hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Note 5. Inventory, Net
The components of inventory, net are as follows (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Raw materials | $8,921 | $6,396
Finished goods | 25,247 | 16,594
Total inventory, net | $34,168 | $22,990


Question: What was the amount of finished goods in 2018?
Answer: 16,594
ITEM 3. KEY INFORMATION
Selected Financial Data
The following table sets forth our selected consolidated financial data as of and for each of the years in the five-year period ended December 31, 2019. The consolidated financial data has been derived from, and should be read in conjunction with, our Consolidated Financial Statements prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS), presented in “Item 18. Financial Statements” of this report.
Our selected financial data and our Consolidated Financial Statements are presented in euros, unless otherwise stated.
(1) See Note (C.6) to our Consolidated Financial Statements for more information on earnings per share.
(2) The balances include primarily bonds, private placements and bank loans. See Note (E.3) to our Consolidated Financial Statements for more information on our financial liabilities.
Table:
SELECTED FINANCIAL DATA: IFRS |  |  |  |  | 
€ millions, unless otherwise stated | 2019 | 2018 | 2017 | 2016 | 2015
Income Statement Data: Years ended December 31, |  |  |  |  | 
Cloud revenue | 6,933 | 4,993 | 3,769 | 2,993 | 2,286
Software licenses and support revenue | 16,080 | 15,628 | 15,780 | 15,431 | 14,928
Cloud and software revenue | 23,012 | 20,622 | 19,549 | 18,424 | 17,214
Total revenue | 27,553 | 24,708 | 23,461 | 22,062 | 20,793
Operating profit | 4,473 | 5,703 | 4,877 | 5,135 | 4,252
Profit after tax | 3,370 | 4,088 | 4,046 | 3,629 | 3,056
Profit attributable to owners of parent | 3,321 | 4,083 | 4,008 | 3,642 | 3,064
Earnings per share(1) |  |  |  |  | 
Basic in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Diluted in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Other Data: |  |  |  |  | 
Weighted-average number of shares outstanding |  |  |  |  | 
Basic | 1,194 | 1,194 | 1,197 | 1,198 | 1,197
Diluted | 1,194 | 1,194 | 1,198 | 1,199 | 1,198
Statement of Financial Position Data: At December 31, |  |  |  |  | 
Cash and cash equivalents | 5,314 | 8,627 | 4,011 | 3,702 | 3,411
Total assets | 60,215 | 51,502 | 42,484 | 44,262 | 41,390
Current financial liabilities(2) | 3,273 | 1,125 | 1,561 | 1,813 | 841
Non-current financial liabilities(2) | 12,923 | 10,553 | 5,034 | 6,481 | 8,681
Issued capital | 1,229 | 1,229 | 1,229 | 1,229 | 1,229
Total equity | 30,822 | 28,877 | 25,515 | 26,382 | 23,295


Question: What was the change in issued capital in 2019 from 2018?
Answer: 0
Calculation: 1,229-1,229
4. Prepaid expenses
Prepaid expenses consisted of the following:
Table:
October 31, |  | 
 | 2019 | 2018
(In thousands) |  | 
Parts and supplies | $33,617 | $28,287
Prepaid insurance | 8,859 | 8,232
Other prepaid expenses | 14,455 | 6,721
Total prepaid expenses | $56,931 | $43,240


Question: What is the value of Parts and supplies for fiscal years 2019 and 2018 respectively?
Answer: $33,617, $28,287
NOTE 10 – FREIGHT RECEIVABLES
As of 31 December 2019, freight receivables included receivables at a value of USD 0.0m (2018: USD 0.0m 2017: USD 0.0m) that are individually determined to be impaired to a value of USD 0.0m (2018: USD 0.0m, 2017: USD 0.0m).
Management makes allowance for expected credit loss based on the simplified approach to provide for expected credit losses, which permits the use of the lifetime expected loss provision for all trade receivables. Expected credit loss for receivables overdue more than 180 days is 25%-100%, depending on category. Expected credit loss for receivables overdue more than one year is 100%.
Table:
USDm | 2019 | 2018 | 2017
Analysis as of 31 December of freight receivables: |  |  | 
Gross freight receivables: |  |  | 
Not yet due | 39.8 | 44.0 | 25.5
Due < 30 days | 22.5 | 18.8 | 26.0
Due between 30 and 180 days | 25.3 | 20.5 | 18.4
Due > 180 days | 6.0 | 4.4 | 2.7
Total gross | 93.6 | 87.7 | 72.6
Allowance for expected credit loss | 3.7 | 1.7 | 1.3
Total net | 89.9 | 86.0 | 71.3


Question: As of 2019, what did freight receivables include?
Answer: receivables at a value of USD 0.0m (2018: USD 0.0m 2017: USD 0.0m) that are individually determined to be impaired to a value of USD 0.0m (2018: USD 0.0m, 2017: USD 0.0m)
2019 vs 2018
SMB segment net revenue was flat for the year ended December 31, 2019 compared to the prior year, primarily due to a decline in net revenue of our
network storage products, substantially offset by growth in net revenue of our switch products. Geographically, net revenue grew in APAC, but declined in Americas and EMEA.
Contribution income decreased for the year ended December 31, 2019 compared to the prior year, primarily as a result of lower gross margin attainment, partially offset by lower operating expenses as a proportion of net revenue. Contribution margin decreased for the year ended December 31, 2019 compared to the prior year, primarily lower gross margin attainment mainly resulting from foreign exchange headwinds due to the strengthening of the U.S. dollar as well as higher provisions for sales returns.
2018 vs 2017
SMB segment net revenue increased for the year ended December 31, 2018 compared to the prior year, primarily due to growth in switches, partially offset by the decrease in network storage. SMB experienced growth in net revenue across all regions. SMB net revenue was further benefited by lower provisions for sales returns deemed to be a reduction of net revenue.
Contribution income increased for the year ended December 31, 2018 compared to the prior year, primarily due to increasing net revenue and improved gross margin performance not being met with proportionate increases in operating expense compared to the prior period.
Table:
 |  |  | Year Ended December 31, |  | 
 | 2019 | % Change | 2018 | % Change | 2017
 |  |  | (in thousands, except percentage data) |  | 
Net revenue | $287,372 | (0.1)% | $287,756 | 6.2% | $270,908
Percentage of net revenue | 28.8% |  | 27.2% |  | 26.1%
Contribution income | $67,282 | (4.1)% | $70,142 | 9.8% | $63,865
Contribution margin | 23.4% |  | 24.4% |  | 23.6%


Question: What was the change in contribution income from 2017 to 2018?
Answer: 6277
Calculation: $70,142 - $63,865
RESULTS OF OPERATIONS
Revenue
(1) Reflects client arrangements (term license, cloud, and maintenance) that are subject to renewal.
We expect our revenue mix to continue to shift in favor of our subscription offerings, particularly cloud arrangements, which could result in slower total revenue growth in the near term. Revenue from cloud arrangements is generally recognized over the service period, while revenue from term and perpetual license arrangements is generally recognized upfront when the license rights become effective.
Subscription revenue
The increase in cloud revenue in 2019 reflects the shift in client preferences to cloud arrangements from other types of arrangements. The increase in term license revenue in 2019 was due to several large, multi-year term license contracts executed in 2019. This increase was partially offset by term license contracts with multi-year committed maintenance periods, where a greater portion of the contract value is allocated to maintenance.
The increase in maintenance revenue in 2019 was primarily due to the continued growth in the aggregate value of the installed base of our software and strong renewal rates in excess of 90%
Perpetual license
The decrease in perpetual license revenue in 2019 reflects the shift in client preferences in favor of our subscription offerings, particularly cloud arrangements
Consulting
Our consulting revenue fluctuates depending upon the mix of new implementation projects we perform as compared to those performed by our enabled clients or led by our partners. See "Our consulting revenue is significantly dependent upon our consulting personnel implementing new license and cloud arrangements" in Item 1A of this Annual Report for additional information.
The decrease in consulting revenue in 2019 was primarily due to a decrease in billable hours.
Table:
(Dollars in thousands) | 2019 |  | 2018 |  | Change | 
Cloud | $133,746 | 15% | 82,627 | 9% | $51,119 | 62%
Term license | 199,433 | 22% | 178,256 | 20% | 21,177 | 12%
Maintenance | 280,580 | 30% | 263,875 | 30% | 16,705 | 6%
Subscription (1) | 613,759 | 67% | 524,758 | 59% | 89,001 | 17%
Perpetual license | 80,015 | 9% | 109,863 | 12% | (29,848) | (27)%
Consulting | 217,609 | 24% | 256,960 | 29% | (39,351) | (15)%
 | $911,383 | 100% | $891,581 | 100% | $19,802 | 2%


Question: What is the percentage change in revenue from Cloud services between 2018 and 2019?
Answer: 61.87
Calculation: (133,746 - 82,627)/82,627
Deferred Revenue and Customer Liabilities
Deferred revenue and customer liabilities consisted of the following (in thousands):
The Company expects to recognize the majority of its deferred revenue as of December 31, 2019 over the next 180 days. Revenues of $3.7 million were recognized during the year ended December 31, 2019 from amounts included in deferred revenue at December 31, 2018. Revenues of $4.4 million were recognized during the year ended December 31, 2018 from amounts included in deferred revenue at January 1, 2018.
The Company expects to recognize the majority of the customer arrangements with termination rights into revenue as the Company has not historically experienced a high rate of contract terminations.
Estimated refund liabilities are generally resolved in 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.
Table:
 | December 31, | 
 | 2019 | 2018
Deferred revenue | $3,012 | $3,655
Customer arrangements with termination rights | 15,024 | 16,404
Estimated refund liabilities | 8,585 | 10,117
 | $26,621 | $30,176


Question: How long do the estimated refund liabilities take to be generally resolved?
Answer: 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.
5. Trade Accounts Receivable and Contract Liabilities:
Charges related to allowances for doubtful accounts are charged to selling, general, and administrative expenses. Charges related to stock rotation, ship from stock and debit, sales returns, and sales discounts are reported as deductions from revenue. Please refer to Note 6, “Revenue Recognition,” for additional information
Table:
 | Fiscal Year Ended March 31, | 
 | 2018 | 2019
Gross Accounts Receivable - Trade | $300,016 | $273,053
Less |  | 
Allowances for doubtful accounts | 1,893 | 1,276
Stock rotation and ship from stock and debit | 15,989 | 14,140
Sales returns and discounts | 6,875 | 646
Total allowances | 24,757 | 16,062
Accounts Receivable - Trade, net | $275,259 | $256,991


Question: Where are charges related to stock rotation, ship from stock and debit, sales returns, and sales discounts are reported as?
Answer: Reported as deductions from revenue.
Contractual Obligations and Commercial Commitments
We lease office space and equipment under operating leases that run through October 2028. Additionally, we have entered into a Credit Agreement that matures in April 2024 and have issued Senior Notes that mature in August 2026.
Contractual obligations as of December 31, 2019, are as follows (in thousands):
(1) Based on the Term Loans debt outstanding and interest rate in effect at December 31, 2019, of 4.05%.
(2) Based on Revolving Credit Facility debt outstanding and interest rate in effect at December 31, 2019, of 3.99%.
(3) Based on 2026 Notes issued of $400.0 million with an annual interest rate of 5.750%.
(4) During the year ended December 31, 2019, we financed certain multi-year license agreements for internal-use software for $10.4 million with annual payments through April 1, 2022. As of December 31, 2019, $13.8 million is outstanding under these and other agreements previously entered into, of which $6.0 million and $7.8 million is included in other current liabilities and other noncurrent liabilities, respectively, in our Consolidated Balance Sheet in Part IV, Item 15 of this Form 10-K as of December 31, 2019.
We are unable to reasonably estimate the ultimate amount or timing of settlement of our reserves for income taxes under ASC 740, Income Taxes. The liability for unrecognized tax benefits at December 31, 2019, is $29.0 million.
Table:
 |  |  | Payments Due by Period |  | 
 | Total | Less than 1 year | 1-3 years | 3-5 years | More than 5 years
Operating lease obligations | $ 70,284 | $ 17,180 | $ 23,116 | $ 12,738 | $ 17,250
Term loans | 756,060 | 38,950 | 89,381 | 627,729 | —
Term loans interest (1) | 117,168 | 30,025 | 55,232 | 31,911 | —
Revolving credit facility | 239,000 | — | — | 239,000 | —
Revolving credit facility interest (2) | 40,528 | 9,536 | 19,072 | 11,920 | —
Senior notes | 400,000 | — | — | — | 400,000
Senior notes interest (3) | 149,500 | 23,000 | 46,000 | 46,000 | 34,500
Financed internal-use software (4) | 13,822 | 5,974 | 7,848 | — | —
Total | $1,786,362 | $124,665 | $240,649 | $969,298 | $451,750


Question: What percentage of the total contractual obligations consists of term loans?
Answer: 42.32
Calculation: 756,060/$1,786,362
Disaggregation of Revenue
The following table disaggregates revenue generated within the United States (U.S.) from revenue generated from customers outside of the U.S. Revenue
for transaction tax compliance in the U.S. is further disaggregated based on the solutions or services purchased by customers. Total revenues consisted of the
following (in thousands):
Table:
 |  | For the Year Ended December 31, | 
 | 2019 | 2018 | 2017
Revenue (U.S.): |  |  | 
Subscription and returns |  |  | 
Tax determination | $203,584 | $147,847 | $114,575
Tax returns and compliance management | 127,815 | 91,239 | 74,454
Interest income on funds held for customers | 3,213 | 1,055 | -
Total subscription and returns | 334,612 | 240,141 | 189,029
Professional services | 24,399 | 15,126 | 12,476
Total revenue (U.S.) | 359,011 | 255,267 | 201,505
Total revenue (non U.S.) | 23,410 | 16,831 | 11,654
Total revenue | $382,421 | $272,098 | $213,159


Question: What are the revenue generated from the U.S. in 2018 and 2019 respectively?
Answer: 255,267, 359,011
entergy new orleans , inc . management's financial discussion and analysis entergy new orleans' receivables from the money pool were as follows as of december 31 for each of the following years: .

Table:
2004 | 2003 | 2002 | 2001
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
$ 1413 | $ 1783 | $ 3500 | $ 9208
money pool activity provided $ 0.4 million of entergy new orleans' operating cash flow in 2004 , provided $ 1.7 million in 2003 , and provided $ 5.7 million in 2002 .
see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool .
investing activities net cash used in investing activities decreased $ 15.5 million in 2004 primarily due to capital expenditures related to a turbine inspection project at a fossil plant in 2003 and decreased customer service spending .
net cash used in investing activities increased $ 23.2 million in 2003 compared to 2002 primarily due to the maturity of $ 14.9 million of other temporary investments in 2002 and increased construction expenditures due to increased customer service spending .
financing activities net cash used in financing activities increased $ 7.0 million in 2004 primarily due to the costs and expenses related to refinancing $ 75 million of long-term debt in 2004 and an increase of $ 2.2 million in common stock dividends paid .
net cash used in financing activities increased $ 1.5 million in 2003 primarily due to additional common stock dividends paid of $ 2.2 million .
in july 2003 , entergy new orleans issued $ 30 million of 3.875% ( 3.875 % ) series first mortgage bonds due august 2008 and $ 70 million of 5.25% ( 5.25 % ) series first mortgage bonds due august 2013 .
the proceeds from these issuances were used to redeem , prior to maturity , $ 30 million of 7% ( 7 % ) series first mortgage bonds due july 2008 , $ 40 million of 8% ( 8 % ) series bonds due march 2006 , and $ 30 million of 6.65% ( 6.65 % ) series first mortgage bonds due march 2004 .
the issuances and redemptions are not shown on the cash flow statement because the proceeds from the issuances were placed in a trust for use in the redemptions and never held as cash by entergy new orleans .
see note 5 to the domestic utility companies and system energy financial statements for details on long- term debt .
uses of capital entergy new orleans requires capital resources for : 2022 construction and other capital investments ; 2022 debt and preferred stock maturities ; 2022 working capital purposes , including the financing of fuel and purchased power costs ; and 2022 dividend and interest payments. .

Question: what is the annual interest expense related to the series first mortgage bonds due august 2008 , in millions?
Answer: 1.2
Calculation: multiply(30, 3.875%)
NOTE 11—FINANCING ARRANGEMENTS
Long-term debt consists of the following (in thousands):
Maturities of long-term debt for each of the five years in the period ending September 30, 2024, are as follows: 2020 — $10.7 million; 2021 — $35.7 million; 2022 — $35.7 million; 2023 — $35.7 million; 2024 — $35.7 million.
In March 2013, we entered into a note purchase and private shelf agreement pursuant to which we issued $100.0 million of senior unsecured notes, bearing interest at a rate of 3.35% and maturing on March 12, 2025. Pursuant to the agreement, on July 17, 2015, we issued an additional $25.0 million of senior unsecured notes, bearing interest at a rate of 3.70% and maturing on March 12, 2025. Interest payments on the notes issued in 2013 and 2015 are due semi-annually and principal payments are due from 2021 through 2025. On February 2, 2016 we revised the note purchase agreement and we issued an additional $75.0 million of senior unsecured notes bearing interest at 3.93% and maturing on March 12, 2026. Interest payments on these notes are due semi-annually and principal payments are due from 2020 through 2026.
The agreement pertaining to the aforementioned notes also contained a provision that the coupon rate would increase by a further 0.50% should the company’s leverage ratio exceed a certain level.
Table:
September 30, | 2019 | 2018
Series A senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35% | $  50,000 | $  50,000
Series B senior unsecured notes payable to a group of insurance companies, interest fixed at 3.35% | 50,000 | 50,000
Series C senior unsecured notes payable to a group of insurance companies, interest fixed at 3.70% | 25,000 | 25,000
Series D senior unsecured notes payable to a group of insurance companies, interest fixed at 3.93% | 75,000 | 75,000
 | 200,000 | 200,000
Less unamortized debt issuance costs | (175) | (207)
Less current portion | (10,714) | —
 | $189,111 | $199,793


Question: What is the percentage change in the total amount of long-term debt in 2019 from 2018?
Answer: -5.35
Calculation: (189,111-199,793)/199,793
20. DIVIDENDS
A regular dividend of 3 cents per share has been declared. This final dividend of 3 cents per share, partially franked to 2.6 cents per share, was announced to the market on 23 August 2019. The amount declared has not been recognised as a liability in the accounts of Hansen Technologies Ltd as at 30 June 2019.
1. The final dividend paid of 4 cents per share, franked to 4 cents, comprised of an ordinary dividend of 3 cents per share, together with a special dividend of 1 cent per share.
The above available amounts are based on the balance of the dividend franking account at year end adjusted for: • franking credits that will arise from the payment of any current tax liability; • franking debits that will arise from the payment of any dividends recognised as a liability at year end; • franking credits that will arise from the receipt of any dividends recognised as receivables at year end; and • franking credits that the entity may be prevented from distributing in subsequent years.
Table:
 | 2019 | 2018
 | $’000 | $’000
Dividends paid during the year (net of dividend re-investment) |  | 
4 cent per share final dividend paid 27 September 2018 – fully franked1 | 7,319 | 
3 cent per share final dividend paid 30 September 2017 – fully franked |  | 5,175
3 cent per share interim dividend paid 29 March 2019 – fully franked | 5,318 | 
3 cent per share interim dividend paid 29 March 2018 – fully franked |  | 5,217
 | 12,637 | 10,392
Proposed dividend not recognised at the end of the year | 5,922 | 7,865
Dividends franking account |  | 
30% franking credits, on a tax paid basis, are available to shareholders of Hansen Technologies Ltd for subsequent financial years | 1,586 | 3,125


Question: How much was the partially franked dividendper share?
Answer: This final dividend of 3 cents per share, partially franked to 2.6 cents per share
apple inc . | 2018 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend-reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 29 , 2018 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 27 , 2013 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on september 27 , 2013 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . copyright a9 2018 standard & poor 2019s , a division of s&p global . all rights reserved . copyright a9 2018 s&p dow jones indices llc , a division of s&p global . all rights reserved . september september september september september september .

Table:
 | september2013 | september2014 | september2015 | september2016 | september2017 | september2018
apple inc . | $ 100 | $ 149 | $ 173 | $ 174 | $ 242 | $ 359
s&p 500 index | $ 100 | $ 120 | $ 119 | $ 137 | $ 163 | $ 192
s&p information technology index | $ 100 | $ 129 | $ 132 | $ 162 | $ 209 | $ 275
dow jones u.s . technology supersector index | $ 100 | $ 130 | $ 130 | $ 159 | $ 203 | $ 266
.

Question: did apple outperform ( earn a greater return ) than the s&p information technology index in september 2014?
Answer: yes
Calculation: greater(149, 129)
Accumulated Other Comprehensive Income
The table below details where reclassifications of realized transactions out of AOCI are recorded on the consolidated statements of income (amounts in millions).
Table:
 |  | Year ended March 31, |  | 
Description of AOCI Component | 2019 | 2018 | 2017 | Related Statement of Income Line
Unrealized losses on available-for-sale securities | $(5.6) | $(15.2) | $(1.5) | Other income, net
Amortization of actuarial loss | (1.0) | (0.8) | — | Other income, net
Reclassification of realized transactions, net of taxes | $(6.6) | $(16.0) | $(1.5) | Net Income


Question: What was the percentage change in the Reclassification of realized transactions, net of taxes between 2018 and 2019?
Answer: -58.75
Calculation: (-6.6-(-16.0))/-16.0