At 31 December 20X1, Vestrame is testing the value in use of its packaging division. In November 20X1, it finalised and announced to its employees a plan to merge two sites; its legal department concludes that it is committed to the plan within the meaning of IAS 37, and a provision of 900,000 has been recognised. The most recent budget approved by management forecasts annual savings of 300,000 in rent and staff costs from 20X2. The controller proposes two other plans that are only under study: outsourcing maintenance (estimated savings of 120,000 a year) and an additional printing line. Which construction of the cash flows is correct?