Cash flow statement

Cash flow statement – HHLA Group

in € thousand

 

1–6 | 2019

 

1–6 | 2018

1. Cash flow from operating activities

 

 

 

 

Earnings before interest and taxes (EBIT)

 

114,335

 

99,943

Depreciation, amortisation, impairment and reversals on non-financial non-current assets

 

78,604

 

57,783

Increase (+), decrease (-) in provisions

 

- 1,935

 

- 2,350

Gains (-), losses (+) from the disposal of non-current assets

 

- 3,267

 

- 3,350

Increase (-), decrease (+) in inventories, trade receivables and other assets not attributable to investing or financing activities

 

- 10,557

 

- 38,422

Increase (+), decrease (-) in trade payables and other liabilities not attributable to investing or financing activities

 

31,878

 

13,509

Interest received

 

1,222

 

907

Interest paid

 

- 16,035

 

- 6,268

Income tax paid

 

- 19,918

 

- 24,805

Exchange rate and other effects

 

- 1,228

 

- 1,034

Cash flow from operating activities

 

173,099

 

95,913

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

Proceeds from disposal of intangible assets, property, plant and equipment and investment property

 

4,447

 

4,169

Payments for investments in property, plant and equipment and investment property

 

- 59,590

 

- 30,334

Payments for investments in intangible assets

 

- 4,846

 

- 6,430

Payments for the acquisition of interests in consolidated companies and other business units (including funds purchased)

 

- 2,650

 

- 72,236

Proceeds (+), payments (-) for short-term deposits

 

- 27,550

 

20,000

Cash flow from investing activities

 

- 90,190

 

- 84,831

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

Payments for equity repatriation

 

0

 

- 342

Payments for increasing interests in fully consolidated companies

 

0

 

- 51,845

Dividends paid to shareholders of the parent company

 

- 61,719

 

- 52,342

Dividends/settlement obligation paid to non-controlling interests

 

- 29,661

 

- 30,901

Redemption of lease liabilities

 

- 22,068

 

- 2,058

Proceeds from the issuance of bonds and (financial) loans

 

0

 

11,077

Payments for the redemption of (financial) loans

 

- 14,164

 

- 13,675

Cash flow from financing activities

 

- 127,612

 

- 140,086

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

Change in financial funds (subtotals 1.–3.)

 

- 44,703

 

- 129,004

Change in financial funds due to exchange rates

 

787

 

890

Financial funds at the beginning of the period

 

253,989

 

255,514

Financial funds at the end of the period

 

210,073

 

127,400