Ann: Chairman's Letter to Shareholders, page-14

So trade receivables have dropped by $58k between the two year ends. However there was a drop of $3m in cash receipts mainly due to collection of debts between March and June 2022. If this happened then I would expect trade receivables to increase as at June 2022. If the work was also completed by LVT but not billed then I would also expect accrued revenue to increase but it’s decreased too.