XXI Century announces 2010 IFRS financials
4 July 2011
XXI Century (AIM: XXIC LN) published its 2010 IFRS financials on the London Stock Exchange on Friday. Revenues decrease by 40% y-o-y to USD 10.4 mln, net loss increase by 29% to USD 53.3 mln. At year end net assets value amounted USD 410.5 mln (vs. a USD 116 mln in 2009). In early 2011 the company restructured USD 175 mln worth of debt by converting notes into equity capital
