25. Associates accounted for using the equity method
in € thousand |
|
31.12.2020 |
|
31.12.2019 |
|---|---|---|---|---|
Interests in joint ventures |
|
13,230 |
|
12,848 |
Interests in associates companies |
|
4,188 |
|
4,345 |
|
|
17,418 |
|
17,193 |
Interests in joint ventures comprise Hansaport Hafenbetriebsgesellschaft mit beschränkter Haftung, HHLA Frucht- und Kühl-Zentrum GmbH, Ulrich Stein Gesellschaft mit beschränkter Haftung, ARS-UNIKAI GmbH, Kombi-Transeuropa Terminal Hamburg GmbH, HVCC Hamburg Vessel Coordination Center GmbH, Spherie UG (haftungsbeschränkt) and Hyperport Cargo Solutions GmbH i. G. Third Element Aviation GmbH has been included in the HHLA Consolidated Financial Statements as of the fourth quarter of 2020.
Interests in associated companies include the shares in CuxPort GmbH and the shares in DHU Gesellschaft Datenverarbeitung Hamburger Umschlagsbetriebe mbH.
The higher interests reported than in the previous year are largely due to the earnings recorded in financial income for the various companies at equity less the dividends received, see Note 16.
For more information, please refer to Note 3.
In maritime logistics, a terminal is a facility where freight transported by various modes of transport is handled.