23. Property, plant and equipment

See Note 45 for further details regarding the existing restrictions in connection with leases.

Additions in the reporting period primarily comprise capital expenditure for the procurement of handling equipment and the expansion of warehouse capacities at the Hamburg container terminals, as well as the capital expenditure of the METRANS Group for the acquisition of locomotives and wagons and the development of existing and new hinterland terminals.

Disposals in the reporting period mainly relate to the sale/scrapping of handling equipment.

The changes to the group of consolidated companies relate to the addition of the subsidiaries HHLA PLT Italy S.r.l., Trieste, Italy and iSAM AG, Mülheim an der Ruhr, including its three subsidiaries, which have been added to HHLA’s group of consolidated companies, see Note 3.

The effects of changes in exchange rates mainly include the exchange rate changes of the Ukrainian currency.

No write-downs were made on property, plant and equipment in the year under review (previous year: € 423 thousand).

Buildings, surfacing and movable non-current assets with a carrying amount of € 76,561 thousand (previous year: € 4,755 thousand) have been pledged as collateral for loans granted to Group companies. The year-on-year change is due to the addition of companies consolidated for the first time.

The obligations arising from open orders for capital expenditure on property, plant and equipment are reported under Note 46.