hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
A.2.6 Calculation of return on capital employed
For purposes of calculating ROCE in interim periods, income before interest after tax is annualized. Average capital employed is determined using the average of the respective balances as of the quarterly reporting dates for the periods under review.
[1] Item Other interest expenses / income, net primarily consists of interest relating to corporate debt, and related hedging activities, as well as interest income on corporate assets.
Table:
(in millions of €) | 2019 | 2018
Net income | 5,648 | 6,120
Less: Other interest expenses / income, net 1 | (529) | (482)
Plus: SFS Other interest expenses / income | 763 | 721
Plus: Net interest expenses related to provisions for pensions and similar |  | 
obligations | 148 | 164
Less: Interest adjustments |  | 
(discontinued operations) | – | –
Less: Taxes on interest adjustments |  | 
(tax rate (flat) 30%) | (115) | (121)
(I) Income before interest after tax | 5,916 | 6,401
(II) Average capital employed | 53,459 | 50,715
(I) / (II) ROCE | 11.1 % | 12.6 %


Question: What is the income tax rate for 2019?
Answer: 30%
Discontinued Operations
In December 2015, we completed the wind down of engineering, manufacturing and sales of our solar inverter product line (the "inverter business"). Accordingly, the results of our inverter business have been reflected as “Income (loss) from discontinued operations, net of income taxes” on our Consolidated Statements of Operations for all periods presented herein.
The effect of our sales of the remaining extended inverter warranties to our customers continues to be reflected in deferred revenue in our Consolidated Balance Sheets. Deferred revenue for extended inverter warranties and the associated costs of warranty service will be reflected in Sales and Cost of goods sold, respectively, from continuing operations in future periods in our Consolidated Statement of Operations, as the deferred revenue is earned and the associated services are rendered. Extended warranties related to the inverter product line are no longer offered.
In May 2019, we divested our grid-tied central solar inverter repair and service operation. In conjunction with the divesture, the initial product warranty for the previously sold grid-tied central solar inverters was transferred to the buyer. Accordingly, a gain of $8.6 million net of tax expense of $2.4 million was recognized in Other income (expense) and Provision (benefit) for income taxes, respectively, in our discontinued operations for the year December 31, 2019. Operating income from discontinued operations for the year ended December 31, 2019 and 2018, also includes the impacts of changes in our estimated product warranty liability, the recovery of accounts receivable and foreign exchange gain or (losses).
Income (loss) from discontinued operations, net of income taxes (in thousands):
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Sales | $  — | $  —
Cost of sales | (901) | (88)
Total operating expense | 1,022 | 96
Operating income (loss) from discontinued operations | (121) | (8)
Other income (expense) | 10,895 | (24)
Income (loss) from discontinued operations before income taxes | 10,774 | (32)
Provision (benefit) for income taxes | 2,294 | 6
Income (loss) from discontinued operations, net of income taxes | $ 8,480 | $  (38)


Question: What will the results of the company's inverter business reflect as in their Consolidated Statements of Operations?
Answer: Income (loss) from discontinued operations, net of income taxes
The movement of contract liabilities is mainly caused by the timing difference of the satisfaction of a performance of obligation and the consideration received from customers.
The Company recognized NT$3,815 million and NT$616 million, respectively, in revenues from the contract liabilities balance at the beginning of the period as performance obligations were satisfied for the years ended December 31, 2018 and 2019.
Table:
 | As of January 1,2018 | As of December 31,2018 | As of December 31,2019
 | NT$(In Thousands) | NT$(In Thousands) | NT$(In Thousands)
Sales of goods and services | $3,951,414 | $932,371 | $1,470,195
Current | $3,951,414 | $932,371 | $988,115
Noncurrent | — | — | 482,080
Total | $3,951,414 | $932,371 | $1,470,195


Question: What was the revenue recorded from the contract liabilities balance at the beginning of the period for the years ended December 31, 2018?
Answer: NT$3,815 million
BUSINESS COMBINATION IN FISCAL 2019
Purchase of a fibre network and corresponding assets
On October 3, 2018, the Corporation's subsidiary, Atlantic Broadband, completed the acquisition of the south Florida fibre network previously owned by FiberLight, LLC. The transaction, combined with the dark fibers acquired from FiberLight in the second quarter of fiscal 2018, added 350 route miles to Atlantic Broadband’s existing south Florida footprint.
The acquisition was accounted for using the purchase method and was subject to post closing adjustments. The final allocation of the purchase price of this acquisition is as follows:
Table:
 | Final | Preliminary
 | August 31, 2019 | November 30, 2018
(In thousands of Canadian dollars) | $ | $
Purchase price |  | 
Consideration paid at closing | 38,876 | 38,876
Balance due on business combinations | 5,005 | 5,005
 | 43,881 | 43,881
Net assets acquired |  | 
Trade and other receivables | 1,308 | 1,743
Prepaid expenses and other | 335 | 335
Property, plant and equipment | 28,785 | 45,769
Intangible assets | 3,978 | —
Goodwill | 11,093 | —
Trade and other payables assumed | (644) | (644)
Contract liabilities and other liabilities assumed | (974) | (3,322)
 | 43,881 | 43,881


Question: What is the increase/ (decrease) in Contract liabilities and other liabilities assumed from Preliminary, November 30, 2018 to Final August 31, 2019?
Answer: 2348
Calculation: (-974)-(-3,322)
The valuation allowance activity for the years ended September 30, 2019, 2018, and 2017 is as follows:
The Company completed an Internal Revenue Code Section 382 analysis of the loss carry forwards in 2009 and determined then that all of the Company’s loss carry forwards are utilizable and not restricted under Section 382. The Company has not updated its Section 382 analysis subsequent to 2009 and does not believe there have been any events subsequent to 2009 that would impact the analysis.
The Company is required to recognize the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Company applies the interpretation to all tax positions for which the statute of limitations remained open. The Company had no liability for unrecognized tax benefits and did not recognize any interest or penalties during the years ended September 30, 2019, 2018, or 2017.
The Company is subject to income taxes in the U.S. federal jurisdiction, and various state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local, income tax examinations by tax authorities for fiscal years ending prior to 2004. We are generally subject to U.S. federal and state tax examinations for all tax years since 2003 due to our net operating loss carryforwards and the utilization of the carryforwards in years still open under statute. During the year ended September 30, 2018, the Company was examined by the U.S. Internal Revenue Service for fiscal year 2016. This examination resulted in no adjustments. The Company changed its fiscal year end in 2007 from March 31 to September 30.
Table:
Year Ended | Balance at Beginning of Year | Income Tax Expense (Benefit) | Reversal for State NOL Expiration and Utilization | Balance at End of Year
September 30, 2019 | $104,858 | $10,448 | $(68,292) | $47,014
September 30, 2018 | 159,154 | 79,377 | (133,673) | 104,858
September 30, 2017 | 322,404 | (32,154) | (131,096) | 159,154


Question: What is the income tax expense of fiscal years 2019 and 2018 respectively?
Answer: $10,448, 79,377
bhge 2017 form 10-k | 29 the rig counts are summarized in the table below as averages for each of the periods indicated. .

Table:
 | 2017 | 2016 | 2015
north america | 1082 | 642 | 1178
international | 948 | 956 | 1168
worldwide | 2030 | 1598 | 2346
2017 compared to 2016 overall the rig count was 2030 in 2017 , an increase of 27% ( 27 % ) as compared to 2016 due primarily to north american activity .
the rig count in north america increased 69% ( 69 % ) in 2017 compared to 2016 .
internationally , the rig count decreased 1% ( 1 % ) in 2017 as compared to the same period last year .
within north america , the increase was primarily driven by the land rig count , which was up 72% ( 72 % ) , partially offset by a decrease in the offshore rig count of 16% ( 16 % ) .
internationally , the rig count decrease was driven primarily by decreases in latin america of 7% ( 7 % ) , the europe region and africa region , which were down by 4% ( 4 % ) and 2% ( 2 % ) , respectively , partially offset by the asia-pacific region , which was up 8% ( 8 % ) .
2016 compared to 2015 overall the rig count was 1598 in 2016 , a decrease of 32% ( 32 % ) as compared to 2015 due primarily to north american activity .
the rig count in north america decreased 46% ( 46 % ) in 2016 compared to 2015 .
internationally , the rig count decreased 18% ( 18 % ) in 2016 compared to 2015 .
within north america , the decrease was primarily driven by a 44% ( 44 % ) decline in oil-directed rigs .
the natural gas- directed rig count in north america declined 50% ( 50 % ) in 2016 as natural gas well productivity improved .
internationally , the rig count decrease was driven primarily by decreases in latin america , which was down 38% ( 38 % ) , the africa region , which was down 20% ( 20 % ) , and the europe region and asia-pacific region , which were down 18% ( 18 % ) and 15% ( 15 % ) , respectively .
key performance indicators ( millions ) product services and backlog of product services our consolidated and combined statement of income ( loss ) displays sales and costs of sales in accordance with sec regulations under which "goods" is required to include all sales of tangible products and "services" must include all other sales , including other service activities .
for the amounts shown below , we distinguish between "equipment" and "product services" , where product services refer to sales under product services agreements , including sales of both goods ( such as spare parts and equipment upgrades ) and related services ( such as monitoring , maintenance and repairs ) , which is an important part of its operations .
we refer to "product services" simply as "services" within the business environment section of management's discussion and analysis .
backlog is defined as unfilled customer orders for products and services believed to be firm .
for product services , an amount is included for the expected life of the contract. .

Question: what portion of the rig counts is related to north america in 2017?
Answer: 53.3%
Calculation: divide(1082, 2030)
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: Which years was the total stock-based compensation cost capitalized in inventory less than $0.8 million?
Answer: 2019, 2018 and 2017
If not presented separately in our income statement, restructuring expenses would have been classified in the different expense items in our income statement as follows:
Restructuring Expenses by Functional Area
Table:
€ millions | 2019 | 2018 | 2017
Cost of cloud and software | –138 | –3 | –55
Cost of services | –154 | –3 | –118
Research and development | –467 | –3 | –9
Sales and marketing | –299 | –11 | –2
General and administration | –71 | 0 | 2
Restructuring expenses | –1,130 | –19 | –182


Question: What was the change in General and administration in 2018 from 2017?
Answer: -2
Calculation: 0-2
Note 8. Goodwill and Intangible Assets, Net
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):
Table:
 | Customer Relationships | Developed Technology | Trade Name | Total
Balance as of January 1, 2018 | $88,526 | $5,532 | $228 | $94,286
Amortization | (11,262) | (3,854) | (103) | (15,219)
Balance as of December 31, 2018 | 77,264 | 1,678 | 125 | 79,067
Intangible assets acquired | 19,805 | 16,583 | 2,219 | 38,607
Amortization | (12,673) | (1,441) | (122) | (14,236)
Balance as of December 31, 2019 | $84,396 | $16,820 | $2,222 | $103,438


Question: What was the amount of Amortization from Customer Relationships in 2018?
Answer: (11,262)
Product Revenue by Segment
The following table presents the breakdown of product revenue by segment (in millions, except percentages):
Amounts may not sum and percentages may not recalculate due to rounding.
Americas Product revenue in the Americas segment increased by 8%, driven by growth in the enterprise, public sector and commercial markets. These increases were partially offset by a product revenue decline in the service provider market. From a country perspective, product revenue increased by 9% in the United States, 26% in Mexico and 6% in Canada, partially offset by a product revenue decrease of 1% in Brazil.
EMEA The increase in product revenue in the EMEA segment of 6% was driven by growth in the public sector and enterprise markets, partially offset by a decline in the service provider market. Product revenue in the commercial market was flat. Product revenue from emerging countries within EMEA increased by 9%, and product revenue for the remainder of the EMEA segment increased by 5%.
APJC Product revenue in the APJC segment increased by 1%, driven by growth in the public sector and enterprise markets, partially offset by declines in the service provider and commercial markets. From a country perspective, product revenue increased by 9% in Japan and 5% in India, partially offset by a product revenue decrease of 16% in China.
Table:
 |  | Years Ended |  | 2019 vs. 2018 | 
 | July 27, 2019 | July 28, 2018 | July 29, 2017 | Variance in Dollars | Variance in Percent
Product revenue: |  |  |  |  | 
Americas | $22,754 | $21,088 | $20,487 | $1,666 | 8%
Percentage of product revenue | 58.3% | 57.5% | 57.4% |  | 
EMEA | 10,246 | 9,671 | 9,369 | 575 | 6%
Percentage of product revenue | 26.3% | 26.3% | 26.2% |  | 
APJC | 6,005 | 5,950 | 5,849 | 55 | 1%
Percentage of product revenue | 15.4% | 16.2% | 16.4% |  | 
Total | $39,005 | $36,709 | $35,705 | $2,296 | 6%


Question: What was the change in the product revenue from APJC between 2017 and 2018?
Answer: 101
Calculation: 5,950-5,849
ACCOUNTING POLICY
Accounts receivable represent amounts owing to us that are currently due and collectible. We initially recognize accounts receivable on the date they originate. We measure accounts receivable initially at fair value, and subsequently at amortized cost, with changes recognized in net income. We measure an impairment loss for accounts receivable as the excess of the carrying amount over the present value of future cash flows we expect to derive from it, if any. The excess is allocated to an allowance for doubtful accounts and recognized as a loss in net income.
EXPLANATORY INFORMATION
We have retrospectively reclassified $23 million as at December 31, 2018 and January 1, 2019 related to our wireless financing programs from “accounts receivable” to “other current assets” as the collection time frame of the amounts differs from accounts receivable.
Table:
 | As at December 31 | As at December 31 | As at December 31
(In millions of dollars) | Note | 2019 | 2018
Customer accounts receivable |  | 1,579 | 1,529
Other accounts receivable |  | 785 | 762
Allowance for doubtful accounts | 15 | (60) | (55)
Total accounts receivable |  | 2,304 | 2,236


Question: What does Accounts receivable represent?
Answer: Accounts receivable represent amounts owing to us that are currently due and collectible. We initially recognize accounts receivable on the date they originate.
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
17. OTHER OPERATING EXPENSE
Other operating expense consists primarily of impairment charges, net losses on sales or disposals of assets and other operating expense items. The Company records impairment charges to write down certain assets to their net realizable value after an indicator of impairment is identified and subsequent analysis determines that the asset is either partially recoverable or not recoverable. These assets consisted primarily of towers and related assets, which are typically assessed on an individual basis, network location intangibles, which relate directly to towers, and tenant-related intangibles, which are assessed on a tenant basis. Net losses on sales or disposals of assets primarily relate to certain non-core towers, other assets and miscellaneous items. Other operating expenses includes acquisition-related costs and integration costs.
Impairment charges included the following for the years ended December 31,:
(1) For the year ended December 31, 2018, impairment charges on tower and network location intangible assets included $258.3 million in India primarily related to carrier consolidation-driven churn events. In addition, the Company fully impaired the tenant relationship for Aircel Ltd., which resulted in an impairment charge of $107.3 million.
(2) During the year ended December 31, 2017, $81.0 million of impairment charges on tower and network location intangible assets and all impairment charges on tenant relationships were related to carrier consolidation-driven churn in India.
(3) For the year ended December 31, 2019, amount includes impairment charges related to right-of-use assets and land easements.
Table:
 | 2019 | 2018 (1) | 2017 (2)
Tower and network location intangible assets | $77.4 | $284.9 | $108.7
Tenant relationships | — | 107.3 | 100.1
Other (3) | 16.8 | 1.8 | 2.6
Total impairment charges | $94.2 | $394.0 | $211.4


Question: For the year ended December 31, 2019, what did the amount in Other include?
Answer: impairment charges related to right-of-use assets and land easements.
Total Expense for Share-Based Payment
Total expense for the share-based payment plans of Executive Board members was determined in accordance with IFRS 2 (Share- Based Payments) and consists exclusively of obligations arising from Executive Board activities.
Table:
€ thousands | 2019 | 2018
Christian Klein (Co-CEO from 10/10/2019) | 1,925 | 442.2
Jennifer Morgan (Co-CEO from 10/10/2019) | 2,894 | 796.1
Robert Enslin (until 4/5/2019) | 3,480 | 727.0
Adaire Fox-Martin | 2,667 | 796.1
Michael Kleinemeier | 3,253 | 914.2
Bernd Leukert (until 3/31/2019) | 8,606 | 775.2
Bill McDermott (CEO until 10/10/2019, Executive Board member until 11/15/2019) | 14,689 | 2,155.8
Luka Mucic | 3,391 | 675.8
Jürgen Müller (from 1/1/2019) | 768 | -
Stefan Ries | 2,646 | 772.0
Thomas Saueressig (from 11/1/2019) | 128 | -
Total | 44,446.5 | 8,054.4


Question: How many Executive Board members had an expense for share-based payment of less than €1,000 thousand in 2019?
Answer: 2
Calculation: Jürgen Müller##Thomas Saueressig
8. Other income, net
Other income, net consists of the following (in millions):
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Interest income | $ 88 | $ 79 | $ 44
Interest expense | (58) | (62) | (52)
Other income, net | 17 | 24 | 8
Other income, net | $ 47 | $ 41 | $ —


Question: What was the change in interest expense between 2017 and 2018?
Answer: -10
Calculation: -62-(-52)
12. Restructuring
In fiscal 2019, the Company initiated a restructuring plan to increase efficiency in its sales, marketing and distribution functions as well as reduce costs across all functional areas. During the year ended March 31, 2019, the Company incurred total restructuring charges of $14,765. These restructuring charges relate primarily to severance and related costs associated with headcount reductions and lease abandonment charges associated with two leases. These charges include $2,632 of stock- based compensation related to modifications of existing unvested awards granted to certain employees impacted by the restructuring plan.
The activity in the Company’s restructuring accruals for the year ended March 31, 2019 is summarized as follows:
As of March 31, 2019, the outstanding restructuring accruals primarily relate to future severance and lease payments.
(In thousands, except per share data)
Table:
 | Lease abandonment charges | Severance & payroll related charges | Total
Balance at March 31, 2018 | $— | $— | $—
Restructuring charges | 1,034 | 14,606 | 15,640
Payments | (540) | (12,642) | (13,182)
Accrual reversals | — | (875) | (875)
Balance at March 31, 2019 | $494 | $1,089 | $1,583


Question: What is the ending balance at March 31, 2019 for Lease abandonment charges and Severance & payroll related charges respectively?
Answer: $494, $1,089