Don't forget they are spending £20m on the terminal. What have they spent so far? £10m maybe since they are half way through.So they absorbed £10m extra ordinary spend and still EBITA is up
That £10-£20-£80m or whatever will be capitalised so it is excluded from the EBITDA calculation (it will appear spead over a number of subsequent years as depreciation - which is excluded from EBITDA).