Senior Vice President and Corporate Controller

0000021175-14-000057.txt : 20140814 0000021175-14-000057.hdr.sgml : 20140814 20140814123313 ACCESSION NUMBER: 0000021175-14-000057 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140814 DATE AS OF CHANGE: 20140814 EFFECTIVENESS DATE: 20140814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNA FINANCIAL CORP CENTRAL INDEX KEY: 0000021175 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 366169860 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00346 FILM NUMBER: 141040938 BUSINESS ADDRESS: STREET 1: CNA STREET 2: 333 S. WABASH CITY: CHICAGO STATE: IL ZIP: 60604 BUSINESS PHONE: 3128225000 MAIL ADDRESS: STREET 1: CNA STREET 2: 333 S. WABASH CITY: CHICAGO STATE: IL ZIP: 60604 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0000021175 XXXXXXXX 06-30-2014 06-30-2014 CNA FINANCIAL CORP

CNA 333 S. Wabash Chicago IL 60604

13F HOLDINGS REPORT 028-00346 Y Assets reported herein are described as having shared investment discretion among Loews Corporation, CNA Financial Corporation, The Continental Corporation and Continental Casualty Company. Each of the foregoing entities specifically disclaims ownership of any securities in this report which are not beneficially owned by that entity and states that such assets are solely under the control of its board of directors. The characterization of shared investment discretion with parent holding companies is made solely as a consequence of SEC interpretations regarding control of the subsidiary through share ownership. Loews Corporation owns approximately 90% of the outstanding shares of CNA Financial Corporation; CNA Financial Corporation owns 100% of the outstanding shares of The Continental Corporation; and The Continental Corporation owns 100% of the outstanding shares of Continental Casualty Company. Loews Corporation will report separately on securities over which it has investment discretion which are not part of this report. Lawrence J. Boysen Senior Vice President and Corporate Controller 312-822-5653 Lawrence J. Boysen Chicago IL 08-14-2014 3 195 551704 false 1 28-217 Loews Corporation 2 28-172 The Continental Corporation 3 28-387 Continental Casualty Company INFORMATION TABLE 2 q214form13fhrinformation.xml INFORMATION TABLE ARC DOCUMENT SOLUTIONS INC COM 00191G103 786 134100 SH DFND 1,2,3 0 134100 0 ABBOTT LABORATORIES COM 002824100 2692 65825 SH DFND 1,2,3 0 65825 0 ACTUANT CORP-CL A CL A 00508X203 1617 46775 SH DFND 1,2,3 0 46775 0 AETNA INC COM 00817Y108 5676 70000 SH DFND 1,2,3 0 70000 0 AMERICAN AIRLINES GROUP INC COM 02376R102 6014 140000 SH DFND 1,2,3 0 140000 0 AMERICAN EQUITY INVT LIFE HL COM 025676206 1203 48900 SH DFND 1,2,3 0 48900 0 AMERICAN INTERNATIONAL GROUP COM NEW 026874784 3379 61900 SH DFND 1,2,3 0 61900 0 ANADARKO PETROLEUM CORP COM 032511107 14956 136621 SH DFND 1,2,3 0 136621 0 ANTERO RESOURCES CORP COM 03674X106 1969 30000 SH DFND 1,2,3 0 30000 0 APACHE CORP COM 037411105 8553 85000 SH DFND 1,2,3 0 85000 0 APPLE COMPUTER INC COM 037833100 1159 12475 SH DFND 1,2,3 0 12475 0 ARGAN INC COM 04010E109 352 9451 SH DFND 1,2,3 0 9451 0 ARRIS CORP COM 04270V106 1135 34900 SH DFND 1,2,3 0 34900 0 ASSOCIATED BANC-CORP COM 045487105 1742 96350 SH DFND 1,2,3 0 96350 0 ASSURANT INC COM 04621X108 7941 121150 SH DFND 1,2,3 0 121150 0 AVNET INC COM 053807103 3782 85350 SH DFND 1,2,3 0 85350 0 BP PLC-SPONS ADR SPONSORED ADR 055622104 4373 82907 SH DFND 1,2,3 0 82907 0 BAKER HUGHES INC COM 057224107 2181 29300 SH DFND 1,2,3 0 29300 0 BANK OF AMERICA CORP COM 060505104 2593 168675 SH DFND 1,2,3 0 168675 0 BANK OF NEW YORK_MELLON COMMON STK COM 064058100 1507 40217 SH DFND 1,2,3 0 40217 0 BARRICK GOLD CORP COM 067901108 4370 238794 SH DFND 1,2,3 0 238794 0 BBCN BANCORP INC COM 073295107 1379 86450 SH DFND 1,2,3 0 86450 0 BECTON DICKINSON & CO COM 075887109 2129 18000 SH DFND 1,2,3 0 18000 0 BLUEKNIGHT ENERGY PARTNERS LP COM UNIT 09625U109 1319 142863 SH DFND 1,2,3 0 142863 0 BRADY CORPORATION - CL A CL A 104674106 1558 52150 SH DFND 1,2,3 0 52150 0 CIGNA CORP COM 125509109 3168 34450 SH DFND 1,2,3 0 34450 0 CNO FINANCIAL GROUP COM 12621E103 2359 132500 SH DFND 1,2,3 0 132500 0 CVR PARTNERS LP COM 126633106 5140 275000 SH DFND 1,2,3 0 275000 0 CAL DIVE INTERNATIONAL INC COM 12802T101 420 317900 SH DFND 1,2,3 0 317900 0 CALLAWAY GOLF COMPANY COM 131193104 280 33600 SH DFND 1,2,3 0 33600 0 CARPENTER TECHNOLOGY COM 144285103 1031 16300 SH DFND 1,2,3 0 16300 0 CASH AMERICA INTL INC COM 14754D100 609 13700 SH DFND 1,2,3 0 13700 0 CASTLE (A.M.) & CO COM 148411101 488 44200 SH DFND 1,2,3 0 44200 0 CHEMED CORP COM 16359R103 1155 12325 SH DFND 1,2,3 0 12325 0 CISCO SYSTEMS INC COM 17275R102 1740 70000 SH DFND 1,2,3 0 70000 0 CITIGROUP INC COM 172967424 7601 161386 SH DFND 1,2,3 0 161386 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 730 48495 SH DFND 1,2,3 0 48495 0 COCA COLA CO COMMON STOCK COM 191216100 2270 53590 SH DFND 1,2,3 0 53590 0 COLUMBUS MCKINNON CORP/NY COM 199333105 1320 48793 SH DFND 1,2,3 0 48793 0 COMCAST CORP CL A SPL CL A 20030N200 5333 100000 SH DFND 1,2,3 0 100000 0 CON-WAY INC COM 205944101 1807 35850 SH DFND 1,2,3 0 35850 0 COVANTA HOLDING CORP COM 22282E102 6252 303339 SH DFND 1,2,3 0 303339 0 CRAY INC COM NEW 225223304 1695 63709 SH DFND 1,2,3 0 63709 0 DANA HOLDING CORP COM 235825205 1498 61349 SH DFND 1,2,3 0 61349 0 DEERE & CO COM 244199105 6384 70500 SH DFND 1,2,3 0 70500 0 DELTA AIR LINES INC COM NEW 247361702 8222 212340 SH DFND 1,2,3 0 212340 0 DENBURY RESOURCES INC COM 247916208 2861 155000 SH DFND 1,2,3 0 155000 0 DEVON ENERGY CORP COM 25179M103 4724 59500 SH DFND 1,2,3 0 59500 0 DIAMONDROCK HOSPITALITY CO COM 252784301 1356 105771 SH DFND 1,2,3 0 105771 0 DIODES INC COM 254543101 1464 50550 SH DFND 1,2,3 0 50550 0 DOW CHEMICAL CORP COMMON STOCK COM 260543103 1740 33820 SH DFND 1,2,3 0 33820 0 EMC CORPORATION COMMON STOCK COM 268648102 1580 60000 SH DFND 1,2,3 0 60000 0 ENBRIDGE ENERGY PARTNERS LP COM 29250R106 8125 220000 SH DFND 1,2,3 0 220000 0 EZCORP INC-CL A CL A 302301106 762 66000 SH DFND 1,2,3 0 66000 0 EXXON MOBIL CORP COM 30231G102 2666 26475 SH DFND 1,2,3 0 26475 0 FEDEX CORPORATION COM 31428X106 3785 25000 SH DFND 1,2,3 0 25000 0 FIRST CITIZENS BCSHS -CL A CL A 31946M103 722 2945 SH DFND 1,2,3 0 2945 0 FIRST HORIZON NATIONAL CORP COM 320517105 668 56300 SH DFND 1,2,3 0 56300 0 FIRST MIDWEST BANCORP INC/IL COM 320867104 1488 87375 SH DFND 1,2,3 0 87375 0 FOREST CITY ENTERPRISES-CL A CL A 345550107 3490 175625 SH DFND 1,2,3 0 175625 0 GENREAL MOTORS CO COM 37045V100 5661 155940 SH DFND 1,2,3 0 155940 0 GENERAL MOTORS-CW16 WARRANT 37045V118 1452 54576 SH DFND 1,2,3 0 54576 0 GENTIVA HEALTH SERVICES COM 37247A102 3336 221483 SH DFND 1,2,3 0 221483 0 GLOBAL CASH ACCESS INC COM 378967103 537 60316 SH DFND 1,2,3 0 60316 0 GOLDMAN SACHS GROUP INC COM 38141G104 2524 15075 SH DFND 1,2,3 0 15075 0 GOOGLE INC-CL A CL A 38259P508 547 935 SH DFND 1,2,3 0 935 0 GOVERNMENT PROPERTIES INCOME COM SHS BEN INT 38376A103 815 32100 SH DFND 1,2,3 0 32100 0 GRANITE REAL ESTATE INVESTMENT TRST UNIT 387437114 1388 37300 SH DFND 1,2,3 0 37300 0 GREAT PLAINS ENERGY INC COM 391164100 626 23300 SH DFND 1,2,3 0 23300 0 GRIFFON CORPORATION COM 398433102 1115 89919 SH DFND 1,2,3 0 89919 0 HARSCO CORP COM 415864107 719 27000 SH DFND 1,2,3 0 27000 0 HEALTH INSURANCE INNOVATIO-A COM CL A 42225K106 384 31200 SH DFND 1,2,3 0 31200 0 HEWLETT-PACKARED CO COMMON STOCK COM 428236103 6516 193480 SH DFND 1,2,3 0 193480 0 HOSPITALITY PROPERTIES TRUST COM SHS 44106M102 2047 67350 SH DFND 1,2,3 0 67350 0 ICONIX BRAND GROUP INC COM 451055107 872 20300 SH DFND 1,2,3 0 20300 0 INSIGHT ENTERPRISES INC COM 45765U103 1813 58968 SH DFND 1,2,3 0 58968 0 INORG CHEM NEC COM 45768S105 937 21698 SH DFND 1,2,3 0 21698 0 INTERNATIONAL BUSINESS MACHINE COMMON STOCK COM 459200101 4532 25000 SH DFND 1,2,3 0 25000 0 INTERPUBLIC GROUP COS COM 460690100 2854 146275 SH DFND 1,2,3 0 146275 0 JPMORGAN CHASE & COMPANY COM 46625H100 9863 171175 SH DFND 1,2,3 0 171175 0 JIVE SOFTWARE INC COM 47760A108 2063 242440 SH DFND 1,2,3 0 242440 0 JOHNSON & JOHNSON COMMON STOCK COM 478160104 5369 51315 SH DFND 1,2,3 0 51315 0 KAISER ALUMINUM CORP COM 483007704 729 10000 SH DFND 1,2,3 0 10000 0 KAPSTONE PAPER AND PACKAGING COM 48562P103 444 13400 SH DFND 1,2,3 0 13400 0 KRATOS DEFENSE & SECURITY COM NEW 50077B207 221 28300 SH DFND 1,2,3 0 28300 0 LEGG MASON INC COM 524901105 2811 54775 SH DFND 1,2,3 0 54775 0 LENNAR CORP - B SHS CL B 526057302 806 22680 SH DFND 1,2,3 0 22680 0 LEXMARK INTL GROUP INC-CL A CL A 529771107 636 13200 SH DFND 1,2,3 0 13200 0 LINCOLN NATIONAL CORP INDIANA COM 534187109 10031 195000 SH DFND 1,2,3 0 195000 0 MASONITE INTERNATIONAL CORP COM 575385109 2454 43625 SH DFND 1,2,3 0 43625 0 MATTHEWS INTL CORP-CLASS A CL A 577128101 1095 26350 SH DFND 1,2,3 0 26350 0 MERCER INTERNATIONAL INC COM 588056101 455 43300 SH DFND 1,2,3 0 43300 0 METLIFE INC COM 59156R108 8949 161075 SH DFND 1,2,3 0 161075 0 MICROSOFT CORP COM 594918104 15611 374376 SH DFND 1,2,3 0 374376 0 HERMAN MILLER INC COM 600544100 819 27075 SH DFND 1,2,3 0 27075 0 MILLER INDUSTRIES INC/TENN COM 600551204 275 13373 SH DFND 1,2,3 0 13373 0 MONSTER WORLDWIDE INC COM 611742107 1051 160675 SH DFND 1,2,3 0 160675 0 MORGAN STANLEY COM 617446448 2702 83575 SH DFND 1,2,3 0 83575 0 MUELLER WATER PRODUCTS INC-A COM 624758108 1021 118125 SH DFND 1,2,3 0 118125 0 MURPHY USA INC COM 626755102 1717 35125 SH DFND 1,2,3 0 35125 0 NRG ENERGY INC COM NEW 629377508 1281 34446 SH DFND 1,2,3 0 34446 0 NATL PENN BCSHS INC COM 637138108 1406 132900 SH DFND 1,2,3 0 132900 0 NELNET INC-CL A CL A 64031N108 327 7900 SH DFND 1,2,3 0 7900 0 NEWS CORP - CLASS A CL A 65249B109 3926 218815 SH DFND 1,2,3 0 218815 0 NEWS CORP - CLASS B CL B 65249B208 2020 115750 SH DFND 1,2,3 0 115750 0 NOVAGOLD RESOURCES INC COM NEW 66987E206 932 221363 SH DFND 1,2,3 0 221363 0 OCI PARTNERS LP COM UNIT REP LP 67091N108 2125 100000 SH DFND 1,2,3 0 100000 0 OCCIDENTAL PETROLEUM COM 674599105 11633 113345 SH DFND 1,2,3 0 113345 0 OMNICOM GROUP COM 681919106 1446 20300 SH DFND 1,2,3 0 20300 0 ON SEMICONDUCTOR CORPORATION COM 682189105 4486 490825 SH DFND 1,2,3 0 490825 0 ORACLE CORP COM 68389X105 12958 319725 SH DFND 1,2,3 0 319725 0 OWENS CORNING COM 690742101 1758 45450 SH DFND 1,2,3 0 45450 0 PG&E CORPORATION COM 69331C108 2177 45330 SH DFND 1,2,3 0 45330 0 PHH CORP COM 693320202 998 43425 SH DFND 1,2,3 0 43425 0 PNC FINANCIAL SERVICES GROUP COM 693475105 2678 30069 SH DFND 1,2,3 0 30069 0 PARK STERLING CORP COM 70086Y105 586 88966 SH DFND 1,2,3 0 88966 0 PARKER HANNIFIN CORP COM 701094104 1880 14950 SH DFND 1,2,3 0 14950 0 PETROLOGISTICS LP UNIT LTD PTH INT 71672U101 4452 310000 SH DFND 1,2,3 0 310000 0 PFIZER INC COMMON STOCK COM 717081103 13377 450721 SH DFND 1,2,3 0 450721 0 PHOTOMEDEX INC COM 719358301 1283 104770 SH DFND 1,2,3 0 104770 0 PIONEER NATURAL RESOURCES CO COM 723787107 6664 29000 SH DFND 1,2,3 0 29000 0 PIPER JAFFRAY COS COM 724078100 1885 36420 SH DFND 1,2,3 0 36420 0 PORTLAND GENERAL ELECTRIC COM 736508847 440 12700 SH DFND 1,2,3 0 12700 0 PRIMERICA INC COM 74164M108 1309 27356 SH DFND 1,2,3 0 27356 0 PULTE CORP COM 745867101 4939 245000 SH DFND 1,2,3 0 245000 0 QEP MIDSTREAM PARTNERS LP COM UNIT RP LTD 74735R115 3106 120616 SH DFND 1,2,3 0 120616 0 REINSURANCE GROUP OF AMERICA COM NEW 759351604 1894 24000 SH DFND 1,2,3 0 24000 0 RENT-A-CENTER INC COM 76009N100 2584 90100 SH DFND 1,2,3 0 90100 0 RENTECH NITROGEN PARTNERS LP COM 760113100 6896 406148 SH DFND 1,2,3 0 406148 0 ROYAL DUTCH SHELL PLC-ADR SPONSORED ADR 780259206 3668 44532 SH DFND 1,2,3 0 44532 0 SPDR GOLD TRUST SHS 78463V107 32010 250000 SH DFND 1,2,3 0 250000 0 SCHNITZER STEEL INDS INC-A CL A 806882106 1008 38650 SH DFND 1,2,3 0 38650 0 SCIENCE APPLICATIONS INTE COM 808625107 548 12400 SH DFND 1,2,3 0 12400 0 STAPLES INC COM 855030102 2866 264428 SH DFND 1,2,3 0 264428 0 STATE STREET CORP COM 857477103 2672 39725 SH DFND 1,2,3 0 39725 0 STONERIDGE INC COM 86183P102 1061 99000 SH DFND 1,2,3 0 99000 0 SUPERIOR ENERGY SERVICES INC COM 868157108 3701 102400 SH DFND 1,2,3 0 102400 0 TCF FINANCIAL CORP COM 872275102 1334 81500 SH DFND 1,2,3 0 81500 0 TRW AUTOMOTIVE HOLDINGS CORP COM 87264S106 2798 31250 SH DFND 1,2,3 0 31250 0 TENET HEALTHCARE CORP COM NEW 88033G407 311 6625 SH DFND 1,2,3 0 6625 0 TEREX CORP COM 880779103 2094 50950 SH DFND 1,2,3 0 50950 0 TEVA PHARMACEUTICAL-SP ADR COM 881624209 1892 36090 SH DFND 1,2,3 0 36090 0 TETRA TECH INC COM 88162G103 1733 63025 SH DFND 1,2,3 0 63025 0 THERMO FISHER SCIENTIFIC INC COMMON STOCK COM 883556102 644 5458 SH DFND 1,2,3 0 5458 0 TITAN MACHINERY INC COM 88830R101 462 28073 SH DFND 1,2,3 0 28073 0 TRAVELERS COS INC/THE COM 89417E109 9407 100000 SH DFND 1,2,3 0 100000 0 TUPPERWARE CORP COM 899896104 703 8400 SH DFND 1,2,3 0 8400 0 TUTOR PERINI CORP COM 901109108 1153 36325 SH DFND 1,2,3 0 36325 0 UFP TECHNOLOGIES INC COM 902673102 293 12143 SH DFND 1,2,3 0 12143 0 URS CORP COM 903236107 2223 48475 SH DFND 1,2,3 0 48475 0 UAL CORP COM 910047109 3286 80000 SH DFND 1,2,3 0 80000 0 UNITED STATIONERS INC COM 913004107 1810 43650 SH DFND 1,2,3 0 43650 0 VCA INC COM 918194101 573 16325 SH DFND 1,2,3 0 16325 0 VIRTUS INVESTMENT PARTNERS COM 92828Q109 2286 10795 SH DFND 1,2,3 0 10795 0 WSFS FINANCIAL CORP COM 929328102 554 7525 SH DFND 1,2,3 0 7525 0 WALTER INDUSTRIES INC COM 93317Q105 673 123419 SH DFND 1,2,3 0 123419 0 WEBSTER FINANCIAL CORP COM 947890109 1369 43400 SH DFND 1,2,3 0 43400 0 WELLCARE GROUP INC COM 94946T106 1356 18160 SH DFND 1,2,3 0 18160 0 WET SEAL INC/THE CLASS A CL A 961840105 64 70400 SH DFND 1,2,3 0 70400 0 WILEY (JOHN) & SONS-CLASS A CL A 968223206 300 4948 SH DFND 1,2,3 0 4948 0 WPX ENERGY INC-W/I COM 98212B103 3972 166126 SH DFND 1,2,3 0 166126 0 ARGO GROUP INTERNATIONAL COM G0464B107 1238 24225 SH DFND 1,2,3 0 24225 0 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 846 18625 SH DFND 1,2,3 0 18625 0 EATON CORP PLC SHS G29183103 3733 48370 SH DFND 1,2,3 0 48370 0 ENDO INTERNATIONAL PLC SHS G30401106 642 9167 SH DFND 1,2,3 0 9167 0 ENSCO INTERNATIONAL PLC SHS CL A G3157S106 3056 55000 SH DFND 1,2,3 0 55000 0 PARTNERRE LTD COM G6852T105 2222 20350 SH DFND 1,2,3 0 20350 0 ROWAN COS INC (FORMERLY ROWAN DRILLING) SHS CL A G7665A101 2075 65000 SH DFND 1,2,3 0 65000 0 XL GROUP PLC SHS G98290102 168 5132 SH DFND 1,2,3 0 5132 0 OCEAN RIG UDW INC SHS Y64354205 1799 95044 SH DFND 1,2,3 0 95044 0 MOELIS & CO CL A 60786M105 14677 436675 SH DFND 1,2,3 0 436675 0 KBR INC COM 48242W106 1011 42400 SH DFND 1,2,3 0 42400 0 VOYA FINANCIAL INC COM 929089100 2670 73475 SH DFND 1,2,3 0 73475 0 DRESSER-RAND GROUP INC COM 261608103 2345 36790 SH DFND 1,2,3 0 36790 0 GOOGLE INC-CL C CL C 38259P706 538 935 SH DFND 1,2,3 0 935 0 HERTZ GLOBAL HOLDINGS INC COM 42805T105 2153 76809 SH DFND 1,2,3 0 76809 0 MEDTRONIC INC COM 585055106 2336 36645 SH DFND 1,2,3 0 36645 0 NEWCASTLE INVESTMENT CORP COM 65105M108 2548 532020 SH DFND 1,2,3 0 532020 0 PPL CORPORATION COM 69351T106 2292 64520 SH DFND 1,2,3 0 64520 0 PINNACLE FOODS INC COM 72348P104 1580 48020 SH DFND 1,2,3 0 48020 0 SIRIUS XM HOLDINGS INC COM 82968B103 2362 682730 SH DFND 1,2,3 0 682730 0 TECK COMINCO LTD-CL B CL B 878742204 1101 48220 SH DFND 1,2,3 0 48220 0 DR HORTON INC COM 23331A109 2778 113000 SH DFND 1,2,3 0 113000 0 KB HOME COM 48666K109 1868 100000 SH DFND 1,2,3 0 100000 0 RYLAND GROUP INC COM 783764103 1025 26000 SH DFND 1,2,3 0 26000 0 SANDISK CORP COM 80004C101 3759 36000 SH DFND 1,2,3 0 36000 0 STANDARD PACIFIC CORP COM 85375C101 2709 315000 SH DFND 1,2,3 0 315000 0 UNUMPROVIDENT CORP. COM 91529Y106 869 25000 SH DFND 1,2,3 0 25000 0 GIBRALTAR INDUSTRIES INC COM 374689107 544 35050 SH DFND 1,2,3 0 35050 0 SYMETRA FINANCIAL CORP COM 87151Q106 907 39900 SH DFND 1,2,3 0 39900 0 SYNOVUS FINANCIAL CORP COM 87161C501 1376 56446 SH DFND 1,2,3 0 56446 0 TECH DATA CORP COM 878237106 1760 28150 SH DFND 1,2,3 0 28150 0 ENDURANCE SPECIALTY HOLDINGS SHS G30397106 540 10475 SH DFND 1,2,3 0 10475 0 INTEL CORP COM 458140100 2124 68725 SH DFND 1,2,3 0 68725 0 LAMAR ADVERTISING CO CL A 512815101 2688 50725 SH DFND 1,2,3 0 50725 0