trismik/FinRAG huggingface dataset:
Customer Receivables and Contract Balances
The following table provides balances of customer receivables, contract assets and contract liabilities as of December 31, 2019 and December 31, 2018:
(1) Gross customer receivables of $2.3 billion and $2.5 billion, net of allowance for doubtful accounts of $94 million and $132 million, at December 31, 2019 and December 31, 2018, respectively.
Contract liabilities are consideration we have received from our customers or billed in advance of providing goods or services promised in the future. We defer recognizing this consideration as revenue until we have satisfied the related performance obligation to the customer. Contract liabilities include recurring services billed one month in advance and installation and maintenance charges that are deferred and recognized over the actual or expected contract term, which typically ranges from one to five years depending on the service. Contract liabilities are included within deferred revenue in our consolidated balance sheet. During the years ended December 31, 2019 and December 31, 2018, we recognized $630 million and $295 million, respectively, of revenue that was included in contract liabilities as of January 1, 2019 and January 1, 2018, respectively.

December 31, 2019
December 31, 2018
(Dollars in millions)
Customer receivables(1)
$2,194
2,346
Contract liabilities
1,028
860
Contract assets
130
140


Question: Analyse this data from a financial earnings document. What is the change in contract liabilities in 2019 from 2018?
Choices:
1888
262
888
168
-861
Correct choice index: 3
The line “Construction in progress” in the table above includes property, plant and equipment under construction and equipment under qualification before operating.
On January 1, 2019, the Company adopted the new guidance on lease accounting and lease right-of-use assets are included in plant, property and equipment. The impact of the adoption of this new guidance is further described in Note 11.
The depreciation charge was $785 million, $727 million and $592 million in 2019, 2018 and 2017, respectively.
As described in Note 7, the acquisition of Norstel resulted in the recognition of property, plant and equipment of $11 million.

December 31, 2019
Gross Cost
Accumulated Depreciation
Net Cost
Land
78
—
78
Buildings
905
(505)
400
Facilities & leasehold improvements
3,193
(2,762)
431
Machinery and equipment
15,336
(12,790)
2,546
Computer and R&D equipment
382
(335)
47
Operating lease right-of-use assets
266
(60)
206
Other tangible assets
110
(93)
17
Construction in progress
282
—
282
Total
20,552
(16,545)
4,007
December 31, 2018
Gross Cost
Accumulated Depreciation
Net Cost
Land
79
—
79
Buildings
902
(487)
415
Facilities & leasehold improvements
3,170
(2,748)
422
Machinery and equipment
14,882
(12,582)
2,300
Computer and R&D equipment
381
(334)
47
Other tangible assets
123
(93)
30
Construction in progress
202
—
202
Total
19,739
(16,244)
3,495


Question: Analyse this data from a financial earnings document. What is the average Accumulated Depreciation?
Choices:
32787
0
16394.5
2980.8
150.5
Correct choice index: 2
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
(a) Cisco common stock is traded on the Nasdaq Global Select Market under the symbol CSCO. Information regarding quarterly cash dividends declared on Cisco’s common stock during fiscal 2019 and 2018 may be found in Supplementary Financial Data on page 106 of this report. There were 39,216 registered shareholders as of August 30, 2019.
(b) Not applicable.
(c) Issuer purchases of equity securities (in millions, except per-share amounts):
On September 13, 2001, we announced that our Board of Directors had authorized a stock repurchase program. On February 13, 2019, our Board of Directors authorized a $15 billion increase to the stock repurchase program. As of July 27, 2019, the remaining authorized amount for stock repurchases under this program, including the additional authorization, is approximately $13.5 billion with no termination date.
For the majority of restricted stock units granted, the number of shares issued on the date the restricted stock units vest is net of shares withheld to meet applicable tax withholding requirements. Although these withheld shares are not issued or considered common stock repurchases under our stock repurchase program and therefore are not included in the preceding table, they are treated as common stock repurchases in our financial statements as they reduce the number of shares that would have been issued upon vesting (see Note 14 to the Consolidated Financial Statements).

Period
Total Number of Shares Purchased
Average Price Paid per Share
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
April 28, 2019 to May 25, 2019
42
$54.33
42
$15,700
May 26, 2019 to June 22, 2019
22
$55.07
22
$14,465
June 23, 2019 to July 27, 2019
18
$56.46
18
$13,460
Total
82
$54.99
82


Question: Analyse this data from a financial earnings document. What was the average total amount paid for the shares during the period from April 28, 2019 to May 25, 2019 and May 26, 2019 to June 22, 2019?
Choices:
1760.6
1746.7
1420.7
432516.9
2657.3
Correct choice index: 1
Intangible Assets
The following table presents the company’s intangible asset balances by major asset class.
* Amounts as of December 31, 2019 include a decrease of $42 million in net intangible asset balances due to foreign currency translation. There was no foreign currency impact on net intangible assets for the year ended December 31, 2018.
** Other intangibles are primarily acquired proprietary and nonproprietary business processes, methodologies and systems.

($ in millions)
Gross
Net
Carrying
Accumulated
Carrying
At December 31, 2019:*
Amount
Amortization
Amount
Intangible asset class
Capitalized software
$ 1,749
$  (743)
$ 1,006
Client relationships
8,921
(1,433)
7,488
Completed technology
6,261
(1,400)
4,861
Patents/trademarks
2,301
(445)
1,856
Other**
56
(31)
24
Total
$19,287
$(4,052)
$15,235
($ in millions)
Gross
Net
Carrying
Accumulated
Carrying
At December 31, 2018:
Amount
Amortization
Amount
Intangible asset class
Capitalized software
$1,568
$  (629)
$  939
Client relationships
2,068
(1,123)
945
Completed technology
2,156
(1,296)
860
Patents/trademarks
641
(330)
311
Other**
56
(23)
32
Total
$6,489
$(3,402)
$3,087


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in the net capitalized software from 2018 to 2019?
Choices:
1945
67000000
-1150
-6482
67
Correct choice index: 4
Financing and cash flow
The Group delivered very strong cash generation in 2019, driven by higher operating profit and effective working capital management. Changes in working capital, reflected within cash flow from operations, benefited from:
• our continued focus on improving trade receivables collection; • a reduction in inventory levels due to a high level of shipments at the end of 2019; and • growth in payables, resulting from the increase in activity levels and emphasis on extending supplier payment terms.
Free cash flow for 2019 almost doubled year-on-year coming in at $100.1 million, compared to $50.9 million in 2018, resulting in a free cash flow conversion which represented 123 per cent of adjusted earnings (2018 77 per cent).
Free cash flow is set out below:
Note
1. Spirent adopted IFRS 16 on 1 January 2019; in prior periods operating lease payments were included within cash flow from operations.
Free cash flow includes a net cash outflow in respect of exceptional items in 2018 and 2019 of $5.5 million (2018 $3.6 million in respect of exceptional items charged in 2017 and 2018).
Tax payments of $5.6 million made in 2019 were consistent with the prior year (2018 $5.7 million). Net capital expenditure of $11.9 million was also broadly consistent with the prior year (2018 $10.6 million), with the incremental spend of $1.3 million primarily related to investment in 5G. We continue to exercise careful management of capital investment to ensure efficient use of capital and maximise return on investment.
Following the adoption of IFRS 16 on 1 January 2019, the payment of lease liabilities, both the principal and interest elements, are shown separately from net cash flow from operating activities. In previous periods they would have been reflected in that number. There is no overall impact in comparing free cash flow year-on-year.
In 2019, the final dividend for 2018 and an interim dividend for 2019 totalling $28.6 million were paid. This compared to total dividends of $54.8 million paid in 2018, including a special dividend of $29.9 million. In addition, 4.0 million shares were purchased and placed into the Employee Share Ownership Trust at a cost of $8.6 million (2018 1.5 million shares at a net cost of $2.5 million) and $1.9 million of cash consideration was paid to acquire the business of a navigation systems company based in the United Kingdom.
Following these payments, cash and cash equivalents closed at $183.2 million at 31 December 2019, compared with $121.6 million at 31 December 2018. There continues to be no bank debt.

$ million
2019
2018
Cash flow from operations
124.9
65.9
Tax paid
(5.6)
(5.7)
Net cash inflow from operating activities
119.3
60.2
Interest received
2.6
1.3
Net capital expenditure
(11.9)
(10.6)
Payment of lease liabilities, principal and interest1
(10.3)
—
Lease payments received from finance leases
0.4
—
Free cash flow
100.1
50.9


Question: Analyse this data from a financial earnings document. What was the percentage change in free cash flow?
Choices:
103.46
89.78
15.47
96.66
0.97
Correct choice index: 3
Restructuring Expenses: restructuring expenses resulted from the execution of management approved restructuring plans that were generally developed to improve our cost structure and/or operations, often in conjunction with our acquisition integration strategies. restructuring expenses consist of employee severance costs and may also include charges for duplicate facilities and other contract termination costs to improve our cost structure prospectively. For additional information regarding our restructuring plans, see Note 8 of Notes to Consolidated Financial Statements included elsewhere in this Annual report.
Restructuring expenses in fiscal 2019 primarily related to our 2019 restructuring Plan. restructuring expenses in fiscal 2018 primarily related to our 2017 restructuring Plan, which is substantially complete. Our management approved, committed to and initiated these plans in order to restructure and further improve efficiencies in our operations. In the fourth quarter of fiscal 2019, our management supplemented the 2019 restructuring Plan to reflect additional actions that we expect to take. The total estimated restructuring costs associated with the 2019 restructuring Plan are up to $584 million, of which approximately $108 million remained as of May 31, 2019, and will be recorded to the restructuring expense line item within our consolidated statements of operations as the costs are incurred through an expected end date during fiscal 2020. Our estimated costs are subject to change in future periods. We may incur additional restructuring expenses in future periods due to the initiation of new restructuring plans or from changes in estimated costs associated with existing restructuring plans .

Year Ended May 31,
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
restructuring expenses
$443
-25%
-22%
$588


Question: Analyse this data from a financial earnings document. What was the difference in restructuring expenses in 2019 and 2018?
Choices:
145
4
1031
-145
0
Correct choice index: 0
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 Unbilled receivables between 2018 and 2019?
Choices:
0
0.2
16.2
101.8
0.1
Correct choice index: 2
Selected financial data
Unaudited information
The selected financial data shown below include the results of Vodafone India as discontinued operations in all years following the agreement to combine it with Idea Cellular.
Notes: 1 See note 8 to the consolidated financial statements, “Earnings per share”. Earnings and dividends per ADS is calculated by multiplying earnings per ordinary share by ten, the number of ordinary shares per ADS.
2 On 19 February 2014, we announced a “6 for 11” share consolidation effective 24 February 2014. This had the effect of reducing the number of shares in issue from 52,821,751,216 ordinary shares (including 4,351,833,492 ordinary shares held in Treasury) as at the close of business on 18 February 2014 to 28,811,864,298 new ordinary shares in issue immediately after the share consolidation on 24 February 2014.
3 The final dividend for the year ended 31 March 2019 was proposed by the Directors on 14 May 2019 and is payable on 2 August 2019 to holders of record as of 7 June 2019. The total dividends have been translated into US dollars at 31 March 2019 for purposes of the above disclosure but the dividends are payable in US dollars under the terms of the ADS depositary agreement.

At/for the year ended 31 March
2019
2018
2017
2016
2015
Consolidated income statement data (€m)
Revenue
43,666
46,571
47,631
49,810
48,385
Operating (loss)/profit
(951)
4,299
3,725
1,320
2,073
(Loss)/profit before taxation
(2,613)
3,878
2,792
(190)
1,734
(Loss)/profit for financial year from continuing operations
(4,109)
4,757
(1,972)
(5,127)
7,805
(Loss)/profit for the financial year
(7,644)
2,788
(6,079)
(5,122)
7,477
Consolidated statement of financial position data (€m)
Total assets
142,862
145,611
154,684
169,107
169,579
Total equity
63,445
68,607
73,719
85,136
93,708
Total equity shareholders’ funds
62,218
67,640
72,200
83,325
91,510
Earnings per share1,2
Weighted average number of shares (millions)
– Basic
27,607
27,770
27,971
26,692
26,489
– Diluted
27,607
27,857
27,971
26,692
26,629
Basic (loss)/earnings per ordinary share
(29.05)c
8.78c
(22.51)c
(20.25)c
27.48c
Diluted (loss)/earnings per ordinary share
(29.05)c
8.76c
(22.51)c
(20.25)c
27.33c
Basic (loss)/earnings per share from continuing operations
(16.25)c
15.87c
(7.83)c
(20.27)c
28.72c
Cash dividends1,3
Amount per ordinary share (eurocents)
9.00c
15.07c
14.77c
–
–
Amount per ADS (eurocents)
9.00c
15.07c
147.7c
–
–
Amount per ordinary share (pence)
–
–
–
11.45p
11.22p
Amount per ADS (pence)
–
–
–
114.5p
111.2p
Amount per ordinary share (US cents)
10.10c
17.93c
18.52c
16.49c
16.65c
Amount per ADS (US cents)
10.10c
179.3c
182.5c
164.9c
166.5c


Question: Analyse this data from a financial earnings document. What is the average revenue for 2017 and 2018?
Choices:
21252
47101
1247658389
47631
-47101
Correct choice index: 1
Operating Expenses
The following table sets forth, for the periods indicated, the amount of operating expenses and their relative percentages of total net sales by the line items reflected in our consolidated statement of operations (dollars in thousands):

Fiscal 2019
Fiscal 2018
Amount
Percentage of total net sales
Amount
Percentage of total net sales
(Dollars in thousands)
Research and development
$117,353
8.2%
$132,586
7.0%
Selling, general and administrative
272,257
19.0%
293,632
15.4%
Impairment and other charges
—
—%
766
—%
Amortization of intangible assets
13,760
1.0%
10,690
0.6%
Total operating expenses
$403,370
28.2%
$437,674
23.0%


Question: Analyse this data from a financial earnings document. What was the change in the amount of Amortization of intangible assets in 2019 from 2018?
Choices:
-3070
3070
24450
13760
0
Correct choice index: 1
Our net sales by offering category for EMEA for 2019 and 2018, were as follows (dollars in thousands):
Net sales in EMEA remained flat (increased 5% excluding the effects of fluctuating foreign currency exchange rates), or down $3.6 million, in 2019 compared to 2018. Net sales of hardware declined 5%, year to year, while net sales of software and services were up 2% and 7%, respectively, year over year. The changes were the result of the following:
• Lower volume of net sales of networking solutions, partially offset by higher volume of net sales of devices, to large enterprise and public sector clients in hardware net sales. • Higher volume of software net sales to large enterprise and public sector clients.
• Higher volume of net sales of cloud solution offerings and increased software referral fees that are recorded on a net sales recognition basis. In addition, there was an increase in the volume of Insight delivered services.

EMEA
Sales Mix
2019
2018
%Change
Hardware
$622,949
$653,499
(5%)
Software
753,729
736,509
2%
Services
149,966
140,233
7%
$1,526,644
$1,530,241
—


Question: Analyse this data from a financial earnings document. What is the average Sales Mix of Hardware for 2018 and 2019?
Choices:
311475
1276446
-638224
1276448
638224
Correct choice index: 4
Americas 2019 Exit Plan
During the first quarter of 2019, the Company initiated a restructuring plan to simplify and refine its operating model in the U.S. (the “Americas 2019 Exit Plan”), in part to improve agent attrition and absenteeism. The Americas 2019 Exit Plan included closing customer engagement centers, consolidating leased space in various locations in the U.S. and management reorganization. The Company finalized the actions as of September 30, 2019.
Americas 2018 Exit Plan
During the second quarter of 2018, the Company initiated a restructuring plan to manage and optimize capacity utilization, which included closing customer engagement centers and consolidating leased space in various locations in the U.S. and Canada (the “Americas 2018 Exit Plan”). The Company finalized the site closures under the Americas 2018 Exit Plan as of December 31, 2018, resulting in a reduction of 5,000 seats.
The Company’s actions under both the Americas 2018 and 2019 Exit Plans resulted in general and administrative cost savings and lower depreciation expense.
The cumulative costs incurred to date related to cash and non-cash expenditures resulting from the Americas 2018 and 2019 Exit Plans are outlined below as of December 31, 2019 (in thousands):
(1) Included in “General and administrative” costs in the accompanying Consolidated Statements of Operations.
(2) Included in “Direct salaries and related costs” in the accompanying Consolidated Statements of Operations.
The Company has paid a total of $12.3 million in cash through December 31, 2019, of which $10.4 million related to the Americas 2018 Exit Plan and $1.9 million related to the Americas 2019 Exit Plan.

Americas 2018 Exit Plan
Americas 2019 Exit Plan
Lease obligations and facility exit costs (1)
$7,073
$—
Severance and related costs (2)
3,426
191
Severance and related costs (1)
1,037
2,155
Non-cash impairment charges
5,875
1,582
Other non-cash charges
—
244
$17,411
$4,172


Question: Analyse this data from a financial earnings document. What was the change in non-cash impairment charges in 2019 from 2018?
Choices:
-5876
7457
-2711
-4293
-2590
Correct choice index: 3
performance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s .
companies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period .
the performance graph assumes the investment of $ 100 on march 31 , 2006 in our common stock , the nasdaq composite index ( u.s .
companies ) and the peer group index , and the reinvestment of any and all dividends. .

3/31/2006
3/31/2007
3/31/2008
3/31/2009
3/31/2010
3/31/2011
ABIOMED, Inc
100
105.89
101.86
37.98
80.00
112.64
Nasdaq Composite Index
100
103.50
97.41
65.33
102.49
118.86
Nasdaq Medical Equipment SIC Code 3840-3849
100
88.78
84.26
46.12
83.47
91.35

this graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing .
transfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .

Question: Analyse this data from a financial earnings document. what is the roi of an investment in nasdaq composite index from march 2006 to march 2009?
Choices:
-0.5307
0.0065
1.6533
-0.3467
-0.1574
Correct choice index: 3
The following table presents a reconciliation of revenue to constant currency revenue (in thousands, except for revenue growth):
Total revenue growth declined to 7% in 2019 from 12% in 2018. Our growth rate can depend on a variety of factors, such as new customers, the size, volume, and complexity of our agreements with our customers, foreign currency movements, our ability to work with our customers to implement and deliver our products, our ability to upsell and renew our existing customers, the success of our alliance and partnership arrangements, and the expansion of our business through emerging markets. The decline in the growth rate of total revenue was driven by our strategic plan to transition away from one-time professional services and recommit our efforts to grow recurring revenue and free cash flows.

Year Ended December 31,
2019
2018
2017
Revenue
$576,523
$537,891
$481,985
Foreign exchange effect on current period revenue using prior year rates
7,077
(5,291)
5,865
Constant currency revenue
$583,600
$532,600
$487,850
Revenue growth
7.2%
11.6%
13.9%
Constant currency revenue growth
8.5%
10.5%
15.3%


Question: Analyse this data from a financial earnings document. What was the change in Revenue between 2017 and 2018?
Choices:
593797
1019876
-487276
0
55906
Correct choice index: 4