WIP Quindell PSD acquisition, page-373

Expressed in that context, yes. But if not, then, no. That's why 2 pieces of information will be very interesting for H16:
* movement in creditor days
* value of Payables at December 31 bearing in mind that (current) Payables at June 30 were $636M, of which:
* Legal Creditors - $336M
* Trade Creditors - $281M
* Vendor Creditors - $19M

Unfortunately, this was not how SGH was explaining itself on November 20, or since. Again, badly let down by Investor Relations who, whilst good at managing social media content, are extremely poor at attending to investor, shareholder, mainstream or financial media content.