2019 recoverability . the recoverability of the company 2019s remaining net deferred tax asset has been assessed utilizing projections based on its current operations . the projections show a significant decrease in depreciation in the later years of the carryforward period as a result of a significant portion of its assets being fully depreciated during the first fifteen years of the carryforward period . accordingly , the recoverability of the net deferred tax asset is not dependent on material improvements to operations , material asset sales or other non-routine transactions . based on its current outlook of future taxable income during the carryforward period , management believes that the net deferred tax asset will be realized . the company 2019s deferred tax assets as of december 31 , 2010 and 2009 in the table above do not include $ 122.1 million and $ 113.9 million , respectively , of excess tax benefits from the exercises of employee stock options that are a component of net operating losses . total stockholders 2019 equity as of december 31 , 2010 will be increased by $ 122.1 million if and when any such excess tax benefits are ultimately realized . at december 31 , 2010 , the company had net federal and state operating loss carryforwards available to reduce future federal and state taxable income of approximately $ 1.2 billion , including losses related to employee stock options of $ 0.3 billion . if not utilized , the company 2019s net operating loss carryforwards expire as follows ( in thousands ) : .

Table: years ended december 31, federal state foreign 2011 to 2015 $ 2014 $ 2014 $ 503 2016 to 2020 2014 331315 5509 2021 to 2025 774209 576780 2014 2026 to 2030 423398 279908 92412 total $ 1197607 $ 1188003 $ 98424

in addition , the company has mexican tax credits of $ 5.2 million which if not utilized would expire in 2017. .

Question: at december 2010 what was the percent of the losses related to employee stock options included in the net federal operating loss carry forwards
Answer: 25%
Calculation: divide(0.3, 1.2)
changes in our performance retention awards during 2009 were as follows : shares ( thous. ) weighted-average grant-date fair value .

Table: shares ( thous. ) weighted-averagegrant-date fair value nonvested at january 1 2009 873 $ 50.70 granted 449 47.28 vested -240 ( 240 ) 43.23 forfeited -22 ( 22 ) 53.86 nonvested at december 31 2009 1060 $ 50.88

at december 31 , 2009 , there was $ 22 million of total unrecognized compensation expense related to nonvested performance retention awards , which is expected to be recognized over a weighted-average period of 1.3 years . a portion of this expense is subject to achievement of the roic levels established for the performance stock unit grants . 5 . retirement plans pension and other postretirement benefits pension plans 2013 we provide defined benefit retirement income to eligible non-union employees through qualified and non-qualified ( supplemental ) pension plans . qualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment , with specific reductions made for early retirements . other postretirement benefits ( opeb ) 2013 we provide defined contribution medical and life insurance benefits for eligible retirees . these benefits are funded as medical claims and life insurance premiums are plan amendment effective january 1 , 2010 , medicare-eligible retirees who are enrolled in the union pacific retiree medical program will receive a contribution to a health reimbursement account , which can be used to pay eligible out-of-pocket medical expenses . the impact of the plan amendment is reflected in the projected benefit obligation ( pbo ) at december 31 , 2009 . funded status we are required by gaap to separately recognize the overfunded or underfunded status of our pension and opeb plans as an asset or liability . the funded status represents the difference between the pbo and the fair value of the plan assets . the pbo is the present value of benefits earned to date by plan participants , including the effect of assumed future salary increases . the pbo of the opeb plan is equal to the accumulated benefit obligation , as the present value of the opeb liabilities is not affected by salary increases . plan assets are measured at fair value . we use a december 31 measurement date for plan assets and obligations for all our retirement plans. .

Question: at december 31 , 2009 , what was the remaining compensation expense per share for the unvested awards?
Answer: 20.75
Calculation: divide(multiply(22, const_1000000), multiply(1060, const_1000))