trismik/FinRAG huggingface dataset:
the hartford financial services group , inc .
notes to consolidated financial statements ( continued ) 5 .
investments and derivative instruments ( continued ) collateral arrangements the company enters into various collateral arrangements in connection with its derivative instruments , which require both the pledging and accepting of collateral .
as of december 31 , 2011 and 2010 , collateral pledged having a fair value of $ 1.1 billion and $ 790 , respectively , was included in fixed maturities , afs , in the consolidated balance sheets .
from time to time , the company enters into secured borrowing arrangements as a means to increase net investment income .
the company received cash collateral of $ 33 as of december 31 , 2011 and 2010 .
the following table presents the classification and carrying amount of loaned securities and derivative instruments collateral pledged. .

December 31, 2011
December 31, 2010
Fixed maturities, AFS
$1,086
$823
Short-term investments
199
—
Total collateral pledged
$1,285
$823

as of december 31 , 2011 and 2010 , the company had accepted collateral with a fair value of $ 2.6 billion and $ 1.5 billion , respectively , of which $ 2.0 billion and $ 1.1 billion , respectively , was cash collateral which was invested and recorded in the consolidated balance sheets in fixed maturities and short-term investments with corresponding amounts recorded in other assets and other liabilities .
the company is only permitted by contract to sell or repledge the noncash collateral in the event of a default by the counterparty .
as of december 31 , 2011 and 2010 , noncash collateral accepted was held in separate custodial accounts and was not included in the company 2019s consolidated balance sheets .
securities on deposit with states the company is required by law to deposit securities with government agencies in states where it conducts business .
as of december 31 , 2011 and 2010 , the fair value of securities on deposit was approximately $ 1.6 billion and $ 1.4 billion , respectively. .

Question: Analyse this data from a financial earnings document. what is the change in value of fixed maturities afs from 2010 to 2011 , ( in billions ) ?
Choices:
26300
264.4
296
1084.9
263.0
Correct choice index: 4
Inventory
Inventory is stated at the lower of cost and net realizable value, using the first-in, first-out (“FIFO”) valuation method. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period.
Due to the low sell-through of our AirBar products, management has decided to fully reserve work-in-process for AirBar components, as well as AirBar related raw materials. Management has further decided to reserve for a portion of AirBar finished goods, depending on type of AirBar and in which location it is stored. The AirBar inventory reserve was $0.8 million and $1.0 million for the years ended December 31, 2019 and 2018, respectively.
In order to protect our manufacturing partners from losses in relation to AirBar production, we agreed to secure the value of the inventory with a bank guarantee. Since the sale of AirBars has been lower than expected, a major part of the inventory at the partner remained unused when the due date of the bank guarantee neared and Neonode therefore agreed that the partner should keep inventory for the production of 20,000 AirBars and the rest be purchased by us. The inventory value of these purchases has been fully reserved.
As of December 31, 2019, the Company’s inventory consists primarily of components that will be used in the manufacturing of our sensor modules. We segregate inventory for reporting purposes by raw materials, work-in-process, and finished goods.
Raw materials, work-in-process, and finished goods are as follows (in thousands):

December 31,
December 31,
2019
2018
Raw materials
$396
$246
Work-in-process
186
220
Finished goods
448
753
Ending inventory
$1,030
$1,219


Question: Analyse this data from a financial earnings document. What is the proportion of work-in-process and finished goods over ending inventory in 2018?
Choices:
1
0.4
0.8
0.2
135.9
Correct choice index: 2
LIQUIDITY AND CAPITAL RESOURCES
The Company’s cash and cash equivalents increased to $93,628 at June 30, 2019 from $31,440 at June 30, 2018. Cash at the end of fiscal 2018 was lower due primarily to the acquisition of Ensenta and higher repayment of debt in fiscal 2018.
The following table summarizes net cash from operating activities in the statement of cash flows:
Cash provided by operating activities increased 5% compared to fiscal 2018. Cash from operations is primarily used to repay debt, pay dividends and repurchase stock, and for capital expenditures.

Year Ended
June 30
2019
2018
Net income
$271,885
$365,034
Non-cash expenses
180,987
87,906
Change in receivables
(11,777)
21,489
Change in deferred revenue
23,656
1,255
Change in other assets and liabilities
(33,623)
(63,542)
Net cash provided by operating activities
$431,128
$412,142


Question: Analyse this data from a financial earnings document. What is the change in net cash provided by operating activities from 2018 to 2019?
Choices:
0
23
159243
18986
177685956176
Correct choice index: 3
notes to consolidated financial statements 2014 ( continued ) these acquisitions have been recorded using the purchase method of accounting , and accordingly , the purchase price has been allocated to the assets acquired and liabilities assumed based on their estimated fair value as of the date of acquisition .
the operating results of each acquisition are included in our consolidated statements of income from the dates of each acquisition .
fiscal 2008 during fiscal 2008 , we acquired a portfolio of merchants that process discover transactions and the rights to process discover transactions for our existing and new merchants .
as a result of this acquisition , we will now process discover transactions similarly to how we currently process visa and mastercard transactions .
the purpose of this acquisition was to offer merchants a single point of contact for discover , visa and mastercard card processing .
during fiscal 2008 , we acquired a majority of the assets of euroenvios money transfer , s.a .
and euroenvios conecta , s.l. , which we collectively refer to as lfs spain .
lfs spain consisted of two privately- held corporations engaged in money transmittal and ancillary services from spain to settlement locations primarily in latin america .
the purpose of the acquisition was to further our strategy of expanding our customer base and market share by opening additional branch locations .
during fiscal 2008 , we acquired a series of money transfer branch locations in the united states .
the purpose of these acquisitions was to increase the market presence of our dolex-branded money transfer offering .
the following table summarizes the preliminary purchase price allocations of these business acquisitions ( in thousands ) : .

Total
Goodwill
$13,536
Customer-related intangible assets
4,091
Contract-based intangible assets
1,031
Property and equipment
267
Other current assets
502
Total assets acquired
19,427
Current liabilities
(2,347)
Minority interest in equity of subsidiary
(486)
Net assets acquired
$16,594

the customer-related intangible assets have amortization periods of up to 14 years .
the contract-based intangible assets have amortization periods of 3 to 10 years .
these business acquisitions were not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to these acquisitions .
in addition , during fiscal 2008 , we acquired a customer list and long-term merchant referral agreement in our canadian merchant services channel for $ 1.7 million .
the value assigned to the customer list of $ 0.1 million was expensed immediately .
the remaining value was assigned to the merchant referral agreement and is being amortized on a straight-line basis over its useful life of 10 years. .

Question: Analyse this data from a financial earnings document. what portion of the net assets acquired is related to goodwill?
Choices:
0.00001
0.0001
16594.81572
0.81572
0.69676
Correct choice index: 3
The GBS profit margin increased 0.9 points to 27.7 percent and pre-tax income of $1,666 million increased 2.2 percent year to year. The pre-tax margin of 9.9 percent increased slightly year to year. The year-to-year improvements in margins and pre-tax income were driven by the continued mix shift to higher-value offerings, the yield from delivery productivity improvements and a currency benefit from leveraging the global delivery resource model. We continued to invest in our services offerings and skills necessary to assist our clients on their cloud journey.
* Recast to reflect segment changes.

($ in millions)
For the year ended December 31:
2019
2018*
Yr.-to-Yr. Percent/ Margin Change
Global Business Services
External gross profit
$4,606
$4,448
3.5%
External gross profit margin
27.7%
26.8%
0.9 pts.
Pre-tax income
$1,666
$1,629
2.2%
Pre-tax margin
9.9%
9.6%
0.2 pts.


Question: Analyse this data from a financial earnings document. What were the average External total gross profit?
Choices:
4606
4448
4527
79
5
Correct choice index: 2
Interest rate swaps
The Group has the following interest rate swaps in place as at the end of the reporting period:
Future interest rate swaps in place at the end of the reporting period have maturity dates ranging from 23 September 2019 to 23 September 2026 (2018: 24 September 2018 to 23 September 2026).
On 24 June 2019, the Group reset the interest rates associated with AUD denominated interest rate swaps. This resulted in a cash outflow of $22.9m which reduced the Group’s financial liability presented in note 9.8. The cumulative change in fair value of these hedging instruments is carried in a separate reserve in equity (cash flow hedge reserve of NSPT presented within non-controlling interest in the Group’s consolidated statement of changes in equity).
This balance will be recycled from the hedge reserve to finance costs in the statement of profit and loss in future reporting periods corresponding to when the underlying hedged item impacts profit or loss. For the year ended 30 June 2019, $0.1m has been recognised in finance costs relating to this item.

2019
2018
$'000
$'000
Interest rate swaps (AUD) at face value
Current interest rate swaps
400,000
270,000
Future interest rate swaps
275,000
400,000
Interest rate swaps (NZD) at face value
Current interest rate swaps
73,500
53,500
Future interest rate swaps
50,000
100,000
AUD equivalent of NZD interest rate swaps
Current interest rate swaps
70,361
48,944
Future interest rate swaps
47,864
91,485


Question: Analyse this data from a financial earnings document. What is the change in Interest rate swaps (NZD) at face value for Current interest rate swaps from 2018 to 2019?
Choices:
93500
16861
1
-53500
20000
Correct choice index: 4
CUSTOMER STATISTICS
INTERNET Fiscal 2019 fourth-quarter Internet service customers net additions stood at 2,441 compared to 4,693 for the same period of the prior year as a result of: • additional connects related to the Florida expansion initiatives and in the MetroCast footprint; • our customers' ongoing interest in high speed offerings; and • growth in both the residential and business sectors.
VIDEO Fiscal 2019 fourth-quarter video service customers net additions stood at 5,294 compared to net losses of 3,046 for the same period of the prior year mainly from: • the activation of bulk properties in Florida during the fourth quarter of fiscal 2019; and • our customers' ongoing interest in TiVo's digital advanced video services; partly offset by • competitive offers in the industry; and • a changing video consumption environment.
TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net losses stood at 304 compared to net additions of 1,150 for the same period of the prior year mainly as a result of a decline in the residential sector, partly offset by growth in the business sector. TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net losses stood at 304 compared to net additions of 1,150 for the same period of the prior year mainly as a result of a decline in the residential sector, partly offset by growth in the business sector.

Net additions (losses)
Three months ended August 31,
August 31,
2019
2019
2018
Primary service units
901,446
7,431
2,797
Internet service customers
446,137
2,441
4,693
Video service customers
312,555
5,294
(3,046)
Telephony service customers
142,754
(304)
1,150


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in Net additions (losses) for the Primary service units from 31 Aug 2018 to 31 Aug 2019?
Choices:
1837
-356
4634
5
309758
Correct choice index: 2
6. Called up share capital
Accounting policies
Equity instruments issued by the Company are recorded at the amount of the proceeds received, net of direct issuance costs.
Notes: 1 At 31 March 2019 there were 50,000 (2018: 50,000) 7% cumulative fixed rate shares of £1 each in issue
2 At 31 March 2019 the Group held 1,584,882,610 (2018: 2,139,038,029) treasury shares with a nominal value of €264 million (2018: €356 million). The market value of shares held was €2,566 million (2018: €4,738 million). During the year, 45,657,750 (2018: 53,026,317) treasury shares were reissued under Group share schemes. On 25 August 2017, 729,077,001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 February 2016. On 25 February 2019, 799,067,749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond. On 5 March 2019 the Group announced the placing of subordinated mandatory convertible bonds totalling £1.72 billion with a 2 year maturity date in 2021 and £1.72 billion with a 3 year maturity date due in 2022. The bonds are convertible into a total of 2,547,204,739 ordinary shares with a conversion price of £1.3505 per share. For further details see note 20 “Borrowings and capital resources” in the consolidated financial statements.
3 Represents US share awards and option scheme awards.

2019
2018
Number
€m
Number
€m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2
1 April
28,814,803,308
4,796
28,814,142,848
4,796
Allotted during the year3
454,870
–
660,460
–
31 March
28,815,258,178
4,796
28,814,803,308
4,796


Question: Analyse this data from a financial earnings document. What is the 2019 average amount of ordinary shares allotted during the year?
Choices:
557665
1115332
-102795
330230
14407731884
Correct choice index: 0
performance graph the following graph is a comparison of the five-year cumulative return of our common shares , the standard & poor 2019s 500 index ( the 201cs&p 500 index 201d ) and the national association of real estate investment trusts 2019 ( 201cnareit 201d ) all equity index , a peer group index .
the graph assumes that $ 100 was invested on december 31 , 2007 in our common shares , the s&p 500 index and the nareit all equity index and that all dividends were reinvested without the payment of any commissions .
there can be no assurance that the performance of our shares will continue in line with the same or similar trends depicted in the graph below. .

2007
2008
2009
2010
2011
2012
Vornado Realty Trust
$100
$72
$89
$110
$105
$114
S&P 500 Index
100
63
80
92
94
109
The NAREIT All Equity Index
100
62
80
102
110
132

.

Question: Analyse this data from a financial earnings document. what was the total five year change in the nareit all equity index?
Choices:
232
32.0
-368
112
22
Correct choice index: 1
AMERICAN TOWER CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular amounts in millions, unless otherwise disclosed)
2. PREPAID AND OTHER CURRENT ASSETS
Prepaid and other current assets consisted of the following:
The reduction in Prepaid operating ground leases is a result of the reclassification of assets to the Right-of-use asset in connection with the Company’s adoption of the new lease accounting standard.

As of December 31, 2019
As of December 31, 2018
Unbilled receivables
$142.3
$126.1
Prepaid income tax
185.8
125.1
Value added tax and other consumption tax receivables
71.3
86.3
Prepaid assets
56.8
40.5
Prepaid operating ground leases
—
165.0
Other miscellaneous current assets
57.4
78.2
Prepaid and other current assets
$513.6
$621.2


Question: Analyse this data from a financial earnings document. What was the change in prepaid assets between 2018 and 2019?
Choices:
925.8
-16.3
16.3
0.2
0
Correct choice index: 2
Consolidated income statement
For the year ended 31 March 2019
1 The Group has adopted IFRS 9 ‘Financial Instruments’, IFRS 15 ‘Revenue from Contracts with Customers’, and IFRS 16 ‘Leases’ from 1 April 2018. The year ended 31 March 2018 has been restated for IFRS 16 which was implemented using the fully retrospective method. For further information on the impact of the change in accounting policies, see note 2 of these consolidated financial statements.

Note
2019
(Restated)1 2018
£m
£m
Revenue
5
355.1
330.1
Administrative expenses
(112.3)
(108.8)
Share of profit from joint ventures
16
0.9
–
Operating profit
6
243.7
221.3
Finance costs
9
(10.2)
(10.6)
Profit on the sale of subsidiary
10
8.7
–
Profit before taxation
242.2
210.7
Taxation
11
(44.5)
(39.6)
Profit for the year attributable to equity holders of the parent
197.7
171.1
Basic earnings per share
12
From profit for the year (pence per share)
21.00
17.74
Diluted earnings per share
12
From profit for the year (pence per share)
20.94
17.68


Question: Analyse this data from a financial earnings document. What was the percentage change in profit before taxation in 2019 from 2018?
Choices:
-14.95
179.4
14.23
25.58
14.95
Correct choice index: 4
We continue to experience challenging trends in both the high-end smartphone market and in the broadband market. However, with leading mobile and fixed networks, improving customer experience, three strong brands and further enhancements to BT Plus, with 5G coming imminently, we are well placed for the future.
Adjusteda revenue growth of 3% for the year was driven by the continued increase in handset costs for customers, growth in the SIMonly base across all brands and the impact of price increases, partially offset by solus voice price reductions.
Adjusteda EBITDA grew 7% for the year as the revenue growth was partially offset by increased trading costs.
Capital expenditure growth of 8% was driven by increased network spend as preparations were made for the EE 5G launch in 2019. Normalised free cash flowb was £1,323m, down 5% on last year as the increase in EBITDA was offset by the settlement at the start of the year of the Phones4U dispute relating to the retail trading agreement, and increased capital expenditure.
Mobile churnc was stable at 1.2% for the year, whilst fixed churnc was up from 1.3% to 1.4% reflecting the impact of price increases in the year.
a Adjusted measures exclude specific items, as explained in the Additional Information on page 185. b Free cash flow after net interest paid, before pension deficit payments (including the cash tax benefit of pension deficit payments) and specific items.

Consumer
Adjusteda revenue £10,695m
Adjusteda operating profit £1,510m
2019 (IFRS 15)
2018 (IAS 18)
Change
Year to 31 March
£m
£m
£m
%
Adjusteda revenue
10,695
10,360
335
3
Adjusteda operating costs
8,161
7,984
177
2
Adjusteda EBITDA
2,534
2,376
158
7
Depreciation & amortisation
1,024
992
32
3
Adjusted a operating profit
1,510
1,384
126
9
Capital expenditure
994
919
75
8
Normalised free cash flowb
1,323
1,389
(66)
(5


Question: Analyse this data from a financial earnings document. What was the average Adjusted EBITDA for 2018 and 2019?
Choices:
1
2534
5
1226
2455
Correct choice index: 4
The reconciliation of the Company’s effective tax rate to the statutory federal rate is as follows:
(1) For the years ended December 31, 2019 and December 31, 2018, this is inclusive of (3.4%) and (3.8%) impact, respectively, that is primarily related to the change in uncertain tax positions.
For 2019, the Company recorded an expense for income taxes of $11.6 million, resulting in an effective tax rate of (3.8)%. The effective tax rate is different than the U.S. statutory federal tax rate primarily due to stock-based compensation expense following the decision in Altera Corp v. Commissioner by the U.S. Court of Appeals for the Ninth Circuit discussed below, the full valuation allowance on the Company's U.S. deferred tax assets, the mix of income/losses among the Company’s foreign jurisdictions, and pretax losses in jurisdictions for which no tax benefit will be recognized.

Year Ended December 31,
2019
2018
2017
Tax at federal statutory rate
21.0 %
21.0 %
35.0 %
State taxes, net of federal effect
(0.3)
(0.1)
(5.4)
Foreign rate differential
(6.0)
(3.9)
(9.3)
Tax credits
1.6
6.3
4.1
Domestic production activities deduction
—
—
(3.5)
Stock-based compensation
(1.0)
(4.9)
(5.3)
Change in prior year reserves
(1.5)
(0.1)
(2.0)
Change in valuation allowance
(13.4)
(15.2)
(35.2)
Effect of change in tax rate due to Tax Act
—
—
(23.4)
Other (1)
(4.2)
(4.0)
2.6
Effective tax rate
(3.8)%
(0.9)%
(42.4)%


Question: Analyse this data from a financial earnings document. What is the difference in tax credits between 2018 and 2019?
Choices:
41.5
4.7
-5.8
4700000
11.7
Correct choice index: 1
Return on invested capital (ROIC)
ROIC measures the after tax return on the total capital invested in the business. It is calculated as adjusted operating profit after tax divided by average invested capital.
An analysis of the components is as follows:

2019
2018
£m
£m
Total equity
826.3
766.9
Net debt
334.1
235.8
Total invested capital
1,160.4
1,002.7
Average invested capital
1,081.6
992.9
Average invested capital (excluding IFRS 16)
1,061.2
992.9
Operating profit as reported under IFRS
245.0
299.1
Adjustments (see adjusted operating profit)
37.7
(34.2)
Adjusted operating profit
282.7
264.9
Taxation
(80.6)
(73.1)
Adjusted operating profit after tax
202.1
191.8
Adjusted operating profit after tax (excluding IFRS 16)
201.2
191.8
Return in invested capital
18.7%
19.3%
Return in invested capital (excluding IFRS 16)
19.0%
19.3%


Question: Analyse this data from a financial earnings document. What is the change in net debt in 2019 from 2018?
Choices:
569.9
9830
0
98.3
590.5
Correct choice index: 3