trismik/FinRAG huggingface dataset:
Administrative expenses
The Group has adopted IFRS 16 ‘Leases’ in the period, which impacts Other costs and Depreciation & amortisation within Operating profit. Property and vehicle rental charges are no longer included in other costs, and depreciation now includes depreciation on leased assets. Prior period comparatives have been restated to reflect these changes as the fully retrospective approach has been used.
Operating costs continue to be well controlled, with administrative expenses increasing by 3% to £112.3m (2018 restated: £108.8m).
People costs, which comprise all staff costs including third-party contractor costs, increased by 3% in the year to £56.4m (2018: £54.8m). The increase in people costs was driven primarily by underlying salary costs which increased due to strong competition for digital talent, however this has been partially offset by a reduction in average full-time equivalent employees (‘FTEs’) (including contractors) to 804 (2018: 824). The number of FTEs was particularly impacted in the fourth quarter by the transfer of 15 staff to Dealer Auction, our joint venture with Cox Automotive UK. Share-based payments, including applicable national insurance costs of £5.9m (2018: £3.7m), have been included within people costs. The year-on-year increase in the share-based payment charge was due to leavers under the Performance Share Plan in 2018 for which a credit was recognised in the prior year, and a change in the way senior management are remunerated. The Group now settles a greater proportion of the senior management incentive scheme in shares which increases the share-based payment charge with an offset realised within cash bonuses.
Marketing spend increased in line with revenue by 8% to £17.6m (2018: £16.3m), as we look to maintain and enhance our audience position and educate consumers on new products such as new car offerings and search by monthly payment.
Other costs, which include data services, property related costs and other overheads, remain well controlled and increased by 2% on a like-for-like basis to £29.4m (2018 restated: £28.7m).
Depreciation & amortisation remained broadly flat at £8.9m (2018 restated: £9.0m). Within this was depreciation of £2.0m in relation to lease assets (2018 restated: £1.9m).
1    2018 has been restated for the impact of IFRS 16.

2019
2018
Costs
£m
£m
Change
People costs
56.4
54.8
3%
Marketing
17.6
16.3
8%
Other costs
29.4
28.7
2%
Depreciation and amortisation
8.9
9.0
(1%)
Total administrative expenses
112.3
108.8
3%


Question: Analyse this data from a financial earnings document. What was the change in Other costs in 2019 from 2018?
Choices:
0.3
0
29.4
27.4
0.7
Correct choice index: 4
Item 6. Selected Financial Data
You should read the following selected consolidated financial data in conjunction with Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," and our consolidated financial statements and the related notes included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
The consolidated statements of income data for each of the years ended December 31, 2019, 2018, and 2017 and the consolidated balance sheets data as of December 31, 2019 and 2018 are derived from our audited consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K. The consolidated statements of income data for the years ended December 31, 2016 and 2015 and the consolidated balance sheets data as of December 31, 2017, 2016, and 2015 are derived from our audited consolidated financial statements, except as otherwise noted, that are not included in this Annual Report on Form 10-K. Our historical results are not necessarily indicative of our results in any future period.
(1) Total costs and expenses include 4,840 million, 4,150 million, 3,720 million, 3,220 million, and 2,970 million of share-based compensation for the years ended December 31, 2019, 2018, 2017, 2016, and 2015, respectively.

Year Ended December 31,
2019
2018
2017
2016
2015
(in millions, except per share data)
Consolidated Statements of Income Data:
Revenue
$70,697
$55,838
$40,653
$27,638
$17,928
Total costs and expenses(1)
$46,711
$30,925
$20,450
$15,211
$11,703
Income from operations
$23,986
$24,913
$20,203
$12,427
$6,225
Income before provision for income taxes
$24,812
$25,361
$20,594
$12,518
$6,194
Net income
$18,485
$22,112
$15,934
$10,217
$3,688
Net income attributable to Class A and Class B common stockholders
$18,485
$22,111
$15,920
$10,188
$3,669
Earnings per share attributable to Class A and Class B common stockholders:
Basic
$6.48
$7.65
$5.49
$3.56
$1.31
Diluted
$6.43
$7.57
$5.39
$3.49
$1.29


Question: Analyse this data from a financial earnings document. What is the change in revenue between 2018 and 2019?
Choices:
-14859
-35388
14859000000
-43411
14859
Correct choice index: 4
Other payables and accrued liabilities consisted of the following:
Derivative instruments are further described in Note 27.
As of December 31, 2019, payables to equity-method investments was nil compared to $49 million as of December 31, 2018, as a result of the wind-down of the joint venture with Ericsson.
On January 1, 2019, the Company adopted the new guidance on lease accounting and the current portion of the lease obligation is now included in other payables and accrued liabilities. The impact of the adoption of this new guidance is further described in Note 11.
Other payables and accrued liabilities also include individually insignificant amounts as of December 31, 2019 and December 31, 2018, presented cumulatively in line “Others”.

December 31, 2019
December 31, 2018
Employee related liabilities
375
384
Employee compensated absences
138
125
Taxes other than income taxes
53
60
Advances
63
77
Payables to equity-method investments
—
49
Derivative instruments
7
34
Provision for restructuring
10
22
Defined benefit plans – current portion
10
12
Defined contribution plans – accrued benefits
20
18
Other long-term benefits – current portion
7
6
Royalties
21
26
Current lease obligation
55
—
Deferred consideration for business combinations
10
—
Others
62
61
Total
831
874


Question: Analyse this data from a financial earnings document. What is the average Taxes other than income taxes?
Choices:
113
56.5
5650
0.4
57
Correct choice index: 1
entergy corporation and subsidiaries notes to financial statements computed on a rolling 12 month basis .
as of december 31 , 2008 , entergy louisiana was in compliance with these provisions .
as of december 31 , 2008 , entergy louisiana had future minimum lease payments ( reflecting an overall implicit rate of 7.45% ( 7.45 % ) ) in connection with the waterford 3 sale and leaseback transactions , which are recorded as long-term debt , as follows : amount ( in thousands ) .

Amount (In Thousands)
2009
$32,452
2010
35,138
2011
50,421
2012
39,067
2013
26,301
Years thereafter
137,858
Total
321,237
Less: Amount representing interest
73,512
Present value of net minimum lease payments
$247,725

grand gulf lease obligations in december 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million .
the interests represent approximately 11.5% ( 11.5 % ) of grand gulf .
the leases expire in 2015 .
under certain circumstances , system entergy may repurchase the leased interests prior to the end of the term of the leases .
at the end of the lease terms , system energy has the option to repurchase the leased interests in grand gulf at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate .
in may 2004 , system energy caused the grand gulf lessors to refinance the outstanding bonds that they had issued to finance the purchase of their undivided interest in grand gulf .
the refinancing is at a lower interest rate , and system energy's lease payments have been reduced to reflect the lower interest costs .
system energy is required to report the sale-leaseback as a financing transaction in its financial statements .
for financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation .
however , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes .
consistent with a recommendation contained in a ferc audit report , system energy initially recorded as a net regulatory asset the difference between the recovery of the lease payments and the amounts expensed for interest and depreciation and continues to record this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term .
the amount of this net regulatory asset was $ 19.2 million and $ 36.6 million as of december 31 , 2008 and 2007 , respectively. .

Question: Analyse this data from a financial earnings document. what portion of the future minimum lease payments for entergy louisiana will be used for interest payments?
Choices:
0.22884
0.00023
0.15696
2.26525
1
Correct choice index: 0
Stock-Based Compensation
The Company recognized total stock-based compensation cost related to equity incentive awards as follows (in thousands):
A small portion of stock-based compensation cost above is capitalized in accordance with the accounting guidance for internal-use software. The Company uses the straight-line attribution method for recognizing stock-based compensation expense.

For the Year Ended December 31,
2019
2018
2017
Stock-based compensation cost:
Common stock warrants
$—
$512
$484
Stock options
16,489
13,279
11,295
Restricted stock units
14,585
90
—
Employee stock purchase plan
3,326
2,069
—
Total stock-based compensation cost
$34,400
$15,950
$11,779


Question: Analyse this data from a financial earnings document. What is the change in common stock warrants between 2017 and 2018?
Choices:
28
13552
0
996
2800
Correct choice index: 0
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index .
the graph assumes that the value of the investment in our common stock on january 2 , 2010 and in each index on december 31 , 2009 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of cadence 2019s fiscal year through january 3 , 2015 and , for each index , on the last day of the calendar comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc .
nasdaq composite s&p 400 information technology 12/28/13 1/3/151/1/11 12/31/11 12/29/121/2/10 *$ 100 invested on 1/2/10 in stock or 12/31/09 in index , including reinvestment of dividends .
indexes calculated on month-end basis .
copyright a9 2014 s&p , a division of the mcgraw-hill companies inc .
all rights reserved. .

1/2/2010
1/1/2011
12/31/2011
12/29/2012
12/28/2013
1/3/2015
Cadence Design Systems, Inc.
100.00
137.90
173.62
224.37
232.55
314.36
NASDAQ Composite
100.00
117.61
118.70
139.00
196.83
223.74
S&P 400 Information Technology
100.00
128.72
115.22
135.29
173.25
187.84

the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Question: Analyse this data from a financial earnings document. what was the difference in percentage cumulative 5-year total stockholder return for cadence design systems inc . and the nasdaq copmosite for the period ended 1/3/2015?
Choices:
41.6346
0
-12371.8564
0.9062
214.36
Correct choice index: 3
Item 14. Principal Accountant Fees and Services
Fees For Professional Audit Services
The following is a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018:
(1) Represents the aggregate fees billed for the audit of the Company’s financial statements, review of the financial statements included in the Company’s quarterly reports and services in connection with the statutory and regulatory filings or engagements for those years.
(2)  Represents the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Company’s financial statements and are not reported under “audit fees.”
(3)  Represents the aggregate fees billed for tax compliance, advice and planning.
(4)  Represents the aggregate fees billed for all products and services provided that are not included under “audit fees,” “audit-related fees” or “tax fees.”

Fiscal Year
Fiscal Year
2019
2018
Audit Fees(1)
$1,925,000
$1,956,000
Audit-Related Fees(2)
—
14,000
Tax Fees(3)
—
—
All Other Fees(4)
222,000
157,000
Total Fees
$2,147,000
$2,127,000


Question: Analyse this data from a financial earnings document. What is the ratio of total fees in 2019 to total fees in 2018?
Choices:
-2.97
1.01
1
0.1
-1.01
Correct choice index: 1
Other Income (Expense)
Interest Income
Interest income represents interest earned on our cash, cash equivalents, and investments.
Interest income increased by $16.9 million in fiscal year 2019. The increase in our interest income is associated with the increase in invested funds, primarily as a result of proceeds of approximately $600 million related to the common stock and convertible note offering in March 2018 and, to a lesser extent, higher yields on those invested funds.
Interest Expense
Interest expense includes both stated interest and the amortization of debt discount and issuance costs associated with the $400.0 million aggregate principal amount of our Convertible Senior Notes that were issued in March 2018. Accordingly, interest expense in fiscal year 2019 is higher than fiscal year 2018 as the notes were only outstanding for part of fiscal year 2018.
Interest expense increased $10.9 million in fiscal year 2019, compared to the same period a year ago. Interest expense for fiscal year 2019 consists of noncash interest expense of $12.2 million related to the amortization of debt discount and issuance costs and stated interest of $5.0 million.
Other Income (Expense), Net
Other income (expense), net consists primarily of foreign exchange gains and losses resulting from fluctuations in foreign exchange rates on monetary asset and monetary liability balances that are denominated in currencies other than the functional currency of the entity in which they are recorded. We currently have entities with a functional currency of the Argentine Peso, Australian Dollar, Brazilian Real, British Pound, Canadian Dollar, Euro, Japanese Yen, Malaysian Ringgit, and Polish Zloty.
We realized a net currency exchange loss of $1.9 million in fiscal year 2019 as compared to a net currency exchange gain of $0.5 million in fiscal year 2018 as a result of exchange rate movements on foreign currency denominated accounts against the US Dollar.

Fiscal years ended July 31,
2019
2018
Change
Amount 
Amount 
($)
(%)
(In thousands, except percentages)
Interest income
$30,182
$13,281
16,901
127
Interest expense
$(17,334)
$(6,442)
(10,892)
169
Other income (expense), net
$(1,867)
$509
(2,376)
(467)


Question: Analyse this data from a financial earnings document. What was the average Interest income for 2018 and 2019?
Choices:
43463
21731.5
8450.5
21.7
22240.5
Correct choice index: 1
General and administrative expenses consist primarily of payroll and payroll related benefits expenses, related overhead, audit fees, other professional fees, contract labour and consulting expenses and public company costs.
General and administrative expenses increased by $2.7 million during the year ended June 30, 2019 as compared to the prior fiscal year. This was primarily due to an increase in payroll and payroll-related benefits of $4.1 million and an increase in other miscellaneous expenses of $2.2 million, which includes professional fees such as legal, audit and tax related expenses. These were partially offset by a reduction in the use of facility and related expenses of $4.5 million. The remainder of the change was attributable to other activities associated with normal growth in our business operations. Overall, general and administrative expenses, as a percentage of total revenue, remained at approximately 7%.
Our general and administrative labour resources increased by 119 employees, from 1,501 employees at June 30, 2018 to 1,620 employees at June 30, 2019.

Change between Fiscal increase (decrease)
(In thousands)
2019 and 2018
2018 and 2017
Payroll and payroll-related benefits
$4,089
$22,908
Contract labour and consulting
(618)
(1,054)
Share-based compensation
768
(1,709)
Travel and communication
794
80
Facilities
(4,537)
5,777
Other miscellaneous
2,186
8,872
Total change in general and administrative expenses
$2,682
$34,874


Question: Analyse this data from a financial earnings document. What is the difference in the increase of Travel and communication expense in fiscal years 2019 and 2018 as compared to 2018 and 2017?
Choices:
874
566916
1848
714
-80
Correct choice index: 3
American Tower Corporation • 2019 Annual Report
Appendix 1 • Letter to Stakeholders
RETURN ON INVESTED CAPITAL (ROIC) RECONCILIATION1 ($ in millions. Totals may not add due to rounding.)
1 Historical denominator balances reflect purchase accounting adjustments
2 Represents Q4 2015 annualized numbers to account for full year impact of Verizon Transaction.
3 Represents Q4 2016 annualized numbers to account for full year impact of Viom Transaction
4 Adjusted to annualize impacts of acquisitions closed throughout the year.
5 Positively impacted by the Company's settlement with Tata in Q4 2018.
6 Excludes the impact of deferred tax adjustments related to valuation.

2015 2
2016 3
2017 4
2018 4,5
2019 4
Adjusted EBITDA
$3,206
$3,743
$4,149
$4,725
$4,917
Cash Taxes
(107)
(98)
(137)
(172)
(168)
Maintenance Capex
(124)
(159)
(115)
(150)
(160)
Corporate Capex
(26)
(27)
(17)
(9)
(11)
Numerator
$2,948
$3,459
$3,880
$4,394
$4,579
Gross PPE
$14,397
$15,652
$16,950
$17,717
$19,326
Gross Intangibles
12,671
14,795
16,183
16,323
18,474
Gross Goodwill6
4,240
4,510
4,879
4,797
5,492
Denominator
$31,308
$34,957
$38,012
$38,837
$43,292
ROIC
9.4%
9.9%
10.2%
11.3%
10.6%


Question: Analyse this data from a financial earnings document. What was the change in adjusted EBITDA between 2016 and 2017?
Choices:
7892
1174
406
1783964
0
Correct choice index: 2
The following table summarizes the components of net periodic pension cost recognized in the consolidated statements of operations for the plans for the years ended December 31, 2019, 2018 and 2017:
The components of net periodic pension cost other than the service cost component are included in other, net within other income (expense) in the consolidated statements of operations.
In 2019, we purchased a group annuity contract to transfer the pension benefit obligations and annuity administration for a select group of retirees or their beneficiaries to an annuity provider. Upon issuance of the group annuity contract, the pension benefit obligation of $24.4 million for approximately 500 participants was irrevocably transferred to the annuity provider. The purchase of the group annuity was funded directly by the assets of the Pension Plans. During the year ended December 31, 2019, we recognized a pension settlement charge of $6.7 million as a result of the transfer of the pension liability to the annuity provider and other lump sum payments made during the year.
In 2018 and 2017, the Retirement Plan was amended to freeze benefit accruals under the cash balance benefit plan for certain participants under collective bargaining agreements. As a result of these amendments, we recognized a pre-tax curtailment gain of $1.2 million and $1.3 million as a component of net periodic pension cost during the years ended December 31, 2018 and 2017, respectively.

(In thousands)
2019
2018
2017
Service cost
$ 50
$ 5,809
$ 3,055
Interest cost
30,327
28,870
21,882
Expected return on plan assets
(34,627)
(38,640)
(28,459)
Amortization of:
Net actuarial loss
2,890
6,110
6,244
Prior service cost (credit)
123
(204)
(316)
Plan curtailment
—
(1,156)
(1,337)
Plan settlement
6,726
94
17
Net periodic pension cost
$ 5,489
$ 883
$ 1,086


Question: Analyse this data from a financial earnings document. What was the average interest cost for 2017-2019?
Choices:
659.18
27.03
7294.35
7779.67
27026.33
Correct choice index: 4
A reconciliation of the provision for income taxes to the amount computed by applying the statutory federal income tax rate to income before income taxes for the periods presented was as follows:
The Company's effective tax rate for fiscal 2019 was favorably impacted primarily by excess tax benefits related to employee stock-based payment transactions and federal research tax credits, partially offset by an increase in valuation allowances arising from foreign withholding tax and an increase in taxes related to the sale of the commercial cybersecurity business.
The Company's effective tax rate for fiscal 2018 was favorably impacted primarily by a decrease in valuation allowances arising from the taxable conversion of a subsidiary and the utilization of capital losses, an increase in deferred tax assets related to stock basis of a subsidiary held for sale, excess tax benefits related to employee stock-based payment transactions and federal research tax credits.
The Company's effective tax rate for fiscal 2017 was favorably impacted primarily by the Tax Act's reduction of the federal corporate tax rate from 35% to 21% applied to the Company's fiscal 2017 year-end deferred tax balances and excess tax benefits related to employee stock-based payment transactions.

Year Ended
January 3, 2020
December 28, 2018
December 29, 2017
(in millions)
Amount computed at the statutory federal income tax rate
$182
$128
$138
State income taxes, net of federal tax benefit
22
10
31
Excess tax benefits from stock-based compensation
(11)
(9)
(12)
Research and development credits
(11)
(9)
(7)
Change in valuation allowance for deferred tax assets
6
(49)
7
Stock basis in subsidiary held for sale
5
(16)
—
Change in accruals for uncertain tax positions
4
1
—
Dividends paid to employee stock ownership plan
(2)
(2)
(4)
Impact of foreign operations
2
—
(4)
Taxable conversion of a subsidiary
—
(17)
—
Change in statutory federal tax rate
—
(10)
(125)
Capitalized transaction costs
—
—
9
Other
(1)
1
(4)
Total
$196
$28
$29
Effective income tax rate
22.6%
4.6%
7.4%


Question: Analyse this data from a financial earnings document. What is the average Excess tax benefits from stock-based compensation in 2018 and 2017?
Choices:
-1050
-94.5
-10.5
21
1.5
Correct choice index: 2
(1) Include cost of equipment sold, content and programming costs, payments to other carriers, franchise fees and network costs.
(2) Include advertising and marketing expenses, selling costs, billing expenses, bad debts and collection expenses.
(3) Include office building expenses, professional service fees, Canadian Radio-television and Telecommunications Commission (“CRTC”) fees, losses and gains on disposals and write-offs of property, plant and equipment and other administrative expenses.
9. OPERATING EXPENSES

Years ended August 31,
2019
2018
(In thousands of Canadian dollars)
$
$
(restated, Note 3)
Salaries, employee benefits and outsourced services
345,041
317,118
Service delivery costs(1)
661,214
615,267
Customer related costs(2)
83,401
68,744
Other external purchases(3)
114,324
120,496
1,203,980
1,121,625


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Service delivery costs from 2018 to 2019?
Choices:
28269672849
-45947
0
45947
459
Correct choice index: 3