Tallinna Vesi AS Class A · OMXTSE:TVE1T

Tallinna Vesi AS Class A — AS Tallinna Vesi — FY2009 Earnings Presentation

8 slides from Tallinna Vesi AS Class A's earnings presentation, Jan 29, 2010

  1. Slide 1: AS Tallinna Vesi Interim results 12 months ended 31 December 2009

    AS Tallinna Vesi Interim results 12 months ended 31 December 2009 29 January 2010

  2. Slide 2: Speakers

    Speakers Ian Plenderleith CEO, Chairman of the Management Board Stephen Howard CFO, Member of the Management Board

  3. Slide 3: Highlights – twelve months of 2009

    Highlights – twelve months of 2009 Sales from main operating activity increased by 7.3% 9.8% increase in operating profit from main business Highest Ever Water Quality compliance – 99,31% Full compliance with LoS – other than 12hr interruptions Services Agreement Amended and Ratified Award for the M

  4. Slide 4: Financial Highlights in 12 mths 2009 compared to 2008

    Financial Highlights in 12 mths 2009 compared to 2008 12 months 12 months mln EEK 2009 2008 Increase Change Sales 772,4 719,9 52,5 7,3% Gross profit 488,4 447,2 41,2 9,2% Operating profit 461,9 405,4 56,6 14,0% Operating profit - main business 414,4 377,4 37,0 9,8% Net profit 339,9 296,0 44,0 14,9%

  5. Slide 5: Water and Wastewater and other revenues

    Water and Wastewater and other revenues Revenues million EEK 12 M 2009 12 M 2008 Ch. EEK Ch. % Domestic 379,3 346,8 32,5 9,4% Commercial, in area only 273,3 271,2 2,1 0,8% Commercial, outside area only 40,0 26,4 13,6 51,5% Overpollution 14,7 13,8 0,9 6,6% Water and wastewater total 707,4 658,3 49,1

  6. Slide 6: Costs: 12 mths 2009 compared to 12 mths 2008

    Costs: 12 mths 2009 compared to 12 mths 2008 Underlying cost base in line with twelve months of 2008  COGS – main operating activities by 4.1% or 11.3 mln EEK higher y-o-y, 1.8mln or 0.6% higher excluding the costs related to the Maardu’s operations  Marketing costs 1.1 mln EEK lower  Administrat

  7. Slide 7: Cash Position mln EEK

    Cash Position 400 350 337,0 292,5 300 251,8 250 229,9 mln EEK 211,1 207,4 200 150 100 50 0 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009  Cash balances by 62.6m’EEK higher than as of 31 December 2008

  8. Slide 8: Thank You!

    Thank You! AS Tallinna Vesi Ädala 10, Tallinn Tanel Pihel +372 6262 228, tanel.pihel@tvesi.ee Stephen Howard+ 372 6262 262, stephen.howard@tvesi.ee Company Ph: +372 6262 200, Email: tvesi@tvesi.ee

AS Tallinna Vesi — FY2009 Earnings Presentation on 6ix