Next Mediaworks Ltd

NSE: NEXTMEDIA BSE: 532416

₹3

-0.14 (4.46%)

Wed, 04 Nov 2026, 05:09 pm

MTF 5xInvest in Next Mediaworks Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)20.6

PE Ratio0

Dividend0

Consumer Services

Broadcasting

24.5K

Next Mediaworks Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-33.83M	-74.91M	-97.90M	-99.85M	-103.77M	-50.31M	-65.57M	-63.02M	-50.85M	-29.23M	-65.31M	-112.54M	-101.93M	-89.69M	-104.20M	-122.00M	-158.90M	-186.20M	-206.60M	-201.40M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	-748.42K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	2.43B	2.90B	2.87B	2.70B	2.49B	1.92B	1.78B	1.77B	1.65B	1.62B	1.72B	1.62B	1.59B	1.47B	1.17B	1.02B	1.01B	919.70M	788.60M	96.80M
Total current assets	647.40M	726.24M	772.28M	621.52M	524.73M	281.32M	173.55M	225.09M	259.03M	409.45M	305.95M	269.02M	357.51M	324.45M	215.80M	180.10M	261.90M	245.60M	298.20M	1.00M
Cash and short term investments	110.72M	42.21M	84.84M	90.28M	29.82M	49.58M	8.18M	6.71M	24.50M	186.01M	26.66M	20.11M	76.33M	28.37M	29.90M	25.90M	85.40M	40.90M	100.90M	900.00K
Cash & equivalents	24.93M	11.32M	51.30M	47.12M	15.58M	21.84M	8.18M	6.71M	24.50M	170.01M	26.66M	20.11M	71.15M	22.48M	23.70M	25.40M	35.40M	40.90M	77.80M	900.00K
Short term investments	85.79M	30.89M	33.54M	43.16M	14.24M	27.73M	0	0	0	16.00M	0	0	5.18M	5.89M	6.20M	500.00K	50.00M	0	23.10M	0
Total receivables, net	305.25M	334.78M	341.80M	364.09M	355.42M	184.53M	128.15M	184.40M	184.87M	160.49M	194.81M	209.85M	249.95M	266.37M	150.30M	114.90M	126.00M	165.00M	156.10M	0
Accounts receivable - trade, net	254.59M	299.94M	319.68M	282.41M	305.24M	154.48M	120.16M	173.05M	168.50M	153.37M	191.89M	202.44M	245.35M	263.08M	145.80M	67.20M	120.70M	146.70M	132.30M	0
Other receivables	50.66M	34.83M	22.12M	81.68M	50.18M	30.05M	7.99M	11.35M	16.37M	7.13M	2.92M	7.41M	4.60M	3.30M	4.50M	47.70M	5.30M	18.30M	23.80M	0
Total inventory	53.95M	34.20M	27.51M	52.77M	28.53M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	174.96M	141.30M	125.00M	93.46M	88.73M	42.58M	7.89M	0	380.00K	380.00K	553.00K	11.06M	5.49M	3.13M	30.50M	36.30M	47.50M	38.50M	39.50M	0
Total non-current assets	1.78B	2.17B	2.10B	2.07B	1.96B	1.64B	1.60B	1.54B	1.39B	1.21B	1.41B	1.35B	1.23B	1.14B	955.80M	840.30M	745.70M	674.10M	490.40M	95.80M
Long term investments	164.32M	267.70M	50.30M	20.21M	20.00M	0	27.52M	20.06M	22.09M	25.47M	2.20M	2.74M	2.15M	51.00K	26.20M	13.90M	0	0	5.80M	81.20M
Note receivable - long term	—	—	—	—	—	—	—	—	241.00K	—	1.70M	—	—	—	13.70M	13.90M	—	—	—	—
Investments in unconsolidated subsidiaries	15.40M	206.50K	—	20.00M	20.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	148.92M	267.50M	50.30M	204.00K	0	0	27.52M	20.06M	21.85M	25.47M	504.00K	2.74M	2.15M	51.00K	12.50M	0	0	0	5.80M	81.20M
Net property/plant/equipment	524.08M	797.64M	1.63B	648.22M	620.29M	226.42M	166.77M	151.67M	127.18M	93.62M	70.61M	56.79M	42.38M	32.13M	259.50M	228.00M	198.00M	197.10M	173.80M	0
Gross property/plant/equipment	681.48M	989.17M	2.03B	718.81M	728.40M	315.68M	270.16M	277.03M	277.50M	293.14M	311.86M	318.32M	320.97M	321.76M	503.40M	433.70M	381.80M	380.50M	352.90M	—
Deferred tax assets	126.17M	208.03M	291.54M	437.77M	454.90M	448.67M	469.46M	435.47M	412.27M	374.54M	—	—	—	—	—	—	—	—	—	—
Net intangible assets	951.89M	895.84M	126.41M	967.68M	869.49M	964.24M	869.80M	874.05M	779.58M	680.97M	1.29B	1.20B	1.11B	1.01B	621.30M	559.20M	497.10M	435.00M	258.50M	0
Goodwill, net	500.00K	—	122.47M	237.41M	237.41M	444.50M	444.50M	548.97M	548.97M	548.97M	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	951.39M	—	3.95M	730.27M	632.09M	519.74M	425.30M	325.09M	230.61M	132.00M	1.29B	1.20B	1.11B	1.01B	621.30M	559.20M	497.10M	435.00M	258.50M	0
Other long term assets, total	0	0	0	0	0	0	70.06M	61.24M	51.69M	30.97M	40.35M	72.15M	66.02M	78.58M	48.50M	39.20M	50.60M	42.00M	52.30M	14.60M
Short term debt	129.22M	58.67M	105.81M	393.24M	368.36M	156.85M	228.94M	118.69M	89.77M	70.63M	133.86M	172.51M	317.20M	335.33M	249.10M	31.50M	25.20M	11.90M	15.90M	0
Current portion of LT debt and capital leases	50.64M	6.00M	6.00M	100.00M	100.00M	100.00M	120.00M	29.13M	30.57M	12.61M	112.01M	144.00M	144.00M	144.00M	191.60M	31.50M	25.20M	11.90M	15.90M	0
Short term debt excl. current portion of LT debt	78.58M	52.67M	99.81M	293.24M	268.36M	56.85M	108.94M	89.56M	59.19M	58.02M	21.85M	28.51M	173.20M	191.33M	57.50M	0	0	0	0	0
Accounts payable	115.45M	237.31M	237.74M	163.97M	165.70M	121.89M	43.80M	63.76M	24.97M	6.75M	14.25M	38.08M	40.94M	158.59M	63.50M	77.20M	53.00M	55.40M	55.70M	1.30M
Income tax payable	0	0	0	0	0	0	0	42.18M	—	—	—	—	—	—	—	—	—	—	—	—
Long term debt	576.39M	670.55M	588.43M	470.55M	320.00M	260.51M	195.85M	193.32M	147.13M	33.13M	652.46M	492.00M	352.73M	216.00M	868.10M	1.33B	1.55B	1.57B	2.11B	344.30M
Long term debt excl. lease liabilities	575.85M	670.48M	588.43M	470.55M	320.00M	260.51M	195.85M	193.32M	147.13M	33.13M	652.46M	492.00M	352.73M	216.00M	868.10M	1.33B	1.55B	1.57B	2.11B	344.30M
Total equity	1.53B	1.81B	1.82B	1.39B	1.34B	1.34B	1.19B	1.28B	1.27B	1.35B	647.79M	621.50M	546.11M	403.21M	-113.70M	-506.50M	-811.50M	-1.06B	-1.44B	-249.90M
Shareholders' equity	1.47B	1.52B	1.56B	1.23B	1.23B	1.18B	1.07B	1.18B	1.16B	1.22B	621.64M	280.50M	232.18M	139.81M	-131.20M	-346.20M	-515.10M	-657.50M	-878.80M	-249.90M
Common equity, total	1.47B	1.51B	1.55B	1.23B	1.23B	1.18B	1.07B	1.18B	1.16B	1.22B	371.64M	280.50M	232.18M	139.81M	-131.20M	-346.20M	-515.10M	-657.50M	-878.80M	-249.90M
Other common equity	564.67M	126.28M	78.65M	-290.21M	0	-275.67M	-386.01M	-335.21M	-352.17M	1.25M	1.25M	50.00K	1.20M	0	0	0	0	0	0	-7.00M
Total debt	705.61M	729.22M	694.24M	863.79M	688.36M	417.36M	424.80M	312.01M	236.89M	103.76M	786.33M	664.51M	669.93M	551.33M	1.12B	1.36B	1.58B	1.58B	2.13B	344.30M
Net debt	594.89M	687.02M	609.41M	773.52M	658.54M	367.78M	416.62M	305.31M	212.39M	-82.25M	759.66M	644.40M	593.61M	522.96M	1.09B	1.33B	1.49B	1.54B	2.03B	343.40M
Change in accounts receivable	62.40M	-882.00M	-10.00M	162.00M	-8.70M	-48.20M	34.32M	-57.93M	-9.82M	2.04M	-38.52M	217.00K	-4.99M	-55.20M	98.40M	48.90M	-62.30M	-22.70M	3.70M	-17.60M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	0	—	—	—	—	-69.90M	—	—	—	0	0	68.46M	81.07M	—	-302.80M	-3.50M	—	—	—	11.10M
Change in other assets/liabilities	-64.10M	166.90M	-2.30M	119.90M	34.60M	0	36.45M	36.42M	-22.34M	198.17M	17.59M	5.44M	2.22M	174.58M	-39.30M	-32.00M	2.90M	-500.00K	-2.40M	-16.90M
Sale of fixed assets & businesses	0	—	—	—	0	0	0	19.90M	0	11.87M	130.44M	0	175.00K	1.07M	20.90M	1.10M	0	0	0	100.00K
Purchase/sale of investments, net	-83.80M	400.70M	246.30M	-158.70M	1.40M	0	0	0	-51.00K	0	0	0	-20.68M	0	400.00K	5.70M	-50.00M	50.00M	-22.70M	-28.40M
Sale/maturity of investments	0	400.70M	246.30M	100.00K	1.40M	0	0	0	0	0	0	0	0	0	400.00K	5.70M	0	133.50M	43.30M	111.60M
Purchase of investments	-83.80M	0	0	-158.80M	0	0	0	0	-51.00K	0	0	0	-20.68M	0	0	0	-50.00M	-83.50M	-66.00M	-140.00M
Other investing cash flow items, total	8.90M	15.20M	-100.00K	0	0	0	0	0	0	0	0	0	0	1.01M	-400.00K	2.50M	3.40M	1.20M	600.00K	300.00K
Issuance/retirement of debt, net	458.10M	205.70M	-30.10M	170.30M	-176.40M	55.10M	8.09M	-52.62M	-75.10M	-298.38M	778.46M	-164.04M	-64.17M	-121.26M	327.20M	245.30M	238.00M	13.10M	80.00M	2.60M
Issuance/retirement of long term debt	458.10M	205.70M	-30.10M	170.30M	-176.40M	55.10M	8.09M	-52.62M	-75.10M	-298.38M	778.46M	-112.00M	-144.00M	0	0	245.30M	238.00M	13.10M	80.00M	2.60M
Issuance/retirement of short term debt	—	—	—	—	0	—	—	—	0	0	0	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	-52.04M	79.83M	-121.26M	327.20M	—	—	—	—	—
Total cash dividends paid	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-33.83M	-74.91M	-97.90M	-99.85M	-103.77M	-50.31M	-65.57M	-63.02M	-50.85M	-29.23M	-65.31M	-112.54M	-101.93M	-89.69M	-104.20M	-122.00M	-158.90M	-186.20M	-206.60M	-201.40M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	-748.42K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	2.43B	2.90B	2.87B	2.70B	2.49B	1.92B	1.78B	1.77B	1.65B	1.62B	1.72B	1.62B	1.59B	1.47B	1.17B	1.02B	1.01B	919.70M	788.60M	96.80M
Total current assets	647.40M	726.24M	772.28M	621.52M	524.73M	281.32M	173.55M	225.09M	259.03M	409.45M	305.95M	269.02M	357.51M	324.45M	215.80M	180.10M	261.90M	245.60M	298.20M	1.00M
Cash and short term investments	110.72M	42.21M	84.84M	90.28M	29.82M	49.58M	8.18M	6.71M	24.50M	186.01M	26.66M	20.11M	76.33M	28.37M	29.90M	25.90M	85.40M	40.90M	100.90M	900.00K
Cash & equivalents	24.93M	11.32M	51.30M	47.12M	15.58M	21.84M	8.18M	6.71M	24.50M	170.01M	26.66M	20.11M	71.15M	22.48M	23.70M	25.40M	35.40M	40.90M	77.80M	900.00K
Short term investments	85.79M	30.89M	33.54M	43.16M	14.24M	27.73M	0	0	0	16.00M	0	0	5.18M	5.89M	6.20M	500.00K	50.00M	0	23.10M	0
Total receivables, net	305.25M	334.78M	341.80M	364.09M	355.42M	184.53M	128.15M	184.40M	184.87M	160.49M	194.81M	209.85M	249.95M	266.37M	150.30M	114.90M	126.00M	165.00M	156.10M	0
Accounts receivable - trade, net	254.59M	299.94M	319.68M	282.41M	305.24M	154.48M	120.16M	173.05M	168.50M	153.37M	191.89M	202.44M	245.35M	263.08M	145.80M	67.20M	120.70M	146.70M	132.30M	0
Other receivables	50.66M	34.83M	22.12M	81.68M	50.18M	30.05M	7.99M	11.35M	16.37M	7.13M	2.92M	7.41M	4.60M	3.30M	4.50M	47.70M	5.30M	18.30M	23.80M	0
Total inventory	53.95M	34.20M	27.51M	52.77M	28.53M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other current assets, total	174.96M	141.30M	125.00M	93.46M	88.73M	42.58M	7.89M	0	380.00K	380.00K	553.00K	11.06M	5.49M	3.13M	30.50M	36.30M	47.50M	38.50M	39.50M	0
Total non-current assets	1.78B	2.17B	2.10B	2.07B	1.96B	1.64B	1.60B	1.54B	1.39B	1.21B	1.41B	1.35B	1.23B	1.14B	955.80M	840.30M	745.70M	674.10M	490.40M	95.80M
Long term investments	164.32M	267.70M	50.30M	20.21M	20.00M	0	27.52M	20.06M	22.09M	25.47M	2.20M	2.74M	2.15M	51.00K	26.20M	13.90M	0	0	5.80M	81.20M
Note receivable - long term	—	—	—	—	—	—	—	—	241.00K	—	1.70M	—	—	—	13.70M	13.90M	—	—	—	—
Investments in unconsolidated subsidiaries	15.40M	206.50K	—	20.00M	20.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	148.92M	267.50M	50.30M	204.00K	0	0	27.52M	20.06M	21.85M	25.47M	504.00K	2.74M	2.15M	51.00K	12.50M	0	0	0	5.80M	81.20M
Net property/plant/equipment	524.08M	797.64M	1.63B	648.22M	620.29M	226.42M	166.77M	151.67M	127.18M	93.62M	70.61M	56.79M	42.38M	32.13M	259.50M	228.00M	198.00M	197.10M	173.80M	0
Gross property/plant/equipment	681.48M	989.17M	2.03B	718.81M	728.40M	315.68M	270.16M	277.03M	277.50M	293.14M	311.86M	318.32M	320.97M	321.76M	503.40M	433.70M	381.80M	380.50M	352.90M	—
Deferred tax assets	126.17M	208.03M	291.54M	437.77M	454.90M	448.67M	469.46M	435.47M	412.27M	374.54M	—	—	—	—	—	—	—	—	—	—
Net intangible assets	951.89M	895.84M	126.41M	967.68M	869.49M	964.24M	869.80M	874.05M	779.58M	680.97M	1.29B	1.20B	1.11B	1.01B	621.30M	559.20M	497.10M	435.00M	258.50M	0
Goodwill, net	500.00K	—	122.47M	237.41M	237.41M	444.50M	444.50M	548.97M	548.97M	548.97M	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	951.39M	—	3.95M	730.27M	632.09M	519.74M	425.30M	325.09M	230.61M	132.00M	1.29B	1.20B	1.11B	1.01B	621.30M	559.20M	497.10M	435.00M	258.50M	0
Other long term assets, total	0	0	0	0	0	0	70.06M	61.24M	51.69M	30.97M	40.35M	72.15M	66.02M	78.58M	48.50M	39.20M	50.60M	42.00M	52.30M	14.60M
Short term debt	129.22M	58.67M	105.81M	393.24M	368.36M	156.85M	228.94M	118.69M	89.77M	70.63M	133.86M	172.51M	317.20M	335.33M	249.10M	31.50M	25.20M	11.90M	15.90M	0
Current portion of LT debt and capital leases	50.64M	6.00M	6.00M	100.00M	100.00M	100.00M	120.00M	29.13M	30.57M	12.61M	112.01M	144.00M	144.00M	144.00M	191.60M	31.50M	25.20M	11.90M	15.90M	0
Short term debt excl. current portion of LT debt	78.58M	52.67M	99.81M	293.24M	268.36M	56.85M	108.94M	89.56M	59.19M	58.02M	21.85M	28.51M	173.20M	191.33M	57.50M	0	0	0	0	0
Accounts payable	115.45M	237.31M	237.74M	163.97M	165.70M	121.89M	43.80M	63.76M	24.97M	6.75M	14.25M	38.08M	40.94M	158.59M	63.50M	77.20M	53.00M	55.40M	55.70M	1.30M
Income tax payable	0	0	0	0	0	0	0	42.18M	—	—	—	—	—	—	—	—	—	—	—	—
Long term debt	576.39M	670.55M	588.43M	470.55M	320.00M	260.51M	195.85M	193.32M	147.13M	33.13M	652.46M	492.00M	352.73M	216.00M	868.10M	1.33B	1.55B	1.57B	2.11B	344.30M
Long term debt excl. lease liabilities	575.85M	670.48M	588.43M	470.55M	320.00M	260.51M	195.85M	193.32M	147.13M	33.13M	652.46M	492.00M	352.73M	216.00M	868.10M	1.33B	1.55B	1.57B	2.11B	344.30M
Total equity	1.53B	1.81B	1.82B	1.39B	1.34B	1.34B	1.19B	1.28B	1.27B	1.35B	647.79M	621.50M	546.11M	403.21M	-113.70M	-506.50M	-811.50M	-1.06B	-1.44B	-249.90M
Shareholders' equity	1.47B	1.52B	1.56B	1.23B	1.23B	1.18B	1.07B	1.18B	1.16B	1.22B	621.64M	280.50M	232.18M	139.81M	-131.20M	-346.20M	-515.10M	-657.50M	-878.80M	-249.90M
Common equity, total	1.47B	1.51B	1.55B	1.23B	1.23B	1.18B	1.07B	1.18B	1.16B	1.22B	371.64M	280.50M	232.18M	139.81M	-131.20M	-346.20M	-515.10M	-657.50M	-878.80M	-249.90M
Other common equity	564.67M	126.28M	78.65M	-290.21M	0	-275.67M	-386.01M	-335.21M	-352.17M	1.25M	1.25M	50.00K	1.20M	0	0	0	0	0	0	-7.00M
Total debt	705.61M	729.22M	694.24M	863.79M	688.36M	417.36M	424.80M	312.01M	236.89M	103.76M	786.33M	664.51M	669.93M	551.33M	1.12B	1.36B	1.58B	1.58B	2.13B	344.30M
Net debt	594.89M	687.02M	609.41M	773.52M	658.54M	367.78M	416.62M	305.31M	212.39M	-82.25M	759.66M	644.40M	593.61M	522.96M	1.09B	1.33B	1.49B	1.54B	2.03B	343.40M
Change in accounts receivable	62.40M	-882.00M	-10.00M	162.00M	-8.70M	-48.20M	34.32M	-57.93M	-9.82M	2.04M	-38.52M	217.00K	-4.99M	-55.20M	98.40M	48.90M	-62.30M	-22.70M	3.70M	-17.60M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	0	—	—	—	—	-69.90M	—	—	—	0	0	68.46M	81.07M	—	-302.80M	-3.50M	—	—	—	11.10M
Change in other assets/liabilities	-64.10M	166.90M	-2.30M	119.90M	34.60M	0	36.45M	36.42M	-22.34M	198.17M	17.59M	5.44M	2.22M	174.58M	-39.30M	-32.00M	2.90M	-500.00K	-2.40M	-16.90M
Sale of fixed assets & businesses	0	—	—	—	0	0	0	19.90M	0	11.87M	130.44M	0	175.00K	1.07M	20.90M	1.10M	0	0	0	100.00K
Purchase/sale of investments, net	-83.80M	400.70M	246.30M	-158.70M	1.40M	0	0	0	-51.00K	0	0	0	-20.68M	0	400.00K	5.70M	-50.00M	50.00M	-22.70M	-28.40M
Sale/maturity of investments	0	400.70M	246.30M	100.00K	1.40M	0	0	0	0	0	0	0	0	0	400.00K	5.70M	0	133.50M	43.30M	111.60M
Purchase of investments	-83.80M	0	0	-158.80M	0	0	0	0	-51.00K	0	0	0	-20.68M	0	0	0	-50.00M	-83.50M	-66.00M	-140.00M
Other investing cash flow items, total	8.90M	15.20M	-100.00K	0	0	0	0	0	0	0	0	0	0	1.01M	-400.00K	2.50M	3.40M	1.20M	600.00K	300.00K
Issuance/retirement of debt, net	458.10M	205.70M	-30.10M	170.30M	-176.40M	55.10M	8.09M	-52.62M	-75.10M	-298.38M	778.46M	-164.04M	-64.17M	-121.26M	327.20M	245.30M	238.00M	13.10M	80.00M	2.60M
Issuance/retirement of long term debt	458.10M	205.70M	-30.10M	170.30M	-176.40M	55.10M	8.09M	-52.62M	-75.10M	-298.38M	778.46M	-112.00M	-144.00M	0	0	245.30M	238.00M	13.10M	80.00M	2.60M
Issuance/retirement of short term debt	—	—	—	—	0	—	—	—	0	0	0	—	—	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	-52.04M	79.83M	-121.26M	327.20M	—	—	—	—	—
Total cash dividends paid	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0