Under Directional, the significant activity in Turnkey related to FPSO Liza Destiny, as well as FPSO Liza Unity, is not reflected in EBITDA for the period as these are treated as operating leases and hence are booked in capital expenditure on the balance sheet. These projects will generate revenues, margin and operating cash flow in Lease and Operate starting at first oil, which FPSO Liza Destiny reached in 2019 near year end. The gain on the sale to the client, which is anticipated after a period of up to two years of operations on both vessels, will be booked in Turnkey. Funding and Directional Net Debt As at the end of 2019, the Company's US$1 billion Revolving Credit Facility (RCF) remained undrawn. On February 5, 2020, SBM Offshore obtained lenders' consent for a 1 year extension of the RCF, bringing the maturity to February 13, 2025.