Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q4 2018 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, January 2019
Slide 1: AS Tallinna Vesi Results of the fourth quarter of 2018
AS Tallinna Vesi Results of the fourth quarter of 2018
Slide 2: Karl Heino Brookes, CEO and Riina Käi, 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 12 m 99.93% compliant 12m 13.71% Q4 100% compliant Q4 13.07% Effluent Customer satisfaction Fully compliant, no 4.1 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 8 4th quarter $ 12 months = 20.00 = 70.00 = 15.97 16.23 = 59.82 62.78 15.00 | 60.00 | 10.00 8.79 8,38 50.00 5.29 5.01 5.00 — 40.00 | 34-09-3419 0.00 | 30.00 | | 26.94 25.95 20.00 “ i i | or ee | oo | | | ee | 15.00 -10.22 -10.44 0.00 Sales Gross profit Operating Net profit Sales
Slide 6: Water & Wastewater revenues in 4th quarter of 2018
Water & Wastewater revenues in 4th quarter of 2018 Revenues, EUR million Volumes, million m3 7,0 8,0 2017; 6,4 6,0 7,0 2017 7,4 5,0 6,0 4,0 2017; 5,2 5,0 6,6 5,3 2017 2,6 3,0 4,0 2017; 1,1 3,0 2,0 2017; 0,2 7,6 2017 1,2 1,0 2,0 1,1 0,1 2,6 0,0 1,0 1,3 Domestic W&S Commercial Outside area Outside are
Slide 7: Total costs in the 4th quarter and 12 months in 2018
Total costs in the 4th quarter and 12 months in 2018 12 months 12 months EUR million Q4 2018 Q4 2017 Change € Change % Change € Change % 2018 2017 Total Cost of Goods Sold (incl.) -7.9 -7.2 -0.7 -9.4% -28.6 -25.7 -2.9 -11.2% Water abstraction charges -0.3 -0.3 0.0 0.3% -1.2 -1.2 0.0 -1.6% Chemicals
Slide 8: Cash position
Cash position
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