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CINEWORLD GROUP plc Interim Results for the period ended 30 June 2021 Cineworld Group plc ( " the Group " ) , a leading cinema operator in 10 countries including the United States and the United Kingdom with 759 sites and 9,269 screens globally , presents its interim results for the six - month period ended 30 June 2021. These results are presented in US Dollars . Cineworld has delivered a resilient performance in a very challenging market , strengthening its liquidity position and continuing to demonstrate tight control over its operating costs and cash usage . The Group is in a strong position to benefit from the expected industry recovery . Summary • • • • Outlook The Group's results for the period include a period of temporary closures from January to April / May 2021 due to COVID- 19 restrictions and limited film slate Group revenue of $ 292.8m ( H1 2020 : $ 712.4m ) and Group Adjusted EBITDA loss of $ 21.1m ( H1 2020 : profit of $ 53.0m ) for the period was severely impacted by these closures Operating loss of $ 208.9m ( H1 2020 : loss of $ 1,340.9m ) which has been reduced by asset impairment reversals of $ 95.6m resulting from lease modifications Cash burn ( 4 ) of $ 271.0m during the period , averaging approximately $ 45.0m per month , supported by positive working capital in June . Total period cash burn of $ 66.6m after tax receipt of $ 204.4m in the US Net external borrowings less cash were $ 4,632.9m up from $ 4,552.0m at 31 December 2020 Cash of $ 436.5m at June 2021 , further strengthened by an additional term loan with principal value of $ 200m raised in July 2021 • Estate now reopened and majority of capacity restrictions lifted in the US and in the UK since 21 July • Gradual recovery of admissions and demand since re - opening , supported by strong retail sales • • Anticipate strong trading in Q4 supported by a strong film slate and pent - up demand for affordable out - of - home entertainment , subject to COVID - 19 situation Decisive action taken during the pandemic to ensure Cineworld emerges as a stronger business well placed for the future Key Financial Information Admissions Revenue Adjusted EBITDA ( 1 ) Reported results for the 6 months ended 30 June 2021 ( under IFRS 16 ) 14.1m Reported results for the 6 months ended 30 June 2020 ( under IFRS 16 ) 2021 Reported results vs.2020 47.5m ( 70.3 % ) Non - statutory results for the 6 months ended 30 June 2021 ( under IAS 17 ) ( 2 ) 14.1m Non - statutory results for the 6 months ended 30 June 2020 ( under IAS 17 ) 47.5m $ 292.8m $ 712.4m ( 58.9 % ) ( $ 21.1m ) $ 53.0m ( 139.8 % ) $ 292.8m ( $ 268.6m ) $ 712.4m ( $ 237.0m ) Adjusted EBITDAAL ( 3 ) ( $ 103.4m ) ( $ 113.3m ) Loss before tax ( $ 576.4m ) ( $ 1,644.7m ) Adjusted loss before tax ( 1 ) ( $ 658.5m ) ( $ 567.7m ) Loss after tax ( $ 515.2m ) ( $ 1,582.5m ) Adjusted loss after tax ( 1 ) ( $ 581.8m ) ( $ 436.0m ) Basic EPS ( 37.5c ) ( 115.3c ) Diluted EPS ( 37.5c ) ( 115.3c ) Adjusted diluted EPS ( 1 ) ( 42.4c ) ( 31.8c ) ( 1 ) Refer to Notes 2 and 6 for the full definition and reconciliation . ( 2 ) ( 3 ) ( 4 ) IAS 17 measures are presented as certain performance and reporting obligations continue to be tested on this basis . Adjusted EBITDAaL is defined as Adjusted EBITDA less payment of lease liabilities in the period . Cash burn is defined as cash used in operations net of ; payment of lease liabilities , cash flows from acquisition of property , plant and equipment , landlord contributions received , interest paid and interest received .