Cash flow Westwood Holdings Group, Inc.

Equities

WHG

US9617651040

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 02:30:02 17/01/2026 am IST			5-day change	1st Jan Change
18.39 ^USD	-0.38%		+4.85%	+6.86%

12/12	Westwood Holdings Group, Inc. Expands Enhanced Income Series?? ETFs with Launch of Westwood Enhanced Income Opportunity ETF (YLDW )	CI
04/12	Westwood announces monthly income distributions	RE

622d0a558f80ca1a9aa98617137c.uwiIATCXasJtIAmL2r0Fu0k-YV9wEIvMqQKJQc2_3cE.jE36SwCuEKMyWErv7d5i5AZRGS5HebqP4nDcLZj1lLbdautyfPUzkEBFOQ

Published financial data: WESTWOOD HOLDINGS GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	6.48Cr	7.34Cr	6.94Cr	8.92Cr	9.31Cr
Gain (Loss) on Sale of Investment, Total (Rev)	-10.62L	8L	-24.93L	13.08L	11.41L
Interest And Invest. Income (Rev)	9L	8L	5L	7L	9L
Other Revenues, Total	5L	-18.42L	12.81L	-14.75L	-4L
Total Revenues	6.51Cr	7.31Cr	6.87Cr	8.98Cr	9.47Cr
Cost of Goods Sold, Total	4.29Cr	4.25Cr	4.01Cr	5.29Cr	5.6Cr
Gross Profit	2.22Cr	3.05Cr	2.86Cr	3.69Cr	3.87Cr
Selling General & Admin Expenses, Total	2.38Cr	2.46Cr	2.63Cr	3.34Cr	3.3Cr
Other Operating Expenses, Total	2.38Cr	2.46Cr	2.63Cr	3.34Cr	3.3Cr
Operating Income	-16.28L	59.59L	22.2L	34.46L	57.11L
Interest And Investment Income	6L	9L	3L	11.91L	21.83L
Net Interest Expenses	6L	9L	3L	11.91L	21.83L
Currency Exchange Gains (Loss)	-29.85L	-	-	-	-
Other Non Operating Income (Expenses)	1L	6L	9L	62.41L	10.02L
EBT, Excl. Unusual Items	-38.74L	74.29L	33.93L	1.09Cr	88.96L
Restructuring Charges	7L	-	-	-	-
Merger & Related Restructuring Charges	-	-	-70.93L	-2L	-
Impairment of Goodwill	-34.03L	-	-	-	-
Gain (Loss) On Sale Of Investments	-7L	65.74L	-14.95L	6T	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-3L	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	27.68L	-48.81L
EBT, Incl. Unusual Items	-75.88L	1.4Cr	-51.95L	1.34Cr	40.15L
Income Tax Expense	13.59L	42.4L	-6L	28.72L	18.04L
Earnings From Continuing Operations	-89.47L	97.63L	-46.28L	1.06Cr	22.11L
Net Income to Company	-89.47L	97.63L	-46.28L	1.06Cr	22.11L
Minority Interest	-	-	-	-10.51L	4T
Net Income - (IS)	-89.47L	97.63L	-46.28L	95.2L	22.15L
Net Income to Common Incl Extra Items	-89.47L	97.63L	-46.28L	95.2L	22.15L
Net Income to Common Excl. Extra Items	-89.47L	97.63L	-46.28L	95.2L	22.15L
Per Share Items
Net EPS - Basic	-1.12	1.24	-0.59	1.2	0.27
Basic EPS - Continuing Operations	-1.12	1.24	-0.59	1.2	0.27
Basic Weighted Average Shares Outstanding	79.88L	78.75L	78.44L	79.64L	81.63L
Net EPS - Diluted	-1.12	1.23	-0.59	1.17	0.26
Diluted EPS - Continuing Operations	-1.12	1.23	-0.59	1.17	0.26
Diluted Weighted Average Shares Outstanding	79.88L	79.28L	78.44L	81.12L	85.16L
Normalized Basic EPS	-0.3	0.59	0.27	0.72	0.68
Normalized Diluted EPS	-0.3	0.59	0.27	0.71	0.65
Dividend Per Share	0.43	0.45	0.6	0.6	0.6
Payout Ratio	-123.43	234.89	-121.54	57.79	245.6
Supplemental Items
EBITDA	10.14L	83.33L	47.96L	82.65L	1.05Cr
EBITA	93T	75.83L	41.09L	75.95L	98.59L
EBIT	-16.28L	59.59L	22.2L	34.46L	57.11L
EBITDAR	29.12L	93.86L	57.07L	89.15L	1.11Cr
Total Revenues (As Reported)	6.51Cr	7.31Cr	6.87Cr	8.98Cr	9.47Cr
Effective Tax Rate - (Ratio)	-17.91	30.28	10.91	21.36	44.93
Current Domestic Taxes	8L	38.38L	3L	18.36L	33.22L
Current Foreign Taxes	-2L	-2L	98T	-	-
Total Current Taxes	6L	36.2L	3L	18.36L	33.22L
Deferred Domestic Taxes	5L	5L	-9L	10.36L	-15.18L
Deferred Foreign Taxes	2L	1L	16T	-	-
Total Deferred Taxes	8L	6L	-9L	10.36L	-15.18L
Normalized Net Income	-24.21L	46.43L	21.21L	57.48L	55.64L
Supplemental Operating Expense Items
Selling and Marketing Expenses	11.94L	12.8L	20.03L	29.9L	26.68L
General and Administrative Expenses	1.89Cr	1.9Cr	2.05Cr	2.58Cr	2.56Cr
Net Rental Expense, Total	18.98L	10.53L	9L	6L	6L
Stock-Based Comp., COGS (Total)	67.01L	58.34L	60.01L	65.18L	55.37L
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	67.01L	58.34L	60.01L	65.18L	55.37L

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.3Cr	1.52Cr	2.39Cr	2.04Cr	1.88Cr
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	6.95Cr	6.5Cr	1.53Cr	3.27Cr	2.57Cr
Total Cash And Short Term Investments	8.26Cr	8.02Cr	3.92Cr	5.31Cr	4.46Cr
Accounts Receivable, Total	98.79L	1.13Cr	1.39Cr	1.44Cr	1.45Cr
Other Receivables	17L	2L	4L	2L	3L
Total Receivables	1.16Cr	1.15Cr	1.43Cr	1.46Cr	1.47Cr
Other Current Assets, Total	21.77L	21.06L	46.45L	45.43L	-
Total Current Assets	9.63Cr	9.39Cr	5.82Cr	7.22Cr	5.93Cr
Gross Property Plant And Equipment	1.73Cr	1.56Cr	1.6Cr	1.52Cr	1.19Cr
Accumulated Depreciation	-80.56L	-86.37L	-91.96L	-1.01Cr	-84.24L
Net Property Plant And Equipment	92.89L	69.82L	68.04L	51.17L	35.1L
Long-term Investments	1.17Cr	89.68L	1.41Cr	1.18Cr	1.69Cr
Goodwill	1.64Cr	1.64Cr	3.57Cr	3.95Cr	3.95Cr
Other Intangibles, Total	1.35Cr	1.19Cr	2.9Cr	2.48Cr	2.17Cr
Deferred Tax Assets Long-Term	14.68L	8L	17.62L	7L	22.44L
Other Long-Term Assets, Total	5L	6L	9L	10.1L	67.8L
Total Assets	15Cr	14Cr	15Cr	16Cr	15Cr
Liabilities
Accounts Payable, Total	12.27L	22.37L	52.78L	46.3L	64.13L
Accrued Expenses, Total	78.48L	99.3L	90.89L	1.1Cr	1.09Cr
Current Portion of Leases	17.18L	14.09L	15.02L	12.86L	31.97L
Current Income Taxes Payable	2L	5L	-	-	-
Other Current Liabilities	8L	18L	17.45L	16.92L	24.66L
Total Current Liabilities	1.18Cr	1.58Cr	1.76Cr	1.86Cr	2.3Cr
Long-Term Leases	61.21L	47.24L	45.63L	32.66L	-
Other Non Current Liabilities	5L	11.33L	1.36Cr	1.08Cr	46.57L
Total Liabilities	1.84Cr	2.17Cr	3.58Cr	3.27Cr	2.77Cr
Common Stock, Total	1L	1L	1L	1L	1L
Additional Paid In Capital	21Cr	20Cr	20Cr	20Cr	20Cr
Retained Earnings	-16.95L	43.62L	-42.53L	46.5L	62.07L
Treasury Stock	-7.8Cr	-8.18Cr	-8.51Cr	-8.6Cr	-8.83Cr
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	13Cr	12Cr	11Cr	12Cr	12Cr
Minority Interest	-	-	-	20.45L	20.41L
Total Equity	13Cr	12Cr	11Cr	12Cr	12Cr
Total Liabilities And Equity	15Cr	14Cr	15Cr	16Cr	15Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	79.36L	78.18L	81.42L	79.3L	83.08L
ECS Total Common Shares Outstanding	78.32L	78.21L	77.78L	80.08L	81.63L
Book Value / Share	16.69	15.08	14.23	15.04	14.74
Tangible Book Value	10Cr	8.96Cr	4.6Cr	5.61Cr	5.91Cr
Tangible Book Value Per Share	12.87	11.46	5.91	7.01	7.24
Total Debt	78.39L	61.33L	60.65L	45.52L	31.97L
Net Debt	-7.47Cr	-7.41Cr	-3.31Cr	-4.85Cr	-4.14Cr
Debt Equivalent Oper. Leases	1.52Cr	84.24L	72.88L	52L	47.68L
Minority Interest, Total (Incl. Fin. Div)	-	-	-	20.45L	20.41L
Equity Method Investments, Total	-	-	65.74L	42.84L	42.5L
Account Code - Inventory Valuation	3	-	-	-	3
Machinery, Total	58.57L	57.95L	61.03L	63.49L	42.39L
Full Time Employees	136	130	152	145	151

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-89.47L	97.63L	-46.28L	1.06Cr	22.15L
Depreciation & Amortization - CF	9L	8L	7L	7L	6L
Amortization of Goodwill and Intangible Assets - (CF)	17.21L	16.24L	18.89L	41.49L	41.48L
Depreciation & Amortization, Total	26.42L	23.74L	25.76L	48.19L	47.5L
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	48T	-1L	-	69T	-
(Gain) Loss on Sale of Investments - (CF)	10.56L	-65.26L	21.36L	-8L	-8L
Asset Writedown & Restructuring Costs	34.03L	-	-	-	-
Stock-Based Compensation (CF)	67.01L	58.35L	60.01L	65.18L	55.37L
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	64.23L	18.55L	2L	-57.48L	44.74L
Change in Trading Asset Securities	-1.96Cr	45.13L	4.9Cr	-1.66Cr	60.46L
Change In Accounts Receivable	36.83L	-17.02L	-3L	1L	-59T
Change In Accounts Payable	-5L	10.09L	12.51L	-4L	3L
Change In Income Taxes	-7L	17.5L	-7L	2L	-90T
Change in Other Net Operating Assets	-40.01L	7L	-40.17L	1L	-12.44L
Cash from Operations	-97.7L	1.94Cr	5.15Cr	-11.85L	2.11Cr
Capital Expenditure	-93T	-2L	-3L	-1L	-1L
Sale of Property, Plant, and Equipment	89T	5L	-	-	-
Cash Acquisitions	-	-	-3.34Cr	-7L	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-10.04L
Investment in Marketable and Equity Securities, Total	-	92.43L	-	-	-35L
Other Investing Activities, Total	-	-	-	50L	-
Cash from Investing	-4T	95.66L	-3.37Cr	41.12L	-46.13L
Repurchase of Common Stock	-1.48Cr	-38.74L	-34.78L	-9L	-22.87L
Common Dividends Paid	-1.1Cr	-2.29Cr	-56.25L	-55.02L	-54.4L
Common & Preferred Stock Dividends Paid	-1.1Cr	-2.29Cr	-56.25L	-55.02L	-54.4L
Other Financing Activities, Total	-	-	-	-	-1.04Cr
Cash from Financing	-2.58Cr	-2.68Cr	-91.03L	-63.64L	-1.81Cr
Foreign Exchange Rate Adjustments	-11.64L	45T	5T	-	-
Net Change in Cash	-3.68Cr	21.9L	86.53L	-34.37L	-15.75L
Supplemental Items
Cash Income Tax Paid (Refund)	12.71L	18.58L	18.58L	15.94L	34.31L
Levered Free Cash Flow	16.52L	1.62Cr	59.64L	1.44Cr	1.44Cr
Unlevered Free Cash Flow	16.52L	1.62Cr	59.64L	1.44Cr	1.44Cr
Change In Net Working Capital	65.8L	-44.82L	36.81L	-10.98L	-16.18L

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-0.62	2.58	0.97	1.43	2.34
Return on Total Capital	-0.69	2.84	1.15	1.77	2.83
Return On Equity %	-6.41	7.85	-4.05	9.07	1.81
Return on Common Equity	-6.41	7.85	-4.05	8.24	1.84
Margin Analysis
Gross Profit Margin %	34.05	41.78	41.58	41.06	40.87
SG&A Margin	36.55	33.62	38.35	37.22	34.84
EBITDA Margin %	1.56	11.41	6.98	9.21	11.04
EBITA Margin %	0.14	10.38	5.98	8.46	10.41
EBIT Margin %	-2.5	8.16	3.23	3.84	6.03
Income From Continuing Operations Margin %	-13.74	13.36	-6.74	11.77	2.33
Net Income Margin %	-13.74	13.36	-6.74	10.6	2.34
Net Avail. For Common Margin %	-13.74	13.36	-6.74	10.6	2.34
Normalized Net Income Margin	-3.72	6.36	3.09	6.4	5.87
Levered Free Cash Flow Margin	2.54	22.23	8.68	16.09	15.16
Unlevered Free Cash Flow Margin	2.54	22.23	8.68	16.09	15.16
Asset Turnover
Asset Turnover	0.4	0.51	0.48	0.6	0.62
Fixed Assets Turnover	6.2	8.98	9.96	15.06	21.96
Receivables Turnover (Average Receivables)	5.62	6.93	5.54	6.31	6.45
Short Term Liquidity
Current Ratio	8.17	5.92	3.3	3.87	2.58
Quick Ratio	7.98	5.79	3.04	3.63	2.58
Operating Cash Flow to Current Liabilities	-0.83	1.22	2.92	-0.06	0.92
Days Sales Outstanding (Average Receivables)	65.15	52.64	65.89	57.86	56.73
Average Days Payable Outstanding	11.81	16.58	36	32.1	40.98
Long Term Solvency
Total Debt/Equity	6	5.2	5.48	3.72	2.61
Total Debt / Total Capital	5.66	4.94	5.2	3.58	2.55
LT Debt/Equity	4.68	4.01	4.12	2.67	-
Long-Term Debt / Total Capital	4.42	3.81	3.91	2.57	-
Total Liabilities / Total Assets	12.36	15.54	24.43	21.09	18.44
Total Debt / EBITDA	2.69	0.65	1.06	0.51	0.29
Net Debt / EBITDA	-25.66	-7.89	-5.81	-5.45	-3.74
Total Debt / (EBITDA - Capex)	2.78	0.67	1.13	0.52	0.29
Net Debt / (EBITDA - Capex)	-26.51	-8.05	-6.15	-5.54	-3.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-22.56	12.2	-5.99	30.72	5.5
Gross Profit, 1 Yr. Growth %	-34.65	32.88	-6.44	29.09	5.01
EBITDA, 1 Yr. Growth %	-88.88	489.32	-42.45	72.33	26.57
EBITA, 1 Yr. Growth %	-98.87	1.44T	-45.81	84.84	29.81
EBIT, 1 Yr. Growth %	-125.05	-585.26	-62.75	55.23	65.73
Earnings From Cont. Operations, 1 Yr. Growth %	-251.36	-209.12	-147.4	-328.41	-79.08
Net Income, 1 Yr. Growth %	-251.36	-209.12	-147.4	-305.7	-76.73
Normalized Net Income, 1 Yr. Growth %	-163.45	-313.85	-54.33	171.04	112.14
Diluted EPS Before Extra, 1 Yr. Growth %	-260.02	-209.81	-147.97	-298.31	-77.78
Accounts Receivable, 1 Yr. Growth %	-25.03	14.3	24.64	3.55	0.41
Net Property, Plant and Equip., 1 Yr. Growth %	-20.7	-24.84	-2.55	-24.79	-31.41
Total Assets, 1 Yr. Growth %	-16.54	-6.4	4.89	5.97	-3.34
Tangible Book Value, 1 Yr. Growth %	-11	-11.1	-48.7	22.05	5.39
Common Equity, 1 Yr. Growth %	-11.85	-9.8	-6.16	8.81	-0.09
Cash From Operations, 1 Yr. Growth %	-130.37	-298.41	165.62	-102.3	-1.88T
Capital Expenditures, 1 Yr. Growth %	-84.32	91.4	79.78	-54.06	-25.85
Levered Free Cash Flow, 1 Yr. Growth %	-88.62	753.42	-63.27	142.17	-26.95
Unlevered Free Cash Flow, 1 Yr. Growth %	-88.62	753.42	-63.27	142.17	-26.95
Dividend Per Share, 1 Yr. Growth %	-85.07	4.65	33.33	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-27.04	-6.79	2.7	10.86	17.44
Gross Profit, 2 Yr. CAGR %	-40.37	-5.15	11.5	9.9	16.43
EBITDA, 2 Yr. CAGR %	-83.14	-4.42	84.17	-0.41	47.69
EBITA, 2 Yr. CAGR %	-94.83	-3.98	188.7	0.08	54.9
EBIT, 2 Yr. CAGR %	-77.84	-4.24	34.46	-23.96	60.39
Earnings From Cont. Operations, 2 Yr. CAGR %	-42.17	28.52	-28.08	4.06	-30.88
Net Income, 2 Yr. CAGR %	-42.17	28.52	-28.08	-1.25	-30.82
Normalized Net Income, 2 Yr. CAGR %	-67.17	10.3	-1.17	11.26	61.98
Diluted EPS Before Extra, 2 Yr. CAGR %	-40.18	32.56	-27.42	-2.47	-33.62
Accounts Receivable, 2 Yr. CAGR %	-26.78	-7.43	18.62	13.61	1.97
Net Property, Plant and Equip., 2 Yr. CAGR %	-15.96	-22.8	-14.42	-14.39	-28.18
Total Assets, 2 Yr. CAGR %	-13.47	-11.61	-0.92	5.43	1.21
Tangible Book Value, 2 Yr. CAGR %	-10.35	-11.05	-32.46	-20.87	13.41
Common Equity, 2 Yr. CAGR %	-9.94	-10.83	-7.99	1.05	4.27
Cash From Operations, 2 Yr. CAGR %	-44.29	-22.38	129.57	-75.28	-35.95
Capital Expenditures, 2 Yr. CAGR %	-69.37	-45.21	85.5	-9.12	-41.64
Levered Free Cash Flow, 2 Yr. CAGR %	-80.34	5.72	77.05	-5.69	55.18
Unlevered Free Cash Flow, 2 Yr. CAGR %	-80.34	5.72	77.05	-5.69	55.18
Dividend Per Share, 2 Yr. CAGR %	-60.53	-60.47	18.12	15.47	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-21.34	-15.78	-6.52	11.3	9.04
Gross Profit, 3 Yr. CAGR %	-31.45	-21.18	-5.58	17.08	8.24
EBITDA, 3 Yr. CAGR %	-71.19	-38.42	-19.29	80.13	7.88
EBITA, 3 Yr. CAGR %	-86.9	-39.84	-20.65	148.82	9.14
EBIT, 3 Yr. CAGR %	-65.46	-43.56	-30.09	41.05	-1.41
Earnings From Cont. Operations, 3 Yr. CAGR %	-23.51	-28.54	-7.83	5.72	-39.05
Net Income, 3 Yr. CAGR %	-23.51	-28.54	-7.83	2.09	-39.01
Normalized Net Income, 3 Yr. CAGR %	-53.24	-40.87	-17.79	38.33	6.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-22.22	-26.75	-5.54	1.46	-40.43
Accounts Receivable, 3 Yr. CAGR %	-23.02	-15.06	1.8	13.37	9.03
Net Property, Plant and Equip., 3 Yr. CAGR %	30.39	-19.03	-16.56	-18.02	-20.49
Total Assets, 3 Yr. CAGR %	-8.18	-11.17	-6.42	1.33	2.42
Tangible Book Value, 3 Yr. CAGR %	-2.71	-10.6	-25.96	-17.74	-12.94
Common Equity, 3 Yr. CAGR %	-5.8	-9.89	-9.3	-2.7	0.67
Cash From Operations, 3 Yr. CAGR %	-41.18	-14.93	16.97	-50.5	2.9
Capital Expenditures, 3 Yr. CAGR %	-56.97	-43.58	-18.59	16.49	-15.08
Levered Free Cash Flow, 3 Yr. CAGR %	-64.83	-27.58	-25.68	96.53	-4.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	-64.83	-27.58	-25.68	96.53	-4.01
Dividend Per Share, 3 Yr. CAGR %	-44.68	-45.37	-40.72	11.74	10.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-13.04	-9.9	-12.48	-5.99	2.41
Gross Profit, 5 Yr. CAGR %	-20.31	-13.08	-16.13	-9.98	2.67
EBITDA, 5 Yr. CAGR %	-53.6	-25.61	-35.33	-25.36	2.78
EBITA, 5 Yr. CAGR %	-71.1	-26.61	-36.99	-26.25	3.69
EBIT, 5 Yr. CAGR %	-48.41	-29.26	-43.77	-36.41	-2.55
Earnings From Cont. Operations, 5 Yr. CAGR %	-19.88	-15.49	-25.37	-16.95	-17.85
Net Income, 5 Yr. CAGR %	-19.88	-15.49	-25.37	-18.67	-17.82
Normalized Net Income, 5 Yr. CAGR %	-38.64	-26.23	-38.29	-23.86	7.83
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.58	-14.99	-24.34	-17.86	-17.97
Accounts Receivable, 5 Yr. CAGR %	-12.82	-13.58	-8.49	-4.82	1.87
Net Property, Plant and Equip., 5 Yr. CAGR %	33.48	10.28	10.18	-17.2	-21.42
Total Assets, 5 Yr. CAGR %	-3.83	-4.92	-5.34	-4.87	-3.44
Tangible Book Value, 5 Yr. CAGR %	3.84	-1.68	-15.93	-14.86	-12.19
Common Equity, 5 Yr. CAGR %	-0.49	-4.19	-6.69	-5.66	-4.1
Cash From Operations, 5 Yr. CAGR %	-29.27	-16.37	1.41	-48.1	-8.07
Capital Expenditures, 5 Yr. CAGR %	-37.19	-37.18	-22.8	-31.73	-28.74
Levered Free Cash Flow, 5 Yr. CAGR %	-51.75	-3.75	-30.95	-19.51	-0.23
Unlevered Free Cash Flow, 5 Yr. CAGR %	-51.75	-3.75	-30.95	-19.51	-0.23
Dividend Per Share, 5 Yr. CAGR %	-26.97	-28.03	-25.07	-26.3	-26.93