10. Pension provisions

The calculation of pension provisions as of 30 June 2019 was based on an interest rate of 0.70 % (31 December 2018: 1.60 %; 30 June 2018: 1.50 %). The calculation of the HHLA capital plan as of 30 June 2019 was based on an interest rate of 0.90 % (31 December 2018: 1.80 %; 30 June 2018: 1.70 %). Actuarial gains/losses changed as follows. These are recognised in equity without effect on profit and loss.

Development of actuarial gains/losses

in € thousand

 

2019

 

2018

Cumulative actuarial gains (+)/losses (-) as of 1 January

 

- 68,783

 

- 80,303

Changes in the financial year due to a change in interest rates and experience-based adjustments

 

- 51,040

 

1,899

Cumulative actuarial gains (+)/losses (-) as of 30 June

 

- 119,823

 

- 78,404