hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Depreciation and Amortization
Depreciation and amortization includes the following (in millions):
Computer software amortization for the year ended December 31, 2018 includes accelerated amortization of $1.7 million related to certain internally developed software. Deferred contract costs amortization for the years ended December 31, 2019, 2018 and 2017 includes accelerated amortization of $6.2 million, $3.4 million and $3.3 million, respectively.
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Computer software | $97.3 | $94.5 | $84.0
Other intangible assets | 59.3 | 57.2 | 67.8
Deferred contract costs | 42.9 | 32.9 | 25.7
Property and equipment | 36.7 | 32.4 | 29.0
Total | $236.2 | $217.0 | $206.5


Question: What was the change in property and equipment between 2017 and 2018?
Answer: 3.4
Calculation: 32.4-29.0
Selected financial data
Unaudited information
The selected financial data shown below include the results of Vodafone India as discontinued operations in all years following the agreement to combine it with Idea Cellular.
Notes: 1 See note 8 to the consolidated financial statements, “Earnings per share”. Earnings and dividends per ADS is calculated by multiplying earnings per ordinary share by ten, the number of ordinary shares per ADS.
2 On 19 February 2014, we announced a “6 for 11” share consolidation effective 24 February 2014. This had the effect of reducing the number of shares in issue from 52,821,751,216 ordinary shares (including 4,351,833,492 ordinary shares held in Treasury) as at the close of business on 18 February 2014 to 28,811,864,298 new ordinary shares in issue immediately after the share consolidation on 24 February 2014.
3 The final dividend for the year ended 31 March 2019 was proposed by the Directors on 14 May 2019 and is payable on 2 August 2019 to holders of record as of 7 June 2019. The total dividends have been translated into US dollars at 31 March 2019 for purposes of the above disclosure but the dividends are payable in US dollars under the terms of the ADS depositary agreement.
Table:
At/for the year ended 31 March | 2019 | 2018 | 2017 | 2016 | 2015
Consolidated income statement data (€m) |  |  |  |  | 
Revenue | 43,666 | 46,571 | 47,631 | 49,810 | 48,385
Operating (loss)/profit | (951) | 4,299 | 3,725 | 1,320 | 2,073
(Loss)/profit before taxation | (2,613) | 3,878 | 2,792 | (190) | 1,734
(Loss)/profit for financial year from continuing operations | (4,109) | 4,757 | (1,972) | (5,127) | 7,805
(Loss)/profit for the financial year | (7,644) | 2,788 | (6,079) | (5,122) | 7,477
Consolidated statement of financial position data (€m) |  |  |  |  | 
Total assets | 142,862 | 145,611 | 154,684 | 169,107 | 169,579
Total equity | 63,445 | 68,607 | 73,719 | 85,136 | 93,708
Total equity shareholders’ funds | 62,218 | 67,640 | 72,200 | 83,325 | 91,510
Earnings per share1,2 |  |  |  |  | 
Weighted average number of shares (millions) |  |  |  |  | 
– Basic | 27,607 | 27,770 | 27,971 | 26,692 | 26,489
– Diluted | 27,607 | 27,857 | 27,971 | 26,692 | 26,629
Basic (loss)/earnings per ordinary share | (29.05)c | 8.78c | (22.51)c | (20.25)c | 27.48c
Diluted (loss)/earnings per ordinary share | (29.05)c | 8.76c | (22.51)c | (20.25)c | 27.33c
Basic (loss)/earnings per share from continuing operations | (16.25)c | 15.87c | (7.83)c | (20.27)c | 28.72c
Cash dividends1,3 |  |  |  |  | 
Amount per ordinary share (eurocents) | 9.00c | 15.07c | 14.77c | – | –
Amount per ADS (eurocents) | 9.00c | 15.07c | 147.7c | – | –
Amount per ordinary share (pence) | – | – | – | 11.45p | 11.22p
Amount per ADS (pence) | – | – | – | 114.5p | 111.2p
Amount per ordinary share (US cents) | 10.10c | 17.93c | 18.52c | 16.49c | 16.65c
Amount per ADS (US cents) | 10.10c | 179.3c | 182.5c | 164.9c | 166.5c


Question: What financial items does the consolidated statement of financial position comprise of?
Answer: Total assets, Total equity, Total equity shareholders’ funds
table of contents part ii , item 8 schlumberger limited ( schlumberger n.v. , incorporated in the netherlands antilles ) and subsidiary companies shares of common stock issued treasury shares outstanding .

Table:
 | issued | in treasury | shares outstanding
balance january 1 2001 | 667085793 | -94361099 ( 94361099 ) | 572724694
employee stock purchase plan | 2013 | 1752833 | 1752833
shares granted to directors | 2013 | 4800 | 4800
shares sold to optionees | 8385 | 1399686 | 1408071
balance december 31 2001 | 667094178 | -91203780 ( 91203780 ) | 575890398
employee stock purchase plan | 2013 | 2677842 | 2677842
shares granted to directors | 2013 | 3500 | 3500
shares sold to optionees | 10490 | 2243400 | 2253890
acquisition of technoguide | 2013 | 1347485 | 1347485
balance december 31 2002 | 667104668 | -84931553 ( 84931553 ) | 582173115
employee stock purchase plan | 2013 | 2464088 | 2464088
shares granted to directors | 2013 | 3500 | 3500
shares sold to optionees | 1320 | 1306305 | 1307625
balance december 31 2003 | 667105988 | -81157660 ( 81157660 ) | 585948328
see the notes to consolidated financial statements 39 / slb 2003 form 10-k .

Question: what was amount of shares issued to directors during the period?
Answer: 11800
Calculation: add(4800, 3500), add(#0, 3500)
Definite-Lived Intangible Assets, Net
The following table summarizes the changes in the carrying amount of definite-lived intangible assets during the periods presented (table in millions):
Upon adoption of Topic 842 on February 2, 2019, leasehold interest of $116 million related to favorable terms of certain ground lease agreements was derecognized and adjusted to the carrying amount of the operating lease ROU assets and classified as other assets on the consolidated balance sheets. Prior to adoption, these assets were classified as intangible assets, net on the consolidated balance sheets.
Table:
 | January 31, 2020 | February 1, 2019
Balance, beginning of the year | $966 | $1,059
Additions to intangible assets related to business combinations | 622 | 154
Amortization expense | (300) | (247)
Derecognized leasehold interest | (116) | —
Balance, end of the year | $1,172 | $966


Question: What was the percentage change in the balance at the end of the year between 2019 and 2020?
Answer: 21.33
Calculation: (1,172-966)/966
Share buybacks
On 28 January 2019, Vodafone announced the commencement of a new irrevocable and non-discretionary share buy-back programme. The sole purpose of the programme was to reduce the issued share capital of Vodafone and thereby avoid any change in Vodafone’s issued share capital as a result of the maturing of the second tranche of the mandatory convertible bond (‘MCB’) in February 2019.
In order to satisfy the second tranche of the MCB, 799.1 of million shares were reissued from treasury shares on 25 February 2019 at a conversion price of £1.8021. This reflected the conversion price at issue (£2.1730) adjusted for the pound sterling equivalent of aggregate dividends paid from August 2016 to February 2019.
The share buyback programme started in February 2019 and is expected to complete by 20 May 2019. Details of the shares purchased under the programme, including those purchased under irrevocable instructions, are shown below.
Table:
 | Number of shares purchased | Average price paid per share inclusive of transaction costs | Total number of shares purchased under publicly announced share buyback programme | Maximum number of shares that may yet be purchased under the programme
Date of share purchase | 000s | Pence | 000s | 000s
February 2019 | 14,529 | 135.17 | 14,529 | 784,539
March 2019 | 305,099 | 140.56 | 319,628 | 479,440
April 2019 | 290,570 | 142.20 | 610,198 | 188,870
May 2019 (to date) | 116,228 | 140.11 | 726,426 | 72,642
Total | 726,426 | 141.04 | 726,426 | 72,642


Question: What percentage of total shares purchased is the April shares purchased?
Answer: 40
Calculation: 290,570/726,426
Electro-Magnetic, Sensors, and Actuators
The following table sets forth net sales, operating income, and operating income as a percentage of net sales for our MSA reportable segment in fiscal years 2019 and 2018 (amounts in thousands, except percentages).
Net Sales MSA net sales of $240.7 million in fiscal year 2019 increased $13.8 million or 6.1% from $227.0 million in fiscal year 2018. The increase in net sales was primarily driven by a $15.0 million increase in OEM sales in the JPKO region. Also contributing to the increase in net sales was a $4.3 million increase in EMS sales across all regions and a $3.7 million increase in distributor sales across the Americas and EMEA regions. These increase in net sales were partially offset by a $5.5 million decrease in distributor sales across the APAC and JPKO regions and a $3.8 million decrease in OEM sales across the Americas, APAC, and JPKO regions.
Reportable Segment Operating Income
Segment operating income of $22.5 million in fiscal year 2019 increased $6.9 million from $15.7 million in fiscal year 2018. The increase in operating income was primarily due to a $6.6 million decrease in SG&A expenses resulting from a decrease in payroll expenses that was caused by a reduction in head count. Also contributing to the increase in operating income was a $2.9 million decrease in restructuring charges, a $1.3 million decrease in net loss on write down and disposal of long-lived assets, and a $0.2 million decrease in R&D expenses. Partially offsetting these improvements was a $4.1 million decrease in gross margin, which was primarily driven by a change in the sales mix to lower margin products.
Table:
 |  | For the Fiscal Years Ended |  | 
 | March 31, 2019 |  | March 31, 2018 | 
Sales | Amount | % to Net Sales | Amount | % to Net Sales
Net sales | $240,740 |  | $226,964 | 
Segment operating income | 22,546 | 9.4% | 15,694 | 6.9%


Question: Which years does the table provide information for the net sales, operating income, and operating income as a percentage of net sales for the company's MSA segment?
Answer: 2019, 2018
The provision for income taxes differed from the provision computed by applying the Federal statutory rate to income (loss) from continuing operations before taxes due to the following:
The effective income tax rate was 18.9% and (141.8)% during the years ended December 31, 2019 and December 31, 2018, respectively. The decrease in 2019 compared to statutory tax rate of 21% was primarily due to deferred tax adjustments related to foreign tax credit carryforwards and state taxes, offset by changes in the valuation allowance and excess tax benefits resulting from the exercise of non-qualified stock options.
The effective tax rate for the year ended December 31,2018 was significantly impacted by recording a substantial increase in a valuation allowance on the entire deferred tax assets.
Table:
 | Year ended December 31, | 
 | 2019 | 2018
Federal statutory tax rate | 21.0% | 21.0%
State taxes | (4.5) | 4.4
Non deductible expenses | (0.3) | (0.6)
Tax credits | 4.0 | 4.6
Expired tax credit | (1.3) | (3.9)
Deferred tax adjustment | (4.8) | —
Stock based compensation | 1.9 | 0.8
Valuation allowance | 3.2 | (167.0)
Contingent purchase revaluation | — | (1.0)
Other | (0.3) | (0.1)
 | 18.9% | (141.8)%


Question: What is the change in Tax credits from December 31, 2018 and 2019?
Answer: -0.6
Calculation: 4.0-4.6
6.4 Deed of cross guarantee
Pursuant to the iSelect Deed of Cross Guarantee (“the Deed”) and in accordance with ASIC Class Order 98/1418, the subsidiaries identified with a ‘2’ in note 6.2 are relieved from the requirements of the Corporations Act 2001 relating to the preparation, audit and lodgment of their financial reports.
iSelect Limited and the subsidiaries identified with a ‘2’ in note 6.2 together are referred to as the “Closed Group”. The Closed Group, with the exception of General Brokerage Services Pty Ltd, Energy Watch Trading Pty Ltd, Procure Power Pty Ltd, Energy Watch Services Pty Ltd and iSelect International Pty Ltd entered into the Deed on 26 June 2013.
General Brokerage Services Pty Ltd, Energy Watch Trading Pty Ltd, Procure Power Pty Ltd and Energy Watch Services Pty Ltd entered into the Deed on 1 July 2014, the date they were acquired as part of the Energy Watch Group acquisition. iSelect International entered the Deed on 8 September 2014. The effect of the Deed is that iSelect Limited guarantees to each creditor payment in full of any debt in the event of winding up any of the entities in the Closed Group.
The consolidated income statement of the entities that are members of the Closed Group is as follows:
Table:
 | CONSOLIDATED | 
 | 2019 $’000 | 2018 $’000
Consolidated income statement |  | 
Loss from continuing operations before income tax | (20,111) | (21,033)
Income tax benefit | 5,949 | 6,734
Net loss for the year | (14,162) | (14,299)
Retained earnings at the beginning of the period | 4,101 | 30,790
Transferred in from divested subsidiary | (8,676) | -
Net loss for the year | (14,162) | (14,299)
Dividends paid | - | (12,390)
Retained earnings at the end of the year | (18,737) | 4,101


Question: What is the income tax benefit in 2019?
Answer: 5,949
Uncertain Tax Positions
As of fiscal year end 2019, we had total unrecognized income tax benefits of $542 million. If recognized in future years, $397 million of these currently unrecognized income tax benefits would impact income tax expense (benefit) and the effective tax rate. As of fiscal year end 2018, we had total unrecognized income tax benefits of $566 million. If recognized in future years, $467 million of these currently unrecognized income tax benefits would impact income tax expense (benefit) and the effective tax rate. The following table summarizes the activity related to unrecognized income tax benefits:
We record accrued interest and penalties related to uncertain tax positions as part of income tax expense (benefit). As of fiscal year end 2019 and 2018, we had $42 million and $60 million, respectively, of accrued interest and penalties related to uncertain tax positions on the Consolidated Balance Sheets, recorded primarily in income taxes. During fiscal 2019, 2018, and 2017, we recognized income tax benefits of $14 million, expense of $5 million, and benefits of $5 million, respectively, related to interest and penalties on the Consolidated Statements of Operations.
We file income tax returns on a unitary, consolidated, or stand-alone basis in multiple state and local jurisdictions, which generally have statutes of limitations ranging from 3 to 4 years. Various state and local income tax returns are currently in the process of examination or administrative appeal.
Our non-U.S. subsidiaries file income tax returns in the countries in which they have operations. Generally, these countries have statutes of limitations ranging from 3 to 10 years. Various non-U.S. subsidiary income tax returns are currently in the process of examination by taxing authorities.
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
 |  | (in millions) | 
Balance at beginning of fiscal year | $ 566 | $  501 | $ 490
Additions related to prior years tax positions | 13 | 14 | 40
Reductions related to prior years tax positions | (101) | (11) | (9)
Additions related to current year tax positions | 98 | 105 | 70
Settlements | (2) | (7) | (4)
Reductions due to lapse of applicable statute of limitations | (32) | (36) | (86)
Balance at end of fiscal year | $ 542 | $  566 | $ 501


Question: What was the percentage change in the Additions related to prior years tax positions in 2019 from 2018?
Answer: -7.14
Calculation: (13-14)/14
Accumulated Other Comprehensive Income
The table below details where reclassifications of realized transactions out of AOCI are recorded on the consolidated statements of income (amounts in millions).
Table:
 |  | Year ended March 31, |  | 
Description of AOCI Component | 2019 | 2018 | 2017 | Related Statement of Income Line
Unrealized losses on available-for-sale securities | $(5.6) | $(15.2) | $(1.5) | Other income, net
Amortization of actuarial loss | (1.0) | (0.8) | — | Other income, net
Reclassification of realized transactions, net of taxes | $(6.6) | $(16.0) | $(1.5) | Net Income


Question: Which years does the table provide information for reclassifications of realized transactions out of AOCI are recorded on the consolidated statements of income?
Answer: 2019, 2018, 2017
9. DEFERRED REVENUES
Deferred revenues consisted of the following:
Deferred cloud services and license support revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are typically billed in advance with corresponding revenues generally being recognized ratably over the contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed. Deferred cloud license and on-premise license revenues typically resulted from customer payments that related to undelivered products and services or specified enhancements.
In connection with our acquisitions, we have estimated the fair values of the cloud services and license support performance obligations assumed from our acquired companies. We generally have estimated the fair values of these obligations assumed using a cost build-up approach. The cost build-up approach determines fair value by estimating the costs related to fulfilling the obligations plus a normal profit margin. The sum of the costs and operating profit approximates, in theory, the amount that we would be required to pay a third party to assume these acquired obligations. These aforementioned fair value adjustments recorded for obligations assumed from our acquisitions reduced the cloud services and license support deferred revenues balances that we recorded as liabilities from these acquisitions and also reduced the resulting revenues that we recognized or will recognize over the terms of the acquired obligations during the post-combination periods.
Table:
 |  | May 31,
(in millions) | 2019 | 2018
Cloud services and license support | $7,340 | $7,265
Hardware | 635 | 645
Services | 360 | 404
Cloud license and on-premise license | 39 | 27
Deferred revenues, current | 8,374 | 8,341
Deferred revenues, non-current (in other non-current liabilities) | 669 | 625
Total deferred revenues | $9,043 | $8,966


Question: What is the average cloud services and license support deferred revenue from 2018 to 2019?
Answer: 7302.5
Calculation: (7,265+7,340)/2
The income tax (benefit) provision was charged to continuing operations or accumulated other comprehensive income (loss) as follows:
Prior year balances related to deferred tax assets and liabilities have been recast to net the federal effect of state taxes with the specific deferred tax asset or liability to which it relates
Table:
Year Ended December 31, |  |  | 
(dollars in millions) | 2019 | 2018 | 2017
Income tax (benefit) provision related to: |  |  | 
Continuing operations | $(10.6) | $9.4 | $26.7
Accumulated other comprehensive income (loss) | 0.2 | 1.3 | (28.3)


Question: What is the income tax (benefit) provision related to continuing operations in 2018?
Answer: $9.4
Income taxes. Income tax expense and effective annual income tax rates for fiscal 2019 and 2018, as well as information as to the effects of the U.S. Tax Reform in fiscal 2018, were as follows (dollars in millions):
(1) We believe the non-GAAP presentation of income tax expense and the effective annual tax rate excluding special tax items, the one-time employee bonus and restructuring charges provides additional insight over the change from the comparative reporting periods by isolating the impact of these significant, special items. In addition, the Company believes that its income tax expense, as adjusted, and effective tax rate, as adjusted, enhance the ability of investors to analyze the Company’s operating performance and supplement, but do not replace, its income tax expense and effective tax rate calculated in accordance with U.S. GAAP.
Income tax expense for fiscal 2019 was $17.3 million compared to $94.6 million for fiscal 2018. The decrease is primarily due to the $85.9 million impact of Tax
Reform that was recorded in fiscal 2018, which was partially offset by an increase in tax expense due to the global intangible low-taxed income provisions
("GILTI") of Tax Reform in fiscal 2019. Income tax expense also decreased by $10.5 million in fiscal 2019 as the Company reasserted that certain historical
undistributed earnings of two foreign subsidiaries will be permanently reinvested based on the expected working capital requirements of these two foreign
subsidiaries.
The $94.6 million of income tax expense recorded during fiscal 2018 included $85.9 million related to the enactment of Tax Reform. Included in the fiscal 2018 income tax expense was a $3.6 million benefit for the valuation allowance released against the net deferred tax assets in the U.S. as the Company is subject to GILTI.
Table:
 | 2019 | 2018
Income tax expense, as reported (GAAP) | $17.3 | $94.6
Accumulated foreign earnings assertion  | 10.5 | —
U.S. Tax Reform | (7.0) | (85.9)
Impact of other special tax items | 0.2 | (1.1)
Impact of valuation allowance release  | — | 3.6
Impact of one-time employee bonus | — | 0.3
Income tax expense, as adjusted (non-GAAP) (1) | $21.0 | $11.5


Question: What was the percentage change in the Income tax expense, as adjusted (non-GAAP) between 2018 and 2019?
Answer: 82.61
Calculation: (21.0-11.5)/11.5
The Group made an operating profit of $60.9 million in the year and adjusted operating profit increased by $50.7 million to $109.0 million, primarily as a result of strong revenue growth. This year's result benefited from a foreign exchange gain of $1.5 million, compared to a foreign exchange loss of $6.9 million in the prior-year.
The Group’s profit before taxation increased by $94.6 million to $53.6 million, from a loss of $41.0 million in the prior-year, primarily as a consequence of the $80.6 million improvement in operating profit supported by a $13.4 million reduction in finance expenses. Finance expenses benefited from foreign exchange gains in the current year resulting from the strengthening of both sterling and the euro against the US dollar, compared to foreign exchange losses in the prior-year.
The Group’s profit for the year increased by $87.8 million to $26.9 million in the year-ended 31 March 2019, which given only a small increase in the year-on-year income tax charge was primarily attributable to the improvement in the profit before taxation.
Cash flow from operating activities remained strong at $142.9 million, reduced by $4.8 million from $147.7 million in the prior-year. The small overall decrease was due to an increase in overheads, partially offset by a reduction in the cashflow outflow on exceptional items and an improved use of working capital. Unlevered free cashflow decreased by $15.8 million to $123.8 million representing the reduction in net cash flow from operating activities adjusted for the cashflow impact of exceptional items.
The table below presents the Group’s financial highlights on a reported basis:
1 Restated for the adoption of IFRS 15 and change in accounting policy in respect of research and development expenditure tax credit scheme and provision for interest on uncertain tax positions, as explained in note 2 of the Financial Statements
2 Definitions and reconciliations of non-GAAP measures are included in note 5 of the Financial Statements
Table:
 | FY19 | FY18 | Change
 | $M | $M | %
Statutory measures |  |  | 
Revenue | 710.6 | 639.0 | 11.2
Profit / (Loss) before taxation | 53.6 | (41.0) | nm
Net cash flow from operating activities | 142.9 | 147.7 | (3.2)
Alternative performance measures2 |  |  | 
Billings | 760.3 | 768.6 | (1.1)
Cash EBITDA | 167.9 | 199.2 | (15.7)
Adjusted operating profit | 109.0 | 58.3 | 87.0
Unlevered free cash flow | 123.8 | 139.6 | (11.3)


Question: In which year was Billings larger?
Answer: FY18
Calculation: 768.6>760.3