hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
the following is a schedule of future minimum rental payments required under long-term operating leases at october 30 , 2010 : fiscal years operating leases .

Table:
fiscal years | operating leases
2011 | $ 21871
2012 | 12322
2013 | 9078
2014 | 6381
2015 | 5422
later years | 30655
total | $ 85729
12 .
commitments and contingencies from time to time in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes .
as to such claims and litigation , the company can give no assurance that it will prevail .
the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .
13 .
retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .
the company maintains a defined contribution plan for the benefit of its eligible u.s .
employees .
this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .
in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .
the total expense related to the defined contribution plan for u.s .
employees was $ 20.5 million in fiscal 2010 , $ 21.5 million in fiscal 2009 and $ 22.6 million in fiscal 2008 .
the company also has various defined benefit pension and other retirement plans for certain non-u.s .
employees that are consistent with local statutory requirements and practices .
the total expense related to the various defined benefit pension and other retirement plans for certain non-u.s .
employees was $ 11.7 million in fiscal 2010 , $ 10.9 million in fiscal 2009 and $ 13.9 million in fiscal 2008 .
during fiscal 2009 , the measurement date of the plan 2019s funded status was changed from september 30 to the company 2019s fiscal year end .
non-u.s .
plan disclosures the company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country .
the plans 2019 assets consist primarily of u.s .
and non-u.s .
equity securities , bonds , property and cash .
the benefit obligations and related assets under these plans have been measured at october 30 , 2010 and october 31 , 2009 .
analog devices , inc .
notes to consolidated financial statements 2014 ( continued ) .

Question: what is the percentage change in the total expense related to the defined contribution plan for u.s employees in 2010?
Answer: -4.7%
Calculation: subtract(20.5, 21.5), divide(#0, 21.5)
10 Taxation (continued)
There are unrecognised deferred tax assets on the following temporary differences (presented below before the application of the relevant tax rate) due to uncertainty over the level of profits in the non-REIT elements of the Group in future periods:
The Company recognises no deferred tax asset or liability (2018: nil).
Table:
£m | 2019 | 2018
Revenue losses – UK | 398.4 | 300.8
Capital losses – UK | 34.5 | 34.2
Derivative financial instruments | 172.7 | 184.9
Other temporary differences | 20.1 | 9.7
Total unrecognised temporary differences | 625.7 | 529.6


Question: What is the change in capital losses from the UK between 2018 and 2019?
Answer: 0.3
Calculation: 34.5-34.2
entergy arkansas , inc . and subsidiaries management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities . results of operations net income 2011 compared to 2010 net income decreased $ 7.7 million primarily due to a higher effective income tax rate , lower other income , and higher other operation and maintenance expenses , substantially offset by higher net revenue , lower depreciation and amortization expenses , and lower interest expense . 2010 compared to 2009 net income increased $ 105.7 million primarily due to higher net revenue , a lower effective income tax rate , higher other income , and lower depreciation and amortization expenses , partially offset by higher other operation and maintenance expenses . net revenue 2011 compared to 2010 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .

Table:
 | amount ( in millions )
2010 net revenue | $ 1216.7
retail electric price | 31.0
ano decommissioning trust | 26.4
transmission revenue | 13.1
volume/weather | -15.9 ( 15.9 )
net wholesale revenue | -11.9 ( 11.9 )
capacity acquisition recovery | -10.3 ( 10.3 )
other | 3.2
2011 net revenue | $ 1252.3
the retail electric price variance is primarily due to a base rate increase effective july 2010 .
see note 2 to the financial statements for more discussion of the rate case settlement .
the ano decommissioning trust variance is primarily related to the deferral of investment gains from the ano 1 and 2 decommissioning trust in 2010 in accordance with regulatory treatment .
the gains resulted in an increase in 2010 in interest and investment income and a corresponding increase in regulatory charges with no effect on net income. .

Question: what was the percent of the change in the net revenue in 2011
Answer: 2.9%
Calculation: subtract(1252.3, 1216.7)
Defined Benefit Pension Plans
The Company maintains defined benefit pension plans for employees of certain of its foreign subsidiaries. Such plans conform to local practice in terms of providing minimum benefits mandated by law, collective agreements or customary practice. The Company recognizes the aggregate amount of all overfunded plans as assets and the aggregate amount of all underfunded plans as liabilities in its financial statements.
The Company's expected long-term rate of return on plan assets is updated at least annually, taking into consideration its asset allocation, historical returns on similar types of assets and the current economic environment. For estimation purposes, the Company assumes its long-term asset mix will generally be consistent with the current mix. The Company determines its discount rates using highly rated corporate bond yields and government bond yields.
Benefits under all of the Company's plans are valued utilizing the projected unit credit cost method. The Company's policy is to fund its defined benefit plans in accordance with local requirements and regulations. The funding is primarily driven by the Company's current assessment of the economic environment and projected benefit payments of its foreign subsidiaries. The Company's measurement date for determining its defined benefit obligations for all plans is December 31 of each year.
The Company recognizes actuarial gains and losses in the period the Company's annual pension plan actuarial valuations are prepared, which generally occurs during the fourth quarter of each year, or during any interim period where a revaluation is deemed necessary.
The following is a summary of the status of the Company's foreign defined benefit pension plans and the net periodic pension cost (dollars in millions):
The long term rate of return on plan assets was determined using the weighted-average method, which incorporates factors that include the historical inflation rates, interest rate yield curve and current market conditions.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Service cost | $9.4 | $9.6 | $10.0
Interest cost | 5.0 | 4.7 | 4.3
Expected return on plan assets | (6.0) | (6.1) | (5.5)
Curtailment gain | — | (0.3) | —
Actuarial and other loss | 15.6 | 6.1 | 1.9
Total net periodic pension cost | $24.0 | $14.0 | $10.7
Weighted average assumptions |  |  | 
Discount rate used for net periodic pension costs | 1.74 % | 1.66 % | 1.60 %
Discount rate used for pension benefit obligations | 1.43 % | 1.74 % | 1.66 %
Expected return on plan assets | 3.23 % | 3.18 % | 3.22 %
Rate of compensation increase | 3.07 % | 3.22 % | 3.22 %


Question: What is the service cost in 2018?
Answer: $9.6
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, 2019?
Answer: $4.8 million
Employee Share Purchase Plan (ESPP)
The Company estimates the fair value of its ESPP share options on the date of grant using the Black-Scholes option-pricing model, which requires the use of highly subjective estimates and assumptions. The Company estimates the expected term of ESPP share options based on the length of each offering period, which is six months.
The risk-free interest rate is based on a treasury instrument whose term is consistent with the expected life of the ESPP share option. Expected volatility is based on the Company’s historical volatility. The Company uses an expected dividend rate of zero as it currently has no history or expectation of paying dividends on its ordinary shares.
The grant date fair value per ordinary share is based on the closing market value of its ordinary shares on the first day of each ESPP offering period. The first authorized offering period under the ESPP commenced on July 1, 2017.
The fair value of each ESPP option grant was estimated using the Black-Scholes option-pricing model that used the following weighted-average assumptions:
The weighted-average per share fair value of ESPP share options granted to employees during the years ended March 31, 2019 and 2018, was $9.58 and $6.41, respectively.
Table:
 | Year ended March 31, | 
 | 2019 | 2018
Expected term (in years) | 0.5 | 0.5
Risk-free interest rate | 2.3% | 1.4%
Expected volatility | 39.1% | 29.9%
Expected dividend yield   | —% | —%
Grant date fair value per ordinary share | $36.69 | $27.15


Question: Which model is used to estimate fair value of its ESPP share options on the date of grant ?
Answer: Black-Scholes option-pricing model
17 Inventories
The write-down of inventories recognised as an expense during the year in respect of continuing operations was £0.7m (2018: £3.5m). This comprises a cost of £5.1m (2018: £4.8m) to write-down inventory to net realisable value reduced by £4.4m (2018: £1.3m) for reversal of previous write-down reassessed as a result of customer demand.
The value of inventories expected to be recovered after more than 12 months is £13.4m (2018: £11.2m).
There is no material difference between the Statement of Financial Position value of inventories and their replacement cost. None of the inventory has been pledged as security.
Table:
 | 2019 | 2018
 | £m | £m
Raw materials, consumables and components | 72.2 | 53.0
Work in progress | 25.5 | 25.7
Finished goods and goods for resale | 88.2 | 81.9
Total inventories | 185.9 | 160.6


Question: What was the percentage change in total inventories from 2018 to 2019?
Answer: 15.75
Calculation: (185.9-160.6)/160.6
NOTE 6- continued
¹⁾ For additional information regarding impairment considerations, please refer to note 8.
Included in the carrying amount for "Vessels and capitalized dry-docking" are capitalized drydocking costs in the amount of USD 60.7m (2018: USD 67.5m, 2017: USD 68.1m).
The sale and leaseback transactions in 2019 were all classified as financing arrangements and did not result in derecognition of the underlying assets as control was retained by the Group.
Table:
USDm | 2019 | 2018 | 2017
Vessels and capitalized dry-docking |  |  | 
Cost: |  |  | 
Balance as of 1 January | 1,886.3 | 1,726.6 | 1,697.4
Additions | 81.3 | 162.7 | 103.1
Disposals | -25.6 | -30.2 | -14.3
Transferred from prepayments | 252.3 | 81.8 | -
Transferred to assets held for sale | -130.1 | -54.6 | -59.6
Balance as of 31 December | 2,064.2 | 1,886.3 | 1,726.6
Depreciation: |  |  | 
Balance as of 1 January | 327.6 | 264.8 | 180.0
Disposals | -25.6 | -30.2 | -14.3
Depreciation for the year | 106.5 | 113.4 | 113.6
Transferred to assets held for sale | -47.9 | -20.4 | -14.5
Balance as of 31 December | 360.6 | 327.6 | 264.8
Impairment: |  |  | 
Balance as of 1 January | 162.1 | 167.3 | 173.6
Impairment losses on tangible fixed assets | 6.0 | 3.2 | 3.6
Reversal of impairment ¹⁾ | -120.0 | - | -
Transferred to assets held for sale | -19.3 | -8.4 | -9.9
Balance as of 31 December | 28.8 | 162.1 | 167.3
Carrying amount as of 31 December | 1,674.8 | 1,396.6 | 1,294.5


Question: What was the percentage change in Additions in 2019 from 2018?
Answer: -50.03
Calculation: (81.3-162.7)/162.7
6.3 Changes in group structure
Discontinued operations
On 21 December 2018, the Group executed a share sale agreement to sell Infochoice Pty Ltd, a wholly owned subsidiary.
At 30 June 2019, Infochoice Pty Ltd was classified as a discontinued operation. The business of Infochoice Pty Ltd represented the Group’s financial services and products comparison operating segment. With Infochoice Pty Ltd being classified as a discontinued operation, its operating results are no longer presented in the segment note. The sale of Infochoice Pty Ltd was completed on 18 February 2019. The results of Infochoice Pty Ltd for the period are presented below:
Table:
 | CONSOLIDATED | 
 | JUN 2019 $’000 | JUN 2018 $’000
Revenue | 426 | 1,208
Expenses | (1,035) | (989)
Operating income | (609) | 219
Interest revenue | 5 | 9
Impairment of other intangible assets | (603) | (16,902)
Profit/(loss) before tax from discontinued operations | (1,207) | (16,674)
Tax benefit/(expense) related to current pre-tax loss | (1,150) | (55)
Post-tax profit/(loss) of  discontinued operations | (2,357) | (16,729)


Question: What is the percentage change in the revenue from 2018 to 2019?
Answer: -64.74
Calculation: (426-1,208)/1,208
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Market risk is the risk of loss related to adverse changes in market prices, including interest rates and foreign exchange rates, of financial instruments. We are exposed to various types of market risks, including changes in interest rates and foreign currency exchange rates, in the normal course of business.
We use financial instruments, including variable rate debt and swaps and foreign exchange spot transactions, to manage risks associated with our interest rate and foreign currency exposures through a controlled program of risk management in accordance with established policies. These policies are reviewed and approved by our board of directors and stockholders’ meeting. Our treasury operations are subject to internal audit on a regular basis. We do not hold or issue derivative financial instruments for speculatively purposes.
Since export sales are primarily conducted in U.S. dollars, we had U.S. dollar-denominated accounts receivable of US$626 million as of December 31, 2019. As of the same date, we also had Japanese Yen-denominated accounts receivable of ¥14,266 million attributable to our Japanese operations and Renminbi-denominated accounts receivable of RMB¥710 million attributable to our China operations. We had U.S. dollar-, Japanese Yen- and Renminbi-denominated accounts payables of US$128 million, ¥7,193 million and RMB¥262 million, respectively, as of December 31, 2019.
Our primary market risk exposures relate to interest rate movements on borrowings and exchange rate movements on foreign currency denominated accounts receivable, capital expenditures relating to equipment used in manufacturing processes (including lithography, etching and chemical vapor deposition) and purchased primarily from Europe, Japan and the United States.
The following table provides information as of December 31, 2019 on our market risk sensitive financial instruments.
Table:
 | As of December 31, 2019 | 
 | Carrying Amount | Fair Amount
 | (in NT$ millions) | 
Time Deposits: Non-Trading Purpose | 62,320 | 62,320
Short-term Loans: Non-Trading Purpose | 12,015 | 12,015
Bonds: Non-Trading Purpose | 38,781 | 39,572
Long-term Loans: Non-Trading Purpose | 33,902 | 33,902


Question: What is the percentage increase / (decrease) of the Long-term Loans: Non-Trading Purpose Carrying Amount versus the Fair Amount?
Answer: 0
Calculation: 33,902 / 33,902 - 1
Revenue
We manage our business on a geographic basis, organized into three geographic segments. Our revenue, which includes product and service for each segment, is summarized in the following table (in millions, except percentages):
Amounts may not sum and percentages may not recalculate due to rounding.
Total revenue in fiscal 2019 increased by 5% compared with fiscal 2018. Product revenue increased by 6% and service revenue increased by 2%. Our total revenue reflected growth across each of our geographic segments. Product revenue for the BRICM countries, in the aggregate, experienced 1% product revenue decline, driven by a 16% decrease in product revenue in China and a decrease of 1% in Brazil. These decreases were partially offset by increased product revenue in Mexico, Russia and India of 26%, 6% and 5%, respectively.
In addition to the impact of macroeconomic factors, including a reduced IT spending environment and reductions in spending by government entities, revenue by segment in a particular period may be significantly impacted by several factors related to revenue recognition, including the complexity of transactions such as multiple performance obligations; the mix of financing arrangements provided to channel partners and customers; and final acceptance of the product, system, or solution, among other factors. In addition, certain customers tend to make large and sporadic purchases, and the revenue related to these transactions may also be affected by the timing of revenue recognition, which in turn would impact the revenue of the relevant segment.
Table:
 |  | Years Ended |  | 2019 vs. 2018 | 
 | July 27, 2019 | July 28, 2018 | July 29, 2017 | Variance in Dollars | Variance in Percent
Revenue: |  |  |  |  | 
Americas | $ 30,927 | $ 29,070 | $28,351 | $1,857 | 6%
Percentage of revenue | 59.6% | 58.9% | 59.1% |  | 
EMEA | 13,100 | 12,425 | 12,004 | 675 | 5%
Percentage of revenue | 25.2% | 25.2% | 25.0% |  | 
APJC | 7,877 | 7,834 | 7,650 | 43 | 1%
Percentage of revenue | 15.2% | 15.9% | 15.9% |  | 
Total | $51,904 | $49,330 | $48,005 | $2,574 | 5%


Question: What was the percentage change in the revenue from APJC between 2018 and 2019?
Answer: 0.55
Calculation: (7,877-7,834)/7,834
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 was the gain on extinguishment of debt recognized in December 2019?
Answer: $3.1 million
The GBS profit margin increased 0.9 points to 27.7 percent and pre-tax income of $1,666 million increased 2.2 percent year to year. The pre-tax margin of 9.9 percent increased slightly year to year. The year-to-year improvements in margins and pre-tax income were driven by the continued mix shift to higher-value offerings, the yield from delivery productivity improvements and a currency benefit from leveraging the global delivery resource model. We continued to invest in our services offerings and skills necessary to assist our clients on their cloud journey.
* Recast to reflect segment changes.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018* | Yr.-to-Yr. Percent/ Margin Change
Global Business Services |  |  | 
External gross profit | $4,606 | $4,448 | 3.5%
External gross profit margin | 27.7% | 26.8% | 0.9 pts.
Pre-tax income | $1,666 | $1,629 | 2.2%
Pre-tax margin | 9.9% | 9.6% | 0.2 pts.


Question: What caused the decrease in the pre-tax income in 2019?
Answer: The year-to-year improvements in margins and pre-tax income were driven by the continued mix shift to higher-value offerings, the yield from delivery productivity improvements and a currency benefit from leveraging the global delivery resource model.