tokbokki/tatqa_dataset_filter huggingface dataset:
text: 2019 vs 2018
text: Net revenue in Connected Home segment decreased for the year ended December 31, 2019 compared to the prior year. Net revenue from service provider customers fell $27.8 million compared with the prior year. In addition, the North American home WiFi market contracted in fiscal 2019 affecting net revenue from non-service provider customers. The lower revenue was primarily due to declined net revenue of our home wireless, mobile and broadband modem and gateway products. Within home wireless, we experienced declines in net revenue from AC router products, WiFi mesh systems and extenders, partially offset by net revenue generated from the introduction of WiFi 6 routers. On a geographic basis, we experience net revenue declines across all three regions.
text: Contribution income decreased for the year ended December 31, 2019 compared to the prior year, primarily due to lower net revenue and lower gross margin attainment. Contribution margin decreased for the year ended December 31, 2019 compare to the prior year primarily due to higher product acquisition costs resulting from the burden of Section 301 tariffs and inefficiencies associated with commencing manufacturing in new locations, increased channel promotion activities and foreign exchange headwinds due to the strengthening of the U.S. dollar.
text: 2018 vs 2017
text: 2018 vs 2017 Connected Home segment net revenue increased for the year ended December 31, 2018 compared to the prior year. The increase in Connected Home net revenue was primarily due to home wireless and broadband modem and modem gateway products, partially offset by decreased net revenue from mobile products. The growth in home wireless was experienced across both service provider and non-service provider channels, while the increase in broadband and gateway related solely to non-service provider customers. In total, net revenue from service provider customers fell $33.5 million compared to the prior year period. Geographically, net revenue increased in Americas and EMEA, but decreased in APAC.
text: Contribution income increased for the year ended December 31, 2018 compared to the prior year, primarily due to higher net revenue and gross margin attainment, mainly due to favorable product mix and lower warranty expense, partially offset by higher operating expenses as a proportion of net revenue.

Table:
Year Ended December 31,
2019
% Change
2018
% Change
2017
(in thousands, except percentage data)
Net revenue
$711,391
(7.7)%
$771,060
0.4%
$768,261
Percentage of net revenue
71.2%
72.8%
73.9%
Contribution income
$67,775
(29.7)%
$96,340
14.9%
$83,870
Contribution margin
9.5%
12.5%
10.9%

Questions:
question: What was the percentage change in net revenue from 2017 to 2019?
answer: -7.4
derivation: (711,391 - 768,261)/768,261 
scale: percent
question: In which year is the percentage of net revenue the lowest?
answer: 2019
derivation: 71.2% < 72.8% < 73.9%
question: What was the change in contribution income from 2018 to 2019?
answer: -28565
derivation: $67,775 - $96,340 
scale: thousand
text: Operating Income and Operating Margin
text: Operating income for fiscal 2019 increased $406 million, or 7%, over fiscal 2018.
text: Operating income and operating margin for each of the operating groups were as follows:
text: Amounts in table may not total due to rounding.
text: (1) Effective September 1, 2018, we adopted FASB ASU No. 2017-07, Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. Certain components of pension service costs were reclassified from Operating expenses to Non-operating expenses. Prior period amounts have been revised to conform with the current period presentation.

Table:
Fiscal
2019
2018 (1)
Operating Income
Operating Margin
Operating Income
Operating Margin
Increase (Decrease)
(in millions of U.S. dollars)
Communications, Media & Technology
$1,555
18%
$1,380
17%
$175
Financial Services
1,238
15
1,365
16
(128)
Health & Public Service
739
10
766
11
(27)
Products
1,720
14
1,664
15
56
Resources
1,053
16
724
12
330
TOTAL
$6,305
14.6%
$5,899
14.4%
$406

Questions:
question: What is the operating margin for health and public service in 2019?
answer: 10
scale: percent
question: What is the company's operating income in 2019?
answer: $6,305
scale: million
question: What is the company's main source of operating income in 2019?
answer: Products
derivation: $1,720 is the highest operating income gained from any operating group in 2019
question: How much did total operating income gain from 2018 to 2019?
answer: 6.88
derivation: 406/5,899
scale: percent
question: What is the total operating margin from financial services and products in 2019?
answer: 29
derivation: 15% + 14% 
scale: percent
text: Reporting Channels and Whistleblower Protection
text: To ensure that our conduct meets relevant legal requirements and the highest ethical standards under the Ethics Code, TSMC provides multiple channels for reporting business conduct concerns.
text: First of all, our Audit Committee approved and we have implemented the “Complaint Policy and Procedures for Certain Accounting and Legal Matters” and “Procedures for Ombudsman System” that allow employees or any whistleblowers with relevant evidence to report any financial, legal, or ethical irregularities anonymously through either the Ombudsman or directly to the Audit Committee.
text: TSMC maintains additional internal reporting channels for our employees. To foster an open culture of ethics compliance, we encourage our employees and the third parties we do business with to report any suspected noncompliance with law or relevant TSMC policy.
text: TSMC treats any complaint and the investigation thereof in a confidential and sensitive manner, and strictly prohibits any form of retaliation against any individual who in good faith reports or helps with the investigation of any complaint. Due to the open reporting channels, TSMC receives reports on various issues from employees and external parties such as our customers and suppliers from time to time. Below is a summary of the Number of Reported Incidents.
text: Note 1: Among the 205 cases, 132 were related to employee relationship, 47 cases related to other matters (e.g. employee’s individual interest or private matters), and 26 cases related to ethical matters.
text: Note 2: One case involved an employee who requested a supplier to reserve a hotel and pay advance accommodation fees during his business trip, actions which violate TSMC policy, and the employee was disciplined. Another case involved an employee who abused his work relationship by requesting a supplier to make a personal loan to the employee, a severe violation of our Ethics Code, and the employee was terminated.
text: Note 3: After the investigation by TSMC’s Sexual Harassment Investigation Committee, four employees involved in confirmed cases of sexual harassment received severe discipline from the Company.

Table:
Year
FY 2016
FY 2017
FY 2018
FY 2019
Total reported cases
116
113
150
205 (Note 1)
Ethics-related cases
16
20
14
26
Cases investigated and verified as ethics violations
2
4
1
2 (Note 2)
Sexual Harassment Investigation Committees Formed
5
7
3
4
Cases investigated and verified as violations
5
3
3
4 (Note 3)

Questions:
question: What was the total reported cases in FY 16?
answer: 116
question: What is the change in Total reported cases from FY 2016 to FY 2017?
answer: -3
derivation: 113-116
question: What is the change in Ethics-related cases between FY 2016 and FY 2017?
answer: 4
derivation: 20-16
question: What is the change in Cases investigated and verified as ethics violations between FY 2016 and FY 2017?
answer: 2
derivation: 4-2
text: In the fourth quarter of 2019, we recognized other income, net of expenses, of $54 million, increasing from a negative $2 million in the prior quarter and from an income of $16 million in the year-ago quarter, reflecting higher R&D grants in Italy associated with the IPCEI program.
text: Other income and expenses, net

Table:
Three Months Ended
December 31, 2019
September 29,2019
December 31, 2018
(Unaudited, in millions)
Research and development funding
$68
$14
$19
Phase-out and start-up costs
(16)
(15)
(1)
Exchange gain (loss), net
1
(1)
—
Patent costs
(1)
(1)
(1)
Gain on sale of non-current assets
1
—
1
Other, net
1
1
(2)
Other income and expenses, net
$54
$(2)
$16
As percentage of net revenues
2.0%
(0.1)%
0.6%

Questions:
question: What is the average Research and development funding for the period December 31, 2019 and 2018?
answer: 43.5
derivation: (68+19) / 2
scale: million
question: What is the average Other income and expenses, net for the period December 31, 2019 and 2018?
answer: 35
derivation: (54+16) /2
scale: million
question: What is the increase/ (decrease) in Research and development funding from the period December 31, 2018 to 2019?
answer: 49
derivation: 68-19
scale: million
text: As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
text: As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
text: For the fourth quarter of 2019, the Group had free cash flow of RMB37,896 million. This was a result of net cash flow generated from operating activities of RMB50,604 million, offset by payments for capital expenditure of RMB12,708 million.

Table:
Audited
Unaudited
31 December
30 September
2019
2019
(RMB in millions)
Cash and cash equivalents
132,991
145,607
Term deposits and others
72,270
54,499
205,261
200,106
Borrowings
(126,952)
(112,148)
Notes payable
(93,861)
(95,131)
Net debt
(15,552)
(7,173)
Fair value of our stakes in listed investee companies (excluding subsidiaries)
419,818
352,656

Questions:
question: What is the difference between cash and cash equivalents of 30 September and 31 December 2019?
answer: 12616
derivation: 145,607-132,991
scale: million
question: What is the change in borrowings between 31 December 2019 and 30 September 2019?
answer: 14804
derivation: 126,952-112,148
scale: million
question: What is the change in notes payable between 31 December 2019 and 30 September 2019?
answer: 1270
derivation: 95,131-93,861
scale: million
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.

Table:
€ 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)

Questions:
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
text: This section provides a summary of the capital management activity of the Group during the period, including the Group’s borrowings. The Group manages its liquidity requirements with a range of short-term money market loans, bank loans, and flexible debt instruments with varying maturities.
text: The Group manages its capital structure with the objective of enhancing long-term shareholder value through funding its business at an optimised weighted average cost of capital.
text: The Group returns capital to shareholders when consistent with its long-term capital structure objectives and where it will enhance shareholder value. In May 2019, the Group returned $1.7 billion of capital to shareholders through an off-market share buy-back. This resulted in the purchase of 58.7 million shares which were subsequently cancelled. The share buy-back complements dividends of $1.4 billion paid to shareholders this reporting period through the 2018 final and special dividends, and the 2019 interim dividend, with a total of $3.1 billion returned to shareholders, excluding franking credits.
text: The Group remains committed to solid investment grade credit ratings and a number of actions can be undertaken to support the credit profile including the sale of non-core assets, further working capital initiatives, and adjusting growth capital expenditure and the property leasing profile. The Group’s credit ratings (1) are BBB (stable outlook) according to S&P and Baa2 (stable outlook) according to Moody’s.
text: In March 2019, the $500 million domestic Medium Term Notes matured. It was refinanced in April 2019 with $400 million of Medium Term Notes issued to meet the Group’s new Green Bond Framework (Green Bonds). The Green Bonds have been issued for a five-year tenor, maturing in April 2024.
text: In November 2019, $320 million of undrawn syndicated bank loan facilities are due to mature. The Group intends to refinance this facility at maturity.
text: (1) These credit ratings have been issued by a credit rating agency which holds an Australian Financial Services Licence with an authorisation to issue credit ratings to wholesale clients only and are for the benefit of the Group’s debt providers.

Table:
OPENING
NON‑CASH
NET CASH
CLOSING
BALANCE
MOVEMENTS
MOVEMENTS
BALANCE
2019
$M
$M
$M
$M
Current, unsecured
Short-term money market loans
16
2
21
39
Bank loans
88
5
142
235
Securities
500
–
(500)
–
Total current borrowings
604
7
(337)
274
Non‑current, unsecured
Bank loans
540
36
102
678
Securities
1,668
110
400
2,178
Unamortised borrowing costs
(9)
5
–
(4)
Finance leases
–
6
(3)
3
Total non‑current borrowings
2,199
157
499
2,855
Total
2,803
164
162
3,129

Questions:
question: What is the difference between the total opening balance and the total closing balance?
answer: 326
derivation: 3,129 - 2,803 
scale: million
question: What percentage constitution does total non-current borrowings hold in the total opening balance?
answer: 78.45
derivation: 2,199/2,803 
scale: percent
question: What percentage constitution does bank loans hold in total non-current borrowings in the closing balance?
answer: 23.75
derivation: 678/2,855 
scale: percent
text: Restricted Stock Units
text: The Company intends to settle all vested restricted stock unit payments held by United States-based participants in shares of the Company’s common stock and classifies these awards as equity awards in its Consolidated Balance Sheets. Awards held by participants who are based outside of the United States will be settled in cash and are classified within accrued and other current liabilities on the Consolidated Balance Sheets as of December 31, 2019 and 2018
text: The following table summarizes the activity related to the unvested restricted stock units during the years ended December 31, 2019 and 2018:
text: Unrecognized compensation expense related to unvested restricted stock units was $731 at December 31, 2019, which is expected to be recognized as expense over the weighted-average period of 0.7 years.
text: During the years ended December 31, 2019 and 2018, the Company issued 642,520 and 782,364 shares, respectively, of common stock to participants of the 2016 Plan based in the United States, after withholding approximately 261,335 and 472,965 shares, respectively, to satisfy tax withholding obligations. The Company made a cash payment of $181 and $1,495 to cover employee withholding taxes upon the settlement of these vested restricted stock units during the years ended December 31, 2019 and 2018, respectively. During the years ended December 31, 2019 and 2018, the Company also paid $0 and $300 to cash-settle 16 and 100,025 vested restricted stock units by agreement with the Chief Operating Officer in relation to certain grants made to him and to pay cash in lieu of fractional shares for vested units held by participants based in the United States.

Table:
Number of Units
Weighted-Average Grant-Date Fair Value
Unvested restricted stock units outstanding - December 31, 2017
3,106,024
$3.43
Granted
853,736
1.46
Vested
(1,583,399)
3.18
Forfeited
(563,400)
3.39
Unvested restricted stock units outstanding - December 31, 2018
1,812,961
$2.74
Granted
60,000
$0.98
Vested
(904,096)
$2.67
Forfeited
(263,450)
$2.71
Unvested restricted stock units outstanding - December 31, 2019
705,415
$2.68

Questions:
question: What are the respective number of units granted and vested in 2017?
answer: 853,736
1,583,399
question: What are the respective number of units granted and vested in 2018?
answer: 60,000
904,096
question: What are the respective number of units forfeited in 2017 and 2018?
answer: 563,400
263,450
question: What is the average number of units granted in 2017 and 2018?
answer: 456868
derivation: (853,736 + 60,000)/2 
question: What is the average number of units vested in 2017 and 2018?
answer: 1243747.5
derivation: (1,583,399 + 904,096)/2 
question: What is the average number of units forfeited in 2017 and 2018?
answer: 413425
derivation: (563,400 + 263,450)/2
text: A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions):
text: As of April 26, 2019, we had $296 million of gross unrecognized tax benefits, of which $252 million has been recorded in other long-term liabilities. Unrecognized tax benefits of $246 million, including penalties, interest and indirect benefits, would affect our provision for income taxes if recognized. As a result of U.S. tax reform, we recorded provisional gross unrecognized tax benefits of $114 million during fiscal 2018.
text: We recognized a benefit for adjustments to accrued interest and penalties related to unrecognized tax benefits in the income tax provision of approximately $4 million in fiscal 2019 and expense of $5 million in each of fiscal 2018 and 2017. Accrued interest and penalties of $18 million and $22 million were recorded in the consolidated balance sheets as of April 26, 2019 and April 27, 2018, respectively.

Table:
Year Ended
April 26, 2019
April 27, 2018
April 28, 2017
Balance at beginning of period
$ 348
$ 218
$ 216
Additions based on tax positions related to the current year
11
131
7
Additions for tax positions of prior years
26
—
7
Decreases for tax positions of prior years
(35 )
(1 )
—
Settlements
(54 )
—
(12 )
Balance at end of period
$ 296
$ 348
$ 218

Questions:
text: Accumulated Other Comprehensive Loss-Recognition and Deferrals
text: The following table presents cumulative items not recognized as a component of net periodic benefits expense as of December 31, 2018, items recognized as a component of net periodic benefits expense in 2019, additional items deferred during 2019 and cumulative items not recognized as a component of net periodic benefits expense as of December 31, 2019. The items not recognized as a component of net periodic benefits expense have been recorded on our consolidated balance sheets in accumulated other comprehensive loss:

Table:
As of and for the Years Ended December 31,
2018
Recognition of Net Periodic Benefits Expense
Deferrals
Net Change in AOCL
2019
(Dollars in millions)
Accumulated other comprehensive loss:
Pension plans:
Net actuarial (loss) gain
$(2,973)
224
(297)
(73)
(3,046)
Prior service benefit (cost)
46
(8)
9
1
47
Deferred income tax benefit (expense)
754
(53)
69
16
770
Total pension plans
(2,173)
163
(219)
(56)
(2,229)
Post-retirement benefit plans:
Net actuarial (loss) gain
7
—
(182)
(182)
(175)
Prior service (cost) benefit
(87)
16
—
16
(71)
Deferred income tax benefit (expense)
22
(4)
44
40
62
Total post-retirement benefit plans
(58)
12
(138)
(126)
(184)
Total accumulated other comprehensive loss
$(2,231)
175
(357)
(182)
(2,413)

Questions:
question: What is the Net actuarial (loss) gain for 2019?
answer: (3,046)
scale: million
question: Which year has a larger prior service benefit (cost) under pension plans?
answer: 2019
derivation: 46<47
question: What is the change in the deferred income tax benefit (expense) for pension plans in 2019 from 2018?
answer: 16
derivation: 770-754
scale: million
question: What is the percentage change in the deferred income tax benefit (expense) for pension plans in 2019 from 2018?
answer: 2.12
derivation: (770-754)/754
scale: percent
text: CREDIT RISK
text: We are exposed to credit risk from operating activities and certain financing activities, the maximum exposure of which is represented by the carrying amounts reported in the statements of financial position.
text: We are exposed to credit risk if counterparties to our trade receivables and derivative instruments are unable to meet their obligations. The concentration of credit risk from our customers is minimized because we have a large and diverse customer base. There was minimal credit risk relating to derivative instruments at December 31, 2019 and 2018. We deal with institutions that have investment-grade credit ratings, and as such we expect that they will be able to meet their obligations. We regularly monitor our credit risk and credit exposure.
text: The following table provides the change in allowance for doubtful accounts for trade receivables.

Table:
NOTE
2019
2018
Balance, January 1
(51)
(54)
Adoption of IFRS 9
–
(4)
Additions
(114)
(84)
Usage
103
91
Balance, December 31
10
(62)
(51)

Questions:
question: Which year was the amount for Usage larger?
answer: 2019
derivation: 103>91
question: What is the change in the amount for Usage in 2019?
answer: 12
derivation: 103-91
question: What is the average amount of Usage in 2018 and 2019?
answer: 97
derivation: (103+91)/2