hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
At March 31, 2019, the Company had $7.7 million of unrecognized tax benefits. A reconciliation of gross unrecognized tax benefits (excluding interest and penalties) is as follows (amounts in thousands):
At March 31, 2019, $1.9 million of the $7.7 million of unrecognized income tax benefits would affect the Company’s effective income tax rate, if recognized. It is reasonably possible that the total unrecognized tax benefit could decrease by $1.0 million in fiscal year 2020 if the advanced pricing arrangement for one of the Company’s foreign subsidiaries is agreed to by the foreign tax authority and an ongoing audit in one of the Company’s foreign jurisdictions is settled.
The Company files income tax returns in the U.S. and multiple foreign jurisdictions, including various state and local jurisdictions. The U.S. Internal Revenue Service concluded its examinations of the Company’s U.S. federal tax returns for all tax years through 2003. Because of net operating losses, the Company’s U.S. federal returns for 2003 and later years will remain subject to examination until the losses are utilized. The Company is subject to income tax examinations in various foreign and U.S. state jurisdictions for the years 2014 and forward. The Company records potential interest and penalty expenses related to unrecognized income tax benefits within its global operations in income tax expense. The Company had $0.5 million and $0.9 million of accrued interest and penalties respectively at March 31, 2019 and 2018, which are included as a component of income tax expense. To the extent interest and penalties are not assessed with respect to uncertain tax positions, amounts accrued will be reduced and reflected as a reduction of the overall income tax provision.
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Beginning of fiscal year | $8,680 | $7,390 | $7,103
Additions from business combinations | — | 1,270 | —
Additions for tax positions of the current year | 2,027 | 1,078 | 762
Additions for tax positions of prior years | 519 | — | —
Reductions for tax positions of prior years | (633) | (1,058) | (64)
Lapse in statute of limitations | (9) | — | (411)
Settlements | (2,923) | — | —
End of fiscal year | $7,661 | $8,680 | $7,390


Question: Which years does the table provide information for the gross unrecognized tax benefits for the company?
Answer: 2019, 2018, 2017
A.9.1 Results of operations
Statement of Income of Siemens AG in accordance with German Commercial Code (condensed)
Beginning of August 2018, Siemens AG carved out its mobility business to Siemens Mobility GmbH by way of singular succession. The decreases in revenue, cost of sales, gross profit and research and development (R & D) expenses were mainly driven by this carve-out.
On a geographical basis, 75 % of revenue was generated in the Europe, C. I. S., Africa, Middle East region, 18 % in the Asia, Australia region and 7 % in the Americas region. Exports from Germany accounted for 62 % of overall revenue. In fiscal 2019, orders for Siemens AG amounted to € 21.6 billion. Within Siemens AG, the development of revenue depends strongly on the completion of contracts, primarily in connection with large orders.
The R & D intensity (R & D as a percentage of revenue) increased by 0.8 percentage points year-over-year. The research and development activities of Siemens AG are fundamentally the same as for its fields of business activities within the Siemens Group, respectively. On an average basis, we employed 9,000 people in R & D in fiscal 2019.
The decrease in Financial income, net was primarily attributable to lower income from investments, net. The main factor for this decrease was a significant income from the profit transfer agreement with Siemens Beteiligungen Inland GmbH, Germany, in
fiscal 2018.
Table:
 |  | Fiscal year | 
(in millions of €) | 2019 | 2018 | % Change
Revenue | 22,104 | 28,185 | (22) %
Cost of Sales | (15,825) | (21,074) | 25 %
Gross profit | 6,279 | 7,111 | (12) %
as percentage of revenue | 28 % | 25 % | 
Research and development expenses | (2,362) | (2,788) | 15 %
Selling and general administrative expenses | (3,979) | (3,767) | (6) %
Other operating income (expenses), net | 9,469 | 1 | n / a
Financial income, net thereof Income from investments, net 3,754 (prior year 5,381) | 3,188 | 4,643 | (31) %
Income from business activity | 12,596 | 5,199 | 142 %
Income taxes | (1,377) | (653) | (111) %
Net income | 11,219 | 4,547 | 147 %
Profit carried forward | 170 | 134 | 27 %
Allocation to other retained earnings | (6,005) | (1,451) | > (200) %
Unappropriated net income | 5,384 | 3,230 | 67 %


Question: What is the gross profit margin in 2019?
Answer: 28.41
Calculation: 6,279 / 22,104
underlying physical transaction occurs . we have not qualified commodity derivative instruments used in our osm or rm&t segments for hedge accounting . as a result , we recognize in net income all changes in the fair value of derivative instruments used in those operations . open commodity derivative positions as of december 31 , 2008 and sensitivity analysis at december 31 , 2008 , our e&p segment held open derivative contracts to mitigate the price risk on natural gas held in storage or purchased to be marketed with our own natural gas production in amounts that were in line with normal levels of activity . at december 31 , 2008 , we had no significant open derivative contracts related to our future sales of liquid hydrocarbons and natural gas and therefore remained substantially exposed to market prices of these commodities . the osm segment holds crude oil options which were purchased by western for a three year period ( january 2007 to december 2009 ) . the premiums for the purchased put options had been partially offset through the sale of call options for the same three-year period , resulting in a net premium liability . payment of the net premium liability is deferred until the settlement of the option contracts . as of december 31 , 2008 , the following put and call options were outstanding: .

Table:
option expiration date | 2009
option contract volumes ( barrels per day ) : | 
put options purchased | 20000
call options sold | 15000
average exercise price ( dollars per barrel ) : | 
put options | $ 50.50
call options | $ 90.50
in the first quarter of 2009 , we sold derivative instruments at an average exercise price of $ 50.50 which effectively offset the open put options for the remainder of 2009 .
at december 31 , 2008 , the number of open derivative contracts held by our rm&t segment was lower than in previous periods .
starting in the second quarter of 2008 , we decreased our use of derivatives to mitigate crude oil price risk between the time that domestic spot crude oil purchases are priced and when they are actually refined into salable petroleum products .
instead , we are addressing this price risk through other means , including changes in contractual terms and crude oil acquisition practices .
additionally , in previous periods , certain contracts in our rm&t segment for the purchase or sale of commodities were not qualified or designated as normal purchase or normal sales under generally accepted accounting principles and therefore were accounted for as derivative instruments .
during the second quarter of 2008 , as we decreased our use of derivatives , we began to designate such contracts for the normal purchase and normal sale exclusion. .

Question: using the above listed average exercise price , what were the value of the call options sold?
Answer: $ 1357500.00
Calculation: multiply(15000, 90.50)
Commitments
At March 31, 2019, we had contractual obligations in the form of non-cancellable operating leases and debt, including interest payments (see Note 3, “Debt” and Note 15, “Commitments and Contingencies” to our consolidated financial statements), European social security, pension benefits, other post-retirement benefits, inventory purchase obligations, fixed asset purchase obligations, acquisition related obligations, and construction obligations as follows (amounts in thousands):
(1) Refer to Note 3, “Debt” for additional information. Repayment of the Customer Capacity Agreements assumes the customers purchase products in a quantity sufficient to require the maximum permitted debt repayment amount per quarter.
(2) Reflects expected benefit payments through fiscal year 2029.
(3) In addition to amounts reflected in the table, an additional $2.9 million has been recorded in the line item "Accrued expenses," for which the timing of payment has not been determined.
Table:
 |  |  | Payment Due by Period |  | 
Contractual obligations | Total | Year 1 | Years 2 - 3 | Years 4 - 5 | More than 5 years
Debt obligations (1) | $305,927 | $28,430 | $59,509 | $55,708 | $162,280
Interest obligations (1) | 28,200 | 6,326 | 11,039 | 8,928 | 1,907
Operating lease obligations | 48,311 | 10,898 | 14,302 | 9,402 | 13,709
Pension and other post-retirement benefits (2) | 94,178 | 6,758 | 15,184 | 18,024 | 54,212
Employee separation liability | 7,640 | 594 | 674 | 674 | 5,698
Restructuring liability | 2,181 | 1,869 | 312 | — | —
Purchase commitments | 31,468 | 31,468 | — | — | —
Capital lease obligations | 2,049 | 993 | 888 | 168 | —
Anti-trust fines and settlements (3) | 34,880 | 21,712 | 10,203 | 2,965 | —
Total | $554,834 | $109,048 | $112,111 | $95,869 | $237,806


Question: What were the interest obligations that had payments due more than 5 years?
Answer: 1,907
The following table disaggregates our revenue by major source for the year ended December 31, 2018:
(1) Subscriber Solutions & Experience was formerly reported as Customer Devices. With the increasing focus on enhancing the customer experience for both our business and consumer broadband customers and the addition of SmartRG during the fourth quarter of 2018, Subscriber Solutions & Experience more accurately represents this revenue category.
Table:
(In thousands) | Network Solutions | Services & Support | Total
Access & Aggregation | $301,801 | $57,069 | $358,870
Subscriber Solutions & Experience (1) | 129,067 | 5,393 | 134,460
Traditional & Other Products | 27,364 | 8,583 | 35,947
Total | $458,232 | $71,045 | $529,277


Question: What was the total revenue from traditional & other products as a percentage of total revenue from all sources?
Answer: 6.79
Calculation: 35,947/$529,277
6-INTANGIBLE ASSETS
The following table provides the details of the carrying value of intangible assets recorded from the acquisition of SensiML during the year ended December 29, 2019 (in thousands):
Table:
December 29, 2019 |  |  | 
 | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Developed technology | $959 | $(96) | $863
Customer relationships | 81 | (40) | 41
Trade names and trade marks | 116 | (12) | 104
Total acquired identifiable intangible assets | $1,156 | $(148) | $1,008


Question: What are the respective gross and net carrying amount of developed technology?
Answer: $959, $863
The following table details the Company’s sales by operating segment for fiscal years ended September 30, 2019 and 2018. The Company’s sales by geographic area based on the location of where the products were shipped or services rendered are as follows:
Substantially all Americas amounts are United States.
Table:
2019 | Americas | Europe | Asia | Total | % of total
 |  | (Amounts in thousands) |  |  | 
TS | $67,728 | $3,285 | $646 | $71,159 | 90%
HPP | 5,294 | 771 | 1,837 | 7,902 | 10%
Total | $72,522 | $4,056 | $2,483 | $79,061 | 100%
% of total | 92% | 5% | 3% | 100% | 
2018 |  |  |  |  | 
TS | $52,034 | $9,059 | $1,344 | $62,437 | 86%
HPP | 8,424 | 1,266 | 789 | 10,479 | 14%
Total | $60,458 | $10,325 | $2,133 | $72,916 | 100%
% of total | 83% | 14% | 3% | 100% | 


Question: What is the difference in total sales between TS Asia and TS Europe in 2019?
Answer: 2639
Calculation: 3,285-646
Other Long-Term Liabilities
In-Process Revenue Contracts
As part of the Company’s previous acquisition of FPSO units from Petrojarl ASA (subsequently renamed Teekay Petrojarl AS, or Teekay Petrojarl), the Company assumed a certain FPSO contract with terms that were less favorable than the then prevailing market terms. At the time of the acquisition, the Company recognized a liability based on the estimated fair value of this contract and service obligation.
The Company is amortizing the remaining liability over the estimated remaining term of its associated contract on a weighted basis, based on the projected revenue to be earned under the contract.
Amortization of in-process revenue contracts for the year ended December 31, 2019 was $5.9 million (2018 – $14.5 million, 2017 – $27.2 million), which is included in revenues on the consolidated statements of loss. Amortization of in-process revenue contracts following 2019 is expected to be $5.9 million (2020), $5.9 million (2021) and $5.9 million (2022).
Table:
 | December 31, 2019 | December 31, 2018
 | $ | $
Deferred revenues and gains (note 2) | 28,612 | 31,324
Guarantee liabilities | 10,113 | 9,434
Asset retirement obligation | 31,068 | 27,759
Pension liabilities | 7,238 | 4,847
In-process revenue contracts | 11,866 | 17,800
Derivative liabilities (note 16) | 51,914 | 56,352
Unrecognized tax benefits (note 22) | 62,958 | 40,556
Office lease liability – long-term (note 1) | 10,254 | —
Other | 2,325 | 1,325
 | 216,348 | 189,397


Question: What is the increase/ (decrease) in Deferred revenues and gains from December 31, 2019 to December 31, 2018?
Answer: -2712
Calculation: 28,612-31,324
The net deferred tax asset is classified on the consolidated balance sheets as follows (in thousands):
We have various tax attribute carryforwards which include the following:
• Foreign federal and local gross net operating loss carryforwards are $61.6 million, of which $47.0 million have no expiration date and $14.6 million have various expiration dates beginning in fiscal 2020. Among the total of $61.6 million foreign net operating loss carryforwards, a valuation allowance of $31.7 million has been provided for certain jurisdictions since the recovery of the carryforwards is uncertain. U.S. federal and certain state gross net operating loss carryforwards are $14.0 million and $30.7 million, respectively, which were acquired from our acquisitions. A full valuation allowance against certain other state net operating losses of $30.7 million has been recorded. California gross net operating loss carryforwards are $2.8 million and are scheduled to expire beginning in fiscal 2032.
• U.S. federal R&D credit carryforwards of $35.4 million are scheduled to expire beginning in fiscal 2025. California R&D credit carryforwards of $32.2 million have no expiration date. A total of $27.1 million valuation allowance, before U.S. federal benefit, has been recorded against California R&D credit carryforwards of $32.2 million since the recovery of the carryforwards is uncertain. Other states R&D credit carryforwards of $3.9 million are scheduled to expire beginning in fiscal 2020. A valuation allowance totaling $2.7 million, before U.S. federal benefit, has been recorded against certain state R&D credit carryforwards of $3.9 million since the recovery of the carryforwards is uncertain.
• U.S. federal foreign tax credit carryforwards of $51.9 million are scheduled to expire beginning in fiscal 2022.
Table:
 | Fiscal year-end | 
 | 2019 | 2018
Non-current deferred income tax assets | $87,011 | $64,858
Non-current deferred income tax liabilities | (27,785) | (26,339)
Net deferred tax assets | $59,226 | $38,519


Question: In which year was the amount of Net deferred tax assets larger?
Answer: 2019
Calculation: 59,226>38,519
We make contributions to our defined benefit plans as required under various pension funding regulations. We expect to make contributions of approximately
$1,420 to the international plans in fiscal 2020 based on current actuarial computations
Estimated future benefit payments are as follows:
Savings plans:
We sponsor retirement savings plans, which allow eligible employees to defer part of their annual compensation. Certain contributions by us are discretionary and
are determined by our Board of Directors each year. Our contributions to the savings plans in the United States for the fiscal years ended March 31, 2017, 2018 and 2019
were approximately $4,367, $4,421, and $4,913, respectively.
We also sponsor a nonqualified deferred compensation program, which permits certain employees to annually elect to defer a portion of their compensation until
retirement. A portion of the deferral is subject to a matching contribution by us. The employees select among various investment alternatives, which are the same as are
available under the retirement savings plans, with the investments held in a separate trust. The value of the participants’ balances fluctuate based on the performance of
the investments. The market value of the trust at March 31, 2018 and 2019 of $6,649 and $4,693, respectively, is included as an asset and a liability in our accompanying
balance sheet because the trust’s assets are both assets of the Company and a liability as they are available to general creditors in certain circumstances
Table:
Fiscal Year ended March 31, | US Plans | International Plans
2020 | $2,295 | $7,055
2021 | 2,333 | 7,197
2022 | 2,353 | 7,337
2023 | 2,371 | 7,624
2024 | 2,388 | 7,624
2025-2029 | 11,880 | 40,364


Question: What is the total and estimated future benefits payments for the years ended March 31, 2017 to 2020 for the U.S.?
Answer: 15996
Calculation: 4,367 + 4,421 + 4,913 + 2,295
At December 31, 2019 and 2018, $21 million and $20 million, respectively, of unrecognized tax benefits were classified as a reduction of deferred tax assets. The finalisation in the fourth quarter of 2018 of pending tax litigations triggered the reversal of uncertain tax positions in major tax jurisdictions for a total amount of $310 million.
It is reasonably possible that certain of the uncertain tax positions disclosed in the table above could increase within the next 12 months due to ongoing tax audits. The Company is not able to make an estimate of the range of the reasonably possible change.
Additionally, the Company elected to classify accrued interest and penalties related to uncertain tax positions as components of income tax expense in the consolidated statements of income, they were less than $1 million in 2019, $1 million in 2018, less than $1 million in 2017, $1 million in 2016, $1 million in 2015, $27 million in 2014 and not material in the previous years. Accrued interest and penalties amounted to $6 million at December 31, 2019 and $5 million at December 31, 2018.
The tax years that remain open for review in the Company’s major tax jurisdictions, including France, Italy, United States and India, are from 1997 to 2019.
Table:
 | December 31, 2019 | December 31, 2018 | December 31, 2017
Balance at beginning of year | 38 | 333 | 258
Additions based on tax positions related to the current year | 7 | 43 | 43
Additions based on acquisitions related to the current year | 5 | — | —
Additions for tax positions of prior years | 1 | 8 | 12
Reduction for tax positions of prior years | (1) | (310) | (9)
Settlements | (2) | (18) | (2)
Prepayment / Refund | — | — | —
Reductions due to lapse of statute of limitations | — | — | —
Foreign currency translation | — | (18) | 31
Balance at end of year | 48 | 38 | 333


Question: How much was the Accrued interest and penalties as of December 31, 2019?
Answer: $5 million
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration to Managing Director, Whole-time Directors and / or Manager:
Table:
 |  |  | (` lakh)
Particulars of Remuneration | Name of MD/WTD/Manager |  | 
 | Rajesh Gopinathan Chief Executive Officer and Managing Director | N Ganapathy Subramaniam Chief Operating Officer and Executive Director | Total Amount
Gross salary |  |  | 
(a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961 | 115.74 | 109.02 | 224.76
(b) Value of perquisites u/s 17(2) of the Income-tax Act, 1961 | 126.76 | 13.30 | 140.06
(c) Profits in lieu of salary under Section 17(3) of the Income-tax Act, 1961 | - | - | -
2. Stock Option | - | - | -
3.Sweat Equity | - | - | -
4.Commission | 1,300.00 | 900.00 | 2,200.00
as % of profit | 0.03 | 0.02 | 0.05
5.Others, Allowances | 60.35 | 138.76 | 199.11
Total (A) | 1,602.85 | 1,161.08 | 2,763.93
Ceiling as per the Act (@ 10% of profits calculated under Section 198 of the Companies Act, 2013) |  |  | 404,348.06


Question: What is difference between the value of Others, Allowances of the CEO and COO?
Answer: 78.41
Calculation: 138.76-60.35
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
Other Redeemable Noncontrolling Interests—During the year ended December 31, 2019, the Company entered into an agreement with MTN to acquire MTN’s noncontrolling interests in each of the Company’s joint ventures in Ghana and Uganda for total consideration of approximately $523.0 million. The transaction is expected to close in the first quarter of 2020, subject to regulatory approval and other closing conditions. In addition, the Company, through a subsidiary of ATC Europe, entered into an agreement with its local partners in France to form Eure-et-Loir Réseaux Mobiles SAS (“Eure-et-Loir”), a telecommunications infrastructure company that owns and operates wireless communications towers in France. The Company’s controlling interest in Eure-et-Loir is 51% with local partners holding a 49% noncontrolling interest. The agreement provides the local partners with put options, which allow them to sell outstanding shares of Eure-et-Loir to the Company, and the Company with call options, which allow it to buy the noncontrolling shares of Eure-et-Loir. The put options, which are not under the Company’s control, cannot be separated from the noncontrolling interests. As a result, the combination of the noncontrolling interests and the redemption feature requires classification as redeemable noncontrolling interests in the consolidated balance sheet, separate from equity. The value of the Eure-et-Loir interests as of December 31, 2019 was $2.7 million.
The changes in Redeemable noncontrolling interests for the years ended December 31, 2019, 2018 and 2017 were as follows:
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Balance as of January 1, | $1,004.8 | $1,126.2 | $1,091.3
Additions to redeemable noncontrolling interests | 525.7 | — | —
Net income (loss) attributable to noncontrolling interests | 35.8 | (87.9) | (33.4)
Adjustment to noncontrolling interest redemption value | (35.8) | 86.7 | —
Adjustment to noncontrolling interest due to merger | — | (28.1) | —
Purchase of redeemable noncontrolling interest | (425.7) | — | —
Foreign currency translation adjustment attributable to noncontrolling interests | (8.3) | (92.1) | 68.3
Balance as of December 31, | $1,096.5 | $1,004.8 | $1,126.2


Question: What was the value of the Eure-et-Loir interests as of December 31, 2019?
Answer: $2.7 million
Research and Development
Research and development expenses increased $24.2 million, or 31%, in 2019 as compared to 2018. The increase was principally due to the 2018 Reallocation of headcount from sales and marketing to research and development, as well as investments to maintain and improve the functionality of our products. As a result, we incurred increased employee-related costs of $16.3 million and increased overhead costs of $3.4 million.
Research and development expenses increased $15.0 million, or 24%, in 2018 as compared to 2017. The increase was principally due to the 2018 Reallocation of headcount from sales and marketing to research and development, as well as investments to maintain and improve the functionality of our products. As a result, we incurred increased employee-related costs of $12.1 million.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (dollars in thousands) | 
Research and development | $101,151 | $76,981 | $61,975
Percent of revenue | 17.5% | 14.3% | 12.9%


Question: What was the change in percentage of revenue of research and development between 2017 and 2018?
Answer: 1.4
Calculation: (14.3%-12.9%)