Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2018 Earnings Presentation
10 slides from Tallinna Vesi AS Class A's earnings presentation, April 2018
Slide 1: AS Tallinna Vesi Results of the first quarter of 2018
AS Tallinna Vesi Results of the first quarter of 2018
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 99.87% compliant, Water network leakage according to 743 samples rate in the first quarter in taken 2018 was 15.19% Effluent Customer service Fully compliant, no Customer satisfaction 4.3 out of 5 pollution incidents
Slide 4: Tariff dispute
Tariff dispute Local Court Case International Court Case • Dispute started in 2011. • International arbitration proceedings (ICSID) • Hearing in the District court took place in 23th commenced in October 2014 January 2017. District Court dismissed AS Tallinna • Hearings were held in Paris, in Novemb
Slide 5: Financial highlights
Financial highlights 16,00 13,78 14,08 14,00 12,00 10,00 8,32 8,21 8,00 6,80 6,53 2017 6,49 6,36 6,00 2018 4,00 2,00 0,00 Sales Gross profit Operating profit Net profit
Slide 6: Water & Wastewater revenues in 1st quarter of 2018
Water & Wastewater revenues in 1st quarter of 2018 Revenues, EUR million Volumes, million m3
Slide 7: Total costs in the 1st quarter 2018
Total costs in the 1st quarter 2018 EUR million Q1 2018 Q1 2017 Change € Change % Total Cost of Goods Sold (incl.) -5,8 -5,6 -0,18 -3,3% Chemicals -0,4 -0,3 -0,1 -30,6% Electricity -0,8 -0,9 0,1 11,1% Pollution tax -0,3 -0,3 0,0 5,1% Staff costs -1,6 -1,4 -0,2 -12,1% Depreciation -1,3 -1,4 0,1 5,0%
Slide 8: Cash position
11 0,4 28 | | 2 a | a | a a Cc s ~ es — + Y) ia ” a ro) 2 2 2 ° 2 cy Y) s s ¢ s S Ss S oS iy < a s 3 (OMT 8T.TO pua 49 Buoueuly Bunsanuy Sunetado 81,10 uado / LOWD pua 43. Bupueuly Sunsaauy Sunetado LT uado / LTED pueda, Buueuly Bunsanuy Sunetado LTD vado / L120 pue 42, Buueuly Bunsanuy Sunetado £1,
Slide 9: Dividends
Dividends 0,87 0,90 0,90 0,90 0,84 0,54 ; : 2012 2013 2014 2015 2016 2017 2018
Slide 10: 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