I converted the following figures as %
Revenue -46%
EBITDA -105%
Adjusted EBITDA -90%
Net cash flows -87%
(I added short position today)
2014 first quarter financial results:
• Revenue of $197 million (1Q 2013: $370 million)
• Statutory negative EBITDA of $2 million (1Q 2013: positive EBITDA of $35 million)
• Adjusted1
EBITDA of $4 million (1Q 2013: $40 million)
• Net cash flows used by operating activities of $6 million (1Q 2013: $47 million)
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