NADH and FADH2 oxidised to NAD and FAD in the marix by electron carrier proteins in the inter mitochondrial membrane.This liberates H+ ions and excites electrons which pass down the electron tansport chain (ETC).The excited electrons' energy is used to actively transport H+ ions across the inter mitochondrial membrane into the intermembrane space so the concentration of H+ ions is higher in the intermembrane space than in the matrix.Chemiosmosis of H+ ions through ATP synthase produces ATP from ADP and a lone phosphate group.At the end of the ETC, the electrons react with H+ ions and Oxygen to form water; 2H+ + 2e- + 1/2O2 = H2O.The coenzymes NAD and FAD are then reduced again in gylcolysis and the Kreb's Cycle therefore acting as proton transporters.