hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Compensation of Key Management Personnel (Including Directors)
Short-term employee benefits comprise fees, salaries, benefits and bonuses earned during the year as well as nonmonetary benefits.
Post-employment benefits comprise the cost of providing defined contribution pensions to senior management in respect of the current period.
Share-based payments comprise the cost of senior management’s participation in share-based payment plans for the period as measured by the fair value of awards in accordance with IFRS2.
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Short-term employee benefits | 6.6 | 9.1
Post-employment benefits | 0.1 | 0.1
Share-based payments - equity-settled | 10.4 | 17.7
Total | 17.1 | 26.9


Question: What are the components making up the total Compensation of Key Management Personnel in the table?
Answer: Short-term employee benefits, Post-employment benefits, Share-based payments - equity-settled
Segments
We are organized into two reportable operating segments: OLS and ILS. While both segments deliver cost-effective, highly reliable photonics solutions, OLS is focused on high performance laser sources and complex optical sub-systems, typically used in microelectronics manufacturing, medical diagnostics and therapeutic applications, as well as in scientific research. ILS delivers high performance laser sources, sub-systems and tools primarily used for industrial laser materials processing, serving important end markets like automotive, machine tool, consumer goods and medical device manufacturing.
The following table sets forth, for the periods indicated, the amount of net sales and their relative percentages of total net sales by segment (dollars in thousands):
Net sales for fiscal 2019 decreased $471.9 million, or 25%, compared to fiscal 2018, with decreases of $372.8 million, or 30%, in our OLS segment and decreases of $99.1 million, or 15%, in our ILS segment. The fiscal 2019 decreases in both OLS and ILS segment sales included decreases due to the unfavorable impact of foreign exchange rates.
The decrease in our OLS segment sales in fiscal 2019 was primarily due to weaker demand resulting in lower shipments of ELA tools used in the flat panel display market and lower revenues from consumable service parts.
The decrease in our ILS segment sales from fiscal 2018 to fiscal 2019 was primarily due to lower sales for materials processing and microelectronics applications, partially offset by higher sales for medical and military applications within the OEM components and instrumentation market.
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
OEM Laser Sources (OLS) | $886,676 | 62.0% | $1,259,477 | 66.2%
Industrial Lasers & Systems (ILS) | 543,964 | 38.0% | 643,096 | 33.8%
Total | $1,430,640 | 100.0% | $1,902,573 | 100.0%


Question: In which years was the operating segment data provided?
Answer: 2019, 2018
The following is a summary of stock option activity during fiscal 2019:
Net income before income taxes included compensation expense related to the amortization of the Company’s stock option awards of $0.1 million during both fiscal 2019 and fiscal 2018. At September 2019, total unamortized compensation expense related to stock options was approximately $0.3 million. This unamortized compensation expense is expected to be amortized over approximately the next 38 months.
The aggregate intrinsic value of stock options exercisable was approximately $0.2 million and $0.3 million at September 2019 and September 2018, respectively.
The total intrinsic value of stock options exercised was $0.1 million in both fiscal 2019 and fiscal 2018. The total fair value of stock options vested was $0.4 million during both fiscal 2019 and fiscal 2018.
Table:
 | Number of Shares | Weighted Average Exercise Price
Outstanding at September 2018 | 33,800 | $  77.85
Granted | 5,450 | 84.00
Exercised | (2,800) | 79.22
Forfeited/Expired | — | —
Outstanding at September 2019 | 36,450 | $  78.67


Question: What is the respective total intrinsic value of stock options exercised in 2018 and 2019?
Answer: $0.1 million, $0.1 million
Historical Cash Flows
The following table sets forth our cash flows for the periods indicated (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Cash flows from operating activities | $47,112 | $60,710 | $57,187
Cash flows used in investing activities | (73,414) | (13,377) | (168,795)
Cash flows (used in) / from financing activities | (130) | 2,399 | 67,303


Question: Which years does the table provide information for the company's cash flows for?
Answer: 2019, 2018, 2017
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 is the increase / (decrease) in revenue from 2018 to 2019?
Answer: -2444
Calculation: 77,147 - 79,591
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
10. OTHER NON-CURRENT LIABILITIES
Other non-current liabilities consisted of the following:
The reduction in Deferred rent liability is a result of the Company’s adoption of the new lease accounting standard.
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Deferred rent liability | $— | $506.7
Unearned revenue | 525.9 | 504.6
Other miscellaneous liabilities | 411.1 | 253.8
Other non-current liabilities | $937.0 | $1,265.1


Question: What was the change in unearned revenue between 2018 and 2019?
Answer: 21.3
Calculation: 525.9-504.6
a. For the years ended December 31, 2017, 2018 and 2019, the Company recognized NT$118,252 million, NT$123,795 million and NT$122,999 million, respectively, in operating costs, of which NT$2,256 million, NT$1,698 million and NT$820 million in 2017, 2018 and 2019, respectively, were related to write-down of inventories.
b. None of the aforementioned inventories were pledged.
Table:
As of December 31, |  | 
 | 2018 | 2019
 | NT$ | NT$
 | (In Thousands) | (In Thousands)
Raw materials | $3,766,056 | $5,102,571
Supplies and spare parts | 3,133,737 | 3,548,376
Work in process | 10,034,488 | 11,309,718
Finished goods | 1,268,838 | 1,754,137
Total | $18,203,119 | $21,714,802


Question: What was the percentage increase / (decrease) in the Finished goods from 2018 to 2019?
Answer: 38.25
Calculation: 1,754,137 / 1,268,838 - 1
Actual STI Bonus Amounts Authorized. The actual amounts of the NEOs’ 2019 bonuses were calculated as
follows:
(1) Determined based on earned salary and applicable STI target bonus percentage during 2019 and includes pro-rations for any changes to salary and/or STI target bonus percentage described below.
a) Target Bonus Opportunity for Mr. Storey reflects his salary earned during 2019 of $1,800,011 and a STI target bonus percentage of 200%.
b) Target Bonus Opportunity for Mr. Dev reflects his salary earned during 2019 of $650,000 and a STI target bonus percentage of 120%.
c) Target Bonus Opportunity for Mr. Goff reflects his salary earned during 2019 of $600,018 and a STI target bonus percentage of 120%.
d) Target Bonus Opportunity for Mr. Trezise reflects his salary earned during 2019 with a salary increase, from $475,010 to $500,011, effective on February 23, 2019, and an increase of STI target bonus percentage from 80% to 90%, also effective on February 23, 2019.
e) Target Bonus Opportunity for Mr. Andrews reflects his salary earned during 2019 with a salary increase, from $425,006 to $525,000, effective on August 21, 2019, and a STI target bonus percentage of 100%.
(2) Calculated or determined as discussed above under “—2019 Performance Results.”
(3) Determined based on achievement of individual performance objectives as described further above in this Subsection.
Committee Discretion to Pay in Cash or Shares. The Committee may authorize the payment of annual bonuses in cash or shares of common stock. Since 2000, the Committee has paid these bonuses entirely in cash, principally to diversify our compensation mix and to conserve shares in our equity plans.
Recent Actions (February 2020). In connection with establishing targets for the 2020 STI program, the Committee increased Mr. Dev’s STI Target Bonus Percentage to 125%, in light of his position to market and performance as CFO, and made no changes to the target bonus percentage for any of our other NEOs.
Table:
 | 2019 STI Bonus Amounts |  |  |  |  |  | 
Named Officer | Target Bonus Opportunity (1) | X | Company Performance % (2) | X | Discretionary Adjustment for Individual Performance(3) | = | STI Bonus Amount
Current Executives: |  |  |  |  |  |  | 
Jeffrey K. Storey | $3,600,022 |  | 97% |  | 100% |  | $3,492,021
Indraneel Dev | 780,000 |  | 97% |  | 110% |  | 832,260
Stacey W. Goff | 720,021 |  | 97% |  | 100% |  | 698,420
Scott A. Trezise | 439,654 |  | 97% |  | 110% |  | 469,111
Shaun C. Andrews | 461,442 |  | 97% |  | 110% |  | 492,359


Question: How is the discretionary adjustment for individual performance determined?
Answer: based on achievement of individual performance objectives
Note 12. Current liabilities - trade and other payables
Accounting policy for trade and other payables 

These amounts represent liabilities for goods and services provided to the Group prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.
Deferred consideration 

The payable represents the obligation to pay consideration following the acquisition of a business or assets and is deferred based on passage of time. It is measured at the present value of the estimated liability.
Table:
Consolidated |  | 
 | 2019 | 2018
 | US$’000 | US$’000
Trade payables | 3,492 | 2,016
Deferred consideration | 888 | 643
Other payables | 11,898 | 9,488
 | 16,278 | 12,147


Question: How is the payable measured?
Answer: It is measured at the present value of the estimated liability.
The operating expense line items in our income statement include the following share-based payment expenses:
Share-Based Payment Expenses by Functional Area
In 2019, we paid €79 million in share-based payments that became fully vested because of terminations due to operational reasons in connection with our restructuring plan. These payments as well as the expense portion initially allocated to future services were classified as share-based payments and not as restructuring expenses.
Table:
€ millions | 2019 | 2018 | 2017
Cost of cloud and software | 138 | 78 | 115
Cost of services | 246 | 142 | 158
Research and development | 429 | 210 | 269
Sales and marketing | 562 | 312 | 442
General and administration | 461 | 88 | 135
Share-based payment expenses | 1,835 | 830 | 1,120
Thereof cash-settled share-based payments | 1,664 | 674 | 963
Thereof equity-settled share-based payments | 171 | 156 | 157


Question: What was the percentage change in Cost of cloud and software in 2019 from 2018?
Answer: 76.92
Calculation: (138-78)/78
Revenue from external customers, classified by significant product and service offerings, was as follows:
Our commercial cloud revenue, which includes Office 365 Commercial, Azure, the commercial portion of LinkedIn, Dynamics 365, and other commercial cloud properties, was $38.1 billion, $26.6 billion and $16.2 billion in fiscal years 2019, 2018, and 2017, respectively. These amounts are primarily included in Office products and cloud services, Server products and cloud services, and LinkedIn in the table above.
Table:
 |  | (In millions) | 
Year Ended June 30, | 2019 | 2018 | 2017
Server products and cloud services | $ 32,622 | $ 26,129 | $ 21,649
Office products and cloud services | 31,769 | 28,316 | 25,573
Windows | 20,395 | 19,518 | 18,593
Gaming | 11,386 | 10,353 | 9,051
Search advertising | 7,628 | 7,012 | 6,219
LinkedIn | 6,754 | 5,259 | 2,271
Enterprise Services | 6,124 | 5,846 | 5,542
Devices | 6,095 | 5,134 | 5,062
Other | 3,070 | 2,793 | 2,611
Total | $  125,843 | $  110,360 | $   96,571


Question: How many revenue items are there?
Answer: 9
Calculation: Server products and cloud services## Office products and cloud services## Windows## Gaming## Search advertising## LinkedIn## Enterprise Services## Devices## Other
(4) Goodwill, Customer Relationships and Other Intangible Assets
Goodwill, customer relationships and other intangible assets consisted of the following:
Our goodwill was derived from numerous acquisitions where the purchase price exceeded the fair value of the net assets acquired (including the acquisition described in Note 2—Acquisition of Level 3). As of December 31, 2019, the weighted average remaining useful lives of the intangible assets were approximately 8 years in total, approximately 9 years for customer relationships, 4 years for capitalized software and 3 years for trade names.
Total amortization expense for intangible assets for the years ended December 31, 2019, 2018 and 2017 was $1.7 billion, $1.8 billion and $1.2 billion, respectively. As of December 31, 2019, the gross carrying amount of goodwill, customer relationships, indefinite-life and other intangible assets was $44.0 billion.
Table:
 | As of December 31 | 
 | 2019 | 2018
 | (Dollars in million) | 
Goodwill | $21,534 | 28,031
Customer relationships, less accumulated amortization of $9,809 and $8,492 | $7,596 | 8,911
Indefinite-life intangible assets | $269 | 269
Other intangible assets subject to amortization: |  | 
Capitalized software, less accumulated amortization of $2,957 and $2,616 | $1,599 | 1,468
Trade names, less accumulated amortization of $91 and $61 | 103 | 131
Total other intangible assets, net | $1,971 | 1,868


Question: What is the total amortization expense for intangible assets for 2017, 2018 and 2019?
Answer: 4.7
Calculation: $1.7+$1.8+$1.2
DEVELOPMENT OF EMPLOYEE NUMBERS BY SEGMENTS
Full-time equivalents1 as of the closing date of 30/9
1 Excluding METRO China.
Table:
 | 2018 | 2019
METRO | 86,239 | 82,979
METRO Germany | 11,816 | 11,760
METRO Western Europe (excl.Germany) | 24,073 | 24,044
METRO Russia | 13,884 | 12,288
METRO Eastern Europe (excl.Russia) | 28,264 | 27,589
METRO Asia | 8,202 | 7,298
Others | 6,916 | 7,067
METROAG | 863 | 837
Total | 94,018 | 90,883


Question: When were the employee numbers by segments calculated?
Answer: as of the closing date of 30/9
8 Directors’ emoluments
Directors represent the key management personnel of the Group under the terms of IAS 24 (Related Party Disclosures). Total remuneration is shown below.
Further details of salaries and short-term benefits, post-retirement benefits, share plans and long-term share incentive plans are shown in the Annual Report on Remuneration 2019 on pages 102 to 132. The share-based payments charge comprises a charge in relation to the Performance Share Plan and the Employee Share Ownership Plan (as described in Note 23).
Table:
 | 2019 | 2018
 | £m | £m
Salaries and short-term benefits | 4.1 | 3.7
Post-retirement benefits | 0.5 | 0.4
Share-based payments | 1.7 | 1.3
Total Directors' remuneration | 6.3 | 5.4


Question: What are the components considered in the calculation of the Total Directors' remuneration?
Answer: Salaries and short-term benefits, Post-retirement benefits, Share-based payments
For a particular tax-paying component of the Company and within a particular tax jurisdiction, all current deferred tax liabilities and assets are offset and presented as a single amount, similarly to non-current deferred tax liabilities and assets. The Company does not offset deferred tax liabilities and assets attributable to different tax-paying components or to different tax jurisdictions.
The net deferred tax assets are recorded in legal entities which have been historically profitable and are expected to be profitable in the next coming years.
Table:
 | December 31, 2019 | December 31, 2018
Tax loss carryforwards and investment credits | 612 | 603
Less unrecognized tax benefit | (21) | (20)
Tax loss carry forwards net of unrecognized tax benefit | 591 | 583
Inventory valuation | 28 | 28
Impairment and restructuring charges | 6 | 14
Fixed asset depreciation in arrears | 39 | 35
Increased depreciation incentives | 213 | 211
Capitalized development costs | 118 | 108
Receivables for government funding | 14 | 11
Tax credits granted on past capital investments | 1,151 | 1,155
Pension service costs | 81 | 65
Stock awards | 6 | 7
Operating lease liabilities | 40 | —
Commercial accruals | 15 | 12
Other temporary differences | 22 | 26
Total deferred tax assets | 2,324 | 2,255
Valuation allowances | (1,534) | (1,548)
Deferred tax assets, net | 790 | 707
Accelerated fixed asset depreciation | (20) | (16)
Acquired intangible assets | (16) | (13)
Advances of government funding | (31) | (12)
Operating lease right-of-use assets | (40) | —
Other temporary differences | (7) | (7)
Deferred tax liabilities | (114) | (48)
Net deferred income tax asset | 676 | 659


Question: What is the increase/ (decrease) in Deferred tax liabilities from December 31, 2018 to 2019?
Answer: 66
Calculation: 114-48
20 Trade and Other Receivables
Trade receivables are non interest-bearing and are generally on 30–90 day payment terms depending on the geographical territory in which sales are generated. The carrying value of trade and other receivables also represents their fair value. During the year-ended 31 March 2019 a provision for impairment of $0.6M (2018: $0.6M) was recognised in operating expenses against receivables.
The net contract acquisition expense deferred within the Consolidated Statement of Profit or Loss was $0.9M of the total $259.9M of Sales and Marketing costs (2018: $8.4M / $239.9M).
Table:
 | 31 March 2019 | 31 March 2018 Restated See note 2
 | $M | $M
Current |  | 
Trade receivables | 128.7 | 151.8
Prepayments | 26.9 | 23.1
Deferral of contract acquisition costs | 31.5 | 29.5
Other receivables | 8.2 | 6.4
Total current trade and other receivables | 195.3 | 210.8
Non-current |  | 
Deferral of contract acquisition costs | 15.1 | 16.2
Other receivables | 1.3 | 1.3
Total non-current trade and other receivables | 16.4 | 17.5


Question: What was the change in trade receivables in 2019 from 2018?
Answer: -23.1
Calculation: 128.7-151.8
Contract Liabilities
Contract liabilities include payments received in advance of performance under the contract, and are realized with the associated revenue recognized under the contract. The changes in our contract liabilities are as follows (in thousands):
The revenue recognized from amounts included in contract liabilities primarily relates to prepayment contracts with customers as well as payments of activation fees.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Beginning of period balance | $11,176 | $12,678
Revenue deferred and acquired in current period | 6,127 | 3,954
Revenue recognized from amounts included in contract liabilities | (6,805) | (5,456)
End of period balance | $10,498 | $11,176


Question: How many years did the Beginning of period balance exceed $11,000 thousand?
Answer: 2
Calculation: 2019##2018
Summarized 100% statement of financial position information for ASMPT equity method investment excluding basis adjustments (foreign currency exchange rate per December 31, 2019 was 1 HK$: €0.11432 for December 31, 2018: 1 HK$: €0.11151).
Equity of ASMPT per December 31, 2019 translated into euros at a rate of 0.11432 was €1,329 million (our 25.19% share: €335 million).
The ASMPT Board is responsible for ongoing monitoring of the performance of the Back-end activities. The actual results of the Back-end operating unit are discussed with the ASMPT Audit Committee, which includes the representative of ASMI. The ASMI representative reports to the ASMI Management Board and the Audit Committee of ASMI on a quarterly basis.
Our share of income taxes incurred directly by the associates is reported in result from investments in associates and as such is not included in income taxes in our consolidated financial statements.
Table:
 | December 31, | 
(HK$ million) | 2018 | 2019
Current assets | 15,168 | 13,381
Non-current assets | 5,907 | 7,464
Current liabilities | 7,792 | 4,432
Non-current liabilities | 1,122 | 4,781
Equity | 12,161 | 11,632


Question: What is the current liability to current assets ratio for 2019?
Answer: 0.33
Calculation:  4,432 / 13,381
Accumulated Benefit Obligation
The following table provides information for the plans with an accumulated benefit obligation for fiscal years 2019 and 2018 (in thousands):
Table:
 | August 31, | 
 | 2019 | 2018
Projected benefit obligation | $174,690 | $161,104
Accumulated benefit obligation | $161,729 | $152,380
Fair value of plan assets | $158,101 | $151,715


Question: What was the fair value of plan assets in 2019?
Answer: $158,101