RE:RE:RE:RE:CNE Total Debt
Note 6: "At March 31, 2015, restricted cash consisted of $47.4 million of term deposits used as collateral to secure the Ecuador IPC’s borrowings (classified as non-current), $8.2 million for work commitments and other capital commitments ($5.4 million classified as current; $2.8 million classified as non-current), and $18.7 million held in a debt reserve account as required under its senior secured term loan (classified as non-current)." Obviosly the $18.7 M restricted cash can be used to pay the term loan, so when calculating the net debt, this $18.7 M should be deducted from the long term debt. When the term loan matures, the restricted cash will be free cash.