hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
11 Dividends
The proposed dividend is subject to approval in 2020. It is therefore not included as a liability in these Financial Statements. No scrip alternative to the cash dividend is being offered in respect of the proposed final dividend for the year ended 31st December 2019.
Table:
 | 2019 | 2018
 | £m | £m
Amounts paid in the year: |  | 
Final dividend for the year ended 31st December 2018 of 71.0p (2017: 62.0p) per share | 52.3 | 45.7
Interim dividend for the year ended 31st December 2019 of 32.0p (2018: 29.0p) per share | 23.6 | 21.3
Total dividends paid | 75.9 | 67.0
Amounts arising in respect of the year: |  | 
Interim dividend for the year ended 31st December 2019 of 32.0p (2018: 29.0p) per share | 23.6 | 21.3
Proposed final dividend for the year ended 31st December 2019 of 78.0p (2018: 71.0p) per share | 57.5 | 52.3
Total dividends arising | 81.1 | 73.6


Question: What was the percentage change in the amount of total dividends paid in 2019 from 2018?
Answer: 13.28
Calculation: (75.9-67.0)/67.0
Acquisitions and divestments
Acquisitions
In 2019, Ericsson made acquisitions with a negative cash flow effect amounting to SEK 1,815 (1,220) million. The acquisitions presented below are not material, but the Company gives the information to provide the reader a summarized view of the content of the acquisitions made. The acquisitions consist primarily of:
Kathrein: On October 2, 2019, the Company acquired assets from Kathrein, a world leading provider of antenna and filter technologies with approximately 4,000 employees. Kathrein’s antenna and filters business has a strong R&D organization with extensive experience in antenna design and research, coupled with a strong IPR portfolio. In addition to broadening Ericsson’s portfolio of antenna and filter products, the acquisition will bring vital competence for the evolution of advanced radio network products. The acquired Kathrein business has had a negative impact of SEK –0.5 billion since the acquisition, corresponding to –1 percentage point in Networks operating margin. Balances to facilitate the Purchase price allocation are preliminary.
CSF: On August 20, 2019, the Company acquired 100% of the shares in CSF Holdings Inc. a US-based technology company with approximately 25 employees. CSF strengthens iconectiv’s Business to Consumer (B2C) product platforms to enable growth in messaging and Toll-Free Number (TFN) management. Balances to facilitate the Purchase price allocation are final.
ST-Ericsson: Before ST-Ericsson was a joint venture where Ericsson and ST Microelectronics had a 50/50 ownership. This joint venture consisted of a number of legal entities where the two parties owned different stakes in the different legal entities. In December 2019 the Company initiated transactions to wind-down the legal structure of ST-Ericsson by acquiring the remaining shares in two legal ST-Ericsson entities and costs of SEK –0.3 billion impacted the result. The Company now owns 100% of the shares in those entities.
In order to finalize a Purchase price allocation all relevant information needs to be in place. Examples of such information are final consideration and final opening balances, they may remain preliminary for a period of time due
to for example adjustments of working capital, tax items or decisions from local authorities.
1) Acquisition-related costs are included in Selling and administrative expenses in the consolidated income statement.
Table:
Acquisitions 2017–2019 |  |  | 
 | 2019 | 2018 | 2017
Total consideration, including cash | 1,957 | 1,314 | 62
Net assets acquired |  |  | 
Cash and cash equivalents | 142 | 94 | –
Property, plant and equipment | 353 | 4 | 12
Intangible assets | 497 | 481 | 101
Investments in associates | 101 | 64 | –
Other assets | 1,357 | 254 | 1
Provisions, incl. post-employment benefits | –102 | – | –
Other liabilities | –743 | –494 | 25
Total identifiable net assets | 1,605 | 403 | 139
Costs recognized in net income | 153 | – | –
Goodwill | 199 | 911 | –77
Total | 1,957 | 1,314 | 62
Acquisition-related costs 1) | 85 | 24 | 49


Question: How many employees are in Kathrein?
Answer: approximately 4,000
Share-based Compensation Expense
We have several share-based compensation plans covering stock options and RSUs for our employees and directors, which are described more fully in Note 11.
We measure our compensation cost related to share-based payment transactions based on fair value of the equity or liability classified instrument. For purposes of estimating the fair value of each stock option unit on the date of grant, we utilize the Black-Scholes option-pricing model. Option valuation models require the input of highly subjective assumptions including the expected volatility factor of the market price of our common stock (as determined by reviewing our historical public market closing prices). Our accounting for share-based compensation for RSUs is based on the closing market price of our common stock on the date of grant.
Our total share-based compensation expense recognized in the Company’s results of operations from non-cash and cash-portioned instruments issued to our employees and directors comprised the following (in thousands):
Table:
 |  | Year Ended December 31,
 | 2019 | 2018
Research and development expense: |  | 
Stock option awards | $8 | $38
RSU awards | 13 | 27
 | 21 | $65
General and administrative expense: |  | 
Stock option awards | 12 | 61
RSU awards | 105 | 104
 | 117 | $165
Total share-based compensation expense | 138 | $230


Question: What are the types of share-based compensation plans?
Answer: We have several share-based compensation plans covering stock options and RSUs for our employees and directors
Operating Results – Teekay Tankers
The following table compares Teekay Tankers’ operating results, equity income and number of calendar-ship-days for its vessels for 2019 and 2018.
(1) Calendar-ship-days presented relate to owned and in-chartered consolidated vessels.
Teekay Tankers' income from vessel operations increased to $123.9 million in 2019 compared to $7.2 million in 2018, primarily as a result of: • an increase of $129.3 million due to higher overall average realized spot tanker rates earned by Teekay Tankers' Suezmax, Aframax and LR2 product tankers; • an increase of $3.5 million due to improved net results from Teekay Tankers' full service lightering (or FSL) activities from more voyage days and higher realized spot rates earned;
• an increase of $3.4 million resulting from lower general and administrative expenses primarily due to non-recurring project expenses incurred in 2018; • a net increase of $2.3 million primarily due to the delivery of three Aframax and two LR2 chartered-in tankers in late 2018 and throughout 2019, partially offset by the redeliveries of various in-chartered tankers to their owners in the second and third quarters of 2018; and • an increase of $1.2 million as a result of restructuring charge incurred in the prior year;
partially offset by
• a decrease of $10.2 million due to a higher number of off-hire days in 2019 resulting from dry dockings and higher off-hire bunker expenses compared to the prior year; • a decrease of $6.9 million due to lower revenues and loss on the sale of one Suezmax tanker in 2019 and the write-down of two Suezmax tankers that were classified as held for sale at December 31, 2019; and • a decrease of $6.4 million due to the amortization of first dry dockings for various former Tanker Investments Ltd. (or TIL) vessels subsequent to Teekay Tankers' acquisition of TIL in late 2017.
Equity income increased to $2.3 million in 2019 from $1.2 million in 2018 primarily due to higher earnings recognized in 2019 from the High-Q Investment Ltd. joint venture as a result of higher spot rates earned in 2019.
Table:
 | Year Ended December 31, | 
(in thousands of U.S. dollars, except calendar-ship-days) | 2019 | 2018
Revenues | 943,917 | 776,493
Voyage expenses | (402,294) | (381,306)
Vessel operating expenses | (208,601) | (209,131)
Time-charter hire expense | (43,189) | (19,538)
Depreciation and amortization | (124,002) | (118,514)
General and administrative expenses | (36,404) | (39,775)
Write-down and loss on sale of vessels | (5,544) | 170
Restructuring charges | — | (1,195)
Income from vessel operations | 123,883 | 7,204
Equity income | 2,345 | 1,220
Calendar-Ship-Days (1) |  | 
Conventional Tankers | 22,350 | 21,226


Question: What was the increase due to lower general and administrative expenses?
Answer: $3.4 million
Other Income (Expense), Net
Other income (expense), net relates to certain non-operational charges primarily consisting of income or losses in our share of marketable equity securities accounted for under the equity method and of transactional foreign exchange gains (losses). The income (expense) from foreign exchange is dependent upon the change in foreign currency exchange rates vis-àvis the functional currency of the legal entity.
(1) Represents the release to income from other comprehensive income relating to the mark to market on shares we held in Guidance prior to our acquisition in the first quarter of Fiscal 2018.
(2) Represents a gain recognized in connection with the settlement of a certain breach of contractual arrangement in the second quarter of Fiscal 2018.
Table:
 |  |  | Year Ended June 30, |  | 
(In thousands) | 2019 | Change increase (decrease)) | 2018 | Change increase (decrease)) | 2017
Foreign exchange gains (losses) | $(4,330) | $(9,175) | $4,845 | $1,776 | $3,069
OpenText share in net income (loss) of equity investees (note 8) | 13,668 | 7,703 | 5,965 | 13 | 5,952
Income from long-term other receivable | — | (1,327) | 1,327 | (5,099) | 6,426
Gain on shares held in Guidance (1) | — | (841) | 841 | 841 | —
Gain from contractual settlement (2) | — | (5,000) | 5,000 | 5,000 | —
Other miscellaneous income (expense) | 818 | 823 | (5) | (301) | 296
Total other income (expense), net | $10,156 | $(7,817) | $17,973 | $2,230 | $15,743


Question: What is the percentage change of Total other income (expense), net for fiscal year 2018 to 2019?
Answer: -43.49
Calculation: -7,817/17,973
22. PENSIONS
Defined contribution scheme
We operate a defined contribution scheme. The pension cost for the period represents contributions payable by us to the scheme. The charge to net income for the years ended December 31, 2019, 2018 and 2017 was $2.4 million, $1.9 million and $1.7 million, respectively.
Defined benefit schemes
We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers. We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers.
We use December 31 as a measurement date for our pension plans.
The components of net periodic benefit costs are as follows:
The components of net periodic benefit costs are recognized in the income statement within administrative expenses and vessel operating expenses.
The estimated net loss for the defined benefit pension plans that will be amortized from accumulated other comprehensive income into net periodic pension benefit cost during the year ended December 31, 2019 is $0.8 million (2018: $1.4 million).
Table:
(in thousands of $) | 2019 | 2018 | 2017
Service cost | 162 | 250 | 313
Interest cost | 1,740 | 1,687 | 1,901
Expected return on plan assets | (375) | (926) | (843)
Recognized actuarial loss | 777 | 1,392 | 1,182
Net periodic benefit cost | 2,304 | 2,403 | 2,553


Question: What are the components of net periodic benefit costs?
Answer: Service cost, Interest cost, Expected return on plan assets, Recognized actuarial loss
Cash Flow
Cash flow from operating activities was up by €1.0 billion mainly driven by working capital improvement in 2019 compared to the prior year which was impacted by the disposal of spreads. Gross margin improvement had a favourable contribution a result of strong delivery from 5-S savings programmes. Overheads and brand and marketing efficiencies also had a favourable contribution as a result of our zero-based-budgeting programme.
(a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.
* Certain measures used in our reporting are not defined under IFRS. For further
information about these measures, please refer to the commentary on non-GAAP
measures on pages 27 to 32.
Net cash outflow as a result of investing activities was €2.2 billion compared to an inflow of €4.6 billion in the prior year which included €7.1 billion from the disposal of spreads business.
Net outflow from financing activities was €4.7 billion compared to €12.1
billion in the prior year. 2018 included €6.0 billion relating to repurchase of
shares. In 2019 borrowings net of repayments was €1.4 billion higher than
the prior year.
Table:
 | € million | € million
 | 2019 | 2018
 |  | (Restated)(a)
Operating profit | 8,708 | 12,639
Depreciation, amortisation and impairment | 1,982 | 2,216
Changes in working capital | (9) | (793)
Pensions and similar obligations less Payments | (260) | (128)
Provision less payments | 7 | 55
Elimination of (profits)/losses on disposals | 60 | (4,313)
Non-cash charge for share-based compensation | 151 | 196
Other adjustments | 2 | (260)
Cash flow from operating activities | 10,641 | 9,612
Income tax paid | (2,532) | (2,294)
Net capital expenditure | (1,429) | (1,424)
Net interest and preference dividends paid | (548) | (461)
Free cash flow* | 6,132 | 5,433
Net cash flow (used in)/from investing activities | (2,237) | 4,644
Net cash flow (used in)/from financing activities | (4,667) | (12,113)


Question: What caused the increase in the cash flow from operating activities in 2019?
Answer: mainly driven by working capital improvement in 2019 compared to the prior year which was impacted by the disposal of spreads
8. Marketable Securities
The cost, gross unrealized gains, gross unrealized losses and fair market value of available-for-sale securities at April 30, 2019 and 2018, respectively, were as follows (in thousands):
Table:
 |  |  | April 30, 2019 | 
 | Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Market Value
Fixed income securities | $8,152 | $71 | $(24) | $8,199
 |  |  | April 30, 2018 | 
 | Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Market Value
Fixed income securities | $6,274 | $10 | $(135) | $6,149


Question: What is the difference in cost of the fixed income securities between 2018 and 2019?
Answer: 1878
Calculation: 8,152-6,274
BIG W’s Store‐controllable VOC and VOC NPS improved on the prior year with higher customer scores translating into sales, with an increase in F19 of 4.2% on a normalised basis to $3.8 billion. Comparable sales increased by 5.3% in F19 and 7.2% in Q4 (Easter‐adjusted) with growth in all customer universes.
BIG W’s growth continues to be driven by an increase in customer transactions (F19: 4.0%) and customers increasingly putting more items in their baskets with comparable items per basket growth of 4.4%. Together this drove comparable item growth of 8.6%. Excluding reusable bags, comparable items increased by 5.2%.
With BIG W’s turnaround gaining momentum, and to build a sustainable network for the future, a store and DC network review was announced in April. BIG W intends to close approximately 30 stores over the next three years and two distribution centres at the end of their leases. The review of the store network is ongoing, with three stores recently announced to be closed in F20.
BIG W has remained price competitive, improved ranges and built a convenient online and in‐store experience in F19.
Normalised Online sales increased by 128% in F19 with Pick up consistently delivering strong sales growth. Apparel, which has been more challenging, improved steadily through H2 due to a focus on range, stock flow and in‐store execution.
Normalised gross profit declined 49 bps for F19 reflecting continued challenges in stockloss as well as slow sell‐through of seasonal apparel in H1. Category mix improved in H2 with improved apparel sell‐through.
Normalised CODB declined 132 bps resulting from store efficiencies and sales growth fractionalising fixed costs.
The LBIT of $85 million before significant items excludes a $371 million charge identified as part of the network review.
Funds employed declined primarily due to significant items provisions. Inventory quality has improved as a result of solid sales and improved apparel sell‐through in H2.
In F20, BIG W will focus on creating a sustainable business that is simpler to operate, and continue providing customers with low prices and more convenient, connected solutions in‐store and online.
Table:
 | F19 | F18 |  | CHANGE
$ MILLION | 53 WEEKS | 52 WEEKS | CHANGE | NORMALISED
Sales | 3,797 | 3,566 | 6.5% | 4.2%
LBITDA before |  |  |  | 
significant items | (5) | (30) | (82.2)% | (88.7)%
Depreciation and amortisation | (80) | (80) | 0.7% | 0.7%
LBIT before significant items | (85) | (110) | (22.2)% | (24.0)%
Significant items | (371) | – | n.m. | n.m.
LBIT after significant items | (456) | (110) | 315.5% | 313.7%
Gross margin (%) | 31.1 | 31.7 | (59) bps | (49) bps
Cost of doing business (%) | 33.4 | 34.8 | (142) bps | (132) bps
LBIT 2 to sales (%) | (2.3) | (3.1) | 83 bps | 84 bps
Sales per square metre ($)$) | 3,629 | 3,369 | 7.7% | 5.4%
Funds employed | 204 | 502 | (59.4)% | 
ROFE (%) | (23.0) | (23.3) | 24 bps | 77 bps


Question: What is the average cost of doing business (%) for both F19 and F18?
Answer: 34.1
Calculation: (33.4 + 34.8)/2
Other financial assets and liabilities consists of derivatives, the Group’s holdings in listed and unlisted investments, and loans provided to related parties.
The Group’s investments in listed equity securities are designated as financial assets at fair value through other comprehensive income. Investments are initially measured at fair value net of transaction costs and, in subsequent periods, are measured at fair value with any change recognised in other comprehensive income. Upon disposal, the cumulative gain or loss recognised in other comprehensive income is transferred to retained earnings.
Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies. Investments in associates are initially recognised at cost including transaction costs and are accounted for using the equity method by including the Group’s share of profit or loss and other comprehensive income of associates in the carrying amount of the investment until the date on which significant influence ceases. Dividends received reduce the carrying amount of the investment in associates.
Table:
 | 2019 | 2018
 | $M | $M
Current |  | 
Derivatives | 45 | 53
Total current other financial assets | 45 | 53
Non‑current |  | 
Derivatives | 501 | 366
Listed equity securities | 91 | 96
Investments in associates | 59 | 57
Loans provided to related parties | 41 | 3
Total non‑current other financial assets | 692 | 522
Total other financial assets | 737 | 575
Current |  | 
Derivatives | 58 | 50
Total current other financial liabilities | 58 | 50
Non‑current |  | 
Derivatives | 24 | 61
Total non‑current other financial liabilities | 24 | 61
Total other financial liabilities | 82 | 111


Question: What is the total other financial assets in 2019?
Answer: 737
note 4 - goodwill and other intangible assets : goodwill the company had approximately $ 93.2 million and $ 94.4 million of goodwill at december 30 , 2017 and december 31 , 2016 , respectively . the changes in the carrying amount of goodwill for the years ended december 30 , 2017 and december 31 , 2016 are as follows ( in thousands ) : .

Table:
 | 2017 | 2016
balance beginning of year | $ 94417 | $ 10258
goodwill acquired as part of acquisition | 2014 | 84159
working capital settlement | -1225 ( 1225 ) | 2014
impairment loss | 2014 | 2014
balance end of year | $ 93192 | $ 94417
goodwill is allocated to each identified reporting unit , which is defined as an operating segment or one level below the operating segment .
goodwill is not amortized , but is evaluated for impairment annually and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable .
the company completes its impairment evaluation by performing valuation analyses and considering other publicly available market information , as appropriate .
the test used to identify the potential for goodwill impairment compares the fair value of a reporting unit with its carrying value .
an impairment charge would be recorded to the company 2019s operations for the amount , if any , in which the carrying value exceeds the fair value .
in the fourth quarter of fiscal 2017 , the company completed its annual impairment testing of goodwill and no impairment was identified .
the company determined that the fair value of each reporting unit ( including goodwill ) was in excess of the carrying value of the respective reporting unit .
in reaching this conclusion , the fair value of each reporting unit was determined based on either a market or an income approach .
under the market approach , the fair value is based on observed market data .
other intangible assets the company had approximately $ 31.3 million of intangible assets other than goodwill at december 30 , 2017 and december 31 , 2016 .
the intangible asset balance represents the estimated fair value of the petsense tradename , which is not subject to amortization as it has an indefinite useful life on the basis that it is expected to contribute cash flows beyond the foreseeable horizon .
with respect to intangible assets , we evaluate for impairment annually and whenever events or changes in circumstances indicate that the carrying value may not be recoverable .
we recognize an impairment loss only if the carrying amount is not recoverable through its discounted cash flows and measure the impairment loss based on the difference between the carrying value and fair value .
in the fourth quarter of fiscal 2017 , the company completed its annual impairment testing of intangible assets and no impairment was identified. .

Question: what percent did the company's goodwill balance increase between the between the beginning of 2016 and the end of 2017?
Answer: 808.5%
Calculation: subtract(93192, 10258), divide(#0, 10258)
7. Accrued Expenses
Accrued expenses consist of the following (in thousands):
Table:
 | August 31, 2019 | August 31, 2018
Contract liabilities | $511,329 | $—
Deferred income | — | 691,365
Accrued compensation and employee benefits | 600,907 | 570,400
Obligation associated with securitization programs | 475,251 | —
Other accrued expenses | 1,402,657 | 1,000,979
Accrued expenses | $2,990,144 | $2,262,744


Question: What was the Accrued compensation and employee benefits in 2018?
Answer: 570,400