Do we have to buy the debt, too?

no details of the debt. budgeted turnover of £3.5m for 2004 - more than last wednesday's back-of-the-fag-packet calculation, rob.

Yeah, I've seen "budgetted turnover" before! My company was liquidated on the back of a "budgetted turnover". That's an *average* of 500 people a day spending at least £20 each. They'll be lucky. It ain't turnover 'til it's turned over!

Rob, you're making the rather blinkered assumption that all the revenue comes from climbers coming for a day's climbing. In addition to the climbing, there are many other activities based at Ratho. The Skyride, at £7.50 a pop brings in more than a few pennies. There's overnight accomodation, conferences and courses, a gym and health facility type thingy, physiotherapy suite, scuba and judo, a branch of Tisos. This is no ordinary climbing wall. Mind you, £3.5M does look a bit optimistic.