Economy
in € million |
2018 |
2017 |
Change |
|||
Employees |
487.1 |
469.8 |
3.7 % |
|||
Shareholders |
138.5 |
105.9 |
30.8 % |
|||
Public authorities |
45.1 |
41.4 |
8.9 % |
|||
Lenders |
5.3 |
6.1 |
- 12.4 % |
|||
Total |
676.0 |
623.2 |
8.5 % |
Net added value rose by 8.5 % to € 676.0 million in the 2018 financial year (previous year: € 623.2 million). At 50.8 %, the added value ratio was slightly up on the previous year (previous year: 48.6 %). Net added value serves as an indicator of the economic value creation of a business activity. It is calculated by taking the production value and deducting all intermediate inputs, depreciation and amortisation. Added value is shared between employees, shareholders, the state (taxes) and lenders. The largest proportion, 72.1 % or € 487.1 million, went to employees.
Source of added value
Production value 2018: € 1,329 million = 100 %
Application of added value
Net added value 2018: € 676 million = 100 %
Production value – intermediate inputs (cost of materials, depreciation and amortisation, and other operating expenses); the value added generated is shared between the HHLA Group’s stakeholders, such as employees, shareholders, lenders and the local community.
Production value – intermediate inputs (cost of materials, depreciation and amortisation, and other operating expenses); the value added generated is shared between the HHLA Group’s stakeholders, such as employees, shareholders, lenders and the local community.