Cash Flow Statement
Cash Flow Statement HHLA Group
in € thousand |
Note |
2015 |
2014 |
|||
1. Cash flow from operating activities |
|
|
|
|||
Earnings before interest and taxes (EBIT) |
|
156,539 |
169,288 |
|||
Depreciation, amortisation, impairment and reversals on non-financial non-current assets |
|
124,238 |
124,886 |
|||
Decrease in provisions |
|
- 16,509 |
- 13,190 |
|||
Result from the disposal of non-current assets |
|
- 2,723 |
310 |
|||
Change in inventories, trade receivables and other assets not attributable to investing or financing activities |
|
968 |
- 2,654 |
|||
Change in trade payables and other liabilities not attributable to investing or financing activities |
|
- 4,414 |
16,727 |
|||
Interest received |
|
3,692 |
2,344 |
|||
Interest paid |
|
- 18,980 |
- 19,730 |
|||
Income tax paid |
|
- 41,107 |
- 38,724 |
|||
Exchange rate and other effects |
|
- 6,363 |
- 5,903 |
|||
Cash flow from operating activities |
|
195,341 |
233,354 |
|||
|
|
|
|
|||
2. Cash flow from investing activities |
|
|
|
|||
Proceeds from disposal of intangible assets, property, plant and equipment and investment property |
|
13,774 |
3,047 |
|||
Payments for investments in property, plant and equipment and investment property |
|
- 150,800 |
- 89,195 |
|||
Payments for investments in intangible assets |
- 8,814 |
- 8,309 |
||||
Proceeds from disposal of non-current financial assets |
|
361 |
0 |
|||
Payments for investments in non-current financial assets |
|
- 1,685 |
0 |
|||
Proceeds from disposal of interests in consolidated companies and other business units (including funds sold) |
|
0 |
0 |
|||
Payments for acquiring interests in consolidated companies and other business units (including funds purchased) |
|
0 |
- 61 |
|||
Proceeds/payments for short-term deposits |
|
16,950 |
- 20,000 |
|||
Cash flow from investing activities |
|
- 130,214 |
- 114,518 |
|||
|
|
|
|
|||
3. Cash flow from financing activities |
|
|
|
|||
Payments for increasing interests in fully consolidated companies |
|
0 |
- 259 |
|||
Dividends paid to shareholders of the parent company |
- 40,482 |
- 34,903 |
||||
Dividends/settlement obligation paid to non-controlling interests |
|
- 32,400 |
- 32,063 |
|||
Redemption of lease liabilities |
|
- 7,144 |
- 7,031 |
|||
Proceeds from the issuance of bonds and (financial) loans |
|
121,265 |
23,085 |
|||
Payments for the redemption of (financial) loans |
|
- 126,482 |
- 29,412 |
|||
Exchange-rate effects |
|
2,518 |
1,594 |
|||
Cash flow from financing activities |
|
- 82,725 |
- 78,989 |
|||
|
|
|
|
|||
4. Financial funds at the end of the period |
|
|
|
|||
Change in financial funds (subtotals 1.–3.) |
|
- 17,598 |
39,847 |
|||
Change in financial funds due to exchange rates |
|
- 2,604 |
- 5,299 |
|||
Financial funds at the beginning of the period |
|
185,617 |
151,069 |
|||
Financial funds at the end of the period |
165,415 |
185,617 |
Cash Flow Statement HHLA Subgroups
in € thousand; Port Logistics Subgroup and Real Estate Subgroup; annex to the notes |
2015 |
2015 |
2015 |
2015 |
||||
1. Cash flow from operating activities |
|
|
|
|
||||
Earnings before interest and taxes (EBIT) |
156,539 |
141,075 |
15,150 |
314 |
||||
Depreciation, amortisation, impairment and reversals on non-financial non-current assets |
124,238 |
119,473 |
5,079 |
- 314 |
||||
Decrease in provisions |
- 16,509 |
- 16,031 |
- 478 |
|
||||
Result from the disposal of non-current assets |
- 2,723 |
- 2,802 |
79 |
|
||||
Change in inventories, trade receivables and other assets not attributable to investing or financing activities |
968 |
3,370 |
- 1,850 |
- 552 |
||||
Decrease in trade payables and other liabilities not attributable to investing or financing activities |
- 4,414 |
- 1,157 |
- 3,809 |
552 |
||||
Interest received |
3,692 |
3,757 |
56 |
- 121 |
||||
Interest paid |
- 18,980 |
- 14,669 |
- 4,432 |
121 |
||||
Income tax paid |
- 41,107 |
- 39,857 |
- 1,250 |
|
||||
Exchange rate and other effects |
- 6,363 |
- 6,363 |
0 |
|
||||
Cash flow from operating activities |
195,341 |
186,796 |
8,545 |
0 |
||||
|
|
|
|
|
||||
2. Cash flow from investing activities |
|
|
|
|
||||
Proceeds from disposal of intangible assets, property, plant and equipment and investment property |
13,774 |
13,730 |
44 |
|
||||
Payments for investments in property, plant and equipment and investment property |
- 150,800 |
- 149,910 |
- 890 |
|
||||
Payments for investments in intangible assets |
- 8,814 |
- 8,810 |
- 4 |
|
||||
Proceeds from disposal of non-current financial assets |
361 |
361 |
0 |
|
||||
Payments for investments in non-current financial assets |
- 1,685 |
- 1,685 |
0 |
|
||||
Proceeds from disposal of interests in consolidated companies and other business units (including funds sold) |
0 |
0 |
0 |
|
||||
Payments for acquiring interests in consolidated companies and other business units (including funds purchased) |
0 |
0 |
0 |
|
||||
Proceeds from short-term deposits |
16,950 |
16,950 |
0 |
|
||||
Cash flow from investing activities |
- 130,214 |
- 129,364 |
- 850 |
0 |
||||
|
|
|
|
|
||||
3. Cash flow from financing activities |
|
|
|
|
||||
Payments for increasing interests in fully consolidated companies |
0 |
0 |
0 |
|
||||
Dividends paid to shareholders of the parent company |
- 40,482 |
- 36,425 |
- 4,057 |
|
||||
Dividends/settlement obligation paid to non-controlling interests |
- 32,400 |
- 32,400 |
0 |
|
||||
Redemption of lease liabilities |
- 7,144 |
- 7,144 |
0 |
|
||||
Proceeds from the issuance of bonds and (financial) loans |
121,265 |
46,265 |
75,000 |
|
||||
Payments for the redemption of (financial) loans |
- 126,482 |
- 57,376 |
- 69,106 |
|
||||
Exchange-rate effects |
2,518 |
2,518 |
0 |
|
||||
Cash flow from financing activities |
- 82,725 |
- 84,562 |
1,837 |
0 |
||||
|
|
|
|
|
||||
4. Financial funds at the end of the period |
|
|
|
|
||||
Change in financial funds (subtotals 1.–3.) |
- 17,598 |
- 27,130 |
9,532 |
|
||||
Change in financial funds due to exchange rates |
- 2,604 |
- 2,604 |
0 |
|
||||
Financial funds at the beginning of the period |
185,617 |
190,896 |
- 5,279 |
|
||||
Financial funds at the end of the period |
165,415 |
161,162 |
4,253 |
0 |
Cash Flow Statement HHLA Subgroups
in € thousand; Port Logistics Subgroup and Real Estate Subgroup; annex to the notes |
2014 |
2014 |
2014 |
2014 |
||||
1. Cash flow from operating activities |
|
|
|
|
||||
Earnings before interest and taxes (EBIT) |
169,288 |
155,585 |
13,389 |
314 |
||||
Depreciation, amortisation, impairment and reversals on non-financial non-current assets |
124,886 |
120,640 |
4,560 |
- 314 |
||||
Decrease in provisions |
- 13,190 |
- 12,564 |
- 626 |
|
||||
Result from the disposal of non-current assets |
310 |
314 |
- 4 |
|
||||
Change in inventories, trade receivables and other assets not attributable to investing or financing activities |
- 2,654 |
- 2,965 |
470 |
- 159 |
||||
Change in trade payables and other liabilities not attributable to investing or financing activities |
16,727 |
12,330 |
4,238 |
159 |
||||
Interest received |
2,344 |
2,295 |
183 |
- 134 |
||||
Interest paid |
- 19,730 |
- 15,569 |
- 4,295 |
134 |
||||
Income tax paid |
- 38,724 |
- 35,803 |
- 2,921 |
|
||||
Exchange rate and other effects |
- 5,903 |
- 5,903 |
0 |
|
||||
Cash flow from operating activities |
233,354 |
218,360 |
14,994 |
0 |
||||
|
|
|
|
|
||||
2. Cash flow from investing activities |
|
|
|
|
||||
Proceeds from disposal of intangible assets, property, plant and equipment and investment property |
3,047 |
2,824 |
223 |
|
||||
Payments for investments in property, plant and equipment and investment property |
- 89,195 |
- 64,959 |
- 24,236 |
|
||||
Payments for investments in intangible assets |
- 8,309 |
- 8,306 |
- 3 |
|
||||
Proceeds from disposal of interests in consolidated companies and other business units (including funds sold) |
0 |
51 |
0 |
- 51 |
||||
Payments for acquiring interests in consolidated companies and other business units (including funds purchased) |
- 61 |
- 61 |
- 51 |
51 |
||||
Payments for short-term deposits |
- 20,000 |
- 20,000 |
0 |
|
||||
Cash flow from investing activities |
- 114,518 |
- 90,451 |
- 24,067 |
0 |
||||
|
|
|
|
|
||||
3. Cash flow from financing activities |
|
|
|
|
||||
Payments for increasing interests in fully consolidated companies |
- 259 |
- 259 |
0 |
|
||||
Dividends paid to shareholders of the parent company |
- 34,903 |
- 31,522 |
- 3,381 |
|
||||
Dividends/settlement obligation paid to non-controlling interests |
- 32,063 |
- 32,063 |
0 |
|
||||
Redemption of lease liabilities |
- 7,031 |
- 7,031 |
0 |
|
||||
Proceeds from the issuance of bonds and (financial) loans |
23,085 |
23,085 |
0 |
|
||||
Payments for the redemption of (financial) loans |
- 29,412 |
- 25,306 |
- 4,106 |
|
||||
Exchange-rate effects |
1,594 |
1,594 |
0 |
|
||||
Cash flow from financing activities |
- 78,989 |
- 71,502 |
- 7,487 |
0 |
||||
|
|
|
|
|
||||
4. Financial funds at the end of the period |
|
|
|
|
||||
Change in financial funds (subtotals 1.–3.) |
39,847 |
56,407 |
- 16,560 |
|
||||
Change in financial funds due to exchange rates |
- 5,299 |
- 5,299 |
0 |
|
||||
Financial funds at the beginning of the period |
151,069 |
139,788 |
11,281 |
|
||||
Financial funds at the end of the period |
185,617 |
190,896 |
- 5,279 |
0 |