Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2019 Earnings Presentation
10 slides from Tallinna Vesi AS Class A's earnings presentation, April 2019
Slide 1: AS Tallinna Vesi: Results of the 1st quarter of 2019
AS Tallinna Vesi Results of the 1st quarter of 2019
Slide 2: Management Board presenters
Karl Heino Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: Operations Update
Operations Update Water quality Leakage rate Q 1 99.73% compliant Q 1 12.86% Effluent Customer satisfaction Fully compliant, no Q 1 4.1 out of 5 pollution incidents
Slide 4: Tariff dispute
Tariff dispute Local Court Case International Court Case • Dispute started in 2011. • International arbitration proceedings (ICSID) • Hearing in the District court took place in 23th January commenced in October 2014 2017. District Court dismissed AS Tallinna Vesi claim on • Hearings were held in Pa
Slide 5: Financial highlights
Financial highlights ry § 1% quarter = 16.00 14.08 14.66 14.00 12.00 uno 8.32 8.26 8.00 6.80 6.89 6.53 6.68 Sales Gross profit Operating profit Net profit m2018 2019
Slide 6: Water & Wastewater revenues in 1st quarter of 2019
Water & Wastewater revenues in 1st quarter of 2019 Revenues, € million Volumes, million m3
Slide 7: Total costs in the 1st quarter in 2019
Total costs in the 1st quarter in 2019 € million Q1 2019 Q1 2018 Change € Change % Total Cost of Goods Sold (incl.) -6.4 -5.8 -0.6 -11.2% Water abstraction charges -0.3 -0.3 0.0 -0.3% Chemicals -0.4 -0.4 0.0 6.9% Electricity -1.0 -0.8 -0.2 -32.3% Pollution tax -0.4 -0.3 -0.1 -32.5% Staff costs -1.6
Slide 8: Cash position
co eo orev ene) g sulsueul4 Sulseau| Bunesdo 61/TO uado /8T,v0 pue 49 Buroueul4 Bunsanu| sunersdo 8T,v0 uado / 8T,€0 pua 40 Bulsueul4 SUNSaAU| Sunjeredo 8T.€0 uado / 87,70 pua 49 sulsueul4 Sulseau| Bunelado. 81,20 uado / 8T,TO pua 49 SuOlIl 80.0 = 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Cash position
Slide 9: Dividends
Dividends €0.84 €0.87 2012 2013 €0.90 €0.90 €0.90 €0.75 €0.54 : €0.36 2014 2015 2016 2017 2018 2019
Slide 10: Thank you!
Regulatory & political questions Thank you! 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