hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Cash used in investing activities
Detail of the cash used in investing activities is included below for each year (dollars in millions).
2019 vs. 2018. The $8.8 million higher spend on investing activities during 2019 compared to 2018 was primarily related to an increase in capitalized costs associated with various internally-developed software projects, such as mobile application development and transaction processing, an increase in hardware costs primarily associated with our growing infrastructure needs and an increase in leasehold improvements associated with security build outs of expanded office space.
2018 vs. 2017. We had net cash used in investing activities of $6.6 million during 2018 compared to $4.1 million during 2017. The higher spend in 2018 was primarily related to an increase in software expenditures, most of which were capitalized costs related to internally-developed software, which consisted primarily of merchant experience enhancements and mobile application development. This activity was partially offset by lower infrastructure expenditures in 2018 compared to 2017, as we did not have any material changes to our leased premises during 2018.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Software | $12.7 | $5.4 | $2.3
Computer hardware | 1.2 | 0.8 | 0.8
Leasehold improvements | 0.9 | 0.2 | 0.5
Furniture | 0.6 | 0.2 | 0.5
Purchases of property, equipment and software | $15.4 | $6.6 | $4.1


Question: What was the change in the cash used in Leasehold Improvements between 2017 and 2019?
Answer: 0.4
Calculation: 0.9-0.5
5. Investment income and financing costs
Investment income comprises interest received from short-term investments and other receivables as well as certain foreign exchange movements. Financing costs mainly arise from interest due on bonds and commercial paper issued, bank loans and the results of hedging transactions used to manage foreign exchange and interest rate movements
Note: 1 Includes €305 million (2018: €187 million; 2017: €272 million) of interest on foreign exchange derivatives.
Table:
 | 2019 | 2018 | 2017
 | €m | €m | €m
Investment income: |  |  | 
Amortised cost | 286 | 339 | 426
Fair value through profit and loss | 147 | 24 | 20
Foreign exchange | – | 322 | 28
 | 433 | 685 | 474
Financing costs: |  |  | 
Items in hedge relationships: |  |  | 
Other loans | 17 | 74 | 170
Interest rate and cross-currency interest rate swaps | (414) | (128) | (235)
Fair value hedging instrument | (8) | 48 | 22
Fair value of hedged item | 10 | (36) | (16)
Other financial liabilities held at amortised cost: |  |  | 
Bank loans and overdrafts | 336 | 317 | 419
Bonds and other liabilities1 | 1,567 | 885 | 1,243
Interest (credit)/charge on settlement of tax issues | (1) | (11) | 47
Fair value through profit and loss: |  |  | 
Derivatives – options, forward starting swaps and futures | 391 | (75) | (244)
Foreign exchange | 190 | – | –
 | 2,088 | 1,074 | 1,406
Net financing costs | 1,655 | 389 | 932


Question: What does investment income comprise of?
Answer: interest received from short-term investments and other receivables as well as certain foreign exchange movements
The UK and Ireland business-to-business market remains challenging. The main headwind we face is the decline in traditional calls and lines where we have a relatively high market share. The IP Voice market is significantly more fragmented, with a large number of providers, and we are focused on expanding our share in this growing market.
The mobile market remains competitive and we continue to see pressure on pricing. While overall growth in the broadband market is limited, we are seeing good demand for our premium products such as fibre and 4G Assure. Newer areas such as the Internet of Things, Cloud, SDWAN and security remain good opportunities for us over the longer term.
Adjusted a revenue decreased 5% for the year mainly due to the ongoing decline of fixed voice revenue. We continue to see a steeper than expected reduction in calls per fixed line as usage moves to mobile and IP. We continue to sell less low margin equipment and also experienced ongoing declines in some of our other legacy products such as private circuits. This was partially offset by growth in IP, Mobile and Networking. We’re also continuing to see encouraging growth in messaging volumes in Ventures.
Adjusted a operating costs reduced 6%, helped by labour cost efficiencies from our cost transformation programmes. Adjusteda EBITDA decreased 4%, with our lower cost base more than offset by the reduction in revenue.
Capital expenditure increased 2% and normalised free cash flowb decreased 7%, reflecting the reduction in EBITDA and the higher capital expenditure.
The Retail order intake decreased 15% to £2.9bn for the year due to the signing of a large contract in Republic of Ireland in the prior year. The Wholesale order intake declined 22% to £1.0bn after 2017/18 benefitted from a number of large deals, including the timing of some contract renewals.
a Adjusted measures exclude specific items, as explained in the Additional Information on page 185. b Free cash flow after net interest paid, before pension deficit payments (including the cash tax benefit of pension deficit payments) and specific items. d Enterprise comparatives have been re-presented to reflect the bringing together of our Business and Public Sector and Wholesale and Ventures units into a single Enterprise unit, as well as the transfer of Northern Ireland Networks from Enterprise to Openreach.
Table:
Enterprise d |  |  |  | 
Adjusteda revenue £6,292m |  |  | Adjusteda operating profit £1,356m | 
 | 2019 (IFRS 15) | 2018 (IAS 18) | Change | 
Year to 31 March | £m | £m | £m | %
Adjusted a revenue | 6,292 | 6,647 | (355) | (5)
Adjusted a operating costs | 4,302 | 4,570 | (268) | (6)
Adjusted a EBITDA | 1,990 | 2,077 | (87) | (4)
Depreciation & amortisation | 634 | 635 | (1) | -
Adjusted a operating profit | 1,356 | 1,442 | (86) | (6)
Capital expenditure | 501 | 492 | 9 | 2
Normalised free cash flow b | 1,483 | 1,587 | (104) | (7)


Question: What is the decrease in adjusted revenue?
Answer: 5%
(l) Cash, Cash Equivalents and Restricted Cash
Cash equivalents consist of highly liquid investments with maturities of three months or less on the date of purchase. Restricted cash includes cash and cash equivalents that is restricted through legal contracts, regulations or our intention to use the cash for a specific purpose. Our restricted cash primarily relates to refundable deposits and funds held in escrow.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets to the total amounts shown in the statements of cash flows (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Cash and cash equivalents | $19,505 | $18,017
Restricted cash | 1,205 | 1,444
Total cash, cash equivalents and restricted cash in the consolidated statements of cash flows | $20,710 | $19,461


Question: What is the average restricted cash amount in 2018 and 2019?
Answer: 1324.5
Calculation: (1,205+1,444)/2
In 2019 we recorded $5 million of impairment, restructuring charges and other related closure costs, mainly consisting of impairment of equipment and licenses dedicated exclusively to certain development projects that were cancelled, while no alternative future use was identified internally.
In 2018 we recorded $21 million of impairment, restructuring charges and other related closure costs, consisting of: (i) $19 million related to the set-top box restructuring plan and (ii) $2 million of impairment of acquired technologies, for which it was determined that they had no future alternative use.
In 2017 we recorded $45 million of impairment, restructuring charges and other related closure costs, primarily consisting of: (i) $34 million of net restructuring charges related to the set-top box restructuring plan; (ii) $13 million of restructuring charges related to the restructuring plan in Bouskoura, Morocco;
(iii) $3 million charge relating to the update of the existing unused lease provision and (iv) $5 million income for the reversal of provisions related to previously announced restructuring plans, mainly the Embedded Processing Solutions business restructuring plan, for which accrued provisions were not fully used at completion of the plan.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In millions) | 
Impairment, restructuring charges and other related closure costs | $(5) | $(21) | $(45)


Question: How much was the net restructuring charges related to the set-top box restructuring plan in 2017?
Answer: $34 million
Segment Results
General
Reconciliation of segment revenue to total operating revenue is below:
(1) On May 1, 2017 we sold a portion of our data centers and colocation business. See Note 3—Sale of Data Centers and Colocation Business to our consolidated financial statements in Item 8 of Part II of this report, for additional information.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (Dollars in millions) | 
Operating revenue |  |  | 
International and Global Accounts | $3,596 | 3,653 | 1,382
Enterprise | 6,133 | 6,133 | 4,186
Small and Medium Business | 2,956 | 3,144 | 2,418
Wholesale | 4,074 | 4,397 | 3,026
Consumer | 5,642 | 6,116 | 6,451
Total segment revenue | $22,401 | 23,443 | 17,463
Operations and Other(1) | — | — | 193
Total operating revenue | $22,401 | 23,443 | 17,656


Question: What is the difference between Wholesale and Consumer in 2019? 
Answer: 1568
Calculation: 5,642-4,074
Note 6 Segments
The Company’s segment reporting structure consists of two reportable segments and a Corporate category as follows: • Food Care; and • Product Care.
The Company’s Food Care and Product Care segments are considered reportable segments under FASB ASC Topic 280. Our reportable segments are aligned with similar groups of products. Corporate includes certain costs that are not allocated to or monitored by the reportable segments' management. The Company evaluates performance of the reportable segments based on the results of each segment. The performance metric used by the Company's chief operating decision maker to evaluate performance of our reportable segments is Adjusted EBITDA. The Company allocates expense to each segment based on various factors including direct usage of resources, allocation of headcount, allocation of software licenses or, in cases where costs are not clearly delineated, costs may be allocated on portion of either net trade sales or an expense factor such as cost of goods sold.
We allocate and disclose depreciation and amortization expense to our segments, although depreciation and amortization are not included in the segment performance metric Adjusted EBITDA. We also allocate and disclose restructuring charges and impairment of goodwill and other intangible assets by segment. However, restructuring charges and goodwill are not included in the segment performance metric Adjusted EBITDA since they are categorized as certain specified items (“Special Items”), in addition to certain transaction and other charges and gains related to acquisitions and divestitures and certain other specific items excluded from the calculation of Adjusted EBITDA. The accounting policies of the reportable segments and Corporate are the same as those applied to the Consolidated Financial Statements.
The following tables show Net Sales and Adjusted EBITDA by reportable segment:
Table:
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Net Sales |  |  | 
Food Care | $ 2,880.5 | $ 2,908.1 | $ 2,815.2
As a % of Total Company net sales | 60.1% | 61.4% | 63.1%
Product Care | 1,910.6 | 1,824.6 | 1,646.4
As a % of Total Company net sales | 39.9% | 38.6% | 36.9%
Total Company Net Sales | $ 4,791.1 | $ 4,732.7 | $ 4,461.6
 |  |  | 
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Adjusted EBITDA from continuing operations |  |  | 
Food Care | $ 629.3 | $ 577.8 | $ 538.1
Adjusted EBITDA Margin | 21.8% | 19.9% | 19.1%
Product Care | 349.9 | 318.6 | 292.2
Adjusted EBITDA Margin | 18.3% | 17.5% | 17.7%
Corporate | (14.4) | (6.9) | 3.0
Total Company Adjusted EBITDA from continuing operations | $ 964.8 | $ 889.5 | $ 833.3
Adjusted EBITDA Margin | 20.1% | 18.8% | 18.7%


Question: What is the Adjusted EBITDA Margin for year 2019 for the whole company?
Answer: 20.1%
performance graph the following graph compares the cumulative five-year total return provided shareholders on our class a common stock relative to the cumulative total returns of the s&p 500 index and two customized peer groups . the old peer group includes intercontinentalexchange , inc. , nyse euronext and the nasdaq omx group inc . the new peer group is the same as the old peer group with the addition of cboe holdings , inc . which completed its initial public offering in june 2010 . an investment of $ 100 ( with reinvestment of all dividends ) is assumed to have been made in our class a common stock , in the peer groups and the s&p 500 index on december 31 , 2005 and its relative performance is tracked through december 31 , 2010 . comparison of 5 year cumulative total return* among cme group inc. , the s&p 500 index , an old peer group and a new peer group 12/05 12/06 12/07 12/08 12/09 12/10 cme group inc . s&p 500 old peer group *$ 100 invested on 12/31/05 in stock or index , including reinvestment of dividends . fiscal year ending december 31 . copyright a9 2011 s&p , a division of the mcgraw-hill companies inc . all rights reserved . new peer group the stock price performance included in this graph is not necessarily indicative of future stock price performance .

Table:
 | 2006 | 2007 | 2008 | 2009 | 2010
cme group inc . | $ 139.48 | $ 188.81 | $ 58.66 | $ 96.37 | $ 93.73
s&p 500 | 115.80 | 122.16 | 76.96 | 97.33 | 111.99
old peer group | 155.58 | 190.78 | 72.25 | 76.11 | 87.61
new peer group | 155.58 | 190.78 | 72.25 | 76.11 | 87.61
.

Question: what was the percentual return for s&p 500 in the first year?
Answer: 15.8%
Calculation: divide(115.80, 100), subtract(115.80, 100)
Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible differences and operating loss and tax credit carry-forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the difference between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
At December 31, 2019, the Company had net operating loss carry-forwards of approximately $21.6 million that may be offset against future taxable income indefinitely. No tax benefit has been reported in the 2019 financial statements, since the potential tax benefit is offset by a valuation allowance of the same amount.
Net deferred tax assets consist of the following components as of December 31, 2019 and 2018:
Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry-forwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry-forwards may be limited as to use in future years.
Table:
 | 2019 | 2018
Deferred tax assets (liabilities): |  | 
NOL carryover | $5,910 | $3,370
R&D carryover | 173 | 173
Other | 236 | 239
Depreciation | 42 | 61
 | 6,361 | 3,843
Less valuation allowance | (6,361) | (3,843)
Net deferred tax asset | $- | $-


Question: In which year is the NOL carryover higher?
Answer: 2019
Calculation: Find the year with the higher NOL carryover
Note 24 Post-employment benefit plans
POST-EMPLOYMENT BENEFIT PLANS COST
We provide pension and other benefits for most of our employees. These include DB pension plans, DC pension plans and OPEBs.
We operate our DB and DC pension plans under applicable Canadian and provincial pension legislation, which prescribes minimum and maximum DB funding requirements. Plan assets are held in trust, and the oversight of governance of the plans, including investment decisions, contributions to DB plans and the selection of the DC plans investment options offered to plan participants, lies with the Pension Fund Committee, a committee of our board of directors.
The interest rate risk is managed using a liability matching approach, which reduces the exposure of the DB plans to a mismatch between investment growth and obligation growth.
The longevity risk is managed using a longevity swap, which reduces the exposure of the DB plans to an increase in life expectancy.
COMPONENTS OF POST-EMPLOYMENT BENEFIT PLANS SERVICE COST
Table:
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
DB pension | (193) | (213)
DC pension | (110) | (106)
OPEBs | (3) | (3)
Less: |  | 
Capitalized benefit plans cost | 59 | 56
Total post-employment benefit plans service cost included in operating costs | (247) | (266)
Other costs recognized in severance, acquisition and other costs | – | (4)
Total post-employment benefit plans service cost | (247) | (270)


Question: What is the change in capitalized benefit plans cost in 2019?
Answer: 3
Calculation: 59-56
eog utilized average prices per acre from comparable market transactions and estimated discounted cash flows as the basis for determining the fair value of unproved and proved properties , respectively , received in non-cash property exchanges . see note 10 . fair value of debt . at december 31 , 2018 and 2017 , respectively , eog had outstanding $ 6040 million and $ 6390 million aggregate principal amount of senior notes , which had estimated fair values of approximately $ 6027 million and $ 6602 million , respectively . the estimated fair value of debt was based upon quoted market prices and , where such prices were not available , other observable ( level 2 ) inputs regarding interest rates available to eog at year-end . 14 . accounting for certain long-lived assets eog reviews its proved oil and gas properties for impairment purposes by comparing the expected undiscounted future cash flows at a depreciation , depletion and amortization group level to the unamortized capitalized cost of the asset . the carrying values for assets determined to be impaired were adjusted to estimated fair value using the income approach described in the fair value measurement topic of the asc . in certain instances , eog utilizes accepted offers from third-party purchasers as the basis for determining fair value . during 2018 , proved oil and gas properties with a carrying amount of $ 139 million were written down to their fair value of $ 18 million , resulting in pretax impairment charges of $ 121 million . during 2017 , proved oil and gas properties with a carrying amount of $ 370 million were written down to their fair value of $ 146 million , resulting in pretax impairment charges of $ 224 million . impairments in 2018 , 2017 and 2016 included domestic legacy natural gas assets . amortization and impairments of unproved oil and gas property costs , including amortization of capitalized interest , were $ 173 million , $ 211 million and $ 291 million during 2018 , 2017 and 2016 , respectively . 15 . asset retirement obligations the following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property , plant and equipment for the years ended december 31 , 2018 and 2017 ( in thousands ) : .

Table:
 | 2018 | 2017
carrying amount at beginning of period | $ 946848 | $ 912926
liabilities incurred | 79057 | 54764
liabilities settled ( 1 ) | -70829 ( 70829 ) | -61871 ( 61871 )
accretion | 36622 | 34708
revisions | -38932 ( 38932 ) | -9818 ( 9818 )
foreign currency translations | 1611 | 16139
carrying amount at end of period | $ 954377 | $ 946848
current portion | $ 26214 | $ 19259
noncurrent portion | $ 928163 | $ 927589
( 1 ) includes settlements related to asset sales .
the current and noncurrent portions of eog's asset retirement obligations are included in current liabilities - other and other liabilities , respectively , on the consolidated balance sheets. .

Question: what is the increase observed in the liabilities incurred during 2017 and 2018?
Answer: 44.35%
Calculation: divide(79057, 54764), subtract(#0, 1)
EBITDA: TORM defines EBITDA as earnings before financial income and expenses, depreciation, impairment, amortization and taxes. The computation of EBITDA refers to financial income and expenses which the Company deems to be equivalent to “interest” for purposes of presenting EBITDA. Financial expenses consist of interest on borrowings, losses on foreign exchange transactions and bank charges. Financial income consists of interest income and gains on foreign exchange transactions.
EBITDA is used as a supplemental financial measure by Management and external users of financial statements, such as lenders, to assess TORM's operating performance as well as compliance with the financial covenants and restrictions contained in the Company's financing agreements. TORM believes that EBITDA assists Management and investors by increasing comparability of the Company's performance from period to period. This increased comparability is achieved by excluding the potentially disparate effects of interest, depreciation, impairment, amortization and taxes. These are items that could be affected by various changing financing methods and capital structure and which may significantly affect profit/(loss) between periods. Including EBITDA as a measure benefits investors in selecting between investment alternatives.
EBITDA excludes some, but not all, items that affect profit/(loss), and these measures may vary among other companies and not be directly comparable. The following table reconciles EBITDA to net profit/ (loss), the most directly comparable IFRS financial measure, for the periods presented:
Table:
USDm | 2019 | 2018 | 2017
Reconciliation to net profit/(loss) |  |  | 
Net profit/(loss) for the year | 166.0 | -34.8 | 2.4
Tax | 0.8 | 1.6 | 0.8
Financial expenses | 41.9 | 39.3 | 40.6
Financial income | -2.8 | -3.3 | -4.3
Depreciation | 110.1 | 114.5 | 114.5
Impairment (reversal)/losses on tangible assets | -114.0 | 3.2 | 3.6
EBITDA | 202.0 | 120.5 | 157.6


Question: What was the percentage change in EBITDA in 2019 from 2018?
Answer: 67.63
Calculation: (202.0-120.5)/120.5