hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
1 As defined by the International Monetary Fund.
Revenue related to external customers went up moderately yearover- year on growth in nearly all industrial businesses. SGRE and Siemens Healthineers posted the highest growth rates, while revenue at Gas and Power declined moderately in a difficult market environment. The revenue decline in emerging markets was due mainly to lower revenue in Egypt, where in fiscal 2018 Gas and Power recorded sharply higher revenue from large orders.
Revenue in Europe, C. I. S., Africa, Middle East increased moderately on growth in a majority of industrial businesses, driven by substantial growth at SGRE. Gas and Power posted a clear decline in a difficult market environment. In Germany, revenue was up moderately with significant growth in Mobility and Gas and Power, partly offset by a decline in SGRE.
In the Americas, revenue came in clearly higher year-over-year, benefiting from positive currency translation effects. Siemens Healthineers, Smart Infrastructure and Gas and Power recorded the largest increases, while SGRE posted clearly lower revenue in the region. In the U. S., all industrial businesses posted higher revenues year-over-year, with SGRE and Smart Infrastructure recording the strongest growth rates.
Revenue in Asia, Australia rose moderately year-over-year on growth in the majority of industrial businesses, led by Siemens Healthineers and Digital Industries. Gas and Power and SGRE posted lower revenue year-over-year. In China, revenue was also
up in the majority of industrial businesses, led by Siemens Healthineers. In contrast, SGRE posted substantially lower revenue year-over-year in that country.
Table:
 |  | Fiscal year |  | % Change
(in millions of €) | 2019 | 2018 | Actual | Comp.
Europe, C. I. S., Africa, Middle East | 44,360 | 42,782 | 4% | 4%
therein: Germany | 12,282 | 11,729 | 5% | 4 %
Americas | 23,796 | 22,115 | 8% | 3%
therein: U. S. | 17,993 | 16,012 | 12% | 6%
Asia, Australia | 18,693 | 18,147 | 3% | 2%
therein: China | 8,405 | 8,102 | 4% | 3%
Siemens | 86,849 | 83,044 | 5 % | 3 %
therein: emerging markets1 | 27,607 | 28,272 | (2) % | (2) %


Question: What caused the increase in the Revenue in Europe, C. I. S., Africa, Middle East?
Answer: Revenue in Europe, C. I. S., Africa, Middle East increased moderately on growth in a majority of industrial businesses, driven by substantial growth at SGRE
Assets Measured at Fair Value on a Recurring Basis
Assets measured at fair value on a recurring basis at March 31, 2018 are as follows (amounts in millions):
There were no transfers between Level 1 or Level 2 during fiscal 2019 or fiscal 2018. There were no assets measured on a recurring basis during fiscal 2019 or fiscal 2018 using significant unobservable inputs (Level 3).
Table:
 | Quoted Prices in Active Markets for Identical Instruments (Level 1) | Significant Other Observable Inputs (Level 2) | Total Balance
Assets |  |  | 
Cash and cash equivalents: |  |  | 
Money market mutual funds | $121.0 | $— | $121.0
Deposit accounts | — | 641.6 | 641.6
Commercial Paper | — | 118.7 | 118.7
Government agency bonds | — | 20.0 | 20.0
Short-term investments: |  |  | 
Marketable equity securities | 2.8 | — | 2.8
Corporate bonds and debt | — | 542.9 | 542.9
Time deposits | — | 11.5 | 11.5
Government agency bonds | — | 723.2 | 723.2
Municipal bonds - taxable | — | 14.9 | 14.9
Total assets measured at fair value | $123.8 | $2,072.8 | $2,196.6


Question: What was the total balance amount of deposit accounts?
Answer: 641.6
Fair values of financial assets and financial liabilities
Fair values of financial assets and liabilities at 31st December 2019 are not materially different from book values due to their size or the fact that they were at short-term rates of interest. Fair values have been assessed as follows:
• Derivatives Forward exchange contracts are marked to market by discounting the future contracted cash flows using readily available market data
• Interest-bearing loans and borrowings Fair value is calculated based on discounted expected future principal and interest cash flows.
• Lease liabilities The fair value is estimated as the present value of future cash flows, discounted at the incremental borrowing rate for the related geographical location unless the rate implicit in the lease is readily determinable.
• Trade and other receivables/payables For receivables/payables with a remaining life of less than one year, the notional amount is deemed to reflect the fair value.
The following table compares amounts and fair values of the Group’s financial assets and liabilities:
There are no other assets or liabilities measured at fair value on a recurring or non-recurring basis for which fair value is disclosed.
Derivative financial instruments are measured at fair value. Fair value of derivative financial instruments are calculated based on discounted cash flow analysis using appropriate market information for the duration of the instruments.
Table:
 | 2019 Fair value | 2019 Carrying value | 2018 Carrying value | 2018 Fair value
 | £m | £m | £m | £m
Financial assets: |  |  |  | 
Cash and cash equivalents | 168.5 | 168.5 | 187.1 | 187.1
Trade, other receivables and contract assets | 263.4 | 263.4 | 264.9 | 264.9
Total financial assets | 431.9 | 431.9 | 452.0 | 452.0


Question: Why are the fair values of financial assets and liabilities at 2019 not materially different from book values?
Answer: due to their size or the fact that they were at short-term rates of interest
Other Expense, Net
Other expense, net decreased by $4.3 million in 2018 compared to 2017 as a result of an increase in interest expense of $5.7 million related to interest expense due under our convertible senior notes. This increase was offset by an increase of $1.4 million of interest income earned on our short-term investments.
Table:
 | Year Ended December 31, |  | Change | 
 | 2018 | 2017 | $ | %
 |  | (dollars in thousands) |  | 
Other expense, net | $ 4,628 | $ 302 | $ 4,326 | 1432.5%
% of revenue | 3% | 0% |  | 


Question: What is the % change for other expense, net between 2017 and 2018?
Answer: 1432.5
sacramento container acquisition in october 2017 , pca acquired substantially all of the assets of sacramento container corporation , and 100% ( 100 % ) of the membership interests of northern sheets , llc and central california sheets , llc ( collectively referred to as 201csacramento container 201d ) for a purchase price of $ 274 million , including working capital adjustments . funding for the acquisition came from available cash on hand . assets acquired include full-line corrugated products and sheet feeder operations in both mcclellan , california and kingsburg , california . sacramento container provides packaging solutions to customers serving portions of california 2019s strong agricultural market . sacramento container 2019s financial results are included in the packaging segment from the date of acquisition . the company accounted for the sacramento container acquisition using the acquisition method of accounting in accordance with asc 805 , business combinations . the total purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed based on respective fair values , as follows ( dollars in millions ) : .

Table:
 | 12/31/17 allocation | adjustments | revised allocation
goodwill | $ 151.1 | $ 5.5 | $ 156.6
other intangible assets | 72.6 | -5.5 ( 5.5 ) | 67.1
property plant and equipment | 26.7 | 2014 | 26.7
other net assets | 23.4 | 2014 | 23.4
net assets acquired | $ 273.8 | $ 2014 | $ 273.8
during the second quarter ended june 30 , 2018 , we made a $ 5.5 million net adjustment based on the final valuation of the intangible assets .
we recorded the adjustment as a decrease to other intangible assets with an offset to goodwill .
goodwill is calculated as the excess of the purchase price over the fair value of the net assets acquired .
among the factors that contributed to the recognition of goodwill were sacramento container 2019s commitment to continuous improvement and regional synergies , as well as the expected increases in pca 2019s containerboard integration levels .
goodwill is deductible for tax purposes .
other intangible assets , primarily customer relationships , were assigned an estimated weighted average useful life of 9.6 years .
property , plant and equipment were assigned estimated useful lives ranging from one to 13 years. .

Question: for the revised total purchase price allocation , goodwill was what percentage of net assets acquired?
Answer: 57.2%
Calculation: divide(156.6, 273.8)
28. FINANCIAL INSTRUMENTS (cont.)
(1) Other current and long-term financial assets classified as fair value through profit or loss were calculated using level 2 of the fair value hierarchy. All other balances were calculated using level 1 of the fair value hierarchy. (1) Other current and long-term financial assets classified as fair value through profit or loss were calculated using level 2 of the fair value hierarchy. All other balances were calculated using level 1 of the fair value hierarchy.
(2) Indebtedness excludes deferred financing costs and prepayment options (December 31, 2018 – deferred financing costs, interest rate floor, prepayment option and net gain on repricing/repayment). (2) Indebtedness excludes deferred financing costs and prepayment options (December 31, 2018 – deferred financing costs, interest rate floor, prepayment option and net gain on repricing/repayment).
(3) Trade and other receivables and trade and other payables approximate fair value due to the short-term maturity of these instruments.
Table:
As at December 31, 2018 | FVTPL | Amortised cost | Total | Fair Value | Fair Value hierarchy
Cash and cash equivalents | $ - | $768,433 | $768,433 | $768,433 | Level 1
Trade and other receivables | - | 45,631 | 45,631 | 45,631 | (3)
Other current financial assets (1) | 18,632 | 147 | 18,779 | 18,779 | Level 1, Level 2
Other long-term financial assets (1) | 33,796 | 21,959 | 55,755 | 55,755 | Level 1, Level 2
Trade and other payables | - | (30,659) | (30,659) | (30,659) | (3)
Other current financial liabilities | (6) | (26,380) | (26,386) | (29,131) | Level 2
Other long-term financial liabilities | (5,627) | (48,894) | (54,521) | (54,733) | Level 2
Indebtedness (2) | - | (3,853,883) | (3,853,883) | (3,709,695) | Level 2
 | $46,795 | $(3,123,646) | $(3,076,851) | $(2,935,620) | 


Question: What are the financial instruments classified under Level 1 under the fair value hierarchy?
Answer: Cash and cash equivalents, Other current financial assets, Other long-term financial assets
Deferred Tax Assets and Valuation Allowance
Deferred tax assets reflect the tax effects of net operating losses (“NOLs”), tax credit carryovers, and temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The most significant item of our deferred tax assets is derived from our Federal NOLs. We have approximately $167.8 million gross Federal NOLs at December 31, 2019 (of which approximately $160.2 million was generated prior to January 1, 2018). Because we believe the ability for us to use these NOLs generated prior to January 1, 2018 to offset any future taxable income is severely limited as prescribed under Internal Revenue Code (“IRC”) Section 382, we had estimated and recorded an amount for the likely limitation to our deferred tax asset in the fourth quarter of 2017, thereby reducing the aggregate estimated benefit of the Federal NOLs available to us of approximately $1.0 million at December 31, 2017. We believe the gross Federal NOL benefit we generated prior to January 1, 2018 to offset taxable income is less than $150 thousand annually. As prescribed under Internal Revenue Code, any unused Federal NOL benefit from the annual limitation can be accumulated and carried forward to the subsequent year and will expire if not used in accordance with the NOL carried forward term of 20 years or 2037, if generated before 2018 and Federal NOLs generated after 2017 can be carried forward indefinitely. Future common stock transactions, such as the exercise of common stock purchase warrants or the conversion of debt into common stock, may cause another qualifying event under IRC 382 which may further limit our utilization of our NOLs.
The components of our deferred tax assets are as follows (in thousands):
The realization of deferred income tax assets is dependent upon future earnings, if any, and the timing and amount of which may be uncertain. A valuation allowance is required against deferred income tax assets if, based on the weight of available evidence, it is more likely than not that some or all of the deferred income tax assets may not be realized. At both December 31, 2019 and 2018, all our remaining net deferred income tax assets were offset by a valuation allowance due to uncertainties with respect to future utilization of NOL carryforwards. If in the future it is determined that additional amounts of our deferred income tax assets would likely be realized, the valuation allowance would be reduced in the period in which such determination is made and an additional benefit from income taxes in such period would be recognized.
Table:
 |  | December 31,
 | 2019 | 2018
Deferred tax assets: |  | 
Estimated future value of NOLs |  | 
- Federal | $2,622 | $2,174
- State | 869 | 862
Research and development tax credits |  | 
- Federal | 1,207 | 1,184
- State | 8 | -
Share-based compensation | 72 | 71
Other, net | 177 | 151
Total deferred taxes | 4,955 | 4,442
Valuation allowance | (4,955) | (4,442)
Net deferred tax assets | $- | $-


Question: What is the increase in Net deferred tax assets from 2018 to 2019?
Answer: 0
Calculation: 0 - 0
Net Sales
The following table presents our net sales and the percentage of total net sales by segment:
Table:
 |  | Fiscal |  | 
 | 2019 |  | 2018 | 
 |  | ($ in millions) |  | 
Transportation Solutions | $  7,821 | 58 % | $ 8,290 | 59 %
Industrial Solutions | 3,954 | 30 | 3,856 | 28
Communications Solutions | 1,673 | 12 | 1,842 | 13
Total | $ 13,448 | 100 % | $ 13,988 | 100 %


Question: What was the total Transportation Solutions sales in 2018?
Answer: $ 8,290
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)  10. EARNINGS PER SHARE
Basic earnings per share is calculated on the basis of weighted average outstanding shares of common stock. Diluted earnings per share is computed on the basis of basic weighted average outstanding shares of common stock adjusted for the dilutive effect of stock options, restricted stock unit awards, and other dilutive securities. During the second quarter of fiscal 2019, we issued 77.5 million shares of our common stock out of treasury to the former shareholders of Pinnacle pursuant to the terms of the Merger Agreement. In addition, we issued 16.3 million shares of our common stock, par value $5.00 per share, in an underwritten public offering in connection with the financing of the Pinnacle acquisition, with net proceeds of $555.7 million (see Note 2).
The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:
For fiscal 2019, 2018, and 2017, there were 2.0 million, 1.3 million, and 0.8 million stock options outstanding, respectively, that were excluded from the computation of diluted weighted average shares because the effect was antidilutive.
Table:
 | 2019 | 2018 | 2017
Net income available to Conagra Brands, Inc. common stockholders: |  |  | 
Income from continuing operations attributable to Conagra Brands, Inc. common stockholders | $680.2 | $794.1 | $544.1
Income (loss) from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders | (1.9) | 14.3 | 95.2
Net income attributable to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $639.3
Less: Increase in redemption value of noncontrolling interests in excess of earnings allocated | — | — | 0.8
Net income available to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $638.5
Weighted average shares outstanding: |  |  | 
Basic weighted average shares outstanding | 444.0 | 403.9 | 431.9
Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities | 1.6 | 3.5 | 4.1
Diluted weighted average shares outstanding | 445.6 | 407.4 | 436.0


Question: How much was the basic weighted average shares (in million) outstanding in 2018?
Answer: 403.9
Performance Share Units
The following table illustrates the number and WASP on date of award, and movements in, performance share units (“PSUs”) granted under the 2015 LTIP:
PSUs vest on one vesting date following a three year vesting period which will comprise three financial years. The awards are divided into three equal parts which will each be subject to a separate annual performance condition linked to the financial performance of the Group.
Table:
 | Year-ended 31 March 2019 |  | Year-ended 31 March 2018 | 
 | Number | WASP | Number | WASP
Performance share units | 000’s | £ pence | 000’s | £ pence
Outstanding at the start of the year | 7,546 | 269.65 | 6,024 | 219.41
Awarded | 1,721 | 506.74 | 1,719 | 440.50
Forfeited | (2,234) | 414.51 | (197) | 223.96
Released | (2,949) | 262.64 | – | –
Outstanding at the end of the year | 4,084 | 295.41 | 7,546 | 269.65


Question: What was the change in the number of PSUs outstanding at the end of the year in 2019 from 2018?
Answer: -3462
Calculation: 4,084-7,546
management 2019s discussion and analysis net interest income 2012 versus 2011 . net interest income on the consolidated statements of earnings was $ 3.88 billion for 2012 , 25% ( 25 % ) lower than 2011 . the decrease compared with 2011 was primarily due to lower average yields on financial instruments owned , at fair value , and collateralized agreements . 2011 versus 2010 . net interest income on the consolidated statements of earnings was $ 5.19 billion for 2011 , 6% ( 6 % ) lower than 2010 . the decrease compared with 2010 was primarily due to higher interest expense related to our long-term borrowings and higher dividend expense related to financial instruments sold , but not yet purchased , partially offset by an increase in interest income from higher yielding collateralized agreements . operating expenses our operating expenses are primarily influenced by compensation , headcount and levels of business activity . compensation and benefits includes salaries , discretionary compensation , amortization of equity awards and other items such as benefits . discretionary compensation is significantly impacted by , among other factors , the level of net revenues , overall financial performance , prevailing labor markets , business mix , the structure of our share-based compensation programs and the external environment . in the context of more difficult economic and financial conditions , the firm launched an initiative during the second quarter of 2011 to identify areas where we can operate more efficiently and reduce our operating expenses . during 2012 and 2011 , we announced targeted annual run rate compensation and non-compensation reductions of approximately $ 1.9 billion in aggregate . the table below presents our operating expenses and total staff. .

Table:
$ in millions | year ended december 2012 | year ended december 2011 | year ended december 2010
compensation and benefits | $ 12944 | $ 12223 | $ 15376
u.k . bank payrolltax | 2014 | 2014 | 465
brokerage clearing exchange anddistribution fees | 2208 | 2463 | 2281
market development | 509 | 640 | 530
communications and technology | 782 | 828 | 758
depreciation and amortization | 1738 | 1865 | 1889
occupancy | 875 | 1030 | 1086
professional fees | 867 | 992 | 927
insurance reserves1 | 598 | 529 | 398
other expenses | 2435 | 2072 | 2559
total non-compensation expenses | 10012 | 10419 | 10428
total operating expenses | $ 22956 | $ 22642 | $ 26269
total staff atperiod-end2 | 32400 | 33300 | 35700
total staff at period-end 2 32400 33300 35700 1 .
related revenues are included in 201cmarket making 201d on the consolidated statements of earnings .
2 .
includes employees , consultants and temporary staff .
48 goldman sachs 2012 annual report .

Question: what is the percentage change in the number of staff in 2012?
Answer: -2.7%
Calculation: subtract(32400, 33300), divide(#0, 33300)
Stock Ownership Requirements
We believe that in order to align the interests of our executive officers with those of our stockholders, our executive officers should have a financial stake in our Company. We have maintained stock ownership requirements for our executive officers since October 2005. For FY19, our executive officers were required to hold the following minimum number of shares:
• CEO: 6x base salary; • CFO, COO and President: 3x base salary; and • Executive Vice Presidents: 2x base salary.
Stock options and unvested RSUs and PRUs do not count toward stock ownership requirements.
The executive officer is required to acquire and thereafter maintain the stock ownership required within four years of becoming an executive officer of NortonLifeLock (or four years following the adoption date of these revised guidelines). During the four-year transitional period, each executive officer must retain at least 50% of all net (after-tax) equity grants until the required stock ownership level has been met.
As of October 25, 2019, Messrs. Kapuria, Pilette and Taylor reached the stated ownership requirements for FY19. Transitioning or former executive officers and non-executive officers are not included in the table below. See the table below for individual ownership levels relative to the executive’s ownership requirement.
(1) Based on the closing price for a share of our common stock of $22.69 on October 25, 2019.
Table:
Executive Officer | Ownership Requirement (1) (# of shares) | Holdings as of October 25, 2019(# of shares)
Samir Kapuria | 39,665 | 186,735
Vincent Pilette | 85,941 | 785,906
Scott C. Taylor | 52,887 | 408,724


Question: What is the ownership requirement based on?
Answer: the closing price for a share of our common stock of $22.69 on October 25, 2019