Tallinna Vesi As Class A · OMXTSE:TVE1T
Tallinna Vesi As Class A — AS Tallinna Vesi — FY2013 Earnings Presentation
11 slides from Tallinna Vesi As Class A's earnings presentation, February 2014
Slide 1: AS Tallinna Vesi Interim results 12 months 2013
AS Tallinna Vesi Interim results 12 months ended 31st December 2013
Slide 2: Hosted by
Hosted by Ian Plenderleith CEO, Chairman of the Management Board Aleksandr Timofejev COO, Member 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 tariffs remain in place Court proceedings started – partially closed, request of CA CA claims privatisation was illegal Estonian Government approved the privatisation in 2000 and 2001 EU – Supportive of the regulatory economics of our ca
Slide 4: Operational highlights
Operational highlights Total sales decreased by 0,3% Operating profit from main services down 7,4% Water quality 99,7%- Best ever standard Network performance – lower leakages, less blockages Customer relations rating - 78; European Utilities - 54
Slide 5: Financial Highlights
Financial Highlights 12 months 12 months mln € 2013 2012 Change Change % Sales 53,1 52,9 0,2 0,3% Gross profit 30,6 32,6 -2,0 -6,2% Operating profit 24,8 28,8 -4,0 -14,0% Operating profit - main business 24,8 26,7 -2,0 -7,4% Net profit 19,9 22,6 -2,7 -11,8%
Slide 6: Water & Wastewater and Other Revenues in 2013
Water & Wastewater and Other Revenues in 2013 Revenues mln.€ Volumes mln.m3 2013 2013 2012 2012
Slide 7: Total costs 12 months 2013 to 12 months 2012
Total costs 12 mths 2013 to 12 mths 2012 Total cost variances mln'€ 2013 2012 Change Change % Total Cost of Goods Sold (incl.) 22,51 20,34 2,17 10,66% Chemicals 1,73 1,63 0,10 6,32% Electricity 3,39 3,70 -0,30 -8,20% Pollution tax 1,87 0,35 1,53 439,48% Staff costs 4,83 4,75 0,08 1,68% Depreciation
Slide 8: Total costs 4th quarter 2013 to 4th quarter 2012
Total costs 4th quarter 2013 to 4th quarter 2012 Total cost variances mln'€ 4 q 2013 4 q 2012 Change Change % Total Cost of Goods Sold (incl.) 5,48 5,33 0,16 2,99% Chemicals 0,42 0,42 0,01 1,19% Electricity 0,83 0,96 -0,14 -14,32% Pollution tax 0,06 0,18 -0,12 -67,78% Staff costs 1,20 1,26 -0,05 -4,
Slide 9: Cash Position
Cash Position Cash balance by more than 7.9 mln euros higher y-o-y
Slide 10: Thank You!
Thank You! Regulatory & political questions Ian Plenderleith ian.plenderleith@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 11: Webinar microphone instructions for participants
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