trismik/FinRAG huggingface dataset:
12 .
brokerage receivables and brokerage payables the company has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business .
citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices .
credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question .
citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines .
margin levels are monitored daily , and customers deposit additional collateral as required .
where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level .
exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi .
credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive .
brokerage receivables and brokerage payables consisted of the following: .

December 31,
In millions of dollars
2018
2017
Receivables from customers
$14,415
$19,215
Receivables from brokers, dealers and clearing organizations
21,035
19,169
Total brokerage receivables<sup>(1)</sup>
$35,450
$38,384
Payables to customers
$40,273
$38,741
Payables to brokers, dealers and clearing organizations
24,298
22,601
Total brokerage payables<sup>(1)</sup>
$64,571
$61,342

total brokerage payables ( 1 ) $ 64571 $ 61342 ( 1 ) includes brokerage receivables and payables recorded by citi broker-dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .

Question: Analyse this data from a financial earnings document. what percentage of total brokerage payables at december 31 , 2018 where receivables from customers?
Choices:
0.22324
0.00024
0.6378
0.37209
1
Correct choice index: 0
2019 Compared to 2018
Net Sales. Net sales increased 9%, or $651 million, in 2019 compared to 2018. Net sales of products (hardware and software) increased 8% and net sales of services increased 20% in 2019 compared to 2018. Our net sales by operating segment for 2019 and 2018 were as follows (dollars in thousands):

2019
2018
%Change
NorthAmerica
$6,024,305
$5,362,981
12%
EMEA
1,526,644
1,530,241
—
APAC
180,241
186,914
(4%)
Consolidated
$7,731,190
$7,080,136
9%


Question: Analyse this data from a financial earnings document. What is the change in Net Sales of EMEA between 2018 and 2019?
Choices:
-1530241
-5504276877
4494064
3597
-3597
Correct choice index: 4
Note 7 – Equipment, Leasehold Improvements and Software
Equipment, leasehold improvements and software as of December 27, 2019 and December 28, 2018 consisted of the following:
Construction-in-process at December 27, 2019 related primarily to the implementation of the Company’s Enterprise Resource Planning (“ERP”) system and at December 28, 2018 related primarily to the implementation of the Company’s ERP system and the buildout of the Company’s headquarters in Ridgefield, CT. The buildout of the Company’s headquarters was completed during fiscal 2019. The rollout of its ERP system will continue through fiscal 2020. The net book value of equipment financed under finance leases at December 27, 2019 and December 28, 2018 was $3,905 and $388, respectively. No interest expense was capitalized during the fiscal years ended December 27, 2019, December 28, 2018 and December 29, 2017.

Useful Lives
December 27, 2019 
December 28, 2018
Land
Indefinite
$1,170
$1,170
Buildings
20 years
1,360
1,292
Machinery and equipment
5-10 years
21,718
17,837
Computers, data processing and other equipment
3-7 years
12,686
11,244
Software
3-7 years
29,305
22,779
Leasehold improvements
1-40 years
70,903
60,565
Furniture and fixtures
7 years
3,309
3,268
Vehicles
5-7 years
6,410
2,769
Other
7 years
95
95
Construction-in-process   
9,200
15,757
156,156
136,776
Less: accumulated depreciation and amortization   
(63,310)
(51,500)
Equipment, leasehold improvements and software, net
$92,846
$85,276


Question: Analyse this data from a financial earnings document. What is the average value of vehicles for 2018 and 2019?
Choices:
2294.8
2769
-4589.5
4589.5
6.7
Correct choice index: 3
.

Currency
2012
2011
2010
Real
$40.4
$42.4
$32.5
Euro
27.1
26.4
18.6
Pound Sterling
18.5
17.6
9.0
Indian Rupee
4.3
3.6
2.6
Total impact
$90.3
$90.0
$62.7

the impact on earnings of the foregoing assumed 10% ( 10 % ) change in each of the periods presented would not have been significant .
revenue included $ 100.8 million and operating income included $ 9.0 million of unfavorable foreign currency impact during 2012 resulting from a stronger u.s .
dollar during 2012 compared to 2011 .
our foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations .
our international operations' revenues and expenses are generally denominated in local currency , which limits the economic exposure to foreign exchange risk in those jurisdictions .
we do not enter into foreign currency derivative instruments for trading purposes .
we have entered into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans .
as of december 31 , 2012 , the notional amount of these derivatives was approximately $ 115.6 million and the fair value was nominal .
these derivatives are intended to hedge the foreign exchange risks related to intercompany loans , but have not been designated as hedges for accounting purposes. .

Question: Analyse this data from a financial earnings document. what is the unfavorable impact in the operating expense in 2012 resulting from a stronger u.s . dollar?
Choices:
0.9
109.8
74.4
98.2
91.8
Correct choice index: 4
included in the corporate and consumer loan tables above are purchased distressed loans , which are loans that have evidenced significant credit deterioration subsequent to origination but prior to acquisition by citigroup .
in accordance with sop 03-3 , the difference between the total expected cash flows for these loans and the initial recorded investments is recognized in income over the life of the loans using a level yield .
accordingly , these loans have been excluded from the impaired loan information presented above .
in addition , per sop 03-3 , subsequent decreases to the expected cash flows for a purchased distressed loan require a build of an allowance so the loan retains its level yield .
however , increases in the expected cash flows are first recognized as a reduction of any previously established allowance and then recognized as income prospectively over the remaining life of the loan by increasing the loan 2019s level yield .
where the expected cash flows cannot be reliably estimated , the purchased distressed loan is accounted for under the cost recovery method .
the carrying amount of the company 2019s purchased distressed loan portfolio at december 31 , 2010 was $ 392 million , net of an allowance of $ 77 million as of december 31 , 2010 .
the changes in the accretable yield , related allowance and carrying amount net of accretable yield for 2010 are as follows : in millions of dollars accretable carrying amount of loan receivable allowance .

In millions of dollars
Accretable yield
Carrying amount of loan receivable
Allowance
Beginning balance
$27
$920
$95
Purchases(1)
1
130
—
Disposals/payments received
(11)
(594)
—
Accretion
(44)
44
—
Builds (reductions) to the allowance
128
—
(18)
Increase to expected cash flows
(2)
19
—
FX/other
17
(50)
—
Balance at December 31, 2010(2)
$116
$469
$77

( 1 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 130 million of purchased loans accounted for under the level-yield method and $ 0 under the cost-recovery method .
these balances represent the fair value of these loans at their acquisition date .
the related total expected cash flows for the level-yield loans were $ 131 million at their acquisition dates .
( 2 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 315 million of loans accounted for under the level-yield method and $ 154 million accounted for under the cost-recovery method. .

Question: Analyse this data from a financial earnings document. what is the gross carrying amount in millions of the company's purchased distressed loan portfolio at december 31 , 2010?
Choices:
78
469.0
392
395
487
Correct choice index: 1
Property and Equipment
Property and equipment are stated at cost and are depreciated or amortized using the straight-line method. Cost, accumulated depreciation and amortization, and estimated useful lives are as follows (dollars in thousands):

Fiscal year-end
2019
2018
Useful Life
Land
$19,490
$17,655
Buildings and improvements
173,333
165,535
5 - 40 years
Equipment, furniture and fixtures
389,225
359,721
3 - 10 years
Leasehold improvements
94,878
89,399
shorter of asset life or lease term
676,926
632,310
Accumulated depreciation and amortization
(353,492)
(320,517)
Property and equipment, net
$323,434
$311,793


Question: Analyse this data from a financial earnings document. What was the change in Leasehold improvements from 2018 to 2019?
Choices:
0
-89359
5479
-5479
184277
Correct choice index: 2
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.

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: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Voyage expenses from, 2019 to 2018?
Choices:
0
-358956
-20988
-381307
20988
Correct choice index: 4
18. Commitments
The Group leases various offices in locations such as Amsterdam, the Netherlands; the San Francisco Bay Area, California, New York, New York, Austin, Texas, and Boston, Massachusetts, United States; Sydney, Australia; Manila, the Philippines; Bengaluru, India; Yokohama, Japan; and Ankara, Turkey under non-cancellable operating leases expiring within one to nine years. The leases have varying terms, escalation clauses and renewal rights. On renewal, the terms of the leases are renegotiated. The Group incurred rent expense on its operating leases of $38.6 million, $23.6 million, and $12.2 million during the fiscal years ended 2019, 2018 and 2017, respectively.
Additionally, the Group has a contractual commitment for services with third-parties related to its cloud services platform and data centers. These commitments are non-cancellable and expire within two to four years.
Commitments for minimum lease payments in relation to non-cancellable operating leases and purchase obligations as of June 30, 2019 were as follows:

Operating Leases
Other Contractual Commitments
Total
(U.S. $ in thousands)
Fiscal Period:
Year ending 2020
$38,790
$108,978
$147,768
Years ending 2021 - 2024
148,021
219,342
367,363
Thereafter
144,037
—
144,037
Total commitments
$330,848
$328,320
659,168


Question: Analyse this data from a financial earnings document. What is the difference in the total commitments between that of operating leases and other contractual commitments?
Choices:
1
3
330818
0
2528
Correct choice index: 4
NOTE 15 – INCOME TAXES
As of December 31, 2019, the Company had net operating loss carry-forwards for federal income tax purposes of approximately $18.3 million, consisting of pre-2018 losses in the amount of approximately $14.3 million that expire from 2020 through 2037, and post-2017 losses in the amount of approximately $4 million that never expire. These net operating losses are available to offset future taxable income. The Company was formed in 2006 as a limited liability company and changed to a corporation in 2007. Activity prior to incorporation is not reflected in the Company’s corporate tax returns. In the future, the cumulative net operating loss carry-forward for income tax purposes may differ from the cumulative financial statement loss due to timing differences between book and tax reporting.
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:

2019
2018
Federal income tax benefit (expense) attributable to:        
Current operations 
$848,000
$(48,000)
Acquisition costs  
(143,000)
-
Change in fair value of contingent consideration  
(133,000)
-
Other permanent items  
29,000
(36,000)
Deferred Adjustment  
(913,000)
-
Valuation allowance  
1,209,960
84,000
Net provision for federal income tax 
$897,960
$-


Question: Analyse this data from a financial earnings document. What is the ratio of total federal income tax benefit to total expenses in 2019?
Choices:
1.76
1.8
1.49
276000
-0.28
Correct choice index: 0
Key Operating Metrics and Non-GAAP Financial Measures
We collect and analyze operating and financial data to evaluate the health of our business, allocate our

resources, and assess our performance. In addition to revenue, net loss, and other results under  generally accepted accounting principles (GAAP), the following table sets forth key operating metrics and non-GAAP financial measures we use to evaluate our business. We believe these metrics and measures are useful to facilitate period-to-period comparisons of our business, and to facilitate comparisons of our performance to that of other payment processors. Each of these metrics and measures excludes the effect of our processing agreement with Starbucks which transitioned to another payments solutions provider in the fourth quarter of 2016. As we do not expect transactions with Starbucks to recur, we believe it is useful to exclude Starbucks activity to clearly show the impact Starbucks has had on our financial results historically. Our agreements with other sellers generally provide both those sellers and us the unilateral right to terminate such agreements at any time, without fine or

penalty.
Gross Payment Volume (GPV)
We define GPV as the total dollar amount of all card payments processed by sellers using Square, net of refunds. Additionally, GPV includes Cash App activity related to peer-to-peer payments sent from a credit card and Cash for Business. As described above, GPV excludes card payments processed for Starbucks
Adjusted Revenue
Adjusted Revenue is a non-GAAP financial measure that we define as our total net revenue less transaction-based costs and bitcoin costs, and we add back the impact of the acquired deferred revenue adjustment, which was written down to fair value in purchase. This measure is also adjusted to eliminate the effect of activity with Starbucks, which ceased using our payments solutions altogether in the fourth quarter of 2016, and we believe that providing Adjusted Revenue metrics that exclude the impact of our agreement with Starbucks is useful to investors.

Year Ended December 31,
2018
2017
2016
2015
2014
(in thousands, except for GPV and per share data)
Gross Payment Volume (GPV)(in millions)
$84,654
$65,343
$49,683
$35,643
$23,780
Adjusted Revenue
$1,587,641
$983,963
$686,618
$452,168
$276,310
Adjusted EBITDA
$256,523
$139,009
$44,887
$(41,115)
$(67,741)
Adjusted Net Income (Loss) Per Share:
Basic
$0.55
$0.30
$0.04
$(0.39)
$(0.62)
Diluted
$0.47
$0.27
$0.04
$(0.39)
$(0.62)


Question: Analyse this data from a financial earnings document. How much is the change of adjusted EBITDA from 2015 to 2016?
Choices:
3772
1025078
90798
86002
-86002
Correct choice index: 3
SHARE-BASED PAYMENTS (continued)
(a) Share option schemes (continued) (iii) Fair value of option
The directors of the Company have used the Binomial Model to determine the fair value of the options as at the respective grant dates, which is to be expensed over the relevant vesting period. The weighted average fair value of options granted during the year ended 31 December 2019 was HKD123.82 per share (equivalent to approximately RMB106.09 per share) (2018: HKD127.43 per share (equivalent to approximately RMB103.46 per share)).
Other than the exercise price mentioned above, significant judgment on parameters, such as risk free rate, dividend yield and expected volatility, are required to be made by the directors in applying the Binomial Model, which are summarised as below.
Note: The expected volatility, measured as the standard deviation of expected share price returns, is determined based on the average daily trading price volatility of the shares of the Company.

2019
2018
Weighted average share price at the grant date
HKD373.33
HKD405.00
Risk free rate
1.08%~2.07%
1.77%~2.27%
Dividend yield
0.23%
0.24%~0.25%
Expected volatility (Note)
30.00%
30.00%


Question: Analyse this data from a financial earnings document. How much did the weighted average fair value per share of options granted change by in RMB between 2018 and 2019 year end?
Choices:
0
-103.16
-21.46
2.63
106.07
Correct choice index: 3
Earnings Per Share
Calculations of net income per common share attributable to ON Semiconductor Corporation are as follows (in millions, except per share data):
Basic income per common share is computed by dividing net income attributable to ON Semiconductor Corporation by the weighted average number of common shares outstanding during the period.
To calculate the diluted weighted-average common shares outstanding, the number of incremental shares from the assumed exercise of stock options and assumed issuance of shares relating to RSUs is calculated by applying the treasury stock method. Share-based awards whose impact is considered to be anti-dilutive under the treasury stock method were excluded from the diluted net income per share calculation.
The excluded number of anti-dilutive share-based awards was approximately 0.8 million, 0.6 million and 0.2 million for the years ended December 31, 2019, 2018 and 2017, respectively.
The dilutive impact related to the Company’s 1.00% Notes and 1.625% Notes is determined in accordance with the net share settlement requirements, under which the Company’s convertible notes are assumed to be convertible into cash up to the par value, with the excess of par value being convertible into common stock.
Additionally, if the average price of the Company’s common stock exceeds $ 25.96 per share, with respect to the 1.00% Notes, or $30.70 per share, with respect to the 1.625% Notes, during the relevant reporting period, the effect of the additional potential shares that may be issued related to the warrants that were issued concurrently with the issuance of the convertible notes will also be included in the calculation of diluted weighted-average common shares outstanding.
Prior to conversion, the convertible note hedges are not considered for purposes of the earnings per share calculations, as their effect would be anti-dilutive. Upon conversion, the convertible note hedges are expected to offset the dilutive effect of the 1.00% Notes and 1.625% Notes, respectively, when the stock price is above $18.50 per share, with respect to the 1.00% Notes, and $20.72 per share, with respect to the 1.625% Notes.

Year ended December 31,
2019
2018
2017
Net income attributable to ON Semiconductor Corporation
$211.7
$627.4
$810.7
Basic weighted average common shares outstanding
410.9
423.8
421.9
Add: Incremental shares for:
Dilutive effect of share-based awards
1.9
4.3
5.5
Dilutive effect of convertible notes
3.2
7.8
0.9
Diluted weighted average common shares outstanding
416.0
435.9
428.3
Net income per common share attributable to ON Semiconductor Corporation:
Basic
$0.52
$1.48
$1.92
Diluted
$0.51
$1.44
$1.89


Question: Analyse this data from a financial earnings document. What is the change in Net income attributable to ON Semiconductor Corporation from December 31, 2018 to 2019?
Choices:
-415.7
-596.7
-624.2
-599
839.1
Correct choice index: 0
Restricted Cash
The following table provides a reconciliation of the Company’s cash and cash equivalents, and current and non-current portion of restricted cash reported on the consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash as of January 31, 2020 and February 1, 2019 (table in millions):
Amounts included in restricted cash primarily relate to certain employee-related benefits, as well as amounts related to installment payments to certain employees as part of acquisitions, subject to the achievement of specified future employment conditions.

January 31, 2020
February 1, 2019
Cash and cash equivalents
$2,915
$3,532
Restricted cash within other current assets
83
35
Restricted cash within other assets
33
29
Total cash, cash equivalents and restricted cash
$3,031
$3,596


Question: Analyse this data from a financial earnings document. What was the change in Restricted cash within other assets between 2019 and 2020?
Choices:
4
79
6
62
-4
Correct choice index: 0