hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
FINANCIAL EXPENSE
(1) Fiscal 2018 was restated to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Discontinued operations" section.
Fiscal 2019 fourth-quarter financial expense decreased by 15.2% mainly due to: • the reimbursements of $65 million and US$35 million under the Canadian Revolving Facility during the second quarter of fiscal 2019 and of US$328 million during the third quarter of fiscal 2019 following the sale of Cogeco Peer 1; and • lower debt outstanding and interest rates on the First Lien Credit Facilities; party offset by • the appreciation of the US dollar against the Canadian dollar compared to same period of the prior year.
Table:
Three months ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages) | $ | $ | %
Interest on long-term debt | 41,307 | 46,127 | (10.4)
Net foreign exchange losses (gains) | (403) | 482 | —
Amortization of deferred transaction costs | 464 | 441 | 5.2
Capitalized borrowing costs | (168) | (162) | 3.7
Other | (763) | 821 | —
 | 40,437 | 47,709 | (15.2)


Question: What was the increase / (decrease) in total financial expense from 2018 to 2019?
Answer: -7272
Calculation: 40,437 - 47,709
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
ADTRAN’s common stock is traded on the NASDAQ Global Select Market under the symbol ADTN. As of February 19, 2020, ADTRAN had 163 stockholders of record and approximately 6,972 beneficial owners of shares held in street name. The following table shows the high and low closing prices per share for our common stock as reported by NASDAQ for the periods indicated.
Table:
COMMON STOCK PRICES |  |  |  | 
2019 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter
High | $15.40 | $17.81 | $16.40 | $11.59
Low | $10.49 | $13.76 | $ 9.92 | $ 8.09


Question: What was the high closing price for common stock price in the First Quarter of 2019?
Answer: $15.40
(c) Additional Segment Information
The majority of our assets as of July 27, 2019 and July 28, 2018 were attributable to our U.S. operations. In fiscal 2019, 2018, and 2017, no single customer accounted for 10% or more of revenue.
Property and equipment information is based on the physical location of the assets. The following table presents property and equipment information for geographic areas (in millions):
Table:
 | July 27, 2019 | July 28, 2018 | July 29, 2017
Property and equipment, net: |  |  | 
United States | $2,266 | $2,487 | $2,711
International | 523 | 519 | 611
Total | $2,789 | $3,006 | $3,322


Question: What was the change in net property and equipment from International regions between 2017 and 2018?
Answer: -92
Calculation: 519-611
10 Auditor’s Remuneration
The Group paid the following amounts to its auditor in respect of the audit of the historical financial information and for other non-audit services provided to the Group.
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Audit of the Financial Statements | 0.4 | 0.4
Subsidiary local statutory audits | 0.2 | 0.3
Total audit fees | 0.6 | 0.7
Other assurance services | 0.1 | 0.1
Total non-audit fees | 0.1 | 0.1


Question: What was the percentage change in Total audit fees in 2019 from 2018?
Answer: -14.29
Calculation: (0.6-0.7)/0.7
ITEM 3. KEY INFORMATION
Selected Financial Data
The following table sets forth our selected consolidated financial data as of and for each of the years in the five-year period ended December 31, 2019. The consolidated financial data has been derived from, and should be read in conjunction with, our Consolidated Financial Statements prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS), presented in “Item 18. Financial Statements” of this report.
Our selected financial data and our Consolidated Financial Statements are presented in euros, unless otherwise stated.
(1) See Note (C.6) to our Consolidated Financial Statements for more information on earnings per share.
(2) The balances include primarily bonds, private placements and bank loans. See Note (E.3) to our Consolidated Financial Statements for more information on our financial liabilities.
Table:
SELECTED FINANCIAL DATA: IFRS |  |  |  |  | 
€ millions, unless otherwise stated | 2019 | 2018 | 2017 | 2016 | 2015
Income Statement Data: Years ended December 31, |  |  |  |  | 
Cloud revenue | 6,933 | 4,993 | 3,769 | 2,993 | 2,286
Software licenses and support revenue | 16,080 | 15,628 | 15,780 | 15,431 | 14,928
Cloud and software revenue | 23,012 | 20,622 | 19,549 | 18,424 | 17,214
Total revenue | 27,553 | 24,708 | 23,461 | 22,062 | 20,793
Operating profit | 4,473 | 5,703 | 4,877 | 5,135 | 4,252
Profit after tax | 3,370 | 4,088 | 4,046 | 3,629 | 3,056
Profit attributable to owners of parent | 3,321 | 4,083 | 4,008 | 3,642 | 3,064
Earnings per share(1) |  |  |  |  | 
Basic in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Diluted in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Other Data: |  |  |  |  | 
Weighted-average number of shares outstanding |  |  |  |  | 
Basic | 1,194 | 1,194 | 1,197 | 1,198 | 1,197
Diluted | 1,194 | 1,194 | 1,198 | 1,199 | 1,198
Statement of Financial Position Data: At December 31, |  |  |  |  | 
Cash and cash equivalents | 5,314 | 8,627 | 4,011 | 3,702 | 3,411
Total assets | 60,215 | 51,502 | 42,484 | 44,262 | 41,390
Current financial liabilities(2) | 3,273 | 1,125 | 1,561 | 1,813 | 841
Non-current financial liabilities(2) | 12,923 | 10,553 | 5,034 | 6,481 | 8,681
Issued capital | 1,229 | 1,229 | 1,229 | 1,229 | 1,229
Total equity | 30,822 | 28,877 | 25,515 | 26,382 | 23,295


Question: Where is more information on earnings per share provided?
Answer: Note (C.6) to our Consolidated Financial Statements
Product Licensing Segment
(1) Excludes operating expenses which are not allocated on a segment basis.
Product Licensing revenue for the year ended December 31, 2019 was $198.1 million as compared to $219.7 million for the year ended December 31, 2018, a decrease of $21.6 million. The decrease in revenue was primarily due to the timing and duration of minimum guarantee contracts up for renewal and executed, decreased NRE services revenue, as well as a decrease in per-unit royalty revenue in 2019 as compared to 2018.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Revenue: |  |  | 
Royalty and license fees | $198,124 | $219,708 | $167,923
Total revenue | 198,124 | 219,708 | 167,923
Operating expenses: |  |  | 
Cost of revenues | 8,460 | 13,291 | 6,308
Research, development and other related costs | 83,613 | 78,892 | 75,809
Litigation | 1,656 | — | 288
Amortization | 88,075 | 88,544 | 90,340
Total operating expenses (1) | 181,804 | 180,727 | 172,745
Total operating income (loss) | $16,320 | $38,981 | $(4,822)


Question: What were the litigation costs in 2017 and 2019, respectively?
Answer: 288, 1,656
1. Description of the business and summary of significant accounting policies: (Continued)
Shares of restricted stock are included in the computation of basic EPS as they vest and are included in diluted EPS, to the extent they are dilutive, determined using the treasury stock method.
The following details the determination of the diluted weighted average shares:
Table:
 | Year Ended December 31, 2019 | Year Ended December 31, 2018 | Year Ended December 31, 2017
Weighted average common shares—basic | 45,542,315 | 45,280,161 | 44,855,263
Dilutive effect of stock options | 32,222 | 33,134 | 31,534
Dilutive effect of restricted stock | 505,858 | 467,659 | 297,406
 | 46,080,395 | 45,780,954 | 45,184,203


Question: What are the respective number of basic weighted average common shares in 2018 and 2019?
Answer: 45,280,161, 45,542,315
Summarized 100% statement of financial position information for ASMPT equity method investment excluding basis adjustments (foreign currency exchange rate per December 31, 2019 was 1 HK$: €0.11432 for December 31, 2018: 1 HK$: €0.11151).
Equity of ASMPT per December 31, 2019 translated into euros at a rate of 0.11432 was €1,329 million (our 25.19% share: €335 million).
The ASMPT Board is responsible for ongoing monitoring of the performance of the Back-end activities. The actual results of the Back-end operating unit are discussed with the ASMPT Audit Committee, which includes the representative of ASMI. The ASMI representative reports to the ASMI Management Board and the Audit Committee of ASMI on a quarterly basis.
Our share of income taxes incurred directly by the associates is reported in result from investments in associates and as such is not included in income taxes in our consolidated financial statements.
Table:
 | December 31, | 
(HK$ million) | 2018 | 2019
Current assets | 15,168 | 13,381
Non-current assets | 5,907 | 7,464
Current liabilities | 7,792 | 4,432
Non-current liabilities | 1,122 | 4,781
Equity | 12,161 | 11,632


Question: What is the ASMPT Board responsible for? 
Answer: ongoing monitoring of the performance of the Back-end activities
Operating expenses
Sales and marketing expense decreased primarily due to a $51 million decrease in stock-based compensation expense and a $41 million decrease as a result of the divestiture of our WSS and PKI solutions.
Research and development expense decreased primarily due to a $66 million decrease in stockbased compensation expense.
General and administrative expense decreased primarily due to a $130 million decrease in stock-based compensation expense.
Amortization of intangible assets decreased primarily due to the intangible assets sold with the divestiture of WSS and PKI solutions.
Restructuring, transition and other costs reflect a decrease of $70 million in fiscal 2019 compared to fiscal 2018 in severance and other restructuring costs. In addition, fiscal 2018 costs included $88 million of transition related costs related to our fiscal 2018 divestiture of our WSS and PKI solutions compared to $3 million in fiscal 2019.
Table:
Fiscal Year |  |  | Variance in | 
 | 2019 | 2018 | Dollars | Percent
(In millions, except for percentages) |  |  |  | 
Sales and marketing | $1,493 | $1,593 | $(100) | (6)%
Research and development | 913 | 956 | (43) | (4)%
General and administrative | 447 | 574 | (127) | (22)%
Amortization of intangible assets | 207 | 220 | (13) | (6)%
Restructuring, transition and other costs | 241 | 410 | (169) | (41)%
Total | $3,301 | $3,753 | $(452) | (12)%


Question: What is the decrease in  Sales and marketing from Fiscal year 2018 to 2019?
Answer: 100
Asset position of METRO AG
ASSETS
As of the closing date, METRO had total assets of €18,221 million, which are predominantly comprised of financial assets in the amount of €9,005 million, receivables from affiliated companies at €8,214 million and the usufructuary rights to the METRO and MAKRO brands which were recognised as an intangible asset (€883 million). Cash on hand, bank deposits and cheques amounted to €44 million. The financial assets predominantly consist of shares held in affiliated companies in the amount of €8,964 million which are essentially comprised of shares in the holding for wholesale companies (€6,693 million), in real estate companies (€1,278 million), in service providers (€470 million) and in other companies (€523 million). The financial assets account for 49.4% of the total assets. Receivables from affiliated companies amount to €8,214 million. This corresponds to 45.1% of the total assets. This position contains €6,117 million in receivables from a group-internal transfer of shares in affiliated companies at their carrying values and predominantly reflects the short-term financing requirements of the group companies as of the closing date.
Table:
€ million | 30/9/2018 | 30/9/2019
Non-current assets |  | 
Intangible assets | 1,001 | 939
Tangible assets | 2 | 3
Financial assets | 9.157 | 9,005
 | 10.160 | 9,947
Current assets |  | 
Receivables and other assets | 6,882 | 8,218
Cash on hand, bank deposits and cheques | 335 | 44
 | 7,217 | 8,262
Deferred income | 12 | 12
 | 17,389 | 18,221


Question: What was the amount of financial assets in FY2019?
Answer: €9,005 million
Deferred Revenue and Customer Liabilities
Deferred revenue and customer liabilities consisted of the following (in thousands):
The Company expects to recognize the majority of its deferred revenue as of December 31, 2019 over the next 180 days. Revenues of $3.7 million were recognized during the year ended December 31, 2019 from amounts included in deferred revenue at December 31, 2018. Revenues of $4.4 million were recognized during the year ended December 31, 2018 from amounts included in deferred revenue at January 1, 2018.
The Company expects to recognize the majority of the customer arrangements with termination rights into revenue as the Company has not historically experienced a high rate of contract terminations.
Estimated refund liabilities are generally resolved in 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.
Table:
 | December 31, | 
 | 2019 | 2018
Deferred revenue | $3,012 | $3,655
Customer arrangements with termination rights | 15,024 | 16,404
Estimated refund liabilities | 8,585 | 10,117
 | $26,621 | $30,176


Question: What was the change in deferred revenue in 2019 from 2018?
Answer: -643
Calculation: 3,012-3,655
(a) Description of segments and principal activities (continued)  The Group also conducts operations in the United States of America (“United States”), Europe and other regions, and holds investments (including investments in associates, investments in joint ventures, FVPL and FVOCI) in various territories. The geographical information on the total assets is as follows:
As at 31 December 2019, the total non-current assets other than financial instruments and deferred tax assets located in Mainland China and other regions amounted to RMB311,386 million (31 December 2018: RMB282,774 million) and RMB136,338 million (31 December 2018: RMB65,057 million), respectively.
All the revenues derived from any single external customer were less than 10% of the Group’s total revenues during the years ended 31 December 2019 and 2018.
Table:
 | As at 31 December | 
 | 2019 | 2018
 | RMB’Million | RMB’Million
Operating assets |  | 
– Mainland China | 345,721 | 270,373
– Others | 168,714 | 83,962
Investments |  | 
– Mainland China and Hong Kong | 289,491 | 254,992
– North America | 76,488 | 44,835
– Europe | 29,707 | 37,451
– Asia excluding Mainland China and Hong Kong | 40,139 | 30,148
– Others | 3,726 | 1,760
 | 953,986 | 723,521


Question: How much is the total operating assets as at 31 December 2019?
Answer: 514435
Calculation: 345,721+168,714
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
The components of the net deferred tax asset and liability and related valuation allowance were as follows:
The Company provides valuation allowances if, based on the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Management assesses the available evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets.
Table:
 | December 31, 2019 | December 31, 2018
Assets: |  | 
Operating lease liability | $878.5 | $—
Net operating loss carryforwards | 356.6 | 264.9
Accrued asset retirement obligations | 174.9 | 165.7
Stock-based compensation | 5.6 | 6.3
Unearned revenue | 31.7 | 28.3
Unrealized loss on foreign currency | 3.8 | 12.9
Other accruals and allowances | 65.6 | 78.6
Items not currently deductible and other | 26.1 | 26.2
Liabilities: |  | 
Depreciation and amortization | (1,040.3) | (757.0)
Right-of-use asset | (865.1) | —
Deferred rent | (79.7) | (36.9)
Other | — | (15.3)
Subtotal | (442.3) | (226.3)
Valuation allowance | (194.2) | (151.9)
Net deferred tax liabilities | $(636.5) | $(378.2)


Question: What were the Net operating loss carryforwards in 2019?
Answer: 356.6
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The provision for income taxes from continuing operations is summarized as follows:
The Company’s effective tax rates differ from the U.S. federal statutory rate of 21% for the years ended December 31, 2019 and December 31, 2018, primarily due to the benefit of tax credits and earnings in foreign jurisdictions which are subject to lower tax rates, offset by additional GILTI tax in the US and withholding taxes.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Current: |  |  | 
Federal | $(9,627) | $1,423 | $26,550
State | 882 | 12 | 601
Foreign | 18,429 | 13,772 | 9,621
Total current provision | $9,684 | $15,207 | $36,772
Deferred: |  |  | 
Federal | $ 3,822 | $  4,021 | $ 28,297
State | (178) | 2,363 | (1,000)
Foreign | (2,629) | 3,636 | (1,979)
Total deferred provision | 1,015 | 10,020 | 25,318
Total provision for income taxes | $10,699 | $25,227 | $62,090


Question: What was the change in total current provision between 2017 and 2018?
Answer: -21565
Calculation: $15,207-$36,772
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Key details of the term loan are as follows:
(1) The principal balance of the term loan is scheduled to be repaid on a quarterly basis at an amortization rate of 0.25% per quarter through December 31, 2024, with the balance due at maturity. For each of the next five years, principal repayments on the term loan are expected to be $4,000.
(2) For the years ended December 31, 2019 and 2018, debt discount of $613 and $593, respectively, and debt issuance costs of $1,062
and $1,091, respectively, were amortized into interest expense in the Consolidated Statements of Operations. Giving effect to the
amortization of debt discount and debt issuance costs on the term loan, the effective interest rates were 5.95% and 5.99% during the
years ended December 31, 2019 and 2018, respectively.
Table:
 | December 31, | 
 | 2019 | 2018
Term loan, face value(1) | $393,000 | $397,000
Unamortized debt discount (2) | (3,115) | (3,728)
Unamortized debt issuance costs(2) | (5,388) | (6,450)
Term loan | $384,497 | $386,822


Question: Which years does the table provide information for Key details of the term loan?
Answer: 2019, 2018
If not presented separately in our income statement, restructuring expenses would have been classified in the different expense items in our income statement as follows:
Restructuring Expenses by Functional Area
Table:
€ millions | 2019 | 2018 | 2017
Cost of cloud and software | –138 | –3 | –55
Cost of services | –154 | –3 | –118
Research and development | –467 | –3 | –9
Sales and marketing | –299 | –11 | –2
General and administration | –71 | 0 | 2
Restructuring expenses | –1,130 | –19 | –182


Question: What was the percentage change in General and administration in 2018 from 2017?
Answer: -100
Calculation: (0-2)/2
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 9. ACCOUNTS AND OTHER RECEIVABLE
Accounts and other receivable are recorded at net realizable value. Components of accounts and other receivable, net of reserves, are as follows:
Amounts billed, net consist of amounts that have been invoiced to our customers in accordance with terms and conditions, and are shown net of an allowance for doubtful accounts. These receivables are all short term in nature and do not include any financing components.
Unbilled receivables consist of amounts where we have satisfied our contractual obligations related to inventory stocking contracts with customers. Such amounts are typically invoiced to the customer upon their consumption of the inventory managed under the stocking contracts. We anticipate that substantially all unbilled receivables will be invoiced and collected over the next twelve months. These contracts do not include any financing components.
Table:
 | December 31, 2019 | December 31, 2018
Amounts billed, net | $227,528 | $80,709
Unbilled receivables | 19,036 | 19,733
Total receivables, net | $246,564 | $100,442


Question: What was the change in unbilled receivables between 2018 and 2019?
Answer: -697
Calculation: 19,036-19,733
* Recast to reflect segment changes.
The 2018 GTS gross profit margin was essentially flat year to year and reflected benefits from productivity initiatives, including automation of delivery processes infused with AI and global workforce optimization.
Pre-tax income performance reflected continued investment to expand go-to-market capabilities and develop new offerings for the hybrid market.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2018* | 2017* | Yr.-to-Yr. Percent/ Margin Change
Global Technology Services |  |  | 
External total gross profit | $10,035 | $10,022 | 0.1%
External total gross profit margin | 34.4% | 34.3% | 0.1 pts
Pre-tax income | $ 1,781 | $ 2,618 | (32.0)%
Pre-tax margin | 5.9% | 8.8% | (2.8) pts


Question: What are the benefits reflected from gross profit margin?
Answer: The 2018 GTS gross profit margin was essentially flat year to year and reflected benefits from productivity initiatives
asset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs .

Table:
 | level 3
balance as of january 1 2018 | $ 278
actual return on assets | -23 ( 23 )
purchases issuances and settlements net | -25 ( 25 )
balance as of december 31 2018 | $ 230
balance as of january 1 , 2017 .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$ 140 actual return on assets .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2 purchases , issuances and settlements , net .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
136 balance as of december 31 , 2017 .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts .
the investments and risk mitigation strategies for the plans are tailored specifically for each trust .
in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company .
the company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation .
considerations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns .
in 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan .
as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities .
the fixed income portion of the portfolio was designed to match the bond- .

Question: by what percentage level 3 balance decrease during 2018?
Answer: -17.3%
Calculation: subtract(230, 278), divide(#0, 278)