The problem with looking at "There for its better to look at the EPS" is that the EPS you are looking at is partly historical, but to a larger degree based on assumptions of unknown future financial performance.
One thing is for certain, the future financials are going to be bad. How bad is the million dollar question.
When the banks extended their loans I think it is wishful thinking they did so on the basis the RFG business "looks very healthy".
Truth is it was more likely a case of "your profile and performance sucks", but we will give you a 12 month extension of your facilities to improve things otherwise we are pulling the plug.
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