hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
6.1 Net debt
(1) 50% of outstanding preferred shares of $4,004 million in 2019 and 2018 are classified as debt consistent with the treatment by some credit rating agencies.
The increase of $1,891 million in total debt, comprised of debt due within one year and long-term debt, was due to: • an increase in our lease liabilities of $2,304 million as a result of the adoption of IFRS 16 on January 1, 2019 • the issuance by Bell Canada of Series M-49 and Series M-50 MTN debentures with total principal amounts of $600  million and $550 million in Canadian dollars, respectively, and Series US-2 Notes with a total principal amount of $600 million in U.S. dollars ($808 million in Canadian dollars) • an increase in our securitized trade receivables of $131 million
Partly offset by: • the early redemption of Series M-27 MTN debentures and Series M-37 debentures with total principal amounts of $1 billion and $400 million, respectively • a decrease in our notes payable (net of issuances) of $1,073 million • a net decrease of $29 million in our lease liabilities and other debt
The decrease in cash and cash equivalents of $280 million was due mainly to: • $2,819 million of dividends paid on BCE common shares • $1,216 million of debt repayments (net of issuances) • $142 million paid for the purchase on the open market of BCE common shares for the settlement of share-based payments • $60 million acquisition and other costs paid
Partly offset by: • $3,818 million of free cash flow • $240 million issuance of common shares from the exercise of stock options
Table:
 | 2019 | 2018 | $ CHANGE | % CHANGE
Debt due within one year | 3,881 | 4,645 | (764) | (16.4%)
Long-term debt | 22,415 | 19,760 | 2,655 | 13.4%
Preferred shares (1) | 2,002 | 2,002 | – | –
Cash and cash equivalents | (145) | (425) | 280 | 65.9%
Net debt | 28,153 | 25,982 | 2,171 | 8.4%


Question: What is the percentage of long-term debt over net debt in 2019?
Answer: 79.62
Calculation: 22,415/28,153
The Systems gross profit margin increased 3.2 points to 53.1 percent in 2019 compared to the prior year. The increase was driven by actions taken in 2018 to better position the cost structure over the longer term, a mix to IBM Z hardware and operating systems and margin improvement in Storage Systems.
Pre-tax income of $701 million declined 22.4 percent and pre-tax margin of 8.4 percent decreased 1.8 points year to year driven by the declines in Power Systems and Storage Systems revenue and the continued investment in innovation across the Systems portfolio, mitigated by the benefit from the new hardware launches in the second-half 2019.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr Percent/ Margin Change
Systems |  |  | 
External Systems Hardware gross profit | $2,622 | $2,590 | 1.2%
External Systems Hardware gross profit margin | 44.3% | 40.7% | 3.6pts.
External Operating Systems Software gross profit | $1,412 | $1,412 | 0.0%
External Operating Systems Software gross profit margin | 83.8% | 84.5% | (0.7)pts.
External total gross profit | $4,034 | $4,002 | 0.8%
External total gross profit margin | 53.1% | 49.8% | 3.2pts.
Pre-tax income | $701 | $904 | (22.4)%
Pre-tax margin | 8.4% | 10.2% | (1.8)pts.


Question: What caused the increase in the Systems gross profit margin?
Answer: The increase was driven by actions taken in 2018 to better position the cost structure over the longer term, a mix to IBM Z hardware and operating systems and margin improvement in Storage Systems.
Note 8 Income taxes
The following table shows the significant components of income taxes deducted from net earnings.
Table:
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
Current taxes |  | 
Current taxes | (761) | (775)
Uncertain tax positions | 6 | 8
Change in estimate relating to prior periods | 22 | 12
Deferred taxes |  | 
Deferred taxes relating to the origination and reversal of temporary differences | (322) | (352)
Change in estimate relating to prior periods | (8) | 8
Recognition and utilization of loss carryforwards | (106) | 44
Effect of change in provincial corporate tax rate | 27 | –
Uncertain tax positions | 9 | 60
Total income taxes | (1,133) | (995)


Question: What is the total amount of uncertain tax positions for 2019?
Answer: 15
Calculation: 6+9
7 Employee benefits
Pension plans
The Company is accounting for pension costs in accordance with International Accounting Standard 19.
The disclosures shown here are in respect of the Company’s defined benefit obligations. Other plans operated by the Company were defined contribution plans.
The total expense relating to the Company’s defined contribution pension plans in the current year was £0.7m (2018: £0.6m).
At 31st December 2019 the post-retirement mortality assumptions in respect of the Company Defined Benefit Scheme follows 85%/96% (male/female) of SAPS S2, CMI 2017 projections with a long term trend of 1.25% p.a. At 31st December 2018 the postretirement mortality assumptions in respect of the Company Defined Benefit Scheme follows 85% of SAPS S2 Light base table for males and 96% of SAPS S2 base table for females with CMI Core Projection Model 2016 improvements commencing in 2007, subject to a 1.25% p.a. long-term trend. These assumptions are regularly reviewed in light of scheme-specific experience and more widely available statistics.
The financial assumptions used at 31st December were:
The assumptions used by the actuary are the best estimates chosen from a range of possible actuarial assumptions, which due to the timescale covered, may not necessarily be borne out in practice.
Table:
 | Weighted-average assumptions used to define the benefit obligations | 
 | 2019 | 2018
 | % | %
Rate of increase in salaries | 2.4 | 2.7
Rate of increase in pensions | 2.8 | 2.9
Rate of price inflation | 2.9 | 3.2
Discount rate | 2.1 | 2.7


Question: What were the financial assumptions used at 31st December?
Answer: Rate of increase in salaries, Rate of increase in pensions, Rate of price inflation, Discount rate
On a sequential basis, ADG revenues were up 3.3%, driven by an increase in volumes of approximately 8%, partially offset by a decrease in average selling prices of approximately 5%, mostly attributable to product mix.
AMS revenues increased 12.1% driven by Analog and Imaging products. AMS increase was due to an increase of approximately 5% in average selling prices, entirely due to product mix, and to higher volumes of approximately of 7%.
MDG revenues increased by 7.9%, mainly driven by Microcontrollers, due to both higher average selling prices of approximately 6%, entirely due to product mix, and higher volumes of approximately 2%.
On a year-over-year basis, fourth quarter net revenues increased by 4.0%. ADG revenues decreased 4.5% compared to the year-ago quarter on lower revenues in both Automotive and Power Discrete. The decrease was entirely due to lower average selling prices of approximately 4%, while volumes remained substantially flat. The decrease in average selling prices was a combination of less favorable product mix and lower selling prices.
AMS fourth quarter revenues grew 9.9% year-over-year, mainly driven by Analog and Imaging. The increase was entirely due to higher average selling prices of approximately 18%, entirely attributable to product mix,
partially offset by lower volumes of approximately 8%. MDG fourth quarter revenues increased by 7.6%, mainly driven by Microcontrollers. The increase was due to higher average selling prices of approximately 9%,
entirely due to improved product mix.
Table:
 |  | Three Months Ended |  | % Variation | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018 | Sequential | Year-Over-Year
 |  |  | (Unaudited, in millions) |  | 
Automotive and Discrete Group (ADG) | $924 | $894 | $967 | 3.3% | (4.5)%
Analog, MEMS and Sensors Group (AMS) | 1,085 | 968 | 988 | 12.1 | 9.9
Microcontrollers and Digital ICs Group (MDG) | 742 | 688 | 689 | 7.9 | 7.6
Others | 3 | 3 | 4 | — | —
Total consolidated net revenues | $2,754 | $2,553 | $2,648 | 7.9% | 4.0%


Question: What led to increase in the revenue of ADG on sequential basis?
Answer: driven by an increase in volumes of approximately 8%, partially offset by a decrease in average selling prices of approximately 5%, mostly attributable to product mix.
ACQUISITIONS National Storage has successfully transacted 35 acquisitions and 4 development sites in FY19 and continues to pursue high-quality acquisitions across Australia and New Zealand. The ability to acquire and integrate strategic accretive acquisitions is one of National Storage’s major competitive advantages and a cornerstone of its growth strategy. This active growth strategy also strengthens and scales the National Storage operating platform which drives efficiencies across the business.
WINE ARK Wine Ark, Australia’s largest wine storage provider is part of the National Storage group and houses over two million bottles of fine wine across 15 centres for clients located in over 30 countries. There are few businesses in Australia with more experience when it comes to storing and managing premium wine. Throughout FY19 Wine Ark continued to strengthen its relationship and involvement in the greater wine trade supporting the Wine Communicators of Australia, Sommeliers Association of Australia, Wine Australia and Commanderie de Bordeaux (Australian Chapter).
Table:
REGION | NUMBER OF CENTRES | TOTAL NLA
Brisbane | 5 | 25,000
Gold Coast | 4 | 6,500
Sunshine Coast | 1 | 6,500
Central Coast (NSW) | 6 | 20,600
Wollongong | 3 | 12,700
Melbourne | 2 | 8,600
Adelaide | 3 | 15,500
Perth | 2 | 10,800
Auckland (NZ) | 3 | 27,000
Hamilton (NZ) | 4 | 21,600
Rotorua (NZ) | 1 | 5,000
Tauranga (NZ) | 1 | 3,200
Total Acquisitions | 35 | 163,000


Question: What was the total number of acquisitions in FY19?
Answer: 35 acquisitions
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. .

Table:
 | 12/31/2011 | 12/29/2012 | 12/28/2013 | 1/3/2015 | 1/2/2016 | 12/31/2016
cadence design systems inc . | 100.00 | 129.23 | 133.94 | 181.06 | 200.10 | 242.50
nasdaq composite | 100.00 | 116.41 | 165.47 | 188.69 | 200.32 | 216.54
s&p 400 information technology | 100.00 | 118.41 | 165.38 | 170.50 | 178.74 | 219.65
the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Question: what was the difference in percentage cumulative 5-year total stockholder return on cadence design systems inc . common stock and the s&p 400 information technology for the period ended 12/31/2016?
Answer: 22.85%
Calculation: subtract(242.50, const_100), divide(#0, const_100), subtract(219.65, const_100), divide(#2, const_100), subtract(#1, #3)
Liquidity, Going Concern and Capital Resources
See Note 1 of our Notes to Consolidated Financial Statements for a discussion of liquidity.
Cash used in operating activities of continuing operations is presented below (in thousands).
We used $13.5 million in operating cash during 2019, compared to $5.2 million of operating cash in 2018. We also funded $4.4 million of capital expenditures in 2019, compared to $3.3 million in the prior year. These capital expenditures relate primarily to our capacity expansion and debottlenecking at Golden Ridge, leasehold improvements at our Riverside facility, and our specialty ingredients’ equipment in our Dillon plant. Offsetting these uses of cash was $19.4 million of proceeds from issuances of common stock and a prefunded warrant, as well as $2.2 million of proceeds from option and warrant exercises.
As of December 31, 2019, our cash and cash equivalents balance was $8.4 million (see Note 1), compared to $7.0 million and $0.2 million of restricted cash as of December 31, 2018. As of December 31, 2019, management believes the Company has sufficient capital reserves and borrowing capacity to fund the operations of the business; however, we may seek external sources of funding for investment initiatives and/or general operations if we determine that is the best course of action.
Table:
 | Year Ended December 31 | 
 | 2019 | 2018
Cash flow from operating activities of continuing operations: |  | 
Loss from continuing operations | $ (13,735) | $ (8,101)
Adjustments to reconcile net loss to net cash used in operating activities: |  | 
Depreciation and amortization | 1,930 | 773
Stock and share-based compensation | 1,360 | 886
Settlement with Sellers of Golden Ridge | ( 849) | -
Provision for bad debts | 472 | -
Other | 13 | (14)
Changes in operating assets and liabilities: |  | 
Accounts receivable | (1,102) | 331
Inventories | 332 | (138)
Accounts payable and accrued expenses | (296) | 935
Commodities payable | (1,340) | 176
Other | (235) | (89)
Net cash used in operating activities of continuing operations | $(13,450) | $(5,241)


Question: What is the percentage change in adjustment in depreciation and amortization in 2018 and 2019?
Answer: 149.68
Calculation: (1,930 - 773)/773
Contract Balances
The following table provides information about contract assets and contract liabilities from contracts with customers.
Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, but where invoicing is delayed until the completion of other performance obligations or payment terms differ from the provisioning of services. The current portion of contract assets is reported within prepaid expenses and other in the consolidated balance sheet, and the non-current portion is included in other non-current assets. Contract liabilities (deferred revenue) primarily relate to consideration received from customers in advance of delivery of the related goods and services to the customer. Contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period.
The Company analyzes contract language to identify if a significant financing component does exist, and would adjust the transaction price for any material effects of the time value of money if the timing of payments provides either party to the contract with a significant benefit of financing the transaction.
During the fiscal years ended June 30, 2019, 2018, and 2017, the Company recognized revenue of $265,946, $269,593, and $264,517, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods.
Revenue recognized that related to performance obligations satisfied (or partially satisfied) in prior periods were immaterial for each period presented. These adjustments are primarily the result of transaction price adjustments and re-allocations due to changes in estimates of variable consideration.
Table:
 | June 30, 2019 | June 30, 2018
Receivables, net | $310,080 | $297,271
Contract Assets- Current | 21,446 | 14,063
Contract Assets- Non-current | 50,640 | 35,630
Contract Liabilities (Deferred Revenue)- Current | 339,752 | 328,931
Contract Liabilities (Deferred Revenue)- Non-current | 54,554 | 40,984


Question: Between June 30, 2019 and June 30, 2018, which year end had higher net receivables?
Answer: 2019
Calculation: $310,080>$297,271
5. Goodwill and Purchased Intangible Assets
(b) Purchased Intangible Assets
The following table presents the amortization of purchased intangible assets (in millions):
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Amortization of purchased intangible assets: |  |  | 
Cost of sales . | $624 | $640 | $556
Operating expenses |  |  | 
Amortization of purchased intangible assets | 150 | 221 | 259
Restructuring and other charges | — | — | 38
Total  . | $774 | $861 | $853


Question: Which years does the table provide information for the amortization of purchased intangible assets?
Answer: 2019, 2018, 2017
Contract costs As discussed in the Significant Accounting Policies Note, Topic 606 requires the recognition of an asset for incremental costs to obtain a customer contract, which is then amortized to expense, over the respective period of expected benefit. The Partnership recognizes a contract asset for incremental commission costs paid to Verizon Wireless personnel and agents in conjunction with obtaining customer contracts.
The costs are only deferred when it is determined the commissions are incremental costs that would not have been incurred absent the customer contract and are expected to be recovered. Costs to obtain a contract are amortized and recorded ratably as commission expense over the period representing the transfer of goods or services to which the assets relate. Costs to obtain contracts are amortized over the customers' estimated device upgrade cycle of two to three years, as such costs are typically incurred each time a customer upgrades their equipment.
The amortization periods for the costs incurred to obtain a customer contract is determined at a portfolio level due to the similarities within these customer contract portfolios. Other costs, such as general costs or costs related to past performance obligations, are expensed as incurred. Deferred contract costs are classified as current or non-current within prepaid expenses and other, and other assets – net, respectively. The balances of deferred contract costs as of December 31, 2019 and 2018, included in the balance sheet were as follows:
For the years ended December 31, 2019 and 2018, the Partnership recognized expense of $3,126 and $2,161, respectively, associated with the amortization of deferred contract costs, primarily within selling, general and administrative expenses in the statements of income.
Deferred contract costs are assessed for impairment on an annual basis. An impairment charge is recognized to the extent the carrying amount of a deferred cost exceeds the remaining amount of consideration expected to be received in exchange for the goods and services related to the cost, less the expected costs related directly to providing those goods and services that have not yet been recognized as expenses. There have been no impairment charges recognized for the year ended December 31, 2019 and 2018.
Table:
 | 2019 | 2018
Assets |  | 
Prepaid expenses and other | $ 3,027 | $ 2,347
Other assets - net | 1,824 | 1,831
Total | $ 4,851 | $ 4,178


Question: What is the Total assets for 2019?
Answer: $ 4,851
Our net sales to significant customers as a percentage of total net sales were as follows:
We sell parts to these three transportation customers for certain vehicle platforms under purchase agreements that have no volume commitments and are subject to purchase orders issued from time to time.
No other customer accounted for 10% or more of total net sales during these periods. We continue to focus on broadening our customer base to diversify our end market exposure.
Changes in the level of our customers' orders have, in the past, had a significant impact on our operating results. If a major customer reduces the amount of business it does with us, or substantially changes the terms of that business, there could be an adverse impact on our operating results
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Cummins Inc. | 16.1% | 15.2% | 13.4%
Honda Motor Co. | 11.6% | 10.5% | 11.2%
Toyota Motor Corporation | 9.6% | 10.5% | 10.2%


Question: What was the percentage of total net sales occupied by Honda Motor Co. in 2019?
Answer: 11.6
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:
Table:
 |  |  | Year Ended December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (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


Question: What are the values of revenue for years ended December 31, 2019 to 2015 respectively?
Answer: $111,412, $111,322, $106,524, $114,263, $123,961