Tallinna Vesi AS Class A · OMXTSE:TVE1T

Tallinna Vesi AS Class A — AS Tallinna Vesi — 9M 2016 Earnings Presentation

9 slides from Tallinna Vesi AS Class A's earnings presentation, November 2016

  1. Slide 1: AS Tallinna Vesi Interim results 9 months 2016

    AS Tallinna Vesi Interim results 9 months ended 30.September 2016

  2. Slide 2: Hosted by

    Hosted by Karl Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board

  3. Slide 3: Operations Update

    Operations Update Water quality 99.91% compliant, according 17,630 analyses of the 2,207 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 15.39%. Repair of the collector

  4. 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 International Arbitration • International arbitr

  5. Slide 5: Financial Highlights

    Financial Highlights 9 months 9 months EUR million Q3 2016 Q3 2015 Change % Change % 2016 2015 Sales 15,6 14,1 10,8% 44,5 41,4 7,4% Gross profit 8,4 8,0 4,9% 25,0 24,1 3,9% Operating profit 6,8 5,9 14,8% 19,3 18,8 2,3% Operating profit - main business 6,7 5,8 16,0% 18,9 18,6 1,8% Net profit 6,5 5,1

  6. Slide 6: Water & Wastewater revenues in 3rd quarter

    Water & Wastewater revenues in 3rd quarter Revenues Volumes EUR million million m3

  7. Slide 7: Total costs in 3rd quarter

    Total costs in 3rd quarter Total cost variances 9 months 9 months Q3 2016 Q3 2015 Change % Change % EUR million 2016 2015 Total Cost of Goods Sold (incl.) 7,2 6,1 18,4% 19,4 17,3 12,2% Chemicals 0,3 0,4 -12,7% 1,0 1,1 -14,1% Electricity 0,8 0,7 6,6% 2,3 2,3 0,4% Pollution tax 0,3 0,2 20,6% 0,9 0,8 1

  8. Slide 8: Cash position

    Cash position Cash balance EUR 4.88 million euros lower y-o-y

  9. 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

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