UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 26, 2003
AEGIS MORTGAGE CORPORATION
Home Loan Asset Backed Certificates, Series 2003-1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-90230-01 54-2110382
Pooling and Servicing Agreement) (Commission 54-2110383
(State or other File Number) 54-2110381
jurisdiction 54-2110384
of Incorporation) IRS EIN
c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
ITEM 5. Other Events
On December 26, 2003 a distribution was made to holders of AEGIS MORTGAGE
CORPORATION, Home Loan Asset Backed Certificates, Series 2003-1 Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Home Loan Asset Backed Certificates,
Series 2003-1 Trust, relating to the
December 26, 2003 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AEGIS MORTGAGE CORPORATION
Home Loan Asset Backed Certificates, Series 2003-1 Trust
By: Wells Fargo Bank Minnesota, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 1/7/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Home Loan
Asset Backed Certificates, Series 2003-1 Trust,
relating to the December 26, 2003 distribution.
EX-99.1
AEGIS Asset Backed Securities Trust
Home Loan Asset Backed Certificates
Record Date: 11/30/03
Distribution Date: 12/26/03
AEGIS Series: 2003-1
Contact: CTSLink Customer Service
Wells Fargo Bank Minnesota, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD 21045-1951
Telephone: (301) 815-6600
Fax: (301) 815-6600
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A1 00764MAA5 SEN 1.51875% 211,043,073.53 276,004.77 10,042,748.12
A-IO 00764MAB3 SEN-IO 6.00000% 0.00 80,500.00 0.00
M1 00764MAC1 MEZ 2.16875% 16,464,000.00 30,747.09 0.00
M2 00764MAD9 MEZ 3.36875% 12,169,000.00 35,300.66 0.00
B1 00764MAE7 SUB 4.61875% 8,591,321.00 34,169.89 0.00
X AEG03001X OC 0.00000% 3,006,562.00 922,572.75 0.00
P AEG03001P SEN 0.00000% 100.00 260,229.75 0.00
R1 AEG0301R1 RES 0.00000% 0.00 0.00 0.00
Totals 251,274,056.53 1,639,524.91 10,042,748.12
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A1 0.00 201,000,325.41 10,318,752.89 0.00
A-IO 0.00 0.00 80,500.00 0.00
M1 0.00 16,464,000.00 30,747.09 0.00
M2 0.00 12,169,000.00 35,300.66 0.00
B1 0.00 8,591,321.00 34,169.89 0.00
X 0.00 3,006,562.00 922,572.75 0.00
P 0.00 100.00 260,229.75 0.00
R1 0.00 0.00 0.00 0.00
Totals 0.00 241,231,308.41 11,682,273.03 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
A1 249,115,000.00 211,043,073.53 0.00 10,042,748.12 0.00 0.00
A-IO 0.00 0.00 0.00 0.00 0.00 0.00
M1 16,464,000.00 16,464,000.00 0.00 0.00 0.00 0.00
M2 12,169,000.00 12,169,000.00 0.00 0.00 0.00 0.00
B1 8,591,321.00 8,591,321.00 0.00 0.00 0.00 0.00
X 0.48 3,006,562.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
R1 0.00 0.00 0.00 0.00 0.00 0.00
Totals 286,339,421.48 251,274,056.53 0.00 10,042,748.12 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
A1 10,042,748.12 201,000,325.41 0.80685758 10,042,748.12
A-IO 0.00 0.00 0.00000000 0.00
M1 0.00 16,464,000.00 1.00000000 0.00
M2 0.00 12,169,000.00 1.00000000 0.00
B1 0.00 8,591,321.00 1.00000000 0.00
X 0.00 3,006,562.02 63,670.83333333 0.00
P 0.00 100.00 1.00000000 0.00
R1 0.00 0.00 0.00000000 0.00
Totals 10,042,748.12 241,231,308.41 0.84246628 10,042,748.12
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
A1 249,115,000.00 847.17128045 0.00000000 40.31370299 0.00000000
A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
M1 16,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M2 12,169,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B1 8,591,321.00 1000.00000000 0.00000000 0.00000000 0.00000000
X 0.42 63670833.33333000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
A1 0.00000000 40.31370299 806.85757746 0.80685758 40.31370299
A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
X 0.00000000 0.00000000 63,670,833.33333000 6263670.83333333 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A1 249,115,000.00 1.51875% 211,043,073.53 276,004.77 0.00 0.00
A-IO 0.00 6.00000% 16,100,000.00 80,500.00 0.00 0.00
M1 16,464,000.00 2.16875% 16,464,000.00 30,747.09 0.00 0.00
M2 12,169,000.00 3.36875% 12,169,000.00 35,300.66 0.00 0.00
B1 8,591,321.00 4.61875% 8,591,321.00 34,169.89 0.00 0.00
X 0.48 0.00000% 3,006,562.00 0.00 0.00 0.00
P 100.00 0.00000% 100.00 0.00 0.00 0.00
R1 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 286,339,421.48 456,722.41 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A1 0.00 0.00 276,004.77 0.00 201,000,325.41
A-IO 0.00 0.00 80,500.00 0.00 16,100,000.00
M1 0.00 0.00 30,747.09 0.00 16,464,000.00
M2 0.00 0.00 35,300.66 0.00 12,169,000.00
B1 0.00 0.00 34,169.89 0.00 8,591,321.00
X 0.00 0.00 922,572.75 0.00 3,006,562.00
P 0.00 0.00 260,229.75 0.00 100.00
R1 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 1,639,524.91 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A1 249,115,000.00 1.51875% 847.17128045 1.10794119 0.00000000 0.00000000
A-IO 0.00 6.00000% 835.15277330 4.17576387 0.00000000 0.00000000
M1 16,464,000.00 2.16875% 1000.00000000 1.86753462 0.00000000 0.00000000
M2 12,169,000.00 3.36875% 1000.00000000 2.90086778 0.00000000 0.00000000
B1 8,591,321.00 4.61875% 1000.00000000 3.97725682 0.00000000 0.00000000
X 0.48 0.00000% 263670833.33333000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) Per $1 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A1 0.00000000 0.00000000 1.10794119 0.00000000 806.85757746
A-IO 0.00000000 0.00000000 4.17576387 0.00000000 835.15277330
M1 0.00000000 0.00000000 1.86753462 0.00000000 1000.00000000
M2 0.00000000 0.00000000 2.90086778 0.00000000 1000.00000000
B1 0.00000000 0.00000000 3.97725682 0.00000000 1000.00000000
X 0.00000000 0.00000000 922026562.50000000 0.00000000 263670833.33333000
P 0.00000000 0.00000000 2602297.50000000 0.00000000 1000.00000000
R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 11,776,017.71
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 105,371.88
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 260,229.75
Total Deposits 12,141,619.34
Withdrawals
Reimbursement for Servicer Advances 86,393.70
Payment of Service Fee 372,952.61
Payment of Interest and Principal 11,682,273.03
Total Withdrawals (Pool Distribution Amount) 12,141,619.34
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 104,697.46
Credit Risk Fee 3,140.92
MGIC Fee 262,496.75
Trustee Fee 2,617.48
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 372,952.61
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Fund 1,000.00 0.00 0.00 1,000.00
Financial Guaranty 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 5 0 0 5
729,715.78 0.00 0.00 729,715.78
30 Days 47 3 0 0 50
5,858,406.81 372,113.43 0.00 0.00 6,230,520.24
60 Days 17 1 0 0 18
2,198,667.13 74,695.38 0.00 0.00 2,273,362.51
90 Days 0 3 10 0 13
0.00 428,328.14 1,204,860.44 0.00 1,633,188.58
120 Days 0 1 8 0 9
0.00 54,662.06 982,733.88 0.00 1,037,395.94
150 Days 0 1 6 0 7
0.00 46,493.31 556,542.27 0.00 603,035.58
180+ Days 0 1 16 0 17
0.00 181,778.83 1,939,957.52 0.00 2,121,736.35
Totals 64 15 40 0 119
8,057,073.94 1,887,786.93 4,684,094.11 0.00 14,628,954.98
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.278396% 0.000000% 0.000000% 0.278396%
0.302496% 0.000000% 0.000000% 0.302496%
30 Days 2.616927% 0.167038% 0.000000% 0.000000% 2.783964%
2.428544% 0.154256% 0.000000% 0.000000% 2.582800%
60 Days 0.946548% 0.055679% 0.000000% 0.000000% 1.002227%
0.911436% 0.030964% 0.000000% 0.000000% 0.942400%
90 Days 0.000000% 0.167038% 0.556793% 0.000000% 0.723831%
0.000000% 0.177559% 0.499463% 0.000000% 0.677022%
120 Days 0.000000% 0.055679% 0.445434% 0.000000% 0.501114%
0.000000% 0.022660% 0.407383% 0.000000% 0.430042%
150 Days 0.000000% 0.055679% 0.334076% 0.000000% 0.389755%
0.000000% 0.019273% 0.230709% 0.000000% 0.249982%
180+ Days 0.000000% 0.055679% 0.890869% 0.000000% 0.946548%
0.000000% 0.075355% 0.804190% 0.000000% 0.879545%
Totals 3.563474% 0.835189% 2.227171% 0.000000% 6.625835%
3.339980% 0.782563% 1.941745% 0.000000% 6.064288%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Arm No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 4 0 0 4
535,396.19 0.00 0.00 535,396.19
30 Days 45 2 0 0 47
5,750,337.59 244,785.56 0.00 0.00 5,995,123.15
60 Days 15 1 0 0 16
1,752,403.27 74,695.38 0.00 0.00 1,827,098.65
90 Days 0 3 10 0 13
0.00 428,328.14 1,204,860.44 0.00 1,633,188.58
120 Days 0 1 7 0 8
0.00 54,662.06 927,895.54 0.00 982,557.60
150 Days 0 1 5 0 6
0.00 46,493.31 496,902.35 0.00 543,395.66
180 Days 0 0 15 0 15
0.00 0.00 1,679,455.27 0.00 1,679,455.27
Totals 60 12 37 0 109
7,502,740.86 1,384,360.64 4,309,113.60 0.00 13,196,215.10
0-29 Days 0.254130% 0.000000% 0.000000% 0.254130%
0.251791% 0.000000% 0.000000% 0.251791%
30 Days 2.858958% 0.127065% 0.000000% 0.000000% 2.986023%
2.704324% 0.115120% 0.000000% 0.000000% 2.819444%
60 Days 0.952986% 0.063532% 0.000000% 0.000000% 1.016518%
0.824137% 0.035128% 0.000000% 0.000000% 0.859266%
90 Days 0.000000% 0.190597% 0.635324% 0.000000% 0.825921%
0.000000% 0.201438% 0.566633% 0.000000% 0.768072%
120 Days 0.000000% 0.063532% 0.444727% 0.000000% 0.508259%
0.000000% 0.025707% 0.436380% 0.000000% 0.462087%
150 Days 0.000000% 0.063532% 0.317662% 0.000000% 0.381194%
0.000000% 0.021865% 0.233688% 0.000000% 0.255553%
180 Days 0.000000% 0.000000% 0.952986% 0.000000% 0.952986%
0.000000% 0.000000% 0.789830% 0.000000% 0.789830%
Totals 3.811944% 0.762389% 2.350699% 0.000000% 6.925032%
3.528461% 0.651050% 2.026531% 0.000000% 6.206043%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
194,319.59 0.00 0.00 194,319.59
30 Days 2 1 0 0 3
108,069.22 127,327.87 0.00 0.00 235,397.09
60 Days 2 0 0 0 2
446,263.86 0.00 0.00 0.00 446,263.86
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 1 0 1
0.00 0.00 54,838.34 0.00 54,838.34
150 Days 0 0 1 0 1
0.00 0.00 59,639.92 0.00 59,639.92
180 Days 0 1 1 0 2
0.00 181,778.83 260,502.25 0.00 442,281.08
Totals 4 3 3 0 10
554,333.08 503,426.29 374,980.51 0.00 1,432,739.88
0-29 Days 0.450450% 0.000000% 0.000000% 0.450450%
0.679527% 0.000000% 0.000000% 0.679527%
30 Days 0.900901% 0.450450% 0.000000% 0.000000% 1.351351%
0.377913% 0.445260% 0.000000% 0.000000% 0.823174%
60 Days 0.900901% 0.000000% 0.000000% 0.000000% 0.900901%
1.560566% 0.000000% 0.000000% 0.000000% 1.560566%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.450450% 0.000000% 0.450450%
0.000000% 0.000000% 0.191767% 0.000000% 0.191767%
150 Days 0.000000% 0.000000% 0.450450% 0.000000% 0.450450%
0.000000% 0.000000% 0.208558% 0.000000% 0.208558%
180 Days 0.000000% 0.450450% 0.450450% 0.000000% 0.900901%
0.000000% 0.635673% 0.910965% 0.000000% 1.546638%
Totals 1.801802% 1.351351% 1.351351% 0.000000% 4.504505%
1.938479% 1.760460% 1.311291% 0.000000% 5.010231%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 105,371.88
COLLATERAL STATEMENT
Collateral Description Fixed & Mixed ARM
Weighted Average Gross Coupon 8.368147%
Weighted Average Net Coupon 7.868147%
Weighted Average Pass-Through Rate 6.587051%
Weighted Average Maturity(Stepdown Calculation ) 346
Beginning Scheduled Collateral Loan Count 1,868
Number Of Loans Paid In Full 72
Ending Scheduled Collateral Loan Count 1,796
Beginning Scheduled Collateral Balance 251,273,956.53
Ending Scheduled Collateral Balance 241,231,208.41
Ending Actual Collateral Balance at 30-Nov-2003 241,231,208.41
Monthly P &I Constant 1,930,589.00
Special Servicing Fee 0.00
Prepayment Penalties 260,229.75
Realized Loss Amount 0.00
Cumulative Realized Loss 48,031.54
Ending Scheduled Balance for Premium Loans 241,231,208.41
Scheduled Principal 182,077.55
Unscheduled Principal 9,860,670.57
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 3,006,562.00
Overcollateralized Amount 3,006,562.00
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 0.00
Excess Cash Amount 922,572.72
Group Level Collateral Statement
Group Arm Fixed Total
Collateral Description Mixed ARM Fixed 15 & 30 Year Fixed & Mixed ARM
Weighted Average Coupon Rate 8.357117 8.299162 8.368147
Weighted Average Net Rate 7.857117 7.799162 7.868147
Weighted Average Maturity 346 346 346
Beginning Loan Count 1,640 228 1,868
Loans Paid In Full 66 6 72
Ending Loan Count 1,574 222 1,796
Beginning Scheduled Balance 221,732,598.01 29,541,358.52 251,273,956.53
Ending scheduled Balance 212,634,922.16 28,596,286.25 241,231,208.41
Record Date 11/30/2003 11/30/2003 11/30/2003
Principal And Interest Constant 1,696,587.53 234,001.47 1,930,589.00
Scheduled Principal 152,383.17 29,694.38 182,077.55
Unscheduled Principal 8,945,292.68 915,377.89 9,860,670.57
Scheduled Interest 1,544,204.36 204,307.09 1,748,511.45
Servicing Fees 92,388.58 12,308.88 104,697.46
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 2,309.72 307.76 2,617.48
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 231,065.14 31,431.61 262,496.75
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,218,440.92 160,258.84 1,378,699.76
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 48,031.54 0.00 48,031.54
Percentage of Cumulative Losses 0.0190 0.0000 0.0168
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 6.594110 6.509877 6.587051