hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Interest Income and Interest Expense
Interest income is earned on our cash, cash equivalents, restricted cash and marketable securities. The increase in interest income in fiscal 2019 compared to fiscal 2018 was attributable to higher investment yields, related in part to longer duration investments, as well as higher average investment balances.
Interest expense primarily includes interest on our term loans, partially offset by income from our interest-rate swap derivative contracts, as well as term loan issuance costs amortization charges. The decrease in interest expense in fiscal 2019 compared to fiscal 2018 was primarily due to lower outstanding debt balances related to the CMI acquisition as a result of principal payments made, partially offset by additional interest expense related to the term loan originated to finance the acquisition of FRT.
Other Income (Expense), Net
Other income (expense), net primarily includes the effects of foreign currency impact and various other gains and losses.
Table:
 |  | Fiscal Year Ended | 
 | December 28, 2019 | December 29, 2018 | December 30, 2017
 |  | (Dollars in thousands) | 
Interest income | $2,714 | $1,356 | $548
Weighted average balance of cash and investments | $179,526 | $138,467 | $124,637
Weighted average yield on cash and investments   | 2.05 % | 1.51 % | 0.84 %
Interest expense | $1,915 | $3,314 | $4,491
Average debt outstanding | $56,776 | $90,086 | $127,598
Weighted average interest rate on debt | 4.09 % | 3.98 % | 3.07 %


Question: What does interest expense include?
Answer: interest on our term loans, partially offset by income from our interest-rate swap derivative contracts, as well as term loan issuance costs amortization charges.
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
3. PROPERTY AND EQUIPMENT
Property and equipment (including assets held under finance leases) consisted of the following:
(1) Assets on leased land are depreciated over the shorter of the estimated useful life of the asset or the term of the corresponding ground lease taking into consideration lease renewal options and residual value.
(2) Includes fiber and DAS assets.
(3) Estimated useful lives apply to improvements only.
Table:
 | Estimated Useful Lives (years) (1) | December 31, 2019 | December 31, 2018
Towers | Up to 20 | $13,930.7 | $12,777.9
Equipment (2) | 2 - 20 | 1,897.3 | 1,667.3
Buildings and improvements | 3 - 32 | 638.9 | 628.5
Land and improvements (3) | Up to 20 | 2,486.1 | 2,285.4
Construction-in-progress |  | 372.6 | 358.1
Total |  | 19,325.6 | 17,717.2
Less accumulated depreciation |  | (7,241.2) | (6,470.1)
Property and equipment, net |  | $12,084.4 | $11,247.1


Question: What was the change in Land and improvements between 2018 and 2019?
Answer: 200.7
Calculation: 2,486.1-2,285.4
NOTE 7 - continued
Lease payments not recognized as a liability The Group has elected not to recognize a lease liability for short-term leases (leases of an expected term of 12 months or less) or for leases of low value assets. Payments made under such leases are expensed on a straight-line basis. The expenses relating to payments not recognized as a lease liability are insignificant.
Administrative expenses The total outflow for leases, USD 2.9m, is presented as “Depreciation” of USD 2.5m and “Financial expenses” (interest) of USD 0.4m, in contrast to the recording of an operating lease charge of a materially equivalent figure within the line item “Administrative expenses” under IAS 17.
Financial expenses
Financial expenses for the reporting periods:
Table:
USDm | 2019 | 2018 | 2017
Interest expenses: | - | - | -
Financial expenses arising from lease liabilities regarding right-of-use assets | 2.4 | 2.3 | 1.8
Other financial expenses | 39.5 | 37.0 | 38.8
Total | 41.9 | 39.3 | 40.6


Question: What was the percentage change in the total financial expenses in 2019 from 2018?
Answer: 6.62
Calculation: (41.9-39.3)/39.3
Free Cash Flow
The following provides a reconciliation of free cash flow, as used in this annual report, to its most directly comparable U.S. GAAP financial measures:
Management believes that the free cash flow measure provides useful information to investors regarding our financial condition because it is a measure of cash generated which management evaluates for alternative uses. It is management’s current intention to use excess cash to fund investments in capital equipment, acquisition opportunities and consistent dividend payments. Free cash flow is not a U.S. GAAP financial measure and should not be considered in isolation of, or as a substitute for, cash flows calculated in accordance with U.S. GAAP.
Table:
 |  | Fiscal Year | 
($ in millions) | 2019 | 2018 | 2017
Net cash provided from operating activities | $232.4 | $209.2 | $130.3
Purchases of property, plant, equipment and software | (180.3) | (135.0) | (98.5)
Acquisition of businesses, net of cash acquired | (79.0) | (13.3) | (35.3)
Proceeds from divestiture of business | — | — | 12.0
Proceeds from disposals of property, plant and equipment and assets held for sale | 0.4 | 1.9 | 2.5
Proceeds from note receivable from sale of equity method investment | — | 6.3 | 6.3
Proceeds from insurance recovery | 11.4 | — | —
Dividends paid | (38.6) | (34.4) | (34.1)
Free cash flow | $(53.7) | $34.7 | $(16.8)


Question: What was the percentage change in Net cash provided from operating activities in 2019 from 2018?
Answer: 11.09
Calculation: (232.4-209.2)/209.2
Fees Paid to the Independent Registered Public Accounting Firm
The following table presents fees for professional audit services and other services rendered to our company by KPMG for our fiscal years ended December 31, 2017 and 2018.
(1) Audit Fees consist of professional services rendered in connection with the audit of our annual consolidated financial statements, including audited financial statements presented in our Annual Report on Form 10-K for the fiscal years ended December 31, 2017 and 2018 and services that are normally provided by the independent registered public accountants in connection with statutory and regulatory filings or engagements for those fiscal years.
(2) Audit-Related Fees consist of fees for professional services for assurance and related
services that are reasonably related to the performance of the audit or review of our consolidated financial statements and are not reported under “Audit Fees.” These services could include accounting consultations concerning financial accounting and reporting standards, due diligence procedures in connection with acquisition and procedures related to other attestation services.
(3) Tax Fees consist of fees for professional services for tax compliance, tax advice and tax planning. These services include consultation on tax matters and assistance regarding federal, state and international tax compliance.
(4) All Other Fees consist of license fees for the use of accounting research software.
Table:
 | 2017 | 2018
 | (In Thousands) | (In Thousands)
Audit Fees (1) | $3,747 | $4,476
Audit-Related Fees (2) | — | —
Tax Fees (3) | — | —
All Other Fees (4) | $3 | $3
Total Fees | $3,750 | $4,479


Question: What does “All Other Fees” consist of?
Answer: License fees for the use of accounting research software
Consolidated Results
Net Revenues by Distribution Channel
The following table details our consolidated net revenues by distribution channel (amounts in millions):
(1) Net revenues from “Digital online channels” include revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties.
(2) Net revenues from “Other” primarily includes revenues from our Distribution business and the Overwatch League.
Digital Online Channel Net Revenues The decrease in net revenues from digital online channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018); and • lower revenues recognized from Hearthstone.
Retail Channel Net Revenues The decrease in net revenues from retail channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from Call of Duty: Black Ops 4, which was released in October 2018, as compared to Call of Duty: WWII, which was released in November 2017; • lower revenues recognized from the Destiny franchise; and • lower revenues from Crash Bandicoot™ N. Sane Trilogy, which was released on the Xbox One, PC, and Nintendo Switch in June 2018.
The decrease was partially offset by: • revenues recognized from Crash Team Racing Nitro-Fueled, which was released in June 2019; • revenues from Sekiro: Shadows Die Twice, which was released in March 2019; and • higher revenues recognized from Call of Duty: Modern Warfare, which was released in October 2019, as compared to Call of Duty: Black Ops 4.
Table:
 |  | For the Years Ended December 31, |  | 
 | 2019 | 2018 | Increase/ (decrease) | % Change
Net revenues by distribution channel: |  |  |  | 
Digital online channels (1) | $4,932 | $5,786 | $(854) | (15)%
Retail channels | 909 | 1,107 | (198) | (18)
Other (2) | 648 | 607 | 41 | 7
Total consolidated net revenues | $6,489 | $7,500 | $(1,011) | (13)


Question: What was net revenues from retail channels in 2019?
Answer: 909
In October 2013, the Company ceased to allow new employees to join certain defined benefit plans, except under certain circumstances, and commenced a defined contribution pension plan for new employees.
The Company made contributions of $1.2 million for various defined contribution arrangements during 2019 (December 31, 2018 — $0.9 million).
The Company’s funding policy is to make contributions to its defined benefit pension funds based on actuarial cost methods as permitted and required by pension regulatory bodies. Contributions reflect actuarial assumptions concerning future investment returns, salary projections and future service benefits. Plan assets are represented primarily by Canadian and foreign equity securities, fixed income instruments and short-term investments.
The Company provides certain health care and life insurance benefits for some of its retired employees and their dependents. Participants are eligible for these benefits generally when they retire from active service and meet the eligibility requirements for the pension plan. These benefits are funded primarily on a pay-as-you-go basis, with the retiree generally paying a portion of the cost through contributions, deductibles and coinsurance provisions.
The balance sheet obligations, distributed between pension and other post-employment benefits, included in other long-term liabilities (Note 23) were as follows:
Table:
As at December 31, | 2019 | 2018
Pension benefits | $8,566 | $10,905
Other post-employment benefits | 23,508 | 21,330
Accrued benefit liabilities | $32,074 | $32,235


Question: What are the respective contributions made by the company for various defined contribution arrangements in 2018 and 2019 respectively?
Answer: $0.9, $1.2
Fiscal 2017 Plan
We initiated a restructuring plan in the first quarter of fiscal 2017 to reduce complexity by means of long-term structural improvements (the Fiscal 2017 Plan), under which we reduced headcount and closed certain facilities. These actions were completed in fiscal 2019 at a cumulative cost of $289 million.
Our restructuring, transition and other costs are presented in the table below:
Included in our fiscal 2018 other exit and disposal costs is a $29 million impairment charge related to certain land and buildings previously reported as property and equipment that were reclassified to assets held for sale.
As of March 29, 2019, the restructuring liabilities were not significant.
Table:
 |  | Year Ended | 
(In millions) | March 29, 2019 | March 30, 2018 | March 31, 2017
Severance and termination benefit costs | $28 | $61 | $76
Other exit and disposal costs | 15 | 52 | 80
Asset write-offs | 2 | 25 | 23
Transition costs | 196 | 272 | 94
Total restructuring, transition and other costs | $241 | $410 | $273


Question: What does the table represent?
Answer: Our restructuring, transition and other costs
entergy arkansas , inc . and subsidiaries management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities . results of operations net income 2011 compared to 2010 net income decreased $ 7.7 million primarily due to a higher effective income tax rate , lower other income , and higher other operation and maintenance expenses , substantially offset by higher net revenue , lower depreciation and amortization expenses , and lower interest expense . 2010 compared to 2009 net income increased $ 105.7 million primarily due to higher net revenue , a lower effective income tax rate , higher other income , and lower depreciation and amortization expenses , partially offset by higher other operation and maintenance expenses . net revenue 2011 compared to 2010 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .

Table:
 | amount ( in millions )
2010 net revenue | $ 1216.7
retail electric price | 31.0
ano decommissioning trust | 26.4
transmission revenue | 13.1
volume/weather | -15.9 ( 15.9 )
net wholesale revenue | -11.9 ( 11.9 )
capacity acquisition recovery | -10.3 ( 10.3 )
other | 3.2
2011 net revenue | $ 1252.3
the retail electric price variance is primarily due to a base rate increase effective july 2010 .
see note 2 to the financial statements for more discussion of the rate case settlement .
the ano decommissioning trust variance is primarily related to the deferral of investment gains from the ano 1 and 2 decommissioning trust in 2010 in accordance with regulatory treatment .
the gains resulted in an increase in 2010 in interest and investment income and a corresponding increase in regulatory charges with no effect on net income. .

Question: what was the ratio of the net income increase in 2010 to the decrease in 2011
Answer: 13.7
Calculation: divide(105.7, 7.7)
M. Property and Equipment, Net
Property and equipment, net, as of the periods presented consisted of the following (table in millions):
As of January 31, 2020, construction in progress primarily represented various buildings and site improvements that had not yet been placed into service.
Depreciation expense was $234 million, $211 million and $206 million during the years ended January 31, 2020, February 1, 2019 and February 2, 2018, respectively.
Table:
 | January 31, 2020 | February 1, 2019
Equipment and software | $1,404 | $1,448
Buildings and improvements | 1,088 | 991
Furniture and fixtures | 120 | 116
Construction in progress | 106 | 56
Total property and equipment | 2,718 | 2,611
Accumulated depreciation | (1,438) | (1,449)
Total property and equipment, net | $1,280 | $1,162


Question: Which years did construction in progress exceed $100 million?
Answer: 1
Calculation: 2020
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The final fair values of the assets acquired and liabilities assumed from our acquisitions in 2018 are as follows:
Table:
 | Trek | Electrostatic Product Line | LumaSense | Total
Accounts and other receivable, net | $ 2,818 | $  77 | $  7,167 | $ 10,062
Inventories | 3,941 | 292 | 9,372 | 13,605
Property and equipment | 594 | 50 | 1,353 | 1,997
Goodwill | — | 1,220 | 36,258 | 37,478
Intangible assets | 788 | 1,400 | 43,240 | 45,428
Deferred income tax assets | 606 | — | 6,331 | 6,937
Other assets | 854 | — | 6,004 | 6,858
Total assets acquired | 9,601 | 3,039 | 109,725 | 122,365
Accounts payable | 747 | 39 | 5,734 | 6,520
Deferred income tax liabilities | — | — | 11,699 | 11,699
Other liabilities | 2,782 | — | 7,608 | 10,390
Total liabilities assumed | 3,529 | 39 | 25,041 | 28,609
Total fair value of net assets acquired | $ 6,072 | $  3,000 | $  84,684 | $ 93,756


Question: What was the difference between the fair value of Inventories between Trek and LumaSense?
Answer: 5431
Calculation: 9,372-3,941
(a) Description of segments and principal activities (continued)                                                                                                                   The chief operating decision-makers assess the performance of the operating segments mainly based on segment revenue and gross profit of each operating segment. The selling and marketing expenses and general and administrative expenses are common costs incurred for these operating segments as a whole and therefore, they are not included in the measure of the segments’ performance which is used by the chief operating decisionmakers as a basis for the purpose of resource allocation and assessment of segment performance. Interest income, other gains/(losses), net, finance income/(costs), net, share of profit/(loss) of associates and joint ventures and income tax expense are also not allocated to individual operating segment.
There were no material inter-segment sales during the years ended 31 December 2019 and 2018. The revenues from external customers reported to the chief operating decision-makers are measured in a manner consistent with that applied in the consolidated income statement.
Other information, together with the segment information, provided to the chief operating decision-makers, is measured in a manner consistent with that applied in these consolidated financial statements. There were no segment assets and segment liabilities information provided to the chief operating decision-makers.
The segment information provided to the chief operating decision-makers for the reportable segments for the years ended 31 December 2019 and 2018 is as follows:
Table:
 | VAS | FinTech and Business Services | Online Advertising | Others | Total
 | RMB’Million | RMB’Million | RMB’Million | RMB’Million | RMB’Million
Segment revenues | 199,991 | 101,355 | 68,377 | 7,566 | 377,289
Gross profit | 105,905 | 27,524 | 33,517 | 587 | 167,533
Depreciation | 3,461 | 6,669 | 2,065 | 108 | 12,303
Amortisation | 14,710 | – | 9,977 | 3,115 | 27,802


Question: How much is the VAS depreciation?
Answer: 3,461
repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2012 to december 31 , 2012 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .

Table:
 | total number ofshares ( or units ) purchased1 | average price paidper share ( or unit ) 2 | total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3 | maximum number ( or approximate dollar value ) of shares ( or units ) that mayyet be purchased under theplans or programs3
october 1 - 31 | 13566 | $ 10.26 | 0 | $ 148858924
november 1 - 30 | 5345171 | $ 9.98 | 5343752 | $ 195551133
december 1 - 31 | 8797959 | $ 10.87 | 8790000 | $ 99989339
total | 14156696 | $ 10.53 | 14133752 | 
1 includes shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .
we repurchased 13566 withheld shares in october 2012 , 1419 withheld shares in november 2012 and 7959 withheld shares in december 2012 , for a total of 22944 withheld shares during the three-month period .
2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program .
3 on february 24 , 2012 , we announced in a press release that our board had approved a share repurchase program to repurchase from time to time up to $ 300.0 million of our common stock ( the 201c2012 share repurchase program 201d ) , in addition to amounts available on existing authorizations .
on november 20 , 2012 , we announced in a press release that our board had authorized an increase in our 2012 share repurchase program to $ 400.0 million of our common stock .
on february 22 , 2013 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million of our common stock .
the new authorization is in addition to any amounts remaining available for repurchase under the 2012 share repurchase program .
there is no expiration date associated with the share repurchase programs. .

Question: what percentage of total shares were purchased in october?
Answer: 0.0958%
Calculation: divide(13566, 14156696), multiply(#0, const_100)
In 2019, Global Financing delivered external revenue of $1,400 million and total revenue of $2,632 million, with a decrease in gross margin of 2.7 points to 58.8 percent. Total pre-tax income of $1,055 million decreased 22.5 percent compared to 2018 and return on equity decreased 5.0 points to 25.8 percent.
Global Financing total revenue decreased 17.8 percent compared to the prior year. This was due to a decrease in internal revenue of 23.5 percent, driven by decreases in internal used equipment sales (down 27.4 percent to $862 million) and internal financing (down 12.6 percent to $370 million). External revenue declined 11.9 percent due to decreases in external financing (down 8.5 percent to $1,120 million) and external used equipment sales (down 23.4 percent to $281 million).
The decrease in internal financing revenue was due to lower average asset balances, partially offset by higher asset yields. The decrease in external financing revenue reflects the wind down of the OEM IT commercial financing operations.
Sales of used equipment represented 43.4 percent and 48.5 percent of Global Financing’s revenue for the years ended December 31, 2019 and 2018, respectively. The decrease in 2019 was due to a lower volume of internal used equipment sales. The gross profit margin on used sales was 52.2 percent and 54.2 percent for the years ended December 31, 2019 and 2018, respectively. The decrease in the gross profit margin was driven by lower margins on internal used equipment sales.
Global Financing pre-tax income decreased 22.5 percent year to year primarily driven by a decrease in gross profit ($422 million), partially offset by a decrease in total expense ($115 million), which was mainly driven by a decline in IBM shared expenses in line with the segment’s performance, a lower provision for credit losses and a gain from the sale of certain commercial financing capabilities in the first quarter of 2019.
The decrease in return on equity from 2018 to 2019 was primarily due to lower net income. Refer to page 45 for the details of the after-tax income and return on equity calculations.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change
External revenue | $1,400 | $1,590 | (11.9) %
Internal revenue | 1,232 | 1,610 | (23.5)
Total revenue | $2,632 | $3,200 | (17.8) %
Pre-tax income | $1,055 | $1,361 | (22.5) %


Question: What percentage of total revenue is Pre-tax income in 2019?
Answer: 40.08
Calculation: 1,055 / 2,632