Annual Report 2023

14. Other operating expenses

Other operating expenses

in € thousand

 

2023

 

2022

Consultancy, services, insurance and auditing expenses

 

75,646

 

66,472

External maintenance services

 

58,541

 

48,712

Leasing costs

 

15,251

 

16,213

Travel expenses, advertising and promotional costs

 

8,149

 

6,472

Other personnel expenses

 

4,644

 

4,625

Other taxes

 

3,259

 

2,930

External and internal cleaning costs

 

2,762

 

2,573

Other venture expenses

 

2,029

 

1,805

Postage and telecommunications costs

 

1,874

 

2,012

Impairment losses on financial assets

 

1,548

 

2,021

Expenses from exchange rate differences

 

1,280

 

1,925

Losses on the disposal of property, plant and equipment

 

578

 

374

Other

 

22,371

 

26,697

 

 

197,932

 

182,831

Expenses for consultancy, services, insurance and auditing increased, mainly due to an increased need for issuing expert opinions and reports.

Expenses for external maintenance services increased due to higher real estate-related maintenance expenses and higher maintenance expenses for equipment and facilities.

For details of lease expenses, see Note 45.

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.

Other operating expenses include numerous smaller individual items.

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