trismik/FinRAG huggingface dataset:
In 2019 we recognized other income, net of expenses, of $103 million, increasing compared to $53 million in 2018, mainly benefitting from the grants associated with the programs part of the European Commission IPCEI in Italy and in France, partially offset by a higher level of start-up costs associated with the production ramp up of the 200 mm fab recently acquired from Micron Technology Inc. in Singapore.
In 2018 we recognized other income, net of expenses, of $53 million, slightly decreasing compared to $55 million in 2017, mainly due to lower level of R&D grants.

Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
(In millions)
(In millions)
(In millions)
Research and development funding
$132
$52
$65
Phase-out and start-up costs
(38)
(1)
(8)
Exchange gain (loss), net
—
4
4
Patent costs
(1)
(8)
(9)
Gain on sale of businesses and non-current assets
7
8
4
Other, net
3
(2)
(1)
Other income and expenses, net
$103
$53
$55
As percentage of net revenues
1.1%
0.5%
0.7%


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Research and development funding from 2017 to 2019?
Choices:
133
67
29
-12
197
Correct choice index: 1
5. Goodwill and Purchased Intangible Assets
(b) Purchased Intangible Assets
The following table presents the amortization of purchased intangible assets (in millions):

Years Ended
July 27, 2019
July 28, 2018
July 29, 2017
Amortization of purchased intangible assets:
Cost of sales .
$624
$640
$556
Operating expenses
Amortization of purchased intangible assets
150
221
259
Restructuring and other charges
—
—
38
Total  .
$774
$861
$853


Question: Analyse this data from a financial earnings document. What was the change in cost of sales between 2017 and 2018?
Choices:
355840
84
68
218
84000000
Correct choice index: 1
Contract costs As discussed in the Significant Accounting Policies Note, Topic 606 requires the recognition of an asset for incremental costs to obtain a customer contract, which is then amortized to expense, over the respective period of expected benefit. The Partnership recognizes a contract asset for incremental commission costs paid to Verizon Wireless personnel and agents in conjunction with obtaining customer contracts.
The costs are only deferred when it is determined the commissions are incremental costs that would not have been incurred absent the customer contract and are expected to be recovered. Costs to obtain a contract are amortized and recorded ratably as commission expense over the period representing the transfer of goods or services to which the assets relate. Costs to obtain contracts are amortized over the customers' estimated device upgrade cycle of two to three years, as such costs are typically incurred each time a customer upgrades their equipment.
The amortization periods for the costs incurred to obtain a customer contract is determined at a portfolio level due to the similarities within these customer contract portfolios. Other costs, such as general costs or costs related to past performance obligations, are expensed as incurred. Deferred contract costs are classified as current or non-current within prepaid expenses and other, and other assets – net, respectively. The balances of deferred contract costs as of December 31, 2019 and 2018, included in the balance sheet were as follows:
For the years ended December 31, 2019 and 2018, the Partnership recognized expense of $3,126 and $2,161, respectively, associated with the amortization of deferred contract costs, primarily within selling, general and administrative expenses in the statements of income.
Deferred contract costs are assessed for impairment on an annual basis. An impairment charge is recognized to the extent the carrying amount of a deferred cost exceeds the remaining amount of consideration expected to be received in exchange for the goods and services related to the cost, less the expected costs related directly to providing those goods and services that have not yet been recognized as expenses. There have been no impairment charges recognized for the year ended December 31, 2019 and 2018.

2019
2018
Assets
Prepaid expenses and other
$ 3,027
$ 2,347
Other assets - net
1,824
1,831
Total
$ 4,851
$ 4,178


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the prepaid expenses and other assets from 2018 to 2019?
Choices:
2504
680
0
-186
-1151
Correct choice index: 1
entergy mississippi , inc .
management's financial discussion and analysis results of operations net income 2008 compared to 2007 net income decreased $ 12.4 million primarily due to higher other operation and maintenance expenses , lower other income , and higher depreciation and amortization expenses , partially offset by higher net revenue .
2007 compared to 2006 net income increased $ 19.8 million primarily due to higher net revenue , lower other operation and maintenance expenses , higher other income , and lower interest expense , partially offset by higher depreciation and amortization expenses .
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
$486.9
Attala costs
9.9
Rider revenue
6.0
Base revenue
5.1
Reserve equalization
(2.4)
Net wholesale revenue
(4.0)
Other
(2.7)
2008 net revenue
$498.8

the attala costs variance is primarily due to an increase in the attala power plant costs that are recovered through the power management rider .
the net income effect of this recovery in limited to a portion representing an allowed return on equity with the remainder offset by attala power plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes .
the recovery of attala power plant costs is discussed further in "liquidity and capital resources - uses of capital" below .
the rider revenue variance is the result of a storm damage rider that became effective in october 2007 .
the establishment of this rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense for the storm reserve with no effect on net income .
the base revenue variance is primarily due to a formula rate plan increase effective july 2007 .
the formula rate plan filing is discussed further in "state and local rate regulation" below .
the reserve equalization variance is primarily due to changes in the entergy system generation mix compared to the same period in 2007. .

Question: Analyse this data from a financial earnings document. what is the percent change in net revenue between 2007 and 2008?
Choices:
-0.97453
1
-0.02444
486.87556
0.02444
Correct choice index: 4
ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN
The terms adjusted EBITDA and adjusted EBITDA margin do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other issuers.
We define adjusted EBITDA as operating revenues less operating costs as shown in BCE’s consolidated income statements. Adjusted EBITDA for BCE’s segments is the same as segment profit as reported in Note 3, Segmented information, in BCE’s 2019 consolidated financial statements. We define adjusted EBITDA margin as adjusted EBITDA divided by operating revenues.
We use adjusted EBITDA and adjusted EBITDA margin to evaluate the performance of our businesses as they reflect their ongoing profitability. We believe that certain investors and analysts use adjusted EBITDA to measure a company’s ability to service debt and to meet other payment obligations or as a common measurement to value companies in the telecommunications industry. We believe that certain investors and analysts also use adjusted EBITDA and adjusted EBITDA margin to evaluate the performance of our businesses. Adjusted EBITDA is also one component in the determination of short-term incentive compensation for all management employees.
Adjusted EBITDA and adjusted EBITDA margin have no directly comparable IFRS financial measure. Alternatively, the following table provides a reconciliation of net earnings to adjusted EBITDA.

2019
2018
Net earnings
3,253
2,973
Severance, acquisition and other costs
114
136
Depreciation
3,496
3,145
Amortization
902
869
Finance costs
Interest expense
1,132
1,000
Interest on post-employment benefit obligations
63
69
Other expense
13
348
Income taxes
1,133
995
Adjusted EBITDA
10,106
9,535
BCE operating revenues
23,964
23,468
Adjusted EBITDA margin
42.2%
40.6%


Question: Analyse this data from a financial earnings document. What is the total net earnings in 2018 and 2019?
Choices:
4155
5946
6226
0
6118
Correct choice index: 2
issuer purchases of equity securities period total number of shares ( or units ) purchased average price paid per share ( or unit ) total number of shares ( or units ) purchased as part of publicly announced plans or programs maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs ( in millions ) month #1 ( october 1 , 2014 october 31 , 2005 ) .
.
.
.
.
.
.
.
.
.
.
.
.
.
1119600 $ 34.52 1119600 $ 285.3 month #2 ( november 1 , 2014 november 30 , 2005 ) .
.
.
.
.
.
.
.
.
.
.
.
.
738200 36.03 738200 258.7 month #3 ( december 1 , 2014 december 31 , 2005 ) .
.
.
.
.
.
.
.
.
.
.
.
.
1147700 37.06 1147700 216.2 .

Period
(a)   Total Number   of Shares   (or Units)   Purchased
(b)   Average Price   Paid per Share   (or Unit)
(c)   Total Number of   Shares (or Units)   Purchased as Part   of Publicly   Announced Plans   or Programs
(d)   Maximum Number   (or Approximate   Dollar Value) of   Shares (or Units)   that May Yet Be   Purchased Under the   Plans or Programs   (in millions)
Month #1 (October 1, — October 31, 2005)
1,119,600
$34.52
1,119,600
$285.3
Month #2 (November 1, — November 30, 2005)
738,200
36.03
738,200
258.7
Month #3 (December 1, — December 31, 2005)
1,147,700
37.06
1,147,700
216.2
Total
3,005,500
$35.86
3,005,500
$216.2

the share purchases reflected in the table above were made pursuant to our $ 500.0 million repurchase program approved by our board of directors in april 2005 .
this share repurchase program does not have an expiration date .
no share repurchase program approved by our board of directors has ever expired nor do we expect to terminate any program prior to completion .
we intend to make additional share purchases under our existing repurchase program up to an aggregate of $ 216.2 million and under the additional $ 275.0 million program authorized by our board of directors in january 2006. .

Question: Analyse this data from a financial earnings document. what was the percent of the period month #1 ( october 1 2014 october 31 2005 ) as part of the total of total number of shares ( or units ) purchased
Choices:
-1885900
0.00007
0.37252
2.68444
37.25171
Correct choice index: 2
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
3. PROPERTY AND EQUIPMENT
Property and equipment (including assets held under finance leases) consisted of the following:
(1) Assets on leased land are depreciated over the shorter of the estimated useful life of the asset or the term of the corresponding ground lease taking into consideration lease renewal options and residual value.
(2) Includes fiber and DAS assets.
(3) Estimated useful lives apply to improvements only.

Estimated Useful Lives (years) (1)
December 31, 2019
December 31, 2018
Towers
Up to 20
$13,930.7
$12,777.9
Equipment (2)
2 - 20
1,897.3
1,667.3
Buildings and improvements
3 - 32
638.9
628.5
Land and improvements (3)
Up to 20
2,486.1
2,285.4
Construction-in-progress
372.6
358.1
Total
19,325.6
17,717.2
Less accumulated depreciation
(7,241.2)
(6,470.1)
Property and equipment, net
$12,084.4
$11,247.1


Question: Analyse this data from a financial earnings document. What was the change in Land and improvements between 2018 and 2019?
Choices:
0
-9526.6
4771.5
200.7
-200.7
Correct choice index: 3
Insurance Segment
(1) The Insurance segment revenues are inclusive of realized and unrealized gains and net investment income for the year ended December 31, 2019 and 2018. Such adjustments are related to transactions between entities under common control which are eliminated or are reclassified in consolidation.
Life, accident and health earned premiums, net: Life, accident and health earned premiums, net from our Insurance segment for the year ended December 31, 2019 increased $22.4 million to $116.8 million from $94.4 million for the year ended December 31, 2018. The increase was primarily due to the premiums generated from the acquisition of KIC in 2018.
Net investment income: Net investment income from our Insurance segment for the year ended December 31, 2019 increased $95.8 million to $212.9 million from $117.1 million for the year ended December 31, 2018. The increase was primarily due to the income generated from the assets acquired in the KIC acquisition, higher average invested assets as a result of the reinvestment of premiums and investment income received, and to a lesser extent, rotation into higher-yielding investments.
Net realized and unrealized gains on investments: Net realized and unrealized gains on investments from our Insurance segment for the year ended December 31, 2019 decreased $3.7 million to $1.9 million from $5.6 million for the year ended December 31, 2018. The decrease was driven by smaller realized gains on bonds and common stocks, higher impairments, and losses on fair value changes on interest only bonds in 2019. The decrease was offset by overall improvement in fair value changes in equity securities and realized gains on mortgage loans in 2019.

Years Ended December 31,
2019
2018
Increase / (Decrease)
Life, accident and health earned premiums, net
$116.8
$94.4
$22.4
Net investment income
212.9
117.1
95.8
Net realized and unrealized gains on investments
1.9
5.6
(3.7)
Net revenue
331.6
217.1
114.5
Policy benefits, changes in reserves, and commissions
234.4
197.3
37.1
Selling, general and administrative
35.7
30.4
5.3
Depreciation and amortization
(23.1)
(12.4)
(10.7)
Other operating expense
47.3
—
47.3
Income from operations (1)
$37.3
$1.8
$35.5


Question: Analyse this data from a financial earnings document. What is the average net investment income?
Choices:
213
165
0
118
330
Correct choice index: 1
Europe
Europe net revenues increased $749,000 in 2019 compared to 2018 (see “Revenues” above). Europe expenses increased $1.3 million from 2018 to 2019 primarily due to increased marketing costs.
Foreign currency movements relative to the U.S. dollar negatively impacted our local currency income from our operations in Europe by approximately $207,000 and $181,000 for 2019 and 2018, respectively.

Year Ended December 31,
2019
2018
(In thousands)
Revenues
$36,898
$36,149
Income from operations
$4,461
$4,973
Income from operations as a % of revenues
12%
14%


Question: Analyse this data from a financial earnings document. What is the average income from operations in 2018 and 2019?
Choices:
20561
67386
4973
-256
4717
Correct choice index: 4
Amortization of Intangible Assets: Substantially all of our intangible assets were acquired through our business combinations. We amortize our intangible assets over, and monitor the appropriateness of, the estimated useful lives of these assets. We also periodically review these intangible assets for potential impairment based upon relevant facts and circumstances. Note 6 of Notes to Consolidated Financial Statements included elsewhere in this Annual report has additional information regarding our intangible assets and related amortization.
Amortization of intangible assets increased in fiscal 2019 compared to fiscal 2018 primarily due to additional amortization from intangible assets, which primarily included developed technology that we acquired in connection with our recent acquisitions, partially offset by a reduction in expenses associated with certain of our intangible assets that became fully amortized.

Year Ended May 31,
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Developed technology
$857
13%
14%
$758
Cloud services and license support agreements and related relationships
712
-3%
-3%
731
Other
120
-9%
-9%
131
Total amortization of intangible assets
$1,689
4%
4%
$1,620


Question: Analyse this data from a financial earnings document. How much less did the company spend on "developed technology" in 2018 than 2019?
Choices:
99
-99
649606
75042
1615
Correct choice index: 0
Contractual Obligations
The following table summarizes our contractual obligations as of November 29, 2019:
As of November 29, 2019, our Term Loan’s carrying value was $2.25 billion. At our election, the Term Loan will bear interest at either (i) the London Interbank Offered Rate (“LIBOR”) plus a margin, based on our debt ratings, ranging from 0.500% to 1.000% or (ii) a base rate plus a margin, based on our debt ratings, ranging from 0.040% to 0.110%. Interest is payable periodically, in arrears, at the end of each interest period we elect. Based on the LIBOR rate at November 29, 2019, our estimated maximum commitment for interest payments was $23.2 million for the remaining duration of the Term Loan.
As of November 29, 2019, the carrying value of our Notes payable was $1.89 billion. Interest on our Notes is payable semi-annually, in arrears on February 1 and August 1. At November 29, 2019, our maximum commitment for interest payments was $200.1 million for the remaining duration of our Notes.
Our Term Loan and Revolving Credit Agreement contain similar financial covenants requiring us not to exceed a maximum leverage ratio. As of November 29, 2019, we were in compliance with this covenant. We believe this covenant will not impact our credit or cash in the coming fiscal year or restrict our ability to execute our business plan. Our senior notes do not contain any financial covenants.
Under the terms of our Term Loan and Revolving Credit Agreement, we are not prohibited from paying cash dividends unless payment would trigger an event of default or if one currently exists. We do not anticipate paying any cash dividends in the foreseeable future.

(in millions)
Payment Due by Period
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
Term Loan and Notes, including interest
$4,373.3
$3,227.0
$65.0
$65.0
$1,016.3
Operating lease obligations, net
711.5
88.7
158.0
126.9
337.9
Purchase obligations
2,036.5
545.0
935.8
555.7
—
Total
$7,121.3
$3,860.7
$1,158.8
$747.6
$1,354.2


Question: Analyse this data from a financial earnings document. What proportion of operating lease obligations (net) consists of payment obligations that due in less than a year?
Choices:
0.77
10.01
-88.58
0.12
0.09
Correct choice index: 3
NAVIOS MARITIME HOLDINGS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars — except share data)
Chartered-out vessels, barges and pushboats:
The future minimum revenue, net of commissions, (i) for dry bulk vessels, expected to be earned on non-cancelable time charters; and (ii) for the Company’s logistics business, expected to be earned on non-cancelable time charters, COA’s with minimum guaranteed volumes and contracts with minimum guaranteed throughput in Navios Logistics’ ports expected to be earned on non-cancelable time charters, are as follows:
Revenues from time charters are not generally received when a vessel is off-hire, which includes time required for scheduled maintenance of the vessel.

Dry bulk vessels
Logistics business
2020
22,266
129,437
2021
4,607
97,544
2022
3,445
75,425
2023
—
69,250
2024
—
60,200
2025 and thereafter
—
642,479
Total minimum revenue, net of commissions
$30,318
$1,074,335


Question: Analyse this data from a financial earnings document. What was the difference in the minimum revenue from dry bulk vessels between 2020 and 2021?
Choices:
26873
51591
-46984
18821
17659
Correct choice index: 4
risks relating to our business fluctuations in the financial markets could result in investment losses .
prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .
although financial markets have significantly improved since 2008 , they could deteriorate in the future .
there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .
such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings .
our results could be adversely affected by catastrophic events .
we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .
any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .
by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .

Calendar year:
Pre-tax catastrophe losses
(Dollars in millions)
2016
$301.2
2015
53.8
2014
56.3
2013
194.0
2012
410.0

our losses from future catastrophic events could exceed our projections .
we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .
we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .
these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .

Question: Analyse this data from a financial earnings document. what was the change in the amount of pre-tax catastrophe losses from 2015 to 2016 in millions
Choices:
140.2
0
24740
247.4
356.2
Correct choice index: 3
9. Net interest income/interest expenses
The interest result can be broken down as follows:
Interest income and interest expenses from financial instruments are assigned to the measurement categories according to IFRS 9 on the basis of the underlying transactions.
The interest expenses included here (of the measurement categories in accordance with IFRS 9) primarily include interest expenses for issued bonds (including the Commercial Paper Programme) of €41 million (2017/18: €55 million) and for liabilities to banks of €19 million (2017/18: €12 million).
The decline in interest expenses was primarily the result of more favourable refinancing terms.

€ million
2017/2018
2018/2019
Interest income
27
29
thereof finance leases
(0)
(0)
thereof from post-employment benefits plans
(5)
(7)
thereof from financial instruments of the measurement categories according to IFRS 9 (previous year: IAS39):
(16)
(12)
Interest expenses
−163
−148
thereof finance leases
(−51)
(−49)
thereof from post-employment benefits plans
(−16)
(−15)
thereof from financial instruments of the measurement categories according to IFRS9 (previous year: IAS39)
(−79)
(−69)
Interest result
−136
−119


Question: Analyse this data from a financial earnings document. What was the change in interest income in 2018/2019 from 2017/2018?
Choices:
-32
10
2
57
2000
Correct choice index: 2