trismik/FinRAG huggingface dataset:
Item 16C. Principal Accountant Fees and Services
Our principal accountant for 2019 and 2018 was KPMG LLP, Chartered Professional Accountants. The following table shows the fees Teekay and our subsidiaries paid or accrued for audit and other services provided by KPMG LLP for 2019 and 2018.
(1) Audit fees represent fees for professional services provided in connection with the audits of our consolidated financial statements and effectiveness of internal control over financial reporting, reviews of our quarterly consolidated financial statements and audit services provided in connection with other statutory or regulatory filings for Teekay or our subsidiaries including professional services in connection with the review of our regulatory filings for public offerings of our subsidiaries.
Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
(2) Audit-related fees consisted primarily of accounting consultations, employee benefit plan audits, services related to business acquisitions, divestitures and other attestation services. (3) For 2019 and 2018, tax fees principally included corporate tax compliance fees.
The Audit Committee has the authority to pre-approve audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees. Engagements for proposed services either may be separately pre-approved by the Audit Committee or entered into pursuant to detailed pre-approval policies and procedures established by the Audit Committee, as long as the Audit Committee is informed on a timely basis of any engagement entered into on that basis.
The Audit Committee separately pre-approved all engagements and fees paid to our principal accountants in 2019 and 2018.

Fees (in thousands of U.S. dollars)
2019
2018
Audit Fees (1)
2,723
2,529
Audit-Related Fees (2)
33
59
Tax Fees (3)
23
32
Total
2,779
2,620


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Audit-Related Fees from 2019 to 2018?
Choices:
-26
-62
-928267
2720
588141
Correct choice index: 0
* Recast to reflect segment changes.
The year-to-year improvements in margins and pre-tax income in GBS were the result of the shift to higher-value offerings, realignment of resources to key skill areas, increased productivity and utilization as well as a benefit from currency, due to the company’s global delivery model.

($ in millions)
For the year ended December 31:
2018*
2017*
Yr.-to-Yr. Percent/ Margin Change
Global Business Services
External gross profit
$4,448
$4,033
10.3%
External gross profit margin
26.8%
25.1%
1.7pts
Pre-tax income
$1,629
$1,303
25.0%
Pre-tax margin
9.6%
7.9%
1.7pts


Question: Analyse this data from a financial earnings document. What is the average Pre-tax income?
Choices:
1466
2932
0
652
1466000
Correct choice index: 0
2. Fixed assets
Accounting policies
Shares in Group undertakings are stated at cost less any provision for impairment and capital related to share-based payments. Contributions in respect of share-based payments are recognised in line with the policy set out in note 7 “Share-based payments”.
The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. If any such indication of impairment exists, the Company makes an estimate of the recoverable amount. If the recoverable amount of the cash-generating unit is less than the value of the investment, the investment is considered to be impaired and is written down to its recoverable amount. An impairment loss is recognised immediately in the income statement.
Shares in Group undertakings

2019
2018
€m
€m
Cost:
1 April
91,905
91,902
Capital contributions arising from share-based payments
137
130
Contributions received in relation to share-based payments
(92)
(127)
31 March
91,950
91,905
Amounts provided for:
1 April
8,177
7,911
Impairment losses
–
266
31 March
8,177
8,177
Net book value:
31 March
83,773
83,728


Question: Analyse this data from a financial earnings document. What is the 2019 average net book value as at 31 March ?
Choices:
83773
83750.5
167501
175655.5
0
Correct choice index: 1
The operating expense line items in our income statement include the following share-based payment expenses:
Share-Based Payment Expenses by Functional Area
In 2019, we paid €79 million in share-based payments that became fully vested because of terminations due to operational reasons in connection with our restructuring plan. These payments as well as the expense portion initially allocated to future services were classified as share-based payments and not as restructuring expenses.

€ millions
2019
2018
2017
Cost of cloud and software
138
78
115
Cost of services
246
142
158
Research and development
429
210
269
Sales and marketing
562
312
442
General and administration
461
88
135
Share-based payment expenses
1,835
830
1,120
Thereof cash-settled share-based payments
1,664
674
963
Thereof equity-settled share-based payments
171
156
157


Question: Analyse this data from a financial earnings document. What was the change in Cost of cloud and software in 2019 from 2018?
Choices:
57
2
14760
60
-108
Correct choice index: 3
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 .

Years Ended(In Millions)
Dec 29,2018
Dec 30,2017
Dec 31,2016
Net cash provided by operating activities
$29,432
$22,110
$21,808
Net cash used for investing activities
(11,239)
(15,762)
(25,817)
Net cash provided by (used for) financing activities
(18,607)
(8,475)
(5,739)
Net increase (decrease) in cash and cash equivalents
$(414)
$(2,127)
$(9,748)

md&a consolidated results and analysis 40 .

Question: Analyse this data from a financial earnings document. as of december 292017 what was the percent of the net cash used for investing activities to the net cash provided by operating activities
Choices:
0.36021
0.00002
-0.38186
0.38186
330786248
Correct choice index: 3
DSU plan
The Corporation also offers a Deferred Share Unit ("DSU") Plan for members of the Board to assist in the attraction and retention of qualified individuals to serve on the Board of the Corporation. Each existing or new member of the Board may elect to be paid a percentage of the annual retainer in the form of DSUs with the balance, if any, being paid in cash. The number of DSUs that a member is entitled to receive is based on the average closing price of the subordinate shares on the TSX for the twenty consecutive trading days immediately preceding by one day the date of issue. Dividend equivalents are awarded with respect to DSUs in a member's account on the same basis as if the member was a shareholder of record of subordinate shares on the relevant record date, and the dividend equivalents are credited to the individual's account as additional DSUs. DSUs are redeemable and payable in cash or in shares, upon an individual ceasing to be a member of the Board or in the event of the death of the member.
Under the DSU Plan, the following DSUs were issued by the Corporation and are outstanding at August 31:
A compensation expense of $1,792,000 (compensation expense reduction of $181,000 in 2018) was recorded for the year ended August 31, 2019 related to this plan.

Years ended August 31,
2019
2018
Outstanding, beginning of the year
42,607
40,446
Issued
11,328
6,662
Redeemed
(12,351)
(5,549)
Dividend equivalents
1,095
1,048
Outstanding, end of the year
42,679
42,607


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in Outstanding, beginning of the year from 2018 to 2019?
Choices:
-29118
-3388
-33784
2161
83053
Correct choice index: 3
FINANCIAL EXPENSE
(1) Fiscal 2018 was restated to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Discontinued operations" section.
Fiscal 2019 fourth-quarter financial expense decreased by 15.2% mainly due to: • the reimbursements of $65 million and US$35 million under the Canadian Revolving Facility during the second quarter of fiscal 2019 and of US$328 million during the third quarter of fiscal 2019 following the sale of Cogeco Peer 1; and • lower debt outstanding and interest rates on the First Lien Credit Facilities; party offset by • the appreciation of the US dollar against the Canadian dollar compared to same period of the prior year.

Three months ended August 31,
2019
2018 (1)
Change
(in thousands of dollars, except percentages)
$
$
%
Interest on long-term debt
41,307
46,127
(10.4)
Net foreign exchange losses (gains)
(403)
482
—
Amortization of deferred transaction costs
464
441
5.2
Capitalized borrowing costs
(168)
(162)
3.7
Other
(763)
821
—
40,437
47,709
(15.2)


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in total financial expense from 2018 to 2019?
Choices:
88146
-47705
-47644
-6402
-7272
Correct choice index: 4
The following table sets forth the aggregate fees by categories specified below in connection with certain professional services rendered by Ernst & Young, our principal external auditors, for the years indicated.
(1) Audit fees consist of fees associated with the annual audit, review of our quarterly financial statements, statutory audits and internal control review. They also include fees billed for those services that are normally provided by the independent accountants in connection with statutory and regulatory filings.
(2) Audit-related fees consist of fees billed for assurance and services related to the performance of the audit or review of our financial statements but not described in footnote (1) above. These services include certification of our Singapore Branch to Singapore authorities and application for corporation registration.
(3) Tax fees include fees billed for professional services rendered by Ernst & Young, primarily in connection with our tax compliance activities.
All audit and non-audit services performed by Ernst & Young were pre-approved by our audit committee. In certain circumstances, the audit committee delegates to one designated member to pre-approve such audit and non-audit services. Pre-approval by a designated member should be reported to the audit committee at its upcoming meeting.

Years ended December 31,
2018
2019
NT$
NT$
US$
(in thousands)
Audit Fees (1)
52,794
62,040
2,074
Audit-related Fees (2)
1,283
1,095
37
Tax Fees (3)
4,304
3,943
132
Total
58,381
67,078
2,243


Question: Analyse this data from a financial earnings document. What is the average Audit-related Fees?
Choices:
1
1189
-793
94
-2378
Correct choice index: 1
stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc .
( acquired by the company in march 2018 ) , time warner , inc .
( acquired by at&t inc .
in june 2018 ) , twenty-first century fox , inc .
class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc .
class b common stock and the walt disney company .
the graph assumes $ 100 originally invested on december 31 , 2013 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2014 , 2015 , 2016 , 2017 and 2018 .
two peer companies , scripps networks interactive , inc .
and time warner , inc. , were acquired in 2018 .
the stock performance chart shows the peer group including scripps networks interactive , inc .
and time warner , inc .
and excluding both acquired companies for the entire five year period .
december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .

December 31,2013
December 31,2014
December 31,2015
December 31,2016
December 31,2017
December 31,2018
DISCA
$100.00
$74.58
$57.76
$59.34
$48.45
$53.56
DISCB
$100.00
$80.56
$58.82
$63.44
$53.97
$72.90
DISCK
$100.00
$80.42
$60.15
$63.87
$50.49
$55.04
S&P 500
$100.00
$111.39
$110.58
$121.13
$144.65
$135.63
Peer Group incl. Acquired Companies
$100.00
$116.64
$114.02
$127.96
$132.23
$105.80
Peer Group ex. Acquired Companies
$100.00
$113.23
$117.27
$120.58
$127.90
$141.58

equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2019 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .

Question: Analyse this data from a financial earnings document. what was the percentage cumulative total shareholder return on disca for the five year period ended december 31 , 2018?
Choices:
-0.4644
-46.44
0.3356
0.4644
1
Correct choice index: 0
The activity for unrecognized gross tax benefits is as follows (in millions):
Included in the December 31, 2019 balance of $130.0 million is $97.2 million related to unrecognized tax benefits that, if recognized, would impact the annual effective tax rate. Also included in the balance of unrecognized tax benefits as of December 31, 2019 is $32.8 million of benefit that, if recognized, would result in adjustments to other tax accounts, primarily deferred taxes.
Although the Company cannot predict the timing of resolution with taxing authorities, if any, the Company believes it is reasonably possible that its unrecognized tax benefits will be reduced by $1.5 million in the next 12 months due to settlement with tax authorities or expiration of the applicable statute of limitations. The Company did not recognize any additional tax benefit or expense for interest and penalties during the year ended December 31, 2019.
The Company recognized approximately $0.8 million of tax benefit and $1.5 million of tax expense for interest and penalties during the years ended December 31, 2018 and 2017, respectively. The Company had approximately $5.1 million, $5.1 million, and $5.9 million of accrued interest and penalties at December 31, 2019, 2018, and 2017, respectively. The Company recognizes interest and penalties accrued in relation to unrecognized tax benefits in tax expense.
Tax years prior to 2016 are generally not subject to examination by the IRS except for items involving tax attributes that have been carried forward to tax years whose statute of limitations remains open. The Company is not currently under IRS examination. For state returns, the Company is generally not subject to income tax examinations for years prior to 2015.
The Company is also subject to routine examinations by various foreign tax jurisdictions in which it operates. With respect to jurisdictions outside the United States, the Company's subsidiaries are generally no longer subject to income tax audits for years prior to 2009. The Company is currently under audit in the following jurisdictions including, but not limited to, Canada, China, the Czech Republic, the Philippines, Singapore and the United Kingdom.

2019
2018
2017
Balance at beginning of year
$112.2
$114.8
$136.7
Acquired balances
15.5
—
—
Additions for tax benefits related to the current year
9.4
7.4
23.6
Additions for tax benefits of prior years
8.0
2.8
4.7
Reductions for tax benefits of prior years
(0.2)
(1.9)
(1.6)
Lapse of statute
(8.2)
(10.9)
(16.3)
Settlements
(6.7)
—
(4.9)
Change in rate due to U.S. Tax Reform
—
—
(27.4)
Balance at end of year
$130.0
$112.2
$114.8


Question: Analyse this data from a financial earnings document. What is the change in Additions for tax benefits related to the current year from December 31, 2018 to 2019?
Choices:
2
4
7
1
70
Correct choice index: 0
Stock options
The following tables summarize our stock option activities and related information:
(1) The aggregate intrinsic value represents the excess of the closing price of our common stock of $6.87 as of December 31, 2019 over theexercise price of the outstanding in-the-money options.

Number of Shares (thousands)
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Term (years)
Aggregate Intrinsic Value(1) (thousands)
Outstanding as of December 31, 2018
4,674
$5.19
Granted
—
$ —
Exercised
(842)
$2.84
Canceled
(130)
$9.41
Outstanding as of December 31, 2019
3,702
$5.57
3.52
$6,395
Vested and exercisable as of December 31, 2019
3,427
$5.49
3.56
$6,210


Question: Analyse this data from a financial earnings document. What is the difference in outstanding shares as of December 31, 2018 and 2019?
Choices:
3598344
972
17303148
-972
0
Correct choice index: 1
Fiscal 2018 Restructuring Plan
During Fiscal 2018 and in the context of our acquisitions of Covisint, Guidance and Hightail (each defined below), we began to implement restructuring activities to streamline our operations (collectively referred to as the Fiscal 2018 Restructuring Plan). The Fiscal 2018 Restructuring Plan charges relate to workforce reductions and facility consolidations. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.
Since the inception of the plan, approximately $10.7 million has been recorded within "Special charges (recoveries)" to date. We do not expect to incur any further significant charges relating to this plan.
A reconciliation of the beginning and ending liability for the year ended June 30, 2019 and 2018 is shown below.

Fiscal 2018 Restructuring Plan
Workforce reduction
Facility costs
Total
Balance payable as at June 30, 2017
$—
$—
$—
Accruals and adjustments
8,511
1,643
10,154
Cash payments
(8,845)
(489)
(9,334)
Foreign exchange and other non-cash adjustments
892
11
903
Balance payable as at June 30, 2018
$558
$1,165
$1,723
Accruals and adjustments
(20)
535
515
Cash payments
(337)
(928)
(1,265)
Foreign exchange and other non-cash adjustments
(51)
(286)
(337)
Balance payable as at June 30, 2019
$150
$486
$636


Question: Analyse this data from a financial earnings document. For Balance payable as at June 30, 2019, What is the difference between Workforce reduction and Facility costs?
Choices:
-486
0
72900
-336
487
Correct choice index: 3
5. Earnings per Common Share
The calculations of basic and diluted earnings per common share for the years ended June 30, 2019, 2018 and 2017 were as follows:

Years Ended June 30,
(in millions, except per share data)
2019
2018
2017
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of basic earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Basic earnings per common share
$3.46
$3.96
$0.99
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of diluted earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Effect of shares issuable under share-based compensation plans
0.4
0.4
0.1
Weighted average number of common shares outstanding, diluted
48.1
47.6
47.1
Diluted earnings per common share
$3.43
$3.92
$0.99


Question: Analyse this data from a financial earnings document. What was the change in Weighted average number of common shares outstanding, basic in 2019 from 2018?
Choices:
2251.4
-0.2
0.5
17.7
-0.5
Correct choice index: 2
Deferred Revenue and Customer Liabilities
Deferred revenue and customer liabilities consisted of the following (in thousands):
The Company expects to recognize the majority of its deferred revenue as of December 31, 2019 over the next 180 days. Revenues of $3.7 million were recognized during the year ended December 31, 2019 from amounts included in deferred revenue at December 31, 2018. Revenues of $4.4 million were recognized during the year ended December 31, 2018 from amounts included in deferred revenue at January 1, 2018.
The Company expects to recognize the majority of the customer arrangements with termination rights into revenue as the Company has not historically experienced a high rate of contract terminations.
Estimated refund liabilities are generally resolved in 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.

December 31,
2019
2018
Deferred revenue
$3,012
$3,655
Customer arrangements with termination rights
15,024
16,404
Estimated refund liabilities
8,585
10,117
$26,621
$30,176


Question: Analyse this data from a financial earnings document. What was the change in deferred revenue in 2019 from 2018?
Choices:
-643
11369
-3651
643
3008
Correct choice index: 0