trismik/FinRAG huggingface dataset:
13. Other investments
The Group holds a number of other listed and unlisted investments, mainly comprising managed funds, loan notes, deposits and government bonds.
Accounting policies
Other investments comprising debt and equity instruments are recognised and derecognised on a trade date where a purchase or sale of an investment is under a contract whose terms require delivery of the investment within the timeframe established by the market concerned, and are initially measured at fair value, including transaction costs.
Debt securities that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost using the effective interest method, less any impairment. Debt securities that do not meet the criteria for amortised cost are measured at fair value through profit and loss.
Equity securities are classified and measured at fair value through other comprehensive income, there is no subsequent reclassification of fair value gains and losses to profit or loss following derecognition of the investment. See note 1 “Basis of preparation” for previous measurement categories applicable to the comparative balances at 31 March 2018
Debt securities include loan notes of US$nil (2018: US$2.5 billion (€2.0 billion) issued by Verizon Communications Inc. as part of the Group’s disposal of its interest in Verizon Wireless all of which is recorded within non-current assets and €0.8 billion (2018: €0.9 billion) issued by VodafoneZiggo Holding B.V.
1  Items are measured at fair value and the valuation basis is level 2 classification, which comprises items where fair value is determined from inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly.
2  Items are measured at amortised cost and the carrying amount approximates fair value.

2019
2018
€m
€m
Included within non-current assets:
Equity securities1
48
47
Debt securities2
822
3,157
870
3,204


Question: Analyse this data from a financial earnings document. What is the average equity securities?
Choices:
3.7
48
47
47.5
0.5
Correct choice index: 3
Note 18 Other non-current assets
(1) These amounts have been pledged as security related to obligations for certain employee benefits and are not available for general use.

FOR THE YEAR ENDED DECEMBER 31
NOTE
2019
2018
Net assets of post-employment benefit plans
24
558
331
Long-term notes and other receivables
142
89
Derivative assets
26
200
68
Publicly-traded and privately-held investments
26
129
110
Investments (1)
128
114
Other
117
135
Total other non-current assets
1,274
847


Question: Analyse this data from a financial earnings document. What is the change in the total other non-current assets in 2019?
Choices:
427000
716
-427
2121
427
Correct choice index: 4
Stock Repurchase Program
As of April 26, 2019, our Board of Directors has authorized the repurchase of up to $13.6 billion of our common stock under our stock repurchase program . Under this program, which we may suspend or discontinue at any time, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management.
The following table summarizes activity related to this program (in millions, except per share amounts):
The aggregate purchase price of our stock repurchases for fiscal 2019 consisted of $2.1 billion of open market purchases of which $1.0 billion and $1.1 billion were allocated to additional paid-in capital and retained earnings (accumulated deficit), respectively.
Since the May 13, 2003 inception of our stock repurchase program through April 26, 2019, we repurchased a total of 313 million shares of our common stock at an average price of $37.46 per share, for an aggregate purchase price of $11.7 billion.

Year Ended
April 26, 2019
April 27, 2018
April 28, 2017
Number of shares repurchased
29
15
22
Average price per share
$ 72.87
$ 51.57
$ 32.72
Aggregate purchase price
$ 2,111
$ 794
$ 705
Remaining authorization at end of period
$ 1,889
$ 4,000
$ 794


Question: Analyse this data from a financial earnings document. What was the change in the average price per share between 2017 and 2018?
Choices:
-1837.43
-2059.43
761.28
4.74
18.85
Correct choice index: 4
Operating income increased to SEK 2.3 (1.1) billion. Operating income excluding restructur- ing charges improved to SEK 2.4 (1.4) billion due to a positive effect from reversal of a provision for impairment of trade receivables made in Q1 2019, of SEK 0.7 billion, and higher gross margin.
Operating margin was 6.3%, excluding restructuring charges and the positive effect from reversal of a provision for impairment of trade receivables of SEK 0.7 billion in Q1 2019.
Restructuring charges amounted to SEK 0.0 (–0.3) billion.
Emerging Business and Other
Segment Emerging Business and Other represented 3% (4%) of Group net sales in 2019.
The segment includes:
–– Emerging Business, including IoT, iconectiv
and New businesses
–– Media businesses, including Red Bee
Media and a 49% ownership of MediaKind.
Net sales
Reported sales decreased by –19% in 2019 due to the 51% divestment of MediaKind in February 2019. Sales adjusted for comparable units and currency increased by 14% driven by growth in the iconectiv business through a multi-year number portability contract in the US.
Gross margin
Gross margin declined mainly due to the 51% divestment of MediaKind. The decline was partly offset by lower restructuring charges.
Operating income (loss)
Operating income was impacted by costs of SEK –10.7 billion related to the resolution of the US SEC and DOJ investigations, a refund of earlier paid social security costs in Sweden of SEK 0.9 billion and by costs of SEK –0.3
billion related to the wind-down of the ST-Ericsson legal structure.
Operating income in Emerging Business, iconectiv and common costs improved, driven by profitable growth in iconectiv. Red Bee Media income improved supported by profit improvement activities. Media Solutions income improved driven by the 51% divestment of Media Kind, including a capital gain from the transaction.

SEK billion
Full year 2019
Full year 2018
Segment operating income
-12.5
-5.4
income of which Emerging Business, iconective, media businesses and common costs
-2.4
-5.4
of which SEC and DOJ
settlement costs
–10.7
–
of which costs for
ST-Ericsson wind-down
–0.3
–
of which a refund of social security costs in Sweden
0.9
-


Question: Analyse this data from a financial earnings document. What is the total segment operating income for 2019 and 2018?
Choices:
-5.3
0
-12
-17.9
-25
Correct choice index: 3
there were no share repurchases in 2016 .
stock performance graph the graph below matches fidelity national information services , inc.'s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index and the s&p supercap data processing & outsourced services index.aa the graph tracks the performance of a $ 100 investment in our common stock and in each index ( with the reinvestment of all dividends ) from december 31 , 2011 to december 31 , 2016. .

12/11
12/12
12/13
12/14
12/15
12/16
Fidelity National Information Services, Inc.
100.00
134.12
210.97
248.68
246.21
311.81
S&P 500
100.00
116.00
153.58
174.60
177.01
198.18
S&P Supercap Data Processing & Outsourced Services
100.00
126.06
194.91
218.05
247.68
267.14

the stock price performance included in this graph is not necessarily indicative of future stock price performance .
item 6 .
selected financial ss the selected financial data set forth below constitutes historical financial data of fis and should be read in conjunction with "item 7 , management 2019s discussion and analysis of financial condition and results of operations , " and "item 8 , financial statements and supplementary data , " included elsewhere in this report. .

Question: Analyse this data from a financial earnings document. what is the total return if $ 100000 are invested in fidelity national information system in 12/11 and sold in 12/16?
Choices:
2118100
-2118100
446.9
2118100.0
1582300
Correct choice index: 3
As described in Note 7, the acquisition of Norstel resulted in the recognition of technology in process for $86 million in the line “Technologies in progress”.
The line “Technologies in progress” in the table above also includes internally developed software under construction and software not ready for use.
The amortization expense in 2019, 2018 and 2017 was $69 million, $64 million and $58 million, respectively.

December 31, 2019
Gross Cost
Accumulated Amortization
Net Cost
Technologies & licenses
699
(578)
121
Purchased & internally developed software
486
(427)
59
Technologies in progress
119
—
119
Other intangible assets
70
(70)
—
Total
1,374
(1,075)
299
December 31, 2018
Gross Cost
Accumulated Amortization
Net Cost
Technologies & licenses
705
(592)
113
Purchased & internally developed software
459
(404)
55
Technologies in progress
44
—
44
Other intangible assets
69
(69)
—
Total
1,277
(1,065)
212


Question: Analyse this data from a financial earnings document. What is the average Net Cost?
Choices:
-431.5
212
299
513
255.5
Correct choice index: 4
.

Currency
2012
2011
2010
Real
$40.4
$42.4
$32.5
Euro
27.1
26.4
18.6
Pound Sterling
18.5
17.6
9.0
Indian Rupee
4.3
3.6
2.6
Total impact
$90.3
$90.0
$62.7

the impact on earnings of the foregoing assumed 10% ( 10 % ) change in each of the periods presented would not have been significant .
revenue included $ 100.8 million and operating income included $ 9.0 million of unfavorable foreign currency impact during 2012 resulting from a stronger u.s .
dollar during 2012 compared to 2011 .
our foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations .
our international operations' revenues and expenses are generally denominated in local currency , which limits the economic exposure to foreign exchange risk in those jurisdictions .
we do not enter into foreign currency derivative instruments for trading purposes .
we have entered into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans .
as of december 31 , 2012 , the notional amount of these derivatives was approximately $ 115.6 million and the fair value was nominal .
these derivatives are intended to hedge the foreign exchange risks related to intercompany loans , but have not been designated as hedges for accounting purposes. .

Question: Analyse this data from a financial earnings document. what is the percentage change in the impact of euro from 2011 to 2012?
Choices:
0.02652
3.62652
0.7
0.02583
37.71429
Correct choice index: 0
25. Loans and other borrowings continued
Net Debt
Net debt consists of loans and other borrowings (both current and non-current), less current asset investments and cash and cash equivalents. Loans and other borrowings are measured at the net proceeds raised, adjusted to amortise any discount over the term of the debt. For the purpose of this measure, current asset investments and cash and cash equivalents are measured at the lower of cost and net realisable value. Currency denominated balances within net debt are translated to sterling at swapped rates where hedged.
Net debt is considered to be an alternative performance measure as it is not defined in IFRS. The most directly comparable IFRS measure is the aggregate of loans and other borrowings (current and non-current), current asset investments and cash and cash equivalents. A reconciliation from the most directly comparable IFRS measure to net debt is given below.
A reconciliation from the most directly comparable IFRS measure to net debt is given below.

At 31 March
2019 £m
2018 £m
2017 £m
Loans and other borrowings
16,876
14,275
12,713
Less:
Cash and cash equivalents
(1,666)
(528)
(528)
Current asset investments
(3,214)
(3,022)
(1,520)
11,996
10,725
10,665
Adjustments:
To retranslate debt balances at swap rates where hedged by currency swaps
(701)
(874)
(1,419)
To remove accrued interest applied to reflect the effective interest method and fair value adjustments
(260)
(224)
(314)
Net debt
11,035
9,627
8,932


Question: Analyse this data from a financial earnings document. What is the average Cash and cash equivalents for 2017-2019?
Choices:
12952183.33
8.67
-479072
-907.33
-739.67
Correct choice index: 3
Note 11: Share-Based Compensation
Total share-based compensation expense related to the Company's stock options, RSUs, stock grant awards and ESPP were recorded within the Consolidated Statements of Operations and Comprehensive Income as follows (in millions):
(1) Recognition of related income tax benefits are the result of the adoption of ASU 2016-09 during the first quarter of 2017 through a cumulative effect adjustment of $68.1 million recorded as a credit to retained earnings as of January 1, 2017. Tax benefit is calculated using the federal statutory rate of 21% during the years ended December 31, 2019 and December 31, 2018, and 35% for the year ended December 31, 2017.
At December 31, 2019, total unrecognized share-based compensation expense, net of estimated forfeitures, related to non-vested RSUs with service, performance and market conditions was $74.9 million, which is expected to be recognized over a weighted-average period of 1.3 years. The total intrinsic value of stock options exercised during the year ended December 31, 2019 was $3.9 million.
The Company received cash of $1.7 million and $26.2 million from the exercise of stock options and the issuance of shares under the ESPP, respectively. Upon option exercise, vesting of RSUs, stock grant awards, or completion of a purchase under the ESPP, the Company issues new shares of common stock.

Year Ended December 31,
2019
2018
2017
Cost of revenue
$10.6
$7.0
$6.0
Research and development
17.0
14.3
12.5
Selling and marketing
14.8
14.1
11.7
General and administrative
37.0
42.9
39.6
Share-based compensation expense
79.4
78.3
69.8
Related income tax benefits at federal rate (1)
(16.7)
(16.4)
(24.4)
Share-based compensation expense, net of taxes
$62.7
$61.9
$45.4


Question: Analyse this data from a financial earnings document. What is the change in Cost of revenue from December 31, 2018 to 2019?
Choices:
0
17.6
4.6
74.2
3.6
Correct choice index: 4
table of contents the following performance graph is not 201csoliciting material , 201d is not deemed filed with the sec , and is not to be incorporated by reference into any of valero 2019s filings under the securities act of 1933 or the securities exchange act of 1934 , as amended , respectively .
this performance graph and the related textual information are based on historical data and are not indicative of future performance .
the following line graph compares the cumulative total return 1 on an investment in our common stock against the cumulative total return of the s&p 500 composite index and an index of peer companies ( that we selected ) for the five-year period commencing december 31 , 2006 and ending december 31 , 2011 .
our peer group consists of the following nine companies that are engaged in refining operations in the u.s. : alon usa energy , inc. ; chevron corporation ; cvr energy , inc. ; exxon mobil corporation ; hess corporation ; hollyfrontier corporation ; marathon petroleum corporation ; tesoro corporation ; and western refining , inc .
our peer group previously included conocophillips ; marathon oil corporation ; murphy oil corporation ; and sunoco , inc. , but they are not included in our current peer group because they have exited or are exiting refining operations in the u.s .
frontier oil corporation and holly corporation are now represented in our peer group as hollyfrontier corporation. .

12/2006
12/2007
12/2008
12/2009
12/2010
12/2011
Valero Common Stock
$100.00
$137.91
$43.38
$34.60
$48.28
$44.49
S&P 500
100.00
105.49
66.46
84.05
96.71
98.75
Old Peer Group
100.00
127.94
98.91
94.54
112.51
130.65
New Peer Group
100.00
127.92
103.60
97.91
113.09
133.47

1 assumes that an investment in valero common stock and each index was $ 100 on december 31 , 2006 .
201ccumulative total return 201d is based on share price appreciation plus reinvestment of dividends from december 31 , 2006 through december 31 , 2011. .

Question: Analyse this data from a financial earnings document. what was the range for valero stock from 2007-2011?
Choices:
103.31
103310
-103.31
4771.69
65.4
Correct choice index: 0
Provision for Income Taxes
The effective income tax rate is calculated by dividing the provision for income taxes by income before income taxes. The effective income tax rate for 2019 was 13.0% compared to 18.3% for 2018.
The decrease in the effective income tax rate and the provision for income taxes was primarily due to the recognition of approximately $2.2 billion of a non-recurring tax benefit in connection with the disposition of preferred stock, representing a minority interest in a foreign affiliate in 2019 compared to the non-recurring deferred tax benefit of approximately $2.1 billion as a result of an internal reorganization of legal entities within the historical Wireless business, which was offset by a goodwill charge that is not deductible for tax purposes in 2018.
A reconciliation of the statutory federal income tax rate to the effective income tax rate for each period is included in Note 12 to the consolidated financial statements.

(dollars in millions) Increase/ (Decrease)
Years Ended December 31,
2019
2018
2019 vs. 2018
Provision for income taxes
$2,945
$ 3,584
$ (639)
(17.8)%
Effective income tax rate
13.0%
18.3%


Question: Analyse this data from a financial earnings document. What is the average Effective income tax rate for 2018 and 2019?
Choices:
-0.05
15.65
171.04
1
240.77
Correct choice index: 1
( 1 ) the cumulative total return assumes reinvestment of dividends .
( 2 ) the total return is weighted according to market capitalization of each company at the beginning of each year .
( f ) purchases of equity securities by the issuer and affiliated purchasers we have not repurchased any of our common stock since the company filed its initial registration statement on march 16 , ( g ) securities authorized for issuance under equity compensation plans a description of securities authorized for issuance under our equity compensation plans will be incorporated herein by reference to the proxy statement for the 2012 annual meeting of stockholders to be filed within 120 days after the end of the company 2019s fiscal year .
item 6 .
selected financial data .

Year Ended December 31
($ in millions, except per share amounts)
2011
2010
2009
2008
2007
Sales and Service Revenues
$6,575
$6,723
$6,292
$6,189
$5,692
Goodwill Impairment
290
0
0
2,490
0
Operating income (loss)
110
248
211
(2,354)
447
Net earnings (loss)
(94)
135
124
(2,420)
276
Total assets
6,001
5,203
5,036
4,760
7,658
Long-term debt (1)
1,830
105
283
283
283
Total long-term obligations
3,757
1,559
1,645
1,761
1,790
Free cash flow (2)
331
168
(269)
121
364
Basic earnings (loss) per share
$(1.93)
$2.77
$2.54
$(49.61)
$5.65
Diluted earnings (loss) per share
$(1.93)
$2.77
$2.54
$(49.61)
$5.65

( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities .
( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures .
see liquidity and capital resources in item 7 for more information on this measure. .

Question: Analyse this data from a financial earnings document. what would 2011 operating income have been without non-cash charges?
Choices:
3636363.6
400000000.0
290000000
1904000
400
Correct choice index: 1
15 .
leases in january 1996 , the company entered into a lease agreement with an unrelated third party for a new corporate office facility , which the company occupied in february 1997 .
in may 2004 , the company entered into the first amendment to this lease agreement , effective january 1 , 2004 .
the lease was extended from an original period of 10 years , with an option for five additional years , to a period of 18 years from the inception date , with an option for five additional years .
the company incurred lease rental expense related to this facility of $ 1.3 million in 2008 , 2007 and 2006 .
the future minimum lease payments are $ 1.4 million per annum from january 1 , 2009 to december 31 , 2014 .
the future minimum lease payments from january 1 , 2015 through december 31 , 2019 will be determined based on prevailing market rental rates at the time of the extension , if elected .
the amended lease also provided for the lessor to reimburse the company for up to $ 550000 in building refurbishments completed through march 31 , 2006 .
these amounts have been recorded as a reduction of lease expense over the remaining term of the lease .
the company has also entered into various noncancellable operating leases for equipment and office space .
office space lease expense totaled $ 9.3 million , $ 6.3 million and $ 4.7 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively .
future minimum lease payments under noncancellable operating leases for office space in effect at december 31 , 2008 are $ 8.8 million in 2009 , $ 6.6 million in 2010 , $ 3.0 million in 2011 , $ 1.8 million in 2012 and $ 1.1 million in 2013 .
16 .
royalty agreements the company has entered into various renewable , nonexclusive license agreements under which the company has been granted access to the licensor 2019s technology and the right to sell the technology in the company 2019s product line .
royalties are payable to developers of the software at various rates and amounts , which generally are based upon unit sales or revenue .
royalty fees are reported in cost of goods sold and were $ 6.3 million , $ 5.2 million and $ 3.9 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively .
17 .
geographic information revenue to external customers is attributed to individual countries based upon the location of the customer .
revenue by geographic area is as follows: .

Year Ended December 31,
<i>(in thousands)</i>
2008
2007
2006
United States
$151,688
$131,777
$94,282
Germany
68,390
50,973
34,567
Japan
66,960
50,896
35,391
Canada
8,033
4,809
4,255
Other European
127,246
108,971
70,184
Other international
56,022
37,914
24,961
Total revenue
$478,339
$385,340
$263,640

.

Question: Analyse this data from a financial earnings document. what was the average future minimum lease payments under noncancellable operating leases for office space from 2009 to 2013 in millions .
Choices:
0.188
5.875
8.575
5.325
4.775
Correct choice index: 3