Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — FY2016 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, February 2017
Slide 1: AS Tallinna Vesi Interim results 12 months ended 31 December 2016
AS Tallinna Vesi Interim results 12 months ended 31. December 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 24,140 analyses of the 2,948 samples taken. Final effluent leaving the Paljassaare wastewater treatment plant is fully compliant, with no pollution incidents. Cumulative water network leakage rate for 2016 is 15.07%. Repair of the collector
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 AS Tallinna Vesi’s claim • On the 11th of November 2015, the company filed it’s appeal to the District Court • District Court hearing took place on 23rd of N
Slide 5: Financial Highlights
Financial Highlights Q4 Q4 12 months 12 months Change EUR million Change % Change € 2016 2015 2016 2015 % Sales 14,5 14,5 -0,1% 59,0 55,9 3,1 5,5% Gross profit 8,2 8,2 0,8% 33,3 32,2 1,0 3,1% Operating profit 5,4 6,7 -20,5% 24,6 25,6 -0,9 -3,7% Operating profit - main Business 5,5 6,7 -17,3% 24,4 25
Slide 6: Water & Wastewater revenues in 4th quarter
Water & Wastewater revenues in 4th quarter Revenues Volumes EUR million million m3 7 8 2015;6,2 6 7 6 2015;7,2 5 5 4 6,4 2015; 4,9 5,1 2015; 2,5 4 3 3 2015; 1,6 2 2015; 1,1 2 7,3 2015; 0,1 2,6 1 2015; 0,2 1 1,0 1,4 0,1 0,2 0 0 Domestic Commercial Outside area Outside area Overpollution Domestic W&S
Slide 7: Total costs in 4th quarter
Total costs in 4th quarter Total cost variances 12 months 12 months Q4 2016 Q4 2015 Change % Change € Change % EUR million 2016 2015 Total Cost of Goods Sold (incl.) 6,3 6,4 -1,2% 25,7 23,7 2,0 8,6% Chemicals 0,3 0,4 -16,0% 1,3 1,5 -0,2 -14,6% Electricity 0,8 0,7 8,3% 3,1 3,0 0,1 2,4% Pollution tax
Slide 8: Cash position: Financing Investing Operating
Thousands 0,0 10,0 20,0 30,0 40,0 50,0 60,0 CF open Q4'15 35,3 Operating 7,9 Investing 4,9 Financing 0,5 CF end Q4'15 / 37,8 Cash position open Q1'16 Operating 8,8 Investing 2,1 Financing 0,4 CF end Q1'16 / 44,2 open Q2'16 Operating 7,6 Investing 2,3 Financing 18,6 Cash balance EUR 3.83 million euro
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