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


Question: What is the percentage of granted RSUs as a percentage of outstanding RSUs at December 2016?
Answer: 84.55
Calculation: (3,005/3,554)
Accounts Receivable and Allowance for Doubtful Accounts
The majority of our accounts receivable are derived from sales to large multinational semiconductor manufacturers throughout the world, are recorded at their invoiced amount and do not bear interest.
In order to monitor potential credit losses, we perform ongoing credit evaluations of our customers' financial condition. An allowance for doubtful accounts is maintained based upon our assessment of the expected collectability of all accounts receivable. The allowance for doubtful accounts is reviewed and assessed for adequacy on a quarterly basis.
We take into consideration (1) any circumstances of which we are aware of a customer's inability to meet its financial obligations and (2) our judgments as to prevailing economic conditions in the industry and their impact on our customers. If circumstances change, and the financial condition of our customers is adversely affected and they are unable to meet their financial obligations, we may need to take additional allowances, which would result in an increase in our operating expense.
Activity related to our allowance for doubtful accounts receivable was as follows (in thousands):
Table:
 |  | Fiscal Year Ended | 
 | December 28, 2019 | December 29, 2018 | December 30, 2017
Balance at beginning of year | $185 | $200 | $299
Charges (reversals) to costs and expenses | 37 | (15) | (99)
Balance at end of year | $222 | $185 | $200


Question: What is the main source of accounts receivable?
Answer: derived from sales to large multinational semiconductor manufacturers throughout the world
Notes:
(1) Mobile penetration rate, market share and market position pertained to India market only.
(2) Based on number of mobile customers.
(3) Compared against 31 March 2018 and based on aggregate mobile customers.
Table:
 | Telkomsel | AIS | Airtel (1) | Globe
Country mobile penetration rate | 123% | 139% | 90% | 138%
Market share, 31 March 2019 (2) | 51.1% | 45.2% | 28.0% | 56.6%
Market share, 31 March 2018 (2) | 48.5% | 44.8% | 25.7% | 52.1%
Market position (2) | #1 | #1 | #2 | #1
Mobile customers (‘000) |  |  |  | 
- Aggregate | 168,642 | 41,491 | 384,078 | 83,490
- Proportionate | 59,025 | 9,676 | 144,770 | 39,307
Growth in mobile customers (3) (%) | -13% | 3.6% | -2.9% | 32%


Question: Which market does the information reflect for Airtel?
Answer: India
the following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : .

Table:
tower cash flow for the three months ended december 31 2007 | $ 177724
consolidated cash flow for the twelve months ended december 31 2007 | $ 668123
less : tower cash flow for the twelve months ended december 31 2007 | -683200 ( 683200 )
plus : four times tower cash flow for the three months ended december 31 2007 | 710896
adjusted consolidated cash flow for the twelve months ended december 31 2007 | $ 695819
non-tower cash flow for the twelve months ended december 31 2007 | $ -48012 ( 48012 )
.

Question: what portion of consolidated cashflow for the twelve months ended december 31 , 2007 is related to tower cash flow twelve months?
Answer: 102.3%
Calculation: divide(683200, 668123)
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
(a) Cisco common stock is traded on the Nasdaq Global Select Market under the symbol CSCO. Information regarding quarterly cash dividends declared on Cisco’s common stock during fiscal 2019 and 2018 may be found in Supplementary Financial Data on page 106 of this report. There were 39,216 registered shareholders as of August 30, 2019.
(b) Not applicable.
(c) Issuer purchases of equity securities (in millions, except per-share amounts):
On September 13, 2001, we announced that our Board of Directors had authorized a stock repurchase program. On February 13, 2019, our Board of Directors authorized a $15 billion increase to the stock repurchase program. As of July 27, 2019, the remaining authorized amount for stock repurchases under this program, including the additional authorization, is approximately $13.5 billion with no termination date.
For the majority of restricted stock units granted, the number of shares issued on the date the restricted stock units vest is net of shares withheld to meet applicable tax withholding requirements. Although these withheld shares are not issued or considered common stock repurchases under our stock repurchase program and therefore are not included in the preceding table, they are treated as common stock repurchases in our financial statements as they reduce the number of shares that would have been issued upon vesting (see Note 14 to the Consolidated Financial Statements).
Table:
Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
April 28, 2019 to May 25, 2019 | 42 | $54.33 | 42 | $15,700
May 26, 2019 to June 22, 2019 | 22 | $55.07 | 22 | $14,465
June 23, 2019 to July 27, 2019 | 18 | $56.46 | 18 | $13,460
Total | 82 | $54.99 | 82 | 


Question: What was the total amount paid for the shares during the period from April 28, 2019 to May 25, 2019 and May 26, 2019 to June 22, 2019?
Answer: 3493.4
Calculation: (42*54.33)+(22*55.07)
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange where it trades under the symbol aa . the company 2019s quarterly high and low trading stock prices and dividends per common share for 2015 and 2014 are shown below. .

Table:
quarter | 2015 high | 2015 low | 2015 dividend | 2015 high | 2015 low | dividend
first | $ 17.10 | $ 12.65 | $ 0.03 | $ 12.97 | $ 9.82 | $ 0.03
second | 14.29 | 11.15 | 0.03 | 15.18 | 12.34 | 0.03
third | 11.23 | 7.97 | 0.03 | 17.36 | 14.56 | 0.03
fourth | 11.18 | 7.81 | 0.03 | 17.75 | 13.71 | 0.03
year | 17.10 | 7.81 | $ 0.12 | 17.75 | 9.82 | $ 0.12
the number of holders of record of common stock was approximately 10101 as of february 11 , 2016. .

Question: considering the fourth quarter , what is the variation between the low trading stock prices during 2014 and 2015?
Answer: 5.9
Calculation: subtract(13.71, 7.81)
Operating costs
Total Group adjusted operating costs were up $8.3 million or 3.1 per cent in 2019 compared to last year, broadly in line with inflation. The emphasis remained on effective resource allocation and careful cost management. The overall investment in product development was maintained, with continuing focus on high-growth, high-margin areas. Investment in the sales and marketing organisation was targeted on expanding our key account management programme to drive incremental business with our most valuable customers and developing routes to market for our new technologies to a broadening customer base. Administration costs in 2019 reflected an inflationary increase and higher corporate costs, primarily due to CEO transition.
Segmentally, investment continued in Networks & Security, where we see the most near-term opportunities for growth, particularly in relation to 400G high-speed Ethernet and our Positioning business. A new General Manager joined Lifecycle Service Assurance in October and a review is in progress to evolve the business and optimise the organisational structure to expand the customer base and deliver on our growth agenda. Proactive cost management has once again been demonstrated within Connected Devices, where we have seen a decrease in legacy product revenue year-on-year. As stated above, corporate costs in 2019 included costs associated with CEO transition.
Note
1. Before exceptional items, acquisition related costs, acquired intangible asset amortisation and share-based payment amounting to $4.3 million in total (2018 $19.6 million).
Table:
$ million | 2019 | 2018
Product development | 96.5 | 96.9
Selling and marketing | 129.2 | 123.9
Administration1 | 50.0 | 46.6
Adjusted operating costs1 | 275.7 | 267.4
Networks & Security | 158.4 | 148.9
Lifecycle Service Assurance | 70.5 | 70.5
Connected Devices | 38.2 | 40.8
Corporate | 8.6 | 7.2
Adjusted operating costs1 | 275.7 | 267.4


Question: For adjusted operating costs, what was the amount of  Before exceptional items, acquisition related costs, acquired intangible asset amortisation and share-based payment in 2019?
Answer: $4.3 million in total
Operating income in the Industrial Solutions segment increased $78 million in fiscal 2019 from fiscal 2018. The Industrial Solutions segment’s operating income included the following:
Excluding these items, operating income increased in fiscal 2019 primarily as a result of higher volume and improved manufacturing productivity.
Table:
 |  | Fiscal
 | 2019 | 2018
 |  | (in millions)
Acquisition-related charges: |  | 
Acquisition and integration costs | $  10 | $  6
Charges associated with the amortization of acquisition-related fair value adjustments | 3 | 4
 | 13 | 10
Restructuring and other charges, net | 63 | 80
Other items | 2 | —
Total | $  78 | $  90


Question: For which years was the operating income in the Industrial Solutions segment calculated?
Answer: 2019, 2018
NOTE L – INCOME TAXES
On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act makes broad and complex changes to the U.S. tax code, including, but not limited to, the following that impact the Company: (1) reducing the U.S. federal corporate income tax rate from 35 percent to 21 percent; (2) eliminating the corporate alternative minimum tax; (3) creating a new limitation on deductible interest expense; (4) limiting the deductibility of certain executive compensation; and (5) limiting certain other deductions.
The Company follows ASC 740-10 “Income Taxes” which requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statement or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between financial statements and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.
Deferred income taxes include the net tax effects of net operating loss (NOL) carry forwards and the temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets are as follows:
Table:
 | 2019 | 2018
Deferred Tax Assets: |  | 
Net operating loss carry forwards | $20,772,428 | $20,342,559
Intangibles | 207,618 | 318,178
Credits | 28,022 | 112,086
Other | 506,349 | 613,202
Total deferred tax assets | 21,514,417 | 21,386,025
Deferred Tax Liabilities: |  | 
Intangibles | – | –
Total deferred tax liabilities | – | –
Valuation allowance | (21,486,396) | (21,386,025)
Net deferred tax asset | $28,021 | $–


Question: How are deferred tax liabilities and assets determined under ASC 740-10?
Answer: determined based on the difference between financial statements and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse
Financial Highlights
International Business Machines Corporation and Subsidiary Companies
* Includes charges of $0.1 billion in 2019 and $2.0 billion in 2018 associated with U.S. tax reform.
** See page 46 for a reconciliation of net income to operating earnings.
Table:
($ in millions except per share amounts) |  | 
For the year ended December 31: | 2019 | 2018
Revenue | $ 77,147 | $ 79,591
Net Income | 9,431* | 8,728*
Income from continuing operations | 9,435* | 8,723*
Operating (non-GAAP) earnings** | $ 11,436 | $ 12,657
Earnings per share of common stock—continuing operations |  | 
Assuming dilution | 10.57* | 9.51*
Basic | 10.63 | 9.56*
Diluted operating (non-GAAP)** | $  12.81 | $  13.81
Net cash provided by operating activities | $ 14,770 | $ 15,247
Capital expenditures, net | $  2,370 | $  3,716
Share repurchases | $  1,361 | $  4,443
Cash dividends paid on common stock | $  5,707 | $  5,666
Per share of common stock | $   6.43 | $   6.21
At December 31: | 2019 | 2018
Cash, cash equivalents, restricted cash and marketable securities | $  9,009 | $ 12,222
Total assets | $152,186 | $123,382
Working capital | $    718 | $ 10,918
Total debt | $ 62,899 | $ 45,812
Total equity | $ 20,985 | $ 16,929
Common shares outstanding (in millions) | 887 | 892
Stock price per common share | $ 134.04 | $ 113.67


Question: What are the total assets increase / (decrease) from 2018 to 2019?
Answer: 28804
Calculation: 152,186 - 123,382
12. Income taxes
Income taxes include the taxes on income paid or owed in the individual countries as well as deferred taxes.
1 Adjustment of previous year according to explanation in notes.
The income tax rate of the German companies of METRO consists of a corporate income tax of 15.00% plus a 5.50% solidarity surcharge on corporate income tax as well as the trade tax of 14.70% given an average assessment rate of 420.00%. All in all, this results in an aggregate tax rate of 30.53%. The tax rates are unchanged from the previous year. The income tax rates applied to foreign companies are based on the respective laws and regulations of the individual countries and vary within a range of 0.00% (2017/18: 0.00%) and 34.94% (2017/18: 44.41%).
At €298 million (2017/18: €216 million), recognised income tax expenses are €81 million higher than in the previous year. In addition to an increase in pre-tax earnings, the change is due to higher expenses for impairments on deferred taxes, among other things.
Table:
€ million | 2017/2018 | 2018/2019
Actual taxes | 173 | 215
thereof Germany | (14) | (9)
thereof international | (159) | (206)
thereof tax expenses/income of current period | (194) | (221)
thereof tax expenses/income of previous periods | (−21) | (−6)
Deferred taxes | 43 | 83
thereof Germany | (39) | (104)
thereof international | (4) | (−21)
 | 216 | 298


Question: In which year were the recognised income tax expenses larger?
Answer: 2018/2019
Calculation: 298>216
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 “Tax Fees” consist of?
Answer: Fees for professional services for tax compliance, tax advice and tax planning
Note 20 Trade payables and other liabilities
(1) Represents BCE’s obligation to repurchase the BCE Master Trust Fund’s (Master Trust Fund) 9% interest in MLSE at a price not less than an agreed minimum price should the Master Trust Fund exercise its put option. The obligation to repurchase is marked to market each reporting period and the gain or loss is recorded in Other expense in the income statements.
Table:
FOR THE YEAR ENDED DECEMBER 31 | NOTE | 2019 | 2018
Trade payables and accruals |  | 2,604 | 2,535
Compensation payable |  | 589 | 589
Maple Leaf Sports and Entertainment Ltd. (MLSE) financial liability (1) | 26 | 135 | 135
Taxes payable |  | 101 | 129
Derivative liabilities | 26 | 49 | 27
Severance and other costs payable |  | 35 | 63
Provisions | 23 | 33 | 66
CRTC tangible benefits obligation | 26 | 28 | 38
CRTC deferral account obligation | 26 | 13 | 16
Other current liabilities |  | 367 | 343
Total trade payables and other liabilities |  | 3,954 | 3,941


Question: What is the total amount of taxes payable in 2018 and 2019?
Answer: 230
Calculation: 101+129
Executive Director Fixed Pay increases
The Committee has approved Fixed Pay increases of 4% for the CEO and 3% for the CFO, effective from 1 January 2020. This is in line with the average increase awarded to the wider Unilever workforce in 2019 of 3.6%. These increases were awarded to recognise the strong leadership of both individuals in 2019, which was Alan Jope’s first year in the CEO role and a year of transformation for Unilever generally. We also wanted to recognise Graeme Pitkethly’s seniority in his role, coming into his 5th year as CFO.
When our CEO Alan Jope was appointed on 1 January 2019 he was appointed with Fixed Pay 14% below that of what the Committee proposed for his predecessor and at the lower quartile of our remuneration benchmarking peer group, despite Unilever being one of the largest companies in this peer group. This positioning was intentional, given Alan’s internal promotion on appointment. However, subject to Alan’s continuing good performance the Committee will, over time, continue to review his Fixed Pay positioning and progress this towards the market median benchmark.
* MCIP at maximum (67%) investment of bonus.
Table:
 | Alan Jope CEO €'000 p.a. |  | Graeme Pitkethly CFO €'000 p.a. | 
 | 2019 | 2020 | 2019 | 2020
Fixed Pay | 1,450 | 1,508 | 1,103 | 1,136
Annual Bonus | 2,175 | 2,262 | 1,323 | 1,363
MCIP* Match share award | 2,186 | 2,273 | 1,330 | 1,370
Target Total Pay | 5,811 | 6,043 | 3,756 | 3,869
Personal MCIP* Investment in | 67% | 67% | 67% | 67%
Unilever shares | 1,457 | 1,516 | 886 | 913


Question: What is the increase in the Fixed Pay approved by the committee?
Answer: The Committee has approved Fixed Pay increases of 4% for the CEO and 3% for the CFO, effective from 1 January 2020.
Remaining Performance Obligation Associated with Non-Lease Arrangements
A majority of the Company’s revenue is provided over a contract term. When allocating the total contract transaction price to identified performance obligations, a portion of the total transaction price relates to performance obligations that are yet to be satisfied or are partially satisfied as of the end of the reporting period.
In determining the transaction price allocated to remaining performance obligations, the Company does not include non- recurring charges and estimates for usage.
Remaining performance obligations associated with the Company’s contracts reflect recurring charges billed, adjusted to reflect estimates for sales incentives and revenue adjustments.
The table below reflects an estimate of the remaining transaction price of fixed fee, non-lease revenue arrangements to be recognized in the future periods presented. The table below does not include estimated amounts to be recognized in future periods associated with variable usage-based consideration.
Table:
 | Year Ended June 30, |  |  |  |  |  | 
 | 2020 | 2021 | 2022 | 2023 | 2024 | Thereafter | Total
 | (in millions) |  |  |  |  |  | 
Reportable Segment |  |  |  |  |  |  | 
Zayo Networks | 621.4 | 295.9 | 117.4 | 36.7 | 14.1 | 17.5 | 1,103.0
zColo | 21.7 | 11.0 | 6.2 | 3.5 | 2.5 | 2.0 | 46.9
Allstream | 110.3 | 26.7 | 11.8 | 1.6 | 0.3 | — | 150.7
Total | $753.4 | $333.6 | $135.4 | $41.8 | $16.9 | $19.5 | $1,300.6


Question: In which years does the company expect Allstream to have amount of higher than 10 million?
Answer: 2020, 2021, 2022
Calculation: 110.3##26.7##11.8
Industry Overview
According to WSTS (an industry research firm), worldwide semiconductor industry sales were $412.1 billion in 2019, a decrease of approximately 12.1% from $468.8 billion in 2018. We participate in unit and revenue surveys and use data summarized by WSTS to evaluate overall semiconductor market trends and to track our progress against the market in the areas we provide semiconductor components. The following table sets forth total worldwide semiconductor industry revenue since 2015:
(1) Based on shipment information published by WSTS. We believe the data provided by WSTS is reliable, but we have not independently verified it. WSTS periodically revises its information. We assume no obligation to update such information.
As indicated above, worldwide semiconductor sales increased from $335.2 billion in 2015 to $412.1 billion in 2019. The decrease of 12.1% from 2018 to 2019 was the result of decreased demand for semiconductor products. Our revenue decreased by $360.4 million, or 6.1%, from 2018 to 2019.
Table:
Year Ended December 31, | Worldwide Semiconductor Industry Sales (1) | Percentage Change
 | (in billions) | 
2019 | $412.1 | (12.1)%
2018 | $468.8 | 13.7%
2017 | $412.2 | 21.6%
2016 | $338.9 | 1.1%
2015 | $335.2 | (0.2)%


Question: What is the average Worldwide Semiconductor Industry Sales for Year Ended December 31, 2018 to 2019?
Answer: 440.45
Calculation: (412.1+468.8) / 2
Expected Future Pension Benefit Payments
Future benefit payments are expected to be paid as follows:
Table:
 | United States | Foreign
 | (in thousands) | 
2020 | $8,027 | $1,237
2021 | 8,416 | 985
2022 | 9,163 | 982
2023 | 9,785 | 1,258
2024 | 10,558 | 1,098
2025-2029 | 59,665 | 6,129


Question: What would the percentage change in Expected Future Pension Benefit Payments under the United States in 2022 from 2021 be?
Answer: 8.88
Calculation: (9,163-8,416)/8,416