Cash inthe bank5 Oct 2014 12:57
Cash and cash equivalents of €3.0m (FY 2013: €4.5m) not including the proceeds of €1.9m received in July 2014 from the placing and open offer
4.9 million euros.
Second half improving in both Africa and America should see CCE breakeven or in profit.
As with 2013, we do continue to expect to see seasonality in the revenue from power generated from the Jerome facility with the second half of the year benefiting from the higher prices set out in the power purchase agreement. We also anticipate this being the case with the Twin Falls Facility.