hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
31. NET DEFERRED GAIN (Cont’d)
NetLink Trust (“NLT”) is a business trust established as part of the Info-communications Media Development Authority of Singapore’s effective open access requirements under Singapore’s Next Generation Nationwide Broadband Network.
In prior years, Singtel had sold certain infrastructure assets, namely ducts, manholes and exchange buildings (“Assets”) to NLT. At the consolidated level, the gain on disposal of Assets recognised by Singtel is deferred in the Group’s statement of financial position and amortised over the useful lives of the Assets. The unamortised deferred gain is released to the Group’s income statement when NLT is partially or fully sold, based on the proportionate equity interest disposed.
Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.

Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.
Table:
 |  | Group | 
 | 31 March | 31 March | 1 April
 | 2019 | 2018 | 2017
 | S$ Mil | S$ Mil | S$ Mil
Unamortised deferred gain | 446.3 | 452.7 | 1,616.5
Reclassification from ‘Associates’ (see Note 23) | (50.5) | (74.9) | (265.0)
Net deferred gain | 395.8 | 377.8 | 1,351.5
Classified as – |  |  | 
Current | 20.8 | 20.1 | 68.8
Non-current | 375.0 | 357.7 | 1,282.7
 | 395.8 | 377.8 | 1,351.5


Question: What is the % change in net deferred gain classified under non-current from 2018 to 2019?
Answer: 4.84
Calculation: (375.0 - 357.7) / 357.7
22 Trade and Other Payables
Trade payables are non interest-bearing and are normally settled on 30-day terms or as otherwise agreed with suppliers.
Table:
 | 31 March 2019 | 31 March 2018
 | $M | $M
Current |  | 
Trade payables | 35.8 | 39.6
Accruals | 46.6 | 68.4
Social security and other taxes | 12.7 | 14.9
Other payables | 7.1 | 11.2
Total current trade and other payables | 102.2 | 134.1
Non-Current |  | 
Other payables | 10.1 | 8.2
Total non-current trade and other payables | 10.1 | 8.2


Question: For which years are the trade and other payables calculated for?
Answer: 2019, 2018
management 2019s discussion and analysis 74 jpmorgan chase & co./2017 annual report treasury and cio overview treasury and cio is predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding and structural interest rate and foreign exchange risks , as well as executing the firm 2019s capital plan . the risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off-balance sheet assets and liabilities . treasury and cio seek to achieve the firm 2019s asset-liability management objectives generally by investing in high- quality securities that are managed for the longer-term as part of the firm 2019s investment securities portfolio . treasury and cio also use derivatives to meet the firm 2019s asset- liability management objectives . for further information on derivatives , see note 5 . the investment securities portfolio primarily consists of agency and nonagency mortgage- backed securities , u.s . and non-u.s . government securities , obligations of u.s . states and municipalities , other abs and corporate debt securities . at december 31 , 2017 , the investment securities portfolio was $ 248.0 billion , and the average credit rating of the securities comprising the portfolio was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) . see note 10 for further information on the details of the firm 2019s investment securities portfolio . for further information on liquidity and funding risk , see liquidity risk management on pages 92 201397 . for information on interest rate , foreign exchange and other risks , see market risk management on pages 121-128 . selected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2017 2016 2015 .

Table:
as of or for the year ended december 31 ( in millions ) | 2017 | 2016 | 2015
securities gains/ ( losses ) | $ -78 ( 78 ) | $ 132 | $ 190
afs investment securities ( average ) | 219345 | 226892 | 264758
htm investment securities ( average ) | 47927 | 51358 | 50044
investment securities portfolio ( average ) | 267272 | 278250 | 314802
afs investment securities ( period-end ) | 200247 | 236670 | 238704
htm investment securities ( period-end ) | 47733 | 50168 | 49073
investment securities portfolio ( period 2013end ) | 247980 | 286838 | 287777
afs investment securities ( average ) 219345 226892 264758 htm investment securities ( average ) 47927 51358 50044 investment securities portfolio ( average ) 267272 278250 314802 afs investment securities ( period-end ) 200247 236670 238704 htm investment securities ( period-end ) 47733 50168 49073 investment securities portfolio ( period 2013end ) 247980 286838 287777 .

Question: for 2017 , were available for sale securities on average greater than held to maturity securities?
Answer: yes
Calculation: greater(219345, 47927)
NOTE 15 – INCOME TAXES
As of December 31, 2019, the Company had net operating loss carry-forwards for federal income tax purposes of approximately $18.3 million, consisting of pre-2018 losses in the amount of approximately $14.3 million that expire from 2020 through 2037, and post-2017 losses in the amount of approximately $4 million that never expire. These net operating losses are available to offset future taxable income. The Company was formed in 2006 as a limited liability company and changed to a corporation in 2007. Activity prior to incorporation is not reflected in the Company’s corporate tax returns. In the future, the cumulative net operating loss carry-forward for income tax purposes may differ from the cumulative financial statement loss due to timing differences between book and tax reporting.
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:
Table:
 | 2019 | 2018
Federal income tax benefit (expense) attributable to:         |  | 
Current operations  | $848,000 | $(48,000)
Acquisition costs   | (143,000) | -
Change in fair value of contingent consideration   | (133,000) | -
Other permanent items   | 29,000 | (36,000)
Deferred Adjustment   | (913,000) | -
Valuation allowance   | 1,209,960 | 84,000
Net provision for federal income tax  | $897,960 | $-


Question: When was the Company formed?
Answer: 2006
Income from Equity Investees
Marine Services: Income from equity investees within our Marine Services segment for the year ended December 31, 2019 decreased $14.1 million to $5.6 million from $19.7 million for the year ended year ended December 31, 2018. The decrease was driven by HMN, due to lower revenues on large turnkey projects underway than in the comparable period.
The equity investment in HMN has contributed $5.0 million and $12.7 million in income from equity investees for the years ended December 31, 2019 and 2018, respectively. Further contributing to the reduction in income were losses at SBSS from a loss contingency related to ongoing legal disputes and lower vessel utilization.
Life Sciences: Loss from equity investees within our Life Sciences segment for the year ended December 31, 2019 decreased $0.6 million to $3.4 million from $4.0 million for the year ended December 31, 2018. The decrease in losses were largely due to lower equity method losses recorded from our investment in MediBeacon due to the timing of clinical trials and revenue from a licensing agreement which did not occur in the comparable periods.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | Increase / (Decrease)
Construction | $— | $ (0.2) | $ 0.2
Marine Services | 5.6 | 19.7 | (14.1)
Life Sciences | (3.4) | (4.0) | 0.6
Other | — | (0.1) | 0.1
Income from equity investees | $ 2.2 | $ 15.4 | $ (13.2)


Question: What was the decrease in the income from equity investees in December 2019?
Answer: $14.1 million
G. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment, net consisted of the following at December 31, 2019 and 2018:
Depreciation of property, plant and equipment for the years ended December 31, 2019, 2018, and 2017 was $70.8 million, $67.4 million, and $66.1 million, respectively. As of December 31, 2019 and 2018, the gross book value included in machinery and equipment for internally manufactured test systems being leased by customers was $5.4 million and $5.5 million, respectively. As of December 31, 2019 and 2018, the accumulated depreciation on these test systems was $5.1 million and $5.2 million, respectively.
Table:
 | 2019 | 2018
 | (in thousands) | 
Land | $16,561 | $16,561
Buildings | 107,282 | 105,935
Machinery, equipment and software | 834,970 | 752,722
Furniture and fixtures | 29,157 | 27,432
Leasehold improvements | 59,378 | 52,536
Construction in progress | 2,537 | 6,276
 | 1,049,885 | 961,462
Less: accumulated depreciation | 729,669 | 681,641
 | $320,216 | $279,821


Question: In which years was Property, plant and equipment, net calculated?
Answer: 2019, 2018
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 13. INTANGIBLE ASSETS
Intangible assets consisted of the following as of December 31, 2019 and 2018:
At December 31, 2019, the weighted average remaining useful life of intangibles subject to amortization was approximately 11.2 years.
Table:
December 31, 2019 | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Technology | $83,368 | $(14,250) | $69,118
Customer relationships | 108,995 | (18,197) | 90,798
Trademarks and other | 26,888 | (2,793) | 24,095
Total | $219,251 | $(35,240) | $184,011
December 31, 2018 | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Technology | $39,879 | $(7,927) | $31,952
Customer relationships | 35,509 | (13,484) | 22,025
Trademarks and other | 2,501 | (1,568) | 933
Total | $77,889 | $(22,979) | $  54,910


Question: What was the gross carrying amount of Technology in 2019?
Answer: $83,368
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 3 — Accounts Receivable
The components of accounts receivable are as follows:
Table:
 | As of December 31, | 
 | 2019 | 2018
Accounts receivable, gross | $78,269 | $79,902
Less: Allowance for doubtful accounts | (261) | (384)
Accounts receivable, net | $78,008 | $79,518


Question: Which years does the table provide information for the components of the accounts receivables for the company?
Answer: 2019, 2018
Item 14. Principal Accountant Fees and Services
Fees For Professional Audit Services
The following is a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018:
(1) Represents the aggregate fees billed for the audit of the Company’s financial statements, review of the financial statements included in the Company’s quarterly reports and services in connection with the statutory and regulatory filings or engagements for those years.
(2)  Represents the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Company’s financial statements and are not reported under “audit fees.”
(3)  Represents the aggregate fees billed for tax compliance, advice and planning.
(4)  Represents the aggregate fees billed for all products and services provided that are not included under “audit fees,” “audit-related fees” or “tax fees.”
Table:
 | Fiscal Year | Fiscal Year
 | 2019 | 2018
Audit Fees(1) | $1,925,000 | $1,956,000
Audit-Related Fees(2) | — | 14,000
Tax Fees(3) | — | —
All Other Fees(4) | 222,000 | 157,000
Total Fees | $2,147,000 | $2,127,000


Question: What does the table show us?
Answer: a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018
Net Settlement of Equity Awards
The majority of restricted stock units are subject to vesting. The underlying shares of common stock are issued when the restricted stock units vest. The majority of participants choose to participate in a broker-assisted automatic sales program to satisfy their applicable tax withholding requirements. We do not treat the shares sold pursuant to this automatic sales program as common stock repurchases.
In the fourth quarter of 2019, we withheld 83,327 shares through net settlements (where the award holder receives the net of the shares vested, after surrendering a portion of the shares back to the Company for tax withholding) for restricted stock units that vested for some of our executive officers.
The following table provides a summary of the Company’s repurchase of common stock under the Repurchase Program and shares surrendered back to the Company for tax withholding on restricted stock units that vested under our equity incentive programs in the three months ended December 31, 2019:
Table:
Period | Total Number of Shares Repurchased | Average Price Paid per Share | Total Number of Shares Purchased as part of a Publicly Announced Program | Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program
October 1, 2019 through October 31, 2019 | - | - | - - | $12,544,543
November 1, 2019 through November 30, 2019 | 274,681 | $4.82 | 191,354 | $11,620,641
December 1, 2019 through December 31, 2019 | 374,490 | $4.70 | 374,490 | $9,859,153
Total shares repurchased | 649,171 | $4.75 | 565,844 | $9,859,153


Question: What is the total number of shares repurchased for December 1, 2019 through December 31, 2019 and for November 1, 2019 through November 30, 2019 respectively?
Answer: 374,490, 274,681
Restricted Stock Units
A summary of the Company’s restricted stock unit activity is as follows:
Performance-Based Restricted Stock Units
Performance-based restricted stock units are eligible to vest at the end of each fiscal year in a three-year performance period based on the Company’s annual growth rate in net sales and non-GAAP diluted earnings per share (subject to certain adjustments) over a multiple of four times the related results for the fourth quarter of 2018 relative to the growth rates for a peer group of companies for the same metrics and periods.
For the performance-based restricted stock units granted in 2019, 60% of each performance-based award is subject to the net sales metric for the performance period and 40% is subject to the non-GAAP diluted earnings per share metric for the performance period. The maximum percentage for a particular metric is2 50% of the target number of units subject to the award related to that metric, however, vesting of the performance stock units is capped at 30% and 100%, respectively, of the target number of units subject to the award in years one and two, respectively, of the three-year performance period.
As of December 31, 2019, the Company believes that it is probable that the Company will achieve performance metrics specified in the award agreement based on its expected revenue and non-GAAP diluted EPS results over the performance period and calculated growth rates relative to its peers’ expected results based on data available, as defined in the award agreement.
Table:
 | Number of Shares | Weighted-Average Grant-Date
 | (in thousands) | Fair Value per Share
Outstanding at December 31, 2018 | 3,263 | $20.23
Granted | 1,580 | 23.23
Vested | (1,541) | 20.16
Canceled | (378) | 21.52
Outstanding at December 31, 2019 | 2,924 | 21.72


Question: What is the eligibility of Performance-based restricted stock to vest?
Answer: at the end of each fiscal year in a three-year performance period based on the Company’s annual growth rate
Deferred income taxes are recorded for differences in the basis of assets and liabilities for financial reporting purposes and tax reporting purposes. Deferred tax assets (liabilities) were comprised of the following:
At January 3, 2020, the Company had state net operating losses of $77 million and state tax credits of $7 million. Both will begin to expire in fiscal 2020; however, the Company expects to utilize $24 million and $7 million of these state net operating losses and state tax credits, respectively. The Company also had foreign net operating losses of $44 million, which do not expire. The Company expects to utilize $9 million of these foreign net operating losses.
Our valuation allowance for deferred tax assets was $20 million and $28 million as of January 3, 2020 and December 28, 2018, respectively. The valuation allowance decreased by $8 million primarily due to the sale of the commercial cybersecurity business and releases related to the expected utilization of certain carryover attributes, partially offset by an increase related to foreign withholding taxes.
Table:
 | January 3, 2020 | December 28, 2018
 | (in millions) | 
Operating lease liabilities | $115 | $—
Accrued vacation and bonuses | 54 | 48
Reserves | 46 | 57
Deferred compensation | 26 | 25
Credits and net operating losses carryovers | 25 | 31
Vesting stock awards | 18 | 20
Accumulated other comprehensive loss | 12 | —
Deferred rent and tenant allowances | 4 | 18
Investments | 2 | 18
Deferred gain | — | 20
Other | 9 | 13
Total deferred tax assets | 311 | 250
Valuation allowance | (20) | (28)
Deferred tax assets, net of valuation allowance | 291 | 222
Purchased intangible assets | $(339) | $(326)
Operating lease right-of-use assets | (103) | —
Deferred revenue | (17) | (40)
Employee benefit contributions | (6) | (4)
Accumulated other comprehensive income | — | (6)
Partnership interest | — | (2)
Other | (10) | (14)
Total deferred tax liabilities | (475) | (392)
Net deferred tax liabilities | $(184) | $(170)


Question: What was the valuation allowance for deferred tax assets in 2020 and 2018 respectively?
Answer: $20 million, $28 million
12. Earnings per share How are earnings per share calculated?
Basic earnings per share is calculated by dividing the profit after tax attributable to equity shareholders by the weighted average number of shares in issue after deducting the own shares held by employee share ownership trusts and treasury shares.
In calculating the diluted earnings per share, share options outstanding and other potential shares have been taken into account where the impact of these is dilutive. Options over 36m shares (2017/18: 23m shares, 2016/17: 27m shares) were excluded from the calculation of the total diluted number of shares as the impact of these is antidilutive.
The earnings per share calculations are based on profit after tax attributable to equity shareholders of the parent company which excludes non-controlling interests. Profit after tax was £2,159m (2017/18: £2,032m, 2016/17: £1,908m) and profit after tax attributable to non-controlling interests was £3m (2017/18: £4m, 2016/17: £1m). Profit attributable to non-controlling interests is not presented separately in the financial statements as it is not material.
Table:
Year ended 31 March | 2019 | 2018 | 2017
Basic weighted average number of shares (millions) | 9,912 | 9,911 | 9,938
Dilutive shares from share options (millions) | 6 | 2 | 27
Dilutive shares from executive share awards (millions) | 57 | 48 | 29
Diluted weighted average number of shares (millions) | 9,975 | 9,961 | 9,994
Basic earnings per share | 21.8p | 20.5p | 19.2p
Diluted earnings per share | 21.6p | 20.4p | 19.1p


Question: What was the change in the Basic weighted average number of shares (millions) from 2018 to 2019?
Answer: 1
Calculation: 9,912 - 9,911
Total Expense for Share-Based Payment
Total expense for the share-based payment plans of Executive Board members was determined in accordance with IFRS 2 (Share- Based Payments) and consists exclusively of obligations arising from Executive Board activities.
Table:
€ thousands | 2019 | 2018
Christian Klein (Co-CEO from 10/10/2019) | 1,925 | 442.2
Jennifer Morgan (Co-CEO from 10/10/2019) | 2,894 | 796.1
Robert Enslin (until 4/5/2019) | 3,480 | 727.0
Adaire Fox-Martin | 2,667 | 796.1
Michael Kleinemeier | 3,253 | 914.2
Bernd Leukert (until 3/31/2019) | 8,606 | 775.2
Bill McDermott (CEO until 10/10/2019, Executive Board member until 11/15/2019) | 14,689 | 2,155.8
Luka Mucic | 3,391 | 675.8
Jürgen Müller (from 1/1/2019) | 768 | -
Stefan Ries | 2,646 | 772.0
Thomas Saueressig (from 11/1/2019) | 128 | -
Total | 44,446.5 | 8,054.4


Question: What was the change in the expense for share-based payment for  Stefan Ries  in 2019 from 2018?
Answer: 1874
Calculation:  2,646 - 772.0
Unrecognized Tax Benefits
The Company operates in multiple jurisdictions throughout the world and the income tax returns of its subsidiaries in various jurisdictions are subject to periodic examination by the tax authorities. The Company regularly assesses the status of these  examinations and the various outcomes to determine the adequacy of its provision for income taxes. The amount of gross unrecognized tax benefits totaled $3.1 million and $1.4 million at April 27, 2019 and April 28, 2018, respectively. These amounts represent the amount of unrecognized benefits that, if recognized, would favorably impact the effective tax rate if resolved in the Company’s favor.
The following table presents a reconciliation of the beginning and ending amounts of unrecognized tax benefits:
At April 27, 2019, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months.
The U.S. federal statute of limitations remains open for fiscal years ended on or after 2016 and for state tax purposes on or after fiscal year 2013. Tax authorities may have the ability to review and adjust net operating losses or tax credits that were generated prior to these fiscal years. In the major foreign jurisdictions, fiscal 2012 and subsequent periods remain open and subject to examination by taxing authorities.
The continuing practice of the Company is to recognize interest and penalties related to income tax matters in the provision for income taxes. The Company had $0.1 million accrued for interest and no accrual for penalties at April 27, 2019.
Table:
(Dollars in Millions) | April 27, 2019 | April 28, 2018
Balance at Beginning of Fiscal Year | $1.4 | $1.3
Increases for Positions Related to the Prior Years | 1.8 | —
Increases for Positions Related to the Current Year | 0.9 | 0.1
Decreases for Positions Related to the Prior Years | — | —
Lapsing of Statutes of Limitations | (1.0) | —
Balance at End of Fiscal Year | $3.1 | $1.4


Question: What was the accrued interest in 2019?
Answer: $0.1 million