Tallinna Vesi AS Class A · OMXTSE:TVE1T

Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2016 Earnings Presentation

9 slides from Tallinna Vesi AS Class A's earnings presentation, May 2016

  1. Slide 1: AS Tallinna Vesi Interim results 3 months ended 31st March 2016

    AS Tallinna Vesi Interim results 3 months ended 31st March 2016

  2. Slide 2: Hosted by

    Hosted by Karl Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board

  3. Slide 3: Operations Update

    Operations Update Water quality 100% compliant, according 6 510 analyses of the 772 samples taken No pollution incidents and wastewater treatment plant is fully compliant Water network leakage rate for the 1st quarter currently at 17.51% Repair works ongoing on the Tihase collector, located at Stroo

  4. Slide 4: Tariff Dispute

    Tariff Dispute Local Court Case • Dispute ongoing in the Estonian Courts since 2011 • On 5th June 2015, Tallinn Administrative Court dismissed the AS Tallinna Vesi’s claim • On the 11th of November 2015, the company filed it’s appeal to the District Court, and we are awaiting a hearing date Internat

  5. Slide 5: Financial Highlights

    Financial Highlights 3 months 3 months EUR million Change € Change % 2016 2015 Sales 14,4 13,6 0,8 5,9% Gross profit 8,3 8,1 0,3 3,3% Operating profit 6,6 6,7 -0,1 -0,8% Operating profit - main business 6,5 6,7 -0,1 -1,7% Net profit 5,6 6,4 -0,7 -11,7%

  6. Slide 6: Water & Wastewater revenues in 1st quarter

    Water & Wastewater revenues in 1st quarter Revenues Volumes EUR million million m3

  7. Slide 7: Total costs in 1st quarter

    Total costs in 1st quarter 3 months 3 months Total cost variances EUR million Change € Change % 2016 2015 Total Cost of Goods Sold (incl.) 6,0 5,5 0,54 9,8% Chemicals 0,3 0,4 -0,02 -5,0% Electricity 0,8 0,8 -0,02 -2,2% Pollution tax 0,3 0,3 0,04 12,0% Staff costs 1,4 1,3 0,07 5,2% Depreciation 1,4 1

  8. Slide 8: Cash position

    Cash position Cash balance EUR 2.2 million euros lower y-o-y

  9. Slide 9: 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

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