trismik/FinRAG huggingface dataset:
Notes: (1) TWDV – Tax written down value
(2) NBV – Net book value
Deferred tax assets and liabilities are offset when there is a legally enforceable right to set-off current tax assets against current tax liabilities, and when deferred income taxes relate to the same fiscal authority.

Company - 2018
Provisions
Others
Total
Deferred tax assets
S$ Mil
S$ Mil
S$ Mil
Balance as at 1 April 2017
0.3
2.8
3.1
Effects of adoption of SFRS(I) 15
-
(1.0)
(1.0)
Balance as at 1 April 2017, restated
0.3
1.8
2.1
Credited to income statement
0.2
9.0
9.2
Balance as at 31 March 2018
0.5
10.8
11.3
Accelerated tax
Company - 2018
depreciation
Total
Deferred tax liabilities
S$ Mil
S$ Mil
Balance as at 1 April 2017
(285.3)
(285.3)
Effects of adoption of SFRS(I) 1
10.2
10.2


Question: Analyse this data from a financial earnings document. How many % does provisions make up out of the total deferred tax assets?
Choices:
-1080
-4.42
4.42
4.58
0.04
Correct choice index: 2
13. SHARE-BASED EMPLOYEE COMPENSATION
Stock incentive plans — We offer share-based compensation plans to attract, retain, and motivate key officers, employees, and non-employee directors to work toward the financial success of the Company.
Our stock incentive plans are administered by the Compensation Committee of the Board of Directors and have been approved by the stockholders of the Company. The terms and conditions of our share-based awards are determined by the Compensation Committee for each award date and may include provisions for the exercise price, expirations, vesting, restriction on sales, and forfeitures, as applicable. We issue new shares to satisfy stock issuances under our stock incentive plans.
Our Amended and Restated 2004 Stock Incentive Plan authorizes the issuance of up to11,600,000 common shares in connection with the granting of stock options, stock appreciation rights, restricted stock purchase rights, restricted stock bonuses, restricted stock units, or performance units to key employees, directors, and other designated employees. There were 1,677,983 shares of common stock available for future issuance under this plan as of September 29, 2019.
We also maintain a deferred compensation plan for non-management directors under which those who are eligible to receive fees or retainers may choose to defer receipt of their compensation. The deferred amounts are converted to stock equivalents. The plan requires settlement in shares of our common stock based on the number of stock equivalents and dividend equivalents at the time of a participant’s separation from the Board of Directors. This plan provides for the issuance of up to 350,000 shares of common stock in connection with the crediting of stock equivalents. There were143,122 shares of common stock available for future issuance under this plan as of September 29, 2019.
Compensation expense — The components of share-based compensation expense, included within “Selling, general, and administrative expenses” in our consolidated statement of earnings, in each fiscal year are as follows (in thousands):
Nonvested restricted stock units — Nonvested restricted stock units (“RSUs”) are generally issued to executives, non-management directors and certain other members of management and employees. Prior to fiscal 2011, RSUs were granted to certain Executive and Senior Vice Presidents pursuant to our share ownership guidelines. These awards vest upon retirement or termination based on years of service. There were 60,272 of such RSUs outstanding as of September 29, 2019.

2019
2018
2017
Nonvested stock units
$5,458
$5,737
$5,873
Stock options
936
1,790
1,826
Performance share awards
1,417
1,236
2,580
Nonvested restricted stock awards
—
33
88
Non-management directors’ deferred compensation
263
350
270
Total share-based compensation expense
$8,074
$9,146
$10,637


Question: Analyse this data from a financial earnings document. In 2019, what is the percentage constitution of nonvested stock units among the total share-based compensation expense?
Choices:
-261600
67.6
10000
1134311.5
147.9
Correct choice index: 1
The following is a reconciliation of the federal statutory income tax rate to the effective income tax rates reflected in the Consolidated Statements of Comprehensive Income for fiscal 2019, 2018 and 2017:
The effective tax rate for fiscal 2019 was lower than the effective tax rate for fiscal 2018 primarily due to the impact of the U.S. Tax Cuts and Jobs Act (“Tax Reform”) that was recorded in fiscal 2018. During fiscal 2019, the Company reasserted that certain historical undistributed earnings of two foreign subsidiaries will be permanently reinvested which provided a $10.5 million benefit to the effective tax rate. The impact of the changes in the Company's assertion has been included in "Withholding tax on dividends" in the effective income tax reconciliation above. The reduction to the effective tax rate compared to fiscal 2018 was offset by an increase due to the GILTI provisions of Tax Reform in fiscal 2019. The GILTI impact in the table above includes the deduction allowed by the regulations as well as the foreign tax credits attributed to GILTI. The Company has elected to treat the income tax effects of GILTI as a period cost. The effective tax rate for fiscal 2018 was higher than the effective tax rate for fiscal 2017 primarily due to expenses related to Tax Reform.
During fiscal 2019, the Company recorded a $1.9 million increase to its valuation allowance due to continuing losses in certain jurisdictions within the AMER and EMEA segments, partially offset by an expiration of net operating losses that had a valuation allowance recorded.
During fiscal 2018, the Company recorded a $32.9 million reduction to its valuation allowance which includes $9.7 million related to the U.S. federal tax rate change as part of Tax Reform from 35% to 21%, $21.0 million of carryforward credits and net operating losses utilized against the deemed repatriation of undistributed foreign earnings and $3.6 million for the release of the U.S. valuation allowance due to the expected future U.S. taxable income related to the GILTI provisions of Tax Reform. These benefits were partially offset by a $1.4 million increase in foreign valuation allowances in the EMEA segment.
During fiscal 2017, the Company recorded a $14.9 million addition to its valuation allowance relating to continuing losses in certain jurisdictions within the AMER and EMEA segments.

2019
2018
2017
Federal statutory income tax rate
21.0 %
24.5 % 
35.0 %
Increase (decrease) resulting from:      
Foreign tax rate differences
(21.0)
(30.2)
(39.9)
Withholding tax on dividends 
(5.4)
23.7
—
Permanent differences 
(1.3)
0.8
3.0
Excess tax benefits related to share-based compensation 
(1.3)
(2.7)
(2.0)
Global intangible low-taxed income ("GILTI") 
11.7
—
—
Deemed repatriation tax 
5.6
92.2
—
Non-deductible compensation
1.5
0.2
0.2
Valuation allowances 
1.5
(30.6)
12.2
Rate changes 
—
9.0
—
Other, net 
1.5
1.0
(0.5)
Effective income tax rate
13.8 % 
87.9 % 
8.0 %


Question: Analyse this data from a financial earnings document. What was the change in the increase resulting from permanent differences between 2017 and 2018?
Choices:
-2200000
-8.4
2.1
-1.8
-2.2
Correct choice index: 4
(iii) Contract balances
Increases in the balance of accrued and unearned revenue during the year relate to the acquisition of Sigma Systems (refer to Note 24). Additionally, the increase in accrued revenue was a result of software licences deployed on contract inception but have yet to be billed to the customer.
Revenues recognised in the current reporting period that was included in deferred revenue at the beginning of the reporting period was $22,251,000, representing support and maintenance performed during the period.

2019
2018
$’000
$’000
Accrued revenue
27,817
5,824
Unearned revenue
27,069
22,914


Question: Analyse this data from a financial earnings document. What was the average accrued revenue between 2018 and 2019?
Choices:
1.5
16820.5
1401.7
168.2
33641
Correct choice index: 1
13. Income Taxes
On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was signed into U.S. Law. As of December 31, 2018, the Company had completed its accounting for the tax effects related to the enactment of the Tax Act.
The Tax Act reduced the U.S. federal corporate income tax rate from 35% to 21%, effective January 1, 2018. During the year ended December 31, 2017, the Company remeasured certain deferred tax assets and liabilities and recorded a $15.0 million provisional tax charge. During the year ended December 31, 2018, the Company reduced the initial provisional tax charge by recording a $4.9 million benefit related to accelerated tax deductions claimed on the 2018 U.S. Federal Income Tax Return.
The Tax Act required U.S. companies to pay a one-time transition tax on certain unremitted foreign earnings. During the year ended December 31, 2017, the Company recorded a $20.9 million provisional tax charge based on post-1986 earnings and profits of foreign subsidiaries that were previously deferred from U.S. income taxes. Upon further analysis, the Company reduced the initial provisional tax charge by recording an $8.1 million benefit during the year ended December 31, 2018.
During the year ended December 31, 2018, the Company recorded a $15.5 million valuation allowance on its deferred tax asset related to U.S. foreign tax credits based upon business conditions and tax laws in effect at that time.
During the year ended December 31, 2019, following the acquisition of Speedpay, the Company determined it will more likely than not be able to utilize foreign tax credits in future years due to additional income generated by Speedpay; therefore, the Company released the $15.5 million valuation allowance that had been established on this deferred tax asset.
The Tax Act subjects a U.S. shareholder to tax on global intangible low-taxed income ("GILTI") earned by certain foreign subsidiaries. The Company has elected to account for GILTI in the year the tax is incurred.
Prior to 2018, the Company considered all earnings in foreign subsidiaries to be indefinitely reinvested, and accordingly, recorded no deferred income taxes related to unremitted earnings. As of December 31, 2019 and 2018, the Company considered only the earnings in its Indian subsidiaries to be indefinitely reinvested. The earnings of all other foreign subsidiaries are no longer considered indefinitely reinvested. The Company is also permanently reinvested for outside book/tax basis differences related to foreign subsidiaries.
For financial reporting purposes, income before income taxes includes the following components (in thousands):

Years Ended December 31,
2019
2018
2017
United States
-16,317
$16,312
-42,863
Foreign
88,527
75,487
86,435
Total
$72,210
$91,799
$43,572


Question: Analyse this data from a financial earnings document. What is the change in income from Foreign countries between 2018 and 2019?
Choices:
13040
88512
-75482
0
7
Correct choice index: 0
future regulatory developments future regulatory developments and actions could affect operations and increase operating costs for the airline industry , including our airline subsidiaries .
see part i , item 1a .
risk factors - " if we are unable to obtain and maintain adequate facilities and infrastructure throughout our system and , at some airports , adequate slots , we may be unable to operate our existing flight schedule and to expand or change our route network in the future , which may have a material adverse impact on our operations ," "our business is subject to extensive government regulation , which may result in increases in our costs , disruptions to our operations , limits on our operating flexibility , reductions in the demand for air travel , and competitive disadvantages" and "we are subject to many forms of environmental regulation and may incur substantial costs as a result" for additional information .
employees and labor relations the airline business is labor intensive .
in 2013 , salaries , wages , and benefits were one of our largest expenses and represented approximately 22% ( 22 % ) of our operating expenses .
the table below presents our approximate number of active full-time equivalent employees as of december 31 , 2013 .
american us airways wholly-owned regional carriers total .

American
US Airways
Wholly-owned Regional Carriers
Total
Pilots
7,900
4,100
3,400
15,400
Flight attendants
15,000
7,700
2,100
24,800
Maintenance personnel
11,300
3,100
2,400
16,800
Fleet service personnel
7,400
5,500
1,700
14,600
Passenger service personnel
10,300
6,200
6,400
22,900
Administrative and other
8,200
5,500
2,200
15,900
Total
60,100
32,100
18,200
110,400

.

Question: Analyse this data from a financial earnings document. what portion of the total full-time employees of american are flight attendants?
Choices:
0.25624
0.24958
901500000
15000
4.00667
Correct choice index: 1
5. Trade Accounts Receivable and Contract Liabilities:
Charges related to allowances for doubtful accounts are charged to selling, general, and administrative expenses. Charges related to stock rotation, ship from stock and debit, sales returns, and sales discounts are reported as deductions from revenue. Please refer to Note 6, “Revenue Recognition,” for additional information

Fiscal Year Ended March 31,
2018
2019
Gross Accounts Receivable - Trade
$300,016
$273,053
Less
Allowances for doubtful accounts
1,893
1,276
Stock rotation and ship from stock and debit
15,989
14,140
Sales returns and discounts
6,875
646
Total allowances
24,757
16,062
Accounts Receivable - Trade, net
$275,259
$256,991


Question: Analyse this data from a financial earnings document. What is the total allowances for doubtful accounts in 2018 and 2019?
Choices:
1899
5998917
15416
3169
2415468
Correct choice index: 3
13 .
pension and other postretirement benefit plans the company has defined benefit pension plans covering eligible employees in the united states and in certain of its international subsidiaries .
as a result of plan design changes approved in 2011 , beginning on january 1 , 2013 , active participants in merck 2019s primary u.s .
defined benefit pension plans are accruing pension benefits using new cash balance formulas based on age , service , pay and interest .
however , during a transition period from january 1 , 2013 through december 31 , 2019 , participants will earn the greater of the benefit as calculated under the employee 2019s legacy final average pay formula or their new cash balance formula .
for all years of service after december 31 , 2019 , participants will earn future benefits under only the cash balance formula .
in addition , the company provides medical benefits , principally to its eligible u.s .
retirees and their dependents , through its other postretirement benefit plans .
the company uses december 31 as the year-end measurement date for all of its pension plans and other postretirement benefit plans .
net periodic benefit cost the net periodic benefit cost for pension and other postretirement benefit plans consisted of the following components: .

Pension Benefits
Other Postretirement Benefits
Years Ended December 31
2013
2012
2011
2013
2012
2011
Service cost
$682
$555
$619
$102
$82
$110
Interest cost
665
661
718
107
121
141
Expected return on plan assets
(1,097)
(970)
(972)
(126)
(136)
(142)
Net amortization
336
185
201
(50)
(35)
(17)
Termination benefits
58
27
59
50
18
29
Curtailments
(23)
(10)
(86)
(11)
(7)
1
Settlements
23
18
4
—
—
—
Net periodic benefit cost
$644
$466
$543
$72
$43
$122

the increase in net periodic benefit cost for pension and other postretirement benefit plans in 2013 as compared with 2012 is largely attributable to a change in the discount rate .
the net periodic benefit cost attributable to u.s .
pension plans included in the above table was $ 348 million in 2013 , $ 268 million in 2012 and $ 406 million in in connection with restructuring actions ( see note 3 ) , termination charges were recorded in 2013 , 2012 and 2011 on pension and other postretirement benefit plans related to expanded eligibility for certain employees exiting merck .
also , in connection with these restructuring activities , curtailments were recorded in 2013 , 2012 and 2011 on pension and other postretirement benefit plans .
in addition , settlements were recorded in 2013 , 2012 and 2011 on certain domestic and international pension plans .
table of contents .

Question: Analyse this data from a financial earnings document. what was the percentage change in the net amortization from 2012 to 2013
Choices:
0.88108
0.81622
2.81622
0
0.4494
Correct choice index: 1
24. Operating lease commitments
The Group has lease agreements in respect of property, plant and equipment, for which future minimum payments extend over a number of years.
Leases primarily relate to the Group’s properties, which principally comprise offices and factories. Lease payments are typically subject to market review every five years to reflect market rentals, but because of the uncertainty over the amount of any future changes, such changes have not been reflected in the table below. Within our leasing arrangements there are no significant contingent rental, renewal, purchase or escalation clauses.
The future aggregate minimum lease payments under non-cancellable operating leases for continuing operations are as follows:
The Group has made provision for the aggregate minimum lease payments under non-cancellable operating leases. The Group sub-lets various properties under non-cancellable lease arrangements. Sub-lease receipts of £0.2m (2017/18: £0.2m) were recognised in the statement of profit or loss during the period. The total future minimum sub-lease payments at the period end is £0.2m (2017/18: £0.2m).

As at 30 Mar 2019
As at 31 Mar 2018
Property
Plant and Equipment
Property
Plant and Equipment
£m
£m
£m
£m
Within one year
1.8
1.3
2.5
1.8
Between 2 and 5 years
6.3
2.4
5.3
1.9
After 5 years
6.0
0.5
9.4
–
Total
14.1
4.2
17.2
3.7


Question: Analyse this data from a financial earnings document. What is the average plant and equipment payment due between 2 and 5 years in 2018 and 2019?
Choices:
215
2.15
2.1
-2.15
0.14
Correct choice index: 1
Restructuring Expense
In October 2019, we began implementing a restructuring plan in our ongoing efforts to reduce operating costs and focus on advanced technologies. The restructuring plan, when complete, is expected to result in a workforce reduction of approximately 5% of our workforce and the closure and consolidation of certain U.S. and international office facilities. We expect to complete the restructuring by the end of the second fiscal quarter of 2020. We recorded restructuring expenses of $2.5 million in the fourth quarter of 2019, which included the following (in thousands)
As of December 31, 2019, we had accrued but unpaid restructuring costs of $1.5 million included in accrued liabilities on the Consolidated Balance Sheets

Cost of revenue
Sales and marketing
Research and development
General and administrative
Total restructuring expense
Employee severance and related payroll taxes
$28
$1,355
$340
$194
$1,917
Facilities closure expenses
.
435
89
524
Legal fees
.
.
.
89
89
$28
$1,790
$429
$283
$2,530


Question: Analyse this data from a financial earnings document. What is the total legal fees and facilities expenses?
Choices:
46636
613
702
-435
117
Correct choice index: 1
Summary Disclosures about Contractual Obligations and Commercial Commitments
Our material capital commitments consist of obligations under facilities and operating leases. Some of these leases have free or escalating rent payment provisions. We recognize rent expense under leases on a straight-line basis. We anticipate that we will experience an increase in our capital expenditures and lease commitments as a result of our anticipated growth in operations, infrastructure, personnel and resources devoted to building our brand name.
The following table summarizes our obligations as of March 31, 2019 (dollars in thousands):
We generally do not enter into binding purchase obligations. The purchase obligations above relate primarily to marketing and IT services. The contractual obligations table above excludes unrecognized tax benefits, plus related interest and penalties totaling $1.1 million because we cannot reasonably estimate in which future periods these amounts will ultimately be settled.
We have certain software royalty commitments associated with the shipment and licensing of certain products. Royalty expense is generally based on a fixed cost per unit shipped or a fixed fee for unlimited units shipped over a designated period. Royalty expense, included in cost of software and products revenues was $12.3 million in fiscal 2019 and $4.5 million million in fiscal 2018.
We offer a 90-day limited product warranty for our software. To date, costs relating to this product warranty have not been material.

Payments Due by Period
Total
Less Than 1 Year
2-3 Years
4-5 Years
More Than 5 Years
Operating lease obligations
$23,673
$9,008
$10,907
$2,827
$931
Purchase obligations
20,520
16,748
3,669
103
—
Total
$44,193
$25,756
$14,576
$2,930
$931


Question: Analyse this data from a financial earnings document. How much less operating lease obligations than purchase obligations does the company have due in less than 1 year?
Choices:
7740
8
25756
33496
0
Correct choice index: 0
(15) CONTRACT BALANCES
Contract balances at December 31 are set forth in the following table:
The change in our net contract assets/(liabilities) from December 31, 2018 to December 31, 2019 was due primarily to the timing of payments and invoicing relating to SaaS and PCS renewals, partially offset by revenues recognized in the year ended December 31, 2019 of $674.2, related to our contract liability balances at December 31, 2018. In addition, the impact of the 2019 business acquisitions increased net contract liabilities by $96.2.
In order to determine revenues recognized in the period from contract liabilities, we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance.
Impairment losses recognized on our accounts receivable and unbilled receivables were immaterial in the year ended December 31, 2019.
(1) Consists of “Deferred revenue,” and billings in-excess of revenues (“BIE”). BIE are reported in “Other accrued liabilities” in our Consolidated Balance Sheets.

Balance Sheet Account
2019
2018
Change
Unbilled receivables
$  183.5
$  169.4
$    14.1
Contract liabilities - current(1)
(840.8)
(714.1)
(126.7)
Deferred revenue - non-current
(33.2)
(29.8)
(3.4)
Net contract assets/(liabilities)
$ (690.5)
$ (574.5)
$ (116.0)


Question: Analyse this data from a financial earnings document. What are the average unbilled receivables from 2018 to 2019?
Choices:
1
176450000
-272.35
183.5
176.45
Correct choice index: 4
Executive Annual Incentive Plan Target Opportunities: The following table presents each NEO’s target incentive opportunity for FY19 under the FY19 Executive Annual Incentive Plan (the ‘‘FY19 EAIP’’):
(1) In connection with Mr. Kapuria’s promotion, his FY19 Individual Annual Incentive Target under the FY19 EAIP increased from 60% to 100% effective May 8, 2018. Mr. Kapuria’s prorated target annual incentive value for FY19 is $427,451.

FY19 Individual Annual
FY19
NEO
Incentive Target (%)
Target ($)
Gregory S. Clark
150
1,500,000
Nicholas R. Noviello
100
650,000
Amy L. Cappellanti-Wolf
70
308,000
Samir Kapuria(1)
100
450,000
Scott C. Taylor
100
600,000


Question: Analyse this data from a financial earnings document. What is the average FY19 target ($) for NEOs?
Choices:
711600
701600000000
701600
578400
0
Correct choice index: 2