trismik/FinRAG huggingface dataset:
3.1 OPERATING RESULTS
(1) Fiscal 2019 average foreign exchange rate used for translation was 1.3255 USD/CDN.
(2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued
operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(3) Fiscal 2019 actuals are translated at the average foreign exchange rate of fiscal 2018 which was 1.2773 USD/CDN.

Years ended August 31,
2019 (1)
2018 (2)
Change
Change in constant currency (3)
Foreign exchange impact (3)
(in thousands of dollars, except percentages)
$
$
%
%
$
Revenue
2,331,820
2,147,404
8.6
6.8
37,433
Operating Expenses
1,203,980
1,121,625
7.3
5.4
21,636
Management fees – Cogeco Inc.
19,900
18,961
5.0
5.0
-
Adjusted EBITDA
1,107,940
1,006,818
10.0
8.5
15,797
Adjusted EBITDA margin
47.5%
46.9%


Question: Analyse this data from a financial earnings document. What was the average operating expenses between 2018 and 2019?
Choices:
2325605
1162802.5
601990.2
1
41177.5
Correct choice index: 1
Other Defined Benefit Plans
We maintain various defined benefit plans to provide termination and postretirement benefits to certain eligible employees outside of the U.S. We also provide disability benefits to certain eligible employees in the U.S. Eligibility is determined based on the terms of our plans and local statutory requirements.
Funded Status
The funded status of our postretirement health care and other defined benefit plans, which is recognized in other long-term liabilities in our consolidated balance sheets, was as follows (in millions):

April 26, 2019
April 27, 2018
Fair value of plan assets
$ 31
$ 25
Benefit obligations
(61)
(53)
Unfunded obligations
$(30)
$(28)


Question: Analyse this data from a financial earnings document. What was the change in the fair value of plan assets between 2018 and 2019?
Choices:
6000
6
0
56
-6
Correct choice index: 1
Geographic Revenue
In addition to the revenue presentation by reportable segment, we also measure revenue performance on a geographic basis.
Total revenue of $77,147 million in 2019 decreased 3.1 percent year to year as reported (1 percent adjusted for currency), but increased 0.2 percent excluding divested businesses and adjusted for currency.
Americas revenue decreased 1.9 percent as reported (1 percent adjusted for currency), but grew 1 percent excluding divested businesses and adjusted for currency. Within North America, the U.S. decreased 2.4 percent and Canada increased 4.0 percent as reported (6 percent adjusted for currency). Latin America declined as reported but grew adjusted for currency. Within Latin America, Brazil declined 4.8 percent as reported, but was flat adjusted for currency.
EMEA revenue decreased 4.1 percent as reported, but was essentially flat adjusted for currency and increased 1 percent excluding divested businesses and adjusted for currency. As reported, the U.K., France and Italy decreased 2.9 percent, 4.1 percent and 1.3 percent, respectively, but grew 1 percent, 1 percent and 4 percent, respectively, adjusted for currency. Germany decreased 7.9 percent as reported and 3 percent adjusted for currency. The Middle East and Africa region decreased 3.5 percent as reported and 2 percent adjusted for currency.
Asia Pacific revenue decreased 4.0 percent as reported (3 percent adjusted for currency) and 2 percent excluding divested businesses and adjusted for currency. Japan increased 2.3 percent as reported and 1 percent adjusted for currency.
Australia decreased 17.3 percent as reported and 11 percent adjusted for currency. China decreased 13.4 percent as reported and 11 percent adjusted for currency and India decreased 8.1 percent as reported and 5 percent adjusted for currency.

($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent Change
Yr.-to-Yr. Percent Change Adjusted for Currency
Yr.-to-Yr. Percent Change Excluding Divested Businesses And Adjusted for Currency
Total revenue
$77,147
$79,591
(3.1)%
(1.0)%
0.2%
Americas
$36,274
$36,994
(1.9)%
(1.1)%
0.8%
Europe/Middle East/Africa
24,443
25,491
(4.1)
0.4
1.3
Asia Pacific
16,430
17,106
(4.0)
(3.0)
(2.5)


Question: Analyse this data from a financial earnings document. What percentage of total revenue was Americas Revenue in 2019?
Choices:
-47.02
47.02
1511416.67
0.47
10000
Correct choice index: 1
Our net sales to significant customers as a percentage of total net sales were as follows:
We sell parts to these three transportation customers for certain vehicle platforms under purchase agreements that have no volume commitments and are subject to purchase orders issued from time to time.
No other customer accounted for 10% or more of total net sales during these periods. We continue to focus on broadening our customer base to diversify our end market exposure.
Changes in the level of our customers' orders have, in the past, had a significant impact on our operating results. If a major customer reduces the amount of business it does with us, or substantially changes the terms of that business, there could be an adverse impact on our operating results

Years Ended December 31,
2019
2018
2017
Cummins Inc.
16.1%
15.2%
13.4%
Honda Motor Co.
11.6%
10.5%
11.2%
Toyota Motor Corporation
9.6%
10.5%
10.2%


Question: Analyse this data from a financial earnings document. What was the sum of the percentages of total net sales between Honda Motor Co. and Toyota Motor Corporation in 2017?
Choices:
22.4
11.4
21.4
32.6
10.3
Correct choice index: 2
Prepayments
Prepayments consist of the following and are included in prepayments and other current assets on the balance sheet:

2019
2018
(in thousands)
Contract manufacturer and supplier prepayments
$143,392
$131,642
Prepaid taxes
8,046
9,646
Prepaid maintenance and other services
8,503
8,487
Other prepayments
16,753
12,744
Total prepayments
$176,694
$162,519


Question: Analyse this data from a financial earnings document. What was the change in prepaid taxes from 2018 to 2019?
Choices:
-8707
1
1600
-160000
-1600
Correct choice index: 4
Debt
Our funding requirements are continually monitored and we execute our strategies to manage the overall asset and liability profile. Additionally, we maintain sufficient flexibility to access global funding sources as needed.
Total debt of $62,899 million increased $17,087 million from December 31, 2018, driven by issuances of $32,415 million; partially offset by debt maturities of $12,673 million and a decrease in commercial paper of $2,691 million.
Non-Global Financing debt of $38,173 million increased $23,587 million from prior year-end levels primarily driven by issuances to fund the Red Hat acquisition.
Global Financing debt of $24,727 million decreased $6,500 million from December 31, 2018, primarily due to the wind down of OEM IT commercial financing operations.
Global Financing provides financing predominantly for IBM’s external client assets, as well as for assets under contract by other IBM units. These assets, primarily for GTS, generate long-term, stable revenue streams similar to the Global Financing asset portfolio. Based on their attributes, these GTS assets are leveraged with the balance of the Global Financing asset base.
The debt used to fund Global Financing assets is composed of intercompany loans and external debt. Total debt changes generally correspond with the level of client and commercial financing receivables, the level of cash and cash equivalents, the change in intercompany and external payables and the change in intercompany investment from IBM. The terms of the intercompany loans are set by the company to substantially match the term, currency and interest rate variability underlying the financing receivable and are based on arm’s-length pricing. The Global Financing debt-to-equity ratio remained at 9 to 1 at December 31, 2019.
As previously stated, we measure Global Financing as a stand-alone entity, and accordingly, interest expense relating to debt supporting Global Financing’s external client and internal business is included in the “Global Financing Results of Operations” and in note D, “Segments.” In the Consolidated Income Statement, the external debt-related interest expense supporting Global Financing’s internal financing to IBM is reclassified from cost of financing to interest expense.

($ in millions)
At December 31:
2019
2018
Total company debt
$62,899
$45,812
Total Global Financing segment debt
$24,727
$31,227
Debt to support external clients
21,487
27,536
Debt to support internal clients
3,239
3,690
Non-Global Financing debt
38,173
14,585


Question: Analyse this data from a financial earnings document. What was the average Debt to support external clients?
Choices:
1.3
24511.5
49023
0.4
1
Correct choice index: 1
comparison of five-year cumulative total return the following graph compares the cumulative total return on citigroup 2019s common stock with the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2009 .
the graph assumes that $ 100 was invested on december 31 , 2004 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested .
citigroup s&p 500 index s&p financial index 2005 2006 2007 2008 2009 comparison of five-year cumulative total return for the years ended .

DECEMBER 31
CITIGROUP
S&P 500 INDEX
S&P FINANCIAL INDEX
2005
104.38
104.83
106.30
2006
124.02
121.20
126.41
2007
70.36
127.85
103.47
2008
18.71
81.12
47.36
2009
9.26
102.15
55.27

.

Question: Analyse this data from a financial earnings document. what was the percent of the decline on the citigroup cumulative total return from 2007 to 2008
Choices:
-2.76056
-0.4927
-0.40399
-734.08186
-0.73408
Correct choice index: 4
Other Income (Expense)
Interest income in 2019 increased by $0.4 million due to an increase in interest income earned on investment securities and money market portfolios.
Interest expense in 2019 decreased by $6.6 million due to the payoff of the 1.50% convertible notes due July 1, 2018 with a principal amount of $253.0 million (the “2018 Notes”) in the third quarter of 2018. Refer to the section titled “Liquidity and Capital Resources” for additional information on the convertible notes.
Other, net primarily included foreign exchange gains and losses related to transactions denominated in foreign currencies, as well as foreign exchange gains and losses related to our intercompany loans and certain cash accounts. Foreign exchange gains and losses for the years ended December 31, 2019, 2018, and 2017, were primarily driven by fluctuations in the euro and US dollar in relation to the British pound.

Year Ended December 31,
2019
2018
2017
(in thousands)
Interest income
$8,178
$7,796
$2,951
Interest expense
(21,559)
(28,176)
(14,762)
Other, net
84
(3,098)
1,478
Other expense, net
$(13,297)
$(23,478)
$(10,333)


Question: Analyse this data from a financial earnings document. What is the average interest income from 2017-2019?
Choices:
892.33
56775
6308.33
-3.7
0
Correct choice index: 2
and penalties , resulting in a liability of $ 1 million for interest and penalties as of december 31 , 2018 .
in 2017 , there was a net decrease in income tax expense of $ 1 million for interest and penalties , resulting in no material liability for interest and penalties as of december 31 , 2017 .
the 2017 changes in interest and penalties related to statute of limitation expirations .
in 2016 , there was a net decrease in income tax expense of $ 2 million for interest and penalties , resulting in a total liability of $ 1 million for interest and penalties as of december 31 , 2016 .
the 2016 changes in interest and penalties related to reductions in prior year tax positions and settlement with a taxing authority .
the following table summarizes the tax years that are either currently under examination or remain open under the applicable statute of limitations and subject to examination by the major tax jurisdictions in which the company operates: .

Jurisdiction
Years
United States<sup>(1)</sup>
2011
-
2017
Connecticut
2016
-
2017
Mississippi
2012
-
2017
Virginia<sup>(1)</sup>
2011
-
2017

virginia ( 1 ) 2011 - 2017 ( 1 ) the 2014 tax year has been closed in these jurisdictions .
although the company believes it has adequately provided for all uncertain tax positions , amounts asserted by taxing authorities could be greater than the company's accrued position .
accordingly , additional provisions for federal and state income tax related matters could be recorded in the future as revised estimates are made or the underlying matters are effectively settled or otherwise resolved .
conversely , the company could settle positions with the tax authorities for amounts lower than have been accrued .
the company believes that it is reasonably possible that during the next 12 months the company's liability for uncertain tax positions may decrease by $ 14 million due to resolution of a federal uncertain tax position .
during 2013 the company entered into the pre-compliance assurance process with the irs for years 2011 and 2012 .
the company is part of the irs compliance assurance process program for the 2014 through 2018 tax years .
open tax years related to state jurisdictions remain subject to examination .
deferred income taxes - deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and for income tax purposes .
as described above , deferred tax assets and liabilities are calculated as of the balance sheet date using current tax laws and rates expected to be in effect when the deferred tax items reverse in future periods .
as a result of the reduction in the corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) under the tax act , the company revalued its net deferred tax assets as of december 31 , 2017 .
net deferred tax assets are classified as long-term deferred tax assets in the consolidated statements of financial position. .

Question: Analyse this data from a financial earnings document. what is the liability for interest and penalties as of december 31 , 2017?
Choices:
2
0
-11
0.0
-1
Correct choice index: 3
Income Taxes
nm - not meaningful
For fiscal 2018, the effective tax rate was different than the statutory rate due primarily to the impact of the Tax Act reform. The Company recorded a benefit of approximately $3.3 million resulting from the effect of a reduction in the deferred rate and the ability to offset indefinite lived deferred tax liabilities with certain deferred tax assets, recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, certain foreign and state tax effects including a benefit of $0.4 million related to a settlement with the California Franchise Tax Board and other U.S. permanent book to tax differences. At March 31, 2018, we had $198.7 million of a federal net operating loss carryforward that expires, if unused, in fiscal years 2031 to 2038.
For fiscal 2017, the effective tax rate was different than the statutory rate due primarily to the recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, state taxes and other U.S. permanent book to tax differences.
Although the timing and outcome of tax settlements are uncertain, it is reasonably possible that during the next 12 months a reduction in unrecognized tax benefits may occur in the range of zero to $0.1 million of tax and zero to $0.2 million of interest based on the outcome of tax examinations and as a result of the expiration of various statutes of limitations. We are routinely audited; due to the ongoing nature of current examinations in multiple jurisdictions, other changes could occur in the amount of gross unrecognized tax benefits during the next 12 months which cannot be estimated at this time.
Because of our losses in prior periods, we have recorded a valuation allowance offsetting substantially all of our deferred tax assets. The ultimate realization of deferred tax assets generated prior to Tax Act reform depends on the generation of future taxable income during the periods in which those temporary differences are deductible. Because of our losses in prior periods, management believes that it is more-likely-than-not that we will not realize the benefits of these deductible differences.

Year ended March 31,
(Unfavorable) favorable
(Dollars in thousands)
2018
2017
$
%
Income tax (benefit) expense
$ (3,251)
$ 236
$ 3,487
nm
Effective tax rate
(28.0)%
(2.1)%


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the effective tax rate from 2017 to 2018?
Choices:
25.9
-28.1
-25.9
14.1
-25900000
Correct choice index: 2
entergy corporation and subsidiaries notes to financial statements as of december 31 , 2008 , system energy had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) , which are recorded as long-term debt as follows : amount ( in thousands ) .

Amount (In Thousands)
2009
$47,760
2010
48,569
2011
49,437
2012
49,959
2013
50,546
Years thereafter
103,890
Total
350,161
Less: Amount representing interest
54,857
Present value of net minimum lease payments
$295,304

.

Question: Analyse this data from a financial earnings document. what percent of lease payments are due after 2013?
Choices:
87614.36185
0.29669
2.05536
-0.29669
1.89383
Correct choice index: 1
Issuer purchases of equity securities
Common stock repurchased in the three months ended December 31, 2019:
(1) Shares withheld to cover the option exercise price and tax withholding obligations under the net settlement provisions of our stock compensation awards have been included in these amounts.
(2) See "Stock repurchase program" in Item 7 of this Annual Report for additional information.

(in thousands, except per share amounts)
Total Number of Shares Purchased (1) (2)
Average Price Paid per Share (1) (2)
Total Number of Shares Purchased as Part of Publicly Announced Share Repurchase Program (2)
Approximate Dollar Value of Shares That May Yet Be Purchased at Period End Under Publicly Announced Share Repurchased Programs (2)
October 1, 2019 - October 31, 2019
24
$71.89
12
$45,484
November 1, 2019 - November 30, 2019
108
$75.63
-
$45,484
December 1, 2019 - December 31, 2019
144
$76.64
-
$45,484
Total
276
$75.83


Question: Analyse this data from a financial earnings document. What is the difference in the number of shares bought between October and November?
Choices:
-45400
-84
84
132
0
Correct choice index: 2
schlumberger limited and subsidiaries shares of common stock issued in treasury shares outstanding ( stated in millions ) .

Issued
In Treasury
Shares Outstanding
Balance, January 1, 2008
1,334
(138)
1,196
Shares sold to optionees less shares exchanged
–
5
5
Shares issued under employee stock purchase plan
–
2
2
Stock repurchase program
–
(21)
(21)
Issued on conversions of debentures
–
12
12
Balance, December 31, 2008
1,334
(140)
1,194
Shares sold to optionees less shares exchanged
–
4
4
Vesting of restricted stock
–
1
1
Shares issued under employee stock purchase plan
–
4
4
Stock repurchase program
–
(8)
(8)
Balance, December 31, 2009
1,334
(139)
1,195
Acquisition of Smith International, Inc.
100
76
176
Shares sold to optionees less shares exchanged
–
6
6
Shares issued under employee stock purchase plan
–
3
3
Stock repurchase program
–
(27)
(27)
Issued on conversions of debentures
–
8
8
Balance, December 31, 2010
1,434
(73)
1,361

see the notes to consolidated financial statements part ii , item 8 .

Question: Analyse this data from a financial earnings document. what was the average beginning and ending balance of shares in millions outstanding during 2009?
Choices:
2
1194.5
-1194.5
586.5
599
Correct choice index: 1
Gross profit
The recent shift in our revenue mix toward cloud arrangements has resulted in slower total gross profit growth as our cloud business continues to grow and scale. Revenue from cloud arrangements is generally recognized over the service period, while revenue from term and perpetual license arrangements is generally recognized upfront when the license rights become effective.
Gross profit
The increase in total gross profit in 2019 was primarily due to increases in cloud and maintenance revenue.
Gross profit percent
The decrease in cloud gross profit percent in 2019 was driven by an increase in costs as we accelerated our investments in cloud infrastructure and service delivery to support future growth. The decrease in consulting gross profit percent in 2019 was driven by a decrease in billable hours as consulting resources were transitioning to new projects after completing a large project and an increase in consulting resource availability as we continue growing and leveraging our partner network.

(Dollars in thousands)
2019
2018
Change
Software license
$275,792
99%
$282,950
98%
$(7,158)
(3)%
Maintenance
254,924
91%
239,310
91%
15,614
7%
Cloud
67,918
51%
45,218
55%
22,700
50%
Consulting
2,727
1%
22,338
9%
(19,611)
(88)%
$601,361
66%
$589,816
66%
$11,545
2%


Question: Analyse this data from a financial earnings document. What is the company's average revenue from cloud between 2018 and 2019?
Choices:
45309
56568
113136
142264
0
Correct choice index: 1
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 9. ACCOUNTS AND OTHER RECEIVABLE
Accounts and other receivable are recorded at net realizable value. Components of accounts and other receivable, net of reserves, are as follows:
Amounts billed, net consist of amounts that have been invoiced to our customers in accordance with terms and conditions, and are shown net of an allowance for doubtful accounts. These receivables are all short term in nature and do not include any financing components.
Unbilled receivables consist of amounts where we have satisfied our contractual obligations related to inventory stocking contracts with customers. Such amounts are typically invoiced to the customer upon their consumption of the inventory managed under the stocking contracts. We anticipate that substantially all unbilled receivables will be invoiced and collected over the next twelve months. These contracts do not include any financing components.

December 31, 2019
December 31, 2018
Amounts billed, net
$227,528
$80,709
Unbilled receivables
19,036
19,733
Total receivables, net
$246,564
$100,442


Question: Analyse this data from a financial earnings document. What was the change in net amounts billed between 2018 and 2019?
Choices:
127086
-146819
146819000
19733
146819
Correct choice index: 4
Selling, General and Administrative
The increase in selling, general and administrative in fiscal 2019 compared to fiscal 2018 was primarily due to higher variable costs on increased sales volumes, primarily related to increases in headcount costs and employee incentive compensation, as well as additional costs from the FRT acquisition, offset partially by a decrease in the amortization of intangible assets.

Fiscal Year Ended
December 28, 2019
December 29, 2018
$ Change
% Change
(Dollars in thousands)
Selling, general and administrative
$106,335
$99,254
$7,081
7.1 %
% of revenues
18.0 %
18.7 %
Fiscal Year Ended
December 29, 2018
December 30, 2017
$ Change
% Change
(Dollars in thousands)
Selling, general and administrative
$99,254
$95,489
$3,765
3.9 %
% of revenues
18.7 %
17.4 %


Question: Analyse this data from a financial earnings document. What is the average Selling, general and administrative for the Fiscal Year Ended December 28, 2019 to December 29, 2018?
Choices:
10202765303
49641
0
-102794.5
102794.5
Correct choice index: 4