hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Note 3: Debt
A summary of debt is as follows (amounts in thousands):
(1) Amount shown is net of discount, bank issuance costs and other indirect issuance costs of $13.3 million as of March 31, 2018.
(2) Amount shown is net of discount, bank issuance costs and other indirect issuance costs of $8.7 million as of March 31, 2019.
(3) Amount shown is net of discount of $2.1 million as of March 31, 2019.
(4) Amounts shown are net of discounts of $0.6 million and $0.5 million as of March 31, 2019 and 2018, respectively.
Table:
 | March 31, | 
 | 2019 | 2018
Term Loan Credit Agreement (1) | $— | $318,782
TOKIN Term Loan Facility (2) | 276,808 | —
Customer Advances (3) | 11,270 | —
Other, net (4) | 6,393 | 5,841
Total debt | 294,471 | 324,623
Current maturities | (28,430) | (20,540)
Total long-term debt | $266,041 | $304,083


Question: What was the percentage change in total long-term debt between 2018 and 2019?
Answer: -12.51
Calculation: (266,041-304,083)/304,083
31. Financial instruments
Financial assets
Table:
 |  | 2019 | 2018
 | Note | £m | £m
Net trade receivables | 18 | 24.9 | 25.4
Accrued income | 18 | 28.0 | 26.7
Other receivables | 18 | 0.3 | 0.1
Cash and cash equivalents | 19 | 5.9 | 4.3
Total |  | 59.1 | 56.5


Question: In which year was the amount of Other receivables larger?
Answer: 2019
Calculation: 0.3>0.1
Net periodic benefit cost — The components of the fiscal year net periodic benefit cost were as follows (in thousands):
Changes in presentation —As discussed in Note 1, Nature of Operations and Summary of Significant Accounting Policies, we adopted ASU 2017-07 during the first quarter of 2019 using the retrospective method, which changed the financial statement presentation of service costs and the other components of net periodic benefit cost. The service cost component continues to be included in operating income; however, the other components are now presented in a separate line below earnings from operations captioned “Other pension and post-retirement expenses, net” in our consolidated statements of earnings. Further, in connection with the adoption, plan administrative expenses historically presented as a component of service cost are now presented as a component of expected return on plan assets. The prior year components of net periodic benefit costs and assumptions on the long-term rate of return on assets have been recast to conform to current year presentation.
Prior service costs are amortized on a straight-line basis from date of participation to full eligibility. Unrecognized gains or losses are amortized using the “corridor approach” under which the net gain or loss in excess of 10% of the greater of the PBO or the market-related value of the assets, if applicable, is amortized. For our Qualified Plan, actuarial losses are amortized over the average future expected lifetime of all participants expected to receive benefits. For our SERP, actuarial losses are amortized over the expected remaining future lifetime for inactive participants, and for our postretirement health plans, actuarial losses are amortized over the expected remaining future lifetime of inactive participants expected to receive benefits.
Table:
 | 2019 | 2018 | 2017
Qualified Plan: |  |  | 
Interest cost | $19,825 | $19,463 | $19,889
Expected return on plan assets | (26,334) | (26,467) | (26,811)
Actuarial loss | 2,754 | 3,331 | 4,455
Net periodic benefit credit | $(3,755) | $(3,673) | $(2,467)
SERP: |  |  | 
Service cost | $— | $490 | $855
Interest cost | 3,080 | 2,894 | 2,850
Actuarial loss | 1,207 | 1,538 | 1,659
Amortization of unrecognized prior service cost | 115 | 146 | 153
Net periodic benefit cost | $4,402 | $5,068 | $5,517
Postretirement health plans: |  |  | 
Interest cost | $997 | $955 | $1,003
Actuarial (gain) loss | (159) | (27) | 162
Net periodic benefit cost | $838 | $928 | $1,165


Question: For Postretirement health plans, what is the percentage constitution of interest cost among the net periodic benefit cost in 2017?
Answer: 86.09
Calculation: 1,003/1,165
20. Geographic Information
The Group’s non-current operating assets by geographic regions are as follows:
Non-current operating assets for this purpose consist of property and equipment, goodwill, intangible assets and other non-current assets.
Table:
 | Fiscal Year Ended June 30, | 
 | 2019 | 2018
 | (U.S. $ in thousands) | 
Non-current operating assets |  | 
United States | $819,227 | $412,112
Australia | 18,842 | 16,730
India | 9,286 | —
 | $847,355 | $428,842


Question: What is the average total non-current operating assets for fiscal years ended June 30, 2018 and 2019?
Answer: 638098.5
Calculation: (847,355+428,842)/2
GWL Corporate Free Cash Flow(1)
Following the reorganization of Choice Properties to GWL, management evaluates the cash generating capabilities of GWL Corporate(2) based on the various cash flow streams it receives from its operating subsidiaries. As a result, the GWL Corporate free cash flow(1) is based on the dividends received from Loblaw, distributions received from Choice Properties and net cash flow contributions received from Weston Foods less corporate expenses, interest and income taxes paid. Lease payments are excluded from the calculation of GWL Corporate free cash flow(1) to normalize for the impact of the implementation of IFRS 16.
(i) Included in Other and Intersegment, GWL Corporate includes all other company level activities that are not allocated to the reportable operating segments, such as net interest expense, corporate activities and administrative costs. Also included are preferred share dividends paid.
Table:
For the quarters and years ended December 31 | Quarters ended |  | Yeas ended | 
($ millions) | 2019 | 2018 | 2019 | 2018
Weston Foods adjusted EBITDA(1) | 56 | 59 | 223 | 233
Weston Foods capital expenditures | (70) | (91) | (194) | (212)
Distributions from Choice Properties | 82 | 43 | 325 | 43
Dividends from Loblaw | – | – | 233 | 212
Weston Foods income taxes paid | – | (2) | (7) | (32)
Other | 64 | 21 | (41) | (23)
GWL Corporate cash flow from operating businesses (1) | 132 | 30 | 539 | 221
GWL Corporate and financing costs (i) | (24) | (33) | (109) | (108)
Income taxes paid | (4) | (2) | (19) | (14)
GWL Corporate free cash flow (1) | 104 | (5) | 411 | 99


Question: What is the average Distributions from Choice Properties for quarters ended in 2019 and 2018?
Answer: 62.5
Calculation: (82 + 43) / 2
schedule iii page 6 of 6 host hotels & resorts , inc. , and subsidiaries host hotels & resorts , l.p. , and subsidiaries real estate and accumulated depreciation december 31 , 2018 ( in millions ) ( b ) the change in accumulated depreciation and amortization of real estate assets for the fiscal years ended december 31 , 2018 , 2017 and 2016 is as follows: .

Table:
balance at december 31 2015 | $ 5666
depreciation and amortization | 572
dispositions and other | -159 ( 159 )
depreciation on assets held for sale | -130 ( 130 )
balance at december 31 2016 | 5949
depreciation and amortization | 563
dispositions and other | -247 ( 247 )
depreciation on assets held for sale | 7
balance at december 31 2017 | 6272
depreciation and amortization | 546
dispositions and other | -344 ( 344 )
depreciation on assets held for sale | -101 ( 101 )
balance at december 31 2018 | $ 6373
( c ) the aggregate cost of real estate for federal income tax purposes is approximately $ 10458 million at december 31 , 2018 .
( d ) the total cost of properties excludes construction-in-progress properties. .

Question: what was the net change in millions in the accumulated depreciation and amortization of real estate assets from 2016 to 2017?
Answer: 323
Calculation: subtract(6272, 5949)
The employee pension plan mandated by the Labor Standards Act of the R.O.C. is a defined benefit plan. The pension benefits are disbursed based on the units of service years and average monthly salary prior to retirement according to the Labor Standards Act. Two units per year are awarded for the first 15 years of services while one unit per year is awarded after the completion of the 15th year and the total units will not exceed 45 units.
The Company contributes an amount equivalent to 2% of the employees’ total salaries and wages on a monthly basis to the pension fund deposited with the Bank of Taiwan under the name of a pension fund supervisory committee. The pension fund is managed by the government’s designated authorities and therefore is not included in the Company’s consolidated financial statements. For the years ended December 31, 2017, 2018 and 2019, total pension expenses of NT$80 million, NT$69 million and NT$59 million, respectively, were recognized by the Company.
Movements in present value of defined benefit obligation during the year:
Table:
 | For the years ended December 31, | 
 | 2018 | 2019
 | $NT (In Thousands) | $NT (In Thousands)
Defined benefit obligation at beginning of year | $(5,671,058) | $(5,620,509)
Items recognized as profit or loss: |  | 
Service cost | (24,477) | (21,043)
Interest cost | (61,247) | (51,146)
Subtotal | (85,724) | (72,189)
Remeasurements recognized in other comprehensive income (loss): |  | 
Arising from changes in financial assumptions | (91,350) | (114,976)
Experience adjustments | (5,907) | 180,095
Subtotal | (97,257) | 65,119
Benefits paid | 233,530 | 216,510


Question: What is the criteria for distributing pension benefits?
Answer: The pension benefits are disbursed based on the units of service years and average monthly salary prior to retirement according to the Labor Standards Act.
Net periodic benefit expense for our post-retirement benefit plans includes the following components:
We report service costs for our Combined Pension Plan and post-retirement benefit plans in cost of services and products and selling, general and administrative expenses in our consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017. Additionally, a portion of the service cost is also allocated to certain assets under construction, which are capitalized and reflected as part of property, plant and equipment in our consolidated balance sheets. The remaining components of net periodic benefit expense (income) are reported in other income, net in our consolidated statements of operations. As a result of ongoing efforts to reduce our workforce, we recognized a one-time charge in 2019 of $6 million and in 2018 of $15 million for special termination benefit enhancements paid to certain eligible employees upon voluntary retirement.
Table:
 | Post-Retirement Plans |  | 
 | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017
 | (Dollars in milions) |  | 
Service cost | $15 | 18 | 18
Interest cost | 110 | 97 | 100
Expected return on plan assets | (1) | (1) | (2)
Recognition of prior service cost | 16 | 20 | 20
Net periodic post-retirement benefit expense | $140 | 134 | 136


Question: What is the sum of service costs in 2017, 2018 and 2019?
Answer: 51
Calculation: 15+18+18
GWL Corporate Free Cash Flow(1)
Following the reorganization of Choice Properties to GWL, management evaluates the cash generating capabilities of GWL Corporate(2) based on the various cash flow streams it receives from its operating subsidiaries. As a result, the GWL Corporate free cash flow(1) is based on the dividends received from Loblaw, distributions received from Choice Properties and net cash flow contributions received from Weston Foods less corporate expenses, interest and income taxes paid. Lease payments are excluded from the calculation of GWL Corporate free cash flow(1) to normalize for the impact of the implementation of IFRS 16.
(i) Included in Other and Intersegment, GWL Corporate includes all other company level activities that are not allocated to the reportable operating segments, such as net interest expense, corporate activities and administrative costs. Also included are preferred share dividends paid.
Table:
For the quarters and years ended December 31 | Quarters ended |  | Yeas ended | 
($ millions) | 2019 | 2018 | 2019 | 2018
Weston Foods adjusted EBITDA(1) | 56 | 59 | 223 | 233
Weston Foods capital expenditures | (70) | (91) | (194) | (212)
Distributions from Choice Properties | 82 | 43 | 325 | 43
Dividends from Loblaw | – | – | 233 | 212
Weston Foods income taxes paid | – | (2) | (7) | (32)
Other | 64 | 21 | (41) | (23)
GWL Corporate cash flow from operating businesses (1) | 132 | 30 | 539 | 221
GWL Corporate and financing costs (i) | (24) | (33) | (109) | (108)
Income taxes paid | (4) | (2) | (19) | (14)
GWL Corporate free cash flow (1) | 104 | (5) | 411 | 99


Question: What is the basis for evaluation of cash generating capabilities of GWL?
Answer: based on the various cash flow streams it receives from its operating subsidiaries.
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Note 3. Fair Value of Assets and Liabilities
The following table summarizes, by level within the fair value hierarchy, the carrying amounts and estimated fair values of our assets and liabilities measured at fair value on a recurring or nonrecurring basis or disclosed, but not carried, at fair value in the Consolidated Balance Sheets as of the dates presented. There were no transfers into, out of, or between levels within the fair value hierarchy during any of the periods presented. Refer to Note 4, Note 7, Note 8, and Note 9 for additional information on these assets and liabilities.
(1) Disclosed, but not carried, at fair value.
(2) Measured at fair value on a nonrecurring basis.
(3) Measured and carried at fair value on a recurring basis.
Table:
 |  | December 31, 2019 |  | December 31, 2018 | 
 | Level | Carrying Value | Fair Value | Carrying Value | Fair Value
Assets: |  |  |  |  | 
Cash and cash equivalents(1) | 1 | $195,760 | $195,760 | $303,390 | $303,390
Loan receivables held for sale, net(2) | 2 | 51,926 | 55,958 | 2,876 | 3,552
Servicing assets(3) | 3 | 30,459 | 30,459 | — | —
Liabilities: |  |  |  |  | 
Finance charge reversal liability(3) | 3 | $206,035 | $206,035 | $138,589 | $138,589
Term loan(1) | 2 | 384,497 | 392,201 | 386,822 | 386,234
Interest rate swap(3) | 2 | 2,763 | 2,763 | — | —
Servicing liabilities(3) | 3 | 3,796 | 3,796 | 3,016 | 3,016


Question: How many years did the fair value of Finance charge reversal liability exceed $200,000 thousand?
Answer: 1
Calculation: 2019
Common Stock Outstanding
The following represents the common stock outstanding for the fiscal year ended:
(1) During fiscal years 2018, 2017 and 2016, the Company’s Board of Directors authorized the repurchase of $350.0 million, $450.0 million and $400.0 million, respectively, of the Company’s common stock under share repurchase programs, which were repurchased during fiscal years 2019, 2018 and 2017, respectively.
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017
Common stock outstanding: |  |  | 
Beginning balances | 164,588,172 | 177,727,653 | 186,998,472
Shares issued upon exercise of stock options | 11,348 | 30,832 | 172,620
Shares issued under employee stock purchase plan | 1,282,042 | 1,105,400 | 1,228,316
Vesting of restricted stock | 1,983,261 | 2,727,229 | 2,102,049
Purchases of treasury stock under employee stock plans | (489,836) | (793,052) | (550,096)
Treasury shares purchased(1) | (13,854,607) | (16,209,890) | (12,223,708)
Ending balances | 153,520,380 | 164,588,172 | 177,727,653


Question: What was the Ending balance in 2017?
Answer: 177,727,653
Simultaneous with the Merger and the Private Offering, New Warrants to purchase 3,403,367 shares of Series B Preferred Stock at an average exercise price of
approximately $1.05 per share were issued to holders of Prior Protagenic warrants; additionally, the holder of $665,000 of our debt and $35,000 of accrued interest exchanged such debt for five-year warrants to purchase 295,945 shares of Series B Preferred Stock at $1.25 per share. Placement Agent Warrants to purchase 127,346 shares of Series B Preferred Stock at an exercise price of $1.25 per share were issued in connection with the Private offering. These warrants to purchase 423,291 shares of Series B Preferred Stock have been recorded as derivative liabilities. All of these warrants automatically converted into warrants to purchase our common stock upon the effectiveness of our reverse stock split in July 2016. See Note 5.
A summary of warrant issuances are as follows:
As of December 31, 2019, the Company had 3,826,658 shares issuable under warrants outstanding at a weighted average exercise price of $1.05 and an intrinsic value
of $1,375,990.
As of December 31, 2018 the Company had 3,826,658 shares issuable under warrants outstanding at a weighted average exercise price of $1.05 and an intrinsic value of
$3,633,335.
Table:
Warrants | Number | Weighted Average Exercise Price | Weighted Average Remaining Life
Outstanding December 31, 2017 | 3,826,658 | $1.05 | 4.69
Granted | - | - | -
Outstanding December 31, 2018 | 3,826,658 | $1.05 | 3.69
Granted | - | - | -
Outstanding December 31, 2019 | 3,826,658 | $1.05 | 2.69


Question: Using the intrinsic value of the company's shares issuable under warrants, what is the value of each share?
Answer: 0.95
Calculation: 3,633,335/3,826,658
Cash and Cash Equivalents
Cash and cash equivalents consist of cash, checking accounts, money market accounts and temporary investments with maturities of three months or less when purchased. As of December 31, 2019 and 2018, the Company had no cash equivalents.
Restricted Cash
In connection with certain transactions, the Company may be required to deposit assets, including cash or investment shares, in escrow accounts. The assets held in escrow are subject to various contingencies that may exist with respect to such transactions. Upon resolution of those contingencies or the expiration of the escrow period, some or all the escrow amounts may be used and the balance released to the Company. As of December 31, 2019 and 2018, the Company had $72,000 and $140,000, respectively, deposited in escrow as restricted cash for the Shoom acquisition, of which any amounts not subject to claims shall be released to the pre-acquisition stockholders of Shoom pro-rata on the next anniversary dates of the closing date of the Shoom acquisition. As of December 31, 2019 and 2018, $72,000 and $70,000, respectively, was current and included in Prepaid Assets and Other Current Assets on the consolidated balance sheets. As of December 31, 2019 and 2018, $0 and $70,000 was non-current and included in Other Assets on the consolidated balance sheet.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the balance sheets that sum to the total of the same amounts show in the statement of cash flows.
Table:
 | For the Years Ended December 31, | 
(in thousands)  | 2019 | 2018
Cash and cash equivalents | $4,777 | $1,008
Restricted cash | 72 | 70
Restricted cash included in other assets, noncurrent | --    | 70
Total cash, cash equivalents, and restricted cash in the balance sheet  | 4,849 | $1,148


Question: What is the average Restricted cash for 2018 and 2019?
Answer: 71
Calculation: (72 + 70) / 2
state street corporation | 52 shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five-year period . the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2012 . it also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available , capitalization-weighted index , comprised of 67 of the standard & poor 2019s 500 companies , representing 27 diversified financial services companies , 23 insurance companies , and 17 banking companies . the kbw bank index is a modified cap-weighted index consisting of 24 exchange-listed stocks , representing national money center banks and leading regional institutions. .

Table:
 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017
state street corporation | $ 100 | $ 159 | $ 172 | $ 148 | $ 178 | $ 227
s&p 500 index | 100 | 132 | 151 | 153 | 171 | 208
s&p financial index | 100 | 136 | 156 | 154 | 189 | 230
kbw bank index | 100 | 138 | 151 | 151 | 195 | 231
.

Question: what is the roi of an investment is s&p500 index from 2012 to 2015?
Answer: 53%
Calculation: subtract(153, 100), divide(#0, 100)
The long-term rate of return assumption represents the expected average rate of earnings on the funds invested or to be invested to provide for the benefits included in the benefit obligations. That assumption is determined based on a number of factors, including historical market index returns, the anticipated long-term asset allocation of the plans, historical plan return data, plan expenses, and the potential to outperform market index returns.
We have the responsibility to formulate the investment policies and strategies for the plans’ assets. Our overall policies and strategies include: maintain the highest possible return commensurate with the level of assumed risk, and preserve benefit security for the plans’ participants.
We do not direct the day-to-day operations and selection process of individual securities and investments and, accordingly, we have retained the professional services of investment management organizations to fulfill those tasks. The investment management organizations have investment discretion over the assets placed under their management. We provide each investment manager with specific investment guidelines by asset class.
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Weighted-average assumptions used to determine benefit obligation at September 30: |  |  | 
Discount rate | 2.5% | 3.6% | 3.3%
Rate of compensation increase | 3.1% | 3.3% | 3.2%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended September 30: |  |  | 
Discount rate | 3.6% | 3.3% | 3.0%
Expected return on plan assets | 5.7% | 6.8% | 6.8%
Rate of compensation increase | 3.3% | 3.2% | 3.1%


Question: How is the long-term rate of return assumption determined?
Answer: based on a number of factors, including historical market index returns, the anticipated long-term asset allocation of the plans, historical plan return data, plan expenses, and the potential to outperform market index returns