hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Note A: Beginning from June 2015, the Company accounts for its investment in FARADAY as an associate given the fact that the Company obtained the ability to exercise significant influence over FARADAY through representation on its Board of Directors.
Note B: WINAICO SOLAR PROJEKT 1 GMBH and WINAICO IMMOBILIEN GMBH are joint ventures to the Company.
Note C: The Company follows international accounting practices in equity accounting for limited partnerships and uses the equity method to account for these investees.
The carrying amount of investments accounted for using the equity method for which there are published price quotations amounted to NT$1,733 million and NT$1,750 million, as of December 31, 2018 and 2019, respectively. The fair value of these investments were NT$1,621 million and NT$2,244 million, as of December 31, 2018 and 2019, respectively.
Table:
As of December 31, |  |  |  | 
 | 2018 |  | 2019 | 
Investee companies | Amount | Percentage of ownership or voting rights | Amount | Percentage of ownership or voting rights
 | NT$ (In Thousands) |  | NT$ (In Thousands) | 
Listed companies |  |  |  | 
CLIENTRON CORP. | $249,663 | 22.39 | $276,515 | 21.90
FARADAY TECHNOLOGY CORP. (FARADAY) (Note A) | 1,483,111 | 13.78 | 1,473,028 | 13.78
Unlisted companies |  |  |  | 
MTIC HOLDINGS PTE. LTD. | 3,026 | 45.44 | 18,157 | 45.44
WINAICO IMMOBILIEN GMBH (Note B) | — | 44.78 | — | 44.78
PURIUMFIL INC. | — | — | 7,164 | 44.45
UNITECH CAPITAL INC. | 568,005 | 42.00 | 642,660 | 42.00
TRIKNIGHT CAPITAL CORPORATION | 1,520,575 | 40.00 | 2,281,631 | 40.00
HSUN CHIEH INVESTMENT CO., LTD. | 1,608,551 | 36.49 | 1,686,502 | 36.49
YANN YUAN INVESTMENT CO., LTD. | 2,032,013 | 30.87 | 2,761,821 | 30.87
HSUN CHIEH CAPITAL CORP. | 161,319 | 30.00 | 122,060 | 30.00
VSENSE CO., LTD. | 31,544 | 26.89 | 592 | 25.90
UNITED LED CORPORATION HONG KONG LIMITED | 167,953 | 25.14 | 121,973 | 25.14
TRANSLINK CAPITAL PARTNERS I, L.P. (Note C) | 120,440 | 10.38 | 172,414 | 10.38
WINAICO SOLAR PROJEKT 1 GMBH (Note B) | — | 50.00 | — | —
YUNG LI INVESTMENTS, INC. | 2,213 | 45.16 | — | —
Total | $7,948,413 |  | $9,564,517 | 


Question: What is the average Percentage of ownership or voting rights of listed companies in 2019?
Answer: 17.84
Calculation: (21.9+13.78) / 2
15 Goodwill and other intangible assets continued
Impairment
In accordance with the requirements of IAS 36 (Impairment of Assets), goodwill is allocated to the Group’s cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination that gave rise to the goodwill.
During 2019, we performed a review on the basis of identification of our individual CGUs. As a result of this review, we have consolidated a number of our current individual CGUs into groups of CGUs that represent the lowest level to which goodwill is monitored for internal management purposes, being each operating segment as disclosed in Note 3. As a result, we performed an impairment review at an operating segment CGU level, the breakdown of the goodwill value at 31st December across these is shown below:
In order to complete the transition to performing goodwill impairment reviews at an operating segment level, we also performed a goodwill impairment review as at 31st December 2019 under the historical CGU basis. The result of this impairment review led to an impairment of £4.2m being recognised in respect of Watson-Marlow FlowSmart. No other impairment was recognised.
The goodwill balance has been tested for annual impairment on the following basis:
• the carrying values of goodwill have been assessed by reference to value in use. These have been estimated using cash flows based on forecast information for the next financial year which have been approved by the Board and then extended up to a further 9 years based on the most recent forecasts prepared by management; • pre-tax discount rates range from 11-12% (2018: 10-15%); • short to medium-term growth rates vary between 3-8% depending on detailed forecasts (2018: 2-8%). The range in rates excludes the annualised impact of owning Thermocoax for a first full year in 2020. The short to medium-term is defined as not more than 10 years; and • long-term growth rates are set using IMF forecasts and vary between 1.8-2.5% (2018: 0.8-3.0%).
Table:
 | 2019 Goodwill | 2018 Goodwill
 | £m | £m
Steam Specialties | 113.0 | 119.3
Electric Thermal Solutions | 244.7 | 183.0
Watson-Marlow | 60.0 | 65.7
Total goodwill | 417.7 | 368.0


Question: What was the change in total goodwill in 2019 from 2018?
Answer: 49.7
Calculation: 417.7-368.0
Disaggregation of Revenues
The Company serves customers in diverse geographies, which are subject to different economic and industry factors. The Company's presentation of revenue by geography most reasonably depicts how the nature, amount, timing and uncertainty of Company revenue and cash flows are affected by economic and industry factors. The following table presents the Company's revenue, from continuing operations, by geography for the year ended December 31, 2019, 2018 and 2017 (in millions):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Net sales: |  |  | 
United States | $901.3 | $854.6 | $759.4
Canada | 45.6 | 42.3 | 32.4
Consolidated | $946.9 | $896.9 | $791.8


Question: What is the company's revenue from continuing operations in 2018 and 2017 respectively?
Answer: $896.9, $791.8
subject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value . fluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions . the table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 . equity investments are included in other assets in our consolidated balance sheets . ( in millions ) carrying unrealized net of tax .

Table:
( in millions ) | costbasis | fairvalue | carryingvalue | unrealizedgainnet of tax
bm&fbovespa s.a . | $ 262.9 | $ 690.6 | $ 690.6 | $ 271.4
bolsa mexicana de valores s.a.b . de c.v . | 17.3 | 29.3 | 29.3 | 7.6
imarex asa | 2014 | 1.8 | 1.8 | 1.1
we do not currently hedge against equity price risk .
equity investments are assessed for other-than- temporary impairment on a quarterly basis. .

Question: what is the unrealized gain pre-tex for bm&fbovespa?
Answer: 427.7
Calculation: subtract(690.6, 262.9)
Outstanding Indebtedness
At December 31, 2019 and 2018, our total debt outstanding consisted of the amounts set forth in the following table.
(1) Amounts are net of unamortized discounts and debt issuance costs of $25 million and $24 million as of December 31, 2019 and 2018, respectively. See Note 14, “Debt and Credit Facilities,” of the Notes to Consolidated Financial Statements for further details.
Table:
 | December 31, | 
(In millions) | 2019 | 2018
Short-term borrowings | $ 98.9 | $ 232.8
Current portion of long-term debt | 16.7 | 4.9
Total current debt | 115.6 | 237.7
Total long-term debt, less current portion(1) | 3,698.6 | 3,236.5
Total debt | 3,814.2 | 3,474.2
Less: Cash and cash equivalents | (262.4) | (271.7)
Net debt | $ 3,551.8 | $ 3,202.5


Question: For what years of Outstanding Indebtedness are shown in the table? 
Answer: 2018, 2019
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
At December 31, 2019 and 2018, the Company has provided a valuation allowance of $194.2 million and $151.9 million, respectively, which primarily relates to foreign items. The increase in the valuation allowance for the year ending December 31, 2019 is due to uncertainty as to the timing of, and the Company’s ability to recover, net deferred tax assets in certain foreign operations in the foreseeable future, offset by fluctuations in foreign currency exchange rates. The amount of deferred tax assets considered realizable, however, could be adjusted if objective evidence in the form of cumulative losses is no longer present and additional weight may be given to subjective evidence such as the Company’s projections for growth.
A summary of the activity in the valuation allowance is as follows:
(1) Includes net charges to expense and allowances established due to acquisition.
The recoverability of the Company’s deferred tax assets has been assessed utilizing projections based on its current operations. Accordingly, the recoverability of the deferred tax assets is not dependent on material asset sales or other non-routine transactions. Based on its current outlook of future taxable income during the carryforward period, the Company believes that deferred tax assets, other than those for which a valuation allowance has been recorded, will be realized.
Table:
 | 2019 | 2018 | 2017
Balance as of January 1, | $151.9 | $142.0 | $144.4
Additions (1) | 42.5 | 15.7 | 11.6
Reversals | — | — | (9.1)
Foreign currency translation | (0.2) | (5.8) | (4.9)
Balance as of December 31, | $194.2 | $151.9 | $142.0


Question: How many years was the balance as of January 1 above $100 million?
Answer: 3
Calculation: 2019##2018##2017
Note 6. Property and Equipment, Net
Furniture and fixtures, computer software and equipment, leasehold improvements and real property are recorded at cost and presented net of depreciation. We record land at historical cost. During the application development phase, we record capitalized development costs in our construction in progress account and then reclass the asset to internal-use software when the project is ready for its intended use, which is usually when the code goes into production. Furniture, fixtures and office equipment and computer software and hardware are depreciated on a straight-line basis over lives ranging from three to five years. Internal-use software is amortized on a straight-line basis over a three-year period. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease terms or the asset lives. Real property is amortized on a straightline basis over lives ranging from 15 to 39 years.
The components of property and equipment, net are as follows (in thousands):
Depreciation expense related to property and equipment for the years ended December 31, 2019, 2018 and 2017 was $5.9 million, $5.7 million and $5.4 million, respectively. Amortization expense related to internal-use software of $1.9 million, $0.8 million and $0.4 million was included in those expenses for the years ended December 31, 2019, 2018 and 2017, respectively. We had no disposals and write-offs of property and equipment that impacted the consolidated statements of operations during the year ended December 31, 2019. Within the Alarm.com segment, we disposed of and wrote off $1.4 million and $0.8 million of capitalized costs to research and development expenses within the consolidated statements of operations primarily related to the design of internal-use software that no longer met the requirements for capitalization during the years ended December 31, 2018 and 2017, respectively. In December 2019, we purchased land and a commercial building located in Liberty Lake, Washington for $5.1 million. Once renovations are complete, this building will be used by OpenEye for sales and training, research and development, warehousing and administrative purposes.
Table:
 | December 31, | 
 | 2019 | 2018
Furniture, fixtures and office equipment | $5,604 | $4,102
Computer software and hardware | 17,767 | 16,228
Internal-use software | 8,949 | 5,072
Construction in progress | 4,232 | 3,790
Leasehold improvements | 23,223 | 18,338
Real property | 4,917 | 707
Land | 1,398 | 508
Total property and equipment | 66,090 | 48,745
Accumulated depreciation | (27,542) | (20,988)


Question: What was the amount of Furniture, fixtures and office equipment in 2019?
Answer: $5,604
The following are the significant assumptions adopted in measuring the Company’s pension and other benefit obligations:
For certain Canadian post-retirement plans the above trend rates are applicable for 2019 to 2024 which will increase linearly to 4.75% in 2029 and grading down to an ultimate rate of 3.57% per annum in 2040 and thereafter.
Table:
As at December 31, | Pension 2019 | Other 2019 | Pension 2018 | Other 2018
Actuarial benefit obligation |  |  |  | 
Discount rate | 3.20% | 2.95% to 3.20% | 3.80% | 3.80% to 4.00%
Benefit costs for the year ended |  |  |  | 
Discount rate | 3.90% | 3.90% to 4.00% | 3.60% | 3.25% to 3.60%
Future salary growth | 2.50% | N/A | 2.50% | N/A
Health care cost trend rate | N/A | 3.49% to 5.49% | N/A | 4.50%
Other medical trend rates | N/A | 4.00% to 4.56% | N/A | 4.50%


Question: What is the difference in future salary growth assumed under pension 2018 and 2019?
Answer: 0
Calculation: 2.50 - 2.50
BENEFIT OBLIGATION AND PLAN ASSETS FOR PENSION BENEFIT PLANS
The vested benefit obligation for a defined-benefit pension plan is the actuarial present value of the vested benefits to which the employee is currently entitled based on the employee’s expected date of separation or retirement.
1 The projected benefit obligation was approximately 35% in the U.S. and 65% outside of the U.S. as of December 28, 2019 and December 29, 2018.
2 The fair value of plan assets was approximately 55% in the U.S. and 45% outside of the U.S. as of December 28, 2019 and December 29, 2018.
3 The accumulated other comprehensive loss (income), before tax, was approximately 35% in the U.S. and 65% outside of the U.S. as of December 28, 2019 and December 29, 2018.
Changes in actuarial gains and losses in the projected benefit obligation are generally driven by discount rate movement. We use the corridor approach to amortize actuarial gains and losses. Under this approach, net actuarial gains or losses in excess of 10% of the larger of the projected benefit obligation or the fair value of plan assets are amortized on a straight-line basis.
Table:
(In Millions) | Dec 28, 2019 | Dec 29, 2018
Changes in projected benefit obligation: |  | 
Beginning projected benefit obligation | $3,433 | $3,842
Service cost | 54 | 65
Interest cost | 113 | 113
Actuarial (gain) loss | 829 | (204)
Currency exchange rate changes | (2) | (121)
Plan curtailments | — | (150)
Plan settlements | (57) | (74)
Other | (86) | (38)
Ending projected benefit obligation 1 | 4,284 | 3,433
Changes in fair value of plan assets: |  | 
Beginning fair value of plan assets | 2,551 | 2,287
Actual return on plan assets | 193 | (38)
Employer contributions | 30 | 480
Currency exchange rate changes | 3 | (62)
Plan settlements | (57) | (74)
Other | (66) | (42)
Ending fair value of plan assets 2 | 2,654 | 2,551
Net funded status | $1,630 | $882
Amounts recognized in the Consolidated Balance Sheets |  | 
Other long-term assets | $— | $244
Other long-term liabilities | $1,630 | $1,126
Accumulated other comprehensive loss (income), before tax 3 | $1,730 | $1,038


Question: What is the  Beginning projected benefit obligation for Dec 28, 2019?
Answer: $3,433
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (United States Dollars in thousands, except per share data and unless otherwise indicated)
Business Metrics
We review a number of operating and financial metrics to evaluate our business, measure our performance, identify trends, formulate plans and make strategic decisions, including the following.
Transaction Volume. We define transaction volume as the dollar value of loans facilitated on our platform
during a given period. Transaction volume is an indicator of revenue and overall platform profitability and has
grown substantially in the past several years.
Loan Servicing Portfolio. We define our loan servicing portfolio as the aggregate outstanding consumer loan balance (principal plus accrued interest and fees) serviced by our platform at the date of measurement. Our loan servicing portfolio is an indicator of our servicing activities. The average loan servicing portfolio for the years ended December 31, 2019, 2018 and 2017 was $8,213 million, $6,303 million and $4,501 million, respectively.
Active Merchants. We define active merchants as home improvement merchants and healthcare providers that have submitted at least one consumer application during the twelve months ended at the date of measurement. Because our transaction volume is a function of the size, engagement and growth of our merchant network, active merchants, in aggregate, are an indicator of future revenue and profitability, although they are not directly correlated. The comparative measures can also be impacted by disciplined corrective action taken by the Company to remove merchants from our program who do not meet our customer satisfaction standards.
Cumulative Consumer Accounts. We define cumulative consumer accounts as the aggregate number of consumer accounts approved on our platform since our inception, including accounts with both outstanding and zero balances. Although not directly correlated to revenue, cumulative consumer accounts is a measure of our brand awareness among consumers, as well as the value of the data we have been collecting from such consumers since our inception. We may use this data to support future growth by cross-marketing products and delivering potential additional customers to merchants that may not have been able to source those customers themselves.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Transaction Volume |  |  | 
Dollars (in millions) | $5,954 | $5,030 | $3,767
Percentage increase | 18% | 34% | 
Loan Servicing Portfolio |  |  | 
Dollars (in millions, at end of period) | $9,150 | $7,341 | $5,390
Percentage increase | 25% | 36% | 
Active Merchants |  |  | 
Number (at end of period) | 17,216 | 14,907 | 10,891
Percentage increase | 15% | 37% | 
Cumulative Consumer Accounts |  |  | 
Number (in millions, at end of period) | 3.03 | 2.24 | 1.57
Percentage increase | 35% | 43% | 


Question: What was the percentage change in the Cumulative Consumer Accounts between 2017 and 2019?
Answer: 92.99
Calculation: (3.03-1.57)/1.57
Operating Expenses
The following table sets forth, for the periods indicated, the amount of operating expenses and their relative percentages of total net sales by the line items reflected in our consolidated statement of operations (dollars in thousands):
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
 |  | (Dollars in thousands) |  | 
Research and development | $117,353 | 8.2% | $132,586 | 7.0%
Selling, general and administrative | 272,257 | 19.0% | 293,632 | 15.4%
Impairment and other charges | — | —% | 766 | —%
Amortization of intangible assets | 13,760 | 1.0% | 10,690 | 0.6%
Total operating expenses | $403,370 | 28.2% | $437,674 | 23.0%


Question: What was the change in the amount of Amortization of intangible assets in 2019 from 2018?
Answer: 3070
Calculation: 13,760-10,690
Net Sales
Market Application
The following table sets forth, for the periods indicated, the amount of net sales and their relative
percentages of total net sales by market application (dollars in thousands):
During fiscal 2019, net sales decreased by $471.9 million, or 25%, compared to fiscal 2018, with decreases in the microelectronics and materials processing markets, partially offset by increases in the OEM components and instrumentation market. Ondax, which we acquired on October 5, 2018, contributed $6.4 million in incremental net sales to the materials processing market in the ILS segment in fiscal 2019. In fiscal 2019, we continued to experience weaker demand in the microelectronics and materials processing markets. Entering fiscal 2020, we have started seeing indications which could lead to increased future demand in the microelectronics flat panel display market, but this is balanced by possible continuing headwinds in the global materials processing industry.
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
Microelectronics | $632,176 | 44.2% | $1,036,354 | 54.5%
Materials processing | 404,878 | 28.3% | 520,904 | 27.4%
OEM components and instrumentation | 266,788 | 18.6% | 220,823 | 11.6%
Scientific and government programs | 126,798 | 8.9% | 124,492 | 6.5%
Total | $1,430,640 | 100.0% | $1,902,573 | 100.0%


Question: What is the amount of Microelectronics in 2019?
Answer: $632,176
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in millions):
Contract Assets
A contract asset represents our expectation of receiving consideration in exchange for products or services that we have transferred to our client. Contract assets and liabilities, or deferred revenues, are determined and presented on a net basis at the contract level since the rights and obligations in a contract with a client are interdependent. In contrast, a receivable is our right to consideration that is unconditional except for the passage of time required before payment of that consideration is due. The difference in timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables, contract assets and deferred revenues from client advances and deposits. We account for receivables in accordance with ASC Topic 310, Receivables (“ASC 310”), and assess both contract assets and receivables for impairment in accordance with ASC 310. There were no impairment charges related to contract assets for the years ended December 31, 2019 and 2018.
Our short-term contract assets are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. Our long-term contract assets are included in Other non-current assets in our Consolidated Balance Sheets. Refer to Note 11 — Other Non-Current Assets.
Table:
 | December 31, | 
 | 2019 | 2018
Prepaid expenses | $37.1 | $43.9
Contract assets | 19.5 | 14.8
Other current assets | 8.2 | 8.6
Prepaid expenses and other current assets | $64.8 | $67.3


Question: What does a contract asset represent to the company?
Answer: our expectation of receiving consideration in exchange for products or services that we have transferred to our client.
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: How many years did the basic weighted-average shares exceed $5,000 million?
Answer: 1
Calculation: 2017