trismik/FinRAG huggingface dataset:
subject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value .
fluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions .
the table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 .
equity investments are included in other assets in our consolidated balance sheets .
( in millions ) carrying unrealized net of tax .

(in millions)
CostBasis
FairValue
CarryingValue
UnrealizedGain,Net of Tax
BM&FBOVESPA S.A.
$262.9
$690.6
$690.6
$271.4
Bolsa Mexicana de Valores, S.A.B. de C.V.
17.3
29.3
29.3
7.6
IMAREX ASA
—
1.8
1.8
1.1

we do not currently hedge against equity price risk .
equity investments are assessed for other-than- temporary impairment on a quarterly basis. .

Question: Analyse this data from a financial earnings document. in 2012 what was the ratio of the bm&fbovespa s.a . fair value to the cost basis
Choices:
1381.2
1.4
427.7
9.5
953.5
Correct choice index: 4
Operating Segment Results
Currently, we have three reportable segments—Activision, Blizzard, and King. Our operating segments are consistent with the manner in which our operations are reviewed and managed by our Chief Executive Officer, who is our chief operating decision maker (“CODM”). The CODM reviews segment performance exclusive of: the impact of the change in deferred revenues and related cost of revenues with respect to certain of our online-enabled games; share-based compensation expense; amortization of intangible assets as a result of purchase price accounting; fees and other expenses (including legal fees, expenses, and accruals) related to acquisitions, associated integration activities, and financings; certain restructuring and related costs; and certain other non-cash charges. The CODM does not review any information regarding total assets on an operating segment basis, and accordingly, no disclosure is made with respect thereto.
Our operating segments are also consistent with our internal organizational structure, the way we assess operating performance and allocate resources, and the availability of separate financial information. We do not aggregate operating segments.
Information on the reportable segment net revenues and segment operating income are presented below (amounts in millions):
(1) Intersegment revenues reflect licensing and service fees charged between segments.

For the Year Ended December 31, 2018
Activision
Blizzard
King
Total
Segment Revenues
Net revenues from external customers
$2,458
$2,238
$2,086
$6,782
Intersegment net revenues (1)
—
53
—
53
Segment net revenues
$2,458
$2,291
$2,086
$6,835
Segment operating income
$1,011
$685
$750
$2,446


Question: Analyse this data from a financial earnings document. What is the total segment operating income of Activision and King?
Choices:
1500
261
1696
1435
1761
Correct choice index: 4
Selling, General and Administrative
Selling, general and administrative expense decreased $13.0 million to $88.8 million for the year ended December 31, 2019, as compared to $101.8 million for the year ended December 31, 2018. The decrease was primarily due to a decrease in intangible asset amortization of $8.9 million as certain assets reached the end of their useful lives, as well as decreases in payroll-related expense of $1.7 million due to lower headcount, professional fees of $1.3 million, outside services of $0.5 million, and travel-related expenses of $0.3 million.
We expect selling, general and administrative expenses to remain relatively flat in the near-term; however, our expenses may increase in the future as we expand our sales and marketing organization to enable market expansion.

Year Ended December 31,
% Change
2019
2018
2019
(dollars in thousands)
Selling, general and administrative
$88,762
$101,789
(13)%
% of net revenue
28%
26%


Question: Analyse this data from a financial earnings document. What is the average % of net revenue for the Years Ended December 31, 2019 to 2018?
Choices:
6
4
14
27
0
Correct choice index: 3
17. OTHER NON-CURRENT ASSETS
(1) Following the adoption of ASC 842, the balance sheet presents right-of-use-assets which mainly comprise of our office leases. This standard has been adopted under a modified retrospective transition approach as of January 1, 2019.
(2) Investment in OLT-O refers to our investment in an Italian incorporated unlisted company which is involved in the construction, development, operation and maintenance of a FSRU terminal to be situated off the Livorno coast of Italy, representing a 2.7% interest in OLT-O’s issued share capital. In May 2019, a major shareholder sold its shareholding which triggered a re-assessment of the carrying value of our investment in OLT-O. This resulted in an impairment charge of $7.3 million for the write down of the carrying value in our investment in OLT-O in the year ended December 31, 2019.
(3) "Other non-current assets" as of December 31, 2019 includes payments made for long lead items ordered in preparation for the conversion of the Viking into an FSRU. As of December 31, 2019 the aggregate carrying value of Viking long lead items was $16.2 million.
"Other non-current assets" as of December 31, 2018 was mainly comprised of payments made relating to long lead items ordered in preparation for the conversion of the Gimi into a FLNG vessel. Subsequent to the receipt of a Limited Notice to Proceed from BP in relation to the Greater Tortue Ahmeyim project in December 31, 2018, initial works of the FLNG conversion commenced in January 2019. Consequently, as of December 31, 2019, the aggregate carrying value of $31.0 million has been reclassified to "Asset under development" (see note 15).

(in thousands of $)
2019
2018
Oil derivative instrument (see note 24)
45,640
84,730
Operating lease right-of-use-assets (1)
9,847
—
Foreign exchange swap (see note 24)
214
—
Mark-to-market interest rate swaps valuation (see note 24)
8
6,298
Investment in OLT-O (2)
—
7,347
Other non-current assets (3)
24,700
40,729
80,409
139,104


Question: Analyse this data from a financial earnings document. What was the percentage change in other non-current assets between 2018 and 2019?
Choices:
-64.89
39.36
160.64
-39.36
0.79
Correct choice index: 3
Noncurrent Assets and Liabilities
The increase in noncurrent assets of $39,531 million ($39,470 million adjusted for currency) was driven by: • A net increase in goodwill and net intangible assets of $34,104 million ($34,058 million adjusted for currency) due to the acquisition of Red Hat; and • An increase in operating right-of-use assets of $4,996 million ($5,010 million adjusted for currency) as a result of the adoption of the new leasing standard on January 1, 2019; and• An increase in prepaid pension assets of $2,199 million ($2,152 million adjusted for currency) driven by higher returns on plan assets and plan remeasurements; partially offset by • A decrease in net property, plant and equipment of $782 million ($785 million adjusted for currency).
Long-term debt increased $18,497 million ($18,550 million adjusted for currency) primarily driven by: • Issuances of $26,081 million; partially offset by • Reclassifications to short-term debt of $7,592 million to reflect upcoming maturities.
Noncurrent liabilities (excluding debt) increased $6,778 million ($6,911 million adjusted for currency) primarily driven by: • An increase in long-term operating lease liabilities of $3,879 million ($3,893 million adjusted for currency) as a result of the adoption of the new leasing standard on January 1, 2019; and • An increase in other liabilities of $2,352 million ($2,320 million adjusted for currency), primarily driven by increases in deferred tax liabilities of $1,534 million and income tax reserves of $923 million.

($ in millions)
At December 31:
2019
2018
Noncurrent assets
$113,767
$74,236
Long-term debt
$ 54,102
$35,605
Noncurrent liabilities (excluding debt)
$ 39,398
$32,621


Question: Analyse this data from a financial earnings document. What is the average Long-term debt?
Choices:
9248.5
2.6
35605
0
44853.5
Correct choice index: 4
Reconciliation of segment EBITDA to total adjusted EBITDA is below:
For additional information on our reportable segments and product and services categories, see Note 17— Segment Information to our consolidated financial statements in Item 8 of Part II of this report.

Year Ended December 31,
2019
2018
2017
(Dollars in millions)
Adjusted EBITDA
International and Global Accounts
$2,286
2,341
821
Enterprise
3,490
3,522
2,456
Small and Medium Business
1,870
2,013
1,581
Wholesale
3,427
3,666
2,566
Consumer
4,914
5,105
5,136
Total segment EBITDA
$15,987
16,647
12,560
Operations and Other EBITDA
(7,216)
(8,045)
(6,504)
Total adjusted EBITDA
$8,771
8,602
6,056


Question: Analyse this data from a financial earnings document. What is the average total adjusted EBITDA over the three years?
Choices:
7809.67
2928.62
780966.67
17373
6064.67
Correct choice index: 0
Assumptions
Weighted-average actuarial assumptions used to determine net periodic benefit cost and projected benefit obligation for the plans for the fiscal years 2019, 2018 and 2017 were as follows:
(1) The expected return on plan assets assumption used in calculating net periodic benefit cost is based on historical return experience and estimates of future long-term performance with consideration to the expected investment mix of the plan.
(2) The discount rate is used to state expected cash flows relating to future benefits at a present value on the measurement date. This rate represents the market rate for high-quality fixed income investments whose timing would match the cash outflow of retirement benefits. Other assumptions include demographic factors such as retirement, mortality and turnover.

Pension
2019
2018
2017
Net periodic benefit cost:
Expected long-term return on plan assets(1)
3.6%
3.8%
3.3%
Rate of compensation increase
4.4%
3.3%
2.7%
Discount rate
2.2%
2.1%
1.9%
Projected benefit obligation:
Expected long-term return on plan assets
2.0%
3.6%
4.0%
Rate of compensation increase
4.3%
4.4%
4.4%
Discount rate(2)
1.7%
2.2%
2.3%


Question: Analyse this data from a financial earnings document. What was the percentage change in the projected benefit obligation discount rate between 2018 and 2019?
Choices:
-500
-2.7
0
-2.2
-0.5
Correct choice index: 4
(1) Of the total deferred costs, $1,896 million was current and $2,472 million was noncurrent at December 31, 2019 and $2,300 million was current and $2,676 million was noncurrent at December 31, 2018.
The amount of total deferred costs amortized during the year ended December 31, 2019 was $3,836 million and there were no material impairment losses incurred. Refer to note A, “Significant Accounting Policies,” for additional information on deferred costs to fulfill a contract and capitalized costs of obtaining a contract.

($ in millions)
At December 31:
2019
2018
Capitalized costs to obtain a contract
$  609
$  717
Deferred costs to fulfill a contract
Deferred setup costs
1,939
2,085
Other deferred fulfillment costs
1,820
2,173
Total deferred costs (1)
$4,368
$4,975


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Capitalized costs to obtain a contract from 2018 to 2019
Choices:
0
-718
-108
-1564
1
Correct choice index: 2
have access to liquidity by issuing bonds to public or private investors based on our assessment of the current condition of the credit markets .
at december 31 , 2009 , we had a working capital surplus of approximately $ 1.0 billion , which reflects our decision to maintain additional cash reserves to enhance liquidity in response to difficult economic conditions .
at december 31 , 2008 , we had a working capital deficit of approximately $ 100 million .
historically , we have had a working capital deficit , which is common in our industry and does not indicate a lack of liquidity .
we maintain adequate resources and , when necessary , have access to capital to meet any daily and short-term cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .
cash flows millions of dollars 2009 2008 2007 .

<i>Millions of Dollars</i>
<i>2009</i>
2008
2007
Cash provided by operating activities
$3,234
$4,070
$3,277
Cash used in investing activities
(2,175)
(2,764)
(2,426)
Cash used in financing activities
(458)
(935)
(800)
Net change in cash and cash equivalents
$601
$371
$51

operating activities lower net income in 2009 , a reduction of $ 184 million in the outstanding balance of our accounts receivable securitization program , higher pension contributions of $ 72 million , and changes to working capital combined to decrease cash provided by operating activities compared to 2008 .
higher net income and changes in working capital combined to increase cash provided by operating activities in 2008 compared to 2007 .
in addition , accelerated tax deductions enacted in 2008 on certain new operating assets resulted in lower income tax payments in 2008 versus 2007 .
voluntary pension contributions in 2008 totaling $ 200 million and other pension contributions of $ 8 million partially offset the year-over-year increase versus 2007 .
investing activities lower capital investments and higher proceeds from asset sales drove the decrease in cash used in investing activities in 2009 versus 2008 .
increased capital investments and lower proceeds from asset sales drove the increase in cash used in investing activities in 2008 compared to 2007. .

Question: Analyse this data from a financial earnings document. what was the percentage change in cash provided by operating activities from 2007 to 2008?
Choices:
0.24521
0.24199
793
4.13241
2.24199
Correct choice index: 1
Adjusted EBITDA Non-GAAP Reconciliation
(UNAUDITED)
($ in millions)
(1) Refer to Non-GAAP Integration and Transformation Costs and Special Items table for details of the integration and transformation costs and special items included above.

Pro Forma (1)
2019
2018
2017
Net income (loss)
$(5,269)
(1,733)
1,508
Income tax expense
503
170
(770)
Total other expense, net
2,040
2,133
2,147
Depreciation and amortization expense
4,829
5,120
5,125
Share-based compensation expenses
162
186
238
Goodwill impairment
6,506
2,726
0
Adjusted EBITDA
8,771
8,602
8,248
Exclude: transaction related expenses
0
0
192
Exclude: integration and transformation costs(1)
234
378
164
Exclude: special items(1)
65
60
82
Adjusted EBITDA excluding integration and transformation costs and special items
$9,070
9,040
8,686
Total revenue
$22,401
23,443
24,128
Adjusted EBITDA Margin
39.2%
36.7%
34.2%
Adjusted EBITDA Margin, excluding integration and transformation costs and special items
40.5%
38.6%
36.0%


Question: Analyse this data from a financial earnings document. What is the average total revenue across the three years?
Choices:
-23324
2332400
23324
69972
8043
Correct choice index: 2
Years Ended December 31, 2019 and 2018:
Revenue
Services. Services revenue consists primarily of fees for customer support services generated from our partners. We provide these services remotely, generally using personnel who utilize our proprietary technology to deliver the services. Services revenue is also comprised of licensing of our Support.com Cloud applications. Services revenue for the year ended December 31, 2019 decreased by $4.9 million from 2018. The decrease in service revenue was primarily due to the decrease in the billable hours of our major customers. For the year ended December 31, 2019, services revenue generated from our partnerships was $56.6 million compared to $61.0 million for 2018. For the year ended December 31, 2019, direct services revenue was $2.9 million compared to $3.5 million for 2018. As with any market that is undergoing shifts, timing of downward pressures and growth opportunities in our services programs are difficult to predict. We are experiencing downward pressure with some of our services programs as personal computer and certain retail markets are subject to internal re-alignment and other sector specific softness. However, we still see opportunity in the market for growth with our service partners as a result of the evolving support market trends.
Software and other. Software and other revenue is comprised primarily of fees for end-user software products provided through direct customer downloads, and, to a lesser extent, through the sale of these software products via partners. Software and other revenue for the year ended December 31, 2019 decreased compared with the year ended 2018 primarily due to the cancellation of a significant partner contract as well as some softness in new subscriptions and renewals. For the year ended December 31, 2019, direct software and other revenue was $1.9 million compared to $2.8 million for 2018. For the year ended December 31, 2019, software and other revenue generated from our partnerships was $1.9 million compared to $2.7 million for 2018.

($ in thousands)
2019
% Change 2018 to 2019
2018
Services
$59,545
(8)%
$64,476
Software and other
3,788
(25)%
5,073
Total revenue 
$63,333
(9)%
$69,549


Question: Analyse this data from a financial earnings document. What was the change in total revenue between 2018 and 2019?
Choices:
-69546
-69558
-1143
-6216
4404746817
Correct choice index: 3
table of contents the following performance graph is not 201csoliciting material , 201d is not deemed filed with the sec , and is not to be incorporated by reference into any of valero 2019s filings under the securities act of 1933 or the securities exchange act of 1934 , as amended , respectively .
this performance graph and the related textual information are based on historical data and are not indicative of future performance .
the following line graph compares the cumulative total return 1 on an investment in our common stock against the cumulative total return of the s&p 500 composite index and an index of peer companies ( that we selected ) for the five-year period commencing december 31 , 2007 and ending december 31 , 2012 .
our peer group consists of the following ten companies : alon usa energy , inc. ; bp plc ( bp ) ; cvr energy , inc. ; hess corporation ; hollyfrontier corporation ; marathon petroleum corporation ; phillips 66 ( psx ) ; royal dutch shell plc ( rds ) ; tesoro corporation ; and western refining , inc .
our peer group previously included chevron corporation ( cvx ) and exxon mobil corporation ( xom ) but they were replaced with bp , psx , and rds .
in 2012 , psx became an independent downstream energy company and was added to our peer group .
cvx and xom were replaced with bp and rds as they were viewed as having operations that more closely aligned with our core businesses .
comparison of 5 year cumulative total return1 among valero energy corporation , the s&p 500 index , old peer group , and new peer group .

12/2007
12/2008
12/2009
12/2010
12/2011
12/2012
Valero Common Stock
$100.00
$31.45
$25.09
$35.01
$32.26
$53.61
S&P 500
100.00
63.00
79.67
91.67
93.61
108.59
Old Peer Group
100.00
80.98
76.54
88.41
104.33
111.11
New Peer Group
100.00
66.27
86.87
72.84
74.70
76.89

____________ 1 assumes that an investment in valero common stock and each index was $ 100 on december 31 , 2007 .
201ccumulative total return 201d is based on share price appreciation plus reinvestment of dividends from december 31 , 2007 through december 31 , 2012. .

Question: Analyse this data from a financial earnings document. what was the mathematical range for all four groups in 12/2010 , assuming investments of $ 100 initially in 2008?
Choices:
58.6
66.58
28.67
18.6
56.66
Correct choice index: 4
Non-Management Director Compensation in Fiscal 2019
The non-management directors received the following compensation during fiscal 2019:
(1) This column represents the fair value of the stock award on the grant date determined in accordance with the provisions of ASC 718. As per SEC rules relating to executive compensation disclosure, the amounts shown exclude the impact of forfeitures related to service based vesting conditions. For additional information regarding assumptions made in calculating the amount reflected in this column, please refer to Note 10 to our audited consolidated financial statements, included in our Annual Report on Form 10-K for fiscal 2019.
(2) Dividend equivalent payments on unvested restricted stock.

Name
Fees Earned or Paid in Cash ($)
Stock Awards ($) (1)
Option Awards ($)
All Other Compensation ($) (2)
Total ($)
Robert D. Rosenthal
95,000
40,000
-
25,900
160,900
Chad M. Lindbloom
95,00
40,000
-
13,800
148,800
Paul S. Pearlman
65,000
40,000
-
850
105,850
Lawrence Reinhold
65,000
40,000
-
850
105,850


Question: Analyse this data from a financial earnings document. What is the total compensation received by Paul S. Pearlman and Lawrence Reinhold during fiscal 2019?
Choices:
145850
211700
1
211700000000
200850
Correct choice index: 1
Current other investments comprise the following:
The Group invests surplus cash positions across a portfolio of short-term investments to manage liquidity and credit risk whilst achieving suitable returns. These assets do not meet the definition of cash and cash equivalents, but are included in the Group’s net debt based on their liquidity.
Bonds and debt securities includes €955 million (2018: €862 million) of highly liquid German and €941 million (2018: €nil) Japanese government securities; €1,115 million (2018: €1,112 million) of UK government bonds and €1,184 million (2018: 830 million) of other assets both paid as collateral on derivative financial instruments6. Managed investment funds include €5,513 million (2018: €3,087 million) in managed investment funds with liquidity of up to 90 days and €892 million (2018: €804 million) invested in a fund whose underlying securities are supply chain receivables from a diverse range of corporate organisations of which Vodafone is a minority constituent.
Other investments are excluded from net debt based on their liquidity and primarily consist of restricted debt securities including amounts held in qualifying assets by Group insurance companies to meet regulatory requirements.
3 €1,184 million (2018: €830 million) is measured at amortised cost and remaining items are measured at fair value. For €3,011 million (2018: €1,974 million) the valuation basis is level 1 classification, which comprises financial instruments where fair value is determined by unadjusted quoted prices in active markets for identical assets or liabilities. The remaining balance is level 2 classification.
4 Items measured at fair value and the valuation basis is level 2 classification
5 €1,097 million (2018: €487 million) is measured at fair value and the valuation basis is level 1. The remaining items are measured at amortised cost and the carrying amount approximates fair value

2019
2018
€m
€m
Included within current assets:
Short-term investments:
Bonds and debt securities3
4,690
4,690
Managed investment funds4
6,405
3,891
11,095
6,870
Other investments5
1,917
1,925
13,012
8,795


Question: Analyse this data from a financial earnings document. What is the change in managed investment funds between 2018 and 2019?
Choices:
10296
1
2514
1715
-2514
Correct choice index: 2