whpthomas/finqa-parquet huggingface dataset:
the increase in interest expense during the year ended december 31 , 2009 versus 2008 is primarily due to the additional debt we assumed as a result of the allied acquisition . interest expense also increased as a result of accreting discounts applied to debt or imputing interest on environmental and risk reserves assumed from allied . the debt we assumed from allied was recorded at fair value as of december 5 , 2008 . we recorded a discount of $ 624.3 million , which is amortized as interest expense over the applicable terms of the related debt instruments or written-off upon refinancing . the remaining unamortized discounts on the outstanding debt assumed from allied as of december 31 , 2010 are as follows ( in millions ) : remaining discount expected amortization over the next twelve months .
what was the ratio of the remaining discount of the notes due in 2017 to 2016
loss on extinguishment of debt loss on early extinguishment of debt was $ 160.8 million for the year ended december 31 , 2010 , resulting from the following : 2022 during 2010 , we refinanced $ 677.4 million and repaid $ 97.8 million of our tax-exempt financings resulting in a loss on extinguishment of debt of $ 28.5 million related to charges for unamortized debt discounts and professional fees paid to effectuate these transactions . 2022 in march 2010 , we issued $ 850.0 million of 5.000% ( 5.000 % ) senior notes due 2020 and $ 650.0 million of 6.200% ( 6.200 % ) senior notes due 2040 . we used the net proceeds from these senior notes as follows : ( i ) $ 433.7 million to redeem the 6.125% ( 6.125 % ) senior notes due 2014 at a premium of 102.042% ( 102.042 % ) ( $ 425.0 million principal outstanding ) ; ( ii ) $ 621.8 million to redeem the 7.250% ( 7.250 % ) senior notes due 2015 at a premium of 103.625% ( 103.625 % ) ( $ 600.0 million principal outstanding ) ; and ( iii ) the remainder to reduce amounts outstanding under our credit facilities and for general corporate purposes . we incurred a loss of $ 132.1 million for premiums paid to repurchase debt , to write-off unamortized debt discounts and for professional fees paid to effectuate the repurchase of the senior notes . 2022 additionally in march 2010 , we repaid all borrowings and terminated our accounts receivable securitization program with two financial institutions that allowed us to borrow up to $ 300.0 million on a revolving basis under loan agreements secured by receivables . we recorded a loss on extinguish- ment of debt of $ 0.2 million related to the charges for unamortized deferred issuance costs associated with this program . loss on early extinguishment of debt was $ 134.1 million for the year ended december 31 , 2009 , resulting from the following : 2022 in september 2009 , we issued $ 650.0 million of 5.500% ( 5.500 % ) senior notes due 2019 with an unamortized discount of $ 4.5 million at december 31 , 2009 . a portion of the net proceeds from these notes was used to purchase and retire $ 325.5 million of our outstanding senior notes maturing in 2010 and 2011. .
2022 base rate increases at entergy texas beginning may 2011 as a result of the settlement of the december 2009 rate case and effective july 2012 as a result of the puct 2019s order in the december 2011 rate case . see note 2 to the financial statements for further discussion of the rate cases . these increases were partially offset by formula rate plan decreases at entergy new orleans effective october 2011 and at entergy gulf states louisiana effective september 2012 . see note 2 to the financial statements for further discussion of the formula rate plan decreases . the grand gulf recovery variance is primarily due to increased recovery of higher costs resulting from the grand gulf uprate . the net wholesale revenue variance is primarily due to decreased sales volume to municipal and co-op customers and lower prices . the purchased power capacity variance is primarily due to price increases for ongoing purchased power capacity and additional capacity purchases . the volume/weather variance is primarily due to decreased electricity usage , including the effect of milder weather as compared to the prior period on residential and commercial sales . hurricane isaac , which hit the utility 2019s service area in august 2012 , also contributed to the decrease in electricity usage . billed electricity usage decreased a total of 1684 gwh , or 2% ( 2 % ) , across all customer classes . the louisiana act 55 financing savings obligation variance results from a regulatory charge recorded in 2012 because entergy gulf states louisiana and entergy louisiana agreed to share the savings from an irs settlement related to the uncertain tax position regarding the hurricane katrina and hurricane rita louisiana act 55 financing with customers . see note 3 to the financial statements for additional discussion of the tax settlement . entergy wholesale commodities following is an analysis of the change in net revenue comparing 2012 to 2011 . amount ( in millions ) .
what is the growth rate in net revenue for entergy wholesale commodities in 2012?
as shown in the table above , net revenue for entergy wholesale commodities decreased by $ 191 million , or 9% ( 9 % ) , in 2012 compared to 2011 primarily due to lower pricing in its contracts to sell power and lower volume in its nuclear fleet resulting from more unplanned and refueling outage days in 2012 as compared to 2011 which was partially offset by the exercise of resupply options provided for in purchase power agreements whereby entergy wholesale commodities may elect to supply power from another source when the plant is not running . amounts related to the exercise of resupply options are included in the gwh billed in the table below . partially offsetting the lower net revenue from the nuclear fleet was higher net revenue from the rhode island state energy center , which was acquired in december 2011 . entergy corporation and subsidiaries management's financial discussion and analysis .
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 sec , 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 standard & poor 2019s 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 , 2007 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .
what is the roi of an investment in s&p500 from 2008 to 2009?
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what is the percentage change in the impact of euro from 2011 to 2012?
the impact on earnings of the foregoing assumed 10% ( 10 % ) change in each of the periods presented would not have been significant . revenue included $ 100.8 million and operating income included $ 9.0 million of unfavorable foreign currency impact during 2012 resulting from a stronger u.s . dollar during 2012 compared to 2011 . our foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations . our international operations' revenues and expenses are generally denominated in local currency , which limits the economic exposure to foreign exchange risk in those jurisdictions . we do not enter into foreign currency derivative instruments for trading purposes . we have entered into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans . as of december 31 , 2012 , the notional amount of these derivatives was approximately $ 115.6 million and the fair value was nominal . these derivatives are intended to hedge the foreign exchange risks related to intercompany loans , but have not been designated as hedges for accounting purposes. .
the company had capital loss carryforwards for federal income tax purposes of $ 4357 at december 31 , 2012 and 2011 , respectively . the company has recognized a full valuation allowance for the capital loss carryforwards because the company does not believe these losses are more likely than not to be recovered . the company files income tax returns in the united states federal jurisdiction and various state and foreign jurisdictions . with few exceptions , the company is no longer subject to u.s . federal , state or local or non-u.s income tax examinations by tax authorities for years before 2007 . the company has state income tax examinations in progress and does not expect material adjustments to result . the patient protection and affordable care act ( the 201cppaca 201d ) became law on march 23 , 2010 , and the health care and education reconciliation act of 2010 became law on march 30 , 2010 , which makes various amendments to certain aspects of the ppaca ( together , the 201cacts 201d ) . the ppaca effectively changes the tax treatment of federal subsidies paid to sponsors of retiree health benefit plans that provide a benefit that is at least actuarially equivalent to the benefits under medicare part d . the acts effectively make the subsidy payments taxable in tax years beginning after december 31 , 2012 and as a result , the company followed its original accounting for the underfunded status of the other postretirement benefits for the medicare part d adjustment and recorded a reduction in deferred tax assets and an increase in its regulatory assets amounting to $ 6432 . the following table summarizes the changes in the company 2019s gross liability , excluding interest and penalties , for unrecognized tax benefits: .
what was total liability reflected as other long-term liabilities in the accompanying consolidated balance sheets for december 31 , 2012 and 2011 in millions?
the liability balance includes amounts reflected as other long-term liabilities in the accompanying consolidated balance sheets totaling $ 74360 and $ 46961 as of december 31 , 2012 and 2011 , respectively . the total balance in the table above does not include interest and penalties of $ 260 and $ 214 as of december 31 , 2012 and 2011 , respectively , which is recorded as a component of income tax expense . the majority of the increased tax position is attributable to temporary differences . the increase in 2012 current period tax positions related primarily to the company 2019s change in tax accounting method filed in 2008 for repair and maintenance costs on its utility assets . the company does not anticipate material changes to its unrecognized tax benefits within the next year . if the company sustains all of its positions at december 31 , 2012 and 2011 , an unrecognized tax benefit of $ 7532 and $ 6644 , respectively , excluding interest and penalties , would impact the company 2019s effective tax rate. .
stock performance graph the graph depicted below shows a comparison of our cumulative total stockholder returns for our common stock , the nasdaq stock market index , and the nasdaq pharmaceutical index , from the date of our initial public offering on july 27 , 2000 through december 26 , 2003 . the graph assumes that $ 100 was invested on july 27 , 2000 , in our common stock and in each index , and that all dividends were reinvested . no cash dividends have been declared on our common stock . stockholder returns over the indicated period should not be considered indicative of future stockholder returns . comparison of total return among illumina , inc. , the nasdaq composite index and the nasdaq pharmaceutical index december 26 , 2003december 27 , 2002december 28 , 2001december 29 , 2000july 27 , 2000 illumina , inc . nasdaq composite index nasdaq pharmaceutical index july 27 , december 29 , december 28 , december 27 , december 26 , 2000 2000 2001 2002 2003 .
at december 292000 what was the ratio of the nasdaq composite index to the nasdaq pharmaceutical index
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note 5 loans , commitments to extend credit and concentrations of credit risk loans outstanding were as follows: .
at december 31 , 2007 , what percentage of the $ 14.4 billion of home equity loans ( included in 201cconsumer 201d in the table above ) had a loan-to-value ratio greater than 90%.?
concentrations of credit risk exist when changes in economic , industry or geographic factors similarly affect groups of counterparties whose aggregate exposure is material in relation to our total credit exposure . loans outstanding and related unfunded commitments are concentrated in our primary geographic markets . at december 31 , 2007 , no specific industry concentration exceeded 5% ( 5 % ) of total commercial loans outstanding and unfunded commitments . in the normal course of business , we originate or purchase loan products whose contractual features , when concentrated , may increase our exposure as a holder and servicer of those loan products . possible product terms and features that may create a concentration of credit risk would include loan products whose terms permit negative amortization , a high loan-to-value ratio , features that may expose the borrower to future increases in repayments above increases in market interest rates , below-market interest rates and interest-only loans , among others . we originate interest-only loans to commercial borrowers . these products are standard in the financial services industry and the features of these products are considered during the underwriting process to mitigate the increased risk of this product feature that may result in borrowers not being able to make interest and principal payments when due . we do not believe that these product features create a concentration of credit risk . we also originate home equity loans and lines of credit that result in a credit concentration of high loan-to-value ratio loan products at the time of origination . in addition , these loans are concentrated in our primary geographic markets as discussed above . at december 31 , 2007 , $ 2.7 billion of the $ 14.4 billion of home equity loans ( included in 201cconsumer 201d in the table above ) had a loan-to-value ratio greater than 90% ( 90 % ) . these loans are collateralized primarily by 1-4 family residential properties . as part of our asset and liability management activities , we also periodically purchase residential mortgage loans that are collateralized by 1-4 family residential properties . at december 31 , 2007 , $ 3.0 billion of the $ 9.6 billion of residential mortgage loans were interest- only loans . we realized net gains from sales of commercial mortgages of $ 39 million in 2007 , $ 55 million in 2006 and $ 61 million in 2005 . gains on sales of education loans totaled $ 24 million in 2007 , $ 33 million in 2006 and $ 19 million in 2005 . loans held for sale are reported separately on the consolidated balance sheet and are not included in the table above . interest income from total loans held for sale was $ 184 million for 2007 , $ 157 million for 2006 and $ 104 million for 2005 and is included in other interest income in our consolidated income statement. .
republic services , inc . notes to consolidated financial statements 2014 ( continued ) employee stock purchase plan republic employees are eligible to participate in an employee stock purchase plan . the plan allows participants to purchase our common stock for 95% ( 95 % ) of its quoted market price on the last day of each calendar quarter . for the years ended december 31 , 2016 , 2015 and 2014 , issuances under this plan totaled 130085 shares , 141055 shares and 139941 shares , respectively . as of december 31 , 2016 , shares reserved for issuance to employees under this plan totaled 0.5 million and republic held employee contributions of approximately $ 1.5 million for the purchase of common stock . 12 . stock repurchases and dividends stock repurchases stock repurchase activity during the years ended december 31 , 2016 and 2015 follows ( in millions except per share amounts ) : .
as of december 31 , 2016 what was the percent of the outstanding authorized purchase capacity of the the october 2015 plan
as of december 31 , 2016 , there were no repurchased shares pending settlement . in october 2015 , our board of directors added $ 900.0 million to the existing share repurchase authorization , which now extends through december 31 , 2017 . share repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable federal securities laws . while the board of directors has approved the program , the timing of any purchases , the prices and the number of shares of common stock to be purchased will be determined by our management , at its discretion , and will depend upon market conditions and other factors . the share repurchase program may be extended , suspended or discontinued at any time . as of december 31 , 2016 , the october 2015 repurchase program had remaining authorized purchase capacity of $ 451.7 million . in december 2015 , our board of directors changed the status of 71272964 treasury shares to authorized and unissued . in doing so , the number of our issued shares was reduced by the stated amount . our accounting policy is to deduct the par value from common stock and to reflect the excess of cost over par value as a deduction from additional paid-in capital . the change in unissued shares resulted in a reduction of $ 2295.3 million in treasury stock , $ 0.6 million in common stock , and $ 2294.7 million in additional paid-in capital . there was no effect on our total stockholders 2019 equity position as a result of the change . dividends in october 2016 , our board of directors approved a quarterly dividend of $ 0.32 per share . cash dividends declared were $ 423.8 million , $ 404.3 million and $ 383.6 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . as of december 31 , 2016 , we recorded a quarterly dividend payable of $ 108.6 million to shareholders of record at the close of business on january 3 , 2017. .
other items on our consolidated financial statements have been appropriately adjusted from the amounts provided in the earnings release , including a reduction of our full year 2016 gross profit and income from operations by $ 2.9 million , and a reduction of net income by $ 1.7 million. .
what was the percentage change in working capital from 2015 to 2016?
( 1 ) working capital is defined as current assets minus current liabilities. .
at december 31 , 2013 , the aggregate amount of investment grade funded loans was $ 6.5 billion and the aggregate amount of non-investment grade funded loans was $ 7.9 billion . in connection with these corporate lending activities ( which include corporate funded and unfunded lending commitments ) , the company had hedges ( which include 201csingle name , 201d 201csector 201d and 201cindex 201d hedges ) with a notional amount of $ 9.0 billion related to the total corporate lending exposure of $ 93.0 billion at december 31 , 2013 . 201cevent-driven 201d loans and lending commitments at december 31 , 2013 . included in the total corporate lending exposure amounts in the table above at december 31 , 2013 were 201cevent- driven 201d exposures of $ 9.5 billion composed of funded loans of $ 2.0 billion and lending commitments of $ 7.5 billion . included in the 201cevent-driven 201d exposure at december 31 , 2013 were $ 7.3 billion of loans and lending commitments to non-investment grade borrowers . the maturity profile of the 201cevent-driven 201d loans and lending commitments at december 31 , 2013 was as follows : 33% ( 33 % ) will mature in less than 1 year , 17% ( 17 % ) will mature within 1 to 3 years , 32% ( 32 % ) will mature within 3 to 5 years and 18% ( 18 % ) will mature in over 5 years . industry exposure 2014corporate lending . the company also monitors its credit exposure to individual industries for credit exposure arising from corporate loans and lending commitments as discussed above . the following table shows the company 2019s credit exposure from its primary corporate loans and lending commitments by industry at december 31 , 2013 : industry corporate lending exposure ( dollars in millions ) .
how much of the december 31 , 2013 201cevent- driven 201d loans and commitments will mature in 2014 , in billions?
( 1 ) includes mutual funds , pension funds , private equity and real estate funds , exchanges and clearinghouses and diversified financial services . institutional securities other lending activities . in addition to the primary corporate lending activity described above , the institutional securities business segment engages in other lending activity . these loans primarily include corporate loans purchased in the secondary market , commercial and residential mortgage loans , asset-backed loans and financing extended to institutional clients . at december 31 , 2013 , approximately 99.6% ( 99.6 % ) of institutional securities other lending activities held for investment were current ; less than 0.4% ( 0.4 % ) were on non- accrual status because the loans were past due for a period of 90 days or more or payment of principal or interest was in doubt. .
supplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2004 2003 2002 sales and transfers of oil and gas produced , net of production , transportation , and administrative costs $ ( 2715 ) $ ( 2487 ) $ ( 1983 ) net changes in prices and production , transportation and administrative costs related to future production 950 1178 2795 .
what was the average ending balance in the discounted ending cash flow balance?
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2007 annual report 21 five-year stock performance graph the graph below illustrates the cumulative total shareholder return on snap-on common stock since 2002 , assuming that dividends were reinvested . the graph compares snap-on 2019s performance to that of the standard & poor 2019s 500 stock index ( 201cs&p 500 201d ) and a peer group . snap-on incorporated total shareholder return ( 1 ) 2002 2003 2004 2005 2006 2007 snap-on incorporated peer group s&p 500 fiscal year ended ( 2 ) snap-on incorporated peer group ( 3 ) s&p 500 .
what is the roi in snap-on if the investment was made at the end of 2005 and sold at the end of 2007?
( 1 ) assumes $ 100 was invested on december 31 , 2002 and that dividends were reinvested quarterly . ( 2 ) the company's fiscal year ends on the saturday closest to december 31 of each year ; the fiscal year end is assumed to be december 31 for ease of calculation . ( 3 ) the peer group includes : the black & decker corporation , cooper industries , ltd. , danaher corporation , emerson electric co. , fortune brands , inc. , genuine parts company , newell rubbermaid inc. , pentair , inc. , spx corporation , the stanley works and w.w . grainger , inc. .