Our first step will be to fill in some of the transaction terms that come from the key assumptions on the LBO tab of this model. So, we're gonna be working with transaction based on historic EBITDA. Now, we're calling it historic EBITDA, meaning that it is a trailing EBITDA number. This can also be an LTM EBITDA. Typically, it is an LTM EBITDA, because deals generally don't happen to fall at fiscal year end. They tend to fall mid-year, in which case, we want the most recent earnings. But for this model, we do have a deal that's being based off of historical earnings, historical year end earnings, so we're going to use the historical EBITDA, and that is going to come from our income statement tab in F14. We have an EV to LTM, or historic EBITDA multiple, which is the price that was paid for the company as a whole, including the debt, and that's 7.5x. So we will take that 7.5 and apply it to the EBITDA to get the value of the overall transaction. So the next thing we'll have to do is we'll have to figure out what that means in terms of an equity value, so we will go and back out the net debt as of the deal date, again, end of 2015. So we will go to the balance sheet and total up the debt on the balance sheet. And in this case, we've got a revolver, and I think I'll do this as a sum function. We've got a revolver. We've got total long-term debt, 197.1, and then we're going to back out the cash. Now, there's some other debt listed here. If I go back to my balance sheet, you'll see that there are some rows for other debt here, but this is gonna be the deal debt, and we're gonna build a consolidated or deal balance sheet in a moment. So, I'll leave that for now. But as far as the other debt instruments that exist prior to the transaction that are going to be refinanced, there's only the existing long-term debt and the revolver, as well as the cash of 50.1. So going back to my LBO page now, I can calculate my equity value by simply netting my net debt from my acquisition EV. The remaining assumptions here we'll just go over. We have an assumption here for the PP&E valuation uplift, so this is essentially going to be a part of our sale leaseback option, which we will model later. We have, in this particular transaction, the opportunity to do a sale leaseback because Debenhams is a retailer with significant real estate portfolio that the private equity sponsors believed had value on its own, separate from the operating value of the company. So we have some terms here for that. There's going to be a loan that's associated with the sale leaseback of the property, that's gonna be valued at an LTV of 75%. Loan to value is how real estate loans are valued. And then we have a lease term assigned with the leaseback portion of the real estate at 25 years and an interest rate on that lease of 9%, and that's gonna help us calculate what the payments will be to the new owner of the property. And then over to the right, we have enterprise value. We have the fees, the advisory fees, which are based on enterprise value. Those will be paid to other advisors of the transaction, typically investment banks. Then we've also got some financing terms here for the debt that we will raise through the markets, the bank and bond. And then we've also got some terms for the exit year and an assumption for our cash sweep, which we will apply 75% of to the appropriate tranches of debt tax rate. And then, the management finance rate and the management reinvestment rate, these will factor into the calculation of the management returns toward the end of the model.