Tallinna Vesi AS Class A · OMXTSE:TVE1T

Tallinna Vesi AS Class A — AS Tallinna Vesi — FY2008 Earnings Presentation

9 slides from Tallinna Vesi AS Class A's earnings presentation, January 2009

  1. Slide 1: AS Tallinna Vesi Interim results 12 months ended 31 December 2008

    iM > AS Tallinna Vesi Interim results 12 months ended 31 December 2008 January 2009 Tallinna Vesi —@wWwnn

  2. Slide 2: Speakers

    Speakers @. Ian Plenderleith CEO, Chairman of the Management Board Siiri Lahe CFO, Member of the Management Board Tallinna Vesi —ae

  3. Slide 3: ,( ( - + . $ ! & * && & ( : (

    ,( ( - + . 7 $ ! & * 6 && & ( : 3 1 ( / ( 0 1 8 ( & & 9 1 ( / 234 & / 5

  4. Slide 4: 12 months results: sales and net profit

    + ,( ( 2 12 months 12 months mln EEK 2008 2007 Increase Change Sales 719,9 648,3 71,6 11,0% Main operating activities 719,9 648,3 71,6 11,0% Other operating activities - reclassified as explained in Note 1 to the accounts Net profit 296,0 277,8 18,1 6,5% Underlying Net profit 296,0 264,5 31,4 11,9%

  5. Slide 5: ; ; / : ##= 0<% % 2% % " % 2% % %

    ; ; / : ##= 0<% % 2% % 21 " % 2% 4 % 2 % < 2% 01 " % <% 0 2% 2 % 2 0 % 01 $: % % % 4 0%1 ! "" " ! % 4 % > % > % 21 " % % < % > % 0 >0%1 " % % % 4 % 4 %1 # " # ! $ : < 3< ##=% 3 ##= <341 ( > >

  6. Slide 6: " ? $% & '&( ) & '* ( *' +) % ( "$7

    " ? 2 $% & '&( ) & '* ( *' +) % ( "$7 - ( : 43 1 4<3 ##= ( > > 8 ("$7 - ( : 3<1 0 3 ##= ( > > 2# : 9 3 ##= / : / > ' ( 3 ##= / 3 ##= / : ( & & / ( 9 ? "! 2> <3<1% - 301 9 2> 301%& & > 41 " 9 2> 321% - 301 $ : 3 ##= ( + 3 ##= /

  7. Slide 7: Net profit, mln EEK

    @ ?! & &$ 450 405,4 400 377,4 364,1 362,2 350 333,1 319,8 296,0 300 277,8 264,5 mln EEK 250 200 150 100 50 0 12 months 2008 12 months 2007 12 months 2007 underlying 8 ( ( & 0 430 ##= % 3 1 > > 8 ( & & 9 < 3 ##= % 3 1 > > 8 ( & <3 ##= % 3 1 > >

  8. Slide 8: Quarterly results, mln EEK

    " ! 350 327,1 300 250 229,9 211,1 200,5 200 191,9 mln EEK 169,3 150 100 50 0 Q2 2007 Q3 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 & 3 A##= 4 30 A##= ( ' % 30 A##= ' 2

  9. Slide 9: . B C % ! D2 < < % E: * D < <

    . B C % ! D2 < < % 3 E: 3 * D 2 < < < % 3 E: 3 " ! ?D 2 < < %# ?: E : 3

AS Tallinna Vesi — FY2008 Earnings Presentation on 6ix