hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Streamlined Energy and Carbon Reporting
We have decided to voluntarily comply with the UK government’s Streamlined Energy and Carbon Reporting (SECR) policy a year early. The table below represents Unilever’s energy use and associated GHG emissions from electricity and fuel in the UK for the 2018 and 2019 reporting years (1 October to 30 September), with scope calculations aligned to the Greenhouse Gas Protocol. The scope of this data includes 8 manufacturing sites and 11 non-manufacturing sites based in the UK. The UK accounts for 5% of our global total Scope 1 and 2 emissions, outlined in our mandatory GHG reporting also on this page.
(a) Fleet and associated diesel use excluded. Transportation is operated by a
third party and accounted for under Scope 3.
(b) Carbon emission factors for grid electricity calculated according to the marketbased method'
For further information on energy efficiency measures taken to reduce our carbon
emissions, please see page 19.
Table:
K operations | 2019 | 2018
Biogas (MWh) | 17,045 | 15,958
Natural gas (MWh) | 238,081 | 278,849
PG (MWh) | 866 | 1,513
Fuel oils (MWh) | 580 | 648
Coal (MWh) | 0 | 0
Electricity (MWh) | 195,796 | 196,965
Heat and steam (MWh) | 212,482 | 272,985
Total energy (MWh)(a) | 408,280 | 469,950
Total Scope 1 emissions (tonnes CO2e) | 48,178 | 56,533
Total Scope 2 emissions (tonnes COe)(b)2 | 702 | 3,067


Question: UK accounts for what percentage of Total Scope 1 and 2?
Answer: 5%
notes to consolidated financial statements at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) .

Table:
2008 | $ 317
2009 | 275
2010 | 236
2011 | 214
2012 | 191
later years | 597
total minimum payments required | $ 1830
aon corporation .

Question: what portion of the total minimum payments required for lease commitments is due in the upcoming year?
Answer: 17.3%
Calculation: divide(317, 1830)
COMPENSATION DISCUSSION AND ANALYSIS
IV. Our 2019 Compensation Program and Components of Pay The table below shows (i) the length of the “protected period” afforded to officers following a change of control and (ii) the multiple of salary and bonus payment and years of welfare benefits to which officers will be entitled if change of control benefits become payable under our agreements and related policies:
For more information on change of control arrangements applicable to our executives, including our rationale for
providing these benefits, see “Executive Compensation—Potential Termination Payments—Payments Made
Upon a Change of Control.” For information on change of control severance benefits payable to our junior
officers and managers, see “—Severance Benefits” in the next subsection below.
Table:
 | Protected Period | Multiple of Annual Cash Compensation | Years of Welfare Benefits
CEO | 2 years | 3 times | 3 years
Other Executives | 1.5 years | 2 times | 2 years
Other Officers | 1 year | 1 time | 1 year


Question: Under what conditions would officers be entitled to the years of welfare benefits?
Answer: if change of control benefits become payable under our agreements and related policies
A.5 Net assets position
Our total assets at the end of fiscal 2019 were influenced by positive currency translation effects of € 4.0 billion (mainly goodwill), primarily involving the U. S. dollar.
The increase in other current financial assets was driven by higher loans receivable at SFS, which were mainly due to new business and reclassification of non-current loans receivable from other financial assets. While higher loans receivable and receivables from finance leases from new business at SFS contributed also to growth in other financial assets, a large extent of the overall increase resulted from increased fair values of derivative financial instruments.
Inventories increased in several industrial businesses, with the build-up most evident at SGRE, Mobility and Siemens Healthineers.
Assets classified as held for disposal increased mainly due to reclassification of two investments from investments accounted for using the equity method.
The increase in goodwill included the acquisition of Mendix.
Deferred tax assets increased mainly due to income tax effects related to remeasurement of defined benefits plans.
The increase in other assets was driven mainly by higher net defined benefit assets from actuarial gains.
Table:
 |  | Sep 30, | 
(in millions of €) | 2019 | 2018 | % Change
Cash and cash equivalents | 12,391 | 11,066 | 12 %
Trade and other receivables | 18,894 | 18,455 | 2 %
Other current financial assets | 10,669 | 9,427 | 13 %
Contract assets | 10,309 | 8,912 | 16 %
Inventories | 14,806 | 13,885 | 7 %
Current income tax assets | 1,103 | 1,010 | 9 %
Other current assets | 1,960 | 1,707 | 15 %
Assets classified as held for disposal | 238 | 94 | 154 %
Total current assets | 70,370 | 64,556 | 9 %
Goodwill | 30,160 | 28,344 | 6 %
Other intangible assets | 9,800 | 10,131 | (3) %
Property, plant and equipment | 12,183 | 11,381 | 7 %
Investments accounted for using the equity method | 2,244 | 2,579 | (13) %
Other financial assets | 19,843 | 17,774 | 12 %
Deferred tax assets | 3,174 | 2,341 | 36 %
Other assets | 2,475 | 1,810 | 37 %
Total non-current assets | 79,878 | 74,359 | 7 %
Total assets | 150,248 | 138,915 | 8 %


Question: What is the increase / (decrease) in other current assets from 2018 to 2019?
Answer: 253
Calculation: 1,960 - 1,707
Property and Equipment, net
Property and equipment consist of the following (in thousands):
As of July 31, 2019 and 2018, no property and equipment was pledged as collateral. Depreciation expense, excluding the amortization of software development costs, was $9.7 million, $7.7 million, and $6.6 million for the fiscal years ended July 31, 2019, 2018, and 2017, respectively.
The Company capitalizes software development costs for technology applications that the Company will offer solely as cloud-based subscriptions, which is primarily comprised of compensation for employees who are directly associated with the software development projects. The Company begins amortizing the capitalized software development costs once the technology applications are available for general release over the estimated lives of the applications, ranging from three to five years.
The Company recognized approximately $1.0 million and $0.4 million in amortization expense in cost of revenue - license and subscription on the accompanying consolidated statements of operations during the fiscal years ended July 31, 2019 and 2018, respectively. There was no such amortization during the fiscal year ended July 31, 2017.
Table:
 | July 31, 2019  | July 31, 2018
Computer hardware | $17,799 | $20,614
Software | 6,741 | 4,664
Capitalized software development costs | 7,374 | 3,978
Equipment and machinery | 10,455 | 4,265
Furniture and fixtures | 8,137 | 4,217
Leasehold improvements | 48,191 | 10,751
    Total property and equipment | 98,697 | 48,489
Less accumulated depreciation | (32,888) | (29,894)
    Property and equipment, net  | $65,809 | $18,595


Question: What was the value of software in 2019?
Answer: 6,741
Share-based payments
Disclosures of the share-based payments offered to employees are set out below. More detail on each scheme is given in the Annual Report on Remuneration 2019 on pages 102 to 132. The charge to the Income Statement in respect of share-based payments is made up as follows:
Table:
 | 2019 | 2018
 | £m | £m
Performance Share Plan | 5.1 | 4.7
Employee Share Ownership Plan | 1.1 | 1.0
Total expense recognised in Income Statement | 6.2 | 5.7


Question: What was the change in the amount for Performance Share Plan from 2018 to 2019?
Answer: 0.4
Calculation: 5.1-4.7
7. Earnings Per Share
The following is a reconciliation of the amounts utilized in the computation of basic and diluted earnings per share for fiscal2 019, 2018 and 2017 (in thousands, except per share amounts):
In each of the fiscal years 2019, 2018 and 2017, share-based awards for approximately 0.1 million shares were not included in the computation of diluted earnings per share as they were antidilutive.
Table:
 | 2019 | 2018 | 2017
Net income | 108,616 | 13,040 | 112,062
Basic weighted average common shares outstanding | 30,271 | 33,003 | 33,612
Dilutive effect of share-based awards and options outstanding  | 803 | 916 | 941
Diluted weighted average shares outstanding | 31,074 | 33,919 | 34,553
Earnings per share: |  |  | 
Basic | 3.59 | 0.40 | 3.33
Diluted | 3.50 | 0.38 | 3.24


Question: Which years does the table provide information for the amounts utilized in the computation of basic and diluted earnings per share?
Answer: 2019, 2018, 2017
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: How is the fair value of the company's financial instrument defined?
Answer: 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.
Contractual Obligations
The following table summarizes the payments due by fiscal year for our outstanding contractual obligations as of June 30, 2019:
(a) Refer to Note 11 – Debt of the Notes to Financial Statements.
(b) Refer to Note 7 – Property and Equipment of the Notes to Financial Statements.
(c) Refer to Note 15 – Leases of the Notes to Financial Statements.
(d) Refer to Note 12 – Income Taxes of the Notes to Financial Statements.
(e) Amounts represent purchase commitments, including open purchase orders and take-or-pay contracts that are not presented as construction commitments above.
(f) We have excluded long-term tax contingencies, other tax liabilities, and deferred income taxes of $14.2 billion from the amounts presented as the timing of these obligations is uncertain. We have also excluded unearned revenue and non-cash items.
Table:
(In millions) | 2020 | 2021-2022 | 2023-2024 | Thereafter | Total
Long-term debt: (a) |  |  |  |  | 
Principal payments | $ 5,518 | $ 11,744 | $ 8,000 | $ 47,519 | $ 72,781
Interest payments | 2,299 | 4,309 | 3,818 | 29,383 | 39,809
Construction commitments (b) | 3,443 | 515 | 0 | 0 | 3,958
Operating leases, including imputed interest (c) | 1,790 | 3,144 | 2,413 | 3,645 | 10,992
Finance leases, including imputed interest (c) | 797 | 2,008 | 2,165 | 9,872 | 14,842
Transition tax (d) | 1,180 | 2,900 | 4,168 | 8,155 | 16,403
Purchase commitments (e) | 17,478 | 1,185 | 159 | 339 | 19,161
Other long-term liabilities (f) | 0 | 72 | 29 | 324 | 425
Total | $  32,505 | $  25,877 | $  20,752 | $  99,237 | $  178,371


Question: Where can the long-term debt be found?
Answer: Refer to Note 11 – Debt of the Notes to Financial Statements.
Profitability Measures
Net Income:
Our net income in the fiscal year ended February 28, 2019 was $18.4 million as compared to net income of $16.6 million in the same period last year. The increase is due to a $11.7 million increase in operating income, $3.0 million increase in investment income and $12.0 million decrease in income tax provision. The increase in operating income was primarily attributable to $21.0 million decrease in general and administrative expense due to reduced legal provision and related costs as further discussed in Note 19 and partially offset by $8.0 million of restructuring expense.
Adjusted EBITDA for Telematics Systems in the fiscal year ended February 28, 2019 decreased $8.1 million compared to the same period last year due to lower revenues as described above and the impact of high margin revenue earned on a strategic technology partnership arrangement in fiscal 2018. These factors were coupled with higher operating expenses in Telematics Systems as a result of increased headcount and outsourced professional service fees. Adjusted EBITDA for Software and Subscription Services increased $4.9 million compared to the same period last year due primarily to continued growth in revenues and gross profit from our Italia market and higher gross profit from our fleet management services.
See Note 20 for reconciliation of Adjusted EBITDA by reportable segments and a reconciliation to GAAP-basis net income (loss).
Table:
 | Fiscal years ended |  |  | 
 | February 28, |  |  | 
(In thousands) | 2019 | 2018 | $ Change | % Change
 | Segment |  |  | 
Telematics Systems | $40,821 | $48,943 | $(8,122) | (17.0%)
Software & Subscription Services | 13,093 | 8,233 | 4,860 | 59.0%
Corporate Expense | (5,699) | (4,794) | (905) | 19.0%
Total Adjusted EBITDA | $48,215 | $52,382 | $(4,167) | (8.0%)


Question: What is the total Adjusted EBITDA for Telematics Systems and Software & Subscription Services in 2019? 
Answer: 53914
Calculation: (40,821+13,093)
Stock Appreciation Rights Awards
During the second quarter of fiscal 2019, in connection with the completion of the Pinnacle acquisition, we granted 2.3 million cash-settled stock appreciation rights with a fair value estimated at closing date using a Black-Scholes option-pricing model and a grant date price of $36.37 per share to Pinnacle employees in replacement of their unvested stock option awards that were outstanding as of the closing date. Approximately $14.8 million of the fair value of the replacement awards granted to Pinnacle employees was attributable to pre-combination service and was included in the purchase price and established as a liability. As of May 26, 2019, the liability of the replacement stock appreciation rights was $0.9 million, which includes post-combination service expense, the mark-to-market of the liability, and the impact of payouts since acquisition.
The compensation income for our cash-settled stock appreciation rights totaled $13.7 million for fiscal 2019. Included in this amount is income of $14.0 million related to the mark-to-market of the liability established in connection with the Pinnacle acquisition and expense of $0.2 million for accelerated vesting of awards related to Pinnacle integration restructuring activities, net of the impact of marking-to-market these awards based on a lower market price of Conagra common shares. The related tax expense for fiscal 2019 was $3.4 million.
A summary of the stock appreciation rights activity as of May 26, 2019 and changes during the fiscal year then ended is presented below:
Table:
 | Number of Options (in Millions) | Weighted Average Exercise Price | Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value (in Millions)
Granted | 2.3 | $27.09 |  | 
Exercised | (0.1) | $24.79 |  | $0.1
Expired | (1.8) | $26.92 |  | 
Outstanding at May 26, 2019 | 0.4 | $28.13 | 0.16 | $0.6
Exercisable at May 26, 2019 | 0.4 | $28.13 | 0.16 | $0.6


Question: What is the proportion of exercised and expired stocks over granted stocks?
Answer: 0.83
Calculation: (0.1+1.8)/2.3
3.3 Trade receivables and contract assets
Recognition and measurement
All trade and other receivables recognised as current assets are due for settlement within no more than 30 days for marketing fees and within one year for trail commission. Trade receivables are measured on the basis of amortised cost.
It is the Group’s policy that all key partners who wish to trade on credit terms are subject to credit verification procedures.
Allowance for credit losses
iSelect applies the simplified approach and records lifetime expected losses on all trade receivables and contract assets. As a consequence, we do not track changes in credit risk, but recognise a loss allowance based on lifetime expected credit loss at each reporting date.
iSelect calculates its provision utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc. Debts that are known to be uncollectable are written off when identified. If an impairment allowance has been recognised for a debt that becomes uncollectable, the debt is written off against the provision. If an amount is subsequently recovered, it is credited against profit or loss.
As at 30 June 2019, expected credit losses are not considered material.
Contract assets
Contract assets are initially recognised for revenue earned from comparison, purchase support and referral services, as receipt of consideration is conditional on successful completion of a purchase between the customers and the product providers. Upon completion of sale and acceptance by the customer and the provider, invoices are issued to the provider for the amount receivable. These amounts invoiced are reclassified from contract assets to trade receivables. The trade receivable balance represents the Group’s unconditional right to receive the cash.
Key estimates – allowance for credit losses
We apply management judgement to estimate the expected credit losses for trade receivables and contract assets. Expected credit losses are assessed on an ongoing basis. Financial difficulties of the debtor, probability of default, delinquency in payments and credit ratings are utilised in this assessment.
Table:
 | CONSOLIDATED CONSOLIDATED | 
 | 2019 $’000 | 2018 $’000
Trade receivables | 6,165 | 4,952
Allowance for credit losses | - | (15)
Contract assets | 16,824 | 23,773
 | 22,989 | 28,710
The ageing analysis of trade rec The ageing analysis of trade receivables is as follows: |  | 
Current | 4,967 | 4,408
Past due 1 – 30 days | 1,024 | 291
Past due 31 – 90 days | 130 | 108
Past due 90+ days | 44 | 130
 | 6,165 | 4,937


Question: How does the Company recognise a loss allowance?
Answer: based on lifetime expected credit loss at each reporting date
3.3 Trade receivables and contract assets
Recognition and measurement
All trade and other receivables recognised as current assets are due for settlement within no more than 30 days for marketing fees and within one year for trail commission. Trade receivables are measured on the basis of amortised cost.
It is the Group’s policy that all key partners who wish to trade on credit terms are subject to credit verification procedures.
Allowance for credit losses
iSelect applies the simplified approach and records lifetime expected losses on all trade receivables and contract assets. As a consequence, we do not track changes in credit risk, but recognise a loss allowance based on lifetime expected credit loss at each reporting date.
iSelect calculates its provision utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc. Debts that are known to be uncollectable are written off when identified. If an impairment allowance has been recognised for a debt that becomes uncollectable, the debt is written off against the provision. If an amount is subsequently recovered, it is credited against profit or loss.
As at 30 June 2019, expected credit losses are not considered material.
Contract assets
Contract assets are initially recognised for revenue earned from comparison, purchase support and referral services, as receipt of consideration is conditional on successful completion of a purchase between the customers and the product providers. Upon completion of sale and acceptance by the customer and the provider, invoices are issued to the provider for the amount receivable. These amounts invoiced are reclassified from contract assets to trade receivables. The trade receivable balance represents the Group’s unconditional right to receive the cash.
Key estimates – allowance for credit losses
We apply management judgement to estimate the expected credit losses for trade receivables and contract assets. Expected credit losses are assessed on an ongoing basis. Financial difficulties of the debtor, probability of default, delinquency in payments and credit ratings are utilised in this assessment.
Table:
 | CONSOLIDATED CONSOLIDATED | 
 | 2019 $’000 | 2018 $’000
Trade receivables | 6,165 | 4,952
Allowance for credit losses | - | (15)
Contract assets | 16,824 | 23,773
 | 22,989 | 28,710
The ageing analysis of trade rec The ageing analysis of trade receivables is as follows: |  | 
Current | 4,967 | 4,408
Past due 1 – 30 days | 1,024 | 291
Past due 31 – 90 days | 130 | 108
Past due 90+ days | 44 | 130
 | 6,165 | 4,937


Question: How does the Company calculate its provision?
Answer: utilising historical credit loss experience, adjusted for other relevant factors, i.e. aging of receivables, credit rating of the debtor, etc.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .

Table:
 | 12/31/2009 | 12/31/2010 | 12/31/2011 | 12/31/2012 | 12/31/2013 | 12/31/2014
united parcel service inc . | $ 100.00 | $ 130.29 | $ 135.35 | $ 140.54 | $ 205.95 | $ 223.79
standard & poor 2019s 500 index | $ 100.00 | $ 115.06 | $ 117.48 | $ 136.26 | $ 180.38 | $ 205.05
dow jones transportation average | $ 100.00 | $ 126.74 | $ 126.75 | $ 136.24 | $ 192.61 | $ 240.91
.

Question: what was the difference in percentage cumulative total shareowners 2019 returns for united parcel service inc . compared to the standard & poor's 500 index for the five years ended 12/31/2014?
Answer: 18.74%
Calculation: subtract(223.79, const_100), divide(#0, const_100), subtract(205.05, const_100), divide(#2, const_100), subtract(#1, #3)