21. Last year, he borrowed his operating capital from a local bank and intends to do the same this year. 22. The report also showed a negative cash flow and operating capital , with liabilities exceeding assets by $ 1.3 million. 23. "The cash will be used to take down some debt and give us some operating capital , " he said. 24. The original Icebox . com shut down in February 2001 after the company failed to secure additional operating capital . 25. In April, the Central Bank suspended Scotiabank Quilmes'operations until it restores its operating capital and cash reserves to required levels. 26. The arrangement allows Clayton, Dubilier to use some of the firm's excess operating capital to pay down debt, Allwin said, 27. The company intends to raise operating capital with a private placement in February or March of next year, he said. 28. All this was devastating to most foreign companies, which in effect had been robbed of their profit or operating capital . 29. So far, the auctions have raised " millions of dollars " that will be used for operating capital , she said. 30. However, heavy debts and a lack of operating capital continued to hinder the economic efficiency of enterprises, the bureau said.
