hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
"three factor formula" ) . the consolidated financial statements include northrop grumman management and support services allocations totaling $ 32 million for the year ended december 31 , 2011 . shared services and infrastructure costs - this category includes costs for functions such as information technology support , systems maintenance , telecommunications , procurement and other shared services while hii was a subsidiary of northrop grumman . these costs were generally allocated to the company using the three factor formula or based on usage . the consolidated financial statements reflect shared services and infrastructure costs allocations totaling $ 80 million for the year ended december 31 , 2011 . northrop grumman-provided benefits - this category includes costs for group medical , dental and vision insurance , 401 ( k ) savings plan , pension and postretirement benefits , incentive compensation and other benefits . these costs were generally allocated to the company based on specific identification of the benefits provided to company employees participating in these benefit plans . the consolidated financial statements include northrop grumman- provided benefits allocations totaling $ 169 million for the year ended december 31 , 2011 . management believes that the methods of allocating these costs are reasonable , consistent with past practices , and in conformity with cost allocation requirements of cas or the far . related party sales and cost of sales prior to the spin-off , hii purchased and sold certain products and services from and to other northrop grumman entities . purchases of products and services from these affiliated entities , which were recorded at cost , were $ 44 million for the year ended december 31 , 2011 . sales of products and services to these entities were $ 1 million for the year ended december 31 , 2011 . former parent's equity in unit transactions between hii and northrop grumman prior to the spin-off have been included in the consolidated financial statements and were effectively settled for cash at the time the transaction was recorded . the net effect of the settlement of these transactions is reflected as former parent's equity in unit in the consolidated statement of changes in equity . 21 . unaudited selected quarterly data unaudited quarterly financial results for the years ended december 31 , 2013 and 2012 , are set forth in the following tables: .

Table:
( $ in millions except per share amounts ) | year ended december 31 2013 1st qtr | year ended december 31 2013 2nd qtr | year ended december 31 2013 3rd qtr | year ended december 31 2013 4th qtr
sales and service revenues | $ 1562 | $ 1683 | $ 1637 | $ 1938
operating income ( loss ) | 95 | 116 | 127 | 174
earnings ( loss ) before income taxes | 65 | 87 | 99 | 143
net earnings ( loss ) | 44 | 57 | 69 | 91
dividends declared per share | $ 0.10 | $ 0.10 | $ 0.10 | $ 0.20
basic earnings ( loss ) per share | $ 0.88 | $ 1.14 | $ 1.38 | $ 1.86
diluted earnings ( loss ) per share | $ 0.87 | $ 1.12 | $ 1.36 | $ 1.82
.

Question: what is the total dividend per share declared in 2013?
Answer: 0.50
Calculation: add(0.10, 0.10), add(#0, 0.10), add(#1, #0)
Summarized 100% statement of financial position information for ASMPT equity method investment excluding basis adjustments (foreign currency exchange rate per December 31, 2019 was 1 HK$: €0.11432 for December 31, 2018: 1 HK$: €0.11151).
Equity of ASMPT per December 31, 2019 translated into euros at a rate of 0.11432 was €1,329 million (our 25.19% share: €335 million).
The ASMPT Board is responsible for ongoing monitoring of the performance of the Back-end activities. The actual results of the Back-end operating unit are discussed with the ASMPT Audit Committee, which includes the representative of ASMI. The ASMI representative reports to the ASMI Management Board and the Audit Committee of ASMI on a quarterly basis.
Our share of income taxes incurred directly by the associates is reported in result from investments in associates and as such is not included in income taxes in our consolidated financial statements.
Table:
 | December 31, | 
(HK$ million) | 2018 | 2019
Current assets | 15,168 | 13,381
Non-current assets | 5,907 | 7,464
Current liabilities | 7,792 | 4,432
Non-current liabilities | 1,122 | 4,781
Equity | 12,161 | 11,632


Question: Which year has the highest equity to total asset ratio?
Answer: 2018
Calculation: 2018:(12,161/( 5,907 + 15,168 )=0.58); 2019:( 11,632/(13,381+7,464)=0.56)
OPERATING EXPENSES
(1) Fiscal 2019 average foreign exchange rate used for translation was 1.3255 USD/CDN.
(2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued
operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(3) Fiscal 2019 actuals are translated at the average foreign exchange rate of fiscal 2018 which was 1.2773 USD/CDN.
Fiscal 2019 operating expenses increased by 7.3% (5.4% in constant currency) mainly from:
• growth in the American broadband services segment mainly due to the impact of the MetroCast acquisition which was included in operating expenses for only an eight-month period in the prior year combined with higher programming costs, additional headcount to support growth, higher marketing initiatives to drive primary service units growth and the FiberLight acquisition; and
• additional costs in Inter-segment eliminations and other resulting from the timing of corporate projects and initiatives; partly offset by
• lower operating expenses in the Canadian broadband services segment mainly attributable to lower programming costs resulting from a lower level of primary service units and lower compensation expenses resulting from an operational optimization program implemented in the first half of fiscal 2019, partly offset by higher marketing initiatives, additional headcount costs in the first quarter of fiscal 2019 to support the stabilization phase of the new customer management system as well as retroactive costs related to higher rates than expected established by the Copyright Board of Canada.
For further details on the Corporation’s operating expenses, please refer to the "Segmented operating and financial results" section.
Table:
Years ended August 31, | 2019 (1) | 2018 (2) | Change | Change in constant currency (3) | Foreign exchange impact (3)
(in thousands of dollars, except percentages) | $ | $ | % | % | $
Canadian broadband services | 606,286 | 618,886 | (2.0) | (2.2) | 1,102
American broadband services | 571,208 | 478,172 | 19.5 | 15.2 | 20,522
Inter-segment eliminations and other | 26,486 | 24,567 | 7.8 | 7.8 | 12
 | 1,203,980 | 1,121,625 | 7.3 | 5.4 | 21,636


Question: What was the increase in 2019 operating expenses?
Answer: 7.3%
The Company recorded amortization expense of $4.8 million, $1.5 million and $0.1 million for the years ended March 31, 2019, 2018 and 2017, respectively. Amortization relating to developed technology and capitalized software was recorded within cost of revenue and amortization of customer relationships and trade names was recorded within sales and marketing expenses.
Future estimated amortization expense of intangible assets as of March 31, 2019 is as follows:
Table:
 | Purchased Intangible Assets | Capitalized Software
2020 | $ 2,582 | $ 3,522
2021 | 2,560 | 2,790
2022 | 2,560 | 1,420
2023 | 2,560 | 528
Thereafter | 12,012 | 89
Total | $ 22,274 | $ 8,349


Question: How much did the Company recorded amortization expense for the year ended March 31, 2018?
Answer: $1.5 million
LONG-TERM DEBT
In addition to the Facility, the Company also had the following long-term obligations at fiscal 2019 and fiscal 2018.
Table:
 | 2019 | 2018
Note payable to a bank (“Real Estate Loan”), interest payable at a fixed rate of 2.99% with monthly installments of principal and interest of $38,344 through August 2021 with remaining principal due September 2021, collateralized by three distribution facilities | $ 2,263,040 | $  2,648,179
Note payable, interest payable at a fixed rate of 4.50% with quarterly installments of principal and interest of $49,114 through June 2023 with remaining principal due September 2023 | 1,395,351 | 1,476,772
Note payable, interest-free with varying installments during fiscal 2019 | — | 629,746
 | 3,658,391 | 4,754,697
Less current maturities | (532,747) | (1,096,306)
 | $3,125,644 | $3,658,391


Question: What is the percentage change in the company's interest-free note payable between 2018 and 2019?
Answer: -100
Calculation: (0 - 629,746)/629,746
equity compensation plan information the following table presents the equity securities available for issuance under our equity compensation plans as of december 31 , 2013 . equity compensation plan information plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights ( 2 ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( a ) ( b ) ( c ) equity compensation plans approved by security holders 2956907 $ 35.01 2786760 equity compensation plans not approved by security holders ( 3 ) 2014 2014 2014 .

Table:
plan category | number of securities to be issued upon exercise of outstanding options warrants and rights ( 1 ) ( a ) ( b ) | weighted-average exercise price of outstanding optionswarrants and rights ( 2 ) | number of securities remaining available for future issuance under equity compensation plans ( excluding securitiesreflected in column ( a ) ) ( c )
equity compensation plans approved by security holders | 2956907 | $ 35.01 | 2786760
equity compensation plans not approved by security holders ( 3 ) | 2014 | 2014 | 2014
total | 2956907 | $ 35.01 | 2786760
( 1 ) includes grants made under the huntington ingalls industries , inc .
2012 long-term incentive stock plan ( the "2012 plan" ) , which was approved by our stockholders on may 2 , 2012 , and the huntington ingalls industries , inc .
2011 long-term incentive stock plan ( the "2011 plan" ) , which was approved by the sole stockholder of hii prior to its spin-off from northrop grumman corporation .
of these shares , 818723 were subject to stock options , 1002217 were subject to outstanding restricted performance stock rights , 602400 were restricted stock rights , and 63022 were stock rights granted under the 2011 plan .
in addition , this number includes 24428 stock rights and 446117 restricted performance stock rights granted under the 2012 plan , assuming target performance achievement .
( 2 ) this is the weighted average exercise price of the 818723 outstanding stock options only .
( 3 ) there are no awards made under plans not approved by security holders .
item 13 .
certain relationships and related transactions , and director independence information as to certain relationships and related transactions and director independence will be incorporated herein by reference to the proxy statement for our 2014 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year .
item 14 .
principal accountant fees and services information as to principal accountant fees and services will be incorporated herein by reference to the proxy statement for our 2014 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year. .

Question: what portion of the equity compensation plan approved by security holders remains available for future issuance?
Answer: 48.5%
Calculation: add(2956907, 2786760), divide(2786760, #0)
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
The following table reflects the cash flow impact of GS Holdings on the Consolidated Statements of Cash Flows for the years indicated.
Table:
 | Year Ended December 31, | 
 | 2019 | 2018
Net cash provided by operating activities | $153,327 | $256,426
Net cash used in investing activities | (15,381) | (6,581)
Net cash used in financing activities | (159,608) | (154,210)
Net increase (decrease) in cash and cash equivalents and restricted cash | (21,662) | 95,635
Cash and cash equivalents and restricted cash at beginning of period | 449,473 | 353,838
Cash and cash equivalents and restricted cash at end of period | $427,811 | $449,473


Question: What was the change in the net cash used in financing activities between 2018 and 2019?
Answer: -5398
Calculation: -159,608-(-154,210)
Other Current Assets
The following table presents details of other current assets in our consolidated balance sheets:
Table:
 | As of December 31, | 
 | 2019 | 2018
 | (Dollars in millions) | 
Prepaid expenses | $274 | 307
Income tax receivable | 35 | 82
Materials, supplies and inventory | 105 | 120
Contract assets | 42 | 52
Contract acquisition costs | 178 | 167
Contract fulfillment costs | 115 | 82
Other | 59 | 108
Total other current assets | $808 | 918


Question: What is the amount of contract acquisition costs in 2019?
Answer: 178
performance graph this graph compares the return on lilly stock with that of the standard & poor 2019s 500 stock index and our peer group for the years 2014 through 2018 . the graph assumes that , on december 31 , 2013 , a person invested $ 100 each in lilly stock , the s&p 500 stock index , and the peer groups' common stock . the graph measures total shareholder return , which takes into account both stock price and dividends . it assumes that dividends paid by a company are reinvested in that company 2019s stock . value of $ 100 invested on last business day of 2013 comparison of five-year cumulative total return among lilly , s&p 500 stock index , peer group ( 1 ) .

Table:
 | lilly | peer group | s&p 500
dec-13 | $ 100.00 | $ 100.00 | $ 100.00
dec-14 | $ 139.75 | $ 114.39 | $ 113.69
dec-15 | $ 175.21 | $ 116.56 | $ 115.26
dec-16 | $ 157.03 | $ 112.80 | $ 129.05
dec-17 | $ 185.04 | $ 128.90 | $ 157.22
dec-18 | $ 259.88 | $ 136.56 | $ 150.33
( 1 ) we constructed the peer group as the industry index for this graph .
it comprises the companies in the pharmaceutical and biotech industries that we used to benchmark the compensation of our executive officers for 2018 : abbvie inc. ; amgen inc. ; astrazeneca plc ; baxter international inc. ; biogen idec inc. ; bristol-myers squibb company ; celgene corporation ; gilead sciences inc. ; glaxosmithkline plc ; johnson & johnson ; medtronic plc ; merck & co. , inc. ; novartis ag. ; pfizer inc. ; roche holdings ag ; sanofi ; and shire plc. .

Question: what was the difference in percentage return for lilly compared to the peer group for the five years ended dec-18?
Answer: 123.32%
Calculation: subtract(259.88, const_100), divide(#0, const_100), subtract(136.56, const_100), divide(#2, const_100), subtract(#1, #3)
Cost of Revenues and Gross Margin
Subscription cost of revenues and gross margin. Cost of subscriptions revenues increased by $50.9 million, or 46%, during fiscal year 2019 as compared to fiscal year 2018. Primary drivers of the increase were increases in third-party costs to support our solution offerings of $21.5 million, infrastructure support costs of $19.8 million including amortization expense from acquired intangible assets, and headcount and personnel and contractor related costs of $9.6 million including share-based compensation expense. These factors resulted in a decrease in gross margin.
The increase in headcount and other expense categories described herein was driven primarily by investments in our infrastructure and capacity to improve the availability of our subscription offerings, while also supporting the growth in new customers and increased usage of our subscriptions by our existing customer base. We expect subscription gross margin to be within a relatively similar range in the future.
Other cost of revenues and gross margin. Cost of other revenues increased by $23.0 million, or 48%, during fiscal year 2019 as compared to fiscal year 2018. This was primarily due to the increase in services personnel costs of $11.1 million including share-based compensation expense, cost of product sales of $10.6 million, and overhead costs of $1.3 million. Other revenues gross margin fluctuates based on timing of completion of professional services projects and discounting on phones.
Table:
 | Year ended December 31, |  |  |  | Year ended December 31, |  |  | 
(in thousands, except percentages) | 2019 | 2018 | $ Change | % Change | 2018 | 2017 | $ Change | % Change
Cost of revenues |  |  |  |  |  |  |  | 
Subscriptions | $160,320 | $109,454 | $50,866 | 46% | $109,454 | $89,193 | $20,261 | 23%
Other | 70,723 | 47,675 | 23,048 | 48% | 47,675 | 32,078 | 15,597 | 49%
Total cost of revenues | $231,043 | $157,129 | $73,914 | 47% | $157,129 | $121,271 | $35,858 | 30%
Percentage of revenues |  |  |  |  |  |  |  | 
Subscriptions | 18% | 16% |  |  | 16% | 18% |  | 
Other | 8% | 7% |  |  | 7% | 6% |  | 
Gross margins |  |  |  |  |  |  |  | 
Subscriptions | 80% | 82% |  |  | 82% | 81% |  | 
Other | 17% | 22% |  |  | 22% | 16% |  | 
Total gross margin % | 74% | 77% |  |  | 77% | 76% |  | 


Question: What is the average total cost of revenue between 2017 to 2019?
Answer: 169814.33
Calculation: (121,271 + 157,129 + 231,043)/3
NOTE 4 – REMUNERATION TO AUDITORS APPOINTED AT THE PARENT COMPANY’S ANNUAL GENERAL MEETING
Under SEC regulations, the remuneration of the auditor of USD 0.7m (2018: USD 0.8m, 2017: USD 1.0m) is required to be presented as follows: Audit USD 0.6m (2018: USD 0.6m, 2017: USD 0.6m) and other audit-related services USD 0.1m (2018: USD 0.2m, 2017: USD 0.4m).
Our Audit Committee pre-approves all audit, audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees prior to the engagement of the independent auditor with respect to such services.
Table:
USDm | 2019 | 2018 | 2017
Audit fees |  |  | 
Fees payable to the Company's auditor for the audit of the Company's annual accounts | 0.4 | 0.4 | 0.4
Audit of the Company's subsidiaries pursuant to legislation | 0.2 | 0.2 | 0.2
Total audit fees | 0.6 | 0.6 | 0.6
Non-audit fees |  |  | 
Audit-related services | 0.1 | 0.2 | 0.4
Tax services | 0.0 | - | -
Total non-audit fees | 0.1 | 0.2 | 0.4
Total | 0.7 | 0.8 | 1.0


Question: What was the percentage change in the the total remuneration to the auditor in 2019 from 2018?
Answer: -12.5
Calculation: (0.7-0.8)/0.8
Original Equipment Manufacturers (“OEM”) are the end-customers to which we provide direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that we engage to distribute our products around the world.
By market channel, our fourth quarter revenues in Distribution amounted to 28% of our total revenues, flat compared to the previous quarter and decreasing on a year-over-year basis.
Table:
 |  | Three Months Ended | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018
 |  | (Unaudited, in %) | 
OEM | 72% | 72% | 69%
Distribution | 28 | 28 | 31
Total | 100% | 100% | 100%


Question: What are Original Equipment Manufacturers?
Answer: Original Equipment Manufacturers (“OEM”) are the end-customers to which we provide direct marketing application engineering support
4.11 Income Taxes
The following table reconciles the amount of reported income taxes in the income statements with income taxes calculated at a statutory income tax rate of 27.0% for both 2019 and 2018.
Income taxes in 2019 increased by $138 million, compared to 2018, mainly due to higher taxable income and a lower value of uncertain tax positions favourably resolved in 2019 compared to 2018, partly offset by a favourable change in the corporate income tax rate in Alberta in Q2 2019.
Table:
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
Net earnings | 3,253 | 2,973
Add back income taxes | 1,133 | 995
Earnings before income taxes | 4,386 | 3,968
Applicable statutory tax rate | 27.0% | 27.0%
Income taxes computed at applicable statutory rates | (1,184) | (1,071)
Non-taxable portion of gains (losses) on investments | 4 | (9)
Uncertain tax positions | 15 | 68
Effect of change in provincial corporate tax rate | 27 | –
Change in estimate relating to prior periods | 14 | 20
Non-taxable portion of equity losses | (20) | (10)
Previously unrecognized tax benefits | 9 | –
Other | 2 | 7
Total income taxes | (1,133) | (995)
Average effective tax rate | 25.8% | 25.1%


Question: What was the main factor that led to the increase in income taxes in 2019?
Answer: higher taxable income and a lower value of uncertain tax positions favourably resolved in 2019 compared to 2018, partly offset by a favourable change in the corporate income tax rate in Alberta in Q2 2019
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 , 2008 at the closing price on the last trading day of 2008 , and also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available measure of 81 of the standard & poor's 500 companies , representing 17 diversified financial services companies , 22 insurance companies , 19 real estate companies and 23 banking companies . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s. , and is composed of 24 leading national money center and regional banks and thrifts. .

Table:
 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013
state street corporation | $ 100 | $ 111 | $ 118 | $ 105 | $ 125 | $ 198
s&p 500 index | 100 | 126 | 146 | 149 | 172 | 228
s&p financial index | 100 | 117 | 132 | 109 | 141 | 191
kbw bank index | 100 | 98 | 121 | 93 | 122 | 168
.

Question: what is the roi of an investment in the state street corporation from 2008 to 2011?
Answer: 5%
Calculation: subtract(105, 100), divide(#0, 100)