Q1 2014 Financial summary
§ Revenues from continuing operations of EUR 173 million,
down 18%.
§ Coking coal average realised price of EUR 91/t,
down 12%; Thermal coal average realised price of EUR 60/t,
down 6%.
§ Cash mining unit costs1 of EUR 66/t,
down 23% (18% on a constant currency basis) on 4% higher production.
§ Selling and administrative expenses from continuing operations
down 15% to EUR 36 million.
§ EBITDA from continuing operations of EUR 10 million.
§ Basic loss from continuing operations per A share of EUR (0.10).
§ Net debt of EUR 651 million, including cash of EUR 159 million.
§ Capital restructure negotiations continue with an expected resolution by the
end of 2014.
New World Resources - Regulatory News Announcement