hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Invested capital:
TORM defines invested capital as the sum of intangible assets, tangible fixed assets, investments in joint ventures, bunkers, accounts receivables, assets held-for-sale (when applicable), deferred tax liability, trade payables, current tax liabilities and deferred income. Invested capital measures the net investment used to achieve the Company’s operating profit. The Company believes that invested capital is a relevant measure that Management uses to measure the overall development of the assets and liabilities generating the net profit. Such measure may not be comparable to similarly titled measures of other companies. Invested capital is calculated as follows:
¹⁾ Accounts receivables includes Freight receivables, Other receivables and Prepayments.
²⁾ Trade payables includes Trade payables and Other liabilities.
Table:
USDm | 2019 | 2018 | 2017
Tangible and intangible fixed assets | 1,782.2 | 1,445.0 | 1,384.8
Investments in joint ventures | 1.2 | 0.1 | 0.3
Bunkers | 34.8 | 39.4 | 33.2
Accounts receivables ¹⁾ | 99.5 | 96.3 | 87.5
Assets held-for-sale | 9.1 | 6.2 | 6.6
Deferred tax liability | -44.9 | -44.9 | -44.9
Trade payables ²⁾ | -94.4 | -71.6 | -60.0
Current tax liabilities | -1.5 | -1.0 | -1.4
Deferred income | - | -0.1 | -0.1
Invested capital | 1,786.0 | 1,469.4 | 1,406.0


Question: In which year was the amount of assets held-for-sale the largest?
Answer: 2019
Calculation: 9.1>6.6>6.2
7. ACCRUED LIABILITIES
Other accrued expenses consisted of the following at December 31, 2019 and 2018 (in thousands):
Advances are amounts received from litigation counsel as advanced reimbursement of out-of-pocket expenses expected to be incurred by us. Board compensation of $0.4 million at December 31, 2019 and 2018 represents accrued and unpaid board and committee fees from prior periods. In the first quarter of 2020, current and prior board members agreed to waive unpaid cash fees in exchange for share-based compensation awards with an aggregate grant-date fair value of approximately $0.1 million (see Note 18).
Table:
 | 2019 | 2018
Advances | 500 | -
Board compensation | 413 | 413
Other accrued expenses | 168 | 150
 | $1,081 | $563


Question: What is note 7 about?
Answer: ACCRUED LIABILITIES
The following table presents information related to our credit agreements (dollars in thousands):
(1) Excludes the amortization of deferred loan fees and includes the commitment fee.
In January 2018, the Company repaid $175.0 million of long-term debt outstanding under its 2015 Credit Agreement, primarily using funds repatriated from its foreign subsidiaries.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Average daily utilization | $87,800 | $106,189 | $268,775
Interest expense (1) | $3,465 | $3,817 | $6,668
Weighted average interest rate (1) | 3.9% | 3.6% | 2.5%


Question: What does interest expense exclude?
Answer: the amortization of deferred loan fees and includes the commitment fee.
Note 19 Goodwill
The following table provides details about the changes in the carrying amounts of goodwill for the years ended December 31, 2019 and 2018. BCE’s groups of CGUs correspond to our reporting segments.
Table:
 | BELL WIRELESS | BELL  WIRELINE | BELL  MEDIA | BCE
Balance at January 1, 2018 | 3,032 | 4,497 | 2,899 | 10,428
Acquisitions and other | 16 | 182 | 32 | 230
Balance at December 31, 2018 | 3,048 | 4,679 | 2,931 | 10,658
Acquisitions and other | – | (6) | 15 | 9
Balance at December 31, 2019 | 3,048 | 4,673 | 2,946 | 10,667


Question: What is the balance for BCE at December 31, 2018?
Answer: 10,658
table of contents rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 645 million , $ 488 million and $ 338 million in 2013 , 2012 and 2011 , respectively . future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 28 , 2013 , are as follows ( in millions ) : other commitments as of september 28 , 2013 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 18.6 billion . in addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 1.3 billion as of september 28 , 2013 , which consisted mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations . contingencies the company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully adjudicated . in the opinion of management , there was not at least a reasonable possibility the company may have incurred a material loss , or a material loss in excess of a recorded accrual , with respect to loss contingencies . however , the outcome of litigation is inherently uncertain . therefore , although management considers the likelihood of such an outcome to be remote , if one or more of these legal matters were resolved against the company in a reporting period for amounts in excess of management 2019s expectations , the company 2019s consolidated financial statements for that reporting period could be materially adversely affected . apple inc . v . samsung electronics co. , ltd , et al . on august 24 , 2012 , a jury returned a verdict awarding the company $ 1.05 billion in its lawsuit against samsung electronics co. , ltd and affiliated parties in the united states district court , northern district of california , san jose division . on march 1 , 2013 , the district court upheld $ 599 million of the jury 2019s award and ordered a new trial as to the remainder . because the award is subject to entry of final judgment , partial re-trial and appeal , the company has not recognized the award in its results of operations . virnetx , inc . v . apple inc . et al . on august 11 , 2010 , virnetx , inc . filed an action against the company alleging that certain of its products infringed on four patents relating to network communications technology . on november 6 , 2012 , a jury returned a verdict against the company , and awarded damages of $ 368 million . the company is challenging the verdict , believes it has valid defenses and has not recorded a loss accrual at this time. .

Table:
2014 | $ 610
2015 | 613
2016 | 587
2017 | 551
2018 | 505
thereafter | 1855
total minimum lease payments | $ 4721
.

Question: of the total minimum lease payments , what percentage were due after 2018?
Answer: 39.3%
Calculation: divide(1855, 4721)
11. Quarterly financial information (unaudited): (Continued)
(1) Included in net income for the three months ended September 30, 2019 and December 31, 2019 are an unrealized gain and (loss) on foreign exchange on the Company’s 2024 Notes of $6.1 million and ($4.0) million, respectively.
Table:
 |  | Three months ended |  | 
 | March 31, 2018 | June 30, 2018 | September 30, 2018 | December 31, 2018
 |  | (in thousands, except share and per share amounts) |  | 
Service revenue | $128,706 | $129,296 | $130,139 | $132,049
Network operations, including equity-based compensation expense | 54,875 | 54,379 | 54,615 | 55,660
Gains on equipment transactions | 117 | 357 | 416 | 92
Operating income | 20,637 | 21,354 | 22,255 | 22,311
Net income | 6,784 | 6,552 | 8,231 | 7,100
Net income per common share—basic and diluted | 0.15 | 0.15 | 0.18 | 0.16
Weighted-average number of common shares—basic | 44,923,973 | 45,016,767 | 45,105,830 | 45,284,481
Weighted-average number of common shares—diluted | 45,294,697 | 45,536,473 | 45,699,635 | 45,803,418


Question: What are the respective service revenue at September 30 and December 31, 2018?
Answer: $130,139, $132,049
3.5 INCOME TAXES
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
Fiscal 2019 income taxes expense amounted to $83.7 million compared to a recovery of $17.2 million for the prior year mainly attributable to: • the effect of the federal rate reduction in the second quarter of fiscal 2018 in the United States; • the increase in profit before income taxes which is mostly related to the impact of the MetroCast acquisition completed in the second quarter of fiscal 2018, and • the appreciation of the US dollar against the Canadian dollar compared to the prior year.
On March 19, 2019, the Department of Finance Canada confirmed the acceleration of tax depreciation on most capital investments for property, plant and equipment acquired after November 20, 2018, which phases out during the period from 2023 to 2028. The federal accelerated tax depreciation had a favorable impact on the current income tax expense of the Corporation in fiscal 2019. On March 21, 2019, the Québec Department of Finance confirmed that it would harmonize with the Federal legislation.
On December 22, 2017, the U.S. federal government enacted the Tax Cuts and Jobs Act (the "Act"). The tax reform reduced the general federal corporate tax rate from 35% to 21% starting after 2017 which reduced net deferred tax liabilities by approximately $94 million (US$74 million) in the second quarter of fiscal 2018. In addition, the Act calls for other changes such as interest deductibility limitations, full deduction of acquisitions of tangible assets, net operating losses limitations as well as base erosion anti-avoidance, which together with tax rate reductions, had an overall favorable impact on the income tax expense.
Table:
Years ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages) | $ | $ | %
Profit before income taxes | 440,563 | 367,380 | 19.9
Combined Canadian income tax rate | 26.50% | 26.50% | —
Income taxes at combined Canadian income tax rate | 116,749 | 97,356 | 19.9
Difference in operations' statutory income tax rates | 1,466 | (3) | —
Impact on deferred taxes as a result of changes in substantively enacted tax rates | 15 | (94,175) | —
Impact on income taxes arising from non-deductible expenses and non-taxable profit | (565) | 1,670 | —
Tax impacts related to foreign operations | (28,633) | (22,099) | 29.6
Other | (5,377) | 53 | —
 | 83,655 | (17,198) | —


Question: What was the income tax recovery in 2019?
Answer: $17.2
synopsys , inc . notes to consolidated financial statements 2014continued the company has the following tax loss and credit carryforwards available to offset future income tax liabilities : carryforward amount expiration ( in thousands ) .

Table:
carryforward | amount ( in thousands ) | expirationdate
federal net operating loss carryforward | $ 57265 | 2018-2034
federal research credit carryforward | 78599 | 2019-2036
federal foreign tax credit carryforward | 2081 | 2019-2022
international foreign tax credit carryforward | 13351 | indefinite
california research credit carryforward | 169038 | indefinite
other state research credit carryforward | 7482 | 2023-2032
state net operating loss carryforward | 33201 | 2024-2035
the federal and state net operating loss carryforward is from acquired companies and the annual use of such loss is subject to significant limitations under internal revenue code section 382 .
foreign tax credits may only be used to offset tax attributable to foreign source income .
the federal research tax credit was permanently reinstated in fiscal 2016 .
the company adopted asu 2016-09 in the first quarter of fiscal 2017 .
the company recorded all income tax effects of share-based awards in its provision for income taxes in the condensed consolidated statement of operations on a prospective basis .
prior to adoption , the company did not recognize excess tax benefits from stock-based compensation as a charge to capital in excess of par value to the extent that the related tax deduction did not reduce income taxes payable .
upon adoption of asu 2016-09 , the company recorded a deferred tax asset of $ 106.5 million mainly related to the research tax credit carryover , for the previously unrecognized excess tax benefits with an offsetting adjustment to retained earnings .
adoption of the new standard resulted in net excess tax benefits in the provision for income taxes of $ 38.1 million for fiscal 2017 .
during the fourth quarter of fiscal 2017 , the company repatriated $ 825 million from its foreign subsidiary .
the repatriation was executed in anticipation of potential u.s .
corporate tax reform , and the company plans to indefinitely reinvest the remainder of its undistributed foreign earnings outside the united states .
the company provides for u.s .
income and foreign withholding taxes on foreign earnings , except for foreign earnings that are considered indefinitely reinvested outside the u.s .
as of october 31 , 2017 , there were approximately $ 598.3 million of earnings upon which u.s .
income taxes of approximately $ 110.0 million have not been provided for. .

Question: what is the differnece between the federal and the state net operating loss carryforward?
Answer: 24064
Calculation: subtract(57265, 33201)
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENT(Tabular amounts in millions, unless otherwise disclosed)
11. ASSET RETIREMENT OBLIGATIONS
The changes in the carrying amount of the Company’s asset retirement obligations were as follows:
(1) Revisions in estimates include decreases to the liability of $6.7 million and $49.4 million related to foreign currency translation for the years ended December 31, 2019 and 2018, respectively.
As of December 31, 2019, the estimated undiscounted future cash outlay for asset retirement obligations was $3.2 billion.
Table:
 | 2019 | 2018
Beginning balance as of January 1, | $1,210.0 | $1,175.3
Additions | 61.8 | 39.6
Accretion expense | 81.6 | 83.6
Revisions in estimates (1) | 56.8 | (81.5)
Settlements | (26.1) | (7.0)
Balance as of December 31, | $1,384.1 | $1,210.0


Question: What was the accretion expense in 2019?
Answer: 81.6
The components of the provision for income tax expense are as follows:
Included in the Company's current income tax expense are provisions for uncertain tax positions relating to freight taxes. The Company does not presently anticipate that its provisions for these uncertain tax positions will significantly increase in the next 12 months; however, this is dependent on the jurisdictions of the trading activity of its vessels.
The Company reviews its freight tax obligations on a regular basis and may update its assessment of its tax positions based on available information at the time. Such information may include legal advice as to the applicability of freight taxes in relevant jurisdictions. Freight tax regulations are subject to change and interpretation; therefore, the amounts recorded by the Company may change accordingly. The tax years 2008 through 2019 remain open to examination by some of the major jurisdictions in which the Company is subject to tax.
Table:
 | Year Ended | Year Ended | Year Ended
 | December 31, | December 31, | December 31,
 | 2019 | 2018 | 2017
 | $ | $ | $
Current | (25,563) | (17,458) | (11,997)
Deferred | 81 | (2,266) | (235)
Income tax expense | (25,482) | (19,724) | (12,232)


Question: What is included in current income tax expense?
Answer: Included in the Company's current income tax expense are provisions for uncertain tax positions relating to freight taxes.
apple inc . | 2017 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 30 , 2017 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 28 , 2012 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on 9/28/12 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . copyright a9 2017 s&p , a division of mcgraw hill financial . all rights reserved . copyright a9 2017 dow jones & co . all rights reserved . september september september september september september .

Table:
 | september2012 | september2013 | september2014 | september2015 | september2016 | september2017
apple inc . | $ 100 | $ 74 | $ 111 | $ 128 | $ 129 | $ 179
s&p 500 index | $ 100 | $ 119 | $ 143 | $ 142 | $ 164 | $ 194
s&p information technology index | $ 100 | $ 107 | $ 138 | $ 141 | $ 173 | $ 223
dow jones u.s . technology supersector index | $ 100 | $ 105 | $ 137 | $ 137 | $ 167 | $ 214
.

Question: what was the change in the dow jones technology index between 2016 and 2017?
Answer: 47
Calculation: subtract(214, 167)
stock performance graph the following performance graph compares the cumulative total return ( including dividends ) to the holders of our common stock from december 31 , 2002 through december 31 , 2007 , with the cumulative total returns of the nyse composite index , the ftse nareit composite reit index ( the 201call reit index 201d ) , the ftse nareit healthcare equity reit index ( the 201chealthcare reit index 201d ) and the russell 1000 index over the same period . the comparison assumes $ 100 was invested on december 31 , 2002 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends , as applicable . we have included the nyse composite index in the performance graph because our common stock is listed on the nyse . we have included the other indices because we believe that they are either most representative of the industry in which we compete , or otherwise provide a fair basis for comparison with ventas , and are therefore particularly relevant to an assessment of our performance . the figures in the table below are rounded to the nearest dollar. .

Table:
 | 12/31/2002 | 12/31/2003 | 12/31/2004 | 12/31/2005 | 12/31/2006 | 12/31/2007
ventas | $ 100 | $ 206 | $ 270 | $ 331 | $ 457 | $ 512
nyse composite index | $ 100 | $ 132 | $ 151 | $ 166 | $ 200 | $ 217
all reit index | $ 100 | $ 138 | $ 181 | $ 196 | $ 262 | $ 215
healthcare reit index | $ 100 | $ 154 | $ 186 | $ 189 | $ 273 | $ 279
russell 1000 index | $ 100 | $ 130 | $ 145 | $ 154 | $ 178 | $ 188
ventas nyse composite index all reit index healthcare reit index russell 1000 index .

Question: what was the growth rate of the ventas stock as of 12/31/2003
Answer: 106%
Calculation: subtract(206, const_100), divide(#0, const_100)
Non-GAAP Financial Measures
To complement our Consolidated Statements of Operations and Cash Flows, we use non-GAAP financial measures of Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA. We believe that Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA are complements to U.S. GAAP amounts and such measures are useful to investors. The presentation of these non-GAAP measures is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity.
The following table provides a reconciliation from U.S. GAAP Gross margin to non-GAAP Adjusted gross margin (amounts in thousands):
(1) Fiscal years ending March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
(2) $0.9 million in costs incurred during fiscal year 2018 related to the relocation of the Company's tantalum powder facility equipment from Carson City, Nevada to its existing Matamoros, Mexico plant were reclassified from “Plant start-up costs” to “Restructuring charges” during fiscal year 2019.
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Net sales (1) | $1,382,818 | $1,200,181 | $757,338
Cost of sales (1) | 924,276 | 860,744 | 571,944
Gross Margin (GAAP) (1) | 458,542 | 339,437 | 185,394
Gross margin as a % of net sales | 33.2% | 28.3% | 24.5%
Non-GAAP adjustments: |  |  | 
Plant start-up costs (2) | (927) | 929 | 427
Stock-based compensation expense | 2,756 | 1,519 | 1,384
Adjusted gross margin (non-GAAP) (1) | $460,371 | $341,885 | $187,205
Adjusted gross margin as a % of net sales | 33.3% | 28.5% | 24.7%


Question: What was the percentage change in Stock-based compensation expense between 2018 and 2019?
Answer: 81.44
Calculation: (2,756-1,519)/1,519
The Company maintains a general allowance for doubtful accounts based on historical experience, along with additional customer specific allowances. The Company regularly monitors credit risk exposures in consolidated receivables. In estimating the necessary level of our allowance for doubtful accounts, management considers the aging of accounts receivable, the creditworthiness of customers, economic conditions within the customer’s industry, and general economic conditions, among other factors.
The following reflects activity in the Company’s allowance for doubtful accounts receivable for the periods indicated (in thousands):
Provision increases recorded in general and administrative expense during the years ended December 31, 2019, 2018, and 2017, reflect increases in the allowance for doubtful accounts based upon collection experience in the geographic regions in which the Company conducts business, net of collection of customer-specific receivables that were previously reserved for as doubtful of collection.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Balance, beginning of period | -$3,912 | -$4,799 | -$3,873
Provision increase | -2,561 | -1,505 | -2,086
Amounts written off, net of recoveries | 1,368 | 2,269 | 1,305
Foreign currency translation adjustments and other | -44 | 123 | -145
Balance, end of period | -$5,149 | -$3,912 | -$4,799


Question: What was the balance at the end of period in 2019?
Answer: -$5,149