Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2015 Earnings Presentation
10 slides from Tallinna Vesi AS Class A's earnings presentation, May 2015
Slide 1: AS Tallinna Vesi Interim results 3 months ended 31st March 2015
AS Tallinna Vesi Interim results 3 months ended 31st March 2015
Slide 2: Hosted by
Hosted by Karl Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: The Privatisation Contract
The Privatisation Contract PWSSA was amended to invalidate the privatization contract CA claims privatization is illegal since 2001 SA is public law contract – current tariffs remain in place ASTV has filed a claim for compensation of potential damages of over 90 million euros from the CA ASTV SC ha
Slide 4: Operational highlights
Operational highlights Water quality 100% compliance from the 732 samples taken Leakage rate for 2015 was 14.6%, against a target of 17.0% Wastewater treated at WWTP complied with all legal requirements.
Slide 5: Financial Highlights
Financial Highlights 3 months 3 months mln € Change € Change % 2015 2014 Sales 13,6 13,3 0,3 2,0% Gross profit 8,1 7,3 0,8 11,2% Operating profit 6,7 5,7 1,0 17,6% Operating profit - main business 6,7 5,6 1,0 18,3% Net profit 6,4 5,1 1,3 26,1% 9 8 7 6 5 mln € 4 8,1 7,3 6,7 5,7 6,4 5,1 3 2 1 0 Gross
Slide 6: Water & Wastewater revenues in 1st quarter
Water & Wastewater revenues in 1st quarter Revenues mln.€ Volumes mln.m3 7 6,0 8 6 7,1 7 4,7 5 6 4 5 2,3 6,2 4 3 4,7 2 1,0 3 1,9 1,0 2 1 0,1 0,2 1,1 0,8 1 2,3 0,2 0,2 7,0 0 1,6 0 2014 2015 2015 2014
Slide 7: Total costs in 1st quarter
Total costs in 1st quarter 3 months 3 months Total cost variances mln'€ Change % 2015 2014 Total Cost of Goods Sold (incl.) 5,5 6,0 -9,1% Chemicals 0,4 0,4 -12,8% Electricity 0,8 0,8 -1,1% Pollution tax 0,3 1,1 -72,1% Staff costs 1,3 1,2 9,8% Depreciation 1,4 1,3 7,4% Other cost of goods sold 1,3 1,
Slide 8: Cash position
Thousands 10 15 20 25 35 40 45 50 30 0 5 CF open Q1'14 31,8 Operating 7,0 Investing 0,1 Financing 0,7 CF end Q1'14 / open Q2'14 38,2 Cash position Operating 6,9 Investing 0,9 Financing CF end Q2'14 / 19,4 open Q3'14 26,6 Operating 8,8 Investing 1,6 Financing 5,0 CF end Q3'14 / open Q4'14 31,9 Operat
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
Slide 10: Webinar microphone instructions
a) During the presentation the microphone rights are disabled for the participants. b) Microphone icon will appear after the presentation. c) Each participant who wants to speak, has to activate his/her microphone himself/herself: d) If microphone icon is green, then it is active. e) Microphone volu