22. Intangible assets

In the Container segment, goodwill of € 35,525 thousand is attributable to the cash-generating unit (CGU) CTT/Rosshafen and further goodwill of € 1,893 thousand is attributable to the CGU HCCR. Of the CGU CTT/Rosshafen’s goodwill, € 30,929 thousand was generated by the acquisition of all the shares in HHLA Rosshafen Terminal GmbH, Hamburg, in 2006. Goodwill is primarily derived from additional strategic options to expand the Group’s handling activities at the sites rented long-term by the company. Derived goodwill of € 7,587 thousand from the acquisition of HHLA TK Estonia AS, Tallinn, Estonia, in 2018 is also attributable to the Container segment.

The derived goodwill attributable to the Logistics segment in the amount of € 9,019 thousand arising from the acquisition of Bionic Production GmbH, Lüneburg, reflects the further technological development and the planned establishment and expansion of customer relations in light of the anticipated market penetration of 3-D printing technologies. HHLA can therefore share in new technologies which have the potential to be deployed in the wider port and logistics sector in the future. For further details, please refer to Note 3.

The changes in the scope of consolidation of other intangible assets in the amount of € 4,001 thousand mainly include acquired technologies of Bionic Production GmbH of € 3,505 thousand. These technologies relate to 3-D printing and intelligent welding solutions. The previous year’s figure mainly includes customer-related intangible assets (customer relations) in the amount of € 7,361 thousand relating to the simplified access of HHLA TK Estonia AS to an existing customer base.

Additions and disposals of internally developed software mainly relate to the migration of a new terminal management system and the associated replacement of the previous terminal management system.