hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
3. Property, Plant and Equipment
Assets held under capital leases and included in property, plant and equipment as of September 28, 2019 and September 29, 2018 consisted of the following (in thousands):
Amortization of assets held under capital leases totaled $3.8 million, $3.4 million and $3.0 million for fiscal 2019, 2018 and 2017, respectively. Capital lease additions totaled $6.7 million, $11.8 million, and $20.5 million for fiscal 2019, 2018 and 2017, respectively.
As of September 28, 2019, September 29, 2018 and September 30, 2017, accounts payable included approximately $10.0 million, $11.2 million and $10.8 million, respectively, related to the purchase of property, plant and equipment, which have been treated as non-cash transactions for purposes of the Consolidated Statements of Cash Flows.
Table:
 | 2019 | 2018
Buildings and improvements | $23,717 | $23,717
Machinery and equipment  | 12,293 | 10,995
Capital assets in progress | 11,831 | 7,747
Total property, plant and equipment held under capital leases, gross | 47,841 | 42,459
Less: accumulated amortization  | (8,762) | (6,123)
Total property, plant and equipment held under capital leases, net | 39,079 | 36,336


Question: What was the amount of capital assets in progress in 2018?
Answer: 7,747
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
Credit risk
Credit risk is the risk that a counterparty will fail to discharge its obligations and cause a financial loss and arises from cash and cash equivalents, short-term investments, favorable derivative financial instruments and deposits with banks and financial institutions, as well as credit exposures to customers, including trade and other receivables, dividends receivable and other amounts due from related parties. The Group is exposed to credit risk in the event of non-performance by any of its counterparties. To limit this risk, the Group currently deals primarily with financial institutions and customers with high credit ratings.
For the year ended December 31, 2019, 70.0% of the Group’s revenue was earned from Shell (December 31, 2018 and December 31, 2017, 74.2% and 92.6%, respectively) and accounts receivable were not collateralized; however, management believes that the credit risk is partially offset by the creditworthiness of the Group’s counterparties. BG Group was acquired by Shell on February 15, 2016. This acquisition does not impact the contractual obligations under the existing charter party agreements. The Group did not experience significant credit losses on its accounts receivable portfolio during the three years ended December 31, 2019. The carrying amount of financial assets recorded in the consolidated financial statements represents the Group’s maximum exposure to credit risk. Management monitors exposure to credit risk, and they believe that there is no substantial credit risk arising from the Group’s counterparties.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies.
Table:
 | As of December 31, | 
 | 2018 | 2019
Cash and cash equivalents | 342,594 | 263,747
Short-term investments | 25,000 | 4,500
Trade and other receivables | 20,244 | 24,900
Dividends receivable and other amounts due from related parties | 33,395 | 573
Derivative financial instruments | 15,188 | 4,001


Question: When did Shell acquire BG Group?
Answer: February 15, 2016
Employee Stock Purchase Plan
The weighted average estimated fair value, as defined by the amended authoritative guidance, of rights issued pursuant to the Company’s ESPP during 2019, 2018 and 2017 was $4.28, $5.18 and $6.02, respectively. Sales under the ESPP were 24,131 shares of common stock at an average price per share of $9.76 for 2019, 31,306 shares of common stock at an average price per share of $15.40 for 2018, and 38,449 shares of common stock at an average price per share of $12.04 for 2017.
As of December 29, 2019, 62,335 shares under the 2009 ESPP remained available for issuance. The Company recorded compensation expenses related to the ESPP of $60,000, $205,000 and $153,000 in 2019, 2018 and 2017, respectively.
The fair value of rights issued pursuant to the Company’s ESPP was estimated on the commencement date of each offering period using the following weighted average assumptions:
The methodologies for determining the above values were as follows:
• Expected term: The expected term represents the length of the purchase period contained in the ESPP.
• Risk-free interest rate: The risk-free interest rate assumption is based upon the risk-free rate of a Treasury Constant Maturity bond with a maturity appropriate for the term of the purchase period.
• Volatility: The Company determines expected volatility based on historical volatility of the Company’s common stock for the term of the purchase period.
• Dividend Yield: The expected dividend assumption is based on the Company’s intent not to issue a dividend under its dividend policy.
Table:
 | Fiscal Years |  | 
 | 2019 | 2018 | 2017
Expected life (months) | 6.0 | 6.0 | 6.1
Risk-free interest rate | 2.37% | 2.26% | 1.22%
Volatility | 54% | 50% | 53%


Question: What are the respective compensation expenses related to the ESPP in 2019 and 2018 respectively?
Answer: $60,000, $205,000
Capital structure
The Group seeks to enhance shareholder value both by investing in the business so as to improve the return on investment and by managing the capital structure. The capital of the Group consists of equity, debt and a compound financial instrument. The Group aims to access both debt and equity capital markets with maximum efficiency and flexibility.
The key metrics used to monitor the capital structure of the Group are net external debt, debt to assets ratio and interest cover. The Group’s stated medium to long-term preference is for the debt to assets ratio to be within the 40–50 per cent range and interest cover to be greater than 1.60x. The debt to assets ratio has increased to 67.8 per cent in the year due to the deficit on property revaluation. As part of the revised strategy, the Group is looking to reduce net external debt as well as reduce the debt to assets ratio to below 50 per cent. Additional information on the Group’s revised strategy is provided in the chief executive’s review on pages 6 to 8. The interest cover ratio continues to be above the preferred level.
As the Group’s debt is sometimes secured on its interests in joint ventures, these metrics are monitored for the Group including share of joint ventures. Additional information including reconciliations from the relevant IFRS amounts to those including the Group’s share of joint ventures as presented below is provided in presentation of information on pages 157 to 161.
– net external debt
Table:
£m – including Group’s share of joint ventures | Group 2019 | Group 2018
Total borrowings | 4,916.8 | 5,331.0
Cash and cash equivalents | (223.0) | (274.3)
Net debt | 4,693.8 | 5,056.7
Less Metrocentre compound financial instrument | (195.4) | (189.5)
Net external debt | 4,498.4 | 4,867.2
Analysed as: |  | 
Debt including Group’s share of joint ventures | 4,721.4 | 5,141.5
Cash including Group’s share of joint ventures | (223.0) | (274.3)
Net external debt | 4,498.4 | 4,867.2


Question: What is the total borrowings in 2018?
Answer: 5,331.0
12 . brokerage receivables and brokerage payables the company has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: .

Table:
in millions of dollars | december 31 , 2018 | december 31 , 2017
receivables from customers | $ 14415 | $ 19215
receivables from brokers dealers and clearing organizations | 21035 | 19169
total brokerage receivables ( 1 ) | $ 35450 | $ 38384
payables to customers | $ 40273 | $ 38741
payables to brokers dealers and clearing organizations | 24298 | 22601
total brokerage payables ( 1 ) | $ 64571 | $ 61342
total brokerage payables ( 1 ) $ 64571 $ 61342 ( 1 ) includes brokerage receivables and payables recorded by citi broker-dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .

Question: what percentage of total brokerage payables at december 31 , 2017 where receivables from customers?
Answer: 31%
Calculation: divide(19215, 61342)
Stock Repurchases. On August 22, 2011, we established a share repurchase program ("Share Repurchase Program"). On June 11, 2019, our Board of Directors authorized an extension and increase of the Share Repurchase Program to repurchase up to $5,000,000 of shares of our common stock over the subsequent 24 month period (for a total authorization of approximately $22,000,000 since inception of the program in August 2011). The common stock may be repurchased from time to time in open market transactions or privately negotiated transactions in our discretion. The timing and amount of the shares repurchased is determined by management based on its evaluation of market conditions and other factors. The Share Repurchase Program may be increased, suspended or discontinued at any time.
During the months of October, November and December 2019, we repurchased common stock pursuant to our Share Repurchase Program as indicated below:
During the year ended December 31, 2019, we repurchased an aggregate of 335,372 shares of our common stock pursuant to our Share Repurchase Program at a cost of approximately $764,606 (exclusive of commissions) or an average price per share of $2.28.
During the year ended December 31, 2019, we repurchased an aggregate of 335,372 shares of our common stock pursuant to our Share Repurchase Program at a cost of approximately $764,606 (exclusive of commissions) or an average price per share of $2.28.
Since inception of our Share Repurchase Program (August 2011) to December 31, 2019, we repurchased an aggregate of 8,489,770 shares of our common stock at a cost of approximately $15,906,846 (exclusive of commissions) or an average per share price of $1.87.
Table:
Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number (or Approximate Dollar Value) of Shares) that May Yet Be Purchased Under the Plans or Programs
October 1, 2019 to October 31, 2019 | — | — | — | $4,803,723
November 1, 2019 to November 30, 2019 | 11,386 | $2.12 | 11,386 | $4,779,620
December 1, 2019 to December 31, 2019 | 153,431 | $2.18 | 153,431 | $4,445,258
Total | 164,817 | $2.17 | 164,817 | 


Question: How many shares did the company repurchase since the inception of the Share Repurchase Program?
Answer: 8,489,770 shares
SUPERVISORY BOARD
The following table sets forth information concerning all remuneration (base compensation, no bonuses or pensions were paid) from the Company (including its subsidiaries) for services in all capacities to all current and former members of the Supervisory Board of the Company:
1 Period January 1 to May 28, 2018
2 Period as of May 28, 2018
The remuneration of members of the Supervisory Board has been determined by the 2018 Annual General Meeting of Shareholders.
No stock options or performance shares have been granted to members of the Supervisory Board.
Table:
 | Year ended  December 31 | 
 | 2018 | 2019
Supervisory Board: |  | 
J.C. Lobbezoo | 78.6 | 83.5
H.W. Kreutzer 1) | 21.4 | 0.0
M.C.J. van Pernis | 56.0 | 58.5
U.H.R. Schumacher | 53.5 | 56.0
S. Kahle-Galonske | 55.9 | 60.0
M.J.C. de Jong 2) | 34.0 | 57.5
TOTAL | 299.4 | 315.5


Question: How were the remuneration figures determined?
Answer: by the 2018 Annual General Meeting of Shareholders
stock 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 the securities exchange act of 1934 , each as amended , except to the extent that sysco specifically incorporates such information by reference into such filing . the following stock performance graph compares the performance of sysco 2019s common stock to the s&p 500 index and to the s&p 500 food/ staple retail index for sysco 2019s last five fiscal years . the graph assumes that the value of the investment in our common stock , the s&p 500 index , and the s&p 500 food/staple index was $ 100 on the last trading day of fiscal 2006 , and that all dividends were reinvested . performance data for sysco , the s&p 500 index and the s&p 500 food/ staple retail index is provided as of the last trading day of each of our last five fiscal years . comparison of 5 year cumulative total return assumes initial investment of $ 100 .

Table:
 | 7/1/06 | 6/30/07 | 6/28/08 | 6/27/09 | 7/3/10 | 7/2/11
sysco corporation | $ 100 | $ 110 | $ 97 | $ 82 | $ 105 | $ 120
s&p 500 | 100 | 120 | 105 | 77 | 88 | 117
s&p 500 food/staple retail index | 100 | 107 | 111 | 92 | 93 | 120
.

Question: what was the difference in percentage return of sysco corporation and the s&p 500 for the five years ended 7/2/11?
Answer: 3%
Calculation: subtract(120, 100), divide(#0, 100), subtract(117, 100), divide(#2, 100), subtract(#1, #3)
entergy corporation and subsidiaries notes to financial statements liability to $ 60 million , and recorded the $ 2.7 million difference as a credit to interest expense . the $ 60 million remaining liability was eliminated upon payment of the cash portion of the purchase price . as of december 31 , 2016 , entergy louisiana , in connection with the waterford 3 lease obligation , had a future minimum lease payment ( reflecting an interest rate of 8.09% ( 8.09 % ) ) of $ 57.5 million , including $ 2.3 million in interest , due january 2017 that is recorded as long-term debt . in february 2017 the leases were terminated and the leased assets were conveyed to entergy louisiana . grand gulf lease obligations in 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million . the initial term of the leases expired in july 2015 . system energy renewed the leases for fair market value with renewal terms expiring in july 2036 . at the end of the new lease renewal terms , system energy has the option to repurchase the leased interests in grand gulf or renew the leases at fair market value . in the event that system energy does not renew or purchase the interests , system energy would surrender such interests and their associated entitlement of grand gulf 2019s capacity and energy . system energy is required to report the sale-leaseback as a financing transaction in its financial statements . for financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation . however , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes . consistent with a recommendation contained in a ferc audit report , system energy initially recorded as a net regulatory asset the difference between the recovery of the lease payments and the amounts expensed for interest and depreciation and continues to record this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term . the amount was a net regulatory liability of $ 55.6 million and $ 55.6 million as of december 31 , 2016 and 2015 , respectively . as of december 31 , 2016 , system energy , in connection with the grand gulf sale and leaseback transactions , had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) that are recorded as long-term debt , as follows : amount ( in thousands ) .

Table:
 | amount ( in thousands )
2017 | $ 17188
2018 | 17188
2019 | 17188
2020 | 17188
2021 | 17188
years thereafter | 257812
total | 343752
less : amount representing interest | 309393
present value of net minimum lease payments | $ 34359
.

Question: what are the implicit interest costs for the lease payments due after 2021 , in thousands?
Answer: 13225.7
Calculation: divide(5.13, const_100), multiply(#0, 257812)
Net Debt to Adjusted EBITDA Ratio
(UNAUDITED)
($ in millions)
(1) 2017 Adjusted EBITDA shown pro forma, assuming the Level 3 acquisition and the colocation and data center sale took place on January 1, 2017.
Table:
 | 2019 | 2018 | 2017(1)
Gross Debt | $35,039 | 36,352 | 38,053
Cash and cash equivalents | (1,690) | (488) | (551)
Net debt | $33,349 | 35,864 | 37,502
Adjusted EBITDA excluding integration and transformation costs and special items (1) | $9,070 | 9,040 | 8,686
Net Debt to Adjusted EBITDA Ratio | 3.7 | 4.0 | 4.3


Question: What is the total gross debt over the three years?
Answer: 109444
Calculation: $35,039+$36,352+$38,053
Investments
As of June 30, 2019, the Group’s investments consisted of the following:
As of June 30, 2019, the Group had $445.0 million of investments which were classified as short-term investments on the Group’s consolidated statements of financial position. Additionally, the Group had marketable equity securities totaling $58.9 million, non-marketable equity securities totaling $3.0 million, and certificates of deposit and time deposits totaling $3.7 million which were classified as long-term and were included in other non-current assets on the Group’s consolidated statements of financial position.
Table:
 | Amortized Cost | Unrealized Gains | Unrealized Losses | Fair Value
 |  | (U.S. $ in thousands) |  | 
Debt Investments |  |  |  | 
Marketable debt securities |  |  |  | 
U.S. treasury securities | $101,563 | $203 | $(7) | 101,759
Agency securities | 26,936 | 33 | (3) | 26,966
Certificates of deposit and time deposits | 24,126 | — | — | 24,126
Commercial paper | 94,035 | — | — | 94,035
Corporate debt securities | 201,552 | 292 | (24) | 201,820
Total debt investments | 448,212 | 528 | (34) | 448,706
Equity Investments |  |  |  | 
Marketable equity securities | 20,270 | 38,662 | — | 58,932
Non-marketable equity securities | 3,000 | — | — | 3,000
Total equity investments | 23,270 | 38,662 | — | 61,932
Total investments | $471,482 | $39,190 | $(34) | $510,638


Question: As of June 30, 2019, what is the value of the certificates of deposit and time deposits?
Answer: $3.7 million
3.6 Provisions
Recognition, measurement and classification
Employee benefits – annual and long service leave
The Group recognises a liability for long service leave and annual leave measured as the present value of expected future payments to be made in respect of services provided by employees up to the reporting date using the projected unit credit method. Consideration is given to expected future wage and salary levels, experience of employee departures, and periods of service. Expected future payments are discounted using market yields at the reporting date on corporate bond rates with terms to maturity and currencies that match, as closely as possible, the estimated future cash outflows.
The Group does not expect its long service leave or annual leave benefits to be settled wholly within 12 months of the reporting date.
Annual and long service leave are classified as current where there is a current obligation to pay the employee shall they leave the Group.
Clawback provisions
Upfront fees received from certain insurance funds, broadband providers and mortgage brokers can be clawed back in the event of early termination of membership. They vary across the industries and are usually triggered where a referred member terminates their policy. Each relevant Product Provider has an individual agreement and the clawback period ranges between 0 and 24 months, depending on the agreement.
Key estimates - Employee benefits
Provisions are measured at the present value of management’s best estimate of the expenditure required to settle the present obligation at the reporting date using the discounted cash flow methodology. The risks specific to the provision are factored into the cash flows and as such a corporate bond rate relative to the expected life of the provision is used as a discount rate. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects the time value of money and the risks specific to the liability. The increase in the provision resulting from the passage of time is recognised as interest expense.
Key estimates - Clawback provisions
The Group provides for this liability based upon historic average rates of attrition and recognises revenue net of these clawback amounts.
Table:
 | CONSOLIDATED | 
 | 2019 $’000 | 2018 $’000
Current |  | 
Annual leave | 2,349 | 2,233
Long service leave | 830 | 781
Clawback | 2,715 | 2,463
Rebates | 241 | 224
 | 6,135 | 5,701
Non-Current |  | 
Long service leave | 418 | 343
 | 418 | 343


Question: What is the percentage change in the non-current provisions from 2018 to 2019?
Answer: 21.87
Calculation: (418-343)/343
Intangible Assets
Internal software development costs of $2,526 and $12,666 were capitalized during the years ended December 31, 2019 and 2018, respectively, and are classified within software development costs as an intangible asset. Amortization expense related to the capitalized internally developed software was $7,464 and $3,832 for the years ended December 31, 2019 and 2018, respectively, and is included in cost of revenues, sales and marketing and general and administrative expenses in the accompanying Consolidated Statements of Operations and Comprehensive Loss.
Expressed in US $000's except share and per share amounts
Table:
 | December 31, 2018 |  | 
 | Cost | Accumulated amortization | Net book value
 | $ | $ | $
Acquired technology | 15,556 | 7,875 | 7,681
Software development costs | 24,963 | 9,226 | 15,737
Acquired customer relationships | 495 | 346 | 149
Purchased software | 6,973 | 4,503 | 2,470
Other intangible assets | 591 | 556 | 35
 | 48,578 | 22,506 | 26,072


Question: What financial items does intangible assets comprise of?
Answer: Acquired technology, Software development costs, Acquired customer relationships, Purchased software, Other intangible assets