Audited

Segment report

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Segment report – HHLA Group

in € thousand; business segments;
annex to the notes

Port Logistics subgroup

Real Estate subgroup

Total

Consolidation and reconciliation with Group

Group¹⁾

Container

Intermodal

Logistics

Holding/Other

Real Estate

2018

2017

2018

2017

2018

2017

2018

2017

2018

2017

2018

2017

2018

2017

2018

2017

1)	Total investments do not include the acquisition of shares in HHLA TK Estonia AS.

Segment revenue

Segment revenue from non-affiliated third parties

751,687

740,560

432,398

412,399

53,370

46,067

16,859

17,279

36,822

35,501

1,291,136

1,251,806

1,291,136

1,251,806

Inter-segment revenue

7,222

6,003

1,363

1,579

6,469

4,773

127,584

129,951

2,429

2,395

145,067

144,700

- 145,067

- 144,700

Total segment revenue

758,909

746,563

433,761

413,978

59,839

50,840

144,443

147,230

39,251

37,896

1,436,203

1,396,506

Earnings

EBITDA

209,767

194,725

112,735

94,983

10,008

6,950

- 34,538

- 21,917

20,684

21,297

318,655

296,037

- 204

- 255

318,452

295,783

EBITDA margin

27.6 %

26.1 %

26.0 %

22.9 %

16.7 %

13.7 %

- 23.9 %

- 14.9 %

52.7 %

56.2 %

EBIT

131,574

109,398

89,104

69,910

5,614

2,552

- 39,475

- 26,839

15,459

16,285

202,275

171,306

1,945

1,882

204,220

173,188

EBIT margin

17.3 %

14.7 %

20.5 %

16.9 %

9.4 %

5.0 %

- 27.3 %

- 18.2 %

39.4 %

43.0 %

Assets

Segment assets

888,926

810,785

436,082

408,062

41,984

40,852

189,891

180,814

207,072

190,632

1,763,955

1,631,145

208,992

204,133

1,972,947

1,835,278

Other segment information

Investments in property, plant and equipment and investment property

61,187

79,590

54,793

45,497

413

1,285

5,382

4,573

8,374

6,146

130,149

137,091

130,149

137,091

Investments in intangible assets

1,463

1,605

279

174

951

8,714

3,797

11,419

5,648

- 309

- 176

11,110

5,472

Total investments

62,650

81,195

55,072

45,671

1,364

1,357

14,096

8,370

8,385

6,146

141,568

142,739

- 309

- 176

141,259

142,563

Depreciation of property, plant and equipment and investment property

71,895

75,179

23,433

24,812

4,336

4,345

3,585

3,790

5,215

4,999

108,463

113,125

- 1,729

- 1,590

106,734

111,536

of which impairment

Amortisation of intangible assets

6,299

10,148

198

260

1,352

1,132

7,918

11,606

- 420

- 547

7,498

11,059

Total amortisation and depreciation

78,194

85,327

23,631

25,072

4,395

4,398

4,937

4,922

5,225

5,012

116,381

124,731

- 2,149

- 2,137

114,232

122,595

Earnings from associates accounted for using the equity method

929

874

4,418

3,904

5,347

4,778

5,347

4,778

Non-cash items

19,583

30,901

655

1,652

845

1,088

16,726

12,487

607

447

38,416

46,575

38,460

46,634

Container throughput in thousand TEU

7,336

7,196

–

Container transport in thousand TEU

–

1,480