Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
This announcement has been corrected.
Corrected version
CORRECTION: AS Tallinna Vesi's main business operating profit decreased by 10.1% in 2010
Categories
Other price sensitive information
Unique data record identifier
2901
Submission date and time
28.01.2011 09:00:00
Content of announcement in Estonian
Title
AS Tallinna Vesi kasum põhitegevusest vähenes aastaga 10,9 protsenti
Message
Tallinn, Eesti, 2011-01-28 08:00 CET (GLOBE NEWSWIRE) --AS Tallinna Vesi tegevuskasum vee ja kanalisatsiooniteenuste müügist vähenes
2010. aastal 10,9 protsenti 377,9 miljoni kroonini (24,15 miljoni euroni).
Kasum muudest tegevustest suurenes 25,2 protsenti 51,8 miljoni kroonini (3,31
miljoni euroni).
AS Tallinna Vesi juhatuse esimehe Ian Plenderleithi sõnul mõjutasid möödunud
aasta majandustulemusi olulisel määral müügimahu langus Tallinnas ning kõrgemad
reostustasud ja elektrikulud. „Kui Tallinna müügimahtude langust kompenseeris
müügimahtude suurenemine väljaspool põhiteeninduspiirkonda ning esmakordne
täisaastal Maardus opereerimine, siis kulutusi mõjutasid erakordsed
ilmastikuolud, suurenenud reostuskoormus ning elektrituru avanemisest tingitud
järsk hüpe elektrikuludes,“ selgitas Plenderleith. Täiendavalt mõjutas
müügitulude langust Tallinnas ka veehindade 0,9 protsendiline vähenemine
Tallinnas 2010. aasta jaanuaris.
„Samas valmistab heameelt, et vaatamata keerulistele väljakutsetele on Ettevõte
suutnud linnakodanikele tagada aegade parima joogiveekvaliteedi,“ lisas
Plenderleith. 2010. aastal tarbijate kraanidest võetud joogiveeproovidest
vastasid kvaliteedinõuetele 99,59 protsenti, mis ületab seaduse ja
Teenuslepinguga nõutud 95 protsendilist kvaliteeditaset.
AS Tallinna Vesi investeeris 2010. aastal 274,3 miljonit krooni (17,53 miljonit
eurot) uute põhivarade rekonstrueerimisse ning ehitusse. Peamised uued
projektid olid täiendava puhastusetapi ehitamine Paljassaare
reoveepuhastusjaama ning võrkude laiendamise kava lõpuleviimine. AS Tallinna
Vesi rajas möödunud aastal Tallinnas 61,9 kilomeetrit uusi torustikke ning
andis seeläbi enam kui 1100-le perele võimaluse liituda ühisveevärgi- ja
kanalisatsioonisüsteemiga.
2010. aasta kolmandas kvartalis võeti vastu „Monopolidele hinnapiirangute
kehtestamise seadus“, mis jõustus 1. novembril ning millega anti vee-ja
kanalisatsioonihindade kooskõlastamine Tallinna linnalt üle Konkurentsiametile.
Ettevõte esitas 9. novembril Konkurentsiametile hinnataotluse viieks aastaks,
mille raames taotles 2011. aastal 3,5 protsendilist hinnatõusu. Selline taotlus
esitati vastavalt Teenuslepinguga kokku lepitud tingimustele ning vastavalt
parimatele erastatud kommunaalettevõtete regulatsioonitavadele, sarnaselt
Suurbritannias Ofwati poolt kasutatavatele.
„Hetkel ei ole Ettevõttel võimalik öelda, milliseks kujunevad tariifid 2011.
aastal, sest on ebaselge, kuidas Konkurentsiamet kavatseb analüüsida ning
menetleda hinnataotlust ning kas võetakse arvesse erastamislepingu ning
Teenuslepingu tingimusi,“ märkis Plenderleith.
Priit Koff
avalike suhete juht
AS Tallinna Vesi
62 62 209
[email protected]
Content of announcement in English
Title
AS Tallinna Vesi's main business operating profit decreased by 10.9% in 2010
Message
Tallinn, Estonia, 2011-01-28 08:00 CET (GLOBE NEWSWIRE) --In 2010 AS Tallinna Vesi's operating profit from water and wastewater related
activities decreased by 10.9 per cent to 377.9 million kroons (24.15 million
euros) compared to 2009. Profits from other activities increased by 25.2 per
cent to 51.8 million kroons (3.31 million euros).
AS Tallinna Vesi's CEO Ian Plenderleith said that last year's financial results
were severely impacted by sales volume decreases in Tallinn and higher
pollution tax and electricity costs.. „Whilst the sales revenue decrease in
Tallinn was compensated by a volume increase in outside service areas and the
first full year implementation of the Maardu contract, our costs were severley
impacted by the exceptional weather conditions, increased pollution load and a
surge in electricity costs that resulted from the opening of the electricity
market,“ commented Plenderleith. Additionally the reduction of water and
wastewater tariffs by 0.9 per cent January 2010 also contributed to the drop in
sales revenues in Tallinn.
„We are however pleased that while dealing with difficult challenges, we have
managed to ensure the best ever drinking water quality for the residents of the
city,“ added Plenderleith. 99.59 per cent of water samples taken from the taps
of the customers were compliant with quality requirements, exceeding the 95 per
cent requirement established by law and the Services Agreement.
AS Tallinna Vesi invested 274.3 million kroons (17.53 million euros) into
reconstruction and construction of new fixed assets in 2010. The main new
projects were the construction of the additional treatment stage at Paljassaare
wastewater treatment plant and the completion of the network extension program.
AS Tallinna Vesi laid 61,9 kilometres of new pipes in 2010 and gave more than
1100 families the opportunity to connect to the public water and wastewater
network.
In the third quarter of the year, the Anti-Monopoly Bill was passed and became
effective on November 1st, transferring the water and wastewater tariff
approval process from the City of Tallinn to the Competition Authority . On
November 9th the Company submitted a five year tariff application to the
Competiton Authority, within which requesting a 3.5% tariff increase in 2011.
This application was made as per the terms contractually agreed in the Services
Agreement and in accordance with best practice regulation for privatized
utilities - based on the principles used by Ofwat in the UK.
„At this point in time the Company is unable to say what the tariffs will be
for 2011 as it is unclear how the Competition Authority intends to analyze and
proceed with the application, and whether the Competition Authority will
consider the terms and conditions of the privatisation contract and Services
Agreement,“ noted Plenderleith.
Priit Koff
Head of Public Relations
AS Tallinna Vesi
+372 62 62 209
[email protected]