Nick Clegg's negotiating notes?

The Guardian have a oddly angled photo of Nick Clegg's notes and claim to have deciphered them. Here's what they say the notes are:
'Red Lines - Europe... Immig... Trident'

'AV - 'wider constitutional convention... referendum'

'Money - Hayden Phillips etc.'

'Fixed Term - Timing...'

'Posts - Ratios... Me'

'MPs...'

Do read the whole Guardian article it's fascinating, especially if the rumours about what concessions Nick Clegg has wrung from David Cameron.