14. Other operating expenses
in € thousand |
|
2020 |
|
2019 |
|---|---|---|---|---|
Consultancy, services, insurance and auditing expenses |
|
50,229 |
|
48,071 |
External maintenance services |
|
46,775 |
|
43,360 |
Leasing costs |
|
7,211 |
|
9,472 |
Other personnel expenses |
|
3,519 |
|
3,479 |
Travel expenses, advertising and promotional costs |
|
2,982 |
|
4,840 |
Impairment losses on financial assets |
|
2,731 |
|
1,064 |
External and internal cleaning costs |
|
2,529 |
|
2,551 |
Other taxes |
|
2,440 |
|
2,924 |
Postage and telecommunications costs |
|
1,828 |
|
1,604 |
Other venture expenses |
|
1,426 |
|
827 |
Expenses from exchange rate differences |
|
1,353 |
|
520 |
Losses on the disposal of property, plant and equipment |
|
558 |
|
144 |
Other |
|
15,156 |
|
15,719 |
|
|
138,737 |
|
134,575 |
Expenses for consultancy, services, insurance and auditing increased, mainly due to an increased need for project-related consultancy.
Expenses for external maintenance services mainly increased due to higher real estate-related maintenance expenses and a greater need for maintenance to the IT infrastructure.
The HHLA Group regards the impairment losses on financial assets listed above as immaterial and has therefore decided not to show them separately in the income statement. The increase in expenses is chiefly attributable to a greater need for adjustments to trade receivables as a consequence of the prevailing coronavirus pandemic in the reporting year.
Other operating expenses also include numerous smaller individual items.