hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
General and Administrative Expenses
General and administrative expenses increased $38 million, or 36%, in 2019 compared to 2018. The overall increase was primarily due to increased employee compensation-related costs of $15 million, driven by headcount growth, and a one-time termination-related charge of $3 million during 2019. The overall increase was also driven by costs associated with our acquisition of Smooch in 2019 including transaction costs of $3 million and a one-time share-based compensation charge of $3 million related to accelerated stock options of Smooch. Further contributing to the overall increase was an increase in allocated shared costs of $3 million
General and administrative expenses increased $22 million, or 27%, in 2018 compared to 2017. The overall increase was primarily due to increased employee compensation-related costs of $15 million, driven by headcount growth, and increased allocated shared costs of $3 million.
Table:
 |  | Year Ended December 31 |  |  | 
 | 2019 | 2018 |  | 2018 to 2019 % change | 2017 to 2018 % change
 |  |  | (In thousands, except percentages) |  | 
General and Administrative | $ 141,076 | $ 103,491 | $ 81,680 | 36% | 27%


Question: What is the overall increase in general and administrative expenses from 2017 to 2019?
Answer: 60
Calculation: 38 + 22
The plan assets of METRO are distributed between the following countries:
The above commitments are valued on the basis of actuarial calculations in accordance with relevant provisions of IAS 19. The basis for the measurement is the legal and economic circumstances prevailing in each country.
Table:
€ million | 30/9/2018 | 30/9/2019
Germany | 71 | 81
Netherlands | 584 | 671
United Kingdom | 209 | 237
Belgium | 50 | 52
Other countries | 26 | 25
 | 940 | 1,066


Question: What was the percentage change in the amount for Germany in FY2019 from FY2018?
Answer: 14.08
Calculation: (81-71)/71
We completed our qualitative assessment of our indefinite-lived intangible assets other than goodwill as of December 31, 2019 and 2018 and concluded it is more likely than not that our indefinite-lived intangible assets are not impaired; thus, no impairment charge for these assets was recorded in 2019 or 2018.
The following tables show the rollforward of goodwill assigned to our reportable segments from December 31, 2017 through December 31, 2019.
(1) Goodwill is net of accumulated impairment losses of $1.1 billion that related to our former hosting segment now included in our business segment.
(2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination. (2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination.
(3) Includes $58 million decrease due to effect of foreign currency exchange rate change.
Table:
 | Business | Consumer | Total
 |  | (Dollars in millions) | 
As of December 31, 2017(1) | $20,197 | 10,278 | 30,475
Purchase accounting and other adjustments(2)(3) | 250 | 32 | 282
Impairment | — | (2,726) | (2,726)
As of December 31, 2018 | $20,447 | 7,584 | 28,031


Question: How much of Level 3 goodwill is allocated to consumer?
Answer: $32 million
17. Earnings Per Share
Basic earnings per share is computed by dividing the net income attributable to ordinary shareholders by the weighted-average number of ordinary shares outstanding during the period. Diluted earnings per share is computed by giving effect to all potential weighted-average dilutive shares. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method.
A reconciliation of the calculation of basic and diluted loss per share is as follows:
* As adjusted to reflect the impact of the full retrospective adoption of IFRS 15. See Note 2 for further details.
For fiscal years ended June 30, 2019, 2018 and 2017 , 9.6 million, 12.8 million and 13.8 million, respectively of potentially anti-dilutive shares were excluded from the computation of net loss per share.
Table:
 | Fiscal Year Ended June 30, |  | 
 | 2019 | 2018 | 2017
 |  | (U.S. $ in thousands, except per share data) | 
 |  | *As Adjusted | *As Adjusted
Numerator: |  |  | 
Net loss attributable to ordinary shareholders | $(637,621) | $(113,432) | $(37,449)
Denominator: |  |  | 
Weighted-average ordinary shares outstanding—basic | 238,611 | 231,184 | 222,224
Weighted-average ordinary shares outstanding—diluted | 238,611 | 231,184 | 222,224
Net loss per share attributable to ordinary shareholders: |  |  | 
Basic net loss per share | $(2.67) | $(0.49) | $(0.17)
Diluted net loss per share | $(2.67) | $(0.49) | $(0.17)


Question: What is the percentage change for the weighted-average ordinary basic shares outstanding between fiscal years ended June 30, 2018 and 2019?
Answer: 3.21
Calculation: (238,611-231,184)/231,184
Subsequent to the year end, we have received the final ratifications required for full planning to become effective and therefore we expect the positive impact on retained earnings to reverse once these arrangements are formally concluded. In this event EPRA NAV per share would have been 143 pence.
Debt measures
A Debt to asset ratio
Our debt to assets ratio increased to 67.8 per cent in 2019 due to the property revaluation deficit in the year. This reduces to 65.3 per cent when adjusted for expected disposal proceeds from intu Puerto Venecia and intu Asturias.
B Interest cover
Interest cover of 1.67x remains above our target minimum level of 1.60x although it has reduced in 2019 as a result of the reduction in net rental income.
C Immediately available cash and facilities
Immediately available cash and facilities has reduced in the year by £5.3 million to £241.5 million at 31 December 2019. This excludes the rents collected at the end of December 2019 which relate to the first quarter of 2020 and remain in the debt structures until interest payments are made. At 10 March 2020, immediately available cash and facilities is £200.3 million, which will be augmented by the intu Puerto Venecia sales proceeds expected to be received in early April.
Table:
 | Notes | 2019 | 2018 | Change
Debt to assets ratio | A | 67.8% | 53.1% | 14.7%
Interest cover | B | 1.67x | 1.91x | –0.24x
Weighted average debt maturity |  | 5.0 years | 5.8 years | –0.8 years
Weighted average cost of gross debt (excluding RCF) |  | 4.3% | 4.2% | –0.1%
Proportion of gross debt with interest rate protection |  | 88% | 84% | 4%
Immediately available cash and facilities | C | £241.5m | £246.8m | £(5.3)m


Question: What is debt to assets ratio in 2019?
Answer: 67.8
The following table presents the contractual maturities of our debt investments as of April 26, 2019 (in millions):
Actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations.
Table:
 | Amortized Cost | Fair Value
Due in one year or less | $ 591 | $ 589
Due after one year through five years | 644 | 642
Due after five years through ten years | 455 | 452
 | $ 1,690 | $ 1,683


Question: What was the difference between the amortized cost and fair value that was due after five years through ten years?
Answer: 3
Calculation: 455-452
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
The following table reflects the impact of consolidation of GS Holdings into the Consolidated Statements of Operations for the years indicated.
Table:
 | Year Ended December 31, | 
 | 2019 | 2018
Total revenue | $529,646 | $414,673
Total costs and expenses | 408,693 | 261,883
Operating profit | 120,953 | 152,790
Total other income (expense), net | (22,297) | (19,276)
Net income | $98,656 | $133,514


Question: What was the change in operating profit between 2018 and 2019?
Answer: -31837
Calculation: 120,953-152,790
The funded status of the plans was as follows:
(in thousands)
Table:
 | Years Ended March 31, | 
 | 2019 | 2018
Fair value of plan assets | $90,365 | $84,718
Less: projected benefit obligations | 143,662 | 128,915
Underfunded status | $(53,297) | $(44,197)


Question: What was the fair value of plan assets in 2018?
Answer: $84,718
The change in projected benefit obligation and the accumulated benefit obligation, were as follows (in millions):
The Company's pension liability represents the present value of estimated future benefits to be paid. The discount rate is based on the quarterly average yield for Euros treasuries with a duration of 30 years, plus a supplement for corporate bonds  consolidated balance sheets, will be recognized as a component of net periodic cost over the average remaining service period.
As the defined benefit plans are unfunded, the liability recognized on the Company's consolidated balance sheet as of March 31, 2019 was $72.7 million of which $1.3 million is included in accrued liabilities and $71.4 million is included in other long-term liabilities. The liability recognized on the Company's consolidated balance sheet as of March 31, 2018 was $61.0 million of which $0.9 million is included in accrued liabilities and $60.1 million is included in other long-term liabilities.
Table:
 | Year Ended March 31, | 
 | 2019 | 2018
Projected benefit obligation at the beginning of the year | $61.0 | $50.4
Additions due to acquisition of Microsemi | 9.8 | —
Service cost | 1.5 | 2.2
Interest cost | 1.1 | 1.0
Actuarial losses | 6.0 | 0.7
Benefits paid | (0.9) | (0.8)
Foreign currency exchange rate changes | (5.8) | 7.5
Projected benefit obligation at the end of the year | $72.7 | $61.0
Accumulated benefit obligation at the end of the year | $66.7 | $55.5
Weighted average assumptions |  | 
Discount rate | 1.41% | 1.73%
Rate of compensation increase | 2.79% | 2.91%


Question: What was the change in the Discount rate between 2018 and 2019?
Answer: -0.32
Calculation: 1.41-1.73
18. Trade and other payables  Significant accounting policies that apply to trade and other payables We initially recognise trade and other payables at fair value, which is usually the original invoiced amount. We subsequently carry them at amortised cost using the effective interest method.
a Deferred income recognised in prior periods has substantially been reclassified to contract liabilities on adoption of IFRS 15, see notes 1 and 2. The remaining balance includes £51m (2017/18: £132m, 2016/17: £71m) current and £586m (2017/18: £404m, 2016/17: £375m) non-current liabilities relating to the Broadband Delivery UK programme, for which grants received by the group may be subject to re-investment or repayment depending on the level of take-up.
b Other payables relate to operating lease liabilities and deferred gains on a 2001 sale and finance leaseback transaction.
Table:
 | 2019 | 2018 | 2017
At 31 March | £m | £m | £m
Current |  |  | 
Trade payables | 4,141 | 3,991 | 4,205
Other taxation and social security | 564 | 704 | 704
Other payables | 387 | 456 | 672
Accrued expenses | 630 | 492 | 382
Deferred income a | 68 | 1,525 | 1,474
 | 5,790 | 7,168 | 7,437


Question: What is the change in Current: Other taxation and social security from 2019 to 2018?
Answer: -140
Calculation: 564-704
The following table summarizes our purchase commitments with contract manufacturers and suppliers as of the respective period ends (in millions):
Purchase commitments with contract manufacturers and suppliers decreased by approximately 23% compared to the end of fiscal 2018. On a combined basis, inventories and purchase commitments with contract manufacturers and suppliers decreased by 24% compared with the end of fiscal 2018.
Inventory and supply chain management remain areas of focus as we balance the need to maintain supply chain flexibility to help ensure competitive lead times with the risk of inventory obsolescence because of rapidly changing technology and customer requirements. We believe the amount of our inventory and purchase commitments is appropriate for our revenue levels.
Table:
Commitments by Period | July 27, 2019 | July 28, 2018
Less than 1 year | $4,239 | $5,407
1 to 3 years | 728 | 710
3 to 5 years | — | 360
Total | $4,967 | $6,477


Question: Why is inventory and supply chain management an area of focus for the company?
Answer: we balance the need to maintain supply chain flexibility to help ensure competitive lead times with the risk of inventory obsolescence because of rapidly changing technology and customer requirements.
3. REVENUE FROM CONTRACTS WITH CUSTOMERS
Revenues and related costs on construction contracts are recognized as the performance obligations are satisfied over time in accordance with ASC 606, Revenue from Contracts with Customers. Under ASC 606, revenue and associated profit, will be recognized as the customer obtains control of the goods and services promised in the contract (i.e., performance obligations). The cost of uninstalled materials or equipment will generally be excluded from the Company’s recognition of profit, unless specifically produced or manufactured for a project, because such costs are not considered to be a measure of progress.
The following tables summarize the impact of the adoption of ASC 606 on the Company’s condensed consolidated statement of operations for the year ended December 31, 2018 and the consolidated balance sheet as of December 31, 2018:
Table:
 |  | For the Year Ended December 31, 2018 | 
 | As Reported | Without Adoption of ASC 606 | Impact of Adoption of ASC 606
Revenue | $70,965 | $68,845 | $(2,120)
Cost of goods sold | 58,701 | 57,471 | (1,230)
Gross profit | 12,264 | 11,374 | (890)


Question: What is the  Revenue as reported?
Answer: $70,965
The following table sets forth information known to us with respect to the beneficial ownership of our common shares as of (i) April 12, 2020, our most recent record date, and (ii) as of certain record dates in each of the preceding three years, for (1) the stockholders known by us to beneficially own more than 2% of our common shares and (2) all directors and executive officers as a group. Beneficial ownership is determined in accordance with SEC rules.
(1) 36.49% owned by United Microelectronics Corporation as of March 31, 2020.
None of our major stockholders have different voting rights from those of our other stockholders. To the best of our knowledge, we are not directly or indirectly controlled by another corporation, by any foreign government or by any other natural or legal person severally or jointly.
For information regarding our common shares held or beneficially owned by persons in the United States, see “Item 9. The Offer and Listing—A. Offer and Listing Details—Market Price Information for Our American Depositary Shares” in this annual report.
Table:
 | As of April 14, 2018 | As of April 14, 2019 | As of April 12, 2020 | As of April 12, 2020
 | Number of common shares beneficially owned | Number of common shares beneficially owned | Number of common shares beneficially owned | Number of common shares beneficially owned
Name of Beneficial Owner |  |  |  | 
Hsun Chieh Investment Co., Ltd. (1) | 3.50% | 3.64% | 441,371,000 | 3.75%
Silicon Integrated Systems Corp. | 2.50% | 2.35% | 285,380,424 | 2.42%
Directors and executive officers as a group | 6.32% | 6.67% | 832,664,416 | 7.07%


Question: What is the increase/ (decrease) in number of common shares beneficially owned of Directors and executive officers as a group from April 14, 2018 to April 14, 2019?
Answer: 0.35
Calculation: 6.67-6.32
As of December 31, 2019, we had 19,577 employees, which included 11,328 engineers, 7,416 technicians and 833 administrative staff performing administrative functions on a consolidated basis. We have in the past implemented, and may in the future evaluate the need to implement, labor redundancy plans based on the work performance of our employees.
Employee salaries are reviewed annually. Salaries are adjusted based on industry standards, inflation and individual performance. As an incentive, additional bonuses in cash may be paid at the discretion of management based on the performance of individuals. In addition, except under certain circumstances, R.O.C. law requires us to reserve from 10% to 15% of any offerings of our new common shares for employees’ subscription.
Our employees participate in our profit distribution pursuant to our articles of incorporation. Employees are entitled to receive additional bonuses based on a certain percentage of our allocable surplus income. On February 26, 2020, our board of directors proposed an employee bonus in cash in the aggregate amount of NT$1,133 million (US$38 million) in relation to retained earnings in 2019.
Our employees are not covered by any collective bargaining agreements. We believe we have a good relationship with our employees.
Table:
 |  | As of December 31, | 
 | 2017 | 2018 | 2019
Employees |  |  | 
Engineers | 11,846 | 11,651 | 11,328
Technicians | 7,432 | 7,494 | 7,416
Administrative Staff | 798 | 784 | 833
Total | 20,076 | 19,929 | 19,577


Question: What is the criteria for an employee to receive additional bonuses?
Answer: Employees are entitled to receive additional bonuses based on a certain percentage of our allocable surplus income.
NantHealth, Inc
Consolidated Statements of Cash Flows (Continued)
(Dollars in thousands)
(1) Cash and cash equivalents included restricted cash of $1,136, $1,136, and $350 at December 31, 2019, 2018, and 2017 included in other assets, respectively. Restricted cash consists of funds that are contractually restricted as to usage or withdrawal related to the Company's security deposits in the form of standby letters of credit for leased facilities. No amounts have been drawn upon the letters of credit as of December 31, 2019.
The accompanying notes are an integral part of these Consolidated Financial Statements.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Supplemental disclosure of cash flow information |  | 
Income taxes paid | $318 | $15
Interest paid | $5,909 | $5,885
Interest received | — | 13
Noncash investing and financing activities |  | 
Purchases of property and equipment (including internal use software) | 1,068 | 529
Assignment of NantHealth Labs (see Note 20) | — | 8,956


Question: What are the respective income taxes paid in 2018 and 2019?
Answer: $15, $318
Note 6 Segments
The Company’s segment reporting structure consists of two reportable segments and a Corporate category as follows: • Food Care; and • Product Care.
The Company’s Food Care and Product Care segments are considered reportable segments under FASB ASC Topic 280. Our reportable segments are aligned with similar groups of products. Corporate includes certain costs that are not allocated to or monitored by the reportable segments' management. The Company evaluates performance of the reportable segments based on the results of each segment. The performance metric used by the Company's chief operating decision maker to evaluate performance of our reportable segments is Adjusted EBITDA. The Company allocates expense to each segment based on various factors including direct usage of resources, allocation of headcount, allocation of software licenses or, in cases where costs are not clearly delineated, costs may be allocated on portion of either net trade sales or an expense factor such as cost of goods sold.
We allocate and disclose depreciation and amortization expense to our segments, although depreciation and amortization are not included in the segment performance metric Adjusted EBITDA. We also allocate and disclose restructuring charges and impairment of goodwill and other intangible assets by segment. However, restructuring charges and goodwill are not included in the segment performance metric Adjusted EBITDA since they are categorized as certain specified items (“Special Items”), in addition to certain transaction and other charges and gains related to acquisitions and divestitures and certain other specific items excluded from the calculation of Adjusted EBITDA. The accounting policies of the reportable segments and Corporate are the same as those applied to the Consolidated Financial Statements.
The following tables show Net Sales and Adjusted EBITDA by reportable segment:
Table:
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Net Sales |  |  | 
Food Care | $ 2,880.5 | $ 2,908.1 | $ 2,815.2
As a % of Total Company net sales | 60.1% | 61.4% | 63.1%
Product Care | 1,910.6 | 1,824.6 | 1,646.4
As a % of Total Company net sales | 39.9% | 38.6% | 36.9%
Total Company Net Sales | $ 4,791.1 | $ 4,732.7 | $ 4,461.6
 |  |  | 
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Adjusted EBITDA from continuing operations |  |  | 
Food Care | $ 629.3 | $ 577.8 | $ 538.1
Adjusted EBITDA Margin | 21.8% | 19.9% | 19.1%
Product Care | 349.9 | 318.6 | 292.2
Adjusted EBITDA Margin | 18.3% | 17.5% | 17.7%
Corporate | (14.4) | (6.9) | 3.0
Total Company Adjusted EBITDA from continuing operations | $ 964.8 | $ 889.5 | $ 833.3
Adjusted EBITDA Margin | 20.1% | 18.8% | 18.7%


Question: What is the difference between the growth rate of net sales of Food care as compared to product care from 2017 to 2019?
Answer: -13.73
Calculation: (2,880.5-2,815.2)/2,815.2-(1,910.6-1,646.4)/1,646.4
The following table illustrates the classification of pre-payroll tax and social contribution stock-based compensation expense included in the consolidated statements of income for the years ended December 31, 2019, December 31, 2018 and December 31, 2017:
The fair value of the shares vested in 2019 was $114 million compared to $68 million for 2018 and $38 million for 2017.
Compensation cost, excluding payroll tax and social contribution, capitalized as part of inventory was $6 million as of December 31, 2019, compared to $6 million as of December 31, 2018 and $3 million as of December 31, 2017. As of December 31, 2019, there was $138 million of total unrecognized compensation cost related to the grant of unvested shares, which is expected to be recognized over a weighted average period of approximately 9 months.
The total deferred income tax benefit recognized in the consolidated statements of income related to unvested share-based compensation expense amounted to $9 million, $7 million and $3 million for the years ended December 31, 2019, 2018 and 2017, respectively.
Table:
 | December 31, 2019 | December 31, 2018 | December 31, 2017
Cost of sales | 22 | 23 | 12
Selling, general and administrative | 46 | 67 | 31
Research and development | 77 | 35 | 18
Total pre-payroll tax and social contribution compensation | 145 | 125 | 61


Question: What was the total deferred income tax benefit recognized in 019?
Answer: $9 million
Other Income (Expense)
Interest income in 2019 increased by $0.4 million due to an increase in interest income earned on investment securities and money market portfolios.
Interest expense in 2019 decreased by $6.6 million due to the payoff of the 1.50% convertible notes due July 1, 2018 with a principal amount of $253.0 million (the “2018 Notes”) in the third quarter of 2018. Refer to the section titled “Liquidity and Capital Resources” for additional information on the convertible notes.
Other, net primarily included foreign exchange gains and losses related to transactions denominated in foreign currencies, as well as foreign exchange gains and losses related to our intercompany loans and certain cash accounts. Foreign exchange gains and losses for the years ended December 31, 2019, 2018, and 2017, were primarily driven by fluctuations in the euro and US dollar in relation to the British pound.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Interest income | $8,178 | $7,796 | $2,951
Interest expense | (21,559) | (28,176) | (14,762)
Other, net | 84 | (3,098) | 1,478
Other expense, net | $(13,297) | $(23,478) | $(10,333)


Question: What was the percentage change in interest income between 2018 and 2019?
Answer: 4.9
Calculation: ($8,178-$7,796)/$7,796