hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
28. Contingent liabilities and legal proceedings
Contingent liabilities are potential future cash outflows, where the likelihood of payment is considered more than remote, but is not considered probable or cannot be measured reliably.
Notes: 1 Performance bonds require the Group to make payments to third parties in the event that the Group does not perform what is expected of it under the terms of any related contracts or commercial arrangements
2 Other guarantees principally comprise Vodafone Group Plc’s guarantee of the Group’s 50% share of an AUD1.7 billion loan facility and a US$3.5 billion loan facility of its joint venture, Vodafone Hutchison Australia Pty Limited. The Group’s share of these loan balances is included in the net investment in joint venture (see note 12 “Investments in associates and joint arrangements”).
Table:
 | 2019 | 2018
 | €m | €m
Performance bonds1 | 337 | 993
Other guarantees and contingent liabilities2 | 2,943 | 4,036


Question: What is the 2019 average other guarantees and contingent liabilities?
Answer: 3489.5
Calculation: (2,943+4,036)/2
ITEM 6. SELECTED FINANCIAL DATA
The selected financial data should be read in conjunction with our “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our audited consolidated financial statements and the related notes to those consolidated financial statements included in this Annual Report.
Year-over-year comparisons are significantly affected by our acquisitions, dispositions and construction of towers. Our transaction with Verizon Communications Inc. (“Verizon” and the transaction, the “Verizon Transaction”) and the acquisition of a controlling ownership interest in Viom Networks Limited (“Viom” and the acquisition, the “Viom Acquisition”), which closed in March 2015 and April 2016, respectively, significantly impact the comparability of reported results between periods. Our principal 2019 acquisitions are described in note 7 to our consolidated financial statements included in this Annual Report.
(2) As of December 31, 2019, 2018, 2017, 2016 and 2015, amounts include $76.8 million, $96.2 million, $152.8 million, $149.3 million, and $142.2 million, respectively, of restricted funds pledged as collateral to secure obligations and cash, the use of which is otherwise limited by contractual provisions.
(3) Total assets as of December 31, 2019 includes the Right-of-use asset recognized in connection with our adoption of the new lease accounting standard described in note 1 to our consolidated financial statements included in this Annual Report
Table:
 |  |  | As of December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
(In millions) |  |  |  |  | 
Balance Sheet Data: |  |  |  |  | 
Cash and cash equivalents (including restricted cash) (2) | $1,578.0 | $1,304.9 | $954.9 | $936.5 | $462.9
Property and equipment, net | 12,084.4 | 11,247.1 | 11,101.0 | 10,517.3 | 9,866.4
Total assets (3) | 42,801.6 | 33,010.4 | 33,214.3 | 30,879.2 | 26,904.3
Long-term obligations, including current portion | 24,055.4 | 21,159.9 | 20,205.1 | 18,533.5 | 17,119.0
Redeemable noncontrolling interests | 1,096.5 | 1,004.8 | 1,126.2 | 1,091.3 | —
Total American Tower Corporation equity | 5,055.4 | 5,336.1 | 6,241.5 | 6,763.9 | 6,651.7


Question: What was the change in Long-term obligations, including current portion between 2018 and 2019?
Answer: 2895.5
Calculation: 24,055.4-21,159.9
16. Earnings Per Share
The weighted-average number of shares outstanding used in the computations of basic and diluted earnings per share were as follows:
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
 |  | (in millions) | 
Basic | 338 | 350 | 355
Dilutive impact of share-based compensation arrangements | 2 | 3 | 3
Diluted | 340 | 353 | 358


Question: Which year was the basic earnings per share the largest?
Answer: 2017
Calculation: 355>350>338
(11) STOCK-BASED COMPENSATION
The following tables summarize the Company’s stock-based compensation expense for liability and equity classified awards included in the consolidated statements of operations:
CII Common and Preferred Units
Prior to the Company’s IPO, the Company was given authorization by Communications Infrastructure Investments, LLC (“CII”) to award 625,000,000 of CII’s common units as profits interests to employees, directors, and affiliates of the Company. The common units were historically considered to be stock-based compensation with terms that required the awards to be classified as liabilities due to cash settlement features. The vested portion of the awards was reported as a liability and the fair value was re-measured at each reporting date until the date of settlement, with a corresponding charge (or credit) to stock-based compensation expense. On December 31, 2016, the CII common units became fully vested and as such there is no remaining unrecognized compensation cost associated with CII common units for any period subsequent to December 31, 2016.
The value of the CII common units was derived from the value of CII’s investments in the Company and Onvoy, LLC and its subsidiaries (“OVS”), a company that provided voice and managed services which the Company spun off during the year ended June 30, 2014. As the value derived from each of these investments was separately determinable and there was a plan in place to distribute the value associated with the investment in Company shares separate from the value derived from OVS, the two components were accounted for separately. The OVS component of the CII awards was adjusted to fair value each reporting period. On December 31, 2015, CII entered into an agreement to sell OVS to a third party. The sale was completed in May 2016. Based on the sale price, the estimated fair value of OVS awards was increased, resulting in an increase to stock based compensation expense and corresponding increase to additional paid-in capital of $12.9 million for the year ended June 30, 2016. Proceeds from the sale to be distributed to the Company’s employees was paid by CII.
Table:
 | Year Ended June 30, |  | 
 | 2019 | 2018 | 2017
 | (in millions) |  | 
Included in: |  |  | 
Operating costs | $11.3 | $9.9 | $11.3
Selling, general and administrative expenses | 98.0 | 86.8 | 102.8
Total stock-based compensation expense | $109.3 | $96.7 | $114.1
CII common and preferred units $ — $ — $10.1 | $ — | $ — | $10.1
Part A restricted stock units | 93.8 | 82.3 | 76.5
Part B restricted stock units | 13.0 | 12.4 | 26.0
Part C restricted stock units | 2.5 | 2.0 | 1.5
Total stock-based compensation expense | $109.3 | $96.7 | $114.1


Question: When did the CII common units become fully vested?
Answer: December 31, 2016
ADVANCED ENERGY INDUSTRIES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued)
(in thousands, except per share amounts)
In 2019, Advanced Energy finalized the assessment of fair value for the assets acquired and liabilities assumed related to the LumaSense acquisition. The following table summarizes the fair values of the assets acquired and liabilities assumed from the LumaSense acquisition, including measurement period adjustments.
During 2019, we adjusted the estimated values of the assets acquired and liabilities assumed based upon the final valuation report. These adjustments included additional liabilities, changes to deferred taxes and changes in the allocation of excess purchase price between goodwill and intangibles.
Table:
 | Preliminary: December 31, 2018 | Measurement Period Adjustments | Adjusted: December 31, 2019
Accounts and other receivable, net | $  7,167 | $ - | $  7,167
Inventories | 9,372 | - | 9,372
Property and equipment | 1,353 | - | 1,353
Goodwill | 48,032 | (11,774) | 36,258
Intangible assets | 26,000 | 17,240 | 43,240
Deferred income tax assets | 8,116 | (1,785) | 6,331
Other assets | 5,126 | 878 | 6,004
Total assets acquired | 105,166 | 4,559 | 109,725
Accounts payable | 5,734 | - | 5,734
Deferred income tax liabilities | 7,984 | 3,715 | 11,699
Other liabilities | 6,764 | 844 | 7,608
Total liabilities assumed | 20,482 | 4,559 | 25,041
Total fair value of net assets acquired | $  84,684 | $  - | $  84,684


Question: What was the Adjusted fair value of Goodwill in 2019?
Answer: 36,258
14. DEFINED BENEFIT PLANS (Continued)
The information for plans with an accumulated benefit obligation in excess of plan assets is as follows (in thousands):
Table:
 | Fiscal year-end | 
 | 2019 | 2018
Projected benefit obligation | $60,437 | $51,499
Accumulated benefit obligation | 55,941 | 47,713
Fair value of plan assets | 12,997 | 12,486


Question: In which years was information on defined benefit plans provided?
Answer: 2019, 2018
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
3. PROPERTY AND EQUIPMENT
Property and equipment (including assets held under finance leases) consisted of the following:
(1) Assets on leased land are depreciated over the shorter of the estimated useful life of the asset or the term of the corresponding ground lease taking into consideration lease renewal options and residual value.
(2) Includes fiber and DAS assets.
(3) Estimated useful lives apply to improvements only.
Table:
 | Estimated Useful Lives (years) (1) | December 31, 2019 | December 31, 2018
Towers | Up to 20 | $13,930.7 | $12,777.9
Equipment (2) | 2 - 20 | 1,897.3 | 1,667.3
Buildings and improvements | 3 - 32 | 638.9 | 628.5
Land and improvements (3) | Up to 20 | 2,486.1 | 2,285.4
Construction-in-progress |  | 372.6 | 358.1
Total |  | 19,325.6 | 17,717.2
Less accumulated depreciation |  | (7,241.2) | (6,470.1)
Property and equipment, net |  | $12,084.4 | $11,247.1


Question: What was the percentage change in Property and equipment, net between 2018 and 2019?
Answer: 7.44
Calculation: ($12,084.4-$11,247.1)/$11,247.1
Note 2: Net Income Per Share
Basic net income per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method.
The following table sets forth the calculation of basic and diluted net income per share (in thousands, except per share amounts):
For the years ended December 31, 2019 and 2018, options to purchase 200,000 and 200,000 shares of common stock, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Net income | $4,155 | $4,661
Weighted average common shares—basic | 11,809 | 12,323
Effect of dilutive securities: stock options | 226 | 187
Weighted average common shares—diluted | 12,035 | 12,510
Net income per share—basic | $0.35 | $0.38
Net income per share—diluted | $0.35 | $0.37


Question: Which year has a higher amount of net income?
Answer: 2018
Calculation: Look at COL3 and COL4 , and compare the values of net income to determine the answer
NOTE 14. PROVISION FOR WARRANTY
The changes in the amount of provision for warranty are as follows:
Costs of warranty include the cost of labor and materials to repair a product during the warranty period. The main term of the warranty period is one year. The Company accrues for the estimated cost of the warranty on its products shipped in the provision for warranty, upon recognition of the sale of the product. The costs are estimated based on actual historical expenses incurred and on estimated future expenses related to current sales, and are updated periodically. Actual warranty costs are charged against the provision for warranty.
Table:
 | December 31, | 
 | 2018 | 2019
Balance January 1 | 6,562 | 7,955
Charged to cost of sales | 18,408 | 26,301
Deductions | (8,985) | (12,232)
Releases of expired warranty | (8,214) | (5,684)
Foreign currency translation effect | 184 | 84
Balance December 31 | 7,955 | 16,424


Question: Which year had a larger difference in the balance between the start and the end of the year?
Answer: 2019
Calculation: 2018:(7,955-6,562=1,393); 2019:(16,424-7,955=8,469)
The following is a reconciliation of the beginning and ending amounts of unrecognized income tax benefits (in thousands):
The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate is $ 1.5 million and $4.6 million for the fiscal years ended September 28, 2019 and September 29, 2018, respectively.
The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense. The total accrued penalties and net accrued interest with respect to income taxes was approximately $0.2 million for each of the fiscal years ended September 28, 2019, September 29, 2018 and September 30, 2017. The Company recognized less than $0.1 million of expense for accrued penalties and net accrued interest in the Consolidated Statements of Comprehensive Income for each of the fiscal years ended September 28, 2019, September 29, 2018 and September 30, 2017.
Table:
 | 2019 | 2018 | 2017
Balance at beginning of fiscal year  | $5,841 | $3,115 | $2,799
Gross increases for tax positions of prior years | 62 | 21 | 184
Gross increases for tax positions of the current year | 39 | 2,893 | 163
Gross decreases for tax positions of prior years  | (3,672) | (188) | (31)
Balance at end of fiscal year | 2,270 | 5,841 | 3,115


Question: How many years did Gross increases for tax positions of the current year exceed $1,000 thousand?
Answer: 1
Calculation: 2018
The following table shows for the fiscal year ended March 29, 2019, certain information regarding option exercises and stock vested during the last fiscal year with respect to our named executive officers:
Option Exercises and Stock Vested in Fiscal 2019
(1) The value realized upon option exercises is based on the difference between the closing price of our common stock at exercise and the option exercise price.
(2) The number of shares and value realized for stock awards set forth above reflect (i) RSUs that vested and settled in FY19, (ii) RSUs granted under the FY19 EAIP on 5/20/2019, which vested and settled on 6/1/2019, and (iii) PRUs that vested in FY19 and were settled in FY20.
(3) The value realized upon vesting is based on the closing price of our common stock upon vesting in the case of RSUs and the closing price of our common stock on March 29, 2019 in the case of PRUs.
Table:
Option Awards |  |  | Stock Awards | 
Name | Number of Shares Acquired on Exercise (#) | Value Realized on Exercise (1)($)$) | Number of Shares Acquired on Vesting(2) (#) | Value Realized on Vesting (3)($)$)
Gregory S. Clark | — | — | 342,338 | 7,467,791
Nicholas R. Noviello | 332,155 | 4,699,993 | 111,855 | 2,419,818
Amy L. Cappellanti-Wolf | — | — | 92,644 | 1,997,239
Samir Kapuria | — | — | 112,125 | 2,497,640
Scott C. Taylor | — | — | 103,798 | 2,216,595


Question: How much more shares acquired on vesting did Gregory S. Clark have over  Nicholas R. Noviello?
Answer: 230483
Calculation: 342,338-111,855
16. Segment, Geographic, and Significant Customer Information
With the exception of property and equipment, we do not identify or allocate our long-lived assets by geographic area. The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):
Table:
 | April 26, 2019 | April 27, 2018
U.S. | $ 572 | $ 566
International | 187 | 190
Total | $ 759 | $ 756


Question: What was the amount of property and equipment in U.S. in 2019?
Answer: 572
20. Net Loss Per Share
The Company intends to settle the principal of the Convertible Notes in cash on conversion and calculates diluted earnings per share using the treasury-stock method. Stock-based awards and the conversion feature on the Convertible Notes that have an anti-dilutive effect on the calculation of diluted loss per common share, are excluded from this calculation.
For the years ended December 31, 2019, 2018 and 2017, the number of Common Stock from stock-based awards and the conversion feature on the Convertible Notes that had an anti-dilutive effect on the calculation of diluted earnings per common share were 3.5 million, 4.0 million and 3.6 million respectively.
In periods where a loss attributable to shareholders has been incurred all stock-based awards and the conversion feature on the Convertible Notes are anti-dilutive.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 | $ | $ | $
Net loss attributable to shareholders of Teekay Corporation for basic loss per share | (310,577) | (79,237) | (163,276)
Reduction in net earnings due to dilutive impact of stock-based compensation in Teekay LNG, Altera and Teekay Tankers and stock purchase warrants in Altera | — | — | (90)
Net loss attributable to shareholders of Teekay Corporation for diluted loss per share | (310,577) | (79,237) | (163,366)
Weighted average number of common shares | 100,719,224 | 99,670,176 | 86,335,473
Dilutive effect of stock-based compensation | — | — | —
Common stock and common stock equivalents | 100,719,224 | 99,670,176 | 86,335,473
Loss per common share - basic and diluted | (3.08) | (0.79) | (1.89)


Question: What is the increase/ (decrease) in Loss per common share - basic and diluted from 2018 to 2019?
Answer: 2.29
Calculation: 3.08-0.79
12. Commitments and Contingencies
The Company leases its facilities under non-cancelable operating leases and build-to-suit leases with various expiration dates through March 2029. Rent expense related to the Company’s office facilities was $5.3 million, $4.8 million and $3.2 million for the years ended March 31, 2019, 2018 and 2017, respectively. The Company has also entered into various capital lease agreements for computer equipment with non-cancelable terms through January 2022 and has non-cancelable commitments related to its data centers.
Future minimum payments for our capital leases, facility operating leases (including Lexington MA – U.S. build-to-suit lease) and data center operating leases as of March 31, 2019 are as follows:
Certain amounts included in the table above relating to data center operating leases for the Company’s servers include usage-based charges in addition to base rent.
Future lease payments in the table above do not include amounts due to the Company for future minimum sublease rental income of $0.6 million under non-cancelable subleases through 2020.
The Company has outstanding letters of credit of $3.9 million and $3.8 million related to certain operating leases as of March 31, 2019 and 2018, respectively.
Table:
Year Ending March 31, | Capital Leases | Facility Leases | Data Centers
2020 | $ 918 | $ 10,649 | $ 21,216
2021 | 1,102 | 15,186 | 17,427
2022 | 326 | 14,111 | 13,010
2023 | — | 13,825 | 2,774
2024 | — | 13,686 | 356
Thereafter   | — | 59,502 | —
Total minimum lease payments  | $ 2,346 | $ 126,959 | $ 54,783
Less: Amount representing interest   | (121) |  | 
Present value of capital lease obligations   | 2,225 |  | 
Less: Current portion   | (844) |  | 
Long-term portion of capital lease obligations  | $1,381 |  | 


Question: How much was the outstanding letters of credit related to certain operating leases as of March 31, 2019?
Answer: $3.9 million
6. Supplemental Financial Information
Inventories (in millions):
Table:
 | April 26, 2019 | April 26,2018
Purchased components | $ 8 | $ 12
Finished goods | 123 | 110
Inventories | $ 131 | $ 122


Question: What was the change in purchased components between 2018 and 2019?
Answer: -4
Calculation: 8-12
Note 22. Supplemental Financial Information
Cash paid for income taxes amounted to $77.6 million, $25.9 million and $48.4 million during fiscal 2019, 2018 and 2017, respectively. Cash paid for interest on borrowings amounted to $347.9 million, $85.3 million and $82.5 million during fiscal 2019, 2018 and 2017, respectively.
A summary of additions and deductions related to the valuation allowance for deferred tax asset accounts for the years ended March 31, 2019, 2018 and 2017 follows (amounts in millions):
Table:
 | Balance at Beginning of Year | Additions Charged to Costs and Expenses | Additions Charged to Other Accounts | Deductions | Balance at End of Year
Valuation allowance for deferred tax assets: |  |  |  |  | 
Fiscal 2019 | $204.5 | $16.2 | $175.8 | $(64.4) | $332.1
Fiscal 2018 | $210.1 | $36.2 | $— | $(41.8) | $204.5
Fiscal 2017 | $161.8 | $15.2 | $37.6 | $(4.5) | $210.1


Question: What was the percentage change in the Balance at End of Year between 2018 and 2019?
Answer: 62.4
Calculation: (332.1-204.5)/204.5
Pro forma consolidated results of operations
The following unaudited pro forma financial information presents combined results of operations for each of the periods presented as if the acquisitions of MOI and GP had been completed on January 1, 2018. The pro forma information includes adjustments to depreciation expense for property and equipment acquired and amortization expense for the intangible assets acquired and the elimination of transaction expenses recognized in each period. Transaction-related expenses associated with the acquisition and excluded from pro forma income from continuing operations were $1.0 million for the year ended December 31, 2019. There were no transaction-related expenses associated with the acquisition for the year ended December 31, 2018. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations or the combined business had the acquisitions of MOI and GP occurred on January 1, 2018, or the results of future operations of the combined business. For instance, planned or expected operational synergies following the acquisition are not reflected in the pro forma information. Consequently, actual results will differ from the unaudited pro forma information presented below.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
 | (unaudited)  | (unaudited)
Revenue | $72,576,902 | $60,249,896
Income from continuing operations | $6,912,802 | $1,559,008


Question: What was the Income from continuing operations in 2019 and 2018 respectively?
Answer: $6,912,802, $1,559,008
6. Revenue continued
Contract assets and liabilities recognised at 31 March 2019 are as follows:
£1,216m of the contract liability recognised at 1 April 2018 was recognised as revenue during the year. Impairment losses of £36m were recognised on contract assets during the year. Other than business-as-usual movements there were no significant changes in contract asset and liability balances during the year.
Table:
 | 31 March 2019 | 1 April 2018
 | £m | £m
Contract assets |  | 
Current | 1,353 | 1,417
Non-current | 249 | 198
 | 1,602 | 1,615
Contract liabilities |  | 
Current | 1,225 | 1,406
Non-current | 200 | 87
 | 1,425 | 1,493


Question: What is the change in Contract assets: Current from 31 March 2019 to 1 April 2018?
Answer: -64
Calculation: 1,353-1,417
Compensation of Key Management Personnel (Including Directors)
Short-term employee benefits comprise fees, salaries, benefits and bonuses earned during the year as well as nonmonetary benefits.
Post-employment benefits comprise the cost of providing defined contribution pensions to senior management in respect of the current period.
Share-based payments comprise the cost of senior management’s participation in share-based payment plans for the period as measured by the fair value of awards in accordance with IFRS2.
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Short-term employee benefits | 6.6 | 9.1
Post-employment benefits | 0.1 | 0.1
Share-based payments - equity-settled | 10.4 | 17.7
Total | 17.1 | 26.9


Question: What do short-term employee benefits comprise?
Answer: fees, salaries, benefits and bonuses earned during the year as well as nonmonetary benefits.