Audited

Statement of Changes in Equity HHLA Group

Statement of Changes in Equity
in € thousand
	Parent company										Parent company interests	Non-controlling interests	Total consolidated equity
						Other comprehensive income
	Subscribed capital		Capital reserve		Retained consolidated earnings	Reserve for foreign currency translation	Cash flow hedges	Actuarial gains/losses	Deferred taxes on changes recognised directly in equity	Other
	A division	S division	A division	S division
Balance as of 31 December 2015	70,048	2,705	141,078	506	413,097	- 61,694	180	- 40,974	13,228	11,679	549,853	30,707	580,560
Dividends					- 46,062						- 46,062	- 3,280	- 49,342
Settlement obligation to shareholders with non-controlling interests											0	- 18,045	- 18,045
Acquisition of non-controlling interests in consolidated companies					- 6,220						- 6,220	- 9,273	- 15,493
First consolidation of interests in related parties/from associates accounted for using the equity method					1,501						1,501	258	1,759
Total comprehensive income					73,030	- 2,902	232	- 45,020	14,504	- 173	39,671	31,727	71,398
Balance as of 31 December 2016	70,048	2,705	141,078	506	435,345	- 64,595	412	- 85,995	27,733	11,507	538,744	32,094	570,838

Balance as of 31 December 2016	70,048	2,705	141,078	506	435,345	- 64,595	412	- 85,995	27,733	11,507	538,744	32,094	570,838
Dividends					- 46,738						- 46,738	- 3,321	- 50,059
Settlement obligation to shareholders with non-controlling interests											0	- 22,620	- 22,620
Total comprehensive income					81,065	- 5,446	- 7	5,747	- 1,920	126	79,565	24,637	104,202
Balance as of 31 December 2017	70,048	2,705	141,078	506	469,672	- 70,041	405	- 80,248	25,813	11,633	571,570	30,790	602,359