hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
(1) No dividend is proposed by the Board of Directors related to the financial year 2019.
(2) Includes net sales to other segments.
The figures are derived from our consolidated financial
statements prepared in accordance with IFRS. Year-on-year
change is in parenthesis.
All Nokia Technologies IPR and Licensing net sales are allocated to Finland.
Table:
Financial highlights |  |  | 
For the year ended December 31, | 2019 | 2018 | 2017
Continuing operations | EURm | EURm | EURm
Net sales | 23,315 | 22,563 | 23,147
Gross profit | 8,326 | 8,446 | 9,139
Gross margin | 35.7% | 37.4% | 39.5%
Operating profit/(loss) | 485 | (59) | 16
Operating margin | 2.1% | (0.3)% | 0.1%
Profit/(loss) for the year | 18 | (549) | (1,437)
 | EUR | EUR | EUR
Earnings per share, diluted | 0.00 | (0.10) | (0.26)
Dividend per share(1) | 0.00 | 0.10 | 0.19
 | 2019 | 2018 | 2017
As of December 31 | EURm | EURm | EURm
Net cash and current financial investments | 1,730 | 3,053 | 4,517


Question: What is the proposed dividend for financial year 2019? 
Answer: 0.00
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data is not necessarily indicative of results of future operations, and should be read in conjunction with Item 7, “Management's Discussion and Analysis of Financial Condition and Results of Operations,” and the consolidated financial statements and related notes thereto included in Item 8 of this Form 10-K to fully understand factors that may affect the comparability of the information presented below.
The financial data for the fiscal years ended January 31, 2019 and 2018 are derived from, and are qualified by reference to, the audited consolidated financial statements that are included in this Form 10-K. The Consolidated Statements of Operations and the Consolidated Statements of Cash Flows data for the fiscal year ended January 31, 2017 are derived from, and are qualified by reference to, the audited consolidated financial statements that are included in this Form 10-K. The Consolidated Balance Sheet data for the fiscal year ended January 31, 2017 and the remaining financial data for the fiscal years ended January 31, 2016 and 2015 are derived from audited, consolidated financial statements which are not included in this Form 10-K.
(1) Reflects the impact of the adoption of new accounting standards in fiscal year 2019 related to revenue recognition. See Part II, Item 8, Note 1, Business and Summary of Significant Accounting Policies, Accounting Standards Adopted, of our consolidated financial statements for additional information.
Table:
 |  |  | Fiscal Year Ended January 31, |  | 
 | 2019 (1) | 2018 | 2017 | 2016 | 2015
 | (In millions, except per share data) |  |  |  | 
For the fiscal year: |  |  |  |  | 
Net revenue | $2,569.8 | $2,056.6 | $2,031.0 | $2,504.1 | $2,512.2
(Loss) income from operations | (25.0) | (509.1) | (499.6) | 1.3 | 120.7
Net (loss) income | (80.8) | (566.9) | (582.1) | (330.5) | 81.8
Cash flow from operations | $377.1 | $0.9 | $169.7 | $414.0 | $708.6
Common stock data: |  |  |  |  | 
Basic net (loss) income per share | $(0.37) | $(2.58) | $(2.61) | $(1.46) | $0.36
Diluted net (loss) income per share | $(0.37) | $(2.58) | $(2.61) | $(1.46) | $0.35
At year end: |  |  |  |  | 
Total assets | $4,729.2 | $4,113.6 | $4,798.1 | $5,515.3 | $4,909.7
Long-term liabilities | 2,638.9 | 2,246.4 | 1,879.1 | 2,304.7 | 1,290.4
Stockholders’ (deficit) equity | $(210.9) | $(256.0) | $733.6 | $1,619.6 | $2,219.2


Question: What is the net revenue for the fiscal year 2017?
Answer: $2,031.0
Information as to Teradyne’s revenues by country is as follows:
(1) Revenues attributable to a country are based on location of customer site.
In 2019 and 2018, no single direct customer accounted for more than 10% of Teradyne’s consolidated revenues. In 2017, revenues from Taiwan Semiconductor Manufacturing Company Ltd. accounted for 13% of its consolidated revenues. Taiwan Semiconductor Manufacturing Company Ltd. is a customer of Teradyne’s Semiconductor Test segment. Teradyne estimates consolidated revenues driven by Huawei Technologies Co.Ltd. (“Huawei”), combining direct sales to that customer with sales to the customer’s OSATs, accounted for approximately 11% and 4% of its consolidated revenues in 2019 and 2018, respectively. Teradyne estimates consolidated revenues driven by another OEM customer, combining direct sales to that customer with sales to the customer’s OSATs (which include Taiwan Semiconductor Manufacturing Company Ltd.), accounted for approximately 10%, 13% and 22% of its consolidated revenues in 2019, 2018 and 2017, respectively.
Table:
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Revenues from customers (1): |  |  | 
China | $514,327 | $348,942 | $260,451
Taiwan | 485,681 | 516,322 | 687,031
United States | 333,059 | 282,869 | 252,516
Korea | 239,504 | 163,224 | 206,819
Europe | 219,015 | 223,207 | 163,715
Japan | 175,322 | 158,281 | 169,093
Thailand | 87,503 | 59,184 | 29,566
Singapore | 84,111 | 108,618 | 101,085
Malaysia | 58,200 | 122,797 | 124,048
Philippines | 54,560 | 77,996 | 105,850
Rest of the World | 43,683 | 39,362 | 36,432
 | $2,294,965 | $2,100,802 | $2,136,606


Question: Which are the locations listed in the table?
Answer: China, Taiwan, United States, Korea, Europe, Japan, Thailand, Singapore, Malaysia, Philippines, Rest of the World
item 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 . the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. .

Table:
 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016
loews common stock | 100.0 | 108.91 | 129.64 | 113.59 | 104.47 | 128.19
s&p 500 index | 100.0 | 116.00 | 153.57 | 174.60 | 177.01 | 198.18
loews peer group ( a ) | 100.0 | 113.39 | 142.85 | 150.44 | 142.44 | 165.34
( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r .
berkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p .
( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd .
and the travelers companies , inc .
dividend information we have paid quarterly cash dividends in each year since 1967 .
regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .

Question: what was the growth rate of the s&p 500 index from 2011 to 2016
Answer: 98.2%
Calculation: subtract(198.18, 100.0), divide(#0, const_100)
Segment Product Revenue, Operating Income and Operating Income as a Percentage of Revenue
Infrastructure and Defense Products
IDP revenue increased $104.2 million, or 13.2%, in fiscal 2019, compared to fiscal 2018, primarily due to higher demand for our base station products.
IDP operating income increased $31.6 million, or 13.4%, in fiscal 2019, compared to fiscal 2018, primarily due to higher revenue, partially offset by lower gross margin (which was negatively impacted by lower factory utilization).
See Note 16 of the Notes to the Consolidated Financial Statements set forth in Part II, Item 8 of this report for a reconciliation of segment operating income to the consolidated operating income for fiscal years 2019, 2018 and 2017.
Table:
Fiscal Year |  | 
(In thousands, except percentages) | 2019 | 2018
Revenue | $892,665 | $788,495
Operating income | $267,304 | $235,719
Operating income as a % of revenue | 29.9% | 29.9%


Question: What are the respective operating income as a % of revenue in 2018 and 2019?
Answer: 29.9%, 29.9%
(a) Revenue and Gross Margin by Segment
We conduct business globally and are managed on a geographic basis consisting of three segments: the Americas, EMEA, and APJC. Our management makes financial decisions and allocates resources based on the information it receives from our internal management system. Sales are attributed to a segment based on the ordering location of the customer. We do not allocate research and development, sales and marketing, or general and administrative expenses to our segments in this internal management system because management does not include the information in our measurement of the performance of the operating segments. In addition, we do not allocate amortization and impairment of acquisition-related intangible assets, sharebased compensation expense, significant litigation settlements and other contingencies, charges related to asset impairments and restructurings, and certain other charges to the gross margin for each segment because management does not include this information in our measurement of the performance of the operating segments.
Summarized financial information by segment for fiscal 2019, 2018, and 2017, based on our internal management system and as utilized by our Chief Operating Decision Maker (CODM), is as follows (in millions):
Amounts may not sum and percentages may not recalculate due to rounding.
Revenue in the United States was $27.4 billion, $25.5 billion, and $25.0 billion for fiscal 2019, 2018, and 2017, respectively.
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Revenue: |  |  | 
Americas  . | $30,927 | $29,070 | $28,351
EMEA  . | 13,100 | 12,425 | 12,004
APJC . | 7,877 | 7,834 | 7,650
Total | $51,904 | $49,330 | $48,005
Gross margin: |  |  | 
Americas . | $20,338 | $18,792 | $18,284
EMEA  . | 8,457 | 7,945 | 7,855
APJC . | 4,683 | 4,726 | 4,741
Segment total . | 33,479 | 31,463 | 30,880
Unallocated corporate items . | (813) | (857) | (656)
Total | $32,666 | $30,606 | $30,224


Question: What was the change in the gross margin from APJC between 2017 and 2018?
Answer: -15
Calculation: 4,726-4,741
Stock Options
Additional information related to our stock options is summarized below (in millions):
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Intrinsic value of exercises | $ 31 | $ 37 | $ 26
Proceeds received from exercises | $ 25 | $ 88 | $ 60
Fair value of options vested | $ 2 | $ 8 | $ 15


Question: Which years does the table provide Additional information related to the company's stock options?
Answer: 2019, 2018, 2017
22. PENSIONS
Defined contribution scheme
We operate a defined contribution scheme. The pension cost for the period represents contributions payable by us to the scheme. The charge to net income for the years ended December 31, 2019, 2018 and 2017 was $2.4 million, $1.9 million and $1.7 million, respectively.
Defined benefit schemes
We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers. We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers.
We use December 31 as a measurement date for our pension plans.
The components of net periodic benefit costs are as follows:
The components of net periodic benefit costs are recognized in the income statement within administrative expenses and vessel operating expenses.
The estimated net loss for the defined benefit pension plans that will be amortized from accumulated other comprehensive income into net periodic pension benefit cost during the year ended December 31, 2019 is $0.8 million (2018: $1.4 million).
Table:
(in thousands of $) | 2019 | 2018 | 2017
Service cost | 162 | 250 | 313
Interest cost | 1,740 | 1,687 | 1,901
Expected return on plan assets | (375) | (926) | (843)
Recognized actuarial loss | 777 | 1,392 | 1,182
Net periodic benefit cost | 2,304 | 2,403 | 2,553


Question: What does plan assets comprise of?
Answer: Fixed income and equity funds managed by professional fund managers
Discontinued Operations
In December 2015, we completed the wind down of engineering, manufacturing and sales of our solar inverter product line (the "inverter business"). Accordingly, the results of our inverter business have been reflected as “Income (loss) from discontinued operations, net of income taxes” on our Consolidated Statements of Operations for all periods presented herein.
The effect of our sales of the remaining extended inverter warranties to our customers continues to be reflected in deferred revenue in our Consolidated Balance Sheets. Deferred revenue for extended inverter warranties and the associated costs of warranty service will be reflected in Sales and Cost of goods sold, respectively, from continuing operations in future periods in our Consolidated Statement of Operations, as the deferred revenue is earned and the associated services are rendered. Extended warranties related to the inverter product line are no longer offered.
In May 2019, we divested our grid-tied central solar inverter repair and service operation. In conjunction with the divesture, the initial product warranty for the previously sold grid-tied central solar inverters was transferred to the buyer. Accordingly, a gain of $8.6 million net of tax expense of $2.4 million was recognized in Other income (expense) and Provision (benefit) for income taxes, respectively, in our discontinued operations for the year December 31, 2019. Operating income from discontinued operations for the year ended December 31, 2019 and 2018, also includes the impacts of changes in our estimated product warranty liability, the recovery of accounts receivable and foreign exchange gain or (losses).
Income (loss) from discontinued operations, net of income taxes (in thousands):
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Sales | $  — | $  —
Cost of sales | (901) | (88)
Total operating expense | 1,022 | 96
Operating income (loss) from discontinued operations | (121) | (8)
Other income (expense) | 10,895 | (24)
Income (loss) from discontinued operations before income taxes | 10,774 | (32)
Provision (benefit) for income taxes | 2,294 | 6
Income (loss) from discontinued operations, net of income taxes | $ 8,480 | $  (38)


Question: What was the change in Provision (benefit) for income taxes between 2018 and 2019?
Answer: 2288
Calculation: 2,294-6
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
MARKET FOR COMMON STOCK
The Company’s common stock trades on NYSE American under the trading symbol “DIT”. As of October 31, 2019 the closing price of our common stock on NYSE American was $73.00 and there were 565,942 common shares outstanding. As of that date, the Company had approximately 521 persons holding common shares beneficially of which approximately 121 are shareholders of record (including direct participants in the Depository Trust Company). The following table reflects the range of the high and low closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2019 and 2018.
Table:
 | Fiscal 2018 |  | Fiscal 2019 | 
 | High | Low | High | Low
4th Quarter | $100.00 | $73.41 | $89.00 | $ 81.10
3rd Quarter | 100.00 | 88.27 | 98.35 | 81.30
2nd Quarter | 101.51 | 88.01 | 99.87 | 84.10
1st Quarter | 99.75 | 77.92 | 97.85 | 86.61


Question: What is the average high closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2019?
Answer: 100.31
Calculation: (100.00 + 100.00 + 101.51 + 99.75)/4
the following table provides the weighted average assumptions used in the black-scholes option-pricing model for grants and the resulting weighted average grant date fair value per share of stock options granted for the years ended december 31: .

Table:
 | 2018 | 2017 | 2016
intrinsic value | $ 9 | $ 10 | $ 18
exercise proceeds | 7 | 11 | 15
income tax benefit realized | 2 | 3 | 6
stock units during 2018 , 2017 and 2016 , the company granted rsus to certain employees under the 2007 plan and 2017 omnibus plan , as applicable .
rsus generally vest based on continued employment with the company over periods ranging from one to three years. .

Question: what was the lowest intrinsic value per share for the calculation in the table?
Answer: 9
Calculation: table_min(intrinsic value, none)
BUSINESS COMBINATION IN FISCAL 2019
Purchase of a fibre network and corresponding assets
On October 3, 2018, the Corporation's subsidiary, Atlantic Broadband, completed the acquisition of the south Florida fibre network previously owned by FiberLight, LLC. The transaction, combined with the dark fibers acquired from FiberLight in the second quarter of fiscal 2018, added 350 route miles to Atlantic Broadband’s existing south Florida footprint.
The acquisition was accounted for using the purchase method and was subject to post closing adjustments. The final allocation of the purchase price of this acquisition is as follows:
Table:
 | Final | Preliminary
 | August 31, 2019 | November 30, 2018
(In thousands of Canadian dollars) | $ | $
Purchase price |  | 
Consideration paid at closing | 38,876 | 38,876
Balance due on business combinations | 5,005 | 5,005
 | 43,881 | 43,881
Net assets acquired |  | 
Trade and other receivables | 1,308 | 1,743
Prepaid expenses and other | 335 | 335
Property, plant and equipment | 28,785 | 45,769
Intangible assets | 3,978 | —
Goodwill | 11,093 | —
Trade and other payables assumed | (644) | (644)
Contract liabilities and other liabilities assumed | (974) | (3,322)
 | 43,881 | 43,881


Question: Which company previously owned South Florida fibre network?
Answer: FiberLight, LLC
The Group’s associates are considered to be related parties.
As at 30 March 2019 the following are also considered to be related parties under the Listing Rules due to their shareholdings exceeding 10% of the Group’s total issued share capital:
− Nissin Foods Holdings Co., Ltd. (“Nissin”) is considered to be a related party to the Group by virtue of its 19.47% (2017/18: 19.57%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.− Oasis Management Company Ltd (“Oasis”) is considered to be a related party to the Group by virtue of its 11.99% (2017/18: 9.01%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.
− Paulson Investment Company LLC, (“Paulson”) is considered to be a related party to the Group by virtue of its 11.98% (2017/18: 7.39%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.
As at 30 March 2019 the Group had outstanding balances with Hovis. Total trade receivables was £0.9m (2017/18: £0.5m) and total trade payables was £0.6m (2017/18: £2.5m).
Table:
 | 52 weeks ended | 52 weeks ended
 | 30 Mar 2019 | 31 Mar 2018
 | £m | £m
Sale of goods: |  | 
– Hovis | 0.3 | 0.3
Sale of services: |  | 
– Hovis | 0.7 | 0.7
– Nissin | 0.2 | 0.1
Total sales | 1.2 | 1.1
Purchase of goods: |  | 
– Hovis | 6.3 | 11.9
– Nissin | 10.3 | 7.1
Total purchases | 16.6 | 19.0


Question: What was the hovis sale of goods in 2019?
Answer: 0.3
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
Additional information relating to the total assets of the Company’s operating segments is as follows for the years ended December 31,:
(1) Total assets in each of the Company’s property segments includes the Right-of-use asset recognized in connection with the Company’s adoption of the new lease accounting standard.
(2) Balances are translated at the applicable period end exchange rate, which may impact comparability between periods.
(3) Balances include corporate assets such as cash and cash equivalents, certain tangible and intangible assets and income tax accounts that have not been allocated to specific segments.
Table:
 | 2019 (1) | 2018 | 2017
U.S. property | $22,624.6 | $18,782.0 | $19,032.6
Asia property (2) | 5,307.8 | 4,938.8 | 4,770.8
Africa property (2) | 4,711.1 | 1,929.7 | 1,673.4
Europe property (2) | 1,535.3 | 1,438.1 | 1,540.2
Latin America property (2) | 8,125.5 | 5,594.7 | 5,868.4
Services | 26.8 | 46.3 | 42.3
Other (3) | 470.5 | 280.8 | 286.6
Total assets | $42,801.6 | $33,010.4 | $33,214.3


Question: What were the assets from Africa property in 2019?
Answer: 4,711.1
Profitability Measures
Net income:
The net income in the fiscal year ended February 28, 2018 was $16.6 million as compared to a net loss of $7.9 million in the same period last year. The increase is primarily the result of the $28.3 million non-operating gain from the legal settlement with a former supplier of LoJack, which was recognized during fiscal 2018. This gain was partially offset by higher tax expense in fiscal 2018 due to U.S. and foreign taxes on the $28.3 million legal settlement gain as well as the revaluation of our net deferred income tax assets that occurred in the fourth quarter of fiscal 2018 as we adopted the provisions of the Tax Cuts and Jobs Act which was enacted on December 22, 2017.
Adjusted EBITDA:
Adjusted EBITDA for Telematics Systems in the fiscal year ended February 28, 2018 increased $1.5 million compared to the same period last year due to higher MRM products revenue. Adjusted EBITDA for Software and Subscription Services increased $5.2 million compared to the same period last year due primarily to lower selling and marketing expenses and lower general and administrative expenses.
See Note 20 for a reconciliation of Adjusted EBITDA by reportable segments and a reconciliation to GAAP-basis net income (loss).
Table:
 | Fiscal years ended |  |  | 
 | February 28, |  |  | 
(In thousands) | 2018 | 2017 | $ Change | % Change
Segment |  |  |  | 
Telematics Systems | $48,943 | $47,432 | $1,511 | 3.2%
Software & Subscription Services | 8,233 | 3,075 | 5,158 | 167.7%
Satellite | - | 2,447 | (2,447) | (100.0%)
Corporate Expense | (4,794) | (3,586) | (1,208) | 33.7%
Total Adjusted EBITDA | $52,382 | $49,368 | $3,014 | 6.1%


Question: What was the average corporate expense for both years, 2017 and 2018?
Answer: -4190
Calculation: (-4,794-3,586)/(2018-2017+1)