EDC plays a huge role in our exports by helping us cover our receivables. But again, we're still financing this for 18 months.
Actually, this 18-month PPAP was begun, to my recollection, by one tool shop in this city that was trying to put up some huge numbers. Because they wanted to get the huge numbers, they would say,“You don't have to pay us for 18 months.” Once they got a flavour for this, they just continued it. That same shop is in great difficulty today.
The 18 months is something the banks have to learn to deal with. The banks will only take so much risk. They'll share the risk, but it has to be shared even more by the banks. The banks only do things when they're completely secure and have no risk at all.