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

4372

Submission date and time

21.03.2014 09:30:00

Content of announcement in Estonian

Title

AS Tallinna Vesi nõukogu kinnitas 2013. aasta majandustulemused

Message

AS Tallinna Vesi nõukogu kinnitas 2013. aasta auditeeritud majandustulemused.
Finantstulemused ei ole, võrreldes 24. jaanuaril 2014. a. avaldatud esialgsete
tulemustega, muutunud. 

Ettevõtte 2013. aasta müügitulu on võrreldes 2012. aastaga jäänud stabiilseks
ulatudes 53,1 miljoni euroni. 

Aruandeaasta ärikasum langes 2012. aastaga võrreldes 14% võrra, 28,8 miljonilt
eurolt 24,8 miljoni euroni.  Ärikasumi langust mõjutas nii suurenenud
saastetasu kui ka vee- ja kanalisatsioonivõrkude laiendamise kava lõpetamine
2012. aastal, mistõttu 2013. aastal torustike kompensatsioonist teenitud tulu
puudus. 

Ettevõtte põhitegevuse osas oli reaalne tulukus investeeritud kapitalilt 5,7%
2013. aastal ja 6,2% erastamisjärgsel perioodil, olles samal tasemel teiste
erastatud vee-ettevõtete poolt teenitud tulukuse määraga. 

2013. a. auditeeritud majandusaasta aruanne on lisatud käesolevale teatele
manusena. 


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

Content of announcement in English

Title

AS Tallinna Vesi Supervisory Council confirmed 2013 financial results

Message

The Supervisory Council of AS Tallinna Vesi approved the audited financial
results for the year 2013. The financial results remained unchanged compared to
the preliminary disclosure on 24th of January 2014. 

The Company’s sales revenue for 2013 remained broadly flat standing at 53,1
million euros, compared to 2012. 

The Company’s operating profit decreased by 14%, from 28,8 million euros to
24,8 million euros, compared to the previous year. The decrease was affected by
the increased pollution tax but also by the fact that the extension program of
water and wastewater network was finished in 2012 and in 2013 there was no
income for the compensation for pipes. 

The real return on invested capital in the Company's main business was 5,7% in
2013 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. 

Audited finacial results for the year 2013 have been included as an attachement
to this announcement. 


         Mariliis Mia Topp
         Head of Communications
         AS Tallinna Vesi
         Tel: (+372) 62 62 275
         [email protected]