Tallinna Vesi As Class A · OMXTSE:TVE1T
Tallinna Vesi As Class A — AS Tallinna Vesi — H1 2017 Earnings Presentation
9 slides from Tallinna Vesi As Class A's earnings presentation, August 2017
Slide 1: AS Tallinna Vesi Interim results 6 months ended 30 June 2017
AS Tallinna Vesi Interim results 6 months ended 30 June 2017
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 99.93% compliant, according 12,680 analyses of the 1,482 samples Water quality taken Effluent Fully compliant, no pollution incidents Cumulative water Network leakage rate in the first six months in 2017 Leakage rate was the lowest over the time of 13.33% In the 2nd quarter 2017 AS
Slide 4: Tariff dispute
Tariff dispute Local Court Case Dispute ongoing since 2011 On 5th June 2015, Tallinn Administrative Court dismissed AS Tallinna Vesi claim. On 11th November 2015, the Company filed the appeal to the District Court Hearing in the District court took place in 23th January 2017. District Court dismisse
Slide 5: Financial Highlights
Financial Highlights EUR million Q2 2017 Q2 2016 Change % 6 months 2017 6 months 2016 Change % 12 months 2016 Sales 14,7 14,5 1,6% 28,5 28,9 -1,2% 59,0 Gross profit 8,5 8,3 2,7% 16,7 16,6 0,6% 33,3 Operating profit 7,2 5,8 23,0% 13,7 12,5 9,6% 24,6 Operating profit - main business 7,1 5,7 24,0% 13,5
Slide 6: Water & Wastewater revenues in 2nd quarter
Water & Wastewater revenues in 2nd quarter Revenues Volumes EUR million million m3
Slide 7: Total costs in 2nd quarter
Total costs in 2nd quarter 6 months 6 months 12 months EUR million Q2 2017 Q2 2016 Change % Change % 2017 2016 2016 Total Cost of Goods Sold (incl.) -6,2 -6,2 -0,1% -11,8 -12,2 3,7% -25,7 Chemicals -0,4 -0,3 -23,5% -0,7 -0,6 -9,3% -1,3 Electricity -0,8 -0,7 -6,7% -1,6 -1,5 -6,0% -3,1 Pollution tax -
Slide 8: Financing Investing Operating
Millions 0,0 10,0 20,0 30,0 40,0 50,0 60,0 CF open Q2'16 44,2 Operating 7,6 Investing 2,3 Cash position Financing 18,6 CF end Q2'16 / open 30,8 Q3'16 Operating 7,3 Investing 2,9 Financing 4,8 CF end Q3'16 / open 30,4 Q4'16 Operating 8,2 Investing 4,2 Financing 0,5 CF end Q4'16 / open 34,0 Q1'17 Oper
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