hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Restatement – changes to the presentation of financial income and expenses
Due to the significant variations in SEK exchange rates during the year, the Company has considered the change in reporting of foreign exchange effect to reflect how foreign exchange transaction risk is managed on a net basis in the Company. Previously foreign exchange effects were reported within both financial income and financial expenses depending on whether they relate to assets or liabilities.
In note F2, “Financial income and expenses,” the foreign exchange effect is now presented as a net amount, reported separately from other financial income and expenses items. The comparative years 2018 and 2017 have been
restated to reflect the new presentation of Financial income and expenses, net. The restatement does not impact the total net financial income and expenses reported in prior years.
The following table shows the impact of the restatement:
In line with this change the Company also elected to present all financial income and expenses, including the foreign exchange effect, on the income statement as a single line item Financial income and expenses, net. Previously,
financial income and financial expenses were presented as separate line items on the income statement. The income statement for all comparative years 2018 and 2017 have been restated to reflect the new presentation of Financial
income and expenses, net.
Table:
Financial income and expenses |  | 
SEK million | 2018 | 2017
Reported in prior years |  | 
Reported in prior years | –316  | –372 
Financial expenses | –2,389  | –843 
Total | –2,705  | –1,215 
SEK million | 2018 | 2017
Restated |  | 
Financial income | 151 | –50 
Financial expenses | –2,032  | –1,570 
Net foreign exchange gains and losses | –824  | 405
Total | -2,705 | –1,215


Question: What is the restated total of financial income, expenses and net foreign exchange gains and losses in 2017?
Answer: –1,215
Profit or loss for the period after taxes
The current result of METRO China was reclassified in the consolidated income statement under the item ‘profit or loss for the period from discontinued operations after taxes’, taking into account necessary consolidation measures. To increase the economic meaningfulness of the earnings statement of the continuing sector, its shares in the consolidation effects were also included in the discontinued section of the earnings statement as far as they were related to business relations that are to be upheld in the long term even after the planned disposal. The previous year’s figures of the income statement were adjusted accordingly.
Profit or loss for the period from discontinued operations after taxes is attributable to the shareholders of METRO AG in the amount of €118 million (2017/18: €87 million). Noncontrolling interests account for €5 million of earnings (2017/18: €1 million).
In connection with the divestment process, expenses in the low 2-digit million euros range have been incurred to date.
As a result, profit or loss for the period from discontinued operations after taxes is made up as follows for METRO China:
Table:
€ million | 2017/2018 | 2018/2019
Sales | 2,680 | 2,901
Expenses | −2,563 | −2,736
Current earnings from discontinued operations before taxes | 117 | 165
Income taxes on gains/losses on the current result | −29 | −43
Current earnings from discontinued operations after taxes | 88 | 122
Gains/losses from the remeasurement or disposal of discontinued operations before taxes | 0 | 0
Gains/losses from the remeasurement or disposal of discontinued operations after taxes | 0 | 0
Profit or loss for the period from discontinued operations after taxes | 88 | 122


Question: What was the change in Sales in FY2019 from FY2018?
Answer: 221
Calculation: 2,901-2,680
The following table presents summary results for each of our three businesses for each of fiscal 2019 , 2018 and 2017 :
(1) Cloud and license revenues presented for management reporting included revenues related to cloud and license obligations that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our consolidated statements of operations for the periods presented due to business combination accounting requirements. See Note 9 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total consolidated revenues as reported in our consolidated statements of operations
(2) The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or non-operating income, net. refer to the table below for a reconciliation of our total margin for operating segments to our income before provision for income taxes as reported per our consolidated statements of operations.
Table:
Year Ended May 31, |  |  | 
(in millions) | 2019 | 2018 | 2017
Cloud and license: |  |  | 
revenues (1) | $32,582 | $32,041 | $30,452
Cloud services and license support expenses | 3,597 | 3,441 | 2,881
Sales and marketing expenses | 7,398 | 7,213 | 6,770
Margin (2) | $21,587 | $21,387 | $20,801
Hardware: |  |  | 
revenues | $3,704 | $3,994 | $4,152
Hardware products and support expenses | 1,327 | 1,547 | 1,618
Sales and marketing expenses | 520 | 643 | 825
Margin (2) | $1,857 | $1,804 | $1,709
Services: |  |  | 
revenues | $3,240 | $3,395 | $3,359
Services expenses | 2,703 | 2,729 | 2,661
Margin (2) | $537 | $666 | $698
Totals: |  |  | 
revenues (1) | $39,526 | $39,430 | $37,963
Expenses | 15,545 | 15,573 | 14,755
Margin (2) | $23,981 | $23,857 | $23,208


Question: Which note can one refer to for an explanation of adjustments made?
Answer: See Note 9 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total consolidated revenues as reported in our consolidated statements of operations
7 OTHER GAINS, NET
Note: (a) The disposal and deemed disposal gains of approximately RMB8,492 million recognised during the year ended 31 December 2019 mainly comprised the following:
– net gains of approximately RMB4,859 million (2018: RMB1,661 million) on dilution of the Group’s equity interests in certain associates due to new equity interests being issued by these associates (Note 21). These investee companies are principally engaged in Internet-related business; and
– aggregate net gains of approximately RMB3,633 million (2018: RMB1,271 million) on disposals, partial disposals or deemed disposals of various investments of the Group.
(b) Net fair value gains on FVPL of approximately RMB9,511 million (Note 24) recognised during the year ended 31 December 2019 mainly comprised the following:
– aggregate gains of approximately RMB1,886 million (2018: RMB22,215 million) arising from reclassification of several investments principally engaged in Internet-related business from FVPL to investments in associates due to the conversion of the Group’s redeemable instruments or preferred shares of these investee companies into their ordinary shares and the Group has board representation upon their respective initial public offerings (“IPO”); and
– net gains of approximately RMB7,625 million (2018: RMB6,523 million) from fair value changes of FVPL.
Table:
 | 2019 | 2018
 | RMB’Million | RMB’Million
Net gains on disposals and deemed disposals of investee companies (Note (a)) | 8,492 | 2,932
Net fair value gains on FVPL (Note (b)) | 9,511 | 28,738
Subsidies and tax rebates | 4,263 | 3,456
Impairment provision/(reversal) for investee companies and intangible assets arising from acquisitions (Note (c)) | (4,006) | (17,577)
Net fair value gains on other financial instruments (Note 27 and Note 38) | 1,647 | 1,019
Dividend income | 1,014 | 686
Donations to Tencent Charity Funds | (850) | (730)
Others | (382) | (1,810)
 | 19,689 | 16,714


Question: How much is the 2019 subsidies and tax rebates?
Answer: 4,263
Deferred Compensation Plans
Under our deferred compensation plans (‘‘plans’’), eligible employees are permitted to make compensation deferrals up to established limits set under the plans and accrue income on these deferrals based on reference to changes in available investment options. While not required by the plan, we choose to invest in insurance contracts and mutual funds in order to approximate the changes in the liability to the employees. These investments and the liability to the employees were as follows (in thousands):
Life insurance premiums loads, policy fees and cost of insurance that are paid from the asset investments and gains and losses from the asset investments for these plans are recorded as components of other income or expense; such amounts were net gains of $1.1 million in fiscal 2019, $4.8 million in fiscal 2018 and $5.0 million (including a $1.3 million death benefit) in fiscal 2017. Changes in the obligation to plan participants are recorded as a component of operating expenses and cost of sales; such amounts were net losses of $1.5 million in fiscal 2019, $5.2 million in fiscal 2018 and $3.9 million in fiscal 2017. Liabilities associated with participant balances under our deferred compensation plans are affected by individual contributions and distributions made, as well as gains and losses on the participant’s investment allocation election.
Table:
 | Fiscal year-end | 
 | 2019 | 2018
Total deferred compensation liability, included in: |  | 
Other current liabilities | $3,233 | $844
Other long-term liabilities | 39,715 | 40,895
Total deferred compensation liability | $42,948 | $41,739


Question: What was the percentage change in Other current liabilities from 2018 to 2019?
Answer: 283.06
Calculation: (3,233-844)/844
Sales and Marketing Expense
Sales and marketing expense increased by $18.1 million in 2019 compared to 2018. The increase was primarily due to a $15.5 million increase in employee-related costs, which includes stock-based compensation, associated with our increased headcount from 286 employees as of December 31, 2018 to 345 employees as of December 31, 2019. The remaining increase was principally the result of a $1.2 million increase in trade show and advertising costs and a $1.0 million increase attributed to office related expenses to support the sales team.
Table:
 | Year Ended December 31, |  | Change | 
 | 2019 | 2018 | $ | %
 |  | (dollars in thousands) |  | 
Sales and marketing | $ 87,731 | $ 69,608 | $ 18,123 | 26.0%
% of revenue | 44% | 47% |  | 


Question: What was the average Sales and marketing expenses for 2018 and 2019?
Answer: 78669.5
Calculation: (87,731 + 69,608) / 2
(1) Using the euro per US dollar exchange rate on December 31, 2019 of €1 = $1.1213.
(2) Since May 23, 2019 Mr. Manzi has not been a member of the Supervisory Board.
(3) Global indirect employees are all employees other than those directly manufacturing our products.
We do not have any service agreements with members of our Supervisory Board. We did not extend any loans or overdrafts to any of our Supervisory Board members. Furthermore, we have not guaranteed any debts or concluded any leases with any of our Supervisory Board members or their families.
Table:
 | 2019 | 2018 | 2017
Directors' remuneration |  |  | 
Average remuneration of Supervisory Board Members(1) | $105,066(2) | $ 115,618 | $ 123,281
Company's performance |  |  | 
Net revenues (amounts in millions) | $ 9,556 | $ 9,664 | $ 8,347
Operating income (amounts in millions) | $ 1,203 | $ 1,400 | $ 1,005
Average remuneration of all global indirect employees (FTE basis) (3) |  |  | 
Employees | $ 97,300 | $ 100,600 | $ 93,500


Question: What is the percentage increase / (decrease) in Operating income from 2018 to 2019?
Answer: -14.07
Calculation: 1,203 / 1,400 - 1
Stock-Based Compensation
The Company recognized total stock-based compensation cost related to equity incentive awards as follows (in thousands):
A small portion of stock-based compensation cost above is capitalized in accordance with the accounting guidance for internal-use software. The Company uses the straight-line attribution method for recognizing stock-based compensation expense.
Table:
 |  | For the Year Ended December 31, | 
 | 2019 | 2018 | 2017
Stock-based compensation cost: |  |  | 
Common stock warrants | $— | $512 | $484
Stock options | 16,489 | 13,279 | 11,295
Restricted stock units | 14,585 | 90 | —
Employee stock purchase plan | 3,326 | 2,069 | —
Total stock-based compensation cost | $34,400 | $15,950 | $11,779


Question: What is the percentage change in total stock based compensation cost between 2017 and 2018?
Answer: 35.41
Calculation: (15,950 - 11,779)/11,779
14. Selected Quarterly Financial Data (Unaudited)
Selected quarterly financial data for 2019 and 2018 is as follows (in thousands, except per share amounts):
Table:
 |  | Quarter Ended |  | 
 | March 31, | June 30, | September 30, | December 31,
 | 2019 | 2019 | 2019 | 2019
Revenue | $50,290 | $49,189 | $52,833 | $60,316
Gross profit | $38,040 | $37,918 | $40,913 | $46,876
Net income (loss) | $(12,272) | $(5,771) | $173 | $51
Net loss per share-basic | $(0.16) | $(0.08) | $— | $—
Net loss per share-diluted | $(0.16) | $(0.08) | $— | $—
 |  | Quarter | Ended | 
 | March 31, | June 30, | September 30, | December 31,
 | 2018 | 2018 | 2018 | 2018
Revenue | $49,183 | $60,713 | $60,502 | $61,825
Gross profit | $37,299 | $47,526 | $47,488 | $48,014
Net loss | $(19,670) | $(4,532) | $(1,807) | $(1,608)
Net loss per share-basic | $(0.27) | $(0.06) | $(0.02) | $(0.02)
Net loss per share-diluted | $(0.27) | $(0.06) | $(0.02) | $(0.02)


Question: What is the difference in revenue between December 31,2018 to December 31,2019?
Answer: -1509
Calculation: $60,316-$61,825
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. .

Table:
2009 | $ 19766
2010 | 18182
2011 | 25518
2012 | 21029
2013 | 24578
2014 2013 2018 | 118709
substantially all of the company 2019s u.s .
employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .
the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .
the company matches a percentage of employees 2019 contributions up to certain limits .
in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .
beginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .
in addition , the company has several defined contribution plans outside of the united states .
the company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively .
the company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 .
annual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international .
in 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) .
contributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 .
the company 2019s liability related to the vap at december 31 , 2007 was $ 986 .
the expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively .
note 12 .
postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .
employees and retirees hired before july 1 , 2007 .
the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .
the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .

Question: what is the variation observed in the expected benefits payment in 2009 and 2010?
Answer: 1584
Calculation: subtract(19766, 18182)
5. Goodwill and Purchased Intangible Assets
(a) Goodwill
The following tables present the goodwill allocated to our reportable segments as of July 27, 2019 and July 28, 2018, as well as the changes to goodwill during fiscal 2019 and 2018 (in millions):
“Other” in the tables above primarily consists of foreign currency translation as well as immaterial purchase accounting adjustments.
Table:
 | Balance at July 28, 2018 | Acquisitions & Divestitures | Other | Balance at July 27, 2019
Americas | $19,998 | $1,240 | $(118) | $21,120
EMEA | 7,529 | 486 | (38) | 7,977
APJC | 4,179 | 274 | (21) | 4,432
Total | $31,706 | $2,000 | $(177) | $33,529


Question: Which years does the table provide information for the goodwill associated to the company's reportable segments?
Answer: 2019, 2018
FY19 Financial Results
FY19 Challenges
While we saw improvements in some areas of our business, our overall performance and stock price was negatively impacted by several significant factors: • Revenue and business momentum in our former Enterprise Security segment declined in FY19. • The Company was subject to an internal investigation, which was commenced and completed by the Audit Committee of the Board (the ‘‘Audit Committee’’) in connection with concerns raised by a former employee. • We announced a restructuring plan pursuant to which we targeted reductions of our global workforce of up to approximately 8%. • Our executive leadership team was in transition with announced executive officer departures in November 2018 and January 2019.
Table:
 | Fiscal 2019 | Fiscal 2018
(In millions, except for per share amounts) | (‘‘FY19’’) | (‘‘FY18’’)
Net revenues | $4,731 | $4,834
Operating income | 380 | 49
Net income | 31 | 1,138
Net income per share — diluted | 0.05 | 1.70
Net cash provided by operating activities | 1,495 | 950


Question: How many diluted shares were there in FY19 ?
Answer: 620000000
Calculation: (31 millions)/0.05
14. Net Loss Per Share
Basic net loss per common share for the years ended December 31, 2019 and 2018 was computed by dividing the net loss attributable to Neonode Inc. for the relevant period by the weighted average number of shares of common stock outstanding during the year. Diluted loss per common share is computed by dividing net loss attributable to Neonode Inc. for the relevant period by the weighted average number of shares of common stock and common stock equivalents outstanding during the year.
Potential common stock equivalents of approximately 0 and 350,000 outstanding stock warrants, 0 and 11,000 shares issuable upon conversion of preferred stock and 0 and 0 stock options are excluded from the diluted earnings per share calculation for the years ended December 31, 2019 and 2018, respectively, due to their anti-dilutive effect.
Table:
(In thousands, except per share amounts) | Years ended December 31, | 
 | 2019 | 2018
BASIC AND DILUTED |  | 
Weighted average number of common shares outstanding | 8,844 | 5,884
Net loss attributable to Neonode Inc. | $(5,298) | $(3,060)
Net loss per share basic and diluted | $(0.60) | $(0.52)


Question: How did the company compute the basic net loss per common share for 2018 and 2019?
Answer: by dividing the net loss attributable to Neonode Inc. for the relevant period by the weighted average number of shares of common stock outstanding during the year
Selling, General and Administrative Expense
NM—Not meaningful
Total selling, general and administrative (SG&A) expense increased 6.4 percent in 2019 versus 2018, driven primarily by the following factors: • Higher spending (5 points) driven by Red Hat spending (5 points); and • Higher acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat acquisition (3 points); partially offset by • The effects of currency (2 points).
Operating (non-GAAP) expense increased 3.4 percent year to year primarily driven by the same factors excluding the acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat transaction.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change
Selling, general and administrative expense |  |  | 
Selling, general and administrative—other | $17,099 | $16,438 | 4.0%
Advertising and promotional expense | 1,647 | 1,466 | 12.3
Workforce rebalancing charges | 555 | 598 | (7.2)
Amortization of acquired intangible assets | 762 | 435 | 74.9
Stock-based compensation | 453 | 361 | 25.2
Bad debt expense | 89 | 67 | 32.5
Total consolidated selling, general and administrative expense | $20,604 | $19,366 | 6.4%
Non-operating adjustments |  |  | 
Amortization of acquired intangible assets | (762) | (435) | 74.9
Acquisition-related charges | (282) | (15) | NM
Operating (non-GAAP) selling, general and administrative expense | $19,560 | $18,915 | 3.4%


Question: What was the average of Advertising and promotional expense?
Answer: 1556.5
Calculation: (1,647 + 1,466) / 2
The following is a roll forward of accrued restructuring charges for fiscal 2019 and fiscal 2018 (in millions):
The liability for restructuring and other exit costs of $47.8 million is included in accrued liabilities and other long-term liabilities, on the Company's consolidated balance sheets as of March 31, 2019.
Table:
 | Restructuring |  | Non-Restructuring | 
 | Employee Separation Costs | Exit Costs | Exit Costs | Total
Balance at March 31, 2017 | $5.4 | $34.8 | $— | $40.2
Charges | 1.2 | 0.7 | 20.0 | 21.9
Payments | (5.9) | (9.2) | (0.9) | (16.0)
Non-cash - Other | (0.2) | 1.0 | — | 0.8
Changes in foreign exchange rates | 0.3 | — | — | 0.3
Balance at March 31, 2018 | 0.8 | 27.3 | 19.1 | 47.2
Additions due to Microsemi acquisition | 10.4 | 9.0 | — | 19.4
Charges | 48.9 | (4.7) | — | 44.2
Payments | (47.1) | (13.1) | (4.1) | (64.3)
Non-cash - Other | — | 0.7 | 0.7 | 1.4
Changes in foreign exchange rates | (0.1) | — | — | (0.1)
Balance at March 31, 2019 | $12.9 | $19.2 | $15.7 | $47.8
Current |  |  |  | $26.9
Non-current |  |  |  | 20.9
Total |  |  |  | $47.8


Question: How many years did the total balance exceed $45 million?
Answer: 2
Calculation: 2019##2018
Quarterly Financial Data (Unaudited)
Quarterly results for the years ended June 30, 2019 and 2018 are as follow (in thousands, except per share amounts).
Table:
 | June 30,
2019 | March 31,
2019 | December 31,
2018 | September 30,
2018
Net revenues  | $252,359 | $250,864 | $252,680 | $239,886
Gross profit  | $138,946 | $138,919 | $141,299 | $132,071
Net (loss) income (1)  | $(17,055) | $(6,932) | $7,199 | $(9,065)
Net (loss) income per share – basic  | $(0.14) | $(0.06) | $0.06 | $(0.08)
Net (loss) income per share – diluted  | $(0.14) | $(0.06) | $0.06 | $(0.08)


Question: What was the change in the net revenues between March 31 and June 30, 2019?
Answer: 1495
Calculation: 252,359-250,864