trismik/FinRAG huggingface dataset:
course of business , we actively manage our exposure to these market risks by entering into various hedging transactions , authorized under established policies that place clear controls on these activities .
the counterparties in these transactions are generally highly rated institutions .
we establish credit limits for each counterparty .
our hedging transactions include but are not limited to a variety of derivative financial instruments .
for information on interest rate , foreign exchange , commodity price , and equity instrument risk , please see note 7 to the consolidated financial statements in item 8 of this report .
value at risk the estimates in the table below are intended to measure the maximum potential fair value we could lose in one day from adverse changes in market interest rates , foreign exchange rates , commodity prices , and equity prices under normal market conditions .
a monte carlo value-at-risk ( var ) methodology was used to quantify the market risk for our exposures .
the models assumed normal market conditions and used a 95 percent confidence level .
the var calculation used historical interest and foreign exchange rates , and commodity and equity prices from the past year to estimate the potential volatility and correlation of these rates in the future .
the market data were drawn from the riskmetrics 2122 data set .
the calculations are not intended to represent actual losses in fair value that we expect to incur .
further , since the hedging instrument ( the derivative ) inversely correlates with the underlying exposure , we would expect that any loss or gain in the fair value of our derivatives would be generally offset by an increase or decrease in the fair value of the underlying exposure .
the positions included in the calculations were : debt ; investments ; interest rate swaps ; foreign exchange forwards ; commodity swaps , futures , and options ; and equity instruments .
the calculations do not include the underlying foreign exchange and commodities or equity-related positions that are offset by these market-risk-sensitive instruments .
the table below presents the estimated maximum potential var arising from a one-day loss in fair value for our interest rate , foreign currency , commodity , and equity market-risk-sensitive instruments outstanding as of may 27 , 2018 and may 28 , 2017 , and the average fair value impact during the year ended may 27 , 2018. .

Fair Value Impact
In Millions
May 27, 2018
Averageduringfiscal 2018
May 28,2017
Interest rate instruments
$33.2
$27.5
$25.1
Foreign currency instruments
21.3
23.1
24.6
Commodity instruments
1.9
2.1
3.2
Equity instruments
2.0
1.4
1.3

.

Question: Analyse this data from a financial earnings document. what is the net change in interest rate instruments from 2017 to 2018?
Choices:
8.1
-8.1
30
2.9
58.3
Correct choice index: 0
The following are the significant assumptions adopted in measuring the Company’s pension and other benefit obligations:
For certain Canadian post-retirement plans the above trend rates are applicable for 2019 to 2024 which will increase linearly to 4.75% in 2029 and grading down to an ultimate rate of 3.57% per annum in 2040 and thereafter.

As at December 31,
Pension 2019
Other 2019
Pension 2018
Other 2018
Actuarial benefit obligation
Discount rate
3.20%
2.95% to 3.20%
3.80%
3.80% to 4.00%
Benefit costs for the year ended
Discount rate
3.90%
3.90% to 4.00%
3.60%
3.25% to 3.60%
Future salary growth
2.50%
N/A
2.50%
N/A
Health care cost trend rate
N/A
3.49% to 5.49%
N/A
4.50%
Other medical trend rates
N/A
4.00% to 4.56%
N/A
4.50%


Question: Analyse this data from a financial earnings document. What is the total pension discount rate for actuarial benefit obligation for 2018 and 2019?
Choices:
1
7
6
0
3
Correct choice index: 1
table of contents the following table discloses purchases of shares of our common stock made by us or on our behalf during the fourth quarter of 2015 .
period total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .

Period
Total Numberof SharesPurchased
AveragePrice Paidper Share
Total Number ofShares NotPurchased as Part ofPublicly AnnouncedPlans or Programs (a)
Total Number ofShares Purchased asPart of PubliclyAnnounced Plans orPrograms
Approximate DollarValue of Shares thatMay Yet Be PurchasedUnder the Plans orPrograms (b)
October 2015
1,658,771
$62.12
842,059
816,712
$2.0 billion
November 2015
2,412,467
$71.08
212,878
2,199,589
$1.8 billion
December 2015
7,008,414
$70.31
980
7,007,434
$1.3 billion
Total
11,079,652
$69.25
1,055,917
10,023,735
$1.3 billion

( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2015 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .
( b ) on july 13 , 2015 , we announced that our board of directors approved our purchase of $ 2.5 billion of our outstanding common stock ( with no expiration date ) , which was in addition to the remaining amount available under our $ 3 billion program previously authorized .
during the third quarter of 2015 , we completed our purchases under the $ 3 billion program .
as of december 31 , 2015 , we had $ 1.3 billion remaining available for purchase under the $ 2.5 billion program. .

Question: Analyse this data from a financial earnings document. as of december 31 , 2015 , what was the percent of the $ 2.5 billion program remaining available for purchase
Choices:
-1.98
0.52
-0.52
24.85
0.43
Correct choice index: 1
ALTERNATIVE PERFORMANCE MEASURES
Time Charter Equivalent (TCE) earnings:
TORM defines TCE earnings, a performance measure, as revenue after port expenses, bunkers and commissions incl. freight and bunker derivatives. The Company reports TCE earnings because we believe it provides additional meaningful information to investors in relation to revenue, the most directly comparable IFRS measure. TCE earnings is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company’s performance irrespective of changes in the mix of charter types (i.e. spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods. Below is presented a reconciliation from Revenue to TCE earnings:

USDm
2019
2018
2017
Reconciliation to revenue
Revenue
692.6
635.4
657.0
Port expenses, bunkers and commissions
-267.7
-283.0
-259.9
TCE earnings
424.9
352.4
397.1


Question: Analyse this data from a financial earnings document. What was the change in TCE earnings in 2019 from 2018?
Choices:
777.3
0
149734.8
-72.5
72.5
Correct choice index: 4
Management Discussion and Analysis
Capital Management and Dividend Policy
Notes: (1) Net debt is defined as gross debt less cash and bank balances adjusted for related hedging balances.
(2) Net debt gearing ratio is defined as the ratio of net debt to net capitalisation. Net capitalisation is the aggregate of net debt, shareholders’ funds and non-controlling interests.
(3) Interest cover refers to the ratio of EBITDA and share of associates’ pre-tax profits to net interest expense.
As at 31 March 2019, the Group’s net debt was S$9.9 billion, stable from a year ago. 

As at 31 March 2019, the Group’s net debt was S$9.9 billion, stable from a year ago.
The Group has one of the strongest credit ratings among telecommunication companies in the Asia Pacific region. Singtel is currently rated A1 by Moody’s and A+ by S&P Global Ratings. The Group continues to maintain a healthy capital structure. 

The Group has one of the strongest credit ratings among telecommunication companies in the Asia Pacific region. Singtel is currently rated A1 by Moody’s and A+ by S&P Global Ratings. The Group continues to maintain a healthy capital structure.
For the financial year ended 31 March 2019, the total ordinary dividend payout, including the proposed final dividend, was 17.5 cents per share or 101% of the Group’s underlying net profit and 88% of the Group’s free cash flow (after interest and tax payments). 

For the financial year ended 31 March 2019, the total ordinary dividend payout, including the proposed final dividend, was 17.5 cents per share or 101% of the Group’s underlying net profit and 88% of the Group’s free cash flow (after interest and tax payments).
Singtel is committed to delivering dividends that increase over time with growth in underlying earnings, while maintaining an optimal capital structure and investment grade credit ratings. Barring unforeseen circumstances, it expects to maintain its ordinary dividends at 17.5 cents per share for the next financial year ending 31 March 2020.

Financial Year ended 31 March
Group
2019
2018
Gross debt (S$ million)
10,396
10,402
Net debt (1) (S$ million)
9,883
9,877
Net debt gearing ratio (2) (%)
24.9
24.9
Net debt to EBITDA and share of associates’ pre-tax proﬁts (number of times)
1.6
1.3
Interest cover (3) (number of times)
16.2
20.1


Question: Analyse this data from a financial earnings document. What is the average gross debt across the 2 years?
Choices:
0
5210
10399
20798
10396
Correct choice index: 2
Operating Income (Loss) by Business Unit
Percentages reflect operating income (loss) as a percentage of revenue for each business unit.
CNBU operating income for 2019 decreased from 2018 primarily due to declines in pricing and higher R&D costs, partially offset by cost reductions. MBU operating income for 2019 decreased from 2018 primarily due to declines in pricing partially offset by increases in sales of high-value managed NAND products and manufacturing cost reductions. SBU operating margin for 2019 declined from 2018 primarily due to declines in pricing, which were partially offset by manufacturing cost reductions and increases in sales volumes. SBU operating results for 2019 and 2018 were adversely impacted by the underutilization charges at IMFT. EBU operating income for 2019 decreased from 2018 as a result of declines in pricing and higher R&D costs partially offset by manufacturing cost reductions and increases in sales volumes.
CNBU operating income for 2018 improved from 2017 primarily due to improved pricing and higher sales volumes resulting from strong demand for our products combined with manufacturing cost reductions. MBU operating income for 2018 improved from 2017 primarily due to increases in pricing and sales volumes for LPDRAM products, higher sales of high-value managed NAND products, and manufacturing cost reductions. SBU operating income for 2018 improved from 2017 primarily due to manufacturing cost reductions enabled by our execution in transitioning to 64-layer TLC 3D NAND products and improvements in product mix. SBU operating income for 2018 was adversely impacted by higher costs associated with IMFT's production of 3D XPoint memory products at less than full capacity. EBU operating income for 2018 increased as compared to 2017 as a result of increases in average selling prices, manufacturing cost reductions, and increases in sales volumes, partially offset by higher R&D costs.

For the year ended
2019
2019
2018
2018
2017
2017
CNBU
$4,645
47%
$9,773
64%
$3,755
44%
MBU
2,606
41%
3,033
46%
927
21%
SBU
(386)
(10)%
964
19%
552
12%
EBU
923
29%
1,473
42%
975
36%
All Other
13
18%
—
—%
23
35%
$7,801
$15,243
$6,232


Question: Analyse this data from a financial earnings document. What is the difference between EBU operating income in 2017 and 2018?
Choices:
-477
-975
0
498
1473
Correct choice index: 3
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 difference in useful lives between buildings and that of Furniture and fixtures?
Choices:
7
0
-13
13
20
Correct choice index: 3
entergy louisiana , llc management's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .
following is an analysis of the change in net revenue comparing 2008 to 2007 .
amount ( in millions ) .

Amount (In Millions)
2007 net revenue
$991.1
Retail electric price
(17.1)
Purchased power capacity
(12.0)
Net wholesale revenue
(7.4)
Other
4.6
2008 net revenue
$959.2

the retail electric price variance is primarily due to the cessation of the interim storm recovery through the formula rate plan upon the act 55 financing of storm costs and a credit passed on to customers as a result of the act 55 storm cost financing , partially offset by increases in the formula rate plan effective october 2007 .
refer to "hurricane rita and hurricane katrina" and "state and local rate regulation" below for a discussion of the interim recovery of storm costs , the act 55 storm cost financing , and the formula rate plan filing .
the purchased power capacity variance is due to the amortization of deferred capacity costs effective september 2007 as a result of the formula rate plan filing in may 2007 .
purchased power capacity costs are offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges .
see "state and local rate regulation" below for a discussion of the formula rate plan filing .
the net wholesale revenue variance is primarily due to provisions recorded for potential rate refunds related to the treatment of interruptible load in pricing entergy system affiliate sales .
gross operating revenue and , fuel and purchased power expenses gross operating revenues increased primarily due to an increase of $ 364.7 million in fuel cost recovery revenues due to higher fuel rates offset by decreased usage .
the increase was partially offset by a decrease of $ 56.8 million in gross wholesale revenue due to a decrease in system agreement rough production cost equalization credits .
fuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by a decrease in the recovery from customers of deferred fuel costs. .

Question: Analyse this data from a financial earnings document. what is the net change in net revenue during 2008?
Choices:
-36.5
18.5
-31.9
30.5
-17.1
Correct choice index: 2
CUSTOMER STATISTICS
(1) Excludes 251,379 primary services units (130,404 Internet services, 87,873 video services and 33,102 telephony services) from the MetroCast acquisition completed in the second quarter of fiscal 2018.
(2) As a percentage of homes passed.
(3) In the first quarter of fiscal 2019, the number of homes passed in the American broadband services segment have been adjusted upwards in order to reflect the number of non-served multi-dwelling unit passings within the footprint and consequently, the penetration as a percentage of homes passed for fiscal 2018 have also been adjusted.
INTERNET Fiscal 2019 Internet service customers net additions stood at 21,189 compared to 21,417 for the prior year as a result of: • additional connects related to the Florida expansion initiatives and in the MetroCast footprint; • our customers' ongoing interest in high speed offerings; and • growth in both the residential and business sectors.
VIDEO Fiscal 2019 video service customers net losses stood at 4,697 compared to 6,760 for the prior year mainly from: • competitive offers in the industry; and • a changing video consumption environment; partly offset by • our customers' ongoing interest in TiVo's digital advanced video services; and • the activation of bulk properties in Florida during the fourth quarter of fiscal 2019.
TELEPHONY Fiscal 2019 telephony service customers net additions stood at 489 compared to 5,594 for the prior year mainly as a result of the growth in the business sector, partly offset by a decline in the residential sector.
DISTRIBUTION OF CUSTOMERS At August 31, 2019, 52% of the American broadband services segment's customers enjoyed "double play" or "triple play" bundled services.

Net additions (losses)
% of penetration(2)(3)
August 31, 2019
August 31, 2019
August 31, 2018 (1)
August 31, 2019
August 31, 2018 (3)
Primary service units
901,446
16,981
20,251
Internet service customers
446,137
21,189
21,417
50.8
49.7
Video service customers
312,555
(4,697)
(6,760)
35.6
37.1
Telephony service customers
142,754
489
5,594
16.2
16.6


Question: Analyse this data from a financial earnings document. What was the average increase / (decrease) in internet service customers between 2018 and 2019?
Choices:
21303
9
-21303
10708
857
Correct choice index: 0
4. Segmental information
IFRS 8 ‘Operating segments’ requires the Group to determine its operating segments based on information which is provided internally. Based on the internal reporting information and management structures within the Group, it has been determined that there is only one operating segment, being the Group, as the information reported includes operating results at a consolidated Group level only. This reflects the nature of the business, where the major cost is to support the IT platforms upon which all of the Group’s customers are serviced. These costs are borne centrally and are not attributable to any specific customer type or revenue stream. There is also considered to be only one reporting segment, which is the Group, the results of which are shown in the Consolidated income statement.
Management has determined that there is one operating and reporting segment based on the reports reviewed by the Operational Leadership Team (‘OLT’) which is the chief operating decision-maker (‘CODM’). The OLT is made up of the Executive Directors and Key Management and is responsible for the strategic decision-making of the Group.
The OLT primarily uses the statutory measures of Revenue and Operating profit to assess the performance of the one operating segment. To assist in the analysis of the Group’s revenue-generating trends, the OLT reviews revenue at a disaggregated level as detailed within note 5. The revenue from external parties reported to the OLT is measured in a manner consistent with that in the income statement.
A reconciliation of the one segment’s Operating profit to Profit before tax is shown below.
Following the application of IFRS 16, profit before tax for the year ended 31 March 2018 has been restated (note 2).

2019
(Restated) 2018
£m
£m
Total segment Revenue
355.1
330.1
Total segment Operating profit
243.7
221.3
Finance costs – net
(10.2)
(10.6)
Profit on the sale of subsidiary
8.7
–
Profit before tax
242.2
210.7


Question: Analyse this data from a financial earnings document. What was the change in Total segment Operating profit in 2019 from 2018?
Choices:
-22.4
20.9
22.4
465
0
Correct choice index: 2
s c h e d u l e i v ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2009 , 2008 , and 2007 ( in millions of u.s .
dollars , except for percentages ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .

For the years ended December 31, 2009, 2008, and 2007(in millions of U.S. dollars, except for percentages)
Direct Amount
Ceded To Other Companies
Assumed From Other Companies
Net Amount
Percentage of Amount Assumed to Net
2009
$15,415
$5,943
$3,768
$13,240
28%
2008
$16,087
$6,144
$3,260
$13,203
25%
2007
$14,673
$5,834
$3,458
$12,297
28%

.

Question: Analyse this data from a financial earnings document. what percent of the direct amount is assumed from other companies in 2009 , ( in millions ) ?
Choices:
0.00002
0.22433
0.23423
0.00024
0.24444
Correct choice index: 4