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

Other price sensitive information

Unique data record identifier

3837

Submission date and time

26.10.2012 09:31:00

Content of announcement in Estonian

Title

AS Tallinna Vesi 2012. aasta 9 kuu majandustulemused püsivad stabiilsed

Message

Ettevõtte 2012. aasta 9 kuu puhaskasum püsis võrreldes 2011. aasta sama
perioodiga, kasvades 0,1 miljoni euro võrra. 

AS-i Tallinna Vesi juhatuse esimees Ian Plenderleith selgitas, et Ettevõtte
majandustulemused on püsinud tugevad hoolimata sellest, et tariifid on
külmutatud 2010. aasta tasemel. “Tootmistulemuste olulisemad näitajad
reoveepuhastuses, võrkude toimivuses kui lekete osakaalus on aegade parimal
tasemel,” lisas Plenderleith. 

Ettevõte soovib tähelepanu juhtida, et aktsia hind on 2012. aastal tõusnud 36%
võrra. Seda tänu Tallinna Halduskohtu otsusele, mille kohaselt on Teenuslepingu
tariifide osa haldusleping. 

Ettevõte andmetel on ajaperioodi 2001 kuni 2012 keskmine reaalne tulukus
investeeritud kapitalilt olnud 6,2% ning see on täielikult kooskõlas nii
Inglismaa, Walesi kui ka Hollandi regulaatorite poolt lubatud reaalse
tulukusega. Ettevõte usub jätkuvalt läbipaistva regulatsiooni olulisusesse ja
on valmis astuma sisulisse dialoogi võttes arvesse 2001. aastal sõlmitud
erastamislepingu tingimusi. 


         Mariliis Mia Topp
         Kommunikatsioonijuht
         AS Tallinna Vesi
         62 62 275
         [email protected]

Content of announcement in English

Title

AS Tallinna Vesi’s financial results for 9 months of 2012 results show stability

Message

The Company’s net profit in 9 months of 2012 remained stable compared to the
same period of 2011,  increasing by 0,1 mln euros. 

AS Tallinna Vesi’s chairman of the management board explained that the
financial performance of the Company has remained solid, despite the frozen
tariffs on 2010 level. ”The operational performance highlights the best ever
results in key indicators such us wastewater treatment, networks and level of
leakages,” Plenderleith added. 

The Company would like to highlight that the share price has increased by 36%
during 2012 due to Tallinn District Court’s confirmation that tariffs part of
the Services Agreement is a public law agreement. 

The Company has calculated that the average real return on invested capital
from 2001 till 2012 has been 6.2% and this is fully in accordance with the real
returns allowed by UK and Dutch regulators. The Company has continuously stated
its belief in fully transparent regulation and its willingness to enter into
meaningful and evidence-based dialogue that takes into account the
privatization contract signed in 2001. 




         Mariliis Mia Topp
         Head of Communications
         AS Tallinna Vesi
         62 62 275
         [email protected]