hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
This section presents the total remuneration of the Group’s external auditors for audit, assurance, and other services.
The auditors’ remuneration for the Group is as follows:
(1) Assurance related services include various agreed upon procedures and review of the sustainability report.
(2)  Other non-audit services include financial due diligence and other sundry services.
(3)  Other auditors are international associates of Deloitte Touche Tohmatsu Australia.
Table:
 | 2019 | 2018
 | $’000 | $’000
Auditors of the parent entity – Deloitte Touche Tohmatsu Australia |  | 
Audit or review of the financial reports | 3,055 | 2,778
Assurance related services (1) | 341 | 289
Tax compliance services | – | 11
Other non-audit services (2) | 222 | 193
 | 3,618 | 3,271
Other auditors (3) |  | 
Audit or review of the financial reports | 432 | 419
Assurance related services (1) | 50 | 50
Tax compliance services | 62 | 29
 | 544 | 498
Total auditors’ remuneration | 4,162 | 3,769


Question: What is the unit used in the table?
Answer: $’000
15. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
During the quarter ended December 31, 2019, we purchased a group annuity contract to transfer the pension benefit obligations and annuity administration for a select group of retirees or their beneficiaries to an annuity provider. As a result of the transfer of the pension liability to the annuity provider and other lump sum payments to participants of the Pension Plans, we recognized a non-cash pension settlement charge of $6.7 million during the quarter ended December 31, 2019.
In 2019, we recognized a gain on extinguishment of debt from the partial repurchase of our Senior Notes of $0.3 million, $1.1 million and $3.1 million during the quarters ended June 30, 2019, September 30, 2019, and December 31, 2019, respectively.
As part of our integration efforts of FairPoint and continued cost saving initiatives, we incurred severance costs of $8.7 million during the quarter ended December 31, 2019.
Table:
 |  | Quarter Ended |  | 
2019 | March 31, | June 30, | September 30, | December 31,
 |  | (In thousands, except per share amounts) |  | 
Net revenues | $338,649 | $333,532 | $333,326 | $331,035
Operating income | $16,720 | $14,300 | $23,542 | $26,719
Net income (loss) attributable to common stockholders | $(7,265) | $(7,387) | $257 | $(5,988)
Basic and diluted earnings (loss) per share | $(0.11) | $(0.10) | $— | $(0.08)


Question: What is the average Operating income for each quarter in 2019?
Answer: 20320.25
Calculation: (16,720 + 14,300 + 23,542 + 26,719) / 4
ii) Amounts in the financial statements
The assets and liabilities on the balance sheet are as follows:
3. Pensions continued
Table:
 | 2019 | 2018
 | £ million | £ million
Schemes in net asset position |  | 
UK defined benefit pension plan – Staff Plan | 7.8 | 1.1
UK defined benefit pension plan – Cash Plan | 1.0 | 0.9
 | 8.8 | 2.0
Schemes in net liability position |  | 
UK unfunded plan | (0.5) | (0.5)
Net pension plan surplus on the balance sheet | 8.3 | 1.5


Question: What was the net pension plan surplus on the balance sheet in 2019?
Answer: 8.3
CREDIT RISK
We are exposed to credit risk from operating activities and certain financing activities, the maximum exposure of which is represented by the carrying amounts reported in the statements of financial position.
We are exposed to credit risk if counterparties to our trade receivables and derivative instruments are unable to meet their obligations. The concentration of credit risk from our customers is minimized because we have a large and diverse customer base. There was minimal credit risk relating to derivative instruments at December 31, 2019 and 2018. We deal with institutions that have investment-grade credit ratings, and as such we expect that they will be able to meet their obligations. We regularly monitor our credit risk and credit exposure.
The following table provides the change in allowance for doubtful accounts for trade receivables.
Table:
 | NOTE | 2019 | 2018
Balance, January 1 |  | (51) | (54)
Adoption of IFRS 9 |  | – | (4)
Additions |  | (114) | (84)
Usage |  | 103 | 91
Balance, December 31 | 10 | (62) | (51)


Question: What is the average amount of Usage in 2018 and 2019?
Answer: 97
Calculation: (103+91)/2
In 2019 we recorded $5 million of impairment, restructuring charges and other related closure costs, mainly consisting of impairment of equipment and licenses dedicated exclusively to certain development projects that were cancelled, while no alternative future use was identified internally.
In 2018 we recorded $21 million of impairment, restructuring charges and other related closure costs, consisting of: (i) $19 million related to the set-top box restructuring plan and (ii) $2 million of impairment of acquired technologies, for which it was determined that they had no future alternative use.
In 2017 we recorded $45 million of impairment, restructuring charges and other related closure costs, primarily consisting of: (i) $34 million of net restructuring charges related to the set-top box restructuring plan; (ii) $13 million of restructuring charges related to the restructuring plan in Bouskoura, Morocco;
(iii) $3 million charge relating to the update of the existing unused lease provision and (iv) $5 million income for the reversal of provisions related to previously announced restructuring plans, mainly the Embedded Processing Solutions business restructuring plan, for which accrued provisions were not fully used at completion of the plan.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In millions) | 
Impairment, restructuring charges and other related closure costs | $(5) | $(21) | $(45)


Question: In 2018, what constituted Impairment, restructuring charges and other related closure costs?
Answer: (i) $19 million related to the set-top box restructuring plan and (ii) $2 million of impairment of acquired technologies, for which it was determined that they had no future alternative use.
Inventory
Inventory is stated at the lower of cost and net realizable value, using the first-in, first-out (“FIFO”) valuation method. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period.
Due to the low sell-through of our AirBar products, management has decided to fully reserve work-in-process for AirBar components, as well as AirBar related raw materials. Management has further decided to reserve for a portion of AirBar finished goods, depending on type of AirBar and in which location it is stored. The AirBar inventory reserve was $0.8 million and $1.0 million for the years ended December 31, 2019 and 2018, respectively.
In order to protect our manufacturing partners from losses in relation to AirBar production, we agreed to secure the value of the inventory with a bank guarantee. Since the sale of AirBars has been lower than expected, a major part of the inventory at the partner remained unused when the due date of the bank guarantee neared and Neonode therefore agreed that the partner should keep inventory for the production of 20,000 AirBars and the rest be purchased by us. The inventory value of these purchases has been fully reserved.
As of December 31, 2019, the Company’s inventory consists primarily of components that will be used in the manufacturing of our sensor modules. We segregate inventory for reporting purposes by raw materials, work-in-process, and finished goods.
Raw materials, work-in-process, and finished goods are as follows (in thousands):
Table:
 | December 31, | December 31,
 | 2019 | 2018
Raw materials | $396 | $246
Work-in-process | 186 | 220
Finished goods | 448 | 753
Ending inventory | $1,030 | $1,219


Question: What is the difference in ending inventory between 2018 and 2019?
Answer: 189
Calculation: $1,219 - $1,030
Software Development Costs
We capitalize purchased software upon acquisition if it is accounted for as internal-use software or if it meets the future alternative use criteria. We capitalize incurred labor costs for software development from the time technological feasibility of the software is established, or when the preliminary project phase is completed in the case of internal-use software, until the software is available for general release. Research and development costs and other computer software maintenance costs related to software development are expensed as incurred.
We estimate the useful life of our capitalized software and amortize its value over that estimated life. If the actual useful life is shorter than our estimated useful life, we will amortize the remaining book value over the remaining useful life or the asset may be deemed to be impaired and, accordingly, a write-down of the value of the asset may be recorded as a charge to earnings.
Upon the availability for general release, we commence amortization of the capitalized software costs on a product by product basis. Amortization of capitalized software is recorded using the greater of (i) the ratio of current revenues to total and anticipated future revenues for the applicable product or (ii) the straightline method over the remaining estimated economic life, which is estimated to be three to five years.
At each balance sheet date, the unamortized capitalized costs of a software product are compared with the net realizable value of that product. The net realizable value is the estimated future gross revenues from that product reduced by the estimated future costs of completing and disposing of that product, including the costs of performing maintenance and client support required to satisfy our responsibility set forth at the time of sale.
The amount by which the unamortized capitalized costs of a software product exceed the net realizable value of that asset is written off. If we determine that the value of the capitalized software could not be recovered, a write-down of the value of the capitalized software to its recoverable value is recorded as a charge to earnings. The unamortized balances of capitalized software were as follows:
Table:
 | December 31, | 
(In thousands) | 2019 | 2018
Software development costs | $428,641 | $317,637
Less: accumulated amortization | (184,712) | (107,977)
Software development costs, net | $243,929 | $209,660


Question: What is the percentage change in Software development costs, net from 2018 to 2019?
Answer: 0.16
Calculation: 243,929 / 209,660 - 1
NOTE 14-INFORMATION CONCERNING PRODUCT LINES, GEOGRAPHIC INFORMATION, ACCOUNTS RECEIVABLE AND REVENUE CONCENTRATION
The Company identifies its business segments based on business activities, management responsibility and geographic location. For all periods presented, the Company operated in a single reportable business segment.
The following is a breakdown of revenue by product family (in thousands):
(1) New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP license, QuickAI and SensiML AI software as a service (SaaS) revenues. Mature products include all products produced on semiconductor processes larger than 180 nanometer.
Table:
 |  | Fiscal Years | 
 | 2019 | 2018 | 2017
Revenue by product line (1) : |  |  | 
New products | $3,123 | $5,735 | $5,853
Mature products | 7,187 | 6,894 | 6,296
Total revenue | $10,310 | $12,629 | $12,149


Question: What are the respective revenue from new products in 2018 and 2019?
Answer: $5,735, $3,123
9. Audit, audit related and other non-audit services  The following fees were paid or are payable to the company’s auditors, KPMG LLP and other firms in the KPMG network, for the year ended 31 March 2019. Figures in the table below for the years ended 31 March 2017 and 2018 are in respect of fees paid to the company’s previous auditors, PricewaterhouseCoopers LLP.
a Services in relation to the audit of the parent company and the consolidated financial statements, including fees for reports under section 404 of the Sarbanes-Oxley Act. This also includes fees payable for the statutory audits of the financial statements of subsidiary companies. This excludes amounts for the audit of BT Group Employee Share Ownership Trust and Ilford Trustees (Jersey) Limited amounting to £32,000.
b During the year a further £446,000 of fees were payable to PricewaterhouseCoopers LLP in relation to the audit of 2017/18 subsidiary accounts and the audit of our restated IAS 19 accounting valuation of retirement benefit obligations, which have not been included in the 2019 balances in the above table.
c Services in relation to other statutory filings or engagements that are required by law or regulation to be carried out by an appointed auditor. This includes fees for the review of interim results, the accrued fee for the audit of the group’s regulatory financial statements and reporting associated with the group’s US debt shelf registration. d Services relating to tax returns, tax audits, monitoring and enquiries.
e Fees payable for all taxation advisory services not falling within taxation compliance. All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit. g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
f All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit.
g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
Table:
 | 2019 | 2018 | 2017
Year ended 31 March | £000 | £000 | £000
Fees payable to the company’s auditors and its associates for: |  |  | 
Audit services a,b |  |  | 
The audit of the parent company and the consolidated financial statements | 8,165 | 5,418 | 4,316
The audit of the company’s subsidiaries | 6,061 | 5,877 | 5,675
 | 14,226 | 11,295 | 9,991
Audit related assurance services c | 2,236 | 1,771 | 1,865
Other non-audit services |  |  | 
Taxation compliance services d | – | – | 366
Taxation advisory services e | – | – | 111
All other assurance services f | 748 | 211 | 200
All other services g | 210 | 592 | 2,332
 | 958 | 803 | 3,009
Total services | 17,420 | 13,869 | 14,865


Question: What fees were payable to PricewaterhouseCoopers LLP in relation to the audit of 2017/18 subsidiary accounts?
Answer: £446,000
Capital stock 2019
Capital stock at December 31, 2019, consisted of the following:
The capital stock of the Parent Company is divided into two classes: Class A shares (quota value SEK 5.00) and Class B shares (quota value SEK 5.00). Both classes have the same rights of participation in the net assets and earnings.Class A shares, however, are entitled to one vote per share while Class B shares are entitled to one tenth of one vote per share.
At December 31, 2019, the total number of treasury shares was 19,853,247 (37,057,039 in 2018 and 50,265,499 in 2017) Class B shares.
Table:
Capital stock |  | 
Parent Company | Number of shares | Capital stock (SEK million)
Class A shares | 261,755,983 | 1,309
Class B shares | 3,072,395,752 | 15,363
Total | 3,334,151,735 | 16,672


Question: What is the difference between capital stock value in class A and B shares?
Answer: 14054
Calculation: 15,363-1,309
Contractual Obligations
Presented below is information about our material contractual obligations and the periods in which those future payments are due as of December 31, 2019. Future events could cause actual payments to differ from these estimates. As of December 31, 2019, the following table summarizes our contractual obligations and the effect such obligations are expected to have on our liquidity and cash flow in future periods (in thousands):
(1) The 2017 Facility incurs interest at a variable rate. The projected variable interest payments assume no change in the Eurodollar Base Rate, or LIBOR, from December 31, 2019.
(2) Represents the current portion of our expected cash payments for our liability to repurchase subsidiary unit awards for our professional residential property management and vacation rental management subsidiary.
(3) Represents amounts due under multi-year, non-cancelable contracts with third-party vendors, as well as other commitments.
The commitment amounts in the table above are associated with contracts that are enforceable and legally binding and that specify all significant terms, including fixed or minimum services to be used, fixed, minimum or variable price provisions, and the approximate timing of the actions under the contracts. The table does not include obligations under agreements that we can cancel without a significant penalty.
As of December 31, 2019, we had no outstanding letters of credit under our 2017 Facility.
Table:
Contractual Obligations | 1 Year | 2 to 3 Years | 4 to 5 Years | More Than 5 Years | Total
Debt: |  |  |  |  | 
Principal payments | $— | $63,000 | $— | $— | $63,000
Interest payments1 | 2,206 | 3,876 | — | — | 6,082
Unused line fee payments | 126 | 222 | — | — | 348
Operating lease commitments | 9,818 | 18,823 | 15,840 | 10,893 | 55,374
Subsidiary unit award liabilities2 | 141 | — | — | — | 141
Other long-term liabilities | — | 4,375 | 2,513 | 601 | 7,489
Other commitments 3 | 624 | 290 | — | — | 914
Total contractual obligations | $12,915 | $90,586 | $18,353 | $11,494 | $133,348


Question: What does Subsidiary unit award liabilities represent?
Answer: the current portion of our expected cash payments for our liability to repurchase subsidiary unit awards for our professional residential property management and vacation rental management subsidiary.
The director compensation policies summarized above resulted in the following total compensation for our non-management directors in fiscal year 2019:
Director Compensation Table
(1) Oleg Khaykin, President and Chief Executive Officer, is not included in this table as he was an employee of the Company and as such received no compensation for his services as a director. His compensation is disclosed in the Summary Compensation Table.
(2) The amounts shown in this column represent the grant date fair values of RSUs issued pursuant to the Company’s 2003 Equity Incentive Plan, computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“FASB ASC Topic 718”), excluding the effect of estimated forfeitures. There can be no assurance that these grant date fair values will ever be realized by the non-employee directors. For information regarding the number of unvested RSUs held by each non-employee director as of the end of fiscal year 2019, see the column “Unvested Restricted Stock Units Outstanding” in the table below
Table:
DIRECTOR COMPENSATION |  |  | 
Name (1) | Fees Earned or Paid in Cash ($) | Stock Awards ($) (2) | Total ($)
Keith Barnes | 102,500 | 178,317 | 280,817
Richard E. Belluzzo | 160,000 | 178,317 | 338,317
Laura Black | 67,500 | 178,317 | 245,817
Tor Braham | 67,500 | 178,317 | 245,817
Timothy Campos | 77,500 | 178,317 | 255,817
Donald Colvin | 97,500 | 178,317 | 275,817
Masood A. Jabbar | 90,000 | 178,317 | 268,317


Question: What is the difference between  Richard E. Belluzzo's total compensation as compared to Laura Black?
Answer: 92500
Calculation: (338,317-245,817)
9. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consists of the following (in thousands):
Depreciation and amortization expense related to property and equipment for fiscal years 2019, 2018 and 2017 was $29.7 million, $30.7 million and $27.3 million, respectively. Accumulated depreciation on capital lease assets for fiscal years 2019 and 2018 was $5.3 million and $3.2 million, respectively.
See Note 17 - Impairments and Note 15 - Restructurings for information related to property and equipment impaired during fiscal year 2019.
Table:
 | September 27,  | September 28, 
 | 2019 | 2018
Construction in process | 24,848 | 49,661
Machinery and equipment | 175,696 | 174,638
Leasehold improvements | 12,962 | 14,984
Furniture and fixtures | 3,716 | 2,306
Capital lease assets | 46,496 | 19,380
Computer equipment and software | 18,116 | 17,317
           Total property and equipment | 281,834 | 278,286
Less accumulated depreciation and amortization | (149,187) | (128,363)
Property and equipment — net | $132,647 | $149,923


Question: What was the value of Machinery and equipment in 2019?
Answer: 175,696
Stock Options
Stock options granted pursuant to the 2016 Incentive Plan are granted at an exercise price not less than the market value per share of the Company’s common stock on the date of grant. Under the 2016 Incentive Plan, the term of the outstanding options may not exceed ten years nor be less than one year. Vesting of options is determined by the compensation committee of the board and the administrator of the 2016 Incentive Plan and can vary based upon the individual award agreements. In addition, outstanding options do not have dividend equivalent rights associated with them under the 2016 Incentive Plan.
A summary of stock option activity is as follows:
The weighted average grant date fair value of stock options granted during the years ended December 31, 2018 and 2017, was $7.03 and $6.24, respectively. The Company did not grant stock options during the year ended December 31, 2019. The total intrinsic value of stock options exercised during the years ended December 31, 2019, 2018, and 2017, was $16.0 million, $15.8 million, and $13.4 million, respectively.
Table:
 | Number of Shares | Weighted Average Exercise Price ($) | Weighted Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value of In-the- Money Options ($)
Outstanding, December 31, 2018 | 4,864,836 | $17.76 |  | 
Exercised | -854,524 | 15.78 |  | 
Forfeited | -3,496 | 17.89 |  | 
Outstanding, December 31, 2019 | 4,006,816 | $18.18 | 3.71 | $78,949,941
Exercisable, December 31, 2019 | 3,462,664 | $17.86 | 3.70 | $69,349,255


Question: What is the difference in the Weighted Average Exercise Price between Exercised and Forfeited stock options?
Answer: 2.11
Calculation: 17.89-15.78
Net debt
Net debt is a measure that provides valuable additional information on the summary presentation of the Group’s net financial liabilities and is a measure in common use elsewhere.
Prior to this quarter, all financial asset derivatives were current financial assets and so reduced net debt. Following a recent review we now also have financial asset derivatives that are non-current in nature. As all of these derivatives relate to financial liabilities, we continue to exclude them for the purposes of our net debt calculation and have expanded our definition to reflect this.
Net debt is now defined as the excess of total financial liabilities, excluding trade payables and other current liabilities, over cash, cash equivalents and other current financial assets, excluding trade and other current receivables, and non-current financial asset derivatives that relate to financial liabilities.
(a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.
Table:
 | € million | € million
 | 2019 | 2018
 |  | (Restated)(a)
Total financial liabilities | (28,257) | (26,738)
Current financial liabilities | (4,691) | (3,613)
Non-current financial liabilities | (23,566) | (23,125)
Cash and cash equivalents as per balance sheet | 4,185 | 3,230
Cash and cash equivalents as per cash flow statement | 4,116 | 3,090
Add bank overdrafts deducted therein | 69 | 140
Other current financial assets | 907 | 874
Non-current financial assets derivatives that relate to financial liabilities | 114 | –
Net debt | (23,051) | (22,634)


Question: What is excluded from Net Debt calculation?
Answer: trade and other current receivables, and non-current financial asset derivatives that relate to financial liabilities.