Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — H1 2016 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, Jun 30, 2016
Slide 1: AS Tallinna Vesi Interim results 6 months ended 30th June 2016
AS Tallinna Vesi Interim results 6 months ended 30th June 2016
Slide 2: Hosted by
Hosted by Karl Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: Operations Update
Operations Update Water quality 99.93% compliant, according 12,120 analyses of the 1,472 samples taken No pollution incidents and wastewater treatment plant is fully compliant Cumulative water network leakage rate for 2016 is 16.22% Repair works ongoing on the Tihase collector, located at Stroomi ar
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
Slide 5: Financial Highlights
Financial Highlights 6 months 6 months EUR million Q2 2016 Q2 2015 Change % Change % 2016 2015 Sales 14,5 13,7 5,5% 28,9 27,3 5,7% Gross profit 8,3 8,0 3,7% 16,6 16,1 3,4% Operating profit 5,8 6,2 -6,3% 12,5 12,9 -3,4% Operating profit - main business 5,7 6,2 -7,8% 12,2 12,8 -4,6% Net profit 0,8 2,1
Slide 6: Water & Wastewater revenues in 2nd quarter
Water & Wastewater revenues in 2nd quarter Revenues Volumes EUR million million m3 7 8 6 7 2015; 6,1 6 7,0 5 2015; 4,9 5 4 6,2 2,4 5,1 4 3 3 1,6 2 2 7,2 2015; 1,1 2,5 1 1 1,0 2015; 0,1 2015; 0,2 1,3 0,2 0 0 0,1 Domestic W&S Commercial Outside area Domestic W&S Commercial Outside area Outside area Ov
Slide 7: Total costs in 2nd quarter
Total costs in 2nd quarter Total cost variances 6 months 6 months Q2 2016 Q2 2015 Change % Change % EUR million 2016 2015 Total Cost of Goods Sold (incl.) 6,2 5,7 8,1% 12,2 11,2 8,9% Chemicals 0,3 0,4 -24,4% 0,6 0,7 -14,9% Electricity 0,7 0,7 -2,5% 1,5 1,6 -2,3% Pollution tax 0,2 0,2 0,0% 0,6 0,5 6,
Slide 8: Cash position
Thousands 0,0 10,0 20,0 30,0 40,0 50,0 60,0 CF open Q1'15 46,4 Operating 8,2 Investing 2,6 Financing 19,0 CF end Q2'15 / open Q3'15 33,0 Cash position Operating 6,9 Investing 0,1 Financing 4,7 CF end Q3'15 / open Q4'15 35,3 Operating 7,9 Investing 4,9 Financing 0,5 CF end Q4'15 / open Q1'16 37,8 Cas
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