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
5210
Submission date and time
30.10.2015 09:35:00
Content of announcement in Estonian
Title
AS Tallinna Vesi puhaskasum vähenes 2015. aasta 3. kvartalis 12,5%
Message
2015. aasta 3. kvartalis oli ettevõtte puhaskasum 5,10 miljonit eurot,
vähenedes 0,73 miljoni euro võrra. Puhaskasumi 12,5%-ne langus, võrreldes 2014.
aasta 3. kvartaliga, oli peamiselt tingitud suurematest õigusabikuludest ja
negatiivsest muutusest SWAP lepingute õiglases väärtuses. 2015. aasta 3.
kvartalis kasvasid müügitulud 6,3 % võrra, 14,08 miljoni euroni, võrreldes
2014. aasta sama perioodiga. Vee- ja kanalisatsiooniteenuste müük püsis
võrdlemisi stabiilne ning kasv tulenes peamiselt suuremast toruehitus- ja
asfalteerimisteenuste müügist.
12. oktoobril 2015.a. esitas Tallinna Halduskohus põhjendused oma 5. juunil
tehtud otsusele jätta AS-i Tallinna Vesi kaebus rahuldamata. Tallinna
Halduskohus asus seisukohale, et Teenuslepingu tariife puudutav osa, mis on
Eesti kohtute poolt 2012. aastal tunnistatud halduslepinguks, ei ole
Konkurentsiametile siduv. AS Tallinna Vesi hinnangul ei ole kohtu seisukoht
põhjendatud ning ettevõte esitab apellatsioonkaebuse järgmise astme kohtusse
hiljemalt 11. novembril 2015.
Paralleelselt ning eraldiseisvana kohalikust kohtuvaidlusest, on käimas
rahvusvaheline vahekohtu menetlus.
Mariliis Mia Topp
AS Tallinna Vesi
Kommunikatsioonijuht
Tel: (+372) 6262 275
[email protected]
Content of announcement in English
Title
AS Tallinna Vesi’s net profit has decreased by 12.5% in the third quarter of 2015
Message
The net profit for the 3rd quarter of 2015 was 5.10 million euros, decreasing
by 0.73 million euros. The 12.5% drop compared to the 3rd quarter of 2014 is
mainly caused by the increase in legal expenses and the negative change in the
fair value of SWAP contracts.
Within the 3rd quarter, the sales revenues have increased by 6.3% to 14.08
million euros, compared to the same period in 2014. The sales of water and
wastewater services was rather stable and the increase was mostly driven by
higher pipeline construction and asphalting sales.
On 12th of October 2015, the Tallinn Administrative Court released the
reasoning of the dismissal of AS Tallinna Vesi’s complaints on 5th of June
2015. Tallinn Administrative Court formed an opinion that the tariffs part of
the Services Agreement, which has been deemed to be as a public law contract by
the Estonian Courts in 2012, is not binding on the Competition Authority. AS
Tallinna Vesi finds the opinion formed by the Court to be unfounded. AS
Tallinna Vesi will prepare and file the appeal to the next court instance
latest by 11th of November 2015.
In parallel to and separate from the local tariff dispute an International
Arbitration Proceedings are being held.
Mariliis Mia Topp
AS Tallinna Vesi
Head of Communications
Phone: (+372) 6262 275
[email protected]