Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — 9M 2013 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, Oct 25, 2013
Slide 1: AS Tallinna Vesi Interim results 9 months ended 30 September 2013
AS Tallinna Vesi Interim results 9 months ended 30 September 2013 25 October 2013
Slide 2: Speakers
Speakers Ian Plenderleith CEO, Chairman of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: The Privatisation Contract
The Privatisation Contract SA is public law contract – current tariff remain in place Court proceedings started – partially closed, request of CA CA claims illegaal no evidence, total inconsistency in Kunda, Estonian Govt approved the privatisation in 2000 and 2001 EU – Supportive of the regulatory
Slide 4: Financial Highlights in 9 mths 2013 compared to 2012
Financial Highlights in 9 mths 2013 compared to 2012 9 months 9 months mln € 2013 2012 Change Change % Sales 39,3 39,2 0,1 0,2% Gross profit 22,3 24,2 -1,9 -7,9% Operating profit 18,2 20,2 -2,0 -9,9% Operating profit - main business 18,2 19,9 -1,7 -8,7% Net profit 13,7 13,9 -0,2 -1,4% 25,0 20,2 20,0
Slide 5: Water and Wastewater and Other Revenues
Water and Wastewater and Other Revenues Revenues million € 9M 2013 9M 2012 Ch. € Ch. % Domestic 17,6 17,8 -0,2 -0,9% Commercial, in area only 14,3 14,0 0,3 2,2% Commercial, outside area only 3,1 3,2 -0,1 -3,0% incl stormwater 0,3 0,5 -0,2 -32,1% Overpollution 0,6 0,6 0,0 5,4% Water and wastewater to
Slide 6: Total costs: 9 mths 2013 compared to 9 mths 2012
Total costs: 9 mths 2013 compared to 9 mths 2012 Total cost variances mln'€ 2013 2012 Variance Total Cost of Goods Sold (incl.) 17,02 15,01 2,01 Chemicals 1,31 1,21 0,10 Electricity 2,57 2,73 -0,17 Pollution tax 1,81 0,17 1,65 Other COGS 11,33 10,90 0,43 Marketing, General admin costs 4,16 4,11 0,05
Slide 7: Cash flow and cash position
Thousands 10,0 15,0 20,0 25,0 30,0 35,0 40,0 45,0 0,0 5,0 CF open Q2'12 22,6 Operating Investing Financing CF end Q2'12 / open Q3'12 13,7 Operating Cash Position Investing Financing CF end Q3'12 / open Q4'12 16,6 Operating Investing Financing CF end Q4'12 / open Q1'13 23,9 Operating Investing Financ
Slide 8: Thank You!
Thank You! AS Tallinna Vesi Ädala 10, Tallinn Riina Käi +372 6262 262, riina.kai@tvesi.ee Tanel Pihel +372 6262 228, tanel.pihel@tvesi.ee Company Ph: +372 6262 200, Email: tvesi@tvesi.ee
Slide 9: 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