Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2013 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, Apr 26, 2013
Slide 1: AS Tallinna Vesi Interim results 3 months ended 31 March 2013
AS Tallinna Vesi Interim results 3 months ended 31 March 2013 26 April 2013
Slide 2: Speakers
Speakers Ian Plenderleith CEO, Chairman 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 tariff remain in place Court proceedings started – partially closed, request of CA CA, no evidence, total inconsistency in Kunda, closed court Estonian Govt approved the privatisation in 2000 and 2001 EU – Supportive of the regulatory ec
Slide 4: Operational Highlights – 3 months of 2013
Operational Highlights – 3 months of 2013 Total sales decreased by 2.3% Operating profit from main services down 11,4% Water quality 99,87% Wastewater – Cleaner Baltic Sea Network performance - Lower leakages, Full ISO re-accreditation
Slide 5: Financial Highlights in 3 mths 2013 compared to 2012
Financial Highlights in 3 mths 2013 compared to 2012 3 months 3 months mln € 2013 2012 Change Change % Sales 12,7 13,0 -0,3 -2,3% Gross profit 7,5 8,2 -0,7 -8,1% Operating profit 6,2 6,9 -0,8 -11,4% Operating profit - main business 6,2 6,9 -0,7 -10,4% Net profit 6,2 6,3 -0,1 -1,5% 7,2 7,0 6,9 6,8 6,
Slide 6: Water and Wastewater and Other Revenues
Water and Wastewater and Other Revenues Revenues million € 3M 2013 3M 2012 Ch. € Ch. % Domestic 5,9 6,1 -0,1 -2,0% Commercial, in area only 4,6 4,6 0,0 0,8% Commercial, outside area only 1,0 1,1 -0,1 -8,7% incl stormwater 0,1 0,2 -0,1 -51,1% Overpollution 0,2 0,2 0,0 2,8% Water and wastewater total
Slide 7: Total costs: 3 mths 2013 compared to 3 mths 2012
Total costs: 3 mths 2013 compared to 3 mths 2012 Total cost variances mln'€ 2013 2012 Variance Total Cost of Goods Sold (incl.) 5,17 4,81 0,36 Chemicals 0,42 0,37 0,06 Electricity 0,94 0,93 0,00 Pollution tax 0,22 -0,21 0,43 Other COGS 3,60 3,73 -0,13 Marketing, General admin costs 1,35 1,27 0,08 TO
Slide 8: Cash Position mln €
Cash Position 35 32,5 30 25 23,9 22,6 20 mln € 16,6 14,8 15 13,7 10 5 0 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Cash balance by more than 9.9 mln euros higher y-o-y
Slide 9: Thank You!
Thank You! AS Tallinna Vesi Ädala 10, Tallinn Riina Käi +372 6262 262, riina.kai@tvesi.ee Tanel Pihel +372 6262 228, tanel.pihel@tvesi.ee Company Ph: +372 6262 200, Email: tvesi@tvesi.ee