A couple of housekeeping questions to start with, in your notes to account there is a mention of 15.32 crores of provision written back. Could you tell us where this is directly to the balance sheet or has been taken through the P&L, the P&L that hasn’t been accounted for, that’s question number one. Secondly, we see a significant increase in inventory in the first half. What is that due to, and the third question is something that you answered many times but just wanted some clarity. What is the total amount that ’s spent by the industry on music acquisition every year. You’ve mentioned the number of 800 crores, and you want to be 30% of that. Is this the cash outflow or does it include commitments based on minimum guarantees, etcetera or is 800 crores will be outflow each year that is made by the label. These were my three questions.
Questions across 1 call
Govindarajan C
CSIM