2005 - 2006 - Pinsent Masons Water Yearbook 2012

UNITED KINGDOM PART 3 (i): COMPANY ANALYSIS: MAJOR PLAYERS
Tallinna Vesi AS, profit & loss account
FY 31/12 (EEK million) 2002 2003 2004
Water sales 201.5 200.9 220.7
Wastewater sales 178.0 180.7 204.5
Other sales 140.0 122.4 123.3
Total revenues 512.5 504.0 548.5
Net Income 146.2 104.5 173.0
The IPO of Tallinna Vesi saw UU’s stake fall from 38% to 27%. See separate company entry for
Tallinna Vesi.
Bulgaria
1999 Sofia 25 year concession 1.3 million water and wastewater
UUI and International Water were awarded the concession in December 1999. The winning bid was
based on fees of US$152 million against US$239-273 million tendered by Suez and Berlin Water and
US$66 million in capex in the first three years, against US$59-64 million by the same companies.
US$200 million will be invested in the city’s infrastructure over the life of the concession. The contract
is worth £700 million over its life. UU holds 60% of Sofiyska Voda.
Australia
UU serves a total of 500,000 people via 12 water treatment facilities and two industrial wastewater
treatment projects. These have been carried out in both cases as a JV with Australia’s Transfield
Group, with 50% of the equity held by UU Australia. UU has indicated that it is keen to acquire one or
more of the Australian water and sewerage entities that are currently being mooted for privatisation.
2004 Fleurieu Peninsula 20 year BOT 5,000 wastewater
A A$32 million wastewater treatment plant for Victor Harbour in South Australia, designed to handle
an average flow of 5 Ml/day. The facility enered service in mid 2005. Victor Harbour is a tourist resort
on the Fleurieu Peninsula, with a resident populatiomn of 5,000 and an average population of 20,000.
2003 Coliban 10 + 5 year O&M 130,000 water & wastewater
Campaspe Asaset Management is responsible for O&M for a number of municipalities in northern and
central Victoria. This includes 22 water and 10 wastewater treatment plants.
1993 Melbourne 25 year BOOT 300,000 water
This was the first BOOT project in the Australian Water industry, involving the renovation of Yan Yean
reservoir, the oldest in Victoria, particularly during summer months when demand is high. A new
direct filtration plant has replaced existing basic treatment facilities and now has a capacity of
155,000Ml/day. It can reach a population of over 300,000 and supply 100,000 of these people at any
one time. After A$25 million in spending, the refurbished facility entered service in 1994.
1995 Sydney 25 year BOOT 230,000 water
The Build, Own, Operate, and Transfer (BOOT) contract was awarded in 1992 and the facility entered
service in 1995. It involved the construction of a new water treatment works costing A$124 million.
The plant provides a population of 230,000 people with up to 265Ml of water per day. After 25 years,
Sydney water can either buy the facility or renegotiate another operations contract.
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Pinsent Masons Water Yearbook 2005 – 2006