trismik/FinRAG huggingface dataset:
Acquisitions and divestments
Acquisitions
In 2019, Ericsson made acquisitions with a negative cash flow effect amounting to SEK 1,815 (1,220) million. The acquisitions presented below are not material, but the Company gives the information to provide the reader a summarized view of the content of the acquisitions made. The acquisitions consist primarily of:
Kathrein: On October 2, 2019, the Company acquired assets from Kathrein, a world leading provider of antenna and filter technologies with approximately 4,000 employees. Kathrein’s antenna and filters business has a strong R&D organization with extensive experience in antenna design and research, coupled with a strong IPR portfolio. In addition to broadening Ericsson’s portfolio of antenna and filter products, the acquisition will bring vital competence for the evolution of advanced radio network products. The acquired Kathrein business has had a negative impact of SEK –0.5 billion since the acquisition, corresponding to –1 percentage point in Networks operating margin. Balances to facilitate the Purchase price allocation are preliminary.
CSF: On August 20, 2019, the Company acquired 100% of the shares in CSF Holdings Inc. a US-based technology company with approximately 25 employees. CSF strengthens iconectiv’s Business to Consumer (B2C) product platforms to enable growth in messaging and Toll-Free Number (TFN) management. Balances to facilitate the Purchase price allocation are final.
ST-Ericsson: Before ST-Ericsson was a joint venture where Ericsson and ST Microelectronics had a 50/50 ownership. This joint venture consisted of a number of legal entities where the two parties owned different stakes in the different legal entities. In December 2019 the Company initiated transactions to wind-down the legal structure of ST-Ericsson by acquiring the remaining shares in two legal ST-Ericsson entities and costs of SEK –0.3 billion impacted the result. The Company now owns 100% of the shares in those entities.
In order to finalize a Purchase price allocation all relevant information needs to be in place. Examples of such information are final consideration and final opening balances, they may remain preliminary for a period of time due
to for example adjustments of working capital, tax items or decisions from local authorities.
1) Acquisition-related costs are included in Selling and administrative expenses in the consolidated income statement.

Acquisitions 2017–2019
2019
2018
2017
Total consideration, including cash
1,957
1,314
62
Net assets acquired
Cash and cash equivalents
142
94
–
Property, plant and equipment
353
4
12
Intangible assets
497
481
101
Investments in associates
101
64
–
Other assets
1,357
254
1
Provisions, incl. post-employment benefits
–102
–
–
Other liabilities
–743
–494
25
Total identifiable net assets
1,605
403
139
Costs recognized in net income
153
–
–
Goodwill
199
911
–77
Total
1,957
1,314
62
Acquisition-related costs 1)
85
24
49


Question: Analyse this data from a financial earnings document. What is the change in cash and cash equivalents between 2019 and 2018?
Choices:
0
140
48
-90
13348
Correct choice index: 2
3. Operating (loss)/profit
Detailed below are the key amounts recognised in arriving at our operating (loss)/profit
Notes: 1 The year ended 31 March 2019 included €nil (2018: €80 million credit, 2017: €127 million charge) reported in other income and expense in the consolidated income statement
2 Reported in other income and expense in the consolidated income statement.

2019
2018
2017
€m
€m
€m
Net foreign exchange losses/(gains)1
1
(65)
133
Depreciation of property, plant and equipment (note 11):
Owned assets
5,795
5,963
6,253
Leased assets
59
47
12
Amortisation of intangible assets (note 10)
3,941
4,399
4,821
Impairment of goodwill in subsidiaries, associates and joint arrangements (note 4)
3,525
–
–
Staff costs (note 23)
5,267
5,295
5,519
Amounts related to inventory included in cost of sales
5,886
6,045
6,464
Operating lease rentals payable
3,826
3,788
3,976
Loss on disposal of property, plant and equipment and intangible assets
33
36
22
Own costs capitalised attributable to the construction or acquisition of property, plant and equipment
(844)
(829)
(800)
Net gain on formation of VodafoneZiggo (note 26)2
–
–
(1,275)


Question: Analyse this data from a financial earnings document. What is the average leased assets for 2018 and 2019?
Choices:
106
0
53
30
35
Correct choice index: 2
Item 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES
Aggregate audit fees, audit-related fees, tax fees and the aggregate of all other fees billed to us by Ernst & Young LLP for the fiscal years ended June 30, 2019 and 2018 were as follows:
(1) Audit Fees consist of fees incurred for professional services rendered for the integrated audit of our annual consolidated financial statements, review of the quarterly consolidated financial statements and foreign statutory audits and services that are normally provided by Ernst & Young LLP in connection with statutory and regulatory filings or engagements. Audit fees also include accounting consultations, research related to the integrated audit and comfort letter services in relation to our exchangeable senior notes.
(2) Audit-Related Fees consist of fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Company’s consolidated financial statements and are not reported under “Audit Fees.” This primarily consists of fees for service organization control audits and due diligence on acquisitions.
(3) Tax fees relate to assistance with tax compliance, tax planning and various tax advisory services.
(4) Other fees are any additional amounts for products and services provided by the principal accountants.
Our audit committee has adopted a pre-approval policy for the engagement of our independent accountant to perform certain audit and non-audit services. Pursuant to this policy, which is designed to assure that such engagements do not impair the independence of our auditors, the audit committee pre-approves annually all audit services, audit related services, tax services and other services as described above, that may be performed by our independent accountants. All of the audit and non-audit services provided by our principal accountants have been pre-approved by our Audit Committee.

2019
2018
(U.S. $ in thousands)
Audit fees (1)
$2,980
$3,469
Audit-related fees (2)
648
447
Tax fees (3)
220
238
Other fees (4)
8
3
Total
$3,856
$4,157


Question: Analyse this data from a financial earnings document. What is the average tax fees for fiscal years 2018 and 2019?
Choices:
238
916
-229
134
229
Correct choice index: 4
Estimated Useful Lives of Computer Software and Other Intangible Assets Acquired
As of the acquisition date, the gross carrying value and weighted average estimated useful lives of Computer software and Other intangible assets acquired during the year ended December 31, 2019 consisted of the following (dollars in millions):

Gross carrying value
Weighted average estimated life (in years)
Computer software
$9.4
5
Other intangible assets:
Client relationships
19.1
10
Trade names
1.4
3
Non-compete agreements
0.9
5
Other intangible assets
21.4
Total gross carrying value
$30.8


Question: Analyse this data from a financial earnings document. What was the difference in the gross carrying value between Trade Names and Non-compete agreements?
Choices:
2.1
6
500
-0.5
0.5
Correct choice index: 4
Property, Plant and Equipment
Property, plant and equipment consists of the following (in millions):
Depreciation expense attributed to property, plant and equipment was $180.6 million, $123.7 million and $122.9 million for the fiscal years ending March 31, 2019, 2018 and 2017, respectively.

March 31,
2019
2018
Land
$83.4
$73.4
Building and building improvements
647.6
508.5
Machinery and equipment
2,095.5
1,943.9
Projects in process
119.2
118.3
Total property, plant and equipment, gross
2,945.7
2,644.1
Less accumulated depreciation and amortization
1,949.0
1,876.2
Total property, plant and equipment, net
$996.7
$767.9


Question: Analyse this data from a financial earnings document. What was the change in Machinery and equipment between 2018 and 2019?
Choices:
1976.3
-1792.3
151.6
4039.4
-1824.7
Correct choice index: 2
schedule iii page 6 of 6 host hotels & resorts , inc. , and subsidiaries host hotels & resorts , l.p. , and subsidiaries real estate and accumulated depreciation december 31 , 2017 ( in millions ) ( b ) the change in accumulated depreciation and amortization of real estate assets for the fiscal years ended december 31 , 2017 , 2016 and 2015 is as follows: .

Balance at December 31, 2014
$5,283
Depreciation and amortization
558
Dispositions and other
(148)
Depreciation on assets held for sale
(27)
Balance at December 31, 2015
5,666
Depreciation and amortization
572
Dispositions and other
(159)
Depreciation on assets held for sale
(130)
Balance at December 31, 2016
5,949
Depreciation and amortization
563
Dispositions and other
(247)
Depreciation on assets held for sale
7
Balance at December 31, 2017
$6,272

( c ) the aggregate cost of real estate for federal income tax purposes is approximately $ 10698 million at december 31 , 2017 .
( d ) the total cost of properties excludes construction-in-progress properties. .

Question: Analyse this data from a financial earnings document. what was the net change in millions in the accumulated depreciation and amortization of real estate assets from 2015 to 2016?
Choices:
-5383
283.0
0
5976
6097
Correct choice index: 1
Our fourth quarter 2019 net revenues amounted to $2,754 million, registering a sequential increase of 7.9%, 290 basis points above the mid-point of our guidance, with all product groups contributing to the growth. The sequential increase resulted from higher volumes of approximately 7% and an increase of approximately 1% in average selling prices, the latter entirely due to product mix, while selling prices remained substantially stable.
On a year-over-year basis, our net revenues increased by 4.0%. This increase was entirely due to an increase of approximately 6% in average selling prices, partially offset by an approximate 2% decrease in volumes. The average selling prices increase was entirely driven by improved product mix of approximately 9%, partially offset by lower selling prices of approximately 3%.

Three Months Ended
Three Months Ended
Three Months Ended
% Variation
% Variation
December 31, 2019
September 29, 2019
December 31, 2018
Sequential
Year- Over- Year
(Unaudited, in millions)
Net sales
$ 2,750
$ 2,547
$ 2,633
8.0%
4.5%
Other revenues
4
6
15
(45.0)
(77.4)
Net revenues
$ 2,754
$ 2,553
$ 2,648
7.9%
4.0%


Question: Analyse this data from a financial earnings document. What is the average net revenues for the period December 31, 2019 and 2018?
Choices:
0
53
1324
1469
2701
Correct choice index: 4
Long-lived assets by geographic region were as follows (amounts in millions):
The only long-lived assets that we classify by region are our long-term tangible fixed assets, which consist of property, plant, and equipment assets, and beginning with 2019, as a result of our adoption of a new lease accounting standard, our lease ROU assets; all other long-term assets are not allocated by location.
For information regarding significant customers, see “Concentration of Credit Risk” in Note 2.

At December 31,
2019
2018
2017
Long-lived assets* by geographic region:
Americas
$322
$203
$197
EMEA
142
62
75
Asia Pacific
21
17
22
Total long-lived assets by geographic region
$485
$282
$294


Question: Analyse this data from a financial earnings document. What was the change in total long-lived assets by geographical region between 2017 and 2018?
Choices:
0
191
12
576
-12
Correct choice index: 4
The Company’s contractual obligations as of December 31, 2019, consist of our obligations as borrower under our 2019 Senior Secured Credit Facility, our obligations related to financing of our three 2018 Newbuildings.
The following table sets out financial, commercial and other obligations outstanding as of December 31, 2019.
Notes:
(1) Refers to obligation to repay indebtedness outstanding as of December 31, 2019.
(2) Refers to estimated interest payments over the term of the indebtedness outstanding as of December 31, 2019. Estimate based on applicable interest rate and drawn amount as of December 31, 2019.
(3) Refers to obligation to repay indebtedness outstanding as of December 31, 2019 for three 2018 Newbuildings.
(4) Refers to estimated interest payments over the term of the indebtedness outstanding as of December 31, 2019. Estimate based on applicable interest as of December 31, 2019 for the financing of the three 2018 Newbuildings.
(5) Refers to the future obligation as of December 31, 2019 to pay for operating lease liabilities at nominal values.
*The new five-year senior secured credit facility for $306.1 million is amortizing with a twenty-year maturity profile, carries a floating LIBOR interest rate plus a margin and matures in February 2024. Further, the agreement contains a discretionary excess cash amortization mechanism for the lender that equals 50% of the net earnings from the collateral vessels, less capex provision and fixed amortization.

Contractual Obligations in $’000s 
Total  
Less than 1 year  
1-3 years  
3-5 years  
More than 5 years
Senior Secured Credit Facility (1)*
291,798
18,749
30,610
242,439
-
Interest Payments (2)
82,255
21,690
39,624
20,941
-
Financing of 2018 Newbuildings (3)
119,867
7,630
16,287
17,849
78,101
Interest Payments 2018 Newbuildings (4)
47,517
7,674
13,739
11,526
14,578
Operating Lease Liabilities (5)  
1,937
500
638
587
212
Total  
543,374
56,243
100,898
293,342
92,891


Question: Analyse this data from a financial earnings document. What is the total average Financing of 2018 Newbuildings and Interest Payments 2018 Newbuildings?
Choices:
83692
29522
0
43570
79746
Correct choice index: 0
Note 15—Segments and Geographic Information
We operate in two reportable segments consisting of the Probe Cards Segment and the Systems Segment. Our chief operating decision maker ("CODM") is our Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire company. The following table summarizes the operating results by reportable segment (dollars in thousands):
Operating results provide useful information to our management for assessment of our performance and results of operations. Certain components of our operating results are utilized to determine executive compensation along with other measures.
Corporate and Other includes unallocated expenses relating to amortization of intangible assets, share-based compensation expense, acquisition-related costs, including charges related to inventory stepped up to fair value, and other costs, which are not used in evaluating the results of, or in allocating resources to, our reportable segments. Acquisition-related costs include transaction costs and any costs directly related to the acquisition and integration of acquired businesses.

Fiscal 2019
Probe Cards
Systems
Corporate and Other
Total
Revenues
$491,363
$98,101
$—
$589,464
Gross profit
$211,382
$50,927
$(24,813)
$237,496
Gross margin
43.0 %
51.9 %
— %
40.3 %
Fiscal 2018
Probe Cards
Systems
Corporate and Other
Total
Revenues
$434,269
$95,406
$—
$529,675
Gross profit
$187,320
$47,074
$(24,055)
$210,339
Gross margin
43.1 %
49.3 %
— %
39.7 %
Fiscal 2017
Probe Cards
Systems
Corporate and Other
Total
Revenues
$454,794
$93,647
$—
$548,441
Gross profit
$195,903
$46,647
$(26,953)
$215,597
Gross margin
43.1 %
49.8%
— %
39.3 %


Question: Analyse this data from a financial earnings document. What is the average revenue in 2017?
Choices:
248114.67
1
182813.67
548441
-182813.67
Correct choice index: 2
History and Development of the Company
Our legal and commercial name is United Microelectronics Corporation, commonly known as “UMC”. We were incorporated under the R.O.C. Company Law as a company limited by shares in May 1980 and our common shares were listed on the Taiwan Stock Exchange in 1985. Our principal executive office is located at No. 3 Li-Hsin Road II, Hsinchu Science Park, Hsinchu, Taiwan, Republic of China, and our telephone number is 886-3-578-2258.
Our Internet website address is www.umc.com. The information on our website does not form part of this annual report. Our ADSs have been listed on the NYSE under the symbol “UMC” since September 19, 2000. In 2019, we were ranked among the top 5% of companies for a fifth consecutive year in the Corporate Governance Evaluation conducted by the Taiwan Stock Exchange and Taipei Exchange. The assessment was conducted across over 1,400 public companies in Taiwan.
We are one of the world’s largest independent semiconductor foundries and a leader in semiconductor manufacturing process technologies. Our primary business is the manufacture, or “fabrication”, of semiconductors, sometimes called “chips” or “integrated circuits”, for others. Using our own proprietary processes and techniques, we make chips to the design specifications of our many customers. Our company maintains a diversified customer base across industries, including communication devices, consumer electronics, computer, and others, while continuing to focus on manufacturing for high growth, large volume applications, including networking, telecommunications, internet, multimedia, PCs and graphics.
We sell and market mainly wafers which in turn are used in a number of different applications by our customers. The following table presented the percentages of our wafer sales by application for the years ended December 31, 2017, 2018 and 2019.

Years Ended December 31,
Application
2017
2018
2019
%
%
%
Communication
48.6
45.2
52.2
Consumer
29.4
28.6
26.4
Computer
13.1
16.3
13.6
Others
8.9
9.9
7.8
Total
100.0
100.0
100.0


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in the Others from 2017 to 2018?
Choices:
1
-2930
5
10000
0
Correct choice index: 0
packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .
stock-based compensation ( continued ) same period was $ 1988000 lower , than if it had continued to account for share-based compensation under apb no .
25 .
basic and diluted earnings per share for the year ended december 31 , 2006 were both $ 0.02 lower than if the company had continued to account for share-based compensation under apb no .
25 .
prior to the adoption of sfas no .
123 ( r ) , the company presented all tax benefits of deductions resulting from share-based payment arrangements as operating cash flows in the statements of cash flows .
sfas no .
123 ( r ) requires the cash flows resulting from the tax benefits from tax deductions in excess of the compensation cost recognized for those share awards ( excess tax benefits ) to be classified as financing cash flows .
the excess tax benefit of $ 2885000 classified as a financing cash inflow for the year ended december 31 , 2006 would have been classified as an operating cash inflow if the company had not adopted sfas no .
123 ( r ) .
as a result of adopting sfas no 123 ( r ) , unearned compensation previously recorded in stockholders 2019 equity was reclassified against additional paid in capital on january 1 , 2006 .
all stock-based compensation expense not recognized as of december 31 , 2005 and compensation expense related to post 2005 grants of stock options and amortization of restricted stock will be recorded directly to additional paid in capital .
compensation expense for stock options and restricted stock recognized in the statements of income for the year ended december 31 , 2006 , 2005 and 2004 was as follows : year ended december 31 , ( in thousands ) 2006 2005 2004 .

Year Ended December 31,
<i>(In thousands)</i>
2006
2005
2004
Stock options
$(3,273)
$—
$—
Restricted stock
(2,789)
(1,677)
(663)
Impact on income before income taxes
(6,062)
(1,677)
(663)
Income tax benefit
2,382
661
260
Impact on net income
$(3,680)
$(1,016)
$(403)

.

Question: Analyse this data from a financial earnings document. what was the difference in thousands in impact on net income due to compensation expense for stock options and restricted stock between 2005 and 2006?
Choices:
2664.0
2.7
3.6
-2664
0
Correct choice index: 0
sales of unregistered securities not applicable .
repurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2017 to december 31 , 2017 .
total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .

Total Number ofShares (or Units)Purchased<sup>1</sup>
Average Price Paidper Share (or Unit)<sup>2</sup>
Total Number ofShares (or Units)Purchased as Part ofPublicly AnnouncedPlans or Programs<sup>3</sup>
Maximum Number (orApproximate Dollar Value)of Shares (or Units)that May Yet Be PurchasedUnder the Plans orPrograms<sup>3</sup>
October 1 - 31
1,231,868
$20.74
1,230,394
$214,001,430
November 1 - 30
1,723,139
$18.89
1,722,246
$181,474,975
December 1 - 31
1,295,639
$20.25
1,285,000
$155,459,545
Total
4,250,646
$19.84
4,237,640

1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .
we repurchased 1474 withheld shares in october 2017 , 893 withheld shares in november 2017 and 10639 withheld shares in december 2017 , for a total of 13006 withheld shares during the three-month period .
2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program .
3 in february 2017 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2017 share repurchase program 201d ) .
on february 14 , 2018 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock .
the new authorization is in addition to any amounts remaining for repurchase under the 2017 share repurchase program .
there is no expiration date associated with the share repurchase programs. .

Question: Analyse this data from a financial earnings document. what portion of the total repurchase of share has occurred during november?
Choices:
4250646.40538
0.40663
0.40538
-0.40538
1
Correct choice index: 2