Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q4 2019 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, January 2020
Slide 1: Results of the 4th quarter of 2019
AS Tallinna Vesi Results of the 4th quarter of 2019
Slide 2: Karl Heino Brookes and Kristi Ojakäär
Karl Heino Brookes CEO, Member of the Management Board Kristi Ojakäär CFO, Member of the Management Board
Slide 3: Operations Update
Operations Update Water quality Leakage rate Q4 99.0% compliant Q4 14.3% 12 months 99.04% compliant 12 months 12.97% Effluent Average duration of 100% compliant water interruption per property Q4 3.24 h (2018: 3.45 h) Customer satisfaction 12 months 2.99 h (2018: 3.27) Q4 4.06 out of 5 12 months 4.0
Slide 4: Tariff application
Tariff application • First tariff application February 2018, taken into proceedings May 2018 • 4 December 2018 CA did not approve the water and wastewater tariffs in Tallinn and Saue • 2 September 2019 New tariff application to CA • 18 October 2019 CA approved the tariffs • 1 December 2019 New tarif
Slide 5: Financial highlights of 2019
Financial highlights of 2019 4th quarter 12 months 70.0 62.8 63.4 € Million 60.0 20.0 16.2 16.1 50.0 15.0 11.1 11.0 40.0 34.2 34.0 32.1 8.4 8.0 26.9 27.8 10.0 30.0 5.3 5.0 24.2 5.0 20.0 0.0 10.0 Sales Gross profit Operating Net profit 0.0 profit Sales Gross Operating Net profit profit profit 2018 20
Slide 6: Water & Wastewater revenues in 4th quarter of 2019
Water & Wastewater revenues in 4th quarter of 2019 Revenues, € million Volumes, million m3 7.0 9.0 2018 6.6 8.0 2018 7.6 6.0 7.0 5.0 6.0 2018 5.3 4.0 6.0 5.1 5.0 7.7 3.0 4.0 3.0 2018 2.6 2.0 2018 1.1 2.0 2018 1.3 1.0 1.2 1.0 2.7 2018 0.1 1.5 0.1 0.0 0.0 Domestic W&S Commercial Outside area Outside a
Slide 7: Total costs in the 4th quarter in 2019
Total costs in the 4th quarter in 2019 12 months 12 months € million Q4 2019 Q4 2018 Change € Change % Change € Change % 2019 2018 Total Cost of Goods Sold (incl.) -8,1 -7,9 -0,3 -3,7% -29,5 -28,6 -0,9 -3,1% Water abstraction charges -0,3 -0,3 0,0 -6,8% -1,2 -1,2 0,0 -2,7% Chemicals -0,4 -0,5 0,1 17
Slide 8: Cash position
61.70 Pua 49 Suloueul4 Sunsaau| o as ~ nN N = 61.70 S uado /61,€0 pu® 49 Suloueul4 Sunsaau| 7 Fe B BSurjesado éL.e0 uado / 61,20 pue 49 Suloueuly Sunsanu| B o 61.20 S uado / 61,10 pue 49 SunjesadQ Suloueul4 se - Sunsaau| oO SunjesadQ = 2 | | éL/L0 vado /81,70 pue 49 Cash position
Slide 9: Thank you!
Regulatory & political questions Thank you! Karl Brookes Karl.Brookes@tvesi.ee IR & financial questions Kristi Ojakäär kristi.ojakaar@tvesi.ee Operational questions Aleksandr Timofejev aleksandr.timofejev@tvesi.ee Company ph., +372 62 62 200, E-mail tvesi@tvesi.ee