trismik/FinRAG huggingface dataset:
Systems revenue of $8,034 million decreased 2.0 percent year to year as reported (2 percent adjusted for currency) driven by strong IBM Z performance in 2017 and continued price pressures impacting Storage Systems in a competitive environment.
Both hardware platforms were down year to year for the full year, as reported and adjusted for currency. This performance was partially offset by strong growth in Power Systems (which grew as reported and adjusted for currency in 2018) with strong performance in POWER9-based systems and Linux throughout the year. Within Systems, cloud revenue of $3.1 billion decreased 10 percent as reported and adjusted for currency compared to the prior year reflecting IBM Z product cycle dynamics.

($ in millions)
For the year ended December 31:
2018
Yr.-to-Yr. Percent Change
Yr.-to-Yr. Percent Change Adjusted for Currency
Systems external revenue
$8,034
$8,194
(2.0)%
(2.3)%
Systems Hardware
$6,363
$6,494
(2.0)%
(2.3)%
IBM Z
(5.4)
(5.6)
Power Systems
8.8
8.7
Storage Systems
(5.5)
(5.9)
Operating Systems Software
1,671
1,701
(1.7)
(2.4)


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in the value of Operating Systems Software from 2017 to 2018
Choices:
-1707
-3000
-30
1731
1662
Correct choice index: 2
Acquisitions and divestments
Acquisitions
In 2019, Ericsson made acquisitions with a negative cash flow effect amounting to SEK 1,815 (1,220) million. The acquisitions presented below are not material, but the Company gives the information to provide the reader a summarized view of the content of the acquisitions made. The acquisitions consist primarily of:
Kathrein: On October 2, 2019, the Company acquired assets from Kathrein, a world leading provider of antenna and filter technologies with approximately 4,000 employees. Kathrein’s antenna and filters business has a strong R&D organization with extensive experience in antenna design and research, coupled with a strong IPR portfolio. In addition to broadening Ericsson’s portfolio of antenna and filter products, the acquisition will bring vital competence for the evolution of advanced radio network products. The acquired Kathrein business has had a negative impact of SEK –0.5 billion since the acquisition, corresponding to –1 percentage point in Networks operating margin. Balances to facilitate the Purchase price allocation are preliminary.
CSF: On August 20, 2019, the Company acquired 100% of the shares in CSF Holdings Inc. a US-based technology company with approximately 25 employees. CSF strengthens iconectiv’s Business to Consumer (B2C) product platforms to enable growth in messaging and Toll-Free Number (TFN) management. Balances to facilitate the Purchase price allocation are final.
ST-Ericsson: Before ST-Ericsson was a joint venture where Ericsson and ST Microelectronics had a 50/50 ownership. This joint venture consisted of a number of legal entities where the two parties owned different stakes in the different legal entities. In December 2019 the Company initiated transactions to wind-down the legal structure of ST-Ericsson by acquiring the remaining shares in two legal ST-Ericsson entities and costs of SEK –0.3 billion impacted the result. The Company now owns 100% of the shares in those entities.
In order to finalize a Purchase price allocation all relevant information needs to be in place. Examples of such information are final consideration and final opening balances, they may remain preliminary for a period of time due
to for example adjustments of working capital, tax items or decisions from local authorities.
1) Acquisition-related costs are included in Selling and administrative expenses in the consolidated income statement.

Acquisitions 2017–2019
2019
2018
2017
Total consideration, including cash
1,957
1,314
62
Net assets acquired
Cash and cash equivalents
142
94
–
Property, plant and equipment
353
4
12
Intangible assets
497
481
101
Investments in associates
101
64
–
Other assets
1,357
254
1
Provisions, incl. post-employment benefits
–102
–
–
Other liabilities
–743
–494
25
Total identifiable net assets
1,605
403
139
Costs recognized in net income
153
–
–
Goodwill
199
911
–77
Total
1,957
1,314
62
Acquisition-related costs 1)
85
24
49


Question: Analyse this data from a financial earnings document. What is the change in total consideration between 2019 and 2018?
Choices:
3271
-961
643
600
3177
Correct choice index: 2
The tax effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities are as follows (in thousands):
The Company considered both positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies, historic book profit/loss, prior taxable income/loss, and results of future operations, and determined that a valuation allowance was not required for a significant portion of its deferred tax assets. A valuation allowance of $31.4 million and $28.5 million remained as of July 31, 2019 and 2018, respectively.
The increase of $2.9 million in the valuation allowance in the current fiscal year relates primarily to net operating losses and income tax credits incurred in certain tax jurisdictions for which no tax benefit was recognized.

As of July 31,
2019
2018
Accruals and reserves
$7,870
$12,129
Stock-based compensation
6,353
7,658
Deferred revenue
2,316
4,023
Property and equipment
—
1,268
Net operating loss carryforwards
55,881
56,668
Tax credits
74,819
60,450
Total deferred tax assets
147,239
142,196
Less valuation allowance
31,421
28,541
Net deferred tax assets
115,818
113,655
Less deferred tax liabilities:   
Intangible assets
7,413
11,461
Convertible debt
10,274
11,567
Property and equipment
1,435
—
Unremitted foreign earnings
302
258
Capitalized commissions
6,086
—
Total deferred tax liabilities
25,510
23,286
Deferred tax assets, net
90,308
90,369
Less foreign deferred revenue
—
69
Less foreign capitalized commissions
906
—
Total net deferred tax assets
89,402
90,300


Question: Analyse this data from a financial earnings document. What was the average Stock-based compensation for 2018 and 2019?
Choices:
7005.5
14819.5
1
6872
7005500000
Correct choice index: 0
Year Ended December 31, 2019 Compared to Year Ended December 31, 2018
Revenues
Our Products and Licensing segment included revenues from sales of test and measurement systems, primarily representing sales of our Optical Backscatter Reflectometer, ODiSI, and Optical Vector Analyzer platforms, optical components and sub-assemblies and sales of our Hyperion and Terahertz sensing platforms. Our Products and Licensing segment revenues increased $22.5 million to $44.5 million for the year ended December 31, 2019 compared to $21.9 million for the year ended December 31, 2018.
The increase resulted primarily from $10.8 million of revenues realized from the legacy business of MOI and $10.5 million of revenues realized from the legacy business of GP during the year ended December 31, 2019. Continued growth in sales of our fiber-optic sensing products, including our ODiSI products directed toward the expanding use of composite materials and the need for improved means of testing their structural integrity, and our communications test instruments also contributed to this increase.
Our Technology Development segment revenues increased $5.1 million to $26.0 million for the year ended December 31, 2019 compared to $21.0 million for the year ended December 31, 2018. Revenues within this segment increased due to additional contract awards, including higher value Phase 2 SBIR contracts. The increase continues a growth trend experienced over the past two years largely driven by successes in Phase 2 SBIR awards. The increase was realized primarily in our intelligent systems, advanced materials, optical systems and terahertz research groups. As Phase 2 SBIR contracts generally have a performance period of a year or more, we currently expect Technology Development segment revenues to remain at a similar level for the near term.

Years ended December 31,
2019
2018
$ Difference 
% Difference
Products and licensing revenues
$44,491,041
$21,949,689
$22,541,352
102.7%
Technology development revenues
26,024,674
20,967,556
5,057,118
24.1%
Total revenues
$70,515,715
$42,917,245
$27,598,470
64.3%


Question: Analyse this data from a financial earnings document. What is the average Products and licensing revenues for December 31, 2018 and 2019?
Choices:
3
33220365
64693992
1
-33220365
Correct choice index: 1
9. DEBT AND OTHER FINANCING ARRANGEMENTS
2021 Senior Convertible Notes
In 2017, the Company issued $300.0 million principal amount of 5.75% senior convertible notes (the “2021 Notes”) for a purchase price equal to 98% of the principal amount. The Company received net proceeds of $284.9 million, net of a discount of $6.0 million and issuance costs of $9.1 million. The debt discount is being accreted to interest expense over the term of the 2021 Notes using the interest method. The issuance costs were deferred and are being amortized to interest expense over the same term.
The 2021 Notes are governed by an Indenture, dated December 8, 2017 between the Company and US Bank National Association, as trustee (the “2017 Indenture”). The 2021 Notes mature on July 1, 2021, unless earlier repurchased or converted. Interest is payable semi-annually in arrears on January 1 and July 1, commencing January 1, 2018.
The 2021 Notes are convertible at an initial conversion rate of 23.8095 shares of the Company’s common stock per $1,000 principal amount of the 2021 Notes, which represents an initial conversion price of $42.00 per share, subject to adjustment for anti-dilutive issuances, voluntary increases in the conversion rate, and make-whole adjustments upon a fundamental change. A fundamental change includes a change in control, delisting of the Company’s common stock, and a liquidation of the Company. Upon conversion, the Company will deliver the applicable number of the Company’s common stock and cash in lieu of any fractional shares. Holders of the 2021 Notes may convert their 2021 Notes at any time prior to the close of business on the scheduled trading day immediately preceding the maturity date.
The holders of the 2021 Notes may require the Company to repurchase all or a portion of their 2021 Notes at a cash repurchase price equal to 100% of the principal amount of the 2021 Notes being repurchased, plus the remaining scheduled interest through and including the maturity date, upon a fundamental change and events of default, including non-payment of interest or principal and other obligations under the 2017 Indenture.
The net carrying amounts of the liability components of the 2021 Notes consist of the following (in thousands):
The effective interest rate of the liability component is 6.4% for the 2021 Notes.

December 31, 2019
December 31, 2018
Principal amount
$300,000
$300,000
Unamortized debt discount
(2,691)
(4,348)
Net carrying amount before unamortized debt issuance costs
297,309
295,652
Unamortized debt issuance costs
(4,135)
(6,685)
Net carrying value
$293,174
$288,967


Question: Analyse this data from a financial earnings document. What is the percentage change in net carrying amount before unamortized debt issuance costs between 2018 and 2019?
Choices:
0.01
1.47
-29399500
17842.61
0.56
Correct choice index: 4
Interest in associates
*Included within share of profit from associates is $1,917,000 representing NSR’s share of fair value gains related to investment properties held by joint ventures and associates (30 June 2018: $1,383,000).
The Group owns 24.9% (2018: 24.9%) of the Australia Prime Storage Fund (“APSF”). APSF is a partnership with Universal Self Storage to facilitate the development and ownership of multiple premium grade selfstorage centres in select cities around Australia.
During the year ended 30 June 2019, National Storage (Operations) Pty Ltd earned fees of $0.8m from APSF associated with the design, development, financing of the construction process, and ongoing management of centres (see note 17) (30 June 2018: $0.7m).
As at 30 June 2019, APSF had two operating centres in Queensland, Australia, with a third asset under construction in Victoria, Australia.
Following the financial year end, on 26 July 2019, the Group purchased two storage centre investment properties from APSF for $42.6m, and reached an agreement to purchase a third asset for $21.35m on completion of construction (see note 23). During the year ended 30 June 2018, the Group purchased a storage centre investment property asset in Queensland, Australia from APSF for $14m.
As at 30 June 2019, APSF had contractual commitments of $2.8m in place for the construction of one storage centre in Victoria, Australia. Neither associate had any contingent liabilities or any other capital commitments at 30 June 2019 or 30 June 2018. As at 30 June 2019, APSF had contractual commitments of $2.8m in place for the construction of one storage centre in Victoria, Australia. Neither associate had any contingent liabilities or any other capital commitments at 30 June 2019 or 30 June 2018.
The Group holds a 24% (30 June 2018: 24.8%) holding in Spacer Marketplaces Pty Ltd (“Spacer”). Spacer operate online peer-to-peer marketplaces for self-storage and parking.

2019
2018
$'000
$'000
Opening balance at 1 July
10,693
8,611
Capital contribution / acquisition of shareholding in associates
-
2,048
Share of profit from associates*
1,695
1,282
Distributions from associate
-
(1,248)
Closing balance at 30 June
12,388
10,693


Question: Analyse this data from a financial earnings document. What was the average Capital contribution / acquisition of shareholding in associates for 2018 and 2019?
Choices:
2048
-1024
68
1
1024
Correct choice index: 4
6.1 Net debt
(1) 50% of outstanding preferred shares of $4,004 million in 2019 and 2018 are classified as debt consistent with the treatment by some credit rating agencies.
The increase of $1,891 million in total debt, comprised of debt due within one year and long-term debt, was due to: • an increase in our lease liabilities of $2,304 million as a result of the adoption of IFRS 16 on January 1, 2019 • the issuance by Bell Canada of Series M-49 and Series M-50 MTN debentures with total principal amounts of $600  million and $550 million in Canadian dollars, respectively, and Series US-2 Notes with a total principal amount of $600 million in U.S. dollars ($808 million in Canadian dollars) • an increase in our securitized trade receivables of $131 million
Partly offset by: • the early redemption of Series M-27 MTN debentures and Series M-37 debentures with total principal amounts of $1 billion and $400 million, respectively • a decrease in our notes payable (net of issuances) of $1,073 million • a net decrease of $29 million in our lease liabilities and other debt
The decrease in cash and cash equivalents of $280 million was due mainly to: • $2,819 million of dividends paid on BCE common shares • $1,216 million of debt repayments (net of issuances) • $142 million paid for the purchase on the open market of BCE common shares for the settlement of share-based payments • $60 million acquisition and other costs paid
Partly offset by: • $3,818 million of free cash flow • $240 million issuance of common shares from the exercise of stock options

2019
2018
$ CHANGE
% CHANGE
Debt due within one year
3,881
4,645
(764)
(16.4%)
Long-term debt
22,415
19,760
2,655
13.4%
Preferred shares (1)
2,002
2,002
–
–
Cash and cash equivalents
(145)
(425)
280
65.9%
Net debt
28,153
25,982
2,171
8.4%


Question: Analyse this data from a financial earnings document. What is the Debt due within one year expressed as a ratio of Long-term debt for 2019?
Choices:
-0.17
1
0.17
5.78
0
Correct choice index: 2
Consolidated Statements of Earnings and Comprehensive Earnings
A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions):
(1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.

Year ended December 31,
2019(1)
2018
2017
Data entry, indexing services and other operating expenses
$8.8
$8.2
$5.1
Corporate services
3.8
4.9
9.2
Technology and corporate services
(0.1)
(1.0)
(1.7)
Total related party expenses, net
$12.5
$12.1
$12.6


Question: Analyse this data from a financial earnings document. What was the change in Total related party expenses, net between 2018 and 2019?
Choices:
-0.1
-0.4
24.6
8.6
0.4
Correct choice index: 4
Sales and Distribution
We maintain a strong local presence in each of the geographic regions in which we operate. Our net sales by geographic region(1) as a percentage of our total net sales were as follows:
(1) Net sales to external customers are attributed to individual countries based on the legal entity that records the sale.
We sell our products into approximately 150 countries primarily through direct selling efforts to manufacturers. In fiscal 2019, our direct sales represented approximately 80% of total net sales. We also sell our products indirectly via third-party distributors.
We maintain distribution centers around the world. Products are generally delivered to the distribution centers by our manufacturing facilities and then subsequently delivered to the customer. In some instances, however, products are delivered directly from our manufacturing facility to the customer. Our global coverage positions us near our customers’ locations and allows us to assist them in consolidating their supply base and lowering their production costs. We contract with a wide range of transport providers to deliver our products globally via road, rail, sea, and air. We believe our balanced sales distribution lowers our exposure to any particular geography and improves our financial profile.

Fiscal
2019
2018
2017
Europe/Middle East/Africa (“EMEA”)
36 %
38 %
36 %
Asia–Pacific
33
34
35
Americas
31
28
29
Total
100 %
100 %
100 %


Question: Analyse this data from a financial earnings document. What was the average net sales in Asia-Pacific as a percentage of total net sales across 2017, 2018 and 2019?
Choices:
56
23
-34
128
34
Correct choice index: 4
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 15 — Shareholders' Equity
A roll forward of common shares outstanding is as follows:

As of December 31,
2019
2018
Balance at beginning of the year
32,750,727
32,938,466
Repurchases
(420,770)
(342,100)
Restricted stock unit issuances
142,449
154,361
Balance at end of period
32,472,406
32,750,727


Question: Analyse this data from a financial earnings document. What was the percentage change in the Restricted stock unit issuances between 2018 and 2019?
Choices:
-0.04
-7.72
100
21116.97
-0.08
Correct choice index: 1
ITEM 3. KEY INFORMATION
Selected Financial Data
The following table sets forth our selected consolidated financial data as of and for each of the years in the five-year period ended December 31, 2019. The consolidated financial data has been derived from, and should be read in conjunction with, our Consolidated Financial Statements prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS), presented in “Item 18. Financial Statements” of this report.
Our selected financial data and our Consolidated Financial Statements are presented in euros, unless otherwise stated.
(1) See Note (C.6) to our Consolidated Financial Statements for more information on earnings per share.
(2) The balances include primarily bonds, private placements and bank loans. See Note (E.3) to our Consolidated Financial Statements for more information on our financial liabilities.

SELECTED FINANCIAL DATA: IFRS
€ millions, unless otherwise stated
2019
2018
2017
2016
2015
Income Statement Data: Years ended December 31,
Cloud revenue
6,933
4,993
3,769
2,993
2,286
Software licenses and support revenue
16,080
15,628
15,780
15,431
14,928
Cloud and software revenue
23,012
20,622
19,549
18,424
17,214
Total revenue
27,553
24,708
23,461
22,062
20,793
Operating profit
4,473
5,703
4,877
5,135
4,252
Profit after tax
3,370
4,088
4,046
3,629
3,056
Profit attributable to owners of parent
3,321
4,083
4,008
3,642
3,064
Earnings per share(1)
Basic in €
2.78
3.42
3.35
3.04
2.56
Diluted in €
2.78
3.42
3.35
3.04
2.56
Other Data:
Weighted-average number of shares outstanding
Basic
1,194
1,194
1,197
1,198
1,197
Diluted
1,194
1,194
1,198
1,199
1,198
Statement of Financial Position Data: At December 31,
Cash and cash equivalents
5,314
8,627
4,011
3,702
3,411
Total assets
60,215
51,502
42,484
44,262
41,390
Current financial liabilities(2)
3,273
1,125
1,561
1,813
841
Non-current financial liabilities(2)
12,923
10,553
5,034
6,481
8,681
Issued capital
1,229
1,229
1,229
1,229
1,229
Total equity
30,822
28,877
25,515
26,382
23,295


Question: Analyse this data from a financial earnings document. What was the change in issued capital in 2019 from 2018?
Choices:
2458
0
21783
30
-1226
Correct choice index: 1
Total CO2 emissions FY19
1 Tonnes of carbon dioxide equivalent.
2 Absolute carbon emissions divided by revenue in millions.
Auto Trader is required to measure and
report its direct and indirect greenhouse
gas (‘GHG’) emissions by the Companies Act
2006 (Strategic Report and Directors’ Report)
Regulations 2013. The greenhouse gas
reporting period is aligned to the financial
reporting year. The methodology used to
calculate our emissions is based on the
financial consolidation approach, as
defined in the Greenhouse Gas Protocol,
A Corporate Accounting and Reporting
Standard (Revised Edition). Emission
factors used are from UK government
(‘BEIS’) conversion factor guidance for
the year reported.
Auto Trader is required to measure and report its direct and indirect greenhouse gas (‘GHG’) emissions by the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013. The greenhouse gas reporting period is aligned to the financial reporting year. The methodology used to calculate our emissions is based on the financial consolidation approach, as defined in the Greenhouse Gas Protocol, A Corporate Accounting and Reporting Standard (Revised Edition). Emission factors used are from UK government (‘BEIS’) conversion factor guidance for the year reported.
The report includes the ‘Scope 1’ (combustion of fuel) in relation to company cars and ‘Scope 2’ (purchased electricity and gas) emissions associated with our offices. We have chosen to include the emissions associated with leased company cars in Scope 1, as we are responsible for these emissions.
We have chosen to present a revenue intensity ratio as this is a relevant indicator of our growth and is aligned with our business strategy. The reduction in our GHG emissions is due to a reduction in the fuel emissions from our company car fleet, as the fleet has reduced. We have also reduced the amount of electricity we use, and this coupled with a decrease in BEIS conversion factors has also contributed to our Scope 2 reduction.

FY19
FY18
FY17
FY16
Scope 1
263
390
491
565
Manchester
213
281
361
357
London
44
60
76
88
Scope 2
258
340
437
445
Total
521
731
928
1,010
Revenue
355.1
330.1
311.5
281.6
Carbon intensity
1.47
2.21
2.98
3.59
Year-on-year change
-34%
-26%
-17%


Question: Analyse this data from a financial earnings document. What was the change in the CO2 emissions amount in London in 2019 from 2018?
Choices:
16
-58
-317
-60
-16
Correct choice index: 4