hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
For the fourth quarter of 2019, the Group had free cash flow of RMB37,896 million. This was a result of net cash flow generated from operating activities of RMB50,604 million, offset by payments for capital expenditure of RMB12,708 million.
Table:
 | Audited | Unaudited
 | 31 December | 30 September
 | 2019 | 2019
 | (RMB in millions) | 
Cash and cash equivalents | 132,991 | 145,607
Term deposits and others | 72,270 | 54,499
 | 205,261 | 200,106
Borrowings | (126,952) | (112,148)
Notes payable | (93,861) | (95,131)
Net debt | (15,552) | (7,173)
Fair value of our stakes in listed investee companies (excluding subsidiaries) | 419,818 | 352,656


Question: What is the group's net debt as at 31 December 2019?
Answer: RMB15,552 million
B. Liquidity and Capital Resources
Our operations and strategic objectives require continuing capital investment, and our resources include cash on hand and cash provided by operations, as well as access to capital from bank borrowings and access to capital markets. Management believes that cash generated by or available to us should be sufficient to fund our capital and liquidity needs for at least the next 12 months.
Our future financial and operating performance, ability to service or refinance debt and ability to comply with covenants and restrictions contained in our debt agreements will be subject to future economic conditions, the financial health of our customers and suppliers and to financial, business and other factors, many of which are beyond our control. Furthermore, management believes that working capital is sufficient for our present requirements.
(*) including trade receivables classified as current asset based on operating cycle of two years.
The decrease in working capital as at March 31, 2019 as compared to March 31, 2018 was primarily the result of an increase in short-term borrowings amounting to $208.9 million as at March 31, 2019 from $152 million as at March 31, 2018 due to overdraft against restricted deposits and loan installments due within 12 months.
For additional information, please see Note 2(a) and Note 32 to our audited Consolidated Financial Statements appearing elsewhere in this annual report.
Table:
 |  | Year ended March 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Current assets(*) | $351,597 | $339,562 | $362,477
Current liabilities | 318,672 | 239,327 | 316,101
Working capital | $32,925 | $100,235 | $46,376


Question: What is the average current liabilities from 2017-2019?
Answer: 291366.67
Calculation: (318,672 + 239,327 + 316,101) / 3
Note 5. Fair Value of Financial Instruments
The Company measures and reports certain cash equivalents, including money market funds and certificates of deposit, in addition to its long-term investments at fair value in accordance with the provisions of the authoritative accounting guidance that addresses fair value measurements. This guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available
The hierarchy is broken down into three levels based on the reliability of the inputs as follows:
Level 1: Observable inputs that reflect unadjusted quoted prices in active markets for identical assets or liabilities
Level 2: Other inputs, such as quoted prices for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability
Level 3: Unobservable inputs that are supported by little or no market activity and that are based on management’s assumptions, including fair value measurements determined by using pricing models, discounted cash flow methodologies or similar techniques
The financial assets carried at fair value were determined using the following inputs (in thousands):
The Company’s other financial instruments, including accounts receivable, accounts payable, and other current liabilities, are carried at cost, which approximates fair-value due to the relatively short maturity of those instruments.
Table:
 | Fair value at December 31, 2019 | Level 1 | Level 2 | Level 3
Cash equivalents: |  |  |  | 
Money market funds | $297,311 | $297,311 | $ - | $ -
Noncurrent assets: |  |  |  | 
Long-term investments | 132,188 | - | - | 132,188
 | Fair value at December 31, 2018 | Level 1 | Level 2 | Level 3
Cash equivalents: |  |  |  | 
Money market funds | $485,872 | $485,872 | $ - | $ -
Noncurrent assets: |  |  |  | 
Long-term investments | - | - | - | -


Question: What is the total value of money market funds in 2018 and 2019?
Answer: 783183
Calculation: 297,311 + 485,872
Plans with projected benefit obligations in excess of plan assets are attributable to unfunded domestic supplemental retirement plans, and our U.K. retirement plan.
Accrued benefit liability reported as:
As of September 30, 2019 and 2018, the amounts included in accumulated other comprehensive income, consisted of
deferred net losses totaling approximately $6.3 million and $5.3 million, respectively.
The amount of net deferred loss expected to be recognized as a component of net periodic benefit cost for the year ending September 30, 2019, is approximately $229 thousand.
Table:
 | September 30, | 
 | 2019 | 2018
 | (Amounts in thousands) | 
Current accrued benefit liability | $335 | $340
Non-current accrued benefit liability | 6,904 | 6,168
Total accrued benefit liability | $7,239 | $6,508


Question: What is the amount included in accumulated other comprehensive income as of September 30, 2019?
Answer: $6.3 million
15. Revenue from Contracts with Customers
Impact of Adopting Topic 606
The effects of the adoption on the Company's Consolidated Financial Statements for the fiscal year ended September 28, 2019 was as follows (in thousands):
Table:
 | September 28, 2019
As Reported | Adjustments due to Topic 606 | September 28, 2019
As Adjusted - Without
Adoption of Topic 606
ASSETS |  |  | 
   Contract assets | $90,841 | $90,841 | $—
Inventories | 700,938 | (81,895) | 782,833
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  | 
Other accrued liabilities | $106,461 | $(375) | $106,836
Retained earnings | 1,178,677 | 9,321 | 1,169,356


Question: What was the balance after the adjustment due to Topic 606 for Inventories?
Answer: 782,833
The Systems gross profit margin decrease year to year was driven by the mix away from IBM Z and margin declines in Power Systems and Storage Systems.
The pre-tax income decline was driven by the strong performance in IBM Z in the prior year and the continued investment in innovation across the Systems portfolio.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2018 | 2017 | Yr.-to-Yr. Percent/ Margin Change
Systems |  |  | 
External Systems Hardware gross profit | $2,590 | $2,893 | (10.5)%
External Systems Hardware gross profit margin | 40.7% | 44.6% | (3.8)pts
External Operating Systems Software gross profit | $1,412 | $1,469 | (3.9)%
External Operating Systems Software gross profit margin | 84.5% | 86.4% | (1.9)pts.
External total gross profit | $4,002 | $4,362 | (8.2)%
External total gross profit margin | 49.8% | 53.2% | (3.4)pts.
Pre-tax income | $ 904 | $1,128 | (19.9)%
Pre-tax margin | 10.2% | 12.6% | (2.4)pts.


Question: Did the Systems gross profit margin increase or decrease year to year?
Answer: The Systems gross profit margin decrease year to year
Significant components of our deferred tax assets and liabilities are as follows:
The deferred tax assets and liabilities for fiscal 2019 and 2018 include amounts related to various acquisitions. The total change in deferred tax assets and liabilities in fiscal 2019 includes changes that are recorded to other comprehensive income (loss), retained earnings and goodwill.
We calculate deferred tax assets and liabilities based on differences between financial reporting and tax bases of assets and liabilities and measure them using the enacted tax rates and laws that we expect will be in effect when the differences reverse.
Table:
 |  | September 30,
 | 2019 | 2018
 |  | (in thousands)
Deferred tax assets: |  | 
Accrued employee benefits | $ 11,409 | $ 8,285
Allowances for loss contingencies | 3,561 | 3,518
Deferred compensation | 3,071 | 3,272
Intangible assets | — | 1,361
Inventory valuation | 8,036 | 1,154
Long-term contracts | 6,995 | 7,751
Prepaid and accrued expenses | 1,816 | 1,229
Retirement benefits | 4,967 | 1,398
Tax credit carryforwards | 33,118 | 35,137
Loss carryforwards | 36,248 | 29,097
Other | 818 | 264
Total gross deferred tax assets | 110,039 | 92,466
Valuation allowance | (69,098) | (81,838)
Total deferred tax assets | 40,941 | 10,628
Deferred tax liabilities: |  | 
Debt obligation basis difference | (4,582) | —
Deferred revenue | (12,135) | (2,351)
Intangible assets | (18,592) | —
Property, plant and equipment | (4,524) | (5,079)
Unremitted earnings | (977) | (823)
Other | (587) | (351)
Total deferred tax liabilities | (41,397) | (8,604)
Net deferred tax asset (liability) | $ (456) | $ 2,024


Question: What does the total change in deferred tax assets and liabilities in 2019 include?
Answer: changes that are recorded to other comprehensive income (loss), retained earnings and goodwill
Disaggregation of Revenue
The tables below present the Company’s revenue disaggregated by type of revenue. Refer to Note 13, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from customers outside the United States comprising less than 1% of total revenue.
Table:
 | Year Ended June 30, |  | 
 | 2019 | 2018 | 2017
Processing | $594,202 | $550,058 | $506,555
Outsourcing & Cloud | 405,359 | 361,922 | 327,738
Product Delivery & Services | 231,982 | 251,743 | 256,794
In-House Support | 321,148 | 307,074 | 297,203
Services & Support | 958,489 | 920,739 | $881,735
Total Revenue | $1,552,691 | $1,470,797 | $1,388,290


Question: What are the types of revenue shown in the table?
Answer: Processing, Outsourcing & Cloud, Product Delivery & Services, In-House Support, Services & Support
Cloud & Cognitive Software
* Recast to reflect segment changes.
** 2019 results were impacted by Red Hat purchase accounting.
Cloud & Cognitive Software revenue of $23,200 million increased 4.5 percent as reported (6 percent adjusted for currency) in 2019 compared to the prior year. There was strong growth in Cloud & Data Platforms, as reported and at constant currency, driven primarily by the acquisition of Red Hat in the third quarter of 2019. Red Hat had continued strong performance since the acquisition, in Red Hat Enterprise Linux (RHEL), application development and emerging technologies, led by OpenShift and Ansible. Red Hat and IBM are driving synergies with strong adoption of Cloud Paks since their introduction, expansion of our combined client base and more than 2,000 clients using our hybrid cloud platform. Cognitive Applications also grew as reported and at constant currency. Transaction Processing Platforms declined year to year as reported, but grew 1 percent adjusted for currency driven by strong fourth-quarter performance.
Cognitive Applications revenue of $5,765 million grew 2.3 percent as reported (4 percent adjusted for currency) compared to the prior year, driven by double-digit growth as reported and adjusted for currency in Security, and growth in industry verticals such as IoT. The Security performance included continued strong results in threat management software and services offerings. Within IoT, we had good revenue performance across the portfolio as we continued to invest in new offerings and industry-specific solutions.
Cloud & Data Platforms revenue of $9,499 million increased 10.4 percent as reported (12 percent adjusted for currency) compared to the prior year. Performance was driven by the addition of RHEL and OpenShift and the continued execution of the combined Red Hat and IBM hybrid strategy.
Transaction Processing Platforms revenue of $7,936 million decreased 0.5 percent as reported, but grew 1 percent adjusted for currency in 2019, compared to the prior year. Revenue performance reflects the ongoing investment in IBM platforms, and the timing of larger transactions that are tied to client business volumes and buying cycles.
Within Cloud & Cognitive Software, cloud revenue of $4.2 billion grew 40 percent as reported and 42 percent adjusted for currency year to year, reflecting the acquisition of Red Hat and client adoption of our hybrid cloud offerings.
Table:
($ in millions) |  |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change ** | Yr.-to-Yr. Percent Change Adjusted for Currency **
Cloud & Cognitive Software external revenue | $23,200 | $22,209 | 4.5% | 6.2%
Cognitive Applications | $ 5,765 | $ 5,633 | 2.3% | 3.9%
Cloud & Data Platforms | 9,499 | 8,603 | 10.4 | 12.3
Transaction Processing Platforms | 7,936 | 7,974 | (0.5) | 1.4


Question: What caused the increase in Cognitive Applications revenue in 2019?
Answer: driven by double-digit growth as reported and adjusted for currency in Security, and growth in industry verticals such as IoT.
ACQUISITIONS National Storage has successfully transacted 35 acquisitions and 4 development sites in FY19 and continues to pursue high-quality acquisitions across Australia and New Zealand. The ability to acquire and integrate strategic accretive acquisitions is one of National Storage’s major competitive advantages and a cornerstone of its growth strategy. This active growth strategy also strengthens and scales the National Storage operating platform which drives efficiencies across the business.
WINE ARK Wine Ark, Australia’s largest wine storage provider is part of the National Storage group and houses over two million bottles of fine wine across 15 centres for clients located in over 30 countries. There are few businesses in Australia with more experience when it comes to storing and managing premium wine. Throughout FY19 Wine Ark continued to strengthen its relationship and involvement in the greater wine trade supporting the Wine Communicators of Australia, Sommeliers Association of Australia, Wine Australia and Commanderie de Bordeaux (Australian Chapter).
Table:
REGION | NUMBER OF CENTRES | TOTAL NLA
Brisbane | 5 | 25,000
Gold Coast | 4 | 6,500
Sunshine Coast | 1 | 6,500
Central Coast (NSW) | 6 | 20,600
Wollongong | 3 | 12,700
Melbourne | 2 | 8,600
Adelaide | 3 | 15,500
Perth | 2 | 10,800
Auckland (NZ) | 3 | 27,000
Hamilton (NZ) | 4 | 21,600
Rotorua (NZ) | 1 | 5,000
Tauranga (NZ) | 1 | 3,200
Total Acquisitions | 35 | 163,000


Question: What is the average total NLA of Sunshine Coast and Gold Coast?
Answer: 6500
Calculation: (6,500 + 6,500) / 2
Purchased Intangible Assets
Purchased intangible assets include core and developed technology, in-process research and development, customer-related intangibles, acquisition-date backlog and other intangible assets. The estimated fair values of the core and developed technology and in-process research and development were determined based on the present value of the expected cash flows to be generated by the respective existing technology or future technology. The core and developed technology intangible assets are being amortized in a manner based on the expected cash flows used in the initial determination of fair value. In-process research and development is capitalized until such time as the related projects are completed or abandoned at which time the capitalized amounts will begin to be amortized or written off. Customer-related intangible assets consist of Atmel's contractual relationships and customer loyalty related to its distributor and end-customer relationships, and the fair values of the customerrelated intangibles were determined based on Atmel's projected revenues. An analysis of expected attrition and revenue growth for existing customers was prepared from Atmel's historical customer information. Customer relationships are being amortized in a manner based on the estimated cash flows associated with the existing customers and anticipated retention rates. Backlog relates to the value of orders not yet shipped by Atmel at the acquisition date, and the fair values were based on the estimated profit associated with those orders. Backlog related assets had a one year useful life and were being amortized on a straight line basis over that period. The total weighted average amortization period of intangible assets acquired as a result of the Atmel transaction is 9 years. Amortization expense associated with acquired intangible assets is not deductible for tax purposes. Thus, approximately $178.1 million was established as a net deferred tax liability for the future amortization of the intangible assets.
Table:
 | Weighted Average Useful Life | April 4, 2016
 | (in years) | (in millions)
Core and developed technology | 11 | $1,075.0
In-process research and development | — | 140.7
Customer-related | 6 | 630.6
Backlog | 1 | 40.3
Other | 5 | 1.8
Total purchased intangible assets |  | $1,888.4


Question: What was the difference in Weighted Average Useful Life between Core and developed technology and customer-related assets?
Answer: 5
Calculation: 11-6
Free cashflow
The Group achieved another year of strong cashflow performance with operating cashflow for FY19 of $836.3m again exceeding EBITDA. Tax payments in FY19 were significantly lower than the prior year because FY18 included tax paid on the capital gain realised on the sale of investments in FY17.
Capital expenditure
Business as usual (‘BAU’) capital expenditure of $198.7m was $59.3m lower than last year principally due to the substantial completion in the prior year of the build for the VHA fibre contract.
Mobile spectrum capex of $352.4m in FY19 reflects the payment during the year of the second instalment for the Australian 700MHz spectrum acquired at auction in April 2017. The first instalment of $597.3m was paid in FY18 and the third and final instalment of $352.4m is payable in January 2020. A further $86.1m of capex was also incurred in FY19 in relation to the Australian mobile network rollout up until the project ceased. This expenditure on spectrum and mobile assets in Australia was partly impaired as part of the impairment review that was undertaken following the cessation of the project as described above.
Capex for the mobile network build in Singapore in FY19 was $80.1m taking the aggregate capex incurred on the project up to $147m (excluding spectrum).
Table:
 | FY19 | FY18
 | $m | $m
Operating cashflow | 836.3 | 868.3
Tax | (128.6) | (194.5)
IRU / finance lease payments | (5.5) | (34.1)
Capex - BAU | (198.7) | (258.0)
Capex - mobile spectrum | (352.4) | (597.3)
Capex - mobile networks (Aus) | (86.1) | (38.7)
Capex - mobile networks (Sg) | (80.1) | (62.3)
Free cashflow | (15.1) | (316.6)


Question: Why was there a change in tax payments from FY18 to FY19?
Answer: Because FY18 included tax paid on the capital gain realised on the sale of investments in FY17.
Note 21 Debt due within one year
(1) Includes commercial paper of $1,502 million in U.S. dollars ($1,951 million in Canadian dollars) and $2,314 million in U.S. dollars ($3,156 million in Canadian dollars) as at December 31, 2019 and December 31, 2018, respectively, which were issued under our U.S. commercial paper program and have been hedged for foreign currency fluctuations through forward currency contracts. See Note 26, Financial and capital management, for additional details.
(2) Included in long-term debt due within one year is the current portion of lease liabilities of $775 million as at December 31, 2019 and the current portion of finance leases of $466 million as at December 31, 2018.
Table:
FOR THE YEAR ENDED DECEMBER 31 | NOTE | WEIGHTED AVERAGE INTEREST RATE AT DECEMBER 31, 2019 | 2019 | 2018
Notes payable (1) | 26 | 2.03% | 1,994 | 3,201
Loans secured by trade receivables | 26 | 2.71% | 1,050 | 919
Long-term debt due within one year (2) | 22 | 4.77% | 837 | 525
Total debt due within one year |  |  | 3,881 | 4,645


Question: How are the notes payable hedged?
Answer: hedged for foreign currency fluctuations through forward currency contracts
entergy corporation and subsidiaries management's financial discussion and analysis refer to 201cselected financial data - five-year comparison of entergy corporation and subsidiaries 201d which accompanies entergy corporation 2019s financial statements in this report for further information with respect to operating statistics . in november 2007 the board approved a plan to pursue a separation of entergy 2019s non-utility nuclear business from entergy through a spin-off of the business to entergy shareholders . in april 2010 , entergy announced that it planned to unwind the business infrastructure associated with the proposed spin-off transaction . as a result of the plan to unwind the business infrastructure , entergy recorded expenses in 2010 for the write-off of certain capitalized costs incurred in connection with the planned spin-off transaction . these costs are discussed in more detail below and throughout this section . net revenue utility following is an analysis of the change in net revenue comparing 2010 to 2009 . amount ( in millions ) .

Table:
 | amount ( in millions )
2009 net revenue | $ 4694
volume/weather | 231
retail electric price | 137
provision for regulatory proceedings | 26
rough production cost equalization | 19
ano decommissioning trust | -24 ( 24 )
fuel recovery | -44 ( 44 )
other | 12
2010 net revenue | $ 5051
the volume/weather variance is primarily due to an increase of 8362 gwh , or 8% ( 8 % ) , in billed electricity usage in all retail sectors , including the effect on the residential sector of colder weather in the first quarter 2010 compared to 2009 and warmer weather in the second and third quarters 2010 compared to 2009 .
the industrial sector reflected strong sales growth on continuing signs of economic recovery .
the improvement in this sector was primarily driven by inventory restocking and strong exports with the chemicals , refining , and miscellaneous manufacturing sectors leading the improvement .
the retail electric price variance is primarily due to : increases in the formula rate plan riders at entergy gulf states louisiana effective november 2009 , january 2010 , and september 2010 , at entergy louisiana effective november 2009 , and at entergy mississippi effective july 2009 ; a base rate increase at entergy arkansas effective july 2010 ; rate actions at entergy texas , including base rate increases effective in may and august 2010 ; a formula rate plan provision of $ 16.6 million recorded in the third quarter 2009 for refunds that were made to customers in accordance with settlements approved by the lpsc ; and the recovery in 2009 by entergy arkansas of 2008 extraordinary storm costs , as approved by the apsc , which ceased in january 2010 .
the recovery of storm costs is offset in other operation and maintenance expenses .
see note 2 to the financial statements for further discussion of the proceedings referred to above. .

Question: what is the net change in amount of net revenue from 2009 to 2010?
Answer: 357
Calculation: subtract(5051, 4694)