Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — 9M 2015 Earnings Presentation
10 slides from Tallinna Vesi AS Class A's earnings presentation, November 2015
Slide 1: AS Tallinna Vesi Interim results 9 months ended 30th September 2015
AS Tallinna Vesi Interim results 9 months ended 30th September 2015
Slide 2: Hosted by
Hosted by Karl Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: Slide 3
Slide 4: The Privatisation Contract
The Privatisation Contract PWSSA was amended to invalidate the privatization contract The tariff part of the Services Agreement was deemed to be public law contract by Estonian Courts in 2012 AS Tallinna Vesi has filed a claim for compensation of potential damages of over 90 million euros from the C
Slide 5: Operational highlights
Operational highlights Water quality 99.86% compliance from the 2209 samples and 18 550 analysis taken Cumulative leakage rate for 2015 is 14.58% against the annual target of 17% Waste water treatment process complied with all legal requirements. Permanent repair of the Tihase collector is ongoing
Slide 6: Financial Highlights
Financial Highlights 9 months 9 months mln € Q3 2015 Q3 2014 Change % Change % 2015 2014 Sales 14,1 13,3 6,3% 41,4 39,9 3,7% Gross profit 8,0 7,9 1,1% 24,1 22,9 5,1% Operating profit 5,9 6,3 -6,8% 18,8 18,2 3,3% Operating profit - main business 5,8 6,3 -9,0% 18,6 18,0 3,5% Net profit 5,1 5,8 -12,5%
Slide 7: Water & Wastewater revenues in 3rd quarter
Water & Wastewater revenues in 3rd quarter Revenues mln.€ Volumes mln.m3
Slide 8: Total costs in 3rd quarter
Total costs in 3rd quarter 9 months 9 months Total cost variances mln'€ Q3 2015 Q3 2014 Change % Change % 2015 2014 Total Cost of Goods Sold (incl.) 6,1 5,3 13,9% 17,3 17,0 1,7% Chemicals 0,4 0,4 -8,8% 1,1 1,3 -12,5% Electricity 0,7 0,7 -1,4% 2,3 2,3 0,0% Pollution tax 0,2 0,2 11,5% 0,8 1,8 -58,1% S
Slide 9: Cash position
Cash position Cash balance by more than 3.3 mln euros higher y-o-y
Slide 10: Thank You!
Thank You! Regulatory & political questions Karl Brookes Karl.Brookes@tvesi.ee IR & financial questions Riina Käi riina.kai@tvesi.ee Operational questions Aleksandr Timofejev aleksandr.timofejev@tvesi.ee Company ph., +372 62 62 200, E-mail tvesi@tvesi.ee