"In FY 16 $190 mil came in and about $100mil went out. Of the...

"In FY 16 $190 mil came in and about $100mil went out. Of the $190mil in about $160mil was management fees and sale of land to investors, $30 mil was sale of products, oil and timber. So now the trees are maturing you have to replace the revenue stream of selling land to investors to selling product,"

can you explain how $100m went out? because they raised $94m in debt and equity and cash only increased by $34m. That's $60m of cash consumed by the business.