trismik/FinRAG huggingface dataset:
18 .
allowance for credit losses .

In millions of dollars
2009
2008(1)
2007(1)
Allowance for loan losses at beginning of year
$29,616
$16,117
$8,940
Gross credit losses
(32,784)
(20,760)
(11,864)
Gross recoveries
2,043
1,749
1,938
Net credit (losses) recoveries (NCLs)
$(30,741)
$(19,011)
$(9,926)
NCLs
$30,741
$19,011
$9,926
Net reserve builds (releases)
5,741
11,297
6,550
Net specific reserve builds (releases)
2,278
3,366
356
Total provision for credit losses
$38,760
$33,674
$16,832
Other, net(2)
(1,602)
(1,164)
271
Allowance for loan losses at end of year
$36,033
$29,616
$16,117
Allowance for credit losses on unfunded lending commitments at beginning of year(3)
$887
$1,250
$1,100
Provision for unfunded lending commitments
244
(363)
150
Allowance for credit losses on unfunded lending commitments at end of year(3)
$1,157
$887
$1,250
Total allowance for loans, leases, and unfunded lending commitments
$37,190
$30,503
$17,367

( 1 ) reclassified to conform to the current period 2019s presentation .
( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s .
real estate lending loans , and $ 562 million related to the transfer of the u.k .
cards portfolio to held-for-sale .
2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions .
2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k .
citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno .
( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .

Question: Analyse this data from a financial earnings document. what was the percentage change in the allowance for loan losses from 2008 to 2009?
Choices:
0.80198
-2.28808
0.83756
837562.82187
0.00011
Correct choice index: 2
Quarterly Financial Data (Unaudited)
Quarterly results for the years ended June 30, 2019 and 2018 are as follow (in thousands, except per share amounts).

June 30,
2019
March 31,
2019
December 31,
2018
September 30,
2018
Net revenues 
$252,359
$250,864
$252,680
$239,886
Gross profit 
$138,946
$138,919
$141,299
$132,071
Net (loss) income (1) 
$(17,055)
$(6,932)
$7,199
$(9,065)
Net (loss) income per share – basic 
$(0.14)
$(0.06)
$0.06
$(0.08)
Net (loss) income per share – diluted 
$(0.14)
$(0.06)
$0.06
$(0.08)


Question: Analyse this data from a financial earnings document. What was the change in the gross profit between September 30 and December 31, 2018?
Choices:
-9228
150364
9228
141299
-132071
Correct choice index: 2
performance graph this graph compares the return on lilly stock with that of the standard & poor 2019s 500 stock index and our peer group for the years 2014 through 2018 .
the graph assumes that , on december 31 , 2013 , a person invested $ 100 each in lilly stock , the s&p 500 stock index , and the peer groups' common stock .
the graph measures total shareholder return , which takes into account both stock price and dividends .
it assumes that dividends paid by a company are reinvested in that company 2019s stock .
value of $ 100 invested on last business day of 2013 comparison of five-year cumulative total return among lilly , s&p 500 stock index , peer group ( 1 ) .

Lilly
Peer Group
S&P 500
Dec-13
$100.00
$100.00
$100.00
Dec-14
$139.75
$114.39
$113.69
Dec-15
$175.21
$116.56
$115.26
Dec-16
$157.03
$112.80
$129.05
Dec-17
$185.04
$128.90
$157.22
Dec-18
$259.88
$136.56
$150.33

( 1 ) we constructed the peer group as the industry index for this graph .
it comprises the companies in the pharmaceutical and biotech industries that we used to benchmark the compensation of our executive officers for 2018 : abbvie inc. ; amgen inc. ; astrazeneca plc ; baxter international inc. ; biogen idec inc. ; bristol-myers squibb company ; celgene corporation ; gilead sciences inc. ; glaxosmithkline plc ; johnson & johnson ; medtronic plc ; merck & co. , inc. ; novartis ag. ; pfizer inc. ; roche holdings ag ; sanofi ; and shire plc. .

Question: Analyse this data from a financial earnings document. what was the difference in percentage return for lilly compared to the s&p 500 for the five years ended dec-18?
Choices:
1.0955
0.1119
159.88
-2.1021
-0.2143
Correct choice index: 0
table of contents rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 645 million , $ 488 million and $ 338 million in 2013 , 2012 and 2011 , respectively .
future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 28 , 2013 , are as follows ( in millions ) : other commitments as of september 28 , 2013 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 18.6 billion .
in addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 1.3 billion as of september 28 , 2013 , which consisted mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations .
contingencies the company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully adjudicated .
in the opinion of management , there was not at least a reasonable possibility the company may have incurred a material loss , or a material loss in excess of a recorded accrual , with respect to loss contingencies .
however , the outcome of litigation is inherently uncertain .
therefore , although management considers the likelihood of such an outcome to be remote , if one or more of these legal matters were resolved against the company in a reporting period for amounts in excess of management 2019s expectations , the company 2019s consolidated financial statements for that reporting period could be materially adversely affected .
apple inc .
v .
samsung electronics co. , ltd , et al .
on august 24 , 2012 , a jury returned a verdict awarding the company $ 1.05 billion in its lawsuit against samsung electronics co. , ltd and affiliated parties in the united states district court , northern district of california , san jose division .
on march 1 , 2013 , the district court upheld $ 599 million of the jury 2019s award and ordered a new trial as to the remainder .
because the award is subject to entry of final judgment , partial re-trial and appeal , the company has not recognized the award in its results of operations .
virnetx , inc .
v .
apple inc .
et al .
on august 11 , 2010 , virnetx , inc .
filed an action against the company alleging that certain of its products infringed on four patents relating to network communications technology .
on november 6 , 2012 , a jury returned a verdict against the company , and awarded damages of $ 368 million .
the company is challenging the verdict , believes it has valid defenses and has not recorded a loss accrual at this time. .

2014
$610
2015
613
2016
587
2017
551
2018
505
Thereafter
1,855
Total minimum lease payments
$4,721

.

Question: Analyse this data from a financial earnings document. why is the information relative to 2012 costs incorrect and what would the correct information be?
Choices:
856.0
1101
-837.4
1098
396
Correct choice index: 0
In November 2017, GMSL acquired the trenching and cable laying services business from Fugro N.V. ("Fugro"). As part of the transaction, Fugro became a 23.6% holder of GMSL's parent, Global Marine Holdings, LLC ("GMH"). GMSL, in the normal course of business, incurred revenue and expenses with Fugro for various services.
For the years ended December 31, 2019 and 2018, GMSL recognized $11.3 million and $9.3 million respectively, of expenses for transactions with Fugro. For the year ended December 31, 2019 GMSL recognized $0.8 million of revenues. The parent company of GMSL, GMH, incurred management fees of $0.6 million for each of the years ended December 31, 2019 and 2018.
GMSL also has transactions with several of their equity method investees. A summary of transactions with such equity method investees and balances outstanding are as follows (in millions):

Years Ended December 31,
2019
2018
Net revenue
$ 6.4
$ 21.8
Operating expenses
$ 1.0
$ 4.8
Interest expense
$ 1.0
$ 1.3
December 31,
2019
2018
Accounts receivable
$ 1.2
$ 5.0
Long-term obligations
$ 22.5
$ 28.5
Accounts payable
$ 0.1
$ 2.2
Dividends
$ 4.5
$ 25.8


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in the net revenue from 2018 to 2019?
Choices:
-98.6
-19.4
-15.4
5.8
28.2
Correct choice index: 2
Other financial assets and liabilities consists of derivatives, the Group’s holdings in listed and unlisted investments, and loans provided to related parties.
The Group’s investments in listed equity securities are designated as financial assets at fair value through other comprehensive income. Investments are initially measured at fair value net of transaction costs and, in subsequent periods, are measured at fair value with any change recognised in other comprehensive income. Upon disposal, the cumulative gain or loss recognised in other comprehensive income is transferred to retained earnings.
Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies. Investments in associates are initially recognised at cost including transaction costs and are accounted for using the equity method by including the Group’s share of profit or loss and other comprehensive income of associates in the carrying amount of the investment until the date on which significant influence ceases. Dividends received reduce the carrying amount of the investment in associates.

2019
2018
$M
$M
Current
Derivatives
45
53
Total current other financial assets
45
53
Non‑current
Derivatives
501
366
Listed equity securities
91
96
Investments in associates
59
57
Loans provided to related parties
41
3
Total non‑current other financial assets
692
522
Total other financial assets
737
575
Current
Derivatives
58
50
Total current other financial liabilities
58
50
Non‑current
Derivatives
24
61
Total non‑current other financial liabilities
24
61
Total other financial liabilities
82
111


Question: Analyse this data from a financial earnings document. What is the increase in total other financial assets from 2018 to 2019?
Choices:
-525
1312
215
162
3
Correct choice index: 3
(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 average of Capitalized costs to obtain a contract?
Choices:
1540
1510
0
663
1
Correct choice index: 3
For the full year 2019, our ADG revenues increased 1.4% compared to the previous period. The increase was primarily due to improved average selling prices of approximately 9%, which was entirely due to a better product mix, and partially offset by a decrease in volumes by approximately 8%.
AMS revenues grew 4.6%, mainly due to the double-digits growth in Imaging. The increase was due to higher average selling prices of approximately 12%, as a result of a better product mix, and was partially offset by lower volumes of approximately 7%.
MDG revenues were down by 10.3%, mainly due to Microcontrollers. The decrease was due to lower volumes of approximately 10% while average selling prices remained substantially flat.
In 2018, all product groups registered double-digit revenue increase. Our ADG revenues increased 16.2% for the full year 2018 compared to the full year 2017 on growth in both Power Discrete and Automotive. The increase was primarily due to improved average selling prices of approximately 21% and volumes decreased by approximately 5%. The increase in average selling prices was entirely due to improved product mix, while selling prices remained substantially flat.
AMS revenues grew 19.9%, mainly on the strong increase in Imaging. The increase was due to higher volumes of approximately 12% and higher average selling prices of approximately 8%, which was entirely due to improved product mix of approximately 13%, while selling prices decreased by approximately 5%.
MDG revenues were up by 11.1%, with Digital and Microcontrollers & Memories equally contributing. The increase was primarily due to higher average selling prices of approximately 11%, while volumes remained substantially flat. The increase in average selling prices was due to a better product mix of approximately 13%, while the selling prices effect was negative of approximately 2%.

Year Ended
Year Ended
Year Ended
% Variation
% Variation
2019 vs 2018 2018 vs 2017
2019
2018
2017
2019 vs 2018
2018 vs 2017
(In millions)
(In millions)
(In millions)
Automotive and Discrete Group (ADG)
$3,606
$3,556
$3,059
1.4%
16.2%
Analog MEMS and Sensors Group (AMS)
3,299
3,154
2,630
4.6
19.9
Microcontrollers and Digital ICs Group (MDG)
2,638
2,940
2,646
(10.3)
11.1
Others
13
14
12
—
—
Total consolidated net revenues
$9,556
$9,664
$8,347
(1.1)%
15.8%


Question: Analyse this data from a financial earnings document. What are the average net revenues by Automotive and Discrete Group (ADG)?
Choices:
340700
2205
1020
3407
3424
Correct choice index: 3
Operating Leases and Other Contractual Commitments
VMware leases office facilities and equipment under various operating arrangements. VMware’s minimum future lease commitments and other contractual commitments at January 31, 2020 were as follows (table in millions):
(1) Amounts in the table above exclude legally binding minimum lease payments for leases signed but not yet commenced of $361 million, as well as expected sublease income.
The amount of the future lease commitments after fiscal 2025 is primarily for the ground leases on VMware’s Palo Alto, California headquarter facilities, which expire in fiscal 2047. As several of VMware’s operating leases are payable in foreign currencies, the operating lease payments may fluctuate in response to changes in the exchange rate between the U.S. dollar and the foreign currencies in which the commitments are payable.

Future Lease Commitments(1)
Purchase Obligations
Asset Retirement Obligations
Total
2021
$144
$168
$1
$313
2022
141
74
3
218
2023
127
13
2
142
2024
101
—
—
101
2025
77
—
2
79
Thereafter
612
—
5
617
Total
$1,202
$255
$13
$1,470


Question: Analyse this data from a financial earnings document. What was the change in total contractual obligations between 2023 and 2022?
Choices:
95
30956
-76
0
217
Correct choice index: 2
12. Earnings per share How are earnings per share calculated?
Basic earnings per share is calculated by dividing the profit after tax attributable to equity shareholders by the weighted average number of shares in issue after deducting the own shares held by employee share ownership trusts and treasury shares.
In calculating the diluted earnings per share, share options outstanding and other potential shares have been taken into account where the impact of these is dilutive. Options over 36m shares (2017/18: 23m shares, 2016/17: 27m shares) were excluded from the calculation of the total diluted number of shares as the impact of these is antidilutive.
The earnings per share calculations are based on profit after tax attributable to equity shareholders of the parent company which excludes non-controlling interests. Profit after tax was £2,159m (2017/18: £2,032m, 2016/17: £1,908m) and profit after tax attributable to non-controlling interests was £3m (2017/18: £4m, 2016/17: £1m). Profit attributable to non-controlling interests is not presented separately in the financial statements as it is not material.

Year ended 31 March
2019
2018
2017
Basic weighted average number of shares (millions)
9,912
9,911
9,938
Dilutive shares from share options (millions)
6
2
27
Dilutive shares from executive share awards (millions)
57
48
29
Diluted weighted average number of shares (millions)
9,975
9,961
9,994
Basic earnings per share
21.8p
20.5p
19.2p
Diluted earnings per share
21.6p
20.4p
19.1p


Question: Analyse this data from a financial earnings document. What was the change in the Basic weighted average number of shares (millions) from 2018 to 2019?
Choices:
1
19823
9885
0
-49
Correct choice index: 0
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)  During fiscal 2019, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:
Included in the above results are $163.5 million of charges that have resulted or will result in cash outflows and $4.7 million in non-cash charges.

International
Pinnacle Foods
Corporate
Total
Other cost of goods sold
$—
$3.7
$—
$3.7
Total cost of goods sold .
—
3.7
—
3.7
Severance and related costs
0.7
0.6
110.8
112.1
Accelerated depreciation
—
—
4.7
4.7
Contract/lease termination .
—
0.8
0.3
1.1
Consulting/professional fees .
0.2
—
38.1
38.3
Other selling, general and administrative expenses .
0.1
—
8.2
8.3
Total selling, general and administrative expenses
1.0
1.4
162.1
164.5
Consolidated total
$1.0
$5.1
$162.1
$168.2


Question: Analyse this data from a financial earnings document. What is the proportion of cash charges that have resulted or will result in cash outflows over total consolidated pre-tax expenses?
Choices:
-0.97
27500.7
0.17
972.06
0.97
Correct choice index: 4
Information about Contract Balances
Amounts collected in advance of services being provided are accounted for as deferred revenue. Nearly all of the Company's deferred revenue balance is related to services revenue, primarily customer support contracts.
In some arrangements the Company allows customers to pay for term based software licenses and products over the term of the software license. Amounts recognized as revenue in excess of amounts billed are recorded as unbilled receivables. Unbilled receivables which are anticipated to be invoiced in the next twelve months are included in Accounts receivable on the consolidated balance sheet. Long term unbilled receivables are included in Other assets. The opening and closing balances of the Company’s accounts receivable, unbilled receivables, and deferred revenues are as follows:
The increase in accounts receivable is primarily a result of an increase in subscription software transactions that are recognized as revenue at the time of sale but paid for over time. The net increase in deferred revenue is primarily the result of an increase in deferred customer support revenue related to software and products revenue transactions and customer support renewals during fiscal 2019.
The amount of revenue recognized in the period that was included in the opening deferred revenue balance was $238,603 for the year ended March 31, 2019. The vast majority of this revenue consists of customer support arrangements. The amount of revenue recognized from performance obligations satisfied in prior periods was not material.
Notes to Consolidated Financial Statements — (Continued) (In thousands, except per share data)

Accounts Receivable
Unbilled Receivable (current)
Unbilled Receivable (long-term)
Deferred Revenue (current)
Deferred Revenue (long-term)
Opening Balance as of March 31, 2018
$152,219
$9,900
$4,380
$241,113
$84,661
Increase/(decrease), net
9,351
5,366
2,836
(2,674)
14,596
Ending Balance as of March 31, 2019
$161,570
$15,266
$7,216
$238,439
$99,257


Question: Analyse this data from a financial earnings document. How many times more in current unbilled receivables than long-term unbilled receivables did the company have in its opening balance?
Choices:
2.26
0.44
67345.38
1.84
0.12
Correct choice index: 0
note 4 - goodwill and other intangible assets : goodwill the company had approximately $ 93.2 million and $ 94.4 million of goodwill at december 30 , 2017 and december 31 , 2016 , respectively .
the changes in the carrying amount of goodwill for the years ended december 30 , 2017 and december 31 , 2016 are as follows ( in thousands ) : .

2017
2016
Balance, beginning of year
$94,417
$10,258
Goodwill acquired as part of acquisition
—
84,159
Working capital settlement
(1,225)
—
Impairment loss
—
—
Balance, end of year
$93,192
$94,417

goodwill is allocated to each identified reporting unit , which is defined as an operating segment or one level below the operating segment .
goodwill is not amortized , but is evaluated for impairment annually and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable .
the company completes its impairment evaluation by performing valuation analyses and considering other publicly available market information , as appropriate .
the test used to identify the potential for goodwill impairment compares the fair value of a reporting unit with its carrying value .
an impairment charge would be recorded to the company 2019s operations for the amount , if any , in which the carrying value exceeds the fair value .
in the fourth quarter of fiscal 2017 , the company completed its annual impairment testing of goodwill and no impairment was identified .
the company determined that the fair value of each reporting unit ( including goodwill ) was in excess of the carrying value of the respective reporting unit .
in reaching this conclusion , the fair value of each reporting unit was determined based on either a market or an income approach .
under the market approach , the fair value is based on observed market data .
other intangible assets the company had approximately $ 31.3 million of intangible assets other than goodwill at december 30 , 2017 and december 31 , 2016 .
the intangible asset balance represents the estimated fair value of the petsense tradename , which is not subject to amortization as it has an indefinite useful life on the basis that it is expected to contribute cash flows beyond the foreseeable horizon .
with respect to intangible assets , we evaluate for impairment annually and whenever events or changes in circumstances indicate that the carrying value may not be recoverable .
we recognize an impairment loss only if the carrying amount is not recoverable through its discounted cash flows and measure the impairment loss based on the difference between the carrying value and fair value .
in the fourth quarter of fiscal 2017 , the company completed its annual impairment testing of intangible assets and no impairment was identified. .

Question: Analyse this data from a financial earnings document. what was the ratio of the goodwill and other intangible assets for the company had approximately in 2017 to 2016
Choices:
1.01288
0.00987
187.6
-12.97669
0.98729
Correct choice index: 4