Markets are fairly soft at the moment.The net result was really...

Markets are fairly soft at the moment.The net result was really a break even because of the write down of derivatives hedge accounting which gives a result of -$82k.Not sure what the derivatives is?The operating cashflow was $1.5 million however trade payables was up by $2 million and trade receivables was up $1 million(net payables/receivables $1million).If the company is performing well the overall picture will show up in the movement of net assets and this figure takes into consideration all of the balance sheet items.That figure was up by $1 million which was how much they raised $1 million so that ties in with the the break even including derivatives.One positive is they got rid of the $1.7 million borrowings.