Ann: Sale of Asakusa Vista Hotel, Tokyo , page-10

You're talking about if they company followed through the divestment at 2013 as planned. By selling now liabilities are reduced by 3 to 4 million.

At this point we have:
910 million yes at 5.4% discount. Sold early meaning reduced liabilities.
1050 million yen at 19% discount.

If we sell at 10% discount in EOFY 2013, we break even.

So yes, it is bad, but not hopeless yet.

We owe UBS 5 million, which is about 390 million Japanese yen.