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

Categories

Annual financial report

Unique data record identifier

3608

Submission date and time

23.03.2012 09:00:00

Content of announcement in Estonian

Title

AS Tallinna Vesi nõukogu kinnitas 2011. aasta majandustulemused

Message

AS Tallinna Vesi nõukogu kinnitas 2011. aasta majandustulemused

AS Tallinna Vesi nõukogu kinnitas 2011. aasta auditeeritud majandustulemused,
Ettevõtte finantstulemused võrreldes 27. jaanuaril 2012 avaldatud esialgsete
tulemustega ei muutunud. 

Ettevõtte käive põhitegevusest, st veevarustuse- ja kanalisatsiooniteenuse
müügist, kasvas 3 protsendi võrra 46,5 miljoni euroni ning ärikasum nendest
tegevustest suurenes 5 protsendi võrra 25,4 miljoni euroni. Meie põhitegevuse
osas oli reaalne tulukus investeeritud kapitalilt 6,5 protsenti 2011. aastal ja
6,2 protsenti erastamisjärgsel perioodil, olles samal tasemel teiste erastatud
vee-ettevõtete poolt teenitud tulukuse määraga. 

Ettevõte on otsustanud lükata edasi aktsionäride korralise koosoleku toimumise
aja nädala võrra ehk  22. maile 2012. 




         Siiri Lahe
         Finantsdirektor
         Juhatuse liige
         Tel. 62 62 262

Content of announcement in English

Title

AS Tallinna Vesi Supervisory Council confirmed 2011 financial results

Message

AS Tallinna Vesi Supervisory Council confirmed 2011 financial results

The Supervisory Council of AS Tallinna Vesi confirmed the audited financial
results for the year 2011. The financial reports remained unchanged compared to
the preliminary disclosure on 27 January 2012. 

The Company's turnover from the main business activity, the sales of water and
wastewater increased by 3 per cent to 46.5 million euros and the operating
profit from these activities increased by 5 per cent to 25,4 million euros. The
real return on invested capital in the Company's main business was 6.5 per cent
in 2011 and 6.2% during the period after privatization from 2001, which is in
accordance with the rates of return made by other privatized water utilities. 

The Company has decided to postpone the date of the Annual General Meeting of
the Company's shareholders by one week to May 22th 2012. 




         Siiri Lahe
         Chief Financial Officer
         Member of the Management Board
         Phone 62 62 262