Hmm, it's not quite as simple as that. We didn't actually lose £3m of assets 'we' sold them and received money in exchange. If that reduced the debts then the net value of the enterprise on the balance sheet is approximately the same. It depends on what the book value of the assets was before we sold them. But all this does of course affect the negotiations for the sale of the business and is tied up with what the admistrator, and ultimately the creditors, would accept and what the purchaser was willing to pay.