# The Department of Public Enterprises says the challenge for Denel is in securing funding for its restructuring, restarting of operations, and meeting its short-term obligations including salaries. The state-owned arms manufacturer’s bonds have been suspended from the JSE due to its failure to release an annual report that is now three months overdue. The department says Denel had been unable to produce its annual financial statements due to uncertain going concern status as efforts to recapitalise the business remain fruitless.