The Eden Project is £4m in debt due to a 20% fall in visitors over the past year.
Its accounts show turnover for the year to March was £18.3m, which is a fall of £4m on the previous year, and £8.7m accumulated losses over the three years.
The scheme, which has generated inward investment of £500m, has announced a further £33m of development, to be funded by the Millennium Commission, the European Regional Development Fund and the South West Regional Development Agency.
References: The Mail on Sunday, 14/11/04, page 4 (Financial Mail)