hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
3. Property, Plant and Equipment
Property, plant and equipment as of September 28, 2019 and September 29, 2018 consisted of the following (in thousands):
Table:
 | 2019 | 2018
Land, buildings and improvements | $289,051 | $267,809
Machinery and equipment | 381,656 | 364,034
Computer hardware and software | 136,227 | 130,645
Capital assets in progress | 49,599 | 38,469
Total property, plant and equipment, gross  | 856,533 | 800,957
Less: accumulated depreciation  | (472,309) | (459,651)
Total property, plant and equipment, net | 384,224 | 341,306


Question: What was the amount of Capital assets in progress in 2019?
Answer: 49,599
The reconciliation of the Company’s effective tax rate to the statutory federal rate is as follows:
(1) For the years ended December 31, 2019 and December 31, 2018, this is inclusive of (3.4%) and (3.8%) impact, respectively, that is primarily related to the change in uncertain tax positions.
For 2019, the Company recorded an expense for income taxes of $11.6 million, resulting in an effective tax rate of (3.8)%. The effective tax rate is different than the U.S. statutory federal tax rate primarily due to stock-based compensation expense following the decision in Altera Corp v. Commissioner by the U.S. Court of Appeals for the Ninth Circuit discussed below, the full valuation allowance on the Company's U.S. deferred tax assets, the mix of income/losses among the Company’s foreign jurisdictions, and pretax losses in jurisdictions for which no tax benefit will be recognized.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Tax at federal statutory rate | 21.0 % | 21.0 % | 35.0 %
State taxes, net of federal effect | (0.3) | (0.1) | (5.4)
Foreign rate differential | (6.0) | (3.9) | (9.3)
Tax credits | 1.6 | 6.3 | 4.1
Domestic production activities deduction | — | — | (3.5)
Stock-based compensation | (1.0) | (4.9) | (5.3)
Change in prior year reserves | (1.5) | (0.1) | (2.0)
Change in valuation allowance | (13.4) | (15.2) | (35.2)
Effect of change in tax rate due to Tax Act | — | — | (23.4)
Other (1) | (4.2) | (4.0) | 2.6
Effective tax rate | (3.8)% | (0.9)% | (42.4)%


Question: What is the difference in tax credits between 2018 and 2019?
Answer: 4.7
Calculation: 6.3-1.6
Financial Statement Impact of Adoption on Previously Reported Results
We adopted Topic 606 using the modified retrospective method. The cumulative impact of applying the new guidance to all contracts with customers that were not completed as of April 1, 2018 was recorded as an adjustment to retained earnings as of the adoption date. As a result of applying the modified retrospective method to adopt the new standard, the following adjustments were made to noted accounts on the Consolidated Balance Sheet as of April 1, 2018:
The acceleration of revenue that was deferred under prior guidance as of the adoption date was primarily attributable to the requirement of Topic 606 to allocate the transaction price to the performance obligations in the contract on a relative basis using SSP rather than allocating under the residual method, which allocates the entire arrangement discount to the delivered performance obligations.
Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.
We made certain presentation changes to our Consolidated Balance Sheet on April 1, 2018 to comply with Topic 606. Prior to adoption of the new standard, we offset accounts receivable and contract liabilities (previously presented as deferred revenue on our Consolidated Balance Sheet) for unpaid deferred performance obligations included in contract liabilities.
Under the new standard, we record accounts receivable and related contract liabilities for non-cancelable contracts with customers when the right to consideration is unconditional. Upon adoption, the right to consideration in exchange for goods or services that have been transferred to a customer when that right is conditional on something other than the passage of time were reclassified from accounts receivable to contract assets.
Table:
(In thousands) | March 31, 2018 | Adjustment from Topic 606 | April 1, 2018
Assets: |  |  | 
Accounts receivable, net | 16,389 | 3,124 | 19,513
Contract assets | — | 4,583 | 4,583
Prepaid expenses and other current assets | 5,593 | (496) | 5,097
Other non-current assets | 2,484 | 2,409 | 4,893
Liabilities: |  |  | 
Contract liabilities | 26,820 | 7,006 | 33,826
Shareholders' equity: |  |  | 
Retained earnings | 103,601 | 2,614 | 106,215


Question: What is the tax impact associated with the adoption of Topic 606?
Answer: Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.
( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options . shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport .

Table:
 | 12/31/04 | 12/31/05 | 12/31/06 | 12/31/07 | 12/31/08 | 12/31/09
united parcel service inc . | $ 100.00 | $ 89.49 | $ 91.06 | $ 87.88 | $ 70.48 | $ 75.95
s&p 500 index | $ 100.00 | $ 104.91 | $ 121.48 | $ 128.15 | $ 80.74 | $ 102.11
dow jones transportation average | $ 100.00 | $ 111.65 | $ 122.61 | $ 124.35 | $ 97.72 | $ 115.88
.

Question: what is the roi of an investment in ups in 2004 and sold in 2006?
Answer: -8.9%
Calculation: subtract(91.06, const_100), divide(#0, const_100)
The table below presents estimated payments and benefits that would have been provided to Messrs. Lien, Walcott and Bertz, assuming their respective qualifying terminations as of December 31, 2019. As a condition of receiving any severance benefits in connection with the change in control agreements, each named executive officer must execute a full waiver and release of all claims in our favor. In addition to the benefits described in the tables below, upon termination of employment each executive officer may be eligible for other benefits that are generally available to all salaried employees, such as life insurance, long-term disability, and 401(k) benefits.
(1) Mr. Lien would receive 18 months of base salary and 150% of his annual target bonus. Mr. Walcott would receive 12 months of base salary and 100% of his annual target bonus. Mr. Bertz would receive six months of base salary, 50% of his annual target bonus and the pro rata portion of his unpaid annual target bonus for the period of completed service.
(2) Mr. Lien would receive 18 months of COBRA benefits reimbursement and Mr. Bertz would receive six months of COBRA benefits reimbursement. Mr. Walcott elected not to receive benefits from the Company that would be eligible for continuation under COBRA. As a result, Mr. Walcott would not be eligible for post-termination COBRA benefits reimbursement.
(3) As of December 31, 2019, Mr. Walcott held a stock option with 13,006 unvested shares subject to such option with an exercise price of $17.15 per share. The exercise price of each of these stock options is greater than $1.38, the closing price of our common stock on The Nasdaq Global Market as of December 31, 2019. As of December 31, 2019, Mr. Walcott had 78,750 unvested RSUs and Mr. Bertz had 40,000 unvested RSUs.
(4) Mr. Lien would receive nine months of base salary and 75% of his annual target bonus; Mr. Walcott would receive six months of base salary and 50% of his target bonus; Mr. Bertz would receive three months of base salary and 25% of his target bonus.
(5) Mr. Lien would receive nine months of COBRA benefits reimbursement and Mr. Bertz would receive three months of COBRA benefits reimbursement. Mr. Walcott elected not to receive benefits from the Company that would be eligible for continuation under COBRA. As a result, Mr. Walcott would not be eligible for post-termination COBRA benefits reimbursement.
Table:
 | Chris Lien | Wister Walcott | Robert Bertz
Termination after Change of Control: |  |  | 
Cash Severance(1) | $1,200,000 | $450,000 | $254,063
Post-termination COBRA Reimbursement(2) | 48,160 | — | 11,098
Acceleration of Stock Options and RSUs(3) | — | 108,675 | 55,200
Total | $1,248,160 | $558,675 | $320,361
Termination not in connection with Change of Control: |  |  | 
Cash Severance(4) | $600,000 | $225,000 | $103,125
Post-termination COBRA Reimbursement(5) | 24,080 | — | 5,549
Total | $624,080 | $225,000 | $108,674


Question: What percentage of their annual target bonus would Mr Lien and Mr Walcott respectively receive as part of their cash severance?
Answer: 150%, 100%
BOOKINGS
The following table shows new orders levels for 2019 and the backlog for 2018:
The backlog includes orders for which purchase orders or letters of intent have been accepted, typically for up to one year. Historically, orders have been subject to cancellation or rescheduling by customers. In addition, orders have been subject to price negotiations and changes in specifications as a result of changes in customers’ requirements. Due to possible customer changes in delivery schedules and requirements, and to cancellations of orders, our backlog at any particular date is not necessarily indicative of actual sales for any subsequent period.
For the year in total, our new bookings increased by 24% in 2019 to €1,170 million, excluding the proceeds from the settlements. The book-to-bill, as measured by orders divided by revenue, was 1.0 in 2019. Equipment bookings were led by the foundry segment, followed by logic and memory. Bookings strengthened in the course of the year, excluding the settlement gains, from €235 million in the first quarter to €270 million in the second quarter, €292 million in the third quarter and finished at a new record high of €373 million in the fourth quarter. We also finished the year with a record high order backlog of €351 million, an increase of 16% compared to the end of 2018.
Table:
 |  | Year ended December 31, | 
(EUR million) | 2018 | 2019 | % Change
Backlog at the beginning of the year | 176.3 | 301.5 | 71%
New orders | 942.1 | 1,328.9 | 41%
Revenue | (818.1) | (1,283.9) | 57%
FX-effect | 6.3 | 4.7 | 
Adjustment IFRS 15 | (5.1) | – | 
Backlog as per reporting date | 301.5 | 351.2 | 16%
Book-to-bill ratio (new orders divided by net sales) | 1.2 | 1.0 | 


Question: What is the % change in Backlog at the beginning of the year from 2018 to 2019?
Answer: 71%
Due To/From Related Parties, Net
Amounts due to and from related parties, net as of the periods presented consisted of the following (table in millions):
(1) Includes an immaterial amount related to the Company’s current operating lease liabilities due to related parties as of January 31, 2020.
The Company also recognized an immaterial amount related to non-current operating lease liabilities due to related parties. This amount has been included in operating lease liabilities on the consolidated balance sheet as of January 31, 2020.
Table:
 | January 31, 2020 | February 1, 2019
Due from related parties, current | $1,618 | $1,248
Due to related parties, current(1) | 161 | 158
Due from related parties, net, current | $1,457 | $1,090


Question: What was the change in current amount due to related parties between 2019 and 2020?
Answer: 3
Calculation: 161-158
5. Creditors
Accounting policies
Capital market and bank borrowings
Interest-bearing loans and overdrafts are initially measured at fair value (which is equal to cost at inception) and are subsequently measured at amortised cost using the effective interest rate method, except where they are identified as a hedged item in a designated hedge relationship. Any difference between the proceeds net of transaction costs and the amount due on settlement or redemption of borrowings is recognised over the term of the borrowing
Notes: 1 Amounts owed to subsidiaries are unsecured, have no fixed date of repayment and are repayable on demand.
Included in amounts falling due after more than one year are other loans of €31,157 million which are due in more than five years from 1 April 2019 and are payable otherwise than by instalments. Interest payable on these loans ranges from 0.375% to 7.875%.
Details of bond and other debt issuances are set out in note 20 “Borrowing and capital resources” in the consolidated financial statements
Table:
 | 2019 | 2018
 | €m | €m
Amounts falling due within one year: |  | 
Bank loans and other loans | 4,835 | 8,367
Amounts owed to subsidiaries1 | 232,896 | 220,625
Derivative financial instruments | 463 | 229
Taxation payable | – | 9
Other creditors | 945 | 120
Accruals and deferred income | 66 | 46
 | 239,205 | 229,396
Amounts falling due after more than one year: |  | 
Deferred tax | 17 | –
Other loans | 46,208 | 32,199
Derivative financial instruments | 1,924 | 2,133
 | 48,149 | 34,332


Question: What is the 2019 average total amounts falling due after more than one year ?
Answer: 41240.5
Calculation: (48,149+34,332)/2
Executive Director Fixed Pay increases
The Committee has approved Fixed Pay increases of 4% for the CEO and 3% for the CFO, effective from 1 January 2020. This is in line with the average increase awarded to the wider Unilever workforce in 2019 of 3.6%. These increases were awarded to recognise the strong leadership of both individuals in 2019, which was Alan Jope’s first year in the CEO role and a year of transformation for Unilever generally. We also wanted to recognise Graeme Pitkethly’s seniority in his role, coming into his 5th year as CFO.
When our CEO Alan Jope was appointed on 1 January 2019 he was appointed with Fixed Pay 14% below that of what the Committee proposed for his predecessor and at the lower quartile of our remuneration benchmarking peer group, despite Unilever being one of the largest companies in this peer group. This positioning was intentional, given Alan’s internal promotion on appointment. However, subject to Alan’s continuing good performance the Committee will, over time, continue to review his Fixed Pay positioning and progress this towards the market median benchmark.
* MCIP at maximum (67%) investment of bonus.
Table:
 | Alan Jope CEO €'000 p.a. |  | Graeme Pitkethly CFO €'000 p.a. | 
 | 2019 | 2020 | 2019 | 2020
Fixed Pay | 1,450 | 1,508 | 1,103 | 1,136
Annual Bonus | 2,175 | 2,262 | 1,323 | 1,363
MCIP* Match share award | 2,186 | 2,273 | 1,330 | 1,370
Target Total Pay | 5,811 | 6,043 | 3,756 | 3,869
Personal MCIP* Investment in | 67% | 67% | 67% | 67%
Unilever shares | 1,457 | 1,516 | 886 | 913


Question: What is the increase / (decrease) in Fixed Pay for Alan Jope CEO from 2019 to 2020?
Answer: -58
Calculation: 1,450 - 1,508
A condensed summary of the Company’s financial information for equity-accounted investments (20% to 52%-owned) shown on a 100% basis (excluding the impact from purchase price adjustments arising from the acquisition of Joint Ventures) are as follows:
The results included for TIL are until its consolidation on November 27, 2017. The results included for Altera are from the date of deconsolidation on September 25, 2017 to the sale of Teekay's remaining interests on May 8, 2019.
For the year ended December 31, 2019, the Company recorded equity loss of $14.5 million (2018 – income of $61.1 million, and 2017 – loss of $37.3 million).
The equity loss in 2019 was primarily comprised of the write-down and loss on sale of Teekay's investment in Altera and the Company’s share of net loss from the Bahrain LNG Joint Venture; offset by equity income in the Yamal LNG Joint Venture, the RasGas III Joint Venture, the MALT Joint Venture, the Pan Union Joint Venture and the Angola Joint Venture.
For the year ended December 31, 2019, equity loss included $12.9 million related to the Company’s share of unrealized losses on interest rate swaps in the equity-accounted investments (2018 – gains of $17.6 million and 2017 – gains of $7.7 million).
Table:
 | As at December 31, | 
 | 2019 | 2018
 | $ | $
Cash and restricted cash | 379,085 | 568,843
Other assets – current | 148,663 | 412,388
Vessels and equipment, including vessels related to finance leases and advances on  Vessels and equipment, including vessels related to finance leases and advances on newbuilding contracts | 3,123,377 | 6,615,077
Net investment in direct financing leases | 4,469,861 | 3,000,927
Other assets – non-current | 169,925 | 1,957,271
Current portion of long-term debt and obligations related to finance leases | 563,776 | 1,106,812
Other liabilities – current | 189,165 | 563,862
Long-term debt and obligations related to finance leases | 5,156,307 | 6,882,426
Other liabilities – non-current | 243,301 | 478,311


Question: What is the increase/ (decrease) in Cash and restricted cash from December 31, 2019 to December 31, 2018?
Answer: -189758
Calculation: 379,085-568,843
(15) CONTRACT BALANCES
Contract balances at December 31 are set forth in the following table:
The change in our net contract assets/(liabilities) from December 31, 2018 to December 31, 2019 was due primarily to the timing of payments and invoicing relating to SaaS and PCS renewals, partially offset by revenues recognized in the year ended December 31, 2019 of $674.2, related to our contract liability balances at December 31, 2018. In addition, the impact of the 2019 business acquisitions increased net contract liabilities by $96.2.
In order to determine revenues recognized in the period from contract liabilities, we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance.
Impairment losses recognized on our accounts receivable and unbilled receivables were immaterial in the year ended December 31, 2019.
(1) Consists of “Deferred revenue,” and billings in-excess of revenues (“BIE”). BIE are reported in “Other accrued liabilities” in our Consolidated Balance Sheets.
Table:
Balance Sheet Account | 2019 | 2018 | Change
Unbilled receivables | $  183.5 | $  169.4 | $    14.1
Contract liabilities - current(1) | (840.8) | (714.1) | (126.7)
Deferred revenue - non-current | (33.2) | (29.8) | (3.4)
Net contract assets/(liabilities) | $ (690.5) | $ (574.5) | $ (116.0)


Question: What are the average unbilled receivables from 2018 to 2019?
Answer: 176.45
Calculation: (183.5+169.4)/2
9. Audit, audit related and other non-audit services  The following fees were paid or are payable to the company’s auditors, KPMG LLP and other firms in the KPMG network, for the year ended 31 March 2019. Figures in the table below for the years ended 31 March 2017 and 2018 are in respect of fees paid to the company’s previous auditors, PricewaterhouseCoopers LLP.
a Services in relation to the audit of the parent company and the consolidated financial statements, including fees for reports under section 404 of the Sarbanes-Oxley Act. This also includes fees payable for the statutory audits of the financial statements of subsidiary companies. This excludes amounts for the audit of BT Group Employee Share Ownership Trust and Ilford Trustees (Jersey) Limited amounting to £32,000.
b During the year a further £446,000 of fees were payable to PricewaterhouseCoopers LLP in relation to the audit of 2017/18 subsidiary accounts and the audit of our restated IAS 19 accounting valuation of retirement benefit obligations, which have not been included in the 2019 balances in the above table.
c Services in relation to other statutory filings or engagements that are required by law or regulation to be carried out by an appointed auditor. This includes fees for the review of interim results, the accrued fee for the audit of the group’s regulatory financial statements and reporting associated with the group’s US debt shelf registration. d Services relating to tax returns, tax audits, monitoring and enquiries.
e Fees payable for all taxation advisory services not falling within taxation compliance. All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit. g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
f All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit.
g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
Table:
 | 2019 | 2018 | 2017
Year ended 31 March | £000 | £000 | £000
Fees payable to the company’s auditors and its associates for: |  |  | 
Audit services a,b |  |  | 
The audit of the parent company and the consolidated financial statements | 8,165 | 5,418 | 4,316
The audit of the company’s subsidiaries | 6,061 | 5,877 | 5,675
 | 14,226 | 11,295 | 9,991
Audit related assurance services c | 2,236 | 1,771 | 1,865
Other non-audit services |  |  | 
Taxation compliance services d | – | – | 366
Taxation advisory services e | – | – | 111
All other assurance services f | 748 | 211 | 200
All other services g | 210 | 592 | 2,332
 | 958 | 803 | 3,009
Total services | 17,420 | 13,869 | 14,865


Question: What was The audit of the parent company and the consolidated financial statements in 2019?
Answer: 8,165
Cost of revenues. Cost of revenues increased by 23% year-on-year to RMB209.8 billion. The increase primarily reflected greater content costs, costs of FinTech services and channel costs. As a percentage of revenues, cost of revenues increased to 56% for the year ended 31 December 2019 from 55% for the year ended 31 December 2018. The following table sets forth our cost of revenues by line of business for the years ended 31 December 2019 and 2018:
Cost of revenues for VAS increased by 27% year-on-year to RMB94,086 million. The increase was mainly due to greater content costs for services and products such as live broadcast services, online games and video streaming subscriptions, as well as channel costs for smart phone games.
Cost of revenues for FinTech and Business Services increased by 35% year-on-year to RMB73,831 million. The increase primarily reflected greater costs of payment-related and cloud services due to the enhanced scale of our payment and cloud activities.
Cost of revenues for Online Advertising decreased by 6% year-on-year to RMB34,860 million. The decrease was mainly driven by lower content costs for our advertising-funded long form video service resulting from fewer content releases and improved cost efficiency, partly offset by other cost items.
Table:
 | Year ended 31 December |  |  | 
 | 2019 |  | 2018 | 
 |  | % of |  | % of
 |  | segment |  | segment
 | Amount | revenues | Amount | revenues
 |  |  | (Restated) | (Restated)
 | (RMB in millions, unless specified) |  |  | 
VAS | 94,086 | 47% | 73,961 | 42%
FinTech and Business Services | 73,831 | 73% | 54,598 | 75%
Online Advertising | 34,860 | 51% | 37,273 | 64%
Others | 6,979 | 92% | 4,742 | 98%
Total cost of revenues | 209,756 |  | 170,574 | 


Question: How much is the combined 2019 cost of revenues for VAS and Fintech and Business Services?
Answer: 167917
Calculation: 94,086+73,831