hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
iv. Details of the Remuneration for the year ended March 31, 2019:
a. Non-Executive Directors:
@ As a policy, N Chandrasekaran, Chairman, has abstained from receiving commission from the
Company.
@@ In line with the internal guidelines of the Company, no payment is made towards commission to
the Non-Executive Directors of the Company, who are in full time employment with any other Tata
company.
* Relinquished the position of Independent Director w.e.f. July 10, 2018.
** Relinquished the position of Independent Director w.e.f. September 28, 2018.
*** Appointed as an Additional and Independent Director w.e.f. December 18, 2018.
**** Appointed as an Additional and Independent Director w.e.f. January 10, 2019.
Table:
 |  | (` lakh)
Name | Commission | Sitting Fees
N Chandrasekaran, Chairman@ | - | 3.60
Aman Mehta | 315.00 | 4.80
V Thyagarajan* | 100.00 | 3.00
Prof Clayton M Christensen** | 75.00 | 0.30
Dr Ron Sommer | 220.00 | 5.10
O P Bhatt | 215.00 | 7.50
Aarthi Subramanian@@ | - | 5.70
Dr Pradeep Kumar Khosla | 150.00 | 2.10
Hanne Sorensen*** | 50.00 | 0.60
Keki Mistry*** | 50.00 | 0.60
Don Callahan**** | 35.00 | 0.30
Total | 1,210.00 | 33.60


Question: What is the amount (in lakh) of the lowest sitting fee?
Answer: 0.30
Our net sales by market sector for the indicated fiscal years were as follows (in millions):
Healthcare/Life Sciences. Net sales for fiscal 2019 in the Healthcare/Life Sciences sector increased $180.1 million, or 17.3%, as compared to fiscal 2018. The increase was driven by overall net increased customer end-market demand, a $32.7 million increase in production ramps of new products for existing customers and a $26.9 million increase in production ramps for new customers.
Industrial/Commercial. Net sales for fiscal 2019 in the Industrial/Commercial sector increased $63.5 million, or 6.9%, as compared to fiscal 2018. The increase was driven by a $64.8 million increase in production ramps of new products for existing customers and a $33.2 million increase in production ramps for new customers. The increase was partially offset by a $7.3 million decrease due to end-of-life products, a $4.2 million decrease due to a disengagement with a customer and overall net decreased customer end-market demand.
Aerospace/Defense. Net sales for fiscal 2019 in the Aerospace/Defense sector increased $143.5 million, or 32.2%, as compared to fiscal 2018. The increase was driven by a $120.2 million increase in production ramps of new products for existing customers, a $9.9 million increase in production ramps for new customers and overall net increased customer end-market demand.
Communications. Net sales for fiscal 2019 in the Communications sector decreased $96.2 million, or 20.4%, as compared to fiscal 2018. The decrease was driven by a $37.3 million reduction due to disengagements with customers, a $15.3 million decrease due to end-of-life products and overall net decreased customer endmarket demand. The decrease was partially offset by an $18.1 million increase in production ramps of new products for existing customers and a $4.5 million increase in production ramps for new customers.
Table:
Market Sector  | 2019 | 2018
Healthcare/Life Sciences  | $1,220.0 | $1,039.9
Industrial/Commercial  | 981.2 | 917.7
Aerospace/Defense  | 588.6 | 445.1
Communications  | 374.6 | 470.8
Total net sales | 3,164.4 | 2,873.5


Question: What was the percentage change in the total net sales between 2018 and 2019?
Answer: 10.12
Calculation: (3,164.4-2,873.5)/2,873.5
8 EXPENSES BY NATURE
Note: (a) Transaction costs primarily consist of bank handling fees, channel and distribution costs.
(b) During the year ended 31 December 2019, the Group incurred expenses for the purpose of research and development of approximately RMB30,387 million (2018: RMB22,936 million), which comprised employee benefits expenses of approximately RMB24,478 million (2018: RMB19,088 million).
During the year ended 31 December 2019, employee benefits expenses included the share-based compensation expenses of approximately RMB10,500 million (2018: RMB7,900 million).
No significant development expenses had been capitalised for the years ended 31 December 2019 and 2018.
(c) Included the amortisation charges of intangible assets mainly in respect of media contents.
During the year ended 31 December 2019, amortisation of intangible assets included the amortisation of intangible assets resulting from business combinations of approximately RMB1,051 million (2018: RMB524 million).
Table:
 | 2019 | 2018
 | RMB’Million | RMB’Million
Transaction costs (Note (a)) | 85,702 | 69,976
Employee benefits expenses (Note (b) and Note 13) | 53,123 | 42,153
Content costs (excluding amortisation of intangible assets) | 48,321 | 39,061
Amortisation of intangible assets (Note (c) and Note 20) | 28,954 | 25,616
Bandwidth and server custody fees (excluding depreciation of right-of-use assets) | 16,284 | 15,818
Depreciation of property, plant and equipment, investment properties and right-of-use assets (Note 16 and Note 18) | 15,623 | 8,423
Promotion and advertising expenses | 16,405 | 19,806
Travelling and entertainment expenses | 1,773 | 1,450
Auditor’s remuneration |  | 
– Audit and audit-related services | 105 | 110
– Non-audit services | 43 | 26


Question: How much is the change in Employee benefits expenses from 2018 to 2019?
Answer: 10970
Calculation: 53,123-42,153
NOTE 14 – MAJOR CUSTOMERS AND VENDORS (CONTINUED)
Our accounts receivable includes 3 customers that individually make up more than 10% of our accounts receivable at December 31, 2019 in the percentages of 17.8%, 15.4% and 13.3%.
The Company had four key partners through which 10% or greater of its revenue was generated in either 2019 or 2018 as set forth below. The amounts in the table below reflect the amount of revenue generated through those customers.
Table:
 | 2019 |  | 2018 | 
 | $ | %   | $ | % 
Partner A   | 1,315,706 | 5.3 | 6,841,386 | 32.3
Partner B   | 9,210,347 | 37.4 | 5,350,393 | 25.2
Partner C   | 4,051,217 | 16.5 | 2,584,103 | 12.2
Partner D   | 1,007,573 | 4.1 | 2,159,356 | 10.2


Question: What are the amounts of revenue generated from Partner B in 2018 and 2019, respectively?
Answer: 5,350,393, 9,210,347
Revenue
Both reported and adjusted revenue fell by 1% as growth in our Consumer business, was more than offset by regulated price reductions in Openreach and declines in our enterprise businesses in particular in fixed voice and also reflecting our strategy to reduce low margin activity such as equipment sales. Excluding the negative impact of £35m from foreign exchange movements, underlying revenue fell 0.9% (2017/18: fell 1%), which exceeds our expectation of down around 2%.
You can find details of revenue by customer-facing unit on pages 40 to 41. Note 6 to the consolidated financial statements shows a full breakdown of reported revenue by all our major product and service categories.
Operating costs
Reported operating costs were down 2% and adjustedb operating costs before depreciation and amortisation were down 1%. This was mainly driven by restructuring related cost savings and lower payments to telecommunications operators driven by Global Services strategy to de-emphasise low margin business, partly offset by higher costs of recruiting and training engineers to support Openreach’s ‘Fibre First’ programme and help deliver improved customer service.
Our cost transformation programme remains on track. c4,000 roles were removed in the year, with the largest elements being in Global Services and our Corporate Units. Overall savings from the programme are currently an annualised benefit of £875m with an associated cost of £386m. Note 7 to the consolidated financial statements shows a detailed breakdown of our operating costs.
Note 7 to the consolidated financial statements shows a detailed breakdown of our operating costs.
a Excluding depreciation and amortisation.
Table:
 | 2019 | 2018 | 2017
Year ended 31 March | £m | £m | £m
Revenue | 23,428 | 23,723 | 24,062
Operating costs a | (16,461) | (16,828) | (17,323)
Depreciation and amortisation | (3,546) | (3,514) | (3,572)
Operating profit | 3,421 | 3,381 | 3,167
Net finance expense | (756) | (764) | (804)
Associates and joint ventures | 1 | (1) | (9)
Profit before tax | 2,666 | 2,616 | 2,354
Tax | (507) | (584) | (446)
Profit for the period | 2,159 | 2,032 | 1,908


Question: What is the change in the revenue from 2018 to 2019?
Answer: -295
Calculation: 23,428 - 23,723
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 accounts for the increase in net revenue in 2018?
Answer: Due to growth in switches, partially offset by the decrease in network storage.
The following unaudited pro forma financial information is presented as if the acquisitions had taken place at the beginning of the periods presented and should not be taken as representative of the Company’s future consolidated results of operations. The following unaudited pro forma information includes adjustments for the amortization expense related to the identified intangible assets.
The following table summarizes the Company’s unaudited pro forma financial information is presented as if the acquisitions occurred on October 1, 2017 (amounts shown in thousands):
For the year ended September 30, 2018, revenue of $9.1 million and a net loss of $5.3 million related to the A2iA and ICAR businesses since the respective acquisition dates are included in the Company's consolidated statements of operations.
Table:
 | For the years ended September 30, | 
 | 2019 | 2018
Pro forma revenue | $86,206 | $78,130
Pro forma net income (loss) | $889 | $(12,268)


Question: What is the average pro forma net income (loss) for the last 2 years, i.e. 2018 and 2019?
Answer: -5689.5
Calculation: (889+(-12,268))/2
Operating Expenses
The following table sets forth, for the periods indicated, the amount of operating expenses and their relative percentages of total net sales by the line items reflected in our consolidated statement of operations (dollars in thousands):
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
 |  | (Dollars in thousands) |  | 
Research and development | $117,353 | 8.2% | $132,586 | 7.0%
Selling, general and administrative | 272,257 | 19.0% | 293,632 | 15.4%
Impairment and other charges | — | —% | 766 | —%
Amortization of intangible assets | 13,760 | 1.0% | 10,690 | 0.6%
Total operating expenses | $403,370 | 28.2% | $437,674 | 23.0%


Question: What was the percentage change in the amount of Amortization of intangible assets in 2019 from 2018?
Answer: 28.72
Calculation: (13,760-10,690)/10,690
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 percentage change in net revenue from 2017 to 2019?
Answer: 6.08
Calculation: (287,372-270,908)/270,908
Geographical information
Net revenues by geography are based on the billing addresses of our customers. The following table represents net revenues by geographic area for the periods presented:
Note: The Americas include U.S., Canada, and Latin America; EMEA includes Europe, Middle East, and Africa; APJ includes Asia Pacific and Japan
Revenues from customers inside the U.S. were $2.8 billion, $2.8 billion, and $2.1 billion during fiscal 2019, 2018, and 2017, respectively. No other individual country accounted for more than 10% of revenues.
Table:
 |  | Year Ended | 
(In millions) | March 29, 2019 | March 30, 2018 | March 31, 2017
Americas | $3,028 | $3,031 | $2,329
EMEA | 1,002 | 1,048 | 955
APJ | 701 | 755 | 735
Total net revenues | $4,731 | $4,834 | $4,019


Question: What is the average Total net revenues for fiscal years 2019, 2018 and 2017?
Answer: 4528
Calculation: (4,731+4,834+4,019)/3
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 6. EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding (using the if-converted and treasury stock methods), if our outstanding stock options and restricted stock units had been converted to common shares, and if such assumed conversion is dilutive.
The following is a reconciliation of the weighted-average shares outstanding used in the calculation of basic and diluted earnings per share for the years ended December 31, 2019, 2018 and 2017:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Income from continuing operations | $56,495 | $147,149 | $136,101
Income from continuing operations attributable to noncontrolling interest | 34 | 86 | —
Income from continuing operations attributable to Advanced Energy Industries, Inc. | $56,461 | $147,063 | $136,101
Basic weighted-average common shares outstanding | 38,281 | 39,081 | 39,754
Assumed exercise of dilutive stock options and restricted stock units | 214 | 271 | 422
Diluted weighted-average common shares outstanding | 38,495 | 39,352 | 40,176
Continuing operations: |  |  | 
Basic earnings per share | $ 1.47 | $ 3.76 | $  3.42
Diluted earnings per share | $ 1.47 | $ 3.74 | $  3.39


Question: How was Basic earnings per share (“EPS”) computed by the company?
Answer: by dividing income available to common stockholders by the weighted-average number of common shares outstanding during the period.
Reconciliation of net voyage revenues to voyage revenues:
(1) Vessel Calendar Days is the total number of days the vessels were in our fleet.
(2) Time Charter Equivalent ("TCE") Rate, results from Net Voyage Revenue divided by total TCE days.
Table:
 |  | Years Ended December 31,     | 
All figures in USD '000, except TCE rate per day  | 2018 | 2017 | Variance 
Voyage Revenue   | 289,016 | 297,141 | (2.7%)
Less Voyage expenses   | (165,012) | (142,465) | 15.8%
Net Voyage Revenue   | 124,004 | 154,676 | (19.8%)
Vessel Calendar Days (1)   | 9,747 | 10,892 | (10.5%)
Less off-hire days   | 277 | 867 | (68.1%)
Total TCE days   | 9,470 | 10,025 | (5.5%)
TCE Rate per day (2)  | $13,095 | $15,428 | (15.1%)
Total Days for vessel operating expenses   | 9,747 | 10,892 | (10.5%)


Question: What is the value of the net voyage revenue in 2017 as a percentage of the net voyage revenue in 2018?
Answer: 124.73
Calculation: 154,676/124,004
notes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d . 1 . nature of operations operations and segmentation 2013 we are a class i railroad that operates in the united states . we have 32094 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways . we serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico . export and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders . the railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment . although revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network . the following table provides revenue by commodity group : millions of dollars 2009 2008 2007 .

Table:
millions of dollars | 2009 | 2008 | 2007
agricultural | $ 2666 | $ 3174 | $ 2605
automotive | 854 | 1344 | 1458
chemicals | 2102 | 2494 | 2287
energy | 3118 | 3810 | 3134
industrial products | 2147 | 3273 | 3077
intermodal | 2486 | 3023 | 2925
total freight revenues | $ 13373 | $ 17118 | $ 15486
other revenues | 770 | 852 | 797
total operating revenues | $ 14143 | $ 17970 | $ 16283
although our revenues are principally derived from customers domiciled in the united states , the ultimate points of origination or destination for some products transported are outside the united states .
basis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the united states of america ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .
subsequent events evaluation 2013 we evaluated the effects of all subsequent events through february 5 , 2010 , the date of this report , which is concurrent with the date we file this report with the u.s .
securities and exchange commission ( sec ) .
2 .
significant accounting policies change in accounting principle 2013 we have historically accounted for rail grinding costs as a capital asset .
beginning in the first quarter of 2010 , we will change our accounting policy for rail grinding costs .

Question: what percent of total freight revenues was the chemicals group in 2009?
Answer: 16%
Calculation: divide(2102, 13373)
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 . the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation . we used the proceeds of the issuance for general corporate purposes . on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid . on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 . the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation . we used the proceeds of the issuance for general corporate purposes . credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s . credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s . credit facility expiring in february 2020 ( the "2020 facility" ) . the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility . each of these facilities is intended to support our commercial paper obligations and our general working capital needs . in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly . at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 . effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: .

Table:
years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1
we use ebitda , as defined by our financial covenants , as a non-gaap measure .
this supplemental information related to ebitda represents a measure not in accordance with u.s .
gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .
shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .
our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .

Question: what is the time-interest-earned ratio for 2015?
Answer: 9.2
Calculation: divide(2505, 273)