diff --git a/applications/examples/controllers/appadmin.py b/applications/examples/controllers/appadmin.py
index 73303f535..a602a95c5 100644
--- a/applications/examples/controllers/appadmin.py
+++ b/applications/examples/controllers/appadmin.py
@@ -465,6 +465,7 @@ def GetInHMS(seconds):
             ram['keys'].append((key, GetInHMS(time.time() - value[0])))
 
         for key in cache.disk.storage:
+            value = cache.disk.storage[key]
             if key == 'web2py_cache_statistics' and isinstance(value[1], dict):
                 disk['hits'] = value[1]['hit_total'] - value[1]['misses']
                 disk['misses'] = value[1]['misses']