trismik/FinRAG huggingface dataset:
net impairment we recognized $ 16.9 million and $ 14.9 million of net impairment during the years ended december 31 , 2012 and 2011 , respectively , on certain securities in our non-agency cmo portfolio due to continued deterioration in the expected credit performance of the underlying loans in those specific securities .
the gross other-than-temporary impairment ( 201cotti 201d ) and the noncredit portion of otti , which was or had been previously recorded through other comprehensive income ( loss ) , are shown in the table below ( dollars in millions ) : year ended december 31 , 2012 2011 .

Year Ended December 31, 2012
2011
Other-than-temporary impairment (“OTTI”)
$(19.8)
$(9.2)
Less: noncredit portion of OTTI recognized into (out of) other comprehensive income (loss) (before tax)
2.9
(5.7)
Net impairment
$(16.9)
$(14.9)

provision for loan losses provision for loan losses decreased 20% ( 20 % ) to $ 354.6 million for the year ended december 31 , 2012 compared to 2011 .
the decrease in provision for loan losses was driven primarily by improving credit trends , as evidenced by the lower levels of delinquent loans in the one- to four-family and home equity loan portfolios , and loan portfolio run-off .
the decrease was partially offset by $ 50 million in charge-offs associated with newly identified bankruptcy filings during the third quarter of 2012 , with approximately 80% ( 80 % ) related to prior years .
we utilize third party loan servicers to obtain bankruptcy data on our borrowers and during the third quarter of 2012 , we identified an increase in bankruptcies reported by one specific servicer .
in researching this increase , we discovered that the servicer had not been reporting historical bankruptcy data on a timely basis .
as a result , we implemented an enhanced procedure around all servicer reporting to corroborate bankruptcy reporting with independent third party data .
through this additional process , approximately $ 90 million of loans were identified in which servicers failed to report the bankruptcy filing to us , approximately 90% ( 90 % ) of which were current at the end of the third quarter of 2012 .
as a result , these loans were written down to the estimated current value of the underlying property less estimated selling costs , or approximately $ 40 million , during the third quarter of 2012 .
these charge-offs resulted in an increase to provision for loan losses of $ 50 million for the year ended december 31 , 2012 .
the provision for loan losses has declined four consecutive years , down 78% ( 78 % ) from its peak of $ 1.6 billion for the year ended december 31 , 2008 .
we expect provision for loan losses to continue to decline over the long term , although it is subject to variability in any given quarter. .

Question: Analyse this data from a financial earnings document. what was the change in the net impairment from 2011 to 2012
Choices:
0.05235
134228.18792
0.13423
29.8
3.3557
Correct choice index: 2
20 Trade and Other Receivables
Trade receivables are non interest-bearing and are generally on 30–90 day payment terms depending on the geographical territory in which sales are generated. The carrying value of trade and other receivables also represents their fair value. During the year-ended 31 March 2019 a provision for impairment of $0.6M (2018: $0.6M) was recognised in operating expenses against receivables.
The net contract acquisition expense deferred within the Consolidated Statement of Profit or Loss was $0.9M of the total $259.9M of Sales and Marketing costs (2018: $8.4M / $239.9M).

31 March 2019
31 March 2018 Restated See note 2
$M
$M
Current
Trade receivables
128.7
151.8
Prepayments
26.9
23.1
Deferral of contract acquisition costs
31.5
29.5
Other receivables
8.2
6.4
Total current trade and other receivables
195.3
210.8
Non-current
Deferral of contract acquisition costs
15.1
16.2
Other receivables
1.3
1.3
Total non-current trade and other receivables
16.4
17.5


Question: Analyse this data from a financial earnings document. What was the change in trade receivables in 2019 from 2018?
Choices:
23.1
-31.1
-23.1
128.7
0.8
Correct choice index: 2
24. Cash and cash equivalents
Significant accounting policies that apply to cash and cash equivalents Cash and cash equivalents comprise cash in hand and current balances with banks and similar institutions, which are readily convertible to cash and are subject to insignificant risk of changes in value and have an original maturity of three months or less. All are held at amortised cost on the balance sheet, equating to fair value. For the purpose of the consolidated cash flow statement, cash and cash equivalents are as defined above net of outstanding bank overdrafts. Bank overdrafts are included within the current element of loans and other borrowings (note 25).
IFRS 9 was applied for the first time on 1 April 2018 and introduces new classifications for financial instruments. Cash and cash equivalents were classified as loans and receivables under IAS 39, and are now classified as financial assets held at amortised cost under IFRS 9. This has not had an impact on the accounting for these instruments, or on their carrying amounts.
Cash and cash equivalents include restricted cash of £44m (2017/18: £32m, 2016/17: £43m), of which £40m (2017/18: £29m, 2016/17: £41m) was held in countries where local capital or exchange controls currently prevent us from accessing cash balances. The remaining balance of £4m (2017/18: £3m, 2016/17: £2m) was held in escrow accounts, or in commercial arrangements akin to escrow.

2019
2018
2017
At 31 March
£m
£m
£m
Cash at bank and in hand
495
446
469
Cash equivalents
US deposits
3
26
32
UK deposits
1,132
31
1
Other deposits
36
25
26
Total cash equivalents
1,171
82
59
Total cash and cash equivalents
1,666
528
528
Bank overdrafts (note25)
(72)
(29)
(17)
Cash and cash equivalents per the cash flow statement
1,594
499
511


Question: Analyse this data from a financial earnings document. What is the change in the Cash at bank and in hand from 2018 to 2019?
Choices:
-49
0
49
-428
941
Correct choice index: 2
b) Liquefaction services revenue:
The Hilli is moored in close proximity to the Customer’s gasfields, providing liquefaction service capacity over the term of the LTA. Liquefaction services revenue recognized comprises the following amounts:
(1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in "Liquefaction services revenue" in the consolidated statements of income), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in "Realized and unrealized gain on oil derivative instrument" in the consolidated statements of income, excluded from revenue and from the transaction price).
(2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed were deferred (included in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets) and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
(3) The Day 1 gain was established when the oil derivative instrument was initially recognized in December 2017 for $79.6 million (recognized in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets). This amount is amortized and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
We expect to recognize liquefaction services revenue related to the partially unsatisfied performance obligation at the reporting date evenly over the remaining contract term of less than eight years, including the components of transaction price described above.

Year Ended December 31,
(in thousands of $)
2019
2018
Base tolling fee (1)
204,501
119,677
Amortization of deferred commissioning period revenue (2)
4,220
2,467
Amortization of Day 1 gain (3)
9,950
5,817
Other
(575)
(336)
Total
218,096
127,625


Question: Analyse this data from a financial earnings document. What was the change in base tolling fee between 2018 and 2019?
Choices:
84824
202034
-119617
324178
76876
Correct choice index: 0
jpmorgan chase & co./2009 annual report 173 trading assets and liabilities average balances average trading assets and liabilities were as follows for the periods indicated. .

Year ended December 31, (in millions)
2009
2008
2007
Trading assets – debt and equity instruments
$318,063
$384,102
$381,415
Trading assets – derivative receivables
110,457
121,417
65,439
Trading liabilities – debt and equityinstruments<sup>(a)</sup>
$60,224
$78,841
$94,737
Trading liabilities – derivative payables
77,901
93,200
65,198

( a ) primarily represent securities sold , not yet purchased .
note 4 2013 fair value option the fair value option provides an option to elect fair value as an alternative measurement for selected financial assets , financial liabilities , unrecognized firm commitments , and written loan com- mitments not previously carried at fair value .
elections elections were made by the firm to : 2022 mitigate income statement volatility caused by the differences in the measurement basis of elected instruments ( for example , cer- tain instruments elected were previously accounted for on an accrual basis ) while the associated risk management arrange- ments are accounted for on a fair value basis ; 2022 eliminate the complexities of applying certain accounting models ( e.g. , hedge accounting or bifurcation accounting for hybrid in- struments ) ; and 2022 better reflect those instruments that are managed on a fair value basis .
elections include : 2022 securities financing arrangements with an embedded derivative and/or a maturity of greater than one year .
2022 loans purchased or originated as part of securitization ware- housing activity , subject to bifurcation accounting , or managed on a fair value basis .
2022 structured notes issued as part of ib 2019s client-driven activities .
( structured notes are financial instruments that contain embed- ded derivatives. ) 2022 certain tax credits and other equity investments acquired as part of the washington mutual transaction .
the cumulative effect on retained earnings of the adoption of the fair value option on january 1 , 2007 , was $ 199 million. .

Question: Analyse this data from a financial earnings document. excluding derivatives , what are net 2009 trading assets , in millions?
Choices:
-60051
323878
257839.0
252624
0
Correct choice index: 2
free cash flow conversion rate we believe this measure provides useful information to investors because it is important for assessing our efficiency in converting earnings to cash and returning cash to shareholders .
the calculation of free cash flow conversion rate and net cash provided by operating activities conversion rate , its equivalent gaap measure , follows: .

In Millions
Fiscal 2019
Net earnings, including earnings attributable to redeemable and noncontrolling interests, asreported
$1,786.2
Net tax benefit (a)
$(7.2)
Tax item (a)
(72.9)
Mark-to-marketeffects, net of tax (b)
27.7
Acquisition integration costs, net of tax (c)
19.7
Divestitures loss, net of tax (c)
16.4
Restructuring charges, net of tax (d)
63.0
Project-related costs, net of tax (d)
1.1
Asset impairments, net of tax (d)
159.7
Hyperinflationary accounting, net of tax (e)
3.2
Investment valuation adjustments, net of tax (f)
(17.6)
Legal recovery, net of tax (g)
(10.8)
CPW restructuring costs, net of tax (h)
11.1
Adjusted net earnings, including earnings attributable to redeemable and noncontrollinginterests
$1,979.6
Net cash provided by operating activities
$2,807.0
Purchases of land, buildings, and equipment
(537.6)
Free cash flow
$2,269.4
Net cash provided by operating activities conversion rate
157%
Free cash flow conversion rate
115%

( a ) see note 14 to the consolidated financial statements in item 8 of this report .
( b ) see note 7 to the consolidated financial statements in item 8 of this report .
( c ) see note 3 to the consolidated financial statements in item 8 of this report .
( d ) see note 4 to the consolidated financial statements in item 8 of this report .
( e ) impact of hyperinflationary accounting for our argentina subsidiary , which was sold in the third quarter of fiscal 2019 .
( f ) valuation gains on certain corporate investments .
( g ) legal recovery related to our yoplait sas subsidiary .
( h ) the cpw restructuring charges are related to initiatives designed to improve profitability and growth that were approved in fiscal 2018 and 2019 .
see our reconciliation below of the effective income tax rate as reported to the adjusted effective income tax rate for the tax impact of each item affecting comparability. .

Question: Analyse this data from a financial earnings document. in 2019 what was the percent of the net earnings to the net cash provided by operating activities
Choices:
0.00285
-0.63634
0.70524
1
0.63634
Correct choice index: 4
22. Directors and key management compensation
This note details the total amounts earned by the Company’s Directors and members of the Executive Committee.
Directors
Aggregate emoluments of the Directors of the Company were as follows:
Notes: 1 Excludes gains from long-term incentive plans.
2 Includes the value of the cash allowance taken by some individuals in lieu of pension contributions
No Directors serving during the year exercised share options in the year ended 31 March 2019 (2018: one Director, gain €0.1 million; gain 2017: one Director, €0.7 million

2019 €m
2018 €m
2017 €m
Salaries and fees
4
4
4
Incentive schemes1
2
3
2
Other benefits2
–
1
1
6
8
7


Question: Analyse this data from a financial earnings document. What is the difference between average salaries and fees and average incentive schemes from 2018 to 2019?
Choices:
1.5
3.2
-1.5
-1
8
Correct choice index: 0
Defined Benefit Pension Plans
The Company maintains defined benefit pension plans for employees of certain of its foreign subsidiaries. Such plans conform to local practice in terms of providing minimum benefits mandated by law, collective agreements or customary practice. The Company recognizes the aggregate amount of all overfunded plans as assets and the aggregate amount of all underfunded plans as liabilities in its financial statements.
The Company's expected long-term rate of return on plan assets is updated at least annually, taking into consideration its asset allocation, historical returns on similar types of assets and the current economic environment. For estimation purposes, the Company assumes its long-term asset mix will generally be consistent with the current mix. The Company determines its discount rates using highly rated corporate bond yields and government bond yields.
Benefits under all of the Company's plans are valued utilizing the projected unit credit cost method. The Company's policy is to fund its defined benefit plans in accordance with local requirements and regulations. The funding is primarily driven by the Company's current assessment of the economic environment and projected benefit payments of its foreign subsidiaries. The Company's measurement date for determining its defined benefit obligations for all plans is December 31 of each year.
The Company recognizes actuarial gains and losses in the period the Company's annual pension plan actuarial valuations are prepared, which generally occurs during the fourth quarter of each year, or during any interim period where a revaluation is deemed necessary.
The following is a summary of the status of the Company's foreign defined benefit pension plans and the net periodic pension cost (dollars in millions):
The long term rate of return on plan assets was determined using the weighted-average method, which incorporates factors that include the historical inflation rates, interest rate yield curve and current market conditions.

Year Ended December 31,
2019
2018
2017
Service cost
$9.4
$9.6
$10.0
Interest cost
5.0
4.7
4.3
Expected return on plan assets
(6.0)
(6.1)
(5.5)
Curtailment gain
—
(0.3)
—
Actuarial and other loss
15.6
6.1
1.9
Total net periodic pension cost
$24.0
$14.0
$10.7
Weighted average assumptions
Discount rate used for net periodic pension costs
1.74 %
1.66 %
1.60 %
Discount rate used for pension benefit obligations
1.43 %
1.74 %
1.66 %
Expected return on plan assets
3.23 %
3.18 %
3.22 %
Rate of compensation increase
3.07 %
3.22 %
3.22 %


Question: Analyse this data from a financial earnings document. What is the change in Interest cost from year ended December 31, 2018 to 2019?
Choices:
-0.3
0.3
23.5
9.7
0
Correct choice index: 1
Non-GAAP Measures
In addition to the results reported in accordance with US GAAP, we also use certain non-GAAP measures such as EBITDA and adjusted EBITDA to evaluate operating performance and to facilitate the comparison of our historical results and trends. These financial measures are not a measure of financial performance under US GAAP and should not be considered in isolation or as a substitute for net income as a measure of performance and net cash provided by operating activities as a measure of liquidity.
They are not, on their own, necessarily indicative of cash available to fund cash needs as determined in accordance with GAAP. The calculation of these non-GAAP measures may not be comparable to similarly titled measures used by other companies. Reconciliations of these non-GAAP measures to the most directly comparable financial measures presented in accordance with GAAP are provided below.
EBITDA is defined as net earnings before interest expense, income taxes, and depreciation and amortization. Adjusted EBITDA is comprised of EBITDA, adjusted for certain items as permitted or required under our credit facility as described in the reconciliations below. These measures are a common measure of operating performance in the telecommunications industry and are useful, with other data, as a means to evaluate our ability to fund our estimated uses of cash.
The following tables are a reconciliation of net income (loss) to adjusted EBITDA for the years ended December 31, 2019, 2018 and 2017:
(1) Other, net includes the equity earnings from our investments, dividend income, income attributable to noncontrolling interests in subsidiaries, acquisition and transaction related costs including integration and severance, non-cash pension and post-retirement benefits and certain other miscellaneous items. (2) Includes all cash dividends and other cash distributions received from our investments.

Year Ended December 31,
(In thousands, unaudited)
2019
2018
2017
Net income (loss)
$ (19,931)
$ (50,571)
$ 65,299
Add (subtract):
Interest expense, net of interest income
136,660
134,578
129,786
Income tax benefit
(3,714)
(24,127)
(124,927)
Depreciation and amortization
381,237
432,668
291,873
EBITDA
494,252
492,548
362,031
Adjustments to EBITDA:
Other, net (1)
(8,847)
549
19,314
Investment distributions (2)
35,809
39,078
29,993
Gain on extinguishment of debt
(4,510)
—
—
Non-cash, stock-based compensation
6,836
5,119
2,766
Adjusted EBITDA
$ 523,540
$ 537,294
$ 414,104


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Income tax expense (benefit) from 2018 to 2019?
Choices:
20413
-27841
-69013
-20413
16217
Correct choice index: 0
Other loss
In May 2019, the Company completed a cash tender offer and purchased $460.9 million in aggregate principal amount of the 2020 Notes and issued $250.0 million in aggregate principal amount of 9.25% senior secured notes at par due November 2022. The Company recognized a loss of $10.6 million on the purchase of the 2020 Notes for the year ended December 31, 2019 (see Note 9).
During September 2019, Teekay LNG refinanced the Torben Spirit by acquiring the Torben Spirit from its original Lessor and then selling the vessel to another Lessor and leasing it back for a period of 7.5 years. As a result of this refinancing transaction, the Partnership recognized a loss of $1.4 million for the year ended December 31, 2019 on the extinguishment of the original finance lease (see Note 11).
Following the termination of the finance lease arrangements for the RasGas II LNG Carriers in 2014, the lessor made a determination that additional rentals were due under the leases following a challenge by the UK taxing authority. As a result, in 2017 the Teekay Nakilat Joint Venture recognized an additional liability, which was included as part of other loss in the Company's consolidated statements of loss.
Related to settlements and accruals made prior to September 2017 as a result of claims and potential claims made against Logitel Offshore Holding AS (or Logitel), a company acquired by Altera in 2014. Altera was deconsolidated in September 2017 (see Note 4).

Year Ended
Year Ended
Year Ended
December 31,
December 31,
December 31,
2019
2018
2017
$
$
$
Loss on bond repurchases (1)
(10,601)
(1,772)
—
Loss on lease extinguishment (2)
(1,417)
—
—
Tax indemnification guarantee liability (3)
—
(600)
(50,000)
Contingent liability (4)
—
—
(4,500)
Gain on sale / (write-down) of cost-accounted investment
—
—
1,250
Miscellaneous (loss) income
(2,457)
359
(731)
Other loss
(14,475)
(2,013)
(53,981)


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in Other loss from 2018 to 2019?
Choices:
-9975
2012
-12462
2010
-51968
Correct choice index: 2
Due To/From Related Parties, Net
Amounts due to and from related parties, net as of the periods presented consisted of the following (table in millions):
(1) Includes an immaterial amount related to the Company’s current operating lease liabilities due to related parties as of January 31, 2020.
The Company also recognized an immaterial amount related to non-current operating lease liabilities due to related parties. This amount has been included in operating lease liabilities on the consolidated balance sheet as of January 31, 2020.

January 31, 2020
February 1, 2019
Due from related parties, current
$1,618
$1,248
Due to related parties, current(1)
161
158
Due from related parties, net, current
$1,457
$1,090


Question: Analyse this data from a financial earnings document. What was the change in current amount due to related parties between 2019 and 2020?
Choices:
0
3
1299
25438
932
Correct choice index: 1
At December 31, 2019, the Company’s net operating losses and credit carryforwards are:
(1) Excludes federal and state net operating losses of $60.2 million and $0.8 million, respectively, from prior acquisitions that the Company expects will expire unutilized
(2) Excludes federal and state tax credits of $0.1 million and $8.3 million, respectively, that the Company expects will expire unutilized
Carryforward losses and credits expire between 2020 and 2038, except for the 2019 federal net operating loss of $43.9 million and $1 million of state credits, which both have unlimited carryforward periods.
The Company’s India subsidiary is primarily located in Special Economic Zones (“SEZs”) and is entitled to a tax holiday in India. The tax holiday reduces or eliminates income tax in India. The tax holiday in the Hyderabad SEZ is scheduled to expire in 2024. The tax holiday in the Bangalore SEZ is scheduled to expire in 2022. For 2019, 2018 and 2017, the income tax holiday reduced the Company’s provision for income taxes by $1.9 million, $1.3 million, and $1 million, respectively.

(in thousands)
Federal
State
Net operating losses (1)
$120,722
$3,337
Net operating losses due to acquisitions (1)
$76,827
$778
Credit carryforwards (2)
$8,202
$1,958
Credit carryforwards due to acquisitions
$640
$227


Question: Analyse this data from a financial earnings document. What is the average federal and state credit carryforwards due to acquisitions?
Choices:
1
206.5
502.5
227
433.5
Correct choice index: 4