KBL Liabilities

In an effort to clarify, I have taken the table below from the 1/2 yearly report

	Column 1	Column 2	Column 3	Column 4
0	Current Liabilities		31-12-15	30-06-15
1	Trade and other payables		$17,544,153	$9,838,128
2	Financial liabilities		$9,347,432	$2,925,414
3	Deferred revenue		$3,675,147	$3,988,485
4	Provisions		$459,296	3 97,8 65
5	Totalcurrent liabilites		$31,026,028	$17,149,892
6
7	Non-current liabilities
8	Financial iablites		$1,905,285	$1,723,834
9	Provisions		$684,488	$645,115
10	Deferred revenue		$26,897,238	$18,251,098
11	Convert ble notes		10, 524,332	10,524,3 3 2
12	Totalnon-current liabilities		$40,011,343	$31,144,379
13	Total liabilities		$71,037,371	$48,294,271
14	Net assets		-$328,321	$8,307,762

Even if you allow a debt reduction of $1m a month since December and a further $3m satisfied by issuing shares and let's not count additional debt that the company has taken on you still get to a minimum of $60m in debt of which 23m is streaming and 37m has to be found out of profit or capital