next-tat/TAT-QA huggingface dataset:
US$
Hedging effect
(In millions of dollars, except interest rates) Effective date
Principal/ Notional amount (US$)
Maturity date
Coupon rate
Fixed hedged (Cdn$) interest rate 1
Equivalent (Cdn$)
2019 issuances
April 30, 2019
1,250
2049
4.350%
4.173%
1,676
November 12, 2019
1,000
2049
3.700%
3.996%
1,308
2018 issuances
February 8, 2018
750
2048
4.300%
4.193%
938

text: DEBT DERIVATIVES
text: We use cross-currency interest rate agreements (debt derivatives) to manage risks from fluctuations in foreign exchange rates associated with our US dollar-denominated senior notes and debentures, lease liabilities, credit facility borrowings, and US CP borrowings. We designate the debt derivatives related to our senior notes and debentures and lease liabilities as hedges for accounting purposes against the foreign exchange risk associated with specific debt instruments. Debt derivatives related to our credit facility and US CP borrowings have not been designated as hedges for accounting purposes.
text: 1 Converting from a fixed US$ coupon rate to a weighted average Cdn$ fixed rate.
text: Settlement of debt derivatives related to senior notes We did not settle any debt derivatives related to senior notes during 2019.
text: In April 2018, we settled the debt derivatives related to the repayment of the entire outstanding principal amount of our US$1.4 billion ($1.8 billion) 6.8% senior notes otherwise due in August 2018. See “Sources and Uses of Cash” for more information.

Questions:
question: How many debt derivatives related to senior notes during 2019 were settled?
answer: We did not settle any debt derivatives related to senior notes during 2019.
question: When were the debt derivatives related to the repayment due?
answer: August 2018
question: What was the hedge interest rate in April 30, 2019?
answer: 4.173%
question: What was the increase / (decrease) in the coupon rate from November 12, 2019 to April 30, 2019?
answer: -0.18
derivation: 3.996% - 4.173%
scale: percent
question: What was the increase / (decrease) in the Equivalent (Cdn$) between 2018 and November 2019?
answer: 370
derivation: 1,308 - 938
scale: million
question: What was the average Principal/ Notional amount in 2019?
answer: 1125
derivation: (1,250 + 1,000) / 2
scale: million
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

text: 12. Commitments and Contingencies
text: 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.
text: 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:
text: 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.
text: 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.
text: 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.

Questions:
question: How much was the outstanding letters of credit related to certain operating leases as of March 31, 2019?
answer: $3.9 million
question: How much was the outstanding letters of credit related to certain operating leases as of March 31, 2018?
answer: $3.8 million
question: How much was the Rent expense related to the Company’s office facilities for the years ended March 31, 2019, 2018 and 2017 respectively?
answer: $5.3 million
$4.8 million
$3.2 million
question: What is the change in Facility Leases from Year Ending March 31, 2021 to 2022?
answer: -1075
derivation: 14,111-15,186
question: What is the change in Facility Leases from Year Ending March 31, 2022 to 2023?
answer: -286
derivation: 13,825-14,111
question: What is the change in Facility Leases from Year Ending March 31, 2023 to 2024?
answer: -139
derivation: 13,686-13,825
£m
2018/19
2017/18
Change
Divisional contribution2
Grocery
138.3
130.0
+6.3%
Sweet Treats
23.6
25.8
(8.4%)
Total
161.9
155.8
+3.9%
Group & corporate costs
(33.4)
(32.8)
(1.8%)
Trading profit
128.5
123.0
+4.5%

text: Trading profit
text: The Group reported Trading profit of £128.5m in the year, growth of £5.5m, up +4.5% compared to 2017/18. Divisional contribution increased by £6.1m to £161.9m. The Grocery business recorded Divisional contribution growth of £8.3m to £138.3m while Sweet Treats Divisional contribution was £2.2m lower than the prior year at £23.6m. Group & corporate costs were £0.6m higher than the prior year.
text: In the first half of the year, Grocery Divisional contribution benefitted from previous changes in the promotional strategy of Ambrosia. The business reduced the depth of promotional deals it offered which resulted in lower volumes and revenue in the period but growth in Divisional contribution.
text: Additionally, Divisional contribution margins in the Grocery business grew 2.1 percentage points in the first half compared to the prior year. This is in line with margins two years ago, whereby margins in the prior year were impacted by a longer than expected process to recover input cost inflation seen across the Group’s categories.

Questions:
question: How much was the growth in trading profit in the year 2018/19?
answer: growth of £5.5m
question: What is the divisional contribution of grocery in 2018/19?
answer: 138.3
scale: million
question: What is the divisional contribution of grocery in 2017/18?
answer: 130.0
scale: million
question: What is the change in Divisional contribution of Grocery from 2018/19 to 2017/18?
answer: 8.3
derivation: 138.3-130.0
scale: million
question: What is the change in Divisional contribution of Sweet Treats from 2018/19 to 2017/18?
answer: -2.2
derivation: 23.6-25.8
scale: million
question: What is the change in Group & corporate costs from 2018/19 to 2017/18?
answer: 0.6
derivation: 33.4-32.8
scale: million
Most recent three-year average seasonality
First quarter
Second quarter
Third quarter
Fourth quarter
Sequential change, sales
-25%
11%
4%
17%
Share of annual sales
22%
24%
25%
29%

text: Seasonality
text: The Company’s sales, income and cash flow from operations vary between quarters, and are generally lowest in the first quarter of the from operations vary between quarters, and are generally lowest in the first quarter of the year and highest in the fourth quarter. This is mainly a result of the seasonal purchase patterns of network operators.

Questions:
question: Which quarter has lowest in sales, income and cash flow from operations?
answer: First quarter
question: What is the share of annual sales in third quarter?
answer: 25%
question: What is the share of annual sales in fourth quarter?
answer: 29%
question: What is the change in share of annual sales between first quarter and second quarter?
answer: 2
derivation: 24%-22%
scale: percent
question: What is the total share of annual sales for the second half of the year?
answer: 54
derivation: 25%+29%
scale: percent
question: What is the change in sequential change of sales between second and third quarter?
answer: 7
derivation: 11-4
scale: percent
Payments Due In Fiscal Year
2020
2021
2022
Total
Term loans - principal payments
$42,838
$7,838
$7,838
$58,514
Term loans - interest payments(1)
777
155
47
979
Total
$43,615
$7,993
$7,885
$59,493

text: FRT Term Loan
text: On October 25, 2019, we entered into a $23.4 million three-year credit facility loan agreement (the "FRT Term Loan") with HSBC Trinkaus & Burkhardt AG, Germany, to fund the acquisition of FRT GmbH, which we acquired on October 9, 2019. See Note 4 for further details of the acquisition.
text: The FRT Term Loan bears interest at a rate equal to the Euro Interbank Offered Rate ("EURIBOR") plus 1.75 % per annum and will be repaid in quarterly installments of approximately $1.9 million plus interest beginning January 25, 2020.
text: The obligations under the FRT Term Loan are fully and unconditionally guaranteed by FormFactor, Inc.
text: The Credit Facility contains negative covenants customary for financing of this type, including covenants that place limitations on the incurrence of additional indebtedness, the creation of liens, the payment of dividends; dispositions; fundamental changes, including mergers and acquisitions; loans and investments; sale leasebacks; negative pledges; transactions with affiliates; changes in fiscal year; sanctions and anti-bribery laws and regulations, and modifications to charter documents in a manner materially adverse to the Lenders.
text: The FRT Term Loan also contains affirmative covenants and representations and warranties customary for financing of this type.
text: Future principal and interest payments on our term loans as of December 28, 2019, based on the interest rate in effect at that date were as follows (in thousands):
text: (1) Represents our minimum interest payment commitments at 1.35% per annum for the FRT Term Loan and 3.71% per annum for the CMI Term Loan.

Questions:
question: When was FRT GmbH acquired?
answer: October 9, 2019
question: What is the change in Term loans - principal payments from Fiscal Year 2021 to 2020?
answer: -35000
derivation: 7,838-42,838
scale: thousand
question: What is the change in Term loans - interest payments from Fiscal Year 2021 to 2020?
answer: -622
derivation: 155-777
scale: thousand
question: In which year was Term loans - principal payments less than 10,000 thousands?
answer: 2021
2022
derivation: locate and analyze Term loans - principal payments in row 3
question: What was the Term loans - interest payments in 2020, 2021 and 2022 respectively?
answer: 777
155
47
scale: thousand
question: What was the credit facility loan amount entered on October 25, 2019?
answer: $23.4 million
Year Ended
June 30
2019
2018
Net income
$271,885
$365,034
Non-cash expenses
180,987
87,906
Change in receivables
(11,777)
21,489
Change in deferred revenue
23,656
1,255
Change in other assets and liabilities
(33,623)
(63,542)
Net cash provided by operating activities
$431,128
$412,142

text: LIQUIDITY AND CAPITAL RESOURCES
text: The Company’s cash and cash equivalents increased to $93,628 at June 30, 2019 from $31,440 at June 30, 2018. Cash at the end of fiscal 2018 was lower due primarily to the acquisition of Ensenta and higher repayment of debt in fiscal 2018.
text: The following table summarizes net cash from operating activities in the statement of cash flows:
text: Cash provided by operating activities increased 5% compared to fiscal 2018. Cash from operations is primarily used to repay debt, pay dividends and repurchase stock, and for capital expenditures.

Questions:
question: What is the net income in 2018 and 2019 respectively?
answer: $365,034
$271,885
question: What is the non-cash expenses in 2018 and 2019 respectively?
answer: 87,906
180,987
question: What does the table show?
answer: summarizes net cash from operating activities in the statement of cash flows
question: What is the change in net cash provided by operating activities from 2018 to 2019?
answer: 18986
derivation: $431,128-$412,142
question: What is the average net income for 2018 and 2019?
answer: 318459.5
derivation: ($271,885+$365,034)/2
question: What is the average net cash provided by operating activities for 2018 and 2019?
answer: 421635
derivation: ($431,128+$412,142)/2
Years ended December 31,
Federal
State
Foreign
2020 to 2024
$—
$222.3
$11.9
2025 to 2029
141.6
285.7
104.8
2030 to 2034
7.0
41.4
19.6
2035 to 2039
3.6
159.5
—
Indefinite carryforward
22.8
—
853.8
Total
$175.0
$708.9
$990.1

text: AMERICAN TOWER CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular amounts in millions, unless otherwise disclosed)
text: At December 31, 2019, the Company had net federal, state and foreign operating loss carryforwards available to reduce future taxable income. If not utilized, the Company’s NOLs expire as follows:

Questions:
question: What was the company's Federal NOLs expiring in 2025 to 2029?
answer: 141.6
scale: million
question: What was the company's State NOLs expiring in 2020 to 2024?
answer: $222.3
scale: million
question: What was the company's Foreign NOLs expiring in 2030 to 2034?
answer: 19.6
scale: million
question: What is the difference between Federal and State NOLs in the period 2025 to 2029?
answer: 144.1
derivation: 285.7-141.6
scale: million
question: What was the Federal NOL as a ratio of Foreign NOL in the period 2030 to 2034?
answer: 35.71
derivation: 7.0/19.6
scale: percent
question: What is the sum of the company's total NOLs?
answer: 1874
derivation: $175.0+$708.9+$990.1
scale: million
Year Ended December 31,
(In thousands)
2019
2018
2017
Beginning balance as of January 1
$ 19,821
$ 10,939
$ 10,616
Increases for tax positions related to the current year
1,240
8,977
640
Decreases for tax positions related to prior years
0
0
(146)
Increases for tax positions related to prior years
95
367
153
Decreases relating to settlements with taxing authorities
0
0
0
Increases acquired in business acquisitions
0
540
0
Foreign currency translation
3
(5)
10
Reductions due to lapsed statute of limitations
(555)
(997)
(334)
Ending balance as of December 31
$ 20,604
$ 19,821
$ 10,939

text: Changes in the amounts of unrecognized tax benefits were as follows:
text: We had gross unrecognized tax benefits of $20.6 million and $19.8 million as of December 31, 2019 and 2018, respectively. If the current gross unrecognized tax benefits were recognized, the result would be an increase in our income tax benefit of $20.7 million and $19.6 million, respectively. These amounts are net of accrued interest and penalties relating to unrecognized tax benefits of $0.4 million and $0.2 million, respectively.
text: We believe that it is reasonably possible that $0.2 million of our currently remaining unrecognized tax benefits may be recognized by the end of 2020, as a result of a lapse of the applicable statute of limitations.

Questions:
question: How much is the gross unrecognized tax benefits as of December 31, 2019?
answer: $20.6 million
question: How much is the gross unrecognized tax benefits as of December 31, 2018?
answer: $19.8 million
question: What would have been the impact if the current gross unrecognized tax benefits were recognized?
answer: the result would be an increase in our income tax benefit of $20.7 million and $19.6 million, respectively.
question: What is the change in Beginning balance as of January 1 between 2019 and 2018?
answer: 8882
derivation: 19,821-10,939
scale: thousand
question: What is the change in Increases for tax positions related to the current year between 2019 and 2018?
answer: -7737
derivation: 1,240-8,977
scale: thousand
question: What is the change in Increases for tax positions related to prior years between 2019 and 2018?
answer: -272
derivation: 95-367
scale: thousand
€ million
€ million
2019
2018
(Restated)(a)
Total financial liabilities
(28,257)
(26,738)
Current financial liabilities
(4,691)
(3,613)
Non-current financial liabilities
(23,566)
(23,125)
Cash and cash equivalents as per balance sheet
4,185
3,230
Cash and cash equivalents as per cash flow statement
4,116
3,090
Add bank overdrafts deducted therein
69
140
Other current financial assets
907
874
Non-current financial assets derivatives that relate to financial liabilities
114
–
Net debt
(23,051)
(22,634)

text: Net debt
text: Net debt is a measure that provides valuable additional information on the summary presentation of the Group’s net financial liabilities and is a measure in common use elsewhere.
text: Prior to this quarter, all financial asset derivatives were current financial assets and so reduced net debt. Following a recent review we now also have financial asset derivatives that are non-current in nature. As all of these derivatives relate to financial liabilities, we continue to exclude them for the purposes of our net debt calculation and have expanded our definition to reflect this.
text: Net debt is now defined as the excess of total financial liabilities, excluding trade payables and other current liabilities, over cash, cash equivalents and other current financial assets, excluding trade and other current receivables, and non-current financial asset derivatives that relate to financial liabilities.
text: (a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.

Questions:
question: What is Net Debt?
answer: Net debt is a measure that provides valuable additional information on the summary presentation of the Group’s net financial liabilities and is a measure in common use elsewhere.
question: How is Net Debt calculated?
answer: excess of total financial liabilities, excluding trade payables and other current liabilities, over cash, cash equivalents and other current financial assets
question: What is excluded from Net Debt calculation?
answer: trade and other current receivables, and non-current financial asset derivatives that relate to financial liabilities.
question: What is the average total financial liabilities?
answer: -27497.5
derivation: - (28,257 + 26,738) / 2
scale: million
question: What is the change in the Cash and cash equivalents as per balance sheet from 2018 to 2019?
answer: 955
derivation: (4,185 - 3,230)
scale: million
question: What is the percentage change in Net Debt?
answer: 1.84
derivation: (23,051 / 22,634) - 1
scale: percent
Credit Rating
Authorised Limit
Group Exposure 31 December 2019
Credit Rating
Authorised Limit
Group Exposure 31 December 2018
£m
£m
£m
£m
Counterparty #1
AA-
125.0
64.9
AA-
125.0
111.9
Counterparty #2
AAA
150.0
43.1
A+
100.0
44.1
Counterparty #3
A+
100.0
38.7
A
100.0
27.2
Counterparty #4
A
100.0
26.0
AAA
150.0
22.3
Counterparty #5
A
75.0
20.0
AAA
150.0
12.3
Sum of five largest exposures
192.7
217.8
Sum of cash deposits and derivative financial instrument assets
203.5
244.2
Five largest exposures as a percentage of assets at risk
95%
89%

text: At 31 December 2019 trade receivables are shown net of a loss allowance totalling £6.1 million (2018: £4.0 million).
text: The Group does not use factoring to generate cash flow from trade receivables.
text: – other financial assets including loans to joint ventures
text: The Group applies the expected credit loss model in respect of other financial assets. Financial assets are individually assessed as to whether the credit risk has increased significantly in the period and therefore whether there is a need to apply the lifetime expected credit losses model as opposed to the 12-month expected credit loss model.
text: At 31 December 2019 there is no loss allowance recognised for other financial assets as it has been concluded as an immaterial risk of credit loss on other financial assets.
text: – cash deposits and derivative financial instruments
text: The credit risk relating to cash deposits and derivative financial instruments is actively managed by the Group’s treasury department. Relationships are maintained with a number of tier one institutional counterparties, ensuring compliance with Group policy relating to limits on the credit ratings of counterparties (between BBB+ and AAA).
text: Excessive credit risk concentration is avoided through adhering to authorised limits for all counterparties.

Questions:
question: What is the percentage of assets at risk in 2019?
answer: 95%
question: What is the sum of cash deposits and derivative financial instrument assets in 2018?
answer: 244.2
scale: million
question: Which model did the Group apply to assess credit risk of financial assets?
answer: expected credit loss model
question: How many counterparties have authorised limit above 125.0 million in 2019?
answer: 1
derivation: Counterparty #2
question: What is the percentage of counterparty #5 exposure in the total exposure in 2019?
answer: 10.38
derivation: 20.0/192.7
scale: percent
question: What is the percentage change in the sum of cash deposits and derivative financial instrument assets from 2018 to 2019?
answer: -16.67
derivation: (203.5-244.2)/244.2
scale: percent
COMMON STOCK PRICES
2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
High
$15.40
$17.81
$16.40
$11.59
Low
$10.49
$13.76
$ 9.92
$ 8.09

text: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
text: ADTRAN’s common stock is traded on the NASDAQ Global Select Market under the symbol ADTN. As of February 19, 2020, ADTRAN had 163 stockholders of record and approximately 6,972 beneficial owners of shares held in street name. The following table shows the high and low closing prices per share for our common stock as reported by NASDAQ for the periods indicated.

Questions:
question: What symbol is ADTRAN's common stock traded under on the NASDAQ Global Select Market?
answer: ADTN.
question: What was the high closing price for common stock price in the First Quarter of 2019?
answer: $15.40
question: What was the high closing price for common stock price in the Fourth Quarter of 2019?
answer: $11.59
question: What was the difference between the high and low closing prices per share for common stock in the second quarter of 2019?
answer: 4.05
derivation: $17.81-$13.76
question: What was the average low closing price for 2019?
answer: 10.57
derivation: ( $10.49 + $13.76 + $ 9.92 + $ 8.09 )/4
question: What was the percentage change in the high closing price between the third and fourth quarter in 2019?
answer: -29.33
derivation: ($11.59-$16.40)/$16.40
scale: percent
€ million
2017/18
2018/19
Cash flow from operating activities of continuing operations
766
796
Cash flow from operating activities of discontinued operations
139
157
Cash flow from operating activities
905
953
Cash flow from investing activities of continuing operations
−292
46
Cash flow from investing activities of discontinued operations
−89
−136
Cash flow from investing activities
−381
−90
Cash flow before financing activities of continuing operations
474
842
Cash flow before financing activities of discontinued operations
50
21
Cash flow before financing activities
524
863
Cash flow from financing activities of continuing operations
−587
−1,122
Cash flow from financing activities of discontinued operations
−74
−109
Cash flow from financing activities
−661
−1,231
Total cash flows
−137
−368
Currency effects on cash and cash equivalents
−30
17
Total change in cash and cash equivalents
−167
−351

text: CASH FLOW STATEMENT1
text: 1 Abridged version. The complete version is shown in the consolidated financial statements.

Questions:
question: What version is the cash flow statement in the table in?
answer: Abridged version
question: Where can the complete version of the cash flow statement be found?
answer: The complete version is shown in the consolidated financial statements.
question: What is the Cash flow from operating activities in FY2019?
answer: 953
scale: million
question: In which year was the Cash flow from operating activities larger?
answer: 2018/19
derivation: 953>905
question: What was the change in cash flow from operating activities in FY2019 from FY2018?
answer: 48
derivation: 953-905
scale: million
question: What was the percentage change in cash flow from operating activities in FY2019 from FY2018?
answer: 5.3
derivation: (953-905)/905
scale: percent