I think they mention net debt of 80.5m as the difference between...

I think they mention net debt of 80.5m as the difference between the non current borrowings of 95.185m and the cash of 13.439m , They owe a lot of money to their creditors , some 193m and only getting 100m in recievables. Total liabilities are scary at 369m when they have only around 132m in cash/recievables and investments.

Its a basket case imo. Best they take any offer thrown at them.




Cash and cash equivalents 13,439 ,000
Receivables 100,677,000
Investments 17,644,000

Payables 154,439,000
Provisions 42,320,000
Derivative financial instruments 482,000

Total Current Liabilities 197,241,000

Non‐Current Liabilities
Payables 49,283,000
Borrowings 95,185,000
Derivative financial instruments 4,166,000
Deferred tax liabilities 561,000
Provisions 22,599,000

Total Non‐Current Liabilities 171,794,000

Total Liabilities 369,035,000