hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Autodesk applies fair value accounting for certain financial assets and liabilities, which consist of cash equivalents, marketable securities, and other financial instruments, on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and (Level 3) unobservable inputs for which there is little or no market data, which require Autodesk to develop its own assumptions. When determining fair value, Autodesk uses observable market data and relies on unobservable inputs only when observable market data is not available. Autodesk reviews for any potential changes on a quarterly basis, in conjunction with our fiscal quarter-end close.
Autodesk's cash equivalents, marketable securities, and financial instruments are primarily classified within Level 1 or Level 2 of the fair value hierarchy. Autodesk values its securities on pricing from pricing vendors, who may use quoted prices in active markets for identical assets (Level 1) or inputs other than quoted prices that are observable either directly or indirectly in determining fair value (Level 2). Autodesk's Level 2 securities are valued primarily using observable inputs other than quoted prices in active markets for identical assets and liabilities. Autodesk's Level 3 securities consist of investments held in convertible debt securities, and derivative contracts.
A reconciliation of the change in Autodesk’s Level 3 items for the fiscal year ended January 31, 2019 was as follows:
(1) Included in “Interest and other expense, net” in the accompanying Consolidated Statements of Operations.
Table:
 |  | Fair Value Fair Value Measurements Using Significant Unobservable Inputs (Level 3) | 
 | Derivative Contracts | Convertible Debt Securities | Total
Balances, January 31, 2018 | $1.0 | $7.8 | $8.8
Settlements | — | (3.5) | (3.5)
(Losses) Gains included in earnings (1) | (0.2) | 0.5 | 0.3
Losses included in OCI | — | (0.4) | (0.4)
Balances, January 31, 2019 | $0.8 | $4.4 | $5.2


Question: How much does the convertible debt securities portion account for the total of change included in earnings?
Answer: 166.67
Calculation: 0.5/0.3
19. Net Income per Share
The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):
Employee equity share options, unvested shares, and similar equity instruments granted and assumed by Cisco are treated as potential common shares outstanding in computing diluted earnings per share. Diluted shares outstanding include the dilutive effect of in-the-money options, unvested restricted stock, and restricted stock units. The dilutive effect of such equity awards is calculated based on the average share price for each fiscal period using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising stock options and the amount of compensation cost for future service that has not yet recognized are collectively assumed to be used to repurchase shares.
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Net income . | $11,621 | $110 | $9,609
Weighted-average shares—basic | 4,419 | 4,837 | 5,010
Effect of dilutive potential common shares | 34 | 44 | 39
Weighted-average shares—diluted . | 4,453 | 4,881 | 5,049
Net income per share—basic . | $2.63 | $0.02 | $1.92
Net income per share—diluted | $2.61 | $0.02 | $1.90
Antidilutive employee share-based awards, excluded | 55 | 61 | 136


Question: What does diluted shares outstanding include?
Answer: the dilutive effect of in-the-money options, unvested restricted stock, and restricted stock units.
Operating Income and Operating Margin
Operating income for fiscal 2019 increased $406 million, or 7%, over fiscal 2018.
Operating income and operating margin for each of the operating groups were as follows:
Amounts in table may not total due to rounding.
(1) Effective September 1, 2018, we adopted FASB ASU No. 2017-07, Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. Certain components of pension service costs were reclassified from Operating expenses to Non-operating expenses. Prior period amounts have been revised to conform with the current period presentation.
Table:
 |  | Fiscal |  |  | 
 | 2019 |  | 2018 (1) |  | 
 | Operating Income | Operating Margin | Operating Income | Operating Margin | Increase (Decrease)
 |  |  | (in millions of U.S. dollars) |  | 
Communications, Media & Technology | $1,555 | 18% | $1,380 | 17% | $175
Financial Services | 1,238 | 15 | 1,365 | 16 | (128)
Health & Public Service | 739 | 10 | 766 | 11 | (27)
Products | 1,720 | 14 | 1,664 | 15 | 56
Resources | 1,053 | 16 | 724 | 12 | 330
TOTAL | $6,305 | 14.6% | $5,899 | 14.4% | $406


Question: What is the total operating margin from financial services and products in 2019?
Answer: 29
Calculation: 15% + 14%
NOTE 9 – FINANCIAL ITEMS
¹⁾ Interest for financial assets and liabilities not at fair value through profit and loss.
Table:
USDm | 2019 | 2018 | 2017
Financial income |  |  | 
Interest income from cash and cash equivalents, including restricted cash ¹⁾ | 2.5 | 2.7 | 1.6
Exchange rate adjustments, including gain from forward exchange rate contracts | 0.3 | 0.6 | 2.7
Total | 2.8 | 3.3 | 4.3
Financial expenses |  |  | 
Interest expenses on mortgage and bank debt ¹⁾ | 39.3 | 35.7 | 33.3
Exchange rate adjustments, including loss from forward exchange rate contracts | 0.2 | 0.1 | 3.2
Commitment fee | 1.9 | 2.6 | 2.4
Other financial expenses | 0.5 | 0.9 | 1.7
Total | 41.9 | 39.3 | 40.6
Total financial items | -39.1 | -36.0 | -36.3


Question: What was the change in total financial expenses in 2019 from 2018?
Answer: 2.6
Calculation: 41.9-39.3
The service cost component of net pension expense represents the estimated cost of future pension liabilities earned associated with active employees. The pension earnings, interest and deferrals (“pension EID”) is comprised of the expected return on plan assets, interest costs on the projected benefit obligations of the plans and amortization of actuarial gains and losses and prior service costs.
Net pension expense is recorded in accounts that are included in both the cost of sales and selling, general and administrative expenses based on the function of the associated employees and in other income (expense), net. The following is a summary of the classification of net pension expense for the years ended June 30, 2019, 2018 and 2017:
As of June 30, 2019 and 2018, amounts capitalized in gross inventory were $1.7 million and $1.7 million, respectively.
Table:
 |  | Years Ended June 30, | 
($ in millions) | 2019 | 2018 | 2017
Cost of sales |  |  | 
Service cost | $10.0 | $10.5 | $20.2
Total cost of sales | 10.0 | 10.5 | 20.2
Selling, general and administrative expenses |  |  | 
Service cost | 1.5 | 1.6 | 3.9
Total selling, general and administrative expenses | 1.5 | 1.6 | 3.9
Other expense |  |  | 
Pension earnings, interest and deferrals | 0.1 | 2.1 | 23.8
Curtailment charge | — | — | 0.5
Total other expense | 0.1 | 2.1 | 24.3
Net pension expense | $11.6 | $14.2 | $48.4


Question: What was the percentage change in Total selling, general and administrative expenses in 2019 from 2018?
Answer: -6.25
Calculation: (1.5-1.6)/1.6
Note 18 Other non-current assets
(1) These amounts have been pledged as security related to obligations for certain employee benefits and are not available for general use.
Table:
FOR THE YEAR ENDED DECEMBER 31 | NOTE | 2019 | 2018
Net assets of post-employment benefit plans | 24 | 558 | 331
Long-term notes and other receivables |  | 142 | 89
Derivative assets | 26 | 200 | 68
Publicly-traded and privately-held investments | 26 | 129 | 110
Investments (1) |  | 128 | 114
Other |  | 117 | 135
Total other non-current assets |  | 1,274 | 847


Question: What is the amount of Investments in 2019?
Answer: 128
equity compensation plan information the following table presents the equity securities available for issuance under our equity compensation plans as of december 31 , 2012 . equity compensation plan information plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights ( 2 ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( a ) ( b ) ( c ) equity compensation plans approved by security holders 3946111 $ 34.67 3608527 equity compensation plans not approved by security holders ( 3 ) 2014 2014 2014 .

Table:
plan category | number of securities to be issued upon exercise of outstanding options warrants and rights ( 1 ) ( a ) ( b ) | weighted-average exercise price of outstanding optionswarrants and rights ( 2 ) | number of securities remaining available for future issuance under equity compensation plans ( excluding securitiesreflected in column ( a ) ) ( c )
equity compensation plans approved by security holders | 3946111 | $ 34.67 | 3608527
equity compensation plans not approved by security holders ( 3 ) | 2014 | 2014 | 2014
total | 3946111 | $ 34.67 | 3608527
( 1 ) includes grants made under the huntington ingalls industries , inc .
2012 long-term incentive stock plan ( the "2012 plan" ) , which was approved by our stockholders on may 2 , 2012 , and the huntington ingalls industries , inc .
2011 long-term incentive stock plan ( the "2011 plan" ) , which was approved by the sole stockholder of hii prior to its spin-off from northrop grumman corporation .
of these shares , 1166492 were subject to stock options , 2060138 were subject to outstanding restricted performance stock rights , 641556 were restricted stock rights , and 63033 were stock rights granted under the 2011 plan .
in addition , this number includes 9129 stock rights and 5763 restricted performance stock rights granted under the 2012 plan , assuming target performance achievement .
( 2 ) this is the weighted average exercise price of the 1166492 outstanding stock options only .
( 3 ) there are no awards made under plans not approved by security holders .
item 13 .
certain relationships and related transactions , and director independence information as to certain relationships and related transactions and director independence will be incorporated herein by reference to the proxy statement for our 2013 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year .
item 14 .
principal accountant fees and services information as to principal accountant fees and services will be incorporated herein by reference to the proxy statement for our 2013 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year. .

Question: what is the total equity compensation plans approved by security holders
Answer: 7554638
Calculation: add(3946111, 3608527)
Interest in associates
*Included within share of profit from associates is $1,917,000 representing NSR’s share of fair value gains related to investment properties held by joint ventures and associates (30 June 2018: $1,383,000).
The Group owns 24.9% (2018: 24.9%) of the Australia Prime Storage Fund (“APSF”). APSF is a partnership with Universal Self Storage to facilitate the development and ownership of multiple premium grade selfstorage centres in select cities around Australia.
During the year ended 30 June 2019, National Storage (Operations) Pty Ltd earned fees of $0.8m from APSF associated with the design, development, financing of the construction process, and ongoing management of centres (see note 17) (30 June 2018: $0.7m).
As at 30 June 2019, APSF had two operating centres in Queensland, Australia, with a third asset under construction in Victoria, Australia.
Following the financial year end, on 26 July 2019, the Group purchased two storage centre investment properties from APSF for $42.6m, and reached an agreement to purchase a third asset for $21.35m on completion of construction (see note 23). During the year ended 30 June 2018, the Group purchased a storage centre investment property asset in Queensland, Australia from APSF for $14m.
As at 30 June 2019, APSF had contractual commitments of $2.8m in place for the construction of one storage centre in Victoria, Australia. Neither associate had any contingent liabilities or any other capital commitments at 30 June 2019 or 30 June 2018. As at 30 June 2019, APSF had contractual commitments of $2.8m in place for the construction of one storage centre in Victoria, Australia. Neither associate had any contingent liabilities or any other capital commitments at 30 June 2019 or 30 June 2018.
The Group holds a 24% (30 June 2018: 24.8%) holding in Spacer Marketplaces Pty Ltd (“Spacer”). Spacer operate online peer-to-peer marketplaces for self-storage and parking.
Table:
 | 2019 | 2018
 | $'000 | $'000
Opening balance at 1 July | 10,693 | 8,611
Capital contribution / acquisition of shareholding in associates | - | 2,048
Share of profit from associates* | 1,695 | 1,282
Distributions from associate | - | (1,248)
Closing balance at 30 June | 12,388 | 10,693


Question: What percentage does the Group own of the Australian Prime Storage Fund in 2018?
Answer: 24.9%
Item 14. Principal Accounting Fees and Services
The following table sets forth the fees for services provided and reasonably expected to be billed by Malone Bailey LLP. The following is a summary of the fees billed to the Company for professional services rendered for the fiscal years ended December 31, 2019 and 2018.
Audit Fees: For the fiscal years ended December 31, 2019 and 2018, the aggregate audit fees billed by our independent auditors were for professional services rendered for
audits and quarterly reviews of our consolidated financial statements, and assistance with reviews of registration statements and documents filed with the SEC.
Audit-Related Fees: Audit-related fees are for assurance and other activities not explicitly related to the audit of our financial statements.
Tax Fees: For the fiscal years ended December 31, 2019 and 2018, there were no tax fees, respectively.
All Other Fees: For the fiscal years ended December 31, 2019 and 2018, there were $0 and $0, respectively.
Audit Committee Pre-Approval Policies and Procedures. The Audit Committee oversees and monitors our financial reporting process and internal control system, reviews and
evaluates the audit performed by our registered independent public accountants and reports to the Board any substantive issues found during the audit. The Audit Committee
is directly responsible for the appointment, compensation and oversight of the work of our registered independent public accountants. The Audit Committee convenes on a
quarterly basis to approve each quarterly filing, and an annual basis to review the engagement of the Company’s external auditor.
The Audit Committee has considered whether the provision of Audit-Related Fees, Tax Fees, and all other fees as described above is compatible with maintaining
Marcum LLP’s and Malone Bailey LLP’s independence and has determined that such services for fiscal years 2019 and 2018, respectively, were compatible. All such services
were approved by the Audit Committee pursuant to Rule 2-01 of Regulation S-X under the Exchange Act to the extent that rule was applicable.
Table:
 | Fiscal Year | Fiscal Year
 | 2019 | 2018
Audit fees | $55,000 | $54,550
Audit-related fees | $- | $-
Tax Fees | $- | $-
All other fees | - | $-
Total | 55,000 | $54,550


Question: What is the change in audit fees between 2018 and 2019?
Answer: 450
Calculation: 55,000 - 54,550
Cash Flow
Cash flow from operating activities was up by €1.0 billion mainly driven by working capital improvement in 2019 compared to the prior year which was impacted by the disposal of spreads. Gross margin improvement had a favourable contribution a result of strong delivery from 5-S savings programmes. Overheads and brand and marketing efficiencies also had a favourable contribution as a result of our zero-based-budgeting programme.
(a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.
* Certain measures used in our reporting are not defined under IFRS. For further
information about these measures, please refer to the commentary on non-GAAP
measures on pages 27 to 32.
Net cash outflow as a result of investing activities was €2.2 billion compared to an inflow of €4.6 billion in the prior year which included €7.1 billion from the disposal of spreads business.
Net outflow from financing activities was €4.7 billion compared to €12.1
billion in the prior year. 2018 included €6.0 billion relating to repurchase of
shares. In 2019 borrowings net of repayments was €1.4 billion higher than
the prior year.
Table:
 | € million | € million
 | 2019 | 2018
 |  | (Restated)(a)
Operating profit | 8,708 | 12,639
Depreciation, amortisation and impairment | 1,982 | 2,216
Changes in working capital | (9) | (793)
Pensions and similar obligations less Payments | (260) | (128)
Provision less payments | 7 | 55
Elimination of (profits)/losses on disposals | 60 | (4,313)
Non-cash charge for share-based compensation | 151 | 196
Other adjustments | 2 | (260)
Cash flow from operating activities | 10,641 | 9,612
Income tax paid | (2,532) | (2,294)
Net capital expenditure | (1,429) | (1,424)
Net interest and preference dividends paid | (548) | (461)
Free cash flow* | 6,132 | 5,433
Net cash flow (used in)/from investing activities | (2,237) | 4,644
Net cash flow (used in)/from financing activities | (4,667) | (12,113)


Question: What is the change in the operating profit? 
Answer: -3931
Calculation: 8,708 - 12,639
2 Alternative performance measures continued
Return on capital employed (ROCE)
ROCE measures effective management of fixed assets and working capital relative to the profitability of the business. It is calculated as adjusted operating profit divided by average capital employed. More information on ROCE can be found in the Capital Employed and ROCE sections of the Financial Review on page 57.
An analysis of the components is as follows:
Table:
 | 2019 | 2018
 | £m | £m
Property, plant and equipment | 251.2 | 230.8
Right-of-use assets (IFRS 16) | 40.8 | –
Prepayments | 0.9 | 6.2
Inventories | 185.9 | 160.6
Trade receivables | 240.7 | 245.1
Other current assets | 35.3 | 32.9
Tax recoverable | 8.4 | 4.6
Trade, other payables and current provisions | (178.3) | (172.0)
Current tax payable | (26.7) | (23.7)
Capital employed | 558.2 | 484.5
Average capital employed | 521.4 | 482.2
Average capital employed (excluding IFRS 16) | 501.0 | 482.2
Operating profit | 245.0 | 299.1
Adjustments (see adjusted operating profit on page 160) | 37.7 | (34.2)
Adjusted operating profit | 282.7 | 264.9
Adjusted operating profit (excluding IFRS 16) | 281.4 | 264.9
Return on capital employed | 54.2% | 54.9%
Return on capital employed (excluding IFRS 16) | 56.2% | 54.9%


Question: In which year was the amount of other current assets larger?
Answer: 2019
Calculation: 35.3>32.9
Operating Leases and Other Contractual Commitments
VMware leases office facilities and equipment under various operating arrangements. VMware’s minimum future lease commitments and other contractual commitments at January 31, 2020 were as follows (table in millions):
(1) Amounts in the table above exclude legally binding minimum lease payments for leases signed but not yet commenced of $361 million, as well as expected sublease income.
The amount of the future lease commitments after fiscal 2025 is primarily for the ground leases on VMware’s Palo Alto, California headquarter facilities, which expire in fiscal 2047. As several of VMware’s operating leases are payable in foreign currencies, the operating lease payments may fluctuate in response to changes in the exchange rate between the U.S. dollar and the foreign currencies in which the commitments are payable.
Table:
 | Future Lease Commitments(1) | Purchase Obligations | Asset Retirement Obligations | Total
2021 | $144 | $168 | $1 | $313
2022 | 141 | 74 | 3 | 218
2023 | 127 | 13 | 2 | 142
2024 | 101 | — | — | 101
2025 | 77 | — | 2 | 79
Thereafter | 612 | — | 5 | 617
Total | $1,202 | $255 | $13 | $1,470


Question: What does the amount for future lease commitments exclude?
Answer: legally binding minimum lease payments for leases signed but not yet commenced of $361 million, as well as expected sublease income.
A tax credit of £8.9m in the year compared to a £13.7m charge in the prior year. This included a deferred tax credit in the current year of £6.1m, largely reflecting the loss before tax reported of £42.7m and a credit of £1.7m relating to the adjustment of prior period losses and capital allowances. A current year tax credit of £1.1m was in respect of overseas tax.
A deferred tax liability at 30 March 2019 of £13.5m compared to a liability of £12.1m at 31 March 2018. This movement is primarily due to a slightly higher pensions surplus reported at 30 March 2019 compared to 31 March 2018 reflecting the allowability for tax on pensions contribution payments. Recognised and unrecognised deferred tax assets relating to brought forward losses were approximately £44m at 30 March 2019 and equate to around £250m of future taxable profits.
The corporation tax rate and deferred tax rate applied in calculations are 19.0% and 17.0% respectively.
Table:
£m | 2018/19 | 2017/18 | Change
Overseas current tax |  |  | 
Current year | 1.1 | 0.8 | 0.3
Deferred tax |  |  | 
Current period | 6.1 | (4.1) | 10.2
Prior periods | 1.7 | (8.1) | 9.8
– Adjustment to restate opening deferred tax at 17.0% | – | (2.3) | 2.3
Income tax credit/ (charge) | 8.9 | (13.7) | 22.6


Question: What was the deferred tax liability at 30 March 2019?
Answer: £13.5m
Long-term state receivables include receivables related to funding and receivables related to tax refund. Funding are mainly public grants to be received from governmental agencies in Italy and France as part of longterm research and development, industrialization and capital investment projects. Long-term receivables related to tax refund correspond to tax benefits claimed by the Company in certain of its local tax jurisdictions, for which collection is expected beyond one year.
In 2019 and 2018, the Company entered into a factoring transaction to accelerate the realization in cash of some non-current assets. As at December 31, 2019, $131 million of the non-current assets were sold without recourse, compared to $122 million as at December 31, 2018, with a financial cost of less than $1 million for both periods.
Other non-current assets consisted of the following:
Table:
 | December 31, 2019 | December 31, 2018
Equity securities | 23 | 19
Long-term state receivables | 358 | 391
Deposits and other non-current assets | 56 | 42
Total | 437 | 452


Question: How many non-current assets were sold without recourse as of December 31, 2019?
Answer: $131 million