Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q1 2014 Earnings Presentation
10 slides from Tallinna Vesi AS Class A's earnings presentation, May 2014
Slide 1: AS Tallinna Vesi Interim results 3 months ended 31st March 2014
AS Tallinna Vesi Interim results 3 months ended 31st March 2014
Slide 2: Hosted by
Hosted by Ian Plenderleith CEO, Chairman of the Management Board Karl Brookes Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: The Privatisation Contract
The Privatisation Contract CA amended the PWSSA to invalidate the privatisation contract CA claims privatisation is illegal since 2001 SA is public law contract – current tariffs remain in place To date no court hearing dates been announced ASTV proposal to Environmental Committee to amend the PWSSA
Slide 4: Business highlights
Business highlights Total sales increased by 4,8% Operating profit from main services down 0,48 mln euros Dividends at 0.90 Euros per share WWTP – Significant change in legal standards – reviewing options Nasdaq OMX - Best IR in the Baltics Water quality – 786 samples in Q1, 100% compliance
Slide 5: Financial Highlights
Financial Highlights mln'€ 3 months 2014 3 months 2014 Change Change % Sales 13,31 12,69 0,62 4,89% Gross profit 7,26 7,52 -0,26 -3,46% Gross profit from main operations 7,22 7,51 -0,29 -3,86% Operating profit 5,68 6,16 -0,48 -7,79% Operating profit from main operations 5,69 6,17 -0,48 -7,78% Net pr
Slide 6: Water & Wastewater revenues in Q1
Water & Wastewater revenues in Q1 Revenues mln.€ Volumes mln.m3 2014 2014 2013 2013
Slide 7: Total costs 1st quarter 2014 to 1st quarter 2013
Total costs 1st quarter 2014 to 1st quarter 2013 3 months 3 months Total cost variances mln'€ 2014 2013 Change Change % Total Cost of Goods Sold (incl.) 6,04 5,17 0,87 16,87% Chemicals 0,41 0,42 -0,01 -1,90% Electricity 0,84 0,94 -0,10 -10,48% Pollution tax 1,08 0,22 0,86 398,15% Staff costs 1,23 1,
Slide 8: Cash Position
Thousands 0,0 5,0 10,0 15,0 20,0 25,0 30,0 35,0 40,0 45,0 CF open Q1'13 23,9 Operating 8,3 Investing Financing 1,0 -0,8 CF end Q1'13 32,5 Cash Position Operating 7,0 Investing -0,3 Financing 18,3 CF end Q2'13 20,9 Operating 6,3 Investing 2,8 Financing -5,4 CF end Q3'13 24,6 Operating 8,2 Cash balanc
Slide 9: Thank You!
Thank You! Regulatory & political questions Ian Plenderleith [email protected] IR & financial questions Riina Käi [email protected] Operational questions Aleksandr Timofejev [email protected] Company ph., +372 62 62 200, E-mail [email protected]
Slide 10: 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