Ann: FY20 results guidance met, Results date, Banking Facility, page-3

you a correct except you forgot Sky also have 100 million of issued bonds SKT020 corporate bonds maturing on 31 March 2021.

so Sky’s cash is 118 million, net debt/cash is now 18 million cash after deducting the corporate bonds.

so since the completion of the capital raise they have generated roughly cash inflow of 29 million.

18 million + @ post raising they forecasted a modest net debt position of 11 million = 29 million

The other bit to note is @ 31 Dec 2019 Net debt was 213 million so since the end of December they have been able to eliminate debt albeit with a capital injection of 148 million (148 million after fees).

i would also believe some of the cash they received over this period was from the Govt in the form of wage subsidy although how much SKT received, I have no idea until we get to the annual report.