In order to make some debt repayments, we firstly need to calculate how much cash we have available and can use to repay that debt. So we start off with operating cash flow and then we add or subtract onto that any investing cash flow. From that, we then need to subtract any dividends paid and what that will give us, is the cash flow for the year for debt service. However, that's not your total cash available. You may have had some cash from the beginning of the year. So we add on beginning cash and cash equivalence, and that gets us now to our cash position. Cash available for debt service. From here, we can now repay some debt. And then finally, get down to our cash surplus figure. Assuming it is a cash surplus then that will be the same figure at the bottom of your cash flow statements and in your balance sheets. Alternatively, if the debt repayments is taking your cash level below zero then you'll now have a revolver requirement or a short-term borrowing requirement.