{if $material_visible_new=='Yes'}
{**$categories|print_r**}

<ul id="material" class="three_left">    
    {assign var="count3" value=0}
{foreach from=$categories item="category" name="cat"}
{if $category.parent == 68}
<li>
<a href="{$category.category_url}"><span>{$category.name}  {if !empty($category.children)} <b>&raquo;</b> {/if}</span></a>
        {math equation="x+1" assign="count3" x=$count3} 
{if !empty($category.children)}
{*$category.children|@print_r*}
<ul id="material" class="three_left">
{assign var="categories" value=$category.children}
{include file="templates/panels/includes/panel-catalog-categories-item2.html"}
</ul>
{/if}
</li>   
    {/if}
{/foreach}
</ul>
    {/if}