Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q2 2019 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, Jul 1, 2019
Slide 1: AS Tallinna Vesi Results of the 2nd quarter of 2019
AS Tallinna Vesi Results of the 2nd quarter of 2019
Slide 2: Presenters: CEO and CFO
Karl Heino Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: Operations Update
Operations Update Water quality Leakage rate Q2 99.17% compliant Q2 11.6% 6 months 99.46% compliant 6 months 12.2% Effluent Average duration of Fully compliant, no pollution incidents water interruption per property Q2 2.67 h (2018: 3.58 h) Customer satisfaction 6 months 2.63 h (2018: 3.28) Q2 4.1 o
Slide 4: Tariff dispute
Tariff dispute Local Court Case International Court Case • Dispute started in 2011. • International arbitration proceedings • On 12th December 2017, Supreme Court (ICSID) commenced in October 2014 made a final decision on AS Tallinna Vesi’s • Hearings were held in Paris, in November appeal in cassat
Slide 5: Financial highlights
Financial highlights 18 16 14 15.98 16.15 Millions 10 8.90 8.79 7.54 5.47 Sales Gross profit Operating profit Net profit 2018 2019
Slide 6: Water & Wastewater revenues in 2nd quarter of 2019
Water & Wastewater revenues in 2nd quarter of 2019 Revenues, € million Volumes, million m3
Slide 7: Total costs in the 2nd quarter in 2019
Total costs in the 2nd quarter in 2019 6 months 6 months € million Q2 2019 Q2 2018 Change € Change % Change € Change % 2019 2018 Total Cost of Goods Sold (incl.) -7.4 -7.1 -0.3 -3.9% -13.8 -12.8 -0.9 -7.2% Water abstraction charges -0.3 -0.3 0.0 0.0% -0.6 -0.6 0.0 0.0% Chemicals -0.4 -0.3 -0.1 -24.0
Slide 8: Cash position
=) 3 i) sSUONIW 90.0 4 Cash position 61.20 pue 40 Sulsueul4 Surjseaul Buljesadg 61.20 uado / 61,10 pue 49 Sulsueul4 Surjseauy BuljesadQ 6L/LO uado /g1.70 pue 49 6ulsueul4 Bunseauy SurjessdQ 81.70 uado / 81,€0 pue 49 Suloueul4 Bunsaaul Bunjessdg 8L.e0 uado / 81,20 pus 49
Slide 9: Thank you!
Regulatory & political questions Thank you! 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