trismik/FinRAG huggingface dataset:
part ii , item 8 fourth quarter of 2007 : 0160 schlumberger sold certain workover rigs for $ 32 million , resulting in a pretax gain of $ 24 million ( $ 17 million after-tax ) which is classified in interest and other income , net in the consolidated statement of income .
4 .
acquisitions acquisition of eastern echo holding plc on december 10 , 2007 , schlumberger completed the acquisition of eastern echo holding plc ( 201ceastern echo 201d ) for $ 838 million in cash .
eastern echo was a dubai-based marine seismic company that did not have any operations at the time of acquisition , but had signed contracts for the construction of six seismic vessels .
the purchase price has been allocated to the net assets acquired based upon their estimated fair values as follows : ( stated in millions ) .

Cash and short-term investments
$266
Other current assets
23
Fixed income investments, held to maturity
54
Vessels under construction
694
Accounts payable and accrued liabilities
(17)
Long-term debt
(182)
Total purchase price
$838

other acquisitions schlumberger has made other acquisitions and minority interest investments , none of which were significant on an individual basis , for cash payments , net of cash acquired , of $ 514 million during 2009 , $ 345 million during 2008 , and $ 281 million during 2007 .
pro forma results pertaining to the above acquisitions are not presented as the impact was not significant .
5 .
drilling fluids joint venture the mi-swaco drilling fluids joint venture is owned 40% ( 40 % ) by schlumberger and 60% ( 60 % ) by smith international , inc .
schlumberger records income relating to this venture using the equity method of accounting .
the carrying value of schlumberger 2019s investment in the joint venture on december 31 , 2009 and 2008 was $ 1.4 billion and $ 1.3 billion , respectively , and is included within investments in affiliated companies on the consolidated balance sheet .
schlumberger 2019s equity income from this joint venture was $ 131 million in 2009 , $ 210 million in 2008 and $ 178 million in 2007 .
schlumberger received cash distributions from the joint venture of $ 106 million in 2009 , $ 57 million in 2008 and $ 46 million in 2007 .
the joint venture agreement contains a provision under which either party to the joint venture may offer to sell its entire interest in the venture to the other party at a cash purchase price per percentage interest specified in an offer notice .
if the offer to sell is not accepted , the offering party will be obligated to purchase the entire interest of the other party at the same price per percentage interest as the prices specified in the offer notice. .

Question: Analyse this data from a financial earnings document. what was vessels under construction as a percentage of total purchase price?
Choices:
1.20749
-40.82353
0.82816
1
1532
Correct choice index: 2
performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 .
the graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .
comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .

DATE
CITI
S&P 500
S&P FINANCIALS
31-Dec-2011
100.0
100.0
100.0
31-Dec-2012
150.6
116.0
128.8
31-Dec-2013
198.5
153.6
174.7
31-Dec-2014
206.3
174.6
201.3
31-Dec-2015
197.8
177.0
198.2
31-Dec-2016
229.3
198.2
243.4

.

Question: Analyse this data from a financial earnings document. what was the percent of the growth for s&p financials cumulative total return from 2013 to 2014
Choices:
227.9
26.6
0
2660
-58.7
Correct choice index: 1
The tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions. The effect of the tax benefits, from tax holidays for countries which are profitable, on basic earnings per share was $0.14, $0.15 and $0.13 for the years ended December 31, 2019, 2018, and 2017, respectively. These agreements are present in various countries and include programs that reduce up to and including 100% of taxes in years affected by the agreements.
The Company’s tax holidays expire at various dates through the year ending December 31, 2028. In certain countries, tax holidays can be renewed depending on the Company still meeting certain conditions at the date of expiration of the current tax holidays.
In May 2019, Switzerland voted a tax reform which cancelled all favourable tax regimes and introduced a single tax rate for all companies, which triggered the revaluation of all deferred tax assets and liabilities. Enactment of this law occurred in third quarter of 2019, which resulted in a tax benefit of $20 million. The remeasurement of deferred taxes was reconciled in the fourth quarter of 2019 to include the current year activity, which did not have a material impact on the net remeasurement.

Year ended December 31, 2019
Year ended December 31, 2018
Year ended December 31, 2017
Income tax benefit (expense) computed at statutory rate
(297)
(353)
(238)
Non-deductible and non-taxable permanent differences, net
4
45
17
Income (loss) on equity-method investments
—
—
—
Valuation allowance adjustments
2
141
92
Effect on deferred taxes of changes in enacted tax rates
14
(62)
(70)
Current year credits
50
43
40
Other tax and credits
(51)
(20)
(36)
Benefits from tax holidays
129
135
114
Net impact of changes to uncertain tax positions
(5)
(16)
(43)
Earnings of subsidiaries taxed at different rates
(2)
(9)
(19)
Income tax benefit (expense)
(156)
(96)
(143)


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Income tax benefit (expense) from December 31, 2018 to 2019?
Choices:
60
96
0
45
252
Correct choice index: 0
Contractual Obligations
The following table summarizes our contractual obligations as of September 30, 2019 (in thousands):
Our principal executive offices, as well as our research and development facility, are located in approximately 29,000 square feet of office space in San Diego, California and the term of the lease continues through June 30, 2024. The average annual base rent under this lease is approximately $1.0 million per year. In connection with this lease, we received tenant improvement allowances totaling approximately $1.0 million. These lease incentives are being amortized as a reduction of rent expense over the term of the lease.
Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The
term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the
Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of
the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000). Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000).
Other than the lease for our office space in San Diego, California, we do not believe that the leases for our offices are material to the Company. We believe our existing properties are in good condition and are sufficient and suitable for the conduct of its business.

Less than 1 year
1-3 years
3-5 years
More than 5 years
Total
Operating lease obligations
$1,699
$3,950
$2,707
$36
$8,392
Other borrowings
131
145
219
61
556
Total
$1,830
$4,095
$2,926
$97
$8,948


Question: Analyse this data from a financial earnings document. What is the ratio of contractual obligations that expire in less than 1 year to the ones that expire in 3-5 years?
Choices:
1.6
-1096
0.58
0.63
0
Correct choice index: 3
Financing Cash Flow Activities
Year Ended December 31, 2019 Compared with the Year Ended December 31, 2018
Net cash provided by financing activities – continuing operations increased during the year ended December 31, 2019 primarily due to inflows resulting from (i) the issuance of the 0.875% Convertible Senior Notes, (ii) lower credit facility payments, partially offset with less credit facility borrowings and (iii) a decrease in the repurchase of common stock. These were partially offset by the purchase of the remaining minority interest in Pulse8 during 2019.
Year Ended December 31, 2018 Compared with the Year Ended December 31, 2017
We used cash in financing activities – continuing operations during the year ended December 31, 2018 compared with cash inflows from financing activities – continuing operations during the year ended December 31, 2017, which was primarily driven by higher repayments of borrowings outstanding under our senior secured credit facility and higher common stock repurchases. We used a portion of the proceeds from the sale of our investment in Netsmart to repay balances outstanding under our senior secured credit facilities at the end of 2018. We borrowed funds in 2018 to purchase Practice Fusion and Health Grid and to acquire the remaining outstanding minority interest in which we initially acquired a controlling interest in April 2015.
Net cash provided by financing activities – discontinued operations increased during the year ended December 31, 2018 compared with the prior year primarily due to higher borrowings by Netsmart used to finance business acquisitions.

Year Ended December 31,
(In thousands)
2019
2018
2017
2019 $ Change from 2018
2018 $ Change from 2017
Proceeds from sale or issuance of common stock
$0
$1,283
$1,568
$(1,283)
$(285)
Taxes paid related to net share settlement of equity awards
(7,286)
(9,466)
(7,269)
2,180
(2,197)
Proceeds from issuance of 0.875% Convertible Senior Notes
218,000
0
0
218,000
0
Payments for issuance costs on 0.875% Convertible Senior Notes
(5,445)
0
0
(5,445)
0
Payments for capped call transaction on 0.875% Convertible Senior Notes
(17,222)
0
0
(17,222)
0
Credit facility payments
(220,000)
(713,751)
(138,139)
493,751
(575,612)
Credit facility borrowings, net of issuance costs
279,241
430,843
325,001
(151,602)
105,842
Repurchase of common stock
(111,460)
(138,928)
(12,077)
27,468
(126,851)
Payment of acquisition and other financing obligations
(14,685)
(5,198)
(1,283)
(9,487)
(3,915)
Purchases of subsidiary shares owned by non-controlling interest
(53,800)
(7,198)
0
(46,602)
(7,198)
Net cash provided by (used in) financing activities - continuing operations
67,343
(442,415)
167,801
509,758
(610,216)
Net cash provided by (used in) financing activities - discontinued operations
0
149,432
30,784
(149,432)
118,648
Net cash provided (used in) by financing activities
$67,343
$(292,983)
$198,585
$360,326
$(491,568)


Question: Analyse this data from a financial earnings document. What is the change in Payment of acquisition and other financing obligations from 2019 to 2018?
Choices:
100644
9487
9487000000
-3018
-134747
Correct choice index: 1
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 difference between average equity securities and average debt securities ?
Choices:
-2037
365
1942
-47
2037
Correct choice index: 2
Summarized financial information concerning our segments is shown in the tables below (in millions):
(1) Revenues for Corporate and Other represent deferred revenue purchase accounting adjustments recorded in accordance with GAAP.
(2) Operating expenses for Corporate and Other includes equity-based compensation, including certain related payroll taxes, of $51.7 million, $51.4 million and $19.2 million for the years ended December 31, 2019, 2018 and 2017, respectively.
(4) Depreciation and amortization for Corporate and Other primarily represents net incremental depreciation and amortization adjustments associated with the application of purchase accounting recorded in accordance with GAAP.
(5) Transition and integration costs primarily consists of costs associated with executive transition, transition-related costs as we transferred certain corporate functions from FNF and acquisitions.
(6) Receivables from related parties are included in Corporate and Other.

Year ended December 31, 2018
Software Solutions
Data and Analytics
Corporate and Other
Total
Revenues
$962.0
$154.5
$(2.5)
(1)
$1,114.0
Expenses:
Operating expenses
394.8
115.0
115.6
(2)
625.4
Transition and integration costs
—
—
6.6
(5)
6.6
EBITDA
567.2
39.5
(124.7)
482.0
Depreciation and amortization
112.9
14.1
90.0
(4)
217.0
Operating income (loss)
454.3
25.4
(214.7)
265.0
Interest expense, net
(51.7)
Other expense, net
(7.1)
Earnings before income taxes
206.2
Income tax expense
37.7
Net earnings
$168.5
Balance sheet data:
Total assets
$3,227.8
$310.2
$115.4
(6)
$3,653.4
Goodwill
$2,157.6
$172.1
$—
$2,329.7


Question: Analyse this data from a financial earnings document. What was the difference in Depreciation and amortization between Software Solutions and Corporate and Other?
Choices:
0.2
61.5
22.9
-22.9
202.9
Correct choice index: 2
the following table discloses purchases of shares of valero 2019s common stock made by us or on our behalf during the fourth quarter of period total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .

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

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

Question: Analyse this data from a financial earnings document. what was the value of all the shares purchased in october?
Choices:
147169971060
-147169971.06
3180724.27
2140.91
147169971.06
Correct choice index: 4
purchases of equity securities 2013 during 2018 , we repurchased 57669746 shares of our common stock at an average price of $ 143.70 .
the following table presents common stock repurchases during each month for the fourth quarter of 2018 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .

Period
Total Number of Shares Purchased [a]
Average Price Paid Per Share
Total Number of Shares Purchased as Part of a Publicly AnnouncedPlan or Program [b]
Maximum Number of Shares Remaining Under the Plan or Program [b]
Oct. 1 through Oct. 31
6,091,605
$158.20
6,087,727
32,831,024
Nov. 1 through Nov. 30
3,408,467
147.91
3,402,190
29,428,834
Dec. 1 through Dec. 31
3,007,951
148.40
3,000,715
26,428,119
Total
12,508,023
$153.04
12,490,632
N/A

[a] total number of shares purchased during the quarter includes approximately 17391 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .
[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .
these repurchases may be made on the open market or through other transactions .
our management has sole discretion with respect to determining the timing and amount of these transactions. .

Question: Analyse this data from a financial earnings document. what percentage of the total number of shares purchased where purchased in december?
Choices:
4.15832
0.24048
37623520290873
0.2725
1
Correct choice index: 1
CREDIT RISK
We are exposed to credit risk from operating activities and certain financing activities, the maximum exposure of which is represented by the carrying amounts reported in the statements of financial position.
We are exposed to credit risk if counterparties to our trade receivables and derivative instruments are unable to meet their obligations. The concentration of credit risk from our customers is minimized because we have a large and diverse customer base. There was minimal credit risk relating to derivative instruments at December 31, 2019 and 2018. We deal with institutions that have investment-grade credit ratings, and as such we expect that they will be able to meet their obligations. We regularly monitor our credit risk and credit exposure.
The following table provides the change in allowance for doubtful accounts for trade receivables.

NOTE
2019
2018
Balance, January 1
(51)
(54)
Adoption of IFRS 9
–
(4)
Additions
(114)
(84)
Usage
103
91
Balance, December 31
10
(62)
(51)


Question: Analyse this data from a financial earnings document. What is the average amount of Usage in 2018 and 2019?
Choices:
9700
-2
194
97
6
Correct choice index: 3
Equity in net earnings of affiliates:
The decrease in the share of net earnings in Golar Partners is as a result of a decrease in the underlying performance of Golar Partners in 2018. As a result, during the year ended December 31, 2018, we recognized an impairment charge of $149.4 million. The year ended December 31, 2017 included a deemed loss on disposal of $17.0 million as a result of a dilution in our holding in Golar Partners due to further issuances of common units by Golar Partners in February 2017. As of December 31, 2018, we held a 32.0% (2017: 31.8%) ownership interest in Golar Partners (including our 2% general partner interest) and 100% of IDRs.
The share of net earnings in other affiliates represents our share of equity in Egyptian Company for Gas Services S.A.E ("ECGS") and Avenir LNG Limited ("Avenir"). During the year ended December 31, 2018 we recognized negative goodwill of $3.8 million in equity in net earnings of affiliates to reflect our bargain purchase of Avenir. Refer to note 14 "Investment in Affiliates" of our consolidated financial statements included herein for further details.

December 31,
(in thousands of $)
2018
2017
Change
% Change
Share of net earnings in Golar Partners
7,001
17,702
(10,701)
(60)%
Impairment of investment in Golar Partners
(149,389)
—
(149,389)
100%
Net loss on deemed disposal of investments in Golar Partners
—
(16,992)
16,992
100%
Share of net earnings in other affiliates
3,711
793
2,918
368%
(138,677)
1,503
(140,180)
(9,327)%


Question: Analyse this data from a financial earnings document. What was the percentage change in share of net earnings in other affiliates between 2018 and 2017?
Choices:
1135.03
0
100
367.97
-367.97
Correct choice index: 3