next-tat/TAT-QA huggingface dataset:
Fiscal 2019
Fiscal 2018
Audit Fees (1)
$3,631,575
$3,784,488
Audit-Related Fees (2)
0
359,000
Tax Fees (3)
169,776
61,592
All Other Fees (4)
4,500
3,600
Total
$3,805,851
$4,208,680

text: Audit and Non-Audit Fees
text: The following table presents fees billed for professional audit services rendered by PricewaterhouseCoopers LLP for the audit of the Company’s annual financial statements for the years ended June 29, 2019 and June 30, 2018 respectively, and fees billed for other services rendered by PricewaterhouseCoopers LLP and during those periods.
text: (1) Audit Fees are related to professional services rendered in connection with the audit of the Company’s annual financial statements, the audit of internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act of 2002, reviews of financial statements included in the Company’s Quarterly Reports on Form 10-Q, and audit services provided in connection with other statutory and regulatory filings. Audit Fees in fiscal 2019 include fees for services performed by PricewaterhouseCoopers LLP in connection with the acquisitions of RPC Photonics, Inc. (“RPC”) and 3Z Telecom, Inc. (“3Z”). Audit Fees in fiscal 2018 include fees for the acquisitions of the AvComm and Wireless businesses of Cobham plc (“AW”) and Trilithic Inc. (“Trilithic”).
text: (2) Audit-Related Fees are related to due diligence services for our acquisition activities incurred in fiscal 2018.
text: (3) Tax Fees for fiscal 2019 and 2018 include professional services rendered in connection with transfer pricing consulting, tax audits, planning services and other tax consulting.
text: (4) All Other Fees are related to certain software subscription fees.
text: For fiscal year 2019, the Audit Committee considered whether audit-related services and services other than audit-related services provided by PricewaterhouseCoopers LLP are compatible with maintaining the independence of PricewaterhouseCoopers LLP and concluded that the independence of PricewaterhouseCoopers LLP was maintained.

Questions:
question: How much were Audit fees in 2019?
answer: $3,631,575
question: How much were Tax Fees in 2019?
answer: 169,776
question: What is the change in Audit Fees as a percentage between 2018 and 2019?
answer: -4.04
derivation: (3,631,575-3,784,488)/3,784,488
scale: percent
question: What is the change in All Other Fees as a percentage between 2018 and 2019?
answer: 25
derivation: (4,500-3,600)/3,600
scale: percent
question: What is the total of Tax Fees and All Other Fees in 2019?
answer: 174276
derivation: 169,776+4,500
question: What are Audit-Related fees related to?
answer: Audit-Related Fees are related to due diligence services for our acquisition activities incurred in fiscal 2018.
Year Ended December 31,
(in thousands of $)
2019
2018
Base tolling fee (1)
204,501
119,677
Amortization of deferred commissioning period revenue (2)
4,220
2,467
Amortization of Day 1 gain (3)
9,950
5,817
Other
(575)
(336)
Total
218,096
127,625

text: b) Liquefaction services revenue:
text: The Hilli is moored in close proximity to the Customer’s gasfields, providing liquefaction service capacity over the term of the LTA. Liquefaction services revenue recognized comprises the following amounts:
text: (1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in "Liquefaction services revenue" in the consolidated statements of income), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in "Realized and unrealized gain on oil derivative instrument" in the consolidated statements of income, excluded from revenue and from the transaction price).
text: (2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed were deferred (included in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets) and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
text: (3) The Day 1 gain was established when the oil derivative instrument was initially recognized in December 2017 for $79.6 million (recognized in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets). This amount is amortized and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
text: We expect to recognize liquefaction services revenue related to the partially unsatisfied performance obligation at the reporting date evenly over the remaining contract term of less than eight years, including the components of transaction price described above.

Questions:
question: How much was the customer billing during the commissioning period?
answer: $33.8 million
question: In which years as the liquefaction services revenue recorded for?
answer: 2019
2018
question: What was the amortization of deferred commissioning period revenue in 2018?
answer: 2,467
scale: thousand
question: In which year was the amortization of Day 1 gain lower?
answer: 2018
derivation: 5,817 < 9,950
question: What was the change in base tolling fee between 2018 and 2019?
answer: 84824
derivation: 204,501 - 119,677 
scale: thousand
question: What was the percentage change in the total liquefaction services revenue between 2018 and 2019?
answer: 70.89
derivation: (218,096 - 127,625)/127,625 
scale: percent
Years ended August 31,
2019 (1)
2018 (2)
Change
Change in constant currency (3)
Foreign exchange impact (3)
(in thousands of dollars, except percentages)
$
$
%
%
$
Revenue
2,331,820
2,147,404
8.6
6.8
37,433
Operating Expenses
1,203,980
1,121,625
7.3
5.4
21,636
Management fees – Cogeco Inc.
19,900
18,961
5.0
5.0
-
Adjusted EBITDA
1,107,940
1,006,818
10.0
8.5
15,797
Adjusted EBITDA margin
47.5%
46.9%

text: 3.1 OPERATING RESULTS
text: (1) Fiscal 2019 average foreign exchange rate used for translation was 1.3255 USD/CDN.
text: (2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued
operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
text: (3) Fiscal 2019 actuals are translated at the average foreign exchange rate of fiscal 2018 which was 1.2773 USD/CDN.

Questions:
question: What was the 2019 exchange rate?
answer: 1.3255 USD/CDN.
question: What was the adjusted EBITDA margin in 2019?
answer: 47.5%
question: What was the exchange rate in 2018?
answer: 1.2773 USD/CDN.
question: What is the increase / (decrease) in revenue from 2018 to 2019?
answer: 184416
derivation: 2,331,820 - 2,147,404
scale: thousand
question: What was the average operating expenses between 2018 and 2019?
answer: 1162802.5
derivation: (1,203,980 + 1,121,625) / 2
scale: thousand
question: What was the increase / (decrease) in the Adjusted EBITDA from 2018 to 2019?
answer: 101122
derivation: 1,107,940 - 1,006,818
scale: thousand
2019
2018
TOTAL
PER SHARE
TOTAL
PER SHARE
Net earnings attributable to common shareholders
3,040
3.37
2,785
3.10
Severance, acquisition and other costs
83
0.10
100
0.11
Net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans
(101)
(0.11)
58
0.07
Net (gains) losses on investments
44
0.05
47
0.05
Early debt redemption costs
13
0.01
15
0.02
Impairment charges
74
0.08
146
0.16
Adjusted net earnings
3,153
3.50
3,151
3.51

text: ADJUSTED NET EARNINGS AND ADJUSTED EPS
text: The terms adjusted net earnings and adjusted EPS do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other issuers.
text: We define adjusted net earnings as net earnings attributable to common shareholders before severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net losses (gains) on investments, early debt redemption costs and impairment charges, net of tax and NCI. We define adjusted EPS as adjusted net earnings per BCE common share.
text: We use adjusted net earnings and adjusted EPS, and we believe that certain investors and analysts use these measures, among other ones, to assess the performance of our businesses without the effects of severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net losses (gains) on investments, early debt redemption costs and impairment charges, net of tax and NCI. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring
text: The most comparable IFRS financial measures are net earnings attributable to common shareholders and EPS.
text: The following table is a reconciliation of net earnings attributable to common shareholders and EPS to adjusted net earnings on a consolidated basis and per BCE common share (adjusted EPS), respectively.

Questions:
question: How is adjusted net earnings defined?
answer: net earnings attributable to common shareholders before severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net losses (gains) on investments, early debt redemption costs and impairment charges, net of tax and NCI
question: How is adjusted EPS defined?
answer: adjusted net earnings per BCE common share
question: What is the Net earnings attributable to common shareholders in total for 2019?
answer: 3,040
question: What is the change in net earnings attributable to common shareholders per share in 2019?
answer: 0.27
derivation: 3.37-3.10
question: What is net earnings attributable to common shareholders as a ratio of the adjusted net earnings in 2018?
answer: 88.38
derivation: 2,785/3,151
scale: percent
question: What is the total early debt redemption costs in 2018 and 2019?
answer: 28
derivation: 13+15
Year Ended March 31,
2019
2018
2017
Cost of sales (1)
$14.9
$13.8
$18.7
Research and development
72.0
42.5
46.8
Selling, general and administrative
62.3
36.9
62.6
Special (income) charges and other, net
17.2
—
—
Pre-tax effect of share-based compensation
166.4
93.2
128.1
Income tax benefit
35.5
28.3
44.2
Net income effect of share-based compensation
$130.9
$64.9
$83.9

text: Note 16. Share-Based Compensation
text: Share-Based Compensation Expense
text: The following table presents the details of the Company's share-based compensation expense (in millions):
text: (1) During the year ended March 31, 2019, $17.2 million of share-based compensation expense was capitalized to inventory, and $14.9 million of previously capitalized share-based compensation expense in inventory was sold. During the year ended March 31, 2018, $11.9 million of share-based compensation expense was capitalized to inventory and $13.8 million of previously capitalized share-based compensation expense in inventory that was sold. During the year ended March 31, 2017, $11.3 million of share-based compensation expense was capitalized to inventory. The amount of sharebased compensation included in cost of sales during fiscal 2017 included $14.5 million of previously capitalized sharebased compensation expense in inventory was sold and $4.2 million of share-based compensation expense related to the Company's acquisition of Atmel that was not previously capitalized into inventory.
text: The amount of unearned share-based compensation currently estimated to be expensed in the remainder of fiscal 2020 through fiscal 2024 related to unvested share-based payment awards at March 31, 2019 is $253.4 million. The weighted average period over which the unearned share-based compensation is expected to be recognized is approximately 1.88 years.

Questions:
question: Which years does the table provide information for the details of the Company's share-based compensation expense?
answer: 2019
2018
2017
question: What was the weighted average period over which the unearned share-based compensation is expected to be recognized?
answer: approximately 1.88 years
question: What was the cost of sales in 2017?
answer: 18.7
scale: million
question: What was the change in the cost of sales between 2017 and 2018?
answer: -4.9
derivation: 13.8-18.7
scale: million
question: How many years did research and development expenses exceed $50 million?
answer: 1
derivation: 2019
question: What was the percentage change in the Income tax benefit between 2018 and 2019?
answer: 25.44
derivation: (35.5-28.3)/28.3
scale: percent
Three months ended August 31,
2019
2018
Change
Change in constant currency(2)
(in thousands of dollars, except percentages)
$
$
%
%
Canadian broadband services
79,132
89,405
(11.5)
(11.7)
Capital intensity
24.7%
28.0%
American broadband services
65,967
72,914
(9.5)
(10.5)
Capital intensity
25.0%
29.6%
Consolidated
145,099
162,319
(10.6)
(11.2)
Capital intensity
24.9%
28.7%

text: ACQUISITIONS OF PROPERTY, PLANT AND EQUIPMENT
text: The acquisitions of property, plant and equipment as well as the capital intensity per operating segment are as follows:
text: (1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy. For further details, please consult the "Accounting policies" section. (2) Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1.3100 USD/CDN.
text: Fiscal 2019 fourth-quarter acquisitions of property, plant and equipment decreased by 10.6% (11.2% in constant currency) mainly due to lower capital expenditures in the Canadian and American broadband services segments. Fiscal 2019 fourth-quarter capital intensity reached 24.9% compared to 28.7% for the same period of the prior year mainly as a result of lower capital capital expenditures combined with higher revenue.

Questions:
question: What is the rate at which Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018?
answer: 1.3100 USD/CDN
question: Why did the Fiscal 2019 fourth-quarter acquisitions of property, plant and equipment decreased?
answer: lower capital expenditures in the Canadian and American broadband services segments.
question: What led to Fiscal 2019 fourth-quarter capital intensity reach 24.9%?
answer: lower capital capital expenditures combined with higher revenue.
question: What is the increase/ (decrease) Canadian broadband services from 2018 to 2019?
answer: -10273
derivation: 79,132-89,405
scale: thousand
question: What is the increase/ (decrease) American broadband services from 2018 to 2019?
answer: -6947
derivation: 65,967-72,914
scale: thousand
question: What is the increase/ (decrease) Consolidated from 2018 to 2019?
answer: -17220
derivation: 145,099-162,319
scale: thousand
Fiscal year
(in millions of €)
2019
2018
Earnings before taxes (EBT)
632
633
ROE (after taxes)
19.1 %
19.7 %
Sep 30,
(in millions of €)
2019
2018
Total assets
29,901
27,628

text: A.3.8 Financial Services
text: Financial Services supports its customers’ investments with leasing solutions and equipment, project and structured financing in the form of debt and equity investments. Based on its comprehensive financing know-how and specialist technology expertise in
the areas of Siemens businesses, Financial Services provides financial
solutions for Siemens customers as well as other companies.
text: Financial Services again delivered strong earnings before taxes. While the equity business recorded higher results, the result from the debt business declined, amongst others due to higher credit hits. Total assets increased along with a growth in debt business and in part due to positive currency translation effects.
text: Financial Services is geared to Siemens’ industrial businesses and its markets. As such Financial Services is influenced by the business development of the markets served by our industrial businesses, among other factors. Financial Services will continue to focus its business scope on areas of intense domain know-how.

Questions:
question: What caused the Total assets to increase?
answer: Total assets increased along with a growth in debt business and in part due to positive currency translation effects.
question: How did the equity and debt businesses reacted to the credit hits?
answer: While the equity business recorded higher results, the result from the debt business declined, amongst others due to higher credit hits. Total assets increased along with a growth in debt business and in part due to positive currency translation effects.
question: What is the scope of Financial services business?
answer: Financial Services will continue to focus its business scope on areas of intense domain know-how.
question: What is the increase / (decrease) in the Earnings before taxes from 2018 to 2019?
answer: -1
derivation: 632 - 633
scale: million
question: What is the average total assets in 2018 and 2019?
answer: 28764.5
derivation: (29,901 + 27,628) / 2
scale: million
question: What is the increase / (decrease) in the ROE(after taxes) from 2018 to 2019?
answer: -0.6
derivation: 19.1% - 19.7%
scale: percent
2019
2018
$ CHANGE
% CHANGE
Bell Wireless
3,842
3,521
321
9.1%
Bell Wireline
5,414
5,321
93
1.7%
Bell Media
850
693
157
22.7%
Total BCE adjusted EBITDA
10,106
9,535
571
6.0%

text: 4.6 Adjusted EBITDA
text: BCE
text: BCE’s adjusted EBITDA grew by 6.0% in 2019, compared to 2018, attributable to growth from all three of our segments. Higher revenues coupled with reduced operating expenses drove the year-over-year growth in adjusted EBITDA. This corresponded to an adjusted EBITDA margin of 42.2% in 2019, up 1.6 pts over last year, mainly driven by the favourable impact from the adoption of IFRS 16 in 2019, and greater service revenue flow-through, moderated by greater low-margin product sales in our total revenue base.

Questions:
question: How much did BCE's adjusted EBITDA grow by in 2019?
answer: 6.0%
question: What was the $ CHANGE in Bell Media?
answer: 157
question: What is the adjusted EBITDA margin in 2019?
answer: 42.2%
question: What is the total Adjusted EBITDA for Bell Wireless in 2018 and 2019?
answer: 7363
derivation: 3,842+3,521
question: What is the percentage of Bell Wireline of the total BCE adjusted EBITDA in 2019?
answer: 53.57
derivation: 5,414/10,106
scale: percent
question: What is the difference in the Adjusted EBITDA for Bell Wireless and Bell Wireline in 2018?
answer: 1800
derivation: 5,321-3,521
April 26, 2019
Fair Value Measurements at Reporting Date Using
Total
Level 1
Level 2
Cash
$ 2,216
$  2,216
$  —
Corporate bonds
1,353
—
1,353
U.S. Treasury and government debt securities
213
131
82
Certificates of deposit
117
—
117
Total cash, cash equivalents and short-term investments
$ 3,899
$ 2,347
$ 1,552
Other items:
Mutual funds (1)
$ 6
$  6
$  —
Mutual funds (2)
$ 29
$  29
$  —
Foreign currency exchange contracts assets (1)
$ 4
$  —
$ 4
Foreign currency exchange contracts liabilities (3)
(1 )
$  —
(1 )

text: Fair Value of Financial Instruments
text: The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis (in millions):
text: (1) Reported as other current assets in the consolidated balance sheets
text: (2) Reported as other non-current assets in the consolidated balance sheets
text: (3) Reported as accrued expenses in the consolidated balance sheets

Questions:
question: What does the table show?
answer: summarizes our financial assets and liabilities measured at fair value on a recurring basis
question: What was the fair value measurements using Level 2 for Corporate Bonds?
answer: 1,353
scale: million
question: What were the total cash, cash equivalents and short-term investments?
answer: 3,899
scale: million
question: What was the difference in the fair value for U.S. Treasury and government debt securities between Level 1 and Level 2?
answer: 49
derivation: 131-82
scale: million
question: What was the fair value of Level 2 Total cash, cash equivalents and short-term investments as a percentage of the total cash, cash equivalents and short-term investments?
answer: 39.81
derivation: 1,552/3,899
scale: percent
question: What was the difference between the Total cash, cash equivalents and short-term investments for Level 1 and Level 2?
answer: 795
derivation: 2,347-1,552
scale: million
Reported change
Other activity (including M&A)
Foreign exchange
Organic* change
%
pps
pps
%
Revenue – Europe
(1.9)
4.1
0.8
3.0
Service revenue
Germany
2.6
–
–
2.6
Italy
1.0
0.2
–
1.2
UK
(8.1)
0.1
4.5
(3.5)
Spain
1.8
0.3
–
2.1
Other Europe
(19.6)
22.9
(0.4)
2.9
Europe
(3.9)
4.0
0.8
0.9
Adjusted EBITDA
Germany
10.9
(0.1)
(0.1)
10.7
Italy
4.5
0.1
–
4.6
UK
45.4
(1.2)
7. 6
51.8
Spain
4.4
0.6
–
5.0
Other Europe
(18.8)
26.8
(0.3)
7.7
Europe
7.3
5.1
0.6
13.0
Europe adjusted operating profit
53.2
34.8
(1.7)
86.3

text: European revenue decreased by 1.9%. Foreign exchange movements contributed a 0.8 percentage point negative impact and the deconsolidation of Vodafone Netherlands contributed a 4.1 percentage point negative impact, offset by 3.0% organic growth. Service revenue increased by 0.9%* or 0.6%* excluding a legal settlement in Germany in Q4, driven by strong fixed customer growth and the benefit of the Group’s “more-for-more” mobile propositions in several markets, which offset increased regulatory headwinds following the implementation of the EU’s “Roam Like At Home” policy in June and the impact of the introduction of handset financing in the UK. Excluding regulation and UK handset financing, as well as a legal settlement in Germany in Q4, service revenue growth was 2.0%* (Q3: 1.9%*, Q4: 1.7%*).
text: Adjusted EBITDA increased 7.3%, including a 5.1 percentage point negative impact from the deconsolidation of Vodafone Netherlands and a 0.6 percentage point negative impact from foreign exchange movements. On an organic basis, adjusted EBITDA increased 13.0%*, supported by the benefit of the introduction of handset financing in the UK, regulatory settlements in the UK and a legal settlement in Germany. Excluding these items, as well as the net impact of roaming, adjusted EBITDA grew by 7.9*, reflecting operating leverage and tight cost control through our “Fit for Growth” programme.
text: Adjusted EBIT increased by 86.3%*, reflecting strong adjusted EBITDA growth and stable depreciation and amortisation expenses.

Questions:
question: Which countries does the Adjusted EBITDA comprise of?
answer: Germany
Italy
UK
Spain
Other Europe
Europe
question: What countries does the Service Revenue include?
answer: Germany
Italy
UK
Spain
Other Europe
Europe
question: What is the reported change in revenue - europe?
answer: (1.9)
scale: percent
question: Between Germany and Italy, which one has a higher organic change?
answer: Germany
derivation: 2.6% > 1.2%
question: How many percent of organic change in Europe adjusted operating profit is the organic change in Italy EBITDA?
answer: 5.33
derivation: 4.6/86.3
scale: percent
question: Between Germany and Italy, which has higher reported change in adjusted EBITDA?
answer: Germany
derivation: 10.9>4.5