trismik/FinRAG huggingface dataset:
Telecommunications Segment
Net revenue: Net revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $97.5 million to $696.1 million from $793.6 million for the year ended December 31, 2018. The decrease can be attributed to changes in our customer mix, fluctuations in wholesale voice termination volumes and market pressures, which resulted in a decline in revenue contribution.
Cost of revenue: Cost of revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $94.2 million to $684.9 million from $779.1 million for the year ended December 31, 2018. The decrease was directly correlated to the fluctuations in wholesale voice termination volumes, in addition to a slight reduction in margin mix attributed to market pressures on call termination rates.
Selling, general and administrative: Selling, general and administrative expenses from our Telecommunications segment for the year ended December 31, 2019 decreased $1.2 million to $8.2 million from $9.4 million for the year ended December 31, 2018. The decrease was primarily due to a decrease in compensation expense due to headcount decreases and reductions in bad debt expense.
Other operating expense: $4.5 million of other operating expense for the year ended December 31, 2019 was driven by impairment of goodwill as a result of declining performance at the segment.

Years Ended December 31,
2019
2018
Increase / (Decrease)
Net revenue
$696.1
$793.6
$(97.5)
Cost of revenue
684.9
779.1
(94.2)
Selling, general and administrative
8.2
9.4
(1.2)
Depreciation and amortization
0.3
0.3
—
Other operating expense
4.5
—
4.5
Income (loss) from operations
(1.8)
$4.8
$(6.6)


Question: Analyse this data from a financial earnings document. What is the percentage increase / (decrease) in the Depreciation and amortization from 2018 to 2019?
Choices:
-2
98
-1
0
-793
Correct choice index: 3
Telecommunications Segment
ICS operates an extensive network of direct routes and offers premium voice communication services for carrying a mix of business, residential and carrier long-distance traffic, data and transit traffic. Customers may have a bilateral relationship with ICS, meaning they have both a customer and vendor relationship with ICS. In these cases, ICS sells the customer access to the ICS supplier routes but also purchases access to the customer’s supplier routes.
Net revenue is derived from the long-distance data and transit traffic. Net revenue is earned based on the number of minutes during a call multiplied by the price per minute, and is recorded upon completion of a call. Completed calls are billable activity while incomplete calls are non-billable. Incomplete calls may occur as a result of technical issues or because the customer’s credit limit was exceeded and thus the customer routing of traffic was prevented.
Revenue for a period is calculated from information received through ICS’s billing software, such as minutes and market rates. Customized billing software has been implemented to track the information from the switch and analyze the call detail records against stored detailed information about revenue rates. This software provides ICS with the ability to perform a timely and accurate analysis of revenue earned in a period.
ICS evaluates gross versus net revenue recognition for each of its contractual arrangements by assessing indicators of control and significant influence to determine whether the ICS acts as a principal (i.e. gross recognition) or an agent (i.e. net recognition). ICS has determined that it acts as a principal for all of its performance obligations in connection with all revenue earned. Net revenue represents gross revenue, net of allowance for doubtful accounts receivable, service credits and service adjustments. Cost of revenue includes network costs that consist of access, transport and termination costs. The majority of ICS’s cost of revenue is variable, primarily based upon minutes of use, with transmission and termination costs being the most significant expense.
Disaggregation of Revenues ICS's revenues are predominantly derived from wholesale of international long distance minutes (in millions):

Years Ended December 31,
2019
2018
Termination of long distance minutes
$696.1
$793.6
Total revenue from contracts with customers
696.1
793.6
Other revenue
—
—
Total Telecommunications segment revenue
$696.1
$793.6


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in the Termination of long distance minutes from 2018 to 2019?
Choices:
-97500000
1489.7
97.5
-97.5
-891.1
Correct choice index: 3
Selling, general and administrative
Selling, general and administrative expense consists primarily of salaries and other personnel-related costs, professional fees, insurance costs, and other business development and selling expenses.
The following table shows selling, general and administrative expense for the years ended December 31, 2019, 2018, and 2017:
Selling, general and administrative expense in 2019 increased compared to 2018 primarily due to higher employee compensation expense, lower accretion expense in 2018 associated with the reduction in our module collection and recycling liability described above, and higher professional fees.

Year Ended
Change
(Dollars in thousands)
2019
2018
2017
2019 over 2018
2018 over 2017
Selling, general and administrative
$205,471
$176,857
$202,699
$28,614
16%
$(25,842)
(13)%
% of net sales .
6.7%
7.9%
6.9%


Question: Analyse this data from a financial earnings document. What is the difference in net sales amount in 2019 and 2018?
Choices:
828035.14
-5305427.55
-954502.45
-2033225.27
786662.01
Correct choice index: 0
3.5 INCOME TAXES
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
Fiscal 2019 income taxes expense amounted to $83.7 million compared to a recovery of $17.2 million for the prior year mainly attributable to: • the effect of the federal rate reduction in the second quarter of fiscal 2018 in the United States; • the increase in profit before income taxes which is mostly related to the impact of the MetroCast acquisition completed in the second quarter of fiscal 2018, and • the appreciation of the US dollar against the Canadian dollar compared to the prior year.
On March 19, 2019, the Department of Finance Canada confirmed the acceleration of tax depreciation on most capital investments for property, plant and equipment acquired after November 20, 2018, which phases out during the period from 2023 to 2028. The federal accelerated tax depreciation had a favorable impact on the current income tax expense of the Corporation in fiscal 2019. On March 21, 2019, the Québec Department of Finance confirmed that it would harmonize with the Federal legislation.
On December 22, 2017, the U.S. federal government enacted the Tax Cuts and Jobs Act (the "Act"). The tax reform reduced the general federal corporate tax rate from 35% to 21% starting after 2017 which reduced net deferred tax liabilities by approximately $94 million (US$74 million) in the second quarter of fiscal 2018. In addition, the Act calls for other changes such as interest deductibility limitations, full deduction of acquisitions of tangible assets, net operating losses limitations as well as base erosion anti-avoidance, which together with tax rate reductions, had an overall favorable impact on the income tax expense.

Years ended August 31,
2019
2018 (1)
Change
(in thousands of dollars, except percentages)
$
$
%
Profit before income taxes
440,563
367,380
19.9
Combined Canadian income tax rate
26.50%
26.50%
—
Income taxes at combined Canadian income tax rate
116,749
97,356
19.9
Difference in operations' statutory income tax rates
1,466
(3)
—
Impact on deferred taxes as a result of changes in substantively enacted tax rates
15
(94,175)
—
Impact on income taxes arising from non-deductible expenses and non-taxable profit
(565)
1,670
—
Tax impacts related to foreign operations
(28,633)
(22,099)
29.6
Other
(5,377)
53
—
83,655
(17,198)
—


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the Profit before income taxes from 2018 to 2019?
Choices:
6
440489
73183
-73183
-367376
Correct choice index: 2
18. Other taxes
The other taxes (for example property tax, motor vehicle tax, excise tax and transaction tax) have the following effects on the income statement:

€ million
2017/2018
2018/2019
Other taxes
79
79
thereof from cost of sales
(1)
(1)
thereof from selling expenses
(65)
(62)
thereof from general administrative expenses
(13)
(16)


Question: Analyse this data from a financial earnings document. What was the change in Other taxes in 2018/2019 from 2017/2018?
Choices:
-18
80
141
0
61
Correct choice index: 3
The following is selected financial data for our reportable segments (in thousands):
ACI On Premise Segment Adjusted EBITDA decreased $2.6 million for the year ended December 31, 2019, compared to the same period in 2018, primarily due to a $5.2 million increase in cash operating expense, partially offset by a $2.6 million increase in revenue.
ACI On Demand Segment Adjusted EBITDA increased $54.5 million for the year ended December 31, 2019, compared to the same period in 2018, of which $46.4 million was due to the acquisition of Speedpay. Excluding the impact of the acquisition of Speedpay, ACI On Demand Segment Adjusted EBITDA increased $8.1 million, primarily due to a $18.3 million increase in revenue, partially offset by a $10.2 million increase in cash operating expense.

Years Ended December 31,
2019
2018
Revenues
ACI On Premise
$579,334
$576,755
ACI On Demand
678,960
433,025
Total revenue
$ 1,258,294
$ 1,009,780
Segment Adjusted EBITDA
ACI On Premise
$321,305
$323,902
ACI On Demand
66,501
12,015
Depreciation and amortization
(122,569 )
(97,350 )
Stock-based compensation expense
(36,763 )
(20,360 )
Corporate and unallocated expenses
(104,718 )
(92,296 )
Interest, net
(52,066 )
(30,388 )
Other, net
520
(3,724 )
Income before income taxes
$ 72,210
$ 91,799
Depreciation and amortization
ACI On Premise
$ 11,992
$ 11,634
ACI On Demand
34,395
31,541
Corporate
76,182
54,175
Total depreciation and amortization
$ 122,569
$ 97,350
Stock-based compensation expense
ACI On Premise
$ 7,651
$ 4,348
ACI On Demand
7,995
4,338
Corporate and other
21,117
11,674
Total stock-based compensation expense
$ 36,763
$ 20,360


Question: Analyse this data from a financial earnings document. What was the change in ACI on Premise revenues between 2018 and 2019?
Choices:
433025
1156089
2579
22939
258029
Correct choice index: 2
Subsequent to origination, the delinquency and write-off experience is monitored as key credit quality indicators for the portfolio of device payment plan agreement receivables and fixed-term service plans. The extent of collection efforts with respect to a particular customer are based on the results of proprietary custom empirically derived internal behavioral-scoring models that analyze the customer’s past performance to predict the likelihood of the customer falling further delinquent.
These customer-scoring models assess a number of variables, including origination characteristics, customer account history and payment patterns. Based on the score derived from these models, accounts are grouped by risk category to determine the collection strategy to be applied to such accounts.
Collection performance results and the credit quality of device payment plan agreement receivables are continuously monitored based on a variety of metrics, including aging. An account is considered to be delinquent and in default status if there are unpaid charges remaining on the account on the day after the bill’s due date.
At December 31, 2019 and 2018, the balance and aging of the device payment plan agreement receivables on a gross basis was as follows:

2019
2018
Unbilled
$ 22,827
$ 24,282
Billed:
Current
1,286
1,465
Past due
236
271
Device payment plan agreement receivables, gross
$ 24,349
$ 26,018


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the unbilled from 2018 to 2019?
Choices:
-1522
-24011
1
-1455
1455
Correct choice index: 3
the following table discloses purchases of shares of valero 2019s common stock made by us or on our behalf during the fourth quarter of period total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .

Period
Total Numberof SharesPurchased
AveragePrice Paidper Share
Total Number ofShares NotPurchased as Part ofPublicly AnnouncedPlans or Programs (a)
Total Number ofShares Purchased asPart of PubliclyAnnounced Plans orPrograms
Approximate DollarValue of Shares thatMay Yet Be PurchasedUnder the Plans orPrograms (b)
October 2014
3,180,678
$46.27
302,005
2,878,673
$ 1.8 billion
November 2014
2,001,273
$50.32
119,047
1,882,226
$ 1.7 billion
December 2014
5,120,398
$48.56
2,624
5,117,774
$ 1.5 billion
Total
10,302,349
$48.20
423,676
9,878,673
$ 1.5 billion

( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2014 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .
( b ) on february 28 , 2008 , we announced that our board of directors approved a $ 3 billion common stock purchase program .
this $ 3 billion program has no expiration date. .

Question: Analyse this data from a financial earnings document. how many more shares were purchased as part of publicly announced plans in december 2014 than october 2014?
Choices:
5115150
4998727
7996447
2239101.0
-2239101
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 change in mark-to-market interest rate swaps valuation between 2018 and 2019?
Choices:
-40721
-6301
-6290
-23
-6299
Correct choice index: 2
movement in exit cost liabilities the movement in exit cost liabilities for pmi was as follows : ( in millions ) .

Liability balance, January 1, 2014
$308
Charges, net
391
Cash spent
(360)
Currency/other
(69)
Liability balance, December 31, 2014
$270
Charges, net
68
Cash spent
(232)
Currency/other
(52)
Liability balance, December 31, 2015
$54

cash payments related to exit costs at pmi were $ 232 million , $ 360 million and $ 21 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively .
future cash payments for exit costs incurred to date are expected to be approximately $ 54 million , and will be substantially paid by the end of 2017 .
the pre-tax asset impairment and exit costs shown above are primarily a result of the following : the netherlands on april 4 , 2014 , pmi announced the initiation by its affiliate , philip morris holland b.v .
( 201cpmh 201d ) , of consultations with employee representatives on a proposal to discontinue cigarette production at its factory located in bergen op zoom , the netherlands .
pmh reached an agreement with the trade unions and their members on a social plan and ceased cigarette production on september 1 , 2014 .
during 2014 , total pre-tax asset impairment and exit costs of $ 489 million were recorded for this program in the european union segment .
this amount includes employee separation costs of $ 343 million , asset impairment costs of $ 139 million and other separation costs of $ 7 million .
separation program charges pmi recorded other pre-tax separation program charges of $ 68 million , $ 41 million and $ 51 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively .
the 2015 other pre-tax separation program charges primarily related to severance costs for the organizational restructuring in the european union segment .
the 2014 other pre-tax separation program charges primarily related to severance costs for factory closures in australia and canada and the restructuring of the u.s .
leaf purchasing model .
the 2013 pre-tax separation program charges primarily related to the restructuring of global and regional functions based in switzerland and australia .
contract termination charges during 2013 , pmi recorded exit costs of $ 258 million related to the termination of distribution agreements in eastern europe , middle east & africa ( due to a new business model in egypt ) and asia .
asset impairment charges during 2014 , pmi recorded other pre-tax asset impairment charges of $ 5 million related to a factory closure in canada. .

Question: Analyse this data from a financial earnings document. what was the difference in cash payments related to exit costs at pmi from 2014 to 2015 in millions?
Choices:
-128
-128.0
0
-76
-111
Correct choice index: 1
declaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change .
in addition , under the terms of the merger agreement , we have agreed with aetna to coordinate the declaration and payment of dividends so that our stockholders do not fail to receive a quarterly dividend around the time of the closing of the merger .
on october 29 , 2015 , the board declared a cash dividend of $ 0.29 per share that was paid on january 29 , 2016 to stockholders of record on december 30 , 2015 , for an aggregate amount of $ 43 million .
stock total return performance the following graph compares our total return to stockholders with the returns of the standard & poor 2019s composite 500 index ( 201cs&p 500 201d ) and the dow jones us select health care providers index ( 201cpeer group 201d ) for the five years ended december 31 , 2015 .
the graph assumes an investment of $ 100 in each of our common stock , the s&p 500 , and the peer group on december 31 , 2010 , and that dividends were reinvested when paid. .

12/31/2010
12/31/2011
12/31/2012
12/31/2013
12/31/2014
12/31/2015
HUM
$100
$162
$128
$195
$274
$343
S&P 500
$100
$102
$118
$157
$178
$181
Peer Group
$100
$110
$129
$177
$226
$239

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. as of december 30 , what was the number of stockholders of record 2015 in millions
Choices:
1.48276
-148.27586
0.00674
148.27586
1
Correct choice index: 3
3. MARKETABLE SECURITIES
As of December 31, 2019, the Company did not hold any marketable securities.

December 31, 2018
(in thousands)
Amortized Cost
Unrealized Gains
Unrealized Losses
Fair Value
Municipal bonds
$44,802
$13
$(110)
$44,705
Corporate bonds
48,499
23
(226)
48,296
$93,301
$36
$(336)
$93,001


Question: Analyse this data from a financial earnings document. What is the value of the amortized costs of  the municipal bonds as a percentage of the total amortized cost?
Choices:
23288.63
48.02
208.25
1.44
44657.94
Correct choice index: 1
15 Goodwill and other intangible assets continued
Impairment
In accordance with the requirements of IAS 36 (Impairment of Assets), goodwill is allocated to the Group’s cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination that gave rise to the goodwill.
During 2019, we performed a review on the basis of identification of our individual CGUs. As a result of this review, we have consolidated a number of our current individual CGUs into groups of CGUs that represent the lowest level to which goodwill is monitored for internal management purposes, being each operating segment as disclosed in Note 3. As a result, we performed an impairment review at an operating segment CGU level, the breakdown of the goodwill value at 31st December across these is shown below:
In order to complete the transition to performing goodwill impairment reviews at an operating segment level, we also performed a goodwill impairment review as at 31st December 2019 under the historical CGU basis. The result of this impairment review led to an impairment of £4.2m being recognised in respect of Watson-Marlow FlowSmart. No other impairment was recognised.
The goodwill balance has been tested for annual impairment on the following basis:
• the carrying values of goodwill have been assessed by reference to value in use. These have been estimated using cash flows based on forecast information for the next financial year which have been approved by the Board and then extended up to a further 9 years based on the most recent forecasts prepared by management; • pre-tax discount rates range from 11-12% (2018: 10-15%); • short to medium-term growth rates vary between 3-8% depending on detailed forecasts (2018: 2-8%). The range in rates excludes the annualised impact of owning Thermocoax for a first full year in 2020. The short to medium-term is defined as not more than 10 years; and • long-term growth rates are set using IMF forecasts and vary between 1.8-2.5% (2018: 0.8-3.0%).

2019 Goodwill
2018 Goodwill
£m
£m
Steam Specialties
113.0
119.3
Electric Thermal Solutions
244.7
183.0
Watson-Marlow
60.0
65.7
Total goodwill
417.7
368.0


Question: Analyse this data from a financial earnings document. What was the change in total goodwill in 2019 from 2018?
Choices:
-49.7
0
414.7
49.7
467.4
Correct choice index: 3
4. INVENTORIES
The components of inventories, net, are as follows (in thousands):

March 30, 2019
March 31, 2018
Raw materials
$118,608
$110,389
Work in process
272,469
221,137
Finished goods
120,716
140,766
Total inventories
$511,793
$472,292


Question: Analyse this data from a financial earnings document. What is the change in the company's raw materials on March 31, 2018 and 2019?
Choices:
228997
-8219
-22158
8219
8
Correct choice index: 3