Okay, let's review the cash flow calculations we just did in Excel. On our left, we have the standard cash flow statement and pretty much every calculation we did was pulled out of that cash flow statement. We started with operating cash flow that's straight from the cash flow statement. Funds from operations nixes out the impact of changes in operating working capital, that's 36.9 in our calculation. Free operating cash flow is your operating cash flow take away Capex, and in this case that's a negative 6.8. Your levered cash flow, LCF, is your operating cash flow minus your investing cash flow minus debt repayments and that's also a negative number, 13.7. Finally, we look at the cash conversion, operating cash flow compared to EBITDA. In this case, it's a low 31.8%. And I would say, this low cash conversion here is a problem.