 Let us look into the valuation techniques. Number 1. Market Approach. In the beginning I said clearly that we should not look for entity data, we should look market data. So, the market approach from non-financial assets is an active market for identical assets and liability. No matter when you want to sell something or buy something, you have to go to the market. The market is going to determine whether the price you are going to pay, what price we are going to get our asset if we want to sell. That is the important thing, market based. Market again, active market, most advantage is market. So, that is what we have to consider, market based. So, valuation, we should try best, our best is that we should go to a market based price because the market is there, so you can get the information and work out the price. Now, cost method, usually we are reporting our assets and liabilities at cost basis. Cost basis means at historical cost base. When we bought something, what price we paid, how it will be recorded in the books of accounts that we are recording and now you know that assets are being depreciated year by year and then prices, not necessarily the price which is the book value which you are showing in the balance sheet is the same as per market price. So, we look into it that the cost and the amount we have reduced is from the accumulated depreciation and then we work out the other thing also that sometime it happens that your assets reduce its value due to some other changes like technology changes or maybe some obsolescence, etc. So, we must keep in mind that also. So, look here, current replacement cost. Replacement cost means that you got already an asset, now you want to replace it because the new assets, new technology, new information is there, so you want to replace it. So, question arise that the one you are getting is a different price, if you want to replace it, what replacement price you are going to get, that is important, that will be the, maybe more, maybe less. So, we need to report if we are using the cost method, we are supposed to report our assets the fair value based on the replacement cost and consider obsolescence, as I said obsolescence means due to many reasons and assets use lost its values, maybe some damage, etc. One financial asset, now income approach, financial forecast, it's again a huge topic in financial management, what is financial forecast. You know, we work out how many years this asset will go along and what cash flow it will generate, now sometime single assets cannot generate cash flow itself, maybe a group of assets are generating that is cash generating unit, so we must work it out, how much cash will be generated by these assets and how long it will keep generating, that is important also, an asset is 5 years old, I mean life is 5 years, already 2 years have gone, so remaining is 3 years, so we should see the next 3 years what amount these assets will generate net cash flow, operating cash flow from these assets and then to convert these assets, I mean these cash flows into present value and in present value we discount these cash flows by using a discount factor, in fact this discount factor is that the interest rate which is going in the market, normally we call it implicit rate and actually what rate it is going to be, that rate should be used to discount the cash flow and then find out what is the present value, present value means the value you get subsequent years, now what is its value now, so that present value can be used as a fair value of the assets, liability, now coming to these techniques, it is not something which is very difficult but the question is it is again there are lot of subjectivity involved, but we must go by the hierarchy and accordingly we should fix that which assets should be valued at what information available, now there is a small example here, plant purchase for 500,000, useful life is 5 years, depreciated for 2 years, so 2 years depreciation comes to 200,000, so the carrying value in the balance sheet is 300,000, revalued fair value is 460,000, so question arise, this increase of 160, first of all how you got this 460, again we have gone through all that drill, level 1, level 2 and then come out ok, this is the fair value, now compare the fair value with the carrying value, so there is increase in it by 160, so what we do, we reduce accumulated depreciation and credit the unrealized gain 160, now here I want to explain you one thing that usually this topic was discussed in property, plant and equipment, so there we ought to do, we also do some revaluation and any surplus on revaluation, we report it in other comprehensive income, but in this case see it is not that, it is going to be the gain separately unrealized gain and we will adjust it subsequently if there is a realized gain, if there is a loss gain we keep adjusting it, thank you very much.