Cash flow statement

Cash flow statement – HHLA subgroups

in € thousand; Port Logistics subgroup and Real Estate subgroup;
annex to the condensed notes

 

1–6 | 2019
Group

 

1–6 | 2019
Port Logistics

 

1–6 | 2019
Real Estate

 

1–6 | 2019
Consolidation

1. Cash flow from operating activities

 

 

 

 

 

 

 

 

Earnings before interest and taxes (EBIT)

 

114,335

 

105,644

 

8,506

 

185

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

 

78,604

 

75,099

 

3,690

 

- 185

Increase (+), decrease (-) in provisions

 

- 1,935

 

- 1,789

 

- 146

 

 

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

 

- 3,267

 

- 3,267

 

0

 

 

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

 

- 10,557

 

- 10,691

 

125

 

9

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

 

31,878

 

31,977

 

- 90

 

- 9

Interest received

 

1,222

 

1,279

 

18

 

- 75

Interest paid

 

- 16,035

 

- 15,216

 

- 894

 

75

Income tax paid

 

- 19,918

 

- 18,242

 

- 1,676

 

 

Exchange rate and other effects

 

- 1,228

 

- 1,228

 

0

 

 

Cash flow from operating activities

 

173,099

 

163,566

 

9,533

 

0

 

 

 

 

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

 

 

 

 

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

 

4,447

 

4,447

 

0

 

 

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

 

- 59,590

 

- 57,187

 

- 2,403

 

 

Payments for investments in intangible assets

 

- 4,846

 

- 4,845

 

- 1

 

 

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

 

- 2,650

 

- 2,650

 

0

 

 

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

 

- 27,550

 

- 27,550

 

0

 

 

Cash flow from investing activities

 

- 90,190

 

- 87,786

 

- 2,404

 

0

 

 

 

 

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

 

 

 

 

Payments for equity repatriation

 

0

 

0

 

0

 

 

Payments for increasing interests in fully consolidated companies

 

0

 

0

 

0

 

 

Dividends paid to shareholders of the parent company

 

- 61,719

 

- 56,040

 

- 5,679

 

 

Dividends/settlement obligation paid to non-controlling interests

 

- 29,661

 

- 29,661

 

0

 

 

Redemption of lease liabilities

 

- 22,068

 

- 20,605

 

- 1,463

 

 

Proceeds from the issuance of bonds and (financial) loans

 

0

 

0

 

0

 

 

Payments for the redemption of (financial) loans

 

- 14,164

 

- 12,200

 

- 1,964

 

 

Cash flow from financing activities

 

- 127,612

 

- 118,506

 

- 9,106

 

0

 

 

 

 

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

 

 

 

 

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

 

- 44,703

 

- 42,727

 

- 1,976

 

0

Change in financial funds due to exchange rates

 

787

 

787

 

0

 

 

Financial funds at the beginning of the period

 

253,989

 

232,862

 

21,127

 

 

Financial funds at the end of the period

 

210,073

 

190,922

 

19,151

 

0

Cash flow statement – HHLA subgroups

in € thousand; Port Logistics subgroup and Real Estate subgroup;
annex to the condensed notes

 

1–6 | 2018
Group

 

1–6 | 2018
Port Logistics

 

1–6 | 2018
Real Estate

 

1–6 | 2018
Consolidation

1. Cash flow from operating activities

 

 

 

 

 

 

 

 

Earnings before interest and taxes (EBIT)

 

99,943

 

91,364

 

8,395

 

184

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

 

57,783

 

55,485

 

2,482

 

- 184

Increase (+), decrease (-) in provisions

 

- 2,350

 

- 2,127

 

- 223

 

 

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

 

- 3,350

 

- 3,349

 

- 1

 

 

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

 

- 38,422

 

- 37,973

 

- 630

 

181

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

 

13,509

 

11,874

 

1,816

 

- 181

Interest received

 

907

 

970

 

20

 

- 83

Interest paid

 

- 6,268

 

- 4,478

 

- 1,873

 

83

Income tax paid

 

- 24,805

 

- 23,315

 

- 1,490

 

 

Exchange rate and other effects

 

- 1,034

 

- 1,034

 

0

 

 

Cash flow from operating activities

 

95,913

 

87,417

 

8,496

 

0

 

 

 

 

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

 

 

 

 

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

 

4,169

 

4,168

 

1

 

 

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

 

- 30,334

 

- 24,377

 

- 5,957

 

 

Payments for investments in intangible assets

 

- 6,430

 

- 6,430

 

0

 

 

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

 

- 72,236

 

- 72,236

 

0

 

 

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

 

20,000

 

20,000

 

0

 

 

Cash flow from investing activities

 

- 84,831

 

- 78,875

 

- 5,956

 

0

 

 

 

 

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

 

 

 

 

Payments for equity repatriation

 

- 342

 

- 342

 

0

 

 

Payments for increasing interests in fully consolidated companies

 

- 51,845

 

- 51,845

 

0

 

 

Dividends paid to shareholders of the parent company

 

- 52,342

 

- 46,933

 

- 5,409

 

 

Dividends/settlement obligation paid to non-controlling interests

 

- 30,901

 

- 30,901

 

0

 

 

Redemption of lease liabilities

 

- 2,058

 

- 2,058

 

0

 

 

Proceeds from the issuance of bonds and (financial) loans

 

11,077

 

11,077

 

0

 

 

Payments for the redemption of (financial) loans

 

- 13,675

 

- 11,712

 

- 1,963

 

 

Cash flow from financing activities

 

- 140,086

 

- 132,714

 

- 7,372

 

0

 

 

 

 

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

 

 

 

 

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

 

- 129,004

 

- 124,172

 

- 4,832

 

0

Change in financial funds due to exchange rates

 

890

 

890

 

0

 

 

Financial funds at the beginning of the period

 

255,514

 

244,631

 

10,883

 

 

Financial funds at the end of the period

 

127,400

 

121,349

 

6,051

 

0