It's the $120million flood.
An initial assessment of the economic impact around the region has put the estimated cost of flood recovery at $120million.
Horizons Regional Council recovery manager Ged Shirley said the estimate included social, built and economic costs to business - but it did not include costs to the rural sector.
"There is some remarkable progress being made to restore access and infrastructure right across the region," Mr Shirley said.
"The rural sector assessment will take some time as much of the land is still underwater or in isolated parts of the region.