Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — Q2 2024 Earnings Presentation
13 slides from Tallinna Vesi AS Class A's earnings presentation, August 2024
Slide 1: Results for the 2nd quarter of 2024
the 2" quarter of 2024 _ Results for 5 Ys August 2024
Slide 2: Presenters
Aleksandr Timofejev Taavi Gro6n CEO CFO Member of the Management Board Member of the Management Board Presenters Talia
Slide 3: Highlights of the Q2 2024
Highlights of the Q2 2024 Sales €15.5 million Net profit €2.19 million Investments into assets €18 million Drinking water quality 100% Wastewater effluent quality 100% ISO and EMAS audits carried out successfully Regulated water price change is applicable from 1/07
Slide 4: Investment projects
Investment projects Investments into the network: * reconstructed over 17 km of pipelines * 9km with trenchless method ¢ Weare planning to build more than 40 km this year Investments into water and wastewater treatment plants A YerIP * Reconstruction of methane tanks ¢ Reconstruction of secondary se
Slide 5: Operations update
Operations update Water quality Q2: 100% (2023: 100 %) Effluent Q2: 100% compliant (2024: 100%) Customer satisfaction Q2: 3.9 out of 5 (2023: 4.0) 7 & od Leakage rate Q2: 12.96% (2023: 13.62%) Average duration of water interruption per property Q2: 3h17 m(2023: 2h 29 m) Rehabilitation of networks Q2
Slide 6: Total sales revenues increased by 1%
Total sales revenues increased by 1% amounting to €15.5 million. ao -0.1 ¢ The cost of goods and services sold ee amounted to €9.23 million in the 24 aa quarter of 2024, being lower by 3.9% vs 2023 same period. 0.5 ¢ Administrative and marketing expenses 0.0 increased by 16.5% or €0.25 million » ; &
Slide 7: Revenues, € million
Revenues, € million 62 62 2m quarter WS 45s 2024 = 2023 15 45 a 01 00 Private customer W&S Business customer OutsideareaW&S Outside area stormwater 124 422 6 months =2024. 2028 88 37 29 30 a 02 01 Private customer WSS Business customer OutsideareaWSS Outside area vas stormwater Volumes, million m? 8
Slide 8: Direct production costs
• Direct production costs • • •
Slide 9: Cash flow, € Million
N a € Million N 3° 15 10 CF end Q1'23/ open.. Operating Investing Financing CF end Q2'23/ open..! Operating Investing Financing CF end Q3'23 / open... Operating 8.8 Investing Financing 147 CF end Q4'23 / open... 5.7 Be 0.2 Parry Be Fe esp acta Seka eas & § sg 2¢é 6 £8 14.5 CF end Q1'24 / open..! 657
Slide 10: 2024 investments
2024 investments Total Investment by year (€ million) 60.8 34.9 25.1 16.8 19.4 154 18.0 Wastewater treatment plant; 22% 2019 2020 2021 2022 2023 20246M 2024 EST Actual In recent years, the scale of investments has notably expanded. Our emphasis lies in Future-proofing — ensuring the resilience of ne
Slide 11: Regulated asset base, WACC and regulated revenue
250 6.28% 6,4% 6,2% 200 222.3 fo 173.2 io" . 173.2 ~ 150 58% =) rs 9, © 100 5.45% 5 St 5.45% 54% 50 5,2% (e) 5,0% 2019 decision 2022 decision 2024 decision RAB (mEUR) —WACC (%) 60 50 53.2 40 44.6 a 38.9 30 E 20 10 ie) 2019 decision 2022 decision 2024 decision Regulated revenue (mEUR) Increase in ope
Slide 12: Q&A session
Aleksandr Timofejev Taavi Gr66n CEO CFO Member of the Management Board Member of the Management Board Q&A session Talia Vest
Slide 13: Subscribe to stock exchange releases
siee _ Subscribe to receive stock exchange releases and other information disclosed by AS Tallinna Vesi. ‘Subscription can be done via e-mail: [email protected]. Company ph., +372 62 62 200, E-mail [email protected]