hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Americas 2019 Exit Plan
During the first quarter of 2019, the Company initiated a restructuring plan to simplify and refine its operating model in the U.S. (the “Americas 2019 Exit Plan”), in part to improve agent attrition and absenteeism. The Americas 2019 Exit Plan included closing customer engagement centers, consolidating leased space in various locations in the U.S. and management reorganization. The Company finalized the actions as of September 30, 2019.
Americas 2018 Exit Plan
During the second quarter of 2018, the Company initiated a restructuring plan to manage and optimize capacity utilization, which included closing customer engagement centers and consolidating leased space in various locations in the U.S. and Canada (the “Americas 2018 Exit Plan”). The Company finalized the site closures under the Americas 2018 Exit Plan as of December 31, 2018, resulting in a reduction of 5,000 seats.
The Company’s actions under both the Americas 2018 and 2019 Exit Plans resulted in general and administrative cost savings and lower depreciation expense.
The cumulative costs incurred to date related to cash and non-cash expenditures resulting from the Americas 2018 and 2019 Exit Plans are outlined below as of December 31, 2019 (in thousands):
(1) Included in “General and administrative” costs in the accompanying Consolidated Statements of Operations.
(2) Included in “Direct salaries and related costs” in the accompanying Consolidated Statements of Operations.
The Company has paid a total of $12.3 million in cash through December 31, 2019, of which $10.4 million related to the Americas 2018 Exit Plan and $1.9 million related to the Americas 2019 Exit Plan.
Table:
 | Americas 2018 Exit Plan | Americas 2019 Exit Plan
Lease obligations and facility exit costs (1) | $7,073 | $—
Severance and related costs (2) | 3,426 | 191
Severance and related costs (1) | 1,037 | 2,155
Non-cash impairment charges | 5,875 | 1,582
Other non-cash charges | — | 244
 | $17,411 | $4,172


Question: Where are the Severance and related costs included in the accompanying Consolidated Statements of Operations?
Answer: General and administrative, Direct salaries and related costs
Adjusted Return on Invested Capital (Adjusted RoIC): TORM defines Adjusted RoIC as earnings before interest and tax (EBIT) less tax and impairment losses and reversals, divided by the average invested capital less average impairment for the period. Invested capital is defined below.
The Adjusted RoIC expresses the returns generated on capital invested in the Group adjusted for impacts related to the impairment of the fleet. The progression of RoIC is used by TORM to measure progress against our longer-term value creation goals outlined to investors. Adjusted RoIC is calculated as follows:
¹⁾ Average invested capital is calculated as the average of the opening and closing balance of invested capital.
²⁾ Average impairment is calculated as the average of the opening and closing balances of impairment charges on vessels and goodwill in the balance sheet.
Table:
USDm | 2019 | 2018 | 2017
EBIT less Tax | 205.1 | 1.2 | 38.8
Impairment reversal | -120.0 | - | -
EBIT less tax and impairment | 85.1 | 1.2 | 38.8
Average invested capital¹⁾ | 1,627.7 | 1,437.7 | 1,396.9
Average impairment ²⁾ | 98.2 | 185.0 | 185.0
Average invested capital less average impairment | 1,725.9 | 1,622.7 | 1,581.9
Adjusted RoIC | 4.9% | 0.1% | 2.4%


Question: What was the percentage change in the Average invested capital less average impairment in 2019 from 2018?
Answer: 6.36
Calculation: (1,725.9-1,622.7)/1,622.7
11. Income Taxes
The geographical breakdown of loss before income taxes is as follows (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Domestic loss | $(20,345) | $(29,658) | $(13,752)
Foreign income | 3,933 | 3,123 | 4,207
Loss before income taxes | $(16,412) | $(26,535) | $(9,545)


Question: What is the company's domestic loss in 2019?
Answer: $(20,345)
IBM Working Capital
Working capital decreased $10,200 million from the year-end
2018 position. The key changes are described below:
Current assets decreased $10,726 million ($10,477 million adjusted for currency) due to: • A decline in receivables of $6,769 million ($6,695 million adjusted for currency) driven by a decline in financing receivables of $8,197 million primarily due to the wind down of OEM IT commercial financing operations; partially offset by an increase in other receivables of $989 million primarily related to divestitures; and • A decrease of $3,213 million ($3,052 million adjusted for currency) in cash and cash equivalents, restricted cash, and marketable securities primarily due to retirement of debt.
Current liabilities decreased $526 million ($449 million adjusted
for currency) as a result of:
• A decrease in accounts payable of $1,662 million primarily due to the wind down of OEM IT commercial financing operations; and • A decrease in short-term debt of $1,410 million due to maturities of $12,649 million and a decrease in commercial paper of $2,691 million; partially offset by reclassifications of $7,592 million from long-term debt to reflect upcoming maturities and issuances of $6,334 million; offset by • An increase in operating lease liabilities of $1,380 million as a result of the adoption of the new leasing standard on January 1, 2019; and • An increase in deferred income of $861 million ($890 million adjusted for currency).
Table:
($ in millions) |  | 
At December 31: | 2019 | 2018
Current assets | $38,420 | $49,146
Current liabilities | 37,701 | 38,227
Working capital | $   718 | $10,918
Current ratio | 1.02:1 | 1.29:1


Question: What was the increase / (decrease) in the current assets from 2018 to 2019?
Answer: -10726
Calculation: 38,420 - 49,146
The total remuneration of the Group’s auditors, PricewaterhouseCoopers LLP and other member firms of PricewaterhouseCoopers International Limited, for services provided to the Group during the year ended 31 March 2019 is analysed below
Notes: 1 Fees during the implementation phase of new accounting standards, notably preparations for IFRS 15 “Revenue from Contracts with Customers” in the year ended 31 March 2018 and preparations for IFRS 16 “Leases” in the year ended 31 March 2019.
2 Relates to fees for statutory and regulatory filings during the year. In addition, the amount for the year ended 31 March 2018 includes non-recurring fees that were incurred during the preparations for a potential IPO of Vodafone New Zealand and the merger of Vodafone India and Idea Cellular. The amount for the year ended 31 March 2017 primarily arose from work on regulatory filings prepared in anticipation of a potential IPO of Vodafone India that was under consideration prior to the agreement for the merger of Vodafone India and Idea Cellular.
A description of the work performed by the Audit and Risk Committee in order to safeguard auditor independence when non-audit services are provided is set out in the Audit and Risk Committee report on pages 71 to 76.
Table:
 | 2019 | 2018 | 2017
 | €m | €m | €m
Parent company | 2 | 2 | 2
Subsidiaries | 14 | 14 | 13
Subsidiaries – new accounting standards1 | 1 | 5 | 1
Audit fees: | 17 | 21 | 16
Audit-related fees2 | 2 | 5 | 4
Non-audit fees: | 2 | 5 | 4
Total fees | 19 | 26 | 20


Question: How much is the 2019 audit fees ?
Answer: 17
5. Investment income and financing costs
Investment income comprises interest received from short-term investments and other receivables as well as certain foreign exchange movements. Financing costs mainly arise from interest due on bonds and commercial paper issued, bank loans and the results of hedging transactions used to manage foreign exchange and interest rate movements
Note: 1 Includes €305 million (2018: €187 million; 2017: €272 million) of interest on foreign exchange derivatives.
Table:
 | 2019 | 2018 | 2017
 | €m | €m | €m
Investment income: |  |  | 
Amortised cost | 286 | 339 | 426
Fair value through profit and loss | 147 | 24 | 20
Foreign exchange | – | 322 | 28
 | 433 | 685 | 474
Financing costs: |  |  | 
Items in hedge relationships: |  |  | 
Other loans | 17 | 74 | 170
Interest rate and cross-currency interest rate swaps | (414) | (128) | (235)
Fair value hedging instrument | (8) | 48 | 22
Fair value of hedged item | 10 | (36) | (16)
Other financial liabilities held at amortised cost: |  |  | 
Bank loans and overdrafts | 336 | 317 | 419
Bonds and other liabilities1 | 1,567 | 885 | 1,243
Interest (credit)/charge on settlement of tax issues | (1) | (11) | 47
Fair value through profit and loss: |  |  | 
Derivatives – options, forward starting swaps and futures | 391 | (75) | (244)
Foreign exchange | 190 | – | –
 | 2,088 | 1,074 | 1,406
Net financing costs | 1,655 | 389 | 932


Question: Which financial years' information is shown in the table?
Answer: 2017, 2018, 2019
Acquisition of Fagerdala
On October 2, 2017, the Company acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam based in Singapore, to join its Product Care division. We acquired 100% of Fagerdala shares for estimated consideration of S$144.7 million, or $106.2 million, net of cash acquired of $13.3 million, inclusive of purchase price adjustments which were finalized in the third quarter of 2018. We acquired Fagerdala to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
The following table summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.
Table:
 | Preliminary Allocation | Measurement Period | Final Allocation
(In millions) | As of October 2, 2017 | Adjustments | As of December 31, 2018
Total consideration transferred | $ 106.6 | $ (0.4) | $ 106.2
Assets: |  |  | 
Cash and cash equivalents | 13.3 | — | 13.3
Trade receivables, net | 22.4 | — | 22.4
Inventories, net | 10.0 | 0.1 | 10.1
Prepaid expenses and other current assets | 8.4 | — | 8.4
Property and equipment, net | 23.3 | — | 23.3
Identifiable intangible assets, net | 41.4 | 0.7 | 42.1
Goodwill | 39.3 | (1.5) | 37.8
Total assets | $ 158.1 | $ (0.7) | $ 157.4
Liabilities: |  |  | 
Short-term borrowings | 14.0 | — | 14.0
Accounts payable | 6.9 | — | 6.9
Other current liabilities | 15.1 | (0.1) | 15.0
Long-term debt, less current portion | 3.8 | — | 3.8
Non-current deferred taxes | 11.7 | (0.2) | 11.5
Total liabilities | $ 51.5 | $ (0.3) | $ 51.2


Question: What is the value of 1 USD to SGD at time of calculation?
Answer: 1.36
Calculation: 144.7/106.2
11. INTEREST EXPENSES
Interest expenses consist of interest expense on the long-term debt, the commitment fee and amortization of deferred financing costs related to the Credit Facility described in Note 9.
For the years ended December 31, 2019, 2018 and 2017, $0.0 million, $2.6 million and $2.5 million of interest expenses were capitalized, respectively.
Table:
All amounts in USD ‘000  | 2019 | 2018 | 2017
Interest Expenses, net of capitalized interest   | 34,018 | 29,753 | 18,286
Commitment Fee   | - | 3,325 | 760
Amortization of Deferred Financing Costs   | 4,372 | 1,470 | 1,393
Other financial costs   | - | 1 | 25
Total Interest Expenses   | 38,390 | 34,549 | 20,464


Question: What are the respective interest expenses net of capitalised interest in 2018 and 2019?
Answer: 29,753, 34,018
1.25% Notes Embedded Cash Conversion Option
The embedded cash conversion option within the 1.25% Notes is required to be separated from the 1.25% Notes and accounted for separately as a derivative liability, with changes in fair value recognized immediately in our consolidated statements of operations in Other income (loss), net until the cash conversion option settles or expires.
The initial fair value liability of the embedded cash conversion option was $82.8 million, which simultaneously reduced the carrying value of the 1.25% Notes (effectively an original issuance discount). The embedded cash conversion option is measured and reported at fair value on a recurring basis within Level 3 of the fair value hierarchy. For further discussion of the inputs used to determine the fair value of the embedded cash conversion option, refer to Note 1, “Basis of Presentation and Significant Accounting Policies.”
The following table shows the net impact of the changes in fair values of the 1.25% Call Option and 1.25% Notes embedded cash conversion option in the consolidated statements of operations:
Table:
 |  | Year Ended December 31, | 
(In thousands) | 2019 | 2018 | 2017
1.25% Call Option | $ (9,020) | $ (37,474) | $ 29,498
1.25% Embedded cash conversion option | 9,789 | 37,803 | (30,118)
Net (loss) income included in other income, net | $ 769 | $ 329 | $ (620)


Question: What was the initial fair value liability of the embedded cash conversion option?
Answer: $82.8 million
Foreign Currency Translation Impact on Consolidated Financial Results
Since we are a U.S. domiciled company, we translate our foreign currency-denominated financial results into US Dollars. Due to the changes in the value of foreign currencies relative to the US Dollar, translating our financial results from foreign currencies to US Dollars may result in a favorable or unfavorable impact. Historically, the most significant currencies that have impacted the translation of our consolidated financial results are the euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.
The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results
Table:
(In millions) | 2019 vs. 2018 | 2018 vs. 2017
Net sales | $ (137.2) | $ (43.4)
Cost of sales | 98.4 | 31.7
Selling, general and administrative expenses | 16.3 | 1.0
Net earnings | (15.7) | (8.2)
Non-U.S. GAAP Adjusted EBITDA | (25.3) | (11.1)


Question: What currency is translated to by the company for financial results?
Answer: US Dollars
Note 26. Other Income (Expense)
Other income (expense), net consisted of the following (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Foreign currency transaction gains(losses) | $(1,262) | $2,029 | $(548)
Gains (losses) on derivative instruments not designated as hedges | (674) | (1,751) | 143
Net investment gains (losses) on investments held in rabbi trust | 2,379 | (867) | 1,619
Other miscellaneous income (expense) | (857) | (1,659) | 44
 | $(414) | $(2,248) | $1,258


Question: Which years was Other income (expense), net calculated?
Answer: 2019, 2018, 2017
V. INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment
Notes:
1. Secured loans excluding deposits of `39 crore as at March 31, 2019, represents obligations under finance lease including current portion of obligations.
2. Opening balance as at April 1, 2018, of unsecured loans represent bank overdraft of `181 crore.
3. Deposits represent amounts received from lessee for the premises given on sub-lease and from vendors for contracts to be executed.
Table:
 | Secured loans excluding deposits | Unsecured loans | Deposits | Total Indebtedness
 | Note 1 | Note 2 | Note 3 | 
Indebtedness at the beginning of the financial year |  |  |  | 
i) Principal Amount | 44 | 181 | 3 | 228
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 44 | 181 | 3 | 228
Change in Indebtedness during the financial year |  |  |  | 
• Addition | - | - | 1 | 1
• Reduction | (5) | (181) | - | (186)
Net change | (5) | (181) | 1 | (185)
Indebtedness  at the end  of the financial year |  |  |  | 
i) Principal amount | 39 | - | 4 | 43
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 39 | - | 4 | 43


Question: What is the value of the bank overdraft as at April 1, 2018?
Answer: `181 crore
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
We have also recorded the following amounts to accumulated other comprehensive loss for the U.S. and non-U.S. pension plans, net of tax:
Table:
 | U.S.Pension Plans | Non-U.S.Pension Plans
 | Unrecognized Loss | Unrecognized Loss
Balance at January 1, 2018 | $75,740 | $1,898
Amortization of retirement benefits, net of tax | (4,538) | (126)
Settlements | — | —
Net actuarial gain | 6,732 | 196
Foreign exchange impact | — | (52)
Tax impact due to implementation of ASU 2018-02 | 17,560 | —
Balance at January 1, 2019 | $95,494 | $1,916
Amortization of retirement benefits, net of tax | (4,060) | (138)
Net actuarial (loss) gain | (2,604) | 78
Foreign exchange impact | — | 44
Balance at December 31, 2019 | $88,830 | $1,900


Question: What was the percentage change in the balance for unrecognized losses for U.S. Pension Plans between January 1, 2018 and 2019?
Answer: 26.08
Calculation: (95,494-75,740)/75,740
2016 non-qualified deferred compensation as of december 31 , 2016 , mr . may had a deferred account balance under a frozen defined contribution restoration plan . the amount is deemed invested , as chosen by the participant , in certain t . rowe price investment funds that are also available to the participant under the savings plan . mr . may has elected to receive the deferred account balance after he retires . the defined contribution restoration plan , until it was frozen in 2005 , credited eligible employees 2019 deferral accounts with employer contributions to the extent contributions under the qualified savings plan in which the employee participated were subject to limitations imposed by the code . defined contribution restoration plan executive contributions in registrant contributions in aggregate earnings in 2016 ( 1 ) aggregate withdrawals/ distributions aggregate balance at december 31 , ( a ) ( b ) ( c ) ( d ) ( e ) ( f ) .

Table:
name | executive contributions in 2016 ( b ) | registrant contributions in 2016 ( c ) | aggregate earnings in 2016 ( 1 ) ( d ) | aggregate withdrawals/distributions ( e ) | aggregate balance at december 31 2016 ( a ) ( f )
phillip r . may jr . | $ 2014 | $ 2014 | $ 177 | $ 2014 | $ 1751
( 1 ) amounts in this column are not included in the summary compensation table .
2016 potential payments upon termination or change in control entergy corporation has plans and other arrangements that provide compensation to a named executive officer if his or her employment terminates under specified conditions , including following a change in control of entergy corporation .
in addition , in 2006 entergy corporation entered into a retention agreement with mr .
denault that provides possibility of additional service credit under the system executive retirement plan upon certain terminations of employment .
there are no plans or agreements that would provide for payments to any of the named executive officers solely upon a change in control .
the tables below reflect the amount of compensation each of the named executive officers would have received if his or her employment with their entergy employer had been terminated under various scenarios as of december 31 , 2016 .
for purposes of these tables , a stock price of $ 73.47 was used , which was the closing market price on december 30 , 2016 , the last trading day of the year. .

Question: baaed on the table , how many shares does in the plan does mr . may have based of the closing stock price of $ 73.47 as of december 30 , 2016?
Answer: 23.8
Calculation: divide(1751, 73.47)
As stock-based compensation expense recognized in the consolidated statements of operations is based on awards ultimately expected to vest, expense for grants beginning upon adoption on October 1, 2005 has been reduced for estimated forfeitures. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The forfeiture rates for the years ended September 30, 2019 and 2018 were based on actual forfeitures.
No cash was used to settle equity instruments granted under share-base payment arrangements in any of the years in the two-year period ended September 30, 2019.
The following tables provide summary data of stock option award activity:
Table:
 | Number of shares | Weighted average exercise price | Weighted average remaining contractual term | Aggregate Intrinsic Value (in thousands)
Outstanding at September 30, 2017 | 9,376 | 4.49 | - | -
Granted | - | - | - | -
Expired | (1,250) | 6.82 | - | -
Forfeited | - | - | - | -
Exercised | (4,626) | 4.67 | - | -
Outstanding at September 30, 2018 | 3,500 | $3.42 | - | -
Granted | - | - | - | -
Expired | (500) | $2.99 | - | -
Forfeited | - | - | - | -
Exercised | (1,000) | 2.99 | - | -
Outstanding at September 30, 2019 | 2,000 | $3.75 | .98 years | $19
Exercisable at September 30, 2019 | 2,000 | $3.75 | .98 years | $19
Vested and expected to vest at September 30, 2019 | 2,000 | $3.75 | .98 years | $19


Question: What is the number of outstanding shares as at September 30, 2017?
Answer: 9,376
14 . accounting for certain long-lived assets eog reviews its proved oil and gas properties for impairment purposes by comparing the expected undiscounted future cash flows at a depreciation , depletion and amortization group level to the unamortized capitalized cost of the asset . the carrying rr values for assets determined to be impaired were adjusted to estimated fair value using the income approach described in the fair value measurement topic of the asc . in certain instances , eog utilizes accepted offers from third-party purchasers as the basis for determining fair value . during 2017 , proved oil and gas properties with a carrying amount of $ 370 million were written down to their fair value of $ 146 million , resulting in pretax impairment charges of $ 224 million . during 2016 , proved oil and gas properties with a carrying rr amount of $ 643 million were written down to their fair value of $ 527 million , resulting in pretax impairment charges of $ 116 million . impairments in 2017 , 2016 and 2015 included domestic legacy natural gas assets . amortization and impairments of unproved oil and gas property costs , including amortization of capitalized interest , were $ 211 million , $ 291 million and $ 288 million during 2017 , 2016 and 2015 , respectively . 15 . asset retirement obligations the following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property , plant and equipment for the years ended december 31 , 2017 and 2016 ( in thousands ) : .

Table:
 | 2017 | 2016
carrying amount at beginning of period | $ 912926 | $ 811554
liabilities incurred ( 1 ) | 54764 | 212739
liabilities settled ( 2 ) | -61871 ( 61871 ) | -94800 ( 94800 )
accretion | 34708 | 32306
revisions | -9818 ( 9818 ) | -38286 ( 38286 )
foreign currency translations | 16139 | -10587 ( 10587 )
carrying amount at end of period | $ 946848 | $ 912926
current portion | $ 19259 | $ 18516
noncurrent portion | $ 927589 | $ 894410
( 1 ) includes $ 164 million in 2016 related to yates transaction ( see note 17 ) .
( 2 ) includes settlements related to asset sales .
the current and noncurrent portions of eog's asset retirement obligations are included in current liabilities - other and other liabilities , respectively , on the consolidated balance sheets. .

Question: considering the years 2016 and 2017 , what is the increase observed in accretion?
Answer: 7.435%
Calculation: divide(34708, 32306), subtract(#0, const_1)