hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The actual return on plan assets amounted to €125 million in the reporting period (2017/ 18: €45 million).
For financial year 2019/20, the company expects employer payments to external pension providers totalling approximately €18 million and employee contributions of €9 million in plan assets, with contributions in the Netherlands, Belgium and Germany accounting for the major share of this total. Expected contributions from payment contribution commitments in Germany are not included in expected payments.
The fair value of plan assets developed as follows:
At one Dutch company, plan assets exceeded the value of commitments as of the closing date. Since the company cannot draw any economic benefits from this overfunding, the balance sheet amount was reduced to €0 in line with IAS 19.64 (b).
Table:
€ million | 2017/2018 | 2018/2019
Change in plan assets |  | 
Fair value of plan assets as of beginning of period | 905 | 940
Recognised under | 21 | 23
Interest income | 21 | 23
Recognised outside of profit or loss under ‘remeasurement of defined benefit pension plans’ in other comprehensive income | 24 | 102
Gains/losses from plan assets excl. interest income (+/−) | 24 | 102
Other effects | −10 | 0
Benefit payments (incl. tax payments) | −34 | −27
Settlement payments | −6 | 0
Employer contributions | 35 | 18
Contributions from plan participants | 11 | 9
Change in consolidation group / transfers | 0 | 0
Reclassification in accordance with IFRS5 | −16 | 0
Currency effects | 0 | 1
Fair value of plan assets as of end of period | 940 | 1,066


Question: How much did the actual return on plan assets amount to in FY2019?
Answer: €125 million
19 Trade and other payables
Contract liabilities relate to advance payments received from customers which have not yet been recognised as revenue. £8.3m of the contract liabilities at 31st December 2018 was recognised as revenue during 2019 (2018: £3.0m).
Table:
 | 2019 | 2018
 | £m | £m
Trade payables | 57.9 | 57.4
Contract liabilities | 8.7 | 8.9
Social security | 5.6 | 5.1
Other payables | 37.8 | 37.6
Accruals | 64.8 | 58.0
Total trade and other payables | 174.8 | 167.0


Question: What do contract liabilities relate to?
Answer: advance payments received from customers which have not yet been recognised as revenue
Stock-Based Compensation Expense
Stock-based compensation expense is included in the consolidated statements of operations as follows (in millions):
As of April 26, 2019, total unrecognized compensation expense related to our equity awards was $285 million, which is expected to be recognized on a straight-line basis over a weighted-average remaining service period of 2.1 years.
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Cost of product revenues | $ 4 | $ 3 | $ 4
Cost of hardware maintenance and other services revenues | 10 | 10 | 13
Sales and marketing | 67 | 68 | 84
Research and development | 48 | 49 | 59
General and administrative | 29 | 31 | 35
Total stock-based compensation expense | $ 158 | $ 161 | $ 195
Income tax benefit for stock-based compensation | $ 15 | $ 29 | $ 41


Question: What would be the total unrecognized compensation expense related to the company's equity awards?
Answer: $285 million
21. Supplemental Data
The following are additional required disclosures and other material items:
Table:
 |  | Years Ended June 30, | 
($ in millions) | 2019 | 2018 | 2017
Cost Data: |  |  | 
Repairs and maintenance costs | $120.4 | $108.0 | $99.1
Cash Flow Data: |  |  | 
Noncash investing and financing activities: |  |  | 
Noncash purchases of property, plant, equipment and software | $16.1 | $16.5 | $13.7
Cash paid (received) during the year for: |  |  | 
Interest payments, net | $27.6 | $29.5 | $27.7
Income tax payments (refunds), net | $27.5 | $33.7 | $(33.3)


Question: What was the  Noncash purchases of property, plant, equipment and software costs in 2018?
Answer: $16.5
Capital expenditures
For 2019, capital expenditure was SEK 5.1 (4.0) billion, representing 2.3% of sales. Expenditures are largely related to test sites and equipment for R&D, network operation centers and manufacturing and repair operations.
The increase in 2019 was mainly due to investments in 5G test equipment.
Annual capital expenditures are normally around 2% of sales. This corresponds to the needs for keeping and maintaining the current capacity level. The Board of Directors reviews the Company’s investment plans and proposals.
As of December 31, 2019, no material land, buildings, machinery or equipment were pledged as collateral for outstanding indebtedness.
Table:
Capital expenditures 2017–2019 |  |  | 
SEK billion | 2019 | 2018 | 2017
Capital expenditures | 5.1 | 4.0 | 3.9
Of which in Sweden | 2.0 | 1.3 | 1.5
Share of annual sales | 2.3% | 1.9% | 1.9%


Question: Which year has a higher capital expenditures?
Answer: 2019
Calculation: 5.1>4.0> 3.9
(15) CONTRACT BALANCES
Contract balances at December 31 are set forth in the following table:
The change in our net contract assets/(liabilities) from December 31, 2018 to December 31, 2019 was due primarily to the timing of payments and invoicing relating to SaaS and PCS renewals, partially offset by revenues recognized in the year ended December 31, 2019 of $674.2, related to our contract liability balances at December 31, 2018. In addition, the impact of the 2019 business acquisitions increased net contract liabilities by $96.2.
In order to determine revenues recognized in the period from contract liabilities, we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance.
Impairment losses recognized on our accounts receivable and unbilled receivables were immaterial in the year ended December 31, 2019.
(1) Consists of “Deferred revenue,” and billings in-excess of revenues (“BIE”). BIE are reported in “Other accrued liabilities” in our Consolidated Balance Sheets.
Table:
Balance Sheet Account | 2019 | 2018 | Change
Unbilled receivables | $  183.5 | $  169.4 | $    14.1
Contract liabilities - current(1) | (840.8) | (714.1) | (126.7)
Deferred revenue - non-current | (33.2) | (29.8) | (3.4)
Net contract assets/(liabilities) | $ (690.5) | $ (574.5) | $ (116.0)


Question: What were immaterial on the Company’s accounts receivable and unbilled receivables? 
Answer: Impairment losses
The following table provides a reconciliation of Adjusted SG&A to SG&A expenses, the most directly comparable financial measure presented in accordance with U.S. GAAP:
(a) Represents depreciation and amortization expense included in SG&A.
(b) Represents non-cash share-based compensation expense included in SG&A.
(c) Represents new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements. The expense enhances the overall marketing spend to support our growing distribution network.
(d) Represents fees associated with secondary public offerings of our common stock.
(e) Represents charges associated with our former Chief Executive Officer’s separation agreement, as well as changes in estimates associated with leadership transition costs
(f) Represents fees associated with two securities lawsuits.
Table:
 | Twelve Months Ended December 31, |  |  |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 | (Dollars in thousands) |  |  |  | 
SG&A expenses | $114,450 | $94,876 | $75,167 | $62,586 | $58,297
Depreciation and amortization expense (a) | 9,551 | 7,977 | 6,901 | 5,859 | 5,008
Non-cash share-based compensation (b) | 6,912 | 5,949 | 4,195 | 3,972 | 3,723
Launch expense (c) | 4,563 | 3,540 | 3,066 | 2,813 | 2,626
Loss on disposal of equipment | 649 | — | — | — | —
Secondary offering expenses (d) | 302 | 362 | — | — | 593
Leadership transition expenses (e) | — | — | 63 | 1,291 | —
Litigation expense (f) | — | 348 | 145 | — | —
Adjusted SG&A Expenses | $92,473 | $76,698 | $60,797 | $48,651 | $46,347
Adjusted SG&A Expenses as a % of Net Sales | 37.6% | 39.7% | 39.9% | 37.5% | 40.8%


Question: What does launch expense represent?
Answer: new store marketing allowance of $1,000 for each store added to our distribution network, as well as the non-capitalized freight costs associated with Freshpet Fridge replacements
Key Operating Metrics and Non-GAAP Financial Measures
We collect and analyze operating and financial data to evaluate the health of our business, allocate our

resources, and assess our performance. In addition to revenue, net loss, and other results under  generally accepted accounting principles (GAAP), the following table sets forth key operating metrics and non-GAAP financial measures we use to evaluate our business. We believe these metrics and measures are useful to facilitate period-to-period comparisons of our business, and to facilitate comparisons of our performance to that of other payment processors. Each of these metrics and measures excludes the effect of our processing agreement with Starbucks which transitioned to another payments solutions provider in the fourth quarter of 2016. As we do not expect transactions with Starbucks to recur, we believe it is useful to exclude Starbucks activity to clearly show the impact Starbucks has had on our financial results historically. Our agreements with other sellers generally provide both those sellers and us the unilateral right to terminate such agreements at any time, without fine or

penalty.
Gross Payment Volume (GPV)
We define GPV as the total dollar amount of all card payments processed by sellers using Square, net of refunds. Additionally, GPV includes Cash App activity related to peer-to-peer payments sent from a credit card and Cash for Business. As described above, GPV excludes card payments processed for Starbucks
Adjusted Revenue
Adjusted Revenue is a non-GAAP financial measure that we define as our total net revenue less transaction-based costs and bitcoin costs, and we add back the impact of the acquired deferred revenue adjustment, which was written down to fair value in purchase. This measure is also adjusted to eliminate the effect of activity with Starbucks, which ceased using our payments solutions altogether in the fourth quarter of 2016, and we believe that providing Adjusted Revenue metrics that exclude the impact of our agreement with Starbucks is useful to investors.
Table:
 |  |  | Year Ended December 31, |  | 
 | 2018 | 2017 | 2016 | 2015 | 2014
 |  |  | (in thousands, except for GPV and per share data) |  | 
Gross Payment Volume (GPV)(in millions) | $84,654 | $65,343 | $49,683 | $35,643 | $23,780
Adjusted Revenue | $1,587,641 | $983,963 | $686,618 | $452,168 | $276,310
Adjusted EBITDA | $256,523 | $139,009 | $44,887 | $(41,115) | $(67,741)
Adjusted Net Income (Loss) Per Share: |  |  |  |  | 
Basic | $0.55 | $0.30 | $0.04 | $(0.39) | $(0.62)
Diluted | $0.47 | $0.27 | $0.04 | $(0.39) | $(0.62)


Question: What is the definition of GPV?
Answer: total dollar amount of all card payments processed by sellers using Square, net of refunds
Stock-Based Compensation
The Company accounts for options granted to employees by measuring the cost of services received in exchange for the award of equity instruments based upon the fair value of the award on the date of grant. The fair value of that award is then ratably recognized as an expense over the period during which the recipient is required to provide services in exchange for that award.
Options and warrants granted to consultants and other non-employees are recorded at fair value as of the grant date and subsequently adjusted to fair value at the end of each reporting period until such options and warrants vest, and the fair value of such instruments, as adjusted, is expensed over the related vesting period.
The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. The fair value of the award is measured on the grant date and recognized over the period services are required to be provided in exchange for the award, usually the vesting period. Forfeitures of unvested stock options are recorded when they occur.
The Company incurred stock-based compensation charges of $3.5 million and $1.5 million for each of the years ended December 31, 2019 and 2018, respectively, which are included in general and administrative expenses. The following table summarizes the nature of such charges for the periods then ended (in thousands):
Table:
 | For the Years Ended December 31, | 
 | 2019 | 2018
Compensation and related benefits | $3,247 | $949
Professional and legal fees | 242 | 545
Totals  | 3,489 | $1,494


Question: What was the Compensation and related benefits in 2019 and 2018 respectively?
Answer: $3,247, $949
3. REVENUE FROM CONTRACTS WITH CUSTOMERS
Revenues and related costs on construction contracts are recognized as the performance obligations are satisfied over time in accordance with ASC 606, Revenue from Contracts with Customers. Under ASC 606, revenue and associated profit, will be recognized as the customer obtains control of the goods and services promised in the contract (i.e., performance obligations). The cost of uninstalled materials or equipment will generally be excluded from the Company’s recognition of profit, unless specifically produced or manufactured for a project, because such costs are not considered to be a measure of progress.
The following table represents a disaggregation of revenue by customer type from contracts with customers for the years ended December 31, 2019 and 2018:
Table:
 | Year Ended December 31, | 
 | 2019 | 2018
Agricultural, Commercial, and Industrial (ACI) | $28,940 | $33,193
Public Works | 12,128 | 17,986
Residential | 18,762 | 19,786
Total | 59,830 | 70,965


Question: In which year is the revenue from Agricultural, Commercial, and Industrial (ACI) higher?
Answer: 2018
Calculation: Find the year with the higher revenue from Agricultural, Commercial, and Industrial (ACI)
Disaggregation of Revenue
The following table presents the Company's revenue disaggregated by major product category (amounts in thousands):
Software and hardware revenue is generated from on premise software license sales, as well as sales of hardware scanner boxes and on premise appliance products. Service and other revenue is generated from the sale of transactional SaaS products and services, maintenance associated with the sale of software and hardware, and consulting and professional services.
Table:
 |  | Twelve Months Ended September 30, | 
 | 2019 | 2018 | 2017
Major product category |  |  | 
Deposits software and hardware | $41,860 | $33,071 | $25,407
Deposits service and other | 15,170 | 8,437 | 6,963
Deposits revenue | 57,030 | 41,508 | 32,370
Identity verification software and hardware | 4,985 | 7,627 | 4,240
Identity verification service and other | 22,575 | 14,424 | 8,780
Identity verification revenue | 27,560 | 22,051 | 13,020
Total revenue | $84,590 | $63,559 | $45,390


Question: What is the value of Deposits software and hardware in fiscal 2019?
Answer: $41,860
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The Company’s effective tax rate differs from the U.S. federal statutory rate of 35% for the year ended December 31, 2017, primarily due to the benefit related to the wind down of our solar inverter business and earnings in foreign jurisdictions, which are subject to lower tax rates, offset by the impact of U.S. tax reform. The principal causes of the difference between the federal statutory rate and the effective income tax rate for each the years below are as follows:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Income taxes per federal statutory rate | $14,111 | $36,199 | $69,348
State income taxes, net of federal deduction | 10 | 2,372 | 1,794
Transition tax - U.S. Tax Reform | — | 1,174 | 61,690
Corporate tax rate changes - U.S. Tax Reform | — | (652) | 11,177
Tax benefit associated with inverter business wind down | — | — | (33,837)
Stock based compensation | (97) | (974) | (5,263)
GILTI Tax | 8,796 | 13,064 | —
Tax effect of foreign operations | (13,086) | (19,162) | (47,482)
Uncertain tax position | (4,487) | (3,088) | 4,948
Unremitted earnings | 1,624 | 2,564 | —
Tax credits | (6,280) | (9,844) | (658)
Change in valuation allowance | 7,222 | (1,306) | 841
Withholding taxes | 6,500 | 1,371 | —
Other permanent items, net | (3,614) | 3,509 | (468)
Total provision for income taxes | $10,699 | $25,227 | $62,090


Question: What was the Income taxes per federal statutory rate in 2018?
Answer: $36,199
Basic and Diluted Net Income Per Share
Basic net income per share is computed using net income divided by the weighted average number of shares of common stock
outstanding (“Weighted Shares”) for the period presented.
Diluted net income per share is computed using net income divided by Weighted Shares and the treasury stock method effect of common equivalent shares (“CESs”) outstanding for each period presented. In the following table, we present a reconciliation of earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share data):
common equivalent shares (“CESs”) outstanding for each period presented. In the following table, we present a reconciliation of
earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2019, 2018 and
2017 (in thousands, except per share data):
The number of anti-dilutive CESs in 2019, 2018 and 2017 was immaterial. See Note 2 for further information on those securities.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands, except per share data)    | 
Net income    | $ 85,762 | $ 104,690 | $ 116,481
Earnings per share： |  |  | 
Basic    | $ 1.33 | $ 1.58 | $ 1.68
Effect of CESs      | (0.01 )    | - | -
Diluted    | $ 1.32 | $ 1.58 | $ 1.68
Weighted average number of shares: |  |  | 
Basic      | 64,397 | 66,201 | 69,175
Effect of CESs      | 706 | 233 | 249
Diluted      | 65,103 | 66,434 | 69,424


Question: What is the change in net income between 2019 and 2018?
Answer: 18928
Calculation: 104,690-85,762
Restricted Stock Units
The 2013 Plan provides for the issuance of RSUs to employees, directors, and consultants. RSUs issued under the 2013 Plan generally vest over four years. A summary of activity of RSUs under the 2013 Plan at December 31, 2019 and changes during the periods then ended is presented in the following table:
As of December 31, 2019 and 2018, there was a total of $198.3 million and $107.9 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs, which will be recognized on a straight-line basis over the remaining weighted-average vesting periods of approximately 2.3 years and 2.4 years, respectively.
Table:
 | Number of RSUs Outstanding (in thousands) | Weighted- Average Grant Date Fair Value Per Share | Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2016 | 3,554 | $18.01 | $73,261
Granted | 3,005 | 30.20 | 
Released | (1,680) | 19.54 | 
Canceled/Forfeited | (598) | 20.91 | 
Outstanding at December 31, 2017 | 4,281 | $25.51 | $207,197
Granted | 1,746 | 67.64 | 
Released | (1,971) | 30.50 | 
Canceled/Forfeited | (495) | 34.99 | 
Outstanding at December 31, 2018 | 3,561 | $42.09 | $293,523
Granted | 2,069 | 122.35 | 
Released | (1,906) | 50.99 | 
Canceled/Forfeited | (475) | 60.38 | 
Outstanding at December 31, 2019 | 3,249 | $85.39 | $548,145


Question: How many years do the RSUs issued under the 2013 Plan generally vest over?
Answer: four years
company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 composite index , the s&p computer hardware index , and the dow jones u.s . technology index . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 composite index , the s&p computer hardware index , and the dow jones u.s . technology index on september 30 , 2006 . data points on the graph are annual . note that historic stock price performance is not necessarily indicative of future stock price performance . comparison of 5 year cumulative total return* among apple inc. , the s&p 500 index , the s&p computer hardware index and the dow jones us technology index sep-10sep-09sep-08sep-07sep-06 sep-11 apple inc . s&p 500 s&p computer hardware dow jones us technology *$ 100 invested on 9/30/06 in stock or index , including reinvestment of dividends . fiscal year ending september 30 . copyright a9 2011 s&p , a division of the mcgraw-hill companies inc . all rights reserved . copyright a9 2011 dow jones & co . all rights reserved . september 30 , september 30 , september 30 , september 30 , september 30 , september 30 .

Table:
 | september 30 2006 | september 30 2007 | september 30 2008 | september 30 2009 | september 30 2010 | september 30 2011
apple inc . | $ 100 | $ 199 | $ 148 | $ 241 | $ 369 | $ 495
s&p 500 | $ 100 | $ 116 | $ 91 | $ 85 | $ 93 | $ 94
s&p computer hardware | $ 100 | $ 148 | $ 124 | $ 147 | $ 174 | $ 197
dow jones us technology | $ 100 | $ 123 | $ 94 | $ 104 | $ 117 | $ 120
.

Question: did apple achieve a greater return in the year ended sept . 30 2009 than the s&p 500?
Answer: yes
Calculation: greater(241, 85)
Financial risk management
The Group’s treasury function centrally manages the Group’s funding requirement, net foreign exchange exposure, interest rate management exposures and counterparty risk arising from investments and derivatives.
Treasury operations are conducted within a framework of policies and guidelines authorised and reviewed by the Board, most recently in July 2018
A treasury risk committee comprising of the Group’s Chief Financial Officer, Group General Counsel and Company Secretary, Group Financial Controller, Group Treasury Director and Group Director of Financial Controlling and Operations meets three times a year to review treasury activities and its members receive management information relating to treasury activities on a quarterly basis. The Group’s accounting function, which does not report to the Group Treasury Director, provides regular update reports of treasury activity to the Board. The Group’s internal auditor reviews the internal control environment regularly.
The Group uses a number of derivative instruments for currency and interest rate risk management purposes only that are transacted by specialist treasury personnel. The Group mitigates banking sector credit risk by the use of collateral support agreements.
Credit risk
Credit risk is the risk that a counterparty will not meet its obligations under a financial asset leading to a financial loss for the Group. The Group is exposed to credit risk from its operating activities and from its financing activities, the Group considers its maximum exposure to credit risk at 31 March to be:
Expected credit loss
The Group has financial assets classified and measured at amortised cost and fair value through other comprehensive income that are subject to the expected credit loss model requirements of IFRS 9. Cash at bank and in hand and certain other investments are both classified and measured at amortised cost and subject to these impairment requirements. However, the identified expected credit loss is considered to be immaterial.
Information about expected credit losses for trade receivables and contract assets can be found under “operating activities” on page 164.
Table:
 | 2019 €m | 2018 €m
Cash at bank and in hand | 2,434 | 2,197
Repurchase agreements and bank deposits | 2,196 | –
Money market funds | 9,007 | 2,477
Managed investment funds | 6,405 | 3,891
Government securities | 3,011 | 1,974
Other investments | 4,418 | 6,087
Derivative financial instruments | 3,634 | 2,629
Trade receivables | 5,077 | 5,402
Contract assets and other receivables | 5,155 | 3,410
 | 41,337 | 28,067


Question: Which financial years' information is shown in the table?
Answer: 2018, 2019