trismik/FinRAG huggingface dataset:
Underlying operating profit and underlying operating margin
Underlying operating profit and underlying operating margin mean operating profit and operating margin before the impact of non-underlying items within operating profit. Underlying operating profit represents our measure of segment profit or loss as it is the primary measure used for making decisions about allocating resources and assessing performance of the segments.
The Group reconciliation of operating profit to underlying operating profit is as follows:
Further details of non-underlying items can be found in note 3 on page 96 of the consolidated financial statements.
Refer to Note 2 on page 94 for the reconciliation of operating profit to underlying operating profit by Division. For each Division operating margin is computed as operating profit divided by turnover and underlying operating margin is computed as underlying operating profit divided by turnover.

€ million
€ million
€ million
2019
2018
2017
(Restated)(a)
(Restated)(a)
Operating profit
8,708
12,639
8,957
Non-underlying items within
operating profit (see note 3)
1,239
(3,176)
543
Underlying operating profit
9,947
9,463
9,500
Turnover
51,980
50,982
53,715
Operating margin
16.8%
24.8%
16.7%
Underlying operating margin
19.1%
18.6%
17.7%


Question: Analyse this data from a financial earnings document. What is the average turnover?
Choices:
52225.67
16415.67
156677
37487.33
0
Correct choice index: 0
Note 10. Prepaid Expenses
Prepaid expenses consisted of the following (in thousands):

December 31,
2019
2018
Prepaid maintenance
$6,218
$5,888
Prepaid insurance
5,321
4,500
Prepaid software
4,236
3,499
Prepaid rent
421
3,471
Prepaid other
4,672
6,396
$20,868
$23,754


Question: Analyse this data from a financial earnings document. What was the change in prepaid insurance in 2019 from 2018?
Choices:
9821
-15547
821
649
-4500
Correct choice index: 2
29. Share-based payments continued
Share Incentive Plan
In 2015, the Group established a Share Incentive Plan (‘SIP’). All eligible employees were awarded free shares (or nil-cost options in the case of employees in Ireland) valued at £3,600 each based on the share price at the time of the Company’s admission to the Stock Exchange in March 2015, subject to a three-year service period (‘Vesting Period’). The SIP shareholders are entitled to dividends over the Vesting Period. There are no performance conditions applicable to the vesting of SIP shares. The fair value of the SIP awards at the grant date was measured to be £2.72 using the Black-Scholes model. The resulting share-based payments charge is being spread evenly over the Vesting Period.

Group
Company
2019
2018
2019
2018
£m
£m
£m
£m
Share Incentive Plan (‘SIP’)
–
0.8
–
–
Sharesave scheme (‘SAYE’)
0.3
0.3
–
–
Performance Share Plan (‘PSP’)
2.1
1.8
1.3
0.7
Deferred Annual Bonus and Single Incentive Plan
2.3
0.4
0.4
0.2
Total share-based payment charge
4.7
3.3
1.7
0.9
NI and apprenticeship levy on applicable schemes
1.2
0.4
0.6
0.1
Total charge
5.9
3.7
2.3
1.0


Question: Analyse this data from a financial earnings document. What was the change in PSP payments for the Group in 2019 from 2018?
Choices:
0.5
0.4
300
0.3
-1.5
Correct choice index: 3
stock performance graph the following performance graph compares the cumulative total return ( including dividends ) to the holders of our common stock from december 31 , 2002 through december 31 , 2007 , with the cumulative total returns of the nyse composite index , the ftse nareit composite reit index ( the 201call reit index 201d ) , the ftse nareit healthcare equity reit index ( the 201chealthcare reit index 201d ) and the russell 1000 index over the same period .
the comparison assumes $ 100 was invested on december 31 , 2002 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends , as applicable .
we have included the nyse composite index in the performance graph because our common stock is listed on the nyse .
we have included the other indices because we believe that they are either most representative of the industry in which we compete , or otherwise provide a fair basis for comparison with ventas , and are therefore particularly relevant to an assessment of our performance .
the figures in the table below are rounded to the nearest dollar. .

12/31/2002
12/31/2003
12/31/2004
12/31/2005
12/31/2006
12/31/2007
Ventas
$100
$206
$270
$331
$457
$512
NYSE Composite Index
$100
$132
$151
$166
$200
$217
All REIT Index
$100
$138
$181
$196
$262
$215
Healthcare REIT Index
$100
$154
$186
$189
$273
$279
Russell 1000 Index
$100
$130
$145
$154
$178
$188

ventas nyse composite index all reit index healthcare reit index russell 1000 index .

Question: Analyse this data from a financial earnings document. what was the growth rate of the ventas stock as of 12/31/2003
Choices:
1.06
0.51
-0.88
0.82
1
Correct choice index: 0
the fair value measurements of the borrowings under our credit agreement and receivables facility are classified as level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market , including interest rates on recent financing transactions with similar terms and maturities .
we estimated the fair value by calculating the upfront cash payment a market participant would require at december 31 , 2016 to assume these obligations .
the fair value of our notes is classified as level 1 within the fair value hierarchy since it is determined based upon observable market inputs including quoted market prices in an active market .
the fair value of our euro notes is determined based upon observable market inputs including quoted market prices in a market that is not active , and therefore is classified as level 2 within the fair value hierarchy .
note 12 .
commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment .
the future minimum lease commitments under these leases at december 31 , 2016 are as follows ( in thousands ) : years ending december 31: .

2017
$200,450
2018
168,926
2019
136,462
2020
110,063
2021
82,494
Thereafter
486,199
Future Minimum Lease Payments
$1,184,594

rental expense for operating leases was approximately $ 211.5 million , $ 168.4 million and $ 148.5 million during the years ended december 31 , 2016 , 2015 and 2014 , respectively .
we guarantee the residual values of the majority of our truck and equipment operating leases .
the residual values decline over the lease terms to a defined percentage of original cost .
in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall .
similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value .
had we terminated all of our operating leases subject to these guarantees at december 31 , 2016 , our portion of the guaranteed residual value would have totaled approximately $ 59.0 million .
we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value .
litigation and related contingencies we have certain contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business .
we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. .

Question: Analyse this data from a financial earnings document. what was the percentage change in rental expense for operating leases from 2014 to 2015?
Choices:
19.9
-0.13401
0.13401
168.4
134.00673
Correct choice index: 2
Sales and Marketing Expense
Sales and marketing expense increased by $22.6 million in 2018 compared to 2017. The increase was primarily due to a $20.0 million increase in employee- related costs, which includes stock-based compensation, associated with our increased headcount from 215 employees as of December 31, 2017 to 286 employees as of December 31, 2018. The remaining increase was principally the result of a $1.8 million increase in trade show and advertising costs and a $0.8 million increase attributed to office related expenses to support the sales team. The adoption of ASC 606 did not have a material impact on the change in commission expense when compared to year over year.

Year Ended December 31,
Change
2018
2017
$
%
(dollars in thousands)
Sales and marketing
$ 69,608
$ 46,998
$ 22,610
48.1%
% of revenue
47%
45%


Question: Analyse this data from a financial earnings document. What is the change in the gross margin between 2017 and 2018?
Choices:
0
-25
2
-22
1
Correct choice index: 2
19. Inventories
Note
1. Finished goods in 2018 includes $1.8 million relating to deferred costs which has been reclassified from trade and other receivables; see note 2 for further details.
An expense of $1.6 million (2018 $0.1 million) has been charged to the income statement in the year for inventory write-downs. There were no reversals of prior period inventory write-downs (2018 nil).
No inventories are carried at fair value less costs to sell (2018 nil).

2019
2018
$ million
$ million
Raw materials
4.8
6.6
Work in progress
1.2
1.2
Finished goods¹
14.6
19.7
20.6
27.5


Question: Analyse this data from a financial earnings document. What was the change in total inventories?
Choices:
48.1
-6.9
-0.4
0
-7.8
Correct choice index: 1
NOTE 4 - PREPAID EXPENSES AND OTHER CURRENT ASSETS & PATENTS AND INTANGIBLE ASSETS
Prepaid Expenses and Other Current Assets
The components of prepaid expenses and other current assets are as presented below:
During 2019, tax refunds from the Internal Revenue Service of $5.0 million were received for the prepayment made during 2018.

As of December 31,
2019
2018
(in thousands)
Prepaid income taxes
$—
$5,429
Other prepaid expenses and other current assets
288
1,151
$288
$6,580


Question: Analyse this data from a financial earnings document. What is the average value of total paid expenses and other current assets in 2018 and 2019?
Choices:
6868
3434
0
1
-3146
Correct choice index: 1
The following table presents the contractual maturities of our debt investments as of April 26, 2019 (in millions):
Actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations.

Amortized Cost
Fair Value
Due in one year or less
$ 591
$ 589
Due after one year through five years
644
642
Due after five years through ten years
455
452
$ 1,690
$ 1,683


Question: Analyse this data from a financial earnings document. What was the amortized cost that was due in one year or less as a ratio of the fair value for the same period?
Choices:
-1
641
0
1
348099
Correct choice index: 3
Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions):
(1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses.
(2) Since certain of our games are hosted online or include significant online functionality that represents a separate performance obligation, we defer the transaction price allocable to the online functionality from the sale of these games and then recognize the attributable revenues over the relevant estimated service periods, which are generally less than a year. The related cost of revenues is deferred and recognized as an expense as the related revenues are recognized. This table reflects the net effect from the deferrals of revenues and recognition of deferred revenues, along with the related cost of revenues, on certain of our online enabled products.
(3) Intersegment revenues reflect licensing and service fees charged between segments.
(4) Reflects restructuring initiatives, which include severance and other restructuring-related costs.
(5) Reflects the impact of other unusual or unique tax‑related items and activities.

For the Years Ended December 31,
2019
2018
Reconciliation to consolidated net revenues:
Segment net revenues
$5,969
$6,835
Revenues from non-reportable segments (1)
462
480
Net effect from recognition (deferral) of deferred net revenues (2)
101
238
Elimination of intersegment revenues (3)
(43)
(53)
Consolidated net revenues
$6,489
$7,500
Reconciliation to consolidated income before income tax expense:
Segment operating income
$2,054
$2,446
Operating income (loss) from non-reportable segments (1)
24
31
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2)
52
100
Share-based compensation expense
(166)
(209)
Amortization of intangible assets
(203)
(370)
Restructuring and related costs (4)
(137)
(10)
Discrete tax-related items (5)
(17)
—
Consolidated operating income
1,607
1,988
Interest and other expense (income), net
(26)
71
Loss on extinguishment of debt
—
40
Consolidated income before income tax expense
$1,633
$1,877


Question: Analyse this data from a financial earnings document. What is the change in revenues from non-reportable segments between 2018 and 2019?
Choices:
-18000000
-18
467
18
-5507
Correct choice index: 1
The Group made an operating profit of $60.9 million in the year and adjusted operating profit increased by $50.7 million to $109.0 million, primarily as a result of strong revenue growth. This year's result benefited from a foreign exchange gain of $1.5 million, compared to a foreign exchange loss of $6.9 million in the prior-year.
The Group’s profit before taxation increased by $94.6 million to $53.6 million, from a loss of $41.0 million in the prior-year, primarily as a consequence of the $80.6 million improvement in operating profit supported by a $13.4 million reduction in finance expenses. Finance expenses benefited from foreign exchange gains in the current year resulting from the strengthening of both sterling and the euro against the US dollar, compared to foreign exchange losses in the prior-year.
The Group’s profit for the year increased by $87.8 million to $26.9 million in the year-ended 31 March 2019, which given only a small increase in the year-on-year income tax charge was primarily attributable to the improvement in the profit before taxation.
Cash flow from operating activities remained strong at $142.9 million, reduced by $4.8 million from $147.7 million in the prior-year. The small overall decrease was due to an increase in overheads, partially offset by a reduction in the cashflow outflow on exceptional items and an improved use of working capital. Unlevered free cashflow decreased by $15.8 million to $123.8 million representing the reduction in net cash flow from operating activities adjusted for the cashflow impact of exceptional items.
The table below presents the Group’s financial highlights on a reported basis:
1 Restated for the adoption of IFRS 15 and change in accounting policy in respect of research and development expenditure tax credit scheme and provision for interest on uncertain tax positions, as explained in note 2 of the Financial Statements
2 Definitions and reconciliations of non-GAAP measures are included in note 5 of the Financial Statements

FY19
FY18
Change
$M
$M
%
Statutory measures
Revenue
710.6
639.0
11.2
Profit / (Loss) before taxation
53.6
(41.0)
nm
Net cash flow from operating activities
142.9
147.7
(3.2)
Alternative performance measures2
Billings
760.3
768.6
(1.1)
Cash EBITDA
167.9
199.2
(15.7)
Adjusted operating profit
109.0
58.3
87.0
Unlevered free cash flow
123.8
139.6
(11.3)


Question: Analyse this data from a financial earnings document. What was the change in Revenue in 2019 from 2018?
Choices:
-71.6
705.6
709.1
0
71.6
Correct choice index: 4
Net Income (Loss) per Common Share
Basic net income per share is based on the weighted average common and Class A shares outstanding. Diluted net income per share includes any dilutive effects of stock options outstanding and unvested restricted shares.
Basic net income per share was calculated by dividing net income by the weighted-average number of common and Class A shares outstanding during the period. Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of stock options and unvested restricted shares. Due to the net loss in the year ended June 3, 2017 restricted shares in the amount of 131,292 were excluded from the calculation of diluted earnings per share because their inclusion would have been
antidilutive. The computations of basic net income per share and diluted net income per share are as follows (in thousands):

June 1, 2019
June 2, 2018
June 3, 2017
Net income (loss) attributable to Cal-Maine Foods, Inc.
$54,229
$125,932
$(74,278)
Basic weighted-average common shares (including Class A)
48,467
48,353
48,362
Effect of dilutive securities:
Common stock options and restricted stock
122
115
—
Dilutive potential common shares
48,589
48,468
48,362
Net income (loss) per common share:
Basic
$1.12
$2.60
$(1.54)
Diluted
$1.12
$2.60
$(1.54)


Question: Analyse this data from a financial earnings document. What is the average of the last 3 years basic net income per common share?
Choices:
0.24
0.73
3.72
1.75
0
Correct choice index: 1
MEDIA FINANCIAL RESULTS
REVENUE
Media revenue is earned from:
• advertising sales across its television, radio, and digital media properties; • subscriptions to televised and OTT products; • ticket sales, fund redistribution and other distributions from MLB, and concession sales; and • retail product sales.
The 4% decrease in revenue this year was a result of: • the sale of our publishing business in the second quarter of 2019; and • lower revenue at the Toronto Blue Jays, primarily as a result of a distribution from Major League Baseball in 2018; partially offset by • higher revenue generated by Sportsnet and TSC. Excluding the sale of our publishing business and the impact of the distribution from Major League Baseball last year, Media revenue would have increased by 1% this year.
OPERATING EXPENSES
We record Media operating expenses in four primary categories:
• the cost of broadcast content, including sports programming
and production;
• Toronto Blue Jays player compensation;
• the cost of retail products sold; and
• all other expenses involved in day-to-day operations.
The 2% decrease in operating expenses this year was a result of:
• lower Toronto Blue Jays player compensation; and
• lower publishing-related costs due to the sale of this business;
partially offset by
• higher programming costs; and
• higher cost of sales as a result of higher revenue at TSC.
ADJUSTED EBITDA
The 29% decrease in adjusted EBITDA this year was a result of the
revenue and expense changes described above. Excluding the
impact of the sale of our publishing business in the second quarter
of 2019 and the distribution from Major League Baseball last year,
adjusted EBITDA would have increased by 1% this year.

Years ended December 31
(In millions of dollars, except margins)
2019
2018
%Chg
Revenue
2,072
2,168
(4)
Operating expenses
1,932
1,972
(2)
Adjusted EBITDA
140
196
(29)
Adjusted EBITDA margin
6.8%
9.0%
(2.2pts)
Capital expenditures
102
90
13


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in revenue from 2018 to 2019?
Choices:
4492096
-96
4240
96
1976
Correct choice index: 1
( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options .
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .
the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average .
the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock .
comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport .

12/31/04
12/31/05
12/31/06
12/31/07
12/31/08
12/31/09
United Parcel Service, Inc.
$100.00
$89.49
$91.06
$87.88
$70.48
$75.95
S&P 500 Index
$100.00
$104.91
$121.48
$128.15
$80.74
$102.11
Dow Jones Transportation Average
$100.00
$111.65
$122.61
$124.35
$97.72
$115.88

.

Question: Analyse this data from a financial earnings document. what is the roi of an investment in ups in 2004 and sold in 2006?
Choices:
-0.0894
0.0894
-0.0982
-0.0179
4
Correct choice index: 0
During the year ended December 31, 2019, the Company completed a reorganization of certain of its foreign subsidiaries that resulted in the derecognition of the related deferred tax assets for net operating losses which were subject to a valuation allowance. As a result, the Company reduced both its net operating loss deferred tax assets and valuation allowance by approximately $19.7 million.
The Company accrued $2.7 million as of both December 31, 2019 and 2018, excluding penalties and interest, for the liability for unrecognized tax benefits, which was included in “Long-term income tax liabilities” in the accompanying Consolidated Balance Sheets. Had the Company recognized these tax benefits, approximately $2.7 million, along with the related interest and penalties, would have favorably impacted the effective tax rate in both 2019 and 2018. The Company does not anticipate that any of the unrecognized tax benefits will be recognized in the next twelve months.
The Company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes. The Company had $1.1 million and $0.6 million accrued for interest and penalties as of December 31, 2019 and 2018, respectively. Of the accrued interest and penalties at December 31, 2019 and 2018, $0.6 million and $0.4 million, respectively, relate to statutory penalties. The amount of interest and penalties, net, included in the provision for income taxes in the accompanying Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017 was $0.4 million, $0.7 million and $(9.5) million, respectively.
The tabular reconciliation of the amounts of unrecognized net tax benefits is presented below (in thousands):

Years Ended December 31,
2019
2018
2017
Balance at the beginning of the period
$2,720
$1,342
$8,531
Current period tax position increases
—
2,950
—
Decreases from settlements with tax authorities
—
(191)
(10,865)
Decreases due to lapse in applicable statute of limitations
—
(1,310)
(466)
Foreign currency translation increases (decreases)
(9)
(71)
4,142
Balance at the end of the period
$2,711
$2,720
$1,342


Question: Analyse this data from a financial earnings document. What was the change in the Balance at the end of the period in 2019 from 2018?
Choices:
2710
-9
5431
-2729
7373920
Correct choice index: 1