Hwange Colliery Company Limited announced audited earnings and operating results for the year ended December 31, 2014. For the year, the company reported revenue was USD 72,031,451 against USD 71,540,667 a year ago. Operating loss before interest and tax was USD 51,540,220 against USD 40,375,715 a year ago. Loss before tax was USD 55,692,907 against USD 44,722,807 a year ago. Loss for the year was USD 37,193,061 against USD 31,614,027 a year ago. Attributable loss per diluted share was USD 0.20 against USD 0.17 a year ago. Headline loss per share - diluted was USD 0.19 against USD 0.17 a year ago. Net cash flows generated from operating activities was USD 14,218,761 against USD 28,459,785 a year ago. Acquisition of property, plant and equipment was USD 346,840 against USD 22,993,932 a year ago.

For the year, the company reported HPS coal was 996,200 metric tonnes against 924,659 metric tonnes a year ago. HCC/HIC coal was 439,909 metric tonnes against 393,408 metric tonnes a year ago. Coal fines was 242,802 metric tonnes against 201,610 metric tonnes a year ago. Total coal was 1,678,911 metric tonnes against 1,519,677 a year ago. Coke (Incl breeze) was 13,070 metric tonnes against 82,510 metric tonnes a year ago. Total operating results was 1,691,981 metric tonnes against 1,602,187 metric tonnes a year ago.