hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Contractual Obligations
The following table summarizes our contractual obligations as of November 29, 2019:
As of November 29, 2019, our Term Loan’s carrying value was $2.25 billion. At our election, the Term Loan will bear interest at either (i) the London Interbank Offered Rate (“LIBOR”) plus a margin, based on our debt ratings, ranging from 0.500% to 1.000% or (ii) a base rate plus a margin, based on our debt ratings, ranging from 0.040% to 0.110%. Interest is payable periodically, in arrears, at the end of each interest period we elect. Based on the LIBOR rate at November 29, 2019, our estimated maximum commitment for interest payments was $23.2 million for the remaining duration of the Term Loan.
As of November 29, 2019, the carrying value of our Notes payable was $1.89 billion. Interest on our Notes is payable semi-annually, in arrears on February 1 and August 1. At November 29, 2019, our maximum commitment for interest payments was $200.1 million for the remaining duration of our Notes.
Our Term Loan and Revolving Credit Agreement contain similar financial covenants requiring us not to exceed a maximum leverage ratio. As of November 29, 2019, we were in compliance with this covenant. We believe this covenant will not impact our credit or cash in the coming fiscal year or restrict our ability to execute our business plan. Our senior notes do not contain any financial covenants.
Under the terms of our Term Loan and Revolving Credit Agreement, we are not prohibited from paying cash dividends unless payment would trigger an event of default or if one currently exists. We do not anticipate paying any cash dividends in the foreseeable future.
Table:
(in millions) |  |  | Payment Due by Period |  | 
 | Total | Less than 1 year | 1-3 years | 3-5 years | More than 5 years
Term Loan and Notes, including interest | $4,373.3 | $3,227.0 | $65.0 | $65.0 | $1,016.3
Operating lease obligations, net | 711.5 | 88.7 | 158.0 | 126.9 | 337.9
Purchase obligations | 2,036.5 | 545.0 | 935.8 | 555.7 | —
Total | $7,121.3 | $3,860.7 | $1,158.8 | $747.6 | $1,354.2


Question: What is the estimated maximum commitment for interest payments for the remaining duration of the Term Loan based on the LIBOR rate?
Answer: $23.2 million
For 2019, we reported a net income of $1,032 million, compared to a net income of $1,287 million and $802 million for 2018 and 2017, respectively.
The 2019 net income represented diluted earnings per share of $1.14 compared to $1.41 and $0.89 for 2018 and 2017, respectively.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In millions) | 
Net income attributable to parent company | $1,032 | $1,287 | $802
As percentage of net revenues | 10.8% | 13.3% | 9.6%


Question: How much net income represented diluted earnings per share in 2017?
Answer: $0.89
intel corporation notes to consolidated financial statements ( continued ) the aggregate fair value of awards that vested in 2015 was $ 1.5 billion ( $ 1.1 billion in 2014 and $ 1.0 billion in 2013 ) , which represents the market value of our common stock on the date that the rsus vested . the grant-date fair value of awards that vested in 2015 was $ 1.1 billion ( $ 949 million in 2014 and $ 899 million in 2013 ) . the number of rsus vested includes shares of common stock that we withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements . rsus that are expected to vest are net of estimated future forfeitures . as of december 26 , 2015 , there was $ 1.8 billion in unrecognized compensation costs related to rsus granted under our equity incentive plans . we expect to recognize those costs over a weighted average period of 1.2 years . stock option awards as of december 26 , 2015 , options outstanding that have vested and are expected to vest were as follows : number of options ( in millions ) weighted average exercise weighted average remaining contractual ( in years ) aggregate intrinsic ( in millions ) .

Table:
 | number ofoptions ( in millions ) | weightedaverageexerciseprice | weightedaverageremainingcontractualterm ( in years ) | aggregateintrinsicvalue ( in millions )
vested | 43.8 | $ 21.07 | 1.8 | $ 609
expected to vest | 9.6 | $ 24.07 | 4.1 | $ 104
total | 53.4 | $ 21.61 | 2.2 | $ 713
aggregate intrinsic value represents the difference between the exercise price and $ 34.98 , the closing price of our common stock on december 24 , 2015 , as reported on the nasdaq global select market , for all in-the-money options outstanding .
options outstanding that are expected to vest are net of estimated future option forfeitures .
options with a fair value of $ 42 million completed vesting in 2015 ( $ 68 million in 2014 and $ 186 million in 2013 ) .
as of december 26 , 2015 , there was $ 13 million in unrecognized compensation costs related to stock options granted under our equity incentive plans .
we expect to recognize those costs over a weighted average period of approximately eight months. .

Question: what percentage of stock option awards are expected to vest as of december 26 , 2015?
Answer: 18%
Calculation: divide(9.6, 53.4)
Cash used in investing activities
Detail of the cash used in investing activities is included below for each year (dollars in millions).
2019 vs. 2018. The $8.8 million higher spend on investing activities during 2019 compared to 2018 was primarily related to an increase in capitalized costs associated with various internally-developed software projects, such as mobile application development and transaction processing, an increase in hardware costs primarily associated with our growing infrastructure needs and an increase in leasehold improvements associated with security build outs of expanded office space.
2018 vs. 2017. We had net cash used in investing activities of $6.6 million during 2018 compared to $4.1 million during 2017. The higher spend in 2018 was primarily related to an increase in software expenditures, most of which were capitalized costs related to internally-developed software, which consisted primarily of merchant experience enhancements and mobile application development. This activity was partially offset by lower infrastructure expenditures in 2018 compared to 2017, as we did not have any material changes to our leased premises during 2018.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Software | $12.7 | $5.4 | $2.3
Computer hardware | 1.2 | 0.8 | 0.8
Leasehold improvements | 0.9 | 0.2 | 0.5
Furniture | 0.6 | 0.2 | 0.5
Purchases of property, equipment and software | $15.4 | $6.6 | $4.1


Question: Which years did cash used in Furniture exceed $0.3 million?
Answer: 2019, 2017
Calculation: (2019:0.6),(2017:0.5)
Purchases of Accenture plc Class A Ordinary Shares
The following table provides information relating to our purchases of Accenture plc Class A ordinary shares during the fourth quarter of fiscal 2019. For year-to-date information on all of our share purchases, redemptions and exchanges and further discussion of our share purchase activity, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—Share Purchases and Redemptions.”
(1) Average price paid per share reflects the total cash outlay for the period, divided by the number of shares acquired, including those acquired by purchase or redemption for cash and any acquired by means of employee forfeiture.
(2) Since August 2001, the Board of Directors of Accenture plc has authorized and periodically confirmed a publicly
announced open-market share purchase program for acquiring Accenture plc Class A ordinary shares. During
the fourth quarter of fiscal 2019, we purchased 2,048,307 Accenture plc Class A ordinary shares under this
program for an aggregate price of $389 million. The open-market purchase program does not have an expiration
date
(3) As of August 31, 2019, our aggregate available authorization for share purchases and redemptions was $3,674 million, which management has the discretion to use for either our publicly announced open-market share purchase program or our other share purchase programs. Since August 2001 and as of August 31, 2019, the Board of Directors of Accenture plc has authorized an aggregate of $35.1 billion for share purchases and redemptions by Accenture plc and Accenture Canada Holdings Inc
(4) During the fourth quarter of fiscal 2019, Accenture purchased 66,017 Accenture plc Class A ordinary shares in transactions unrelated to publicly announced share plans or programs. These transactions consisted of acquisitions of Accenture plc Class A ordinary shares primarily via share withholding for payroll tax obligations due from employees and former employees in connection with the delivery of Accenture plc Class A ordinary shares under our various employee equity share plans. These purchases of shares in connection with employee share plans do not affect our aggregate available authorization for our publicly announced open-market share purchase and our other share purchase programs.
Table:
Period | Total Number of Shares Purchased | Average Price Paid per Share (1) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (3)
 |  |  |  | (in millions of U.S. dollars)
June 1, 2019 — June 30, 2019 | 801,659 | $183.18 | 785,600 | $3,924
July 1, 2019 — July 31, 2019 | 462,629 | $194.65 | 442,846 | $3,832
August 1, 2019 — August 31, 2019 | 850,036 | $193.23 | 819,861 | $3,674
Total (4) | 2,114,324 | $189.73 | 2,048,307 | 


Question: What is the total number of shares purchased by July 31, 2019?
Answer: 1264288
Calculation: 801,659 + 462,629
The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, which is generally the award vesting term of four years. Forfeitures are accounted for as they occur.
Total stock-based compensation cost capitalized in inventory was less than $0.8 million in the years ended December 31, 2019, 2018 and 2017.
As of December 31, 2019, $7.8 million of unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 2.1 years and $41.3 million of unrecognized compensation cost related to unvested RSUs is expected to be recognized over a weighted-average period of 2.2 years. If there are any modifications or cancellations of the underlying unvested awards, the Company may be required to accelerate, increase or cancel all or a portion of the remaining unearned stock-based compensation expense.
The  following  table  sets  forth  the  stock-based  compensation  expense  resulting  from  stock  options,  RSUs,  and  the  ESPP  included  in  the  Company’s consolidated statements of operations:
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In thousands) | 
Cost of revenue | $2,843 | $2,435 | $1,406
Research and development | 6,532 | 4,283 | 2,968
Sales and marketing | 9,069 | 8,267 | 5,481
General and administrative | 10,693 | 11,476 | 9,114
Total | $29,137 | $26,461 | $18,969


Question: What was the percentage change in cost of revenue from 2018 to 2019?
Answer: 16.76
Calculation: ($2,843 - $2,435)/$2,435
ITEM 3. KEY INFORMATION
Selected Financial Data
The following table sets forth our selected consolidated financial data as of and for each of the years in the five-year period ended December 31, 2019. The consolidated financial data has been derived from, and should be read in conjunction with, our Consolidated Financial Statements prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS), presented in “Item 18. Financial Statements” of this report.
Our selected financial data and our Consolidated Financial Statements are presented in euros, unless otherwise stated.
(1) See Note (C.6) to our Consolidated Financial Statements for more information on earnings per share.
(2) The balances include primarily bonds, private placements and bank loans. See Note (E.3) to our Consolidated Financial Statements for more information on our financial liabilities.
Table:
SELECTED FINANCIAL DATA: IFRS |  |  |  |  | 
€ millions, unless otherwise stated | 2019 | 2018 | 2017 | 2016 | 2015
Income Statement Data: Years ended December 31, |  |  |  |  | 
Cloud revenue | 6,933 | 4,993 | 3,769 | 2,993 | 2,286
Software licenses and support revenue | 16,080 | 15,628 | 15,780 | 15,431 | 14,928
Cloud and software revenue | 23,012 | 20,622 | 19,549 | 18,424 | 17,214
Total revenue | 27,553 | 24,708 | 23,461 | 22,062 | 20,793
Operating profit | 4,473 | 5,703 | 4,877 | 5,135 | 4,252
Profit after tax | 3,370 | 4,088 | 4,046 | 3,629 | 3,056
Profit attributable to owners of parent | 3,321 | 4,083 | 4,008 | 3,642 | 3,064
Earnings per share(1) |  |  |  |  | 
Basic in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Diluted in € | 2.78 | 3.42 | 3.35 | 3.04 | 2.56
Other Data: |  |  |  |  | 
Weighted-average number of shares outstanding |  |  |  |  | 
Basic | 1,194 | 1,194 | 1,197 | 1,198 | 1,197
Diluted | 1,194 | 1,194 | 1,198 | 1,199 | 1,198
Statement of Financial Position Data: At December 31, |  |  |  |  | 
Cash and cash equivalents | 5,314 | 8,627 | 4,011 | 3,702 | 3,411
Total assets | 60,215 | 51,502 | 42,484 | 44,262 | 41,390
Current financial liabilities(2) | 3,273 | 1,125 | 1,561 | 1,813 | 841
Non-current financial liabilities(2) | 12,923 | 10,553 | 5,034 | 6,481 | 8,681
Issued capital | 1,229 | 1,229 | 1,229 | 1,229 | 1,229
Total equity | 30,822 | 28,877 | 25,515 | 26,382 | 23,295


Question: What was the percentage change in issued capital in 2019 from 2018?
Answer: 0
Calculation: (1,229-1,229)/1,229
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the prepaid (accrued) cost of the domestic and foreign pension plans are classified in the following lines in the Consolidated Balance Sheets at December 31:
Table:
 | U.S.Pension Plans |  | Non-U.S. Pension Plans | 
 | 2019 | 2018 | 2019 | 2018
Prepaid pension asset | $62,082 | $54,100 | $— | $—
Accrued expenses and other liabilities | (100) | (100) | — | —
Long-term pension obligations | (1,045) | (992) | (1,214) | (1,331)
Net prepaid (accrued) cost | $60,937 | $53,008 | $(1,214) | $(1,331)


Question: What was the Long-term pension obligations for Non-U.S. Pension Plans in 2018?
Answer: (1,331)
6. Financial Instruments
The composition of financial instruments is as follows:
The fair values of the Company’s financial instrument is the amount that would be received in an asset sale or paid to transfer a liability in an orderly transaction between unaffiliated market participants and is recorded using a hierarchical disclosure framework based upon the level of subjectivity of the inputs used in measuring assets and liabilities. The levels are described below:
Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities. Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. Level 3: Unobservable inputs are used when little or no market data is available.
The Company classifies its financial instrument within Level 2 of the fair value hierarchy on the basis of models utilizing market observable inputs. The interest rate swap has been valued on the basis of valuations provided by third-party pricing services, as derived from standard valuation or pricing models. Market-based observable inputs for the interest rate swap include one month LIBOR-based yield curves over the term of the swap. The Company reviews third-party pricing provider models, key inputs and assumptions and understands the pricing processes at its third-party providers in determining the overall reasonableness of the fair value of its Level 2 financial instruments. The Company also considers the risk of nonperformance by assessing the swap counterparty's credit risk in the estimate of fair value of the interest rate swap. As of December 31, 2019 and 2018, the Company has not made any adjustments to the valuations obtained from its third party pricing providers.
Table:
 | December 31, 2019 | December 31, 2018
(in thousands) |  | 
Assets |  | 
Interest rate swap | $— | $1,623
Liabilities |  | 
Interest rate swap | $37 | $—


Question: What are the 3 levels of subjectivity?
Answer: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities., Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data, Level 3: Unobservable inputs are used when little or no market data is available
NOTE 8. INVENTORIES
The changes in the allowance for obsolescence are as follows:
On December 31, 2019, our allowance for inventory obsolescence amounted to €12,527, which is 6.7% of total inventory. The major part of the allowance is related to components and raw materials. The additions for the years 2018 and 2019 mainly relate to inventory items which ceased to be used due to technological developments and design changes which resulted in obsolescence of certain parts.
The cost of inventories recognized as costs and included in cost of sales amounted to €510.2 million (2018: €365.8 million).
Table:
 | December 31, | 
 | 2018 | 2019
Balance at beginning of year | (12,749) | (13,364)
Charged to cost of sales | (2,958) | (4,748)
Reversals | 723 | 915
Utilization of the provision | 1,978 | 4,994
Foreign currency translation effect | (358) | (324)
Balance at end of year | (13,364) | (12,527)


Question: Which component caused the greatest increase in allowance for inventory obsolescence in 2019?
Answer: Charged to cost of sales
Calculation: Find the largest negative number in COL4 ROWS 4 to 7
annual report on form 10-k 108 fifth third bancorp part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the information required by this item is included in the corporate information found on the inside of the back cover and in the discussion of dividend limitations that the subsidiaries can pay to the bancorp discussed in note 26 of the notes to the consolidated financial statements . additionally , as of december 31 , 2008 , the bancorp had approximately 60025 shareholders of record . issuer purchases of equity securities period shares purchased average paid per shares purchased as part of publicly announced plans or programs maximum shares that may be purchased under the plans or programs .

Table:
period | sharespurchased ( a ) | averagepricepaid pershare | sharespurchasedas part ofpubliclyannouncedplans orprograms | maximumshares thatmay bepurchasedunder theplans orprograms
october 2008 | 25394 | $ - | - | 19201518
november 2008 | 7526 | - | - | 19201518
december 2008 | 40 | - | - | 19201518
total | 32960 | $ - | - | 19201518
( a ) the bancorp repurchased 25394 , 7526 and 40 shares during october , november and december of 2008 in connection with various employee compensation plans of the bancorp .
these purchases are not included against the maximum number of shares that may yet be purchased under the board of directors authorization. .

Question: what portion of the total purchased shares presented in the table was purchased during october 2008?
Answer: 77.0%
Calculation: divide(25394, 32960)
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
8. Cash and Cash Equivalents
Cash and cash equivalents consist of the following:
Ship management client accounts represent amounts provided by the clients of GasLog LNG Services Ltd. in order to enable the Group to cover obligations of vessels under management. A compensating balance is held as a current liability.
Table:
 | As of December 31, | 
 | 2018 | 2019
Current accounts | 220,089 | 113,655
Time deposits (with original maturities of three months or less). | 121,925 | 149,491
Ship management client accounts | 580 | 601
Total | 342,594 | 263,747


Question: What was the change in current accounts  from 2018 to 2019?
Answer: -106434
Calculation: 113,655 - 220,089
Employee Share Ownership Plan
UK employees are eligible to participate in the Employee Share Ownership Plan (ESOP). The aim of the ESOP is to encourage increased shareholding in the Company by all UK employees and so there are no performance conditions. Employees are invited to join the ESOP when an offer is made each year. Individuals save for 12 months during the accumulation period and subscribe for shares at the lower of the price at the beginning and the end of the accumulation period under HMRC rules. The Company provides a matching share for each share purchased by the individual.
Shares issued under the ESOP have been measured using the Present Economic Value (PEV) valuation methodology. The relevant disclosures in respect of the Employee Share Ownership Plans are set out below.
The accumulation period for the 2019 ESOP ends in September 2020, therefore some figures are projections.
Table:
 | 2015 Grant | 2016 Grant | 2017 Grant | 2018 Grant | 2019 Grant
Grant date | 1st October | 1st October | 1st October | 1st October | 1st October
Exercise price | 2,797.0p | 4,477.3p | 5,496.7p | 7,240.0p | 7,835.0p
Number of employees | 1,038 | 1,040 | 1,229 | 1,294 | 1,318
Shares under scheme | 34,449 | 22,173 | 22,411 | 16,687 | 16,820
Vesting period | 3 years | 3 years | 3 years | 3 years | 3 years
Expected volatility | 21% | 21% | 21% | 19% | 21%
Risk free interest rate | 0.4% | 0.1% | 0.4% | 0.8% | 0.5%
Expected dividend yield | 2.5% | 2.5% | 2.3% | 2.0% | 1.8%
Fair value | 2,931.3p | 4,696.7p | 5,799.0p | 7,623.7p | 8,305.1p


Question: In which grant year was the risk free interest rate the highest?
Answer: 2018
Calculation: 0.8%>0.5%>0.4%>0.1%
Accrued expenses and other consist of the following (in thousands):
At December 31, 2019 and 2018, accounts receivable, accounts payable and accrued expenses are not measured at fair value; however, the Company believes that the carrying amounts of these assets and liabilities are a reasonable estimate of their fair value because of their relative short maturity.
Table:
December 31, |  | 
 | 2019 | 2018
Accrued advertising expense | $1,774 | $1,875
Accrued compensation expense | 2,955 | 2,813
Reserve for member refunds | 293 | 382
Other accrued expenses | 2,455 | 2,266
Deferred rent | — | 517
Total accrued expenses and other | $7,477 | 7,853


Question: What is the accrued advertising expense for 2019 and 2018 respectively?
Answer: $1,774, $1,875