The Company has normal course requirements for capital to assist in the repayment of the principal portion of debt and to finance capital expenditures in its hotel properties. In the long term these requirements must be funded from operations, from new capital such as equity or increased borrowings, or from the sale of assets. During the first nine months of 2006, continuing operations generated cash of $1.2 million, as compared to $0.5 million absorbed in 2005. Net repayments of third-party debt and capital leases absorbed $0.3 million, compared to $4.2 million in 2005. The 2005 figure included a repayment of $3.0 million of bank debt which was funded through a loan of an equivalent amount from the majority shareholder. Cash from discontinued operations for the period was $0.2 million, a decrease from $1.5 million in 2005. Of third-party debt currently subject to normal blended payments of interest and principal (including the new loan facility refinanced during the prior quarter), approximately $1.0 million of principal repayments become due in the next twelve months. The Company expects to fund these repayments from cash flow from operations.