New Gold

"Development capital costs of $1,865 millioninclusive of a$190 millioncontingency.
...and all-in sustaining costs(2)of$685per ounce"

Question: Does the all in sustaining cost include the development capital cost? "All in" implies that it does, but the all in number is only $130 more than the cash costs. It doesn't seem to be enough to include up front capital cost.

WP