clarification needed

appparently explained in 1.24(2).Pre shipment advances to be treated as borrowings therefore year to date receipts(12 months)were adjusted "to reflect gross cash flows of sales receipts and borrowings rather than cash flows from sales net of debt repayments".I take it to mean the year to date(12 months) includes advances(Borrowings)from Noble. Co.secretary also said full disclosure and transparency from now on